An Act relative to pension divestment from companies providing military equipment to the State of Israel

HD 3630 requires Massachusetts' Pension Reserves Investment Management Board to divest the state pension fund from all stocks and securities of companies selling military equipment to Israel within 60 days of the law's effective date. Companies selling such weapons to Israel must publicly commit within 30 days not to renew or enter new weapon contracts with Israel to avoid divestment. This directly affects the state pension fund's investments and companies supplying military equipment to Israel. The bill mandates concrete financial action based on companies' contractual commitments to Israel's military purchases.