Entities that Boycott Israel
What changed between versions
Added detailed definition of 'Boycott Israel' to include academic boycotts, economic harm through rating changes, and trade practices prohibited by federal regulations
Added new definition for 'Scrutinized companies or other entities' to clarify which organizations are subject to the boycott restrictions
Added exemption for indirect holdings and exchange-traded funds from direct divestment requirements
Modified the public fund's divestment timeline to allow 12 months after a company appears on the boycott list before requiring divestment
Added requirement for the public fund to report quarterly to the Board of Trustees, Senate President, and House Speaker about boycott-related activities
Modified contract eligibility thresholds from $100,000 to 'any amount' for companies on the boycott list, and increased penalty for false certification from unspecified amount to greater of $2 million or twice the contract value
Modified the timeframe for companies to respond to false certification notices from unspecified to 90 days
Added specific dates for when different contract termination provisions apply, including a July 1, 2025 deadline for new termination clauses