An Act requiring public pension fund divestment from ammunition and firearms

This bill requires Massachusetts state pension funds to divest from companies that generate significant revenue from civilian ammunition, firearms, or firearm accessories. Specifically, funds must identify and sell all direct holdings in such companies within 12 months of enactment, while requesting fund managers to remove these companies from indirect holdings (e.g., mutual funds). The policy applies to entities deriving over 15% of revenue from non-law enforcement or non-military sales of these products. Annual reports detailing divestments must be submitted to the attorney general and state legislative committees. The bill also exempts funds from conflicting laws and provides legal protection for officials implementing the policy.