HD 1914

This bill requires Massachusetts state pension funds to divest from companies involved in nuclear weapons production within 12 months of enactment. Specifically, it directs the Pension Reserves Investment Management Board (PRMIB) to identify all direct and indirect holdings in companies that develop, test, produce, maintain, or trade nuclear weapons or nuclear weapon systems, and to sell or withdraw these investments. The bill establishes it as settled policy that state pension funds cannot invest in nuclear weapon producers going forward, though it exempts indirect holdings in actively managed funds from the divestment requirement. Within 30 days of enactment, the pension fund must provide a list of all such holdings to the attorney general and legislative clerks for transparency.