House Bill 651

AN ACT TO PROHIBIT THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM (PERS) AND THE TREASURER'S OFFICE FROM HAVING DIRECT OR INDIRECT HOLDINGS IN COMPANIES THAT BOYCOTT ISRAEL OR ENGAGE IN A BOYCOTT OF ISRAEL; TO REQUIRE PERS AND THE TREASURER TO IDENTIFY ALL COMPANIES THAT ARE BOYCOTTING ISRAEL OR ARE ENGAGED IN A BOYCOTT OF ISRAEL IN WHICH THEY OWN DIRECT OR INDIRECT HOLDINGS BY A SPECIFIED DATE; TO REQUIRE PERS AND THE TREASURER TO CREATE AND MAINTAIN A LIST OF SCRUTINIZED COMPANIES THAT BOYCOTT ISRAEL THAT NAMES ALL OF THOSE COMPANIES; TO REQUIRE PERS AND THE TREASURER TO PROVIDE WRITTEN NOTICE TO A COMPANY THAT IS IDENTIFIED AS A SCRUTINIZED COMPANY; TO SPECIFY THE CIRCUMSTANCES UNDER WHICH A COMPANY MAY BE REMOVED FROM THE LIST; TO PRESCRIBE CERTAIN REPORTING REQUIREMENTS BY PERS AND THE TREASURER REGARDING THE COMPANIES ON THE LIST; TO AUTHORIZE PERS AND THE TREASURER TO INVEST IN CERTAIN SCRUTINIZED COMPANIES IF THE VALUE OF ALL ASSETS UNDER MANAGEMENT BY THEM BECOMES EQUAL TO OR LESS THAN A SPECIFIED AMOUNT; TO AMEND SECTIONS 25-11-121 AND 27-105-33, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; TO PROHIBIT STATE AGENCIES AND LOCAL GOVERNING AUTHORITIES FROM CONTRACTING FOR GOODS AND SERVICES THAT EXCEED A SPECIFIED AMOUNT WITH SCRUTINIZED COMPANIES; TO REQUIRE THE INCLUSION OF A CONTRACT PROVISION THAT AUTHORIZES TERMINATION OF A CONTRACT IF A COMPANY SUBMITS CERTAIN FALSE CERTIFICATION, HAS BEEN PLACED ON THE SCRUTINIZED COMPANIES LIST, OR IS ENGAGED IN A BOYCOTT OF ISRAEL; TO PROVIDE FOR CERTAIN EXCEPTIONS; TO REQUIRE CERTIFICATION UPON SUBMISSION OF A BID OR PROPOSAL FOR CERTAIN CONTRACTS WITH AN AGENCY OR GOVERNING AUTHORITY THAT THE COMPANY IS NOT PARTICIPATING IN A BOYCOTT OF ISRAEL; TO PROVIDE PROCEDURES UPON DETERMINATION THAT A COMPANY HAS SUBMITTED A FALSE CERTIFICATION; TO PROVIDE FOR A CIVIL ACTION AND PENALTIES FOR COMPANIES THAT VIOLATE THE PROVISIONS OF THIS ACT; TO PROVIDE FOR PREEMPTION OF CONFLICTING AGENCY RULES AND GOVERNING AUTHORITY ORDINANCES; TO AMEND SECTIONS 25-53-5 AND 31-7-3, MISSISSIPPI CODE OF 1972, TO CONFORM TO THE PRECEDING PROVISIONS; AND FOR RELATED PURPOSES.

In the House of Representatives

• Donnie Bell

  Sponsor

l9n doesn't hold this bill's text yet.

In the House of Representatives Jan 13 – Jan 31

1. Jan 13Referred to the House committee on Appropriations
2. Jan 31Died in committee in the House