A bill to amend 2008 PA 234, entitled “Divestment from terror act,” by amending sections 2, 10, and 11 (MCL 129.292, 129.300, and 129.301), section 2 as amended by 2018 PA 684.
House Bill No. 5058 amends Michigan's divestment law to add Russia, Iran, and North Korea as state sponsors of terror, updates compliance timelines, and enhances reporting requirements to ensure state funds are not invested in companies linked to these countries.
Introduced
by
Referred to the Committee on Government Operations