SECTION 1. Chapter 32 of the General Laws, as appearing in the 2016 Official Edition, is hereby amended by adding a new section:-
The state employees retirement system, the teachers retirement system. and all county, city, and town contributions retirement systems shall not invest, or otherwise contribute funds, directly or indirectly, to an investment vehicle or fund controlled or managed by a financial institution or investment company, if that financial institution or investment company is headquartered, or, in the case of a non-publicly traded company, whose officers or principals reside in a state -which by executive or legislative action -has prohibited its state treasurer, retirement systems, or public pension funds from investing, with a financial institution or investment company because that financial institution or investment company utilizes environmental, social, and corporate (ESG) policies.
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