HD 1161

This bill requires Massachusetts state pension funds to divest from companies involved in nuclear weapons production. Specifically, it mandates that the Pension Reserves Investment Management Board identify all direct and indirect holdings in companies that develop, test, produce, maintain, or trade nuclear weapons or nuclear weapon systems within 30 days of the bill's enactment and report these holdings to state officials. The legislation establishes a formal policy prohibiting future state pension fund investments in nuclear weapon producers, effectively requiring the divestment of Massachusetts public employee retirement assets from the nuclear weapons industry.