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History
- Referred to civil service and pensions
Companion bill
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Prohibits the investment of public pension funds in entities doing business in Sudan
In Assembly Committee · Governmental Employees · Sponsor Karim Camara
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2978
Title of bill
An act to amend the retirement and social security law, in relation to prohibiting the investment of public pension funds in any entity doing business in Sudan
Purpose or general idea of bill
This bill would prohibit the invest- ment of public pension funds in entities doing business in Sudan, and would require any trustee or trustees of Sudanese investment to withdraw any such investments within sixty days of effective date.
Justification
This bill is proposed in response to the ongoing geno- cide in the Sudan. The Sudanese government has not fulfilled previously made promises to end the 20-year civil war between the government and the Sudan People's Liberation Movement/Army, and continues to severely limit the religious freedom of the Sudanese people. The Sudanese govern- ment further infringes upon basic human rights by engaging in arbitrary arrest, prolonged detention, extra-judicial killings, torture and rape, as well as failing to put an end to the slavery and slavery-like inden- ture of the Sudanese people. In addition the government violates the rules of war by deliberately attacking civilians, and is responsible for the war and famine-related effects that have led to more than two million deaths and the displacement of over four million people. This bill is an effort to end the genocide in Sudan, especially in the Dar Fur region, by cutting off funding from New York investment. By amending the retirement and social security law and prohibiting Sudanese invest- ment, a message is sent to the Sudanese government that reiterates the American position against the genocide in Sudan.
Prior legislative history
A.4183 02/02/22 - Referred to Governmental Employees S.3932 03/10/11 - Referred to Civil Service and Pensions A.4183 01/04/12 - Referred to Governmental Employees 05/01/12 - Held for Consideration in Governmental Employees S.3932 01/04/12 - Referred to Civil Service and Pensions 2010: S.2951 Held in Civil Service and Pensions 02/08/07 Referred to Governmental Employees 01/09/08 Referred to Governmental Employees
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.