HOUSE DOCKET, NO. 2817        FILED ON: 1/17/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3662

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Dylan A. Fernandes and Jay D. Livingstone

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act authorizing independent retirement systems to divest from fossil fuel companies.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Dylan A. Fernandes

Barnstable, Dukes and Nantucket

1/17/2019

Jay D. Livingstone

8th Suffolk

1/22/2019

Jack Patrick Lewis

7th Middlesex

1/22/2019

John J. Mahoney

13th Worcester

1/22/2019

Aaron Vega

5th Hampden

1/22/2019

Christine P. Barber

34th Middlesex

1/23/2019

Sean Garballey

23rd Middlesex

1/23/2019

Brian M. Ashe

2nd Hampden

1/28/2019

Ruth B. Balser

12th Middlesex

1/30/2019

Jennifer E. Benson

37th Middlesex

2/1/2019

Paul Brodeur

32nd Middlesex

2/1/2019

Peter Capano

11th Essex

2/1/2019

Michelle L. Ciccolo

15th Middlesex

1/30/2019

Nick Collins

First Suffolk

2/1/2019

Joanne M. Comerford

Hampshire, Franklin and Worcester

3/19/2019

Mike Connolly

26th Middlesex

1/25/2019

Daniel R. Cullinane

12th Suffolk

1/31/2019

Julian Cyr

Cape and Islands

1/31/2019

Marjorie C. Decker

25th Middlesex

1/31/2019

Marcos A. Devers

16th Essex

1/24/2019

Mindy Domb

3rd Hampshire

1/30/2019

Daniel M. Donahue

16th Worcester

3/19/2019

Michelle M. DuBois

10th Plymouth

2/1/2019

Carolyn C. Dykema

8th Middlesex

3/25/2019

Lori A. Ehrlich

8th Essex

2/1/2019

James B. Eldridge

Middlesex and Worcester

2/1/2019

Nika C. Elugardo

15th Suffolk

2/2/2019

Paul R. Feeney

Bristol and Norfolk

1/31/2019

Denise C. Garlick

13th Norfolk

1/31/2019

Carmine Lawrence Gentile

13th Middlesex

1/30/2019

Carlos González

10th Hampden

1/29/2019

Tami L. Gouveia

14th Middlesex

1/29/2019

Danielle W. Gregoire

4th Middlesex

1/28/2019

James K. Hawkins

2nd Bristol

1/31/2019

Stephan Hay

3rd Worcester

1/31/2019

Jonathan Hecht

29th Middlesex

1/31/2019

Natalie M. Higgins

4th Worcester

1/31/2019

Kate Hogan

3rd Middlesex

1/31/2019

Kevin G. Honan

17th Suffolk

1/29/2019

Patrick Joseph Kearney

4th Plymouth

2/1/2019

Mary S. Keefe

15th Worcester

2/1/2019

Kay Khan

11th Middlesex

1/29/2019

Kathleen R. LaNatra

12th Plymouth

2/1/2019

John J. Lawn, Jr.

10th Middlesex

1/31/2019

David Henry Argosky LeBoeuf

17th Worcester

1/28/2019

Adrian C. Madaro

1st Suffolk

1/28/2019

Elizabeth A. Malia

11th Suffolk

2/1/2019

Paul W. Mark

2nd Berkshire

1/31/2019

Christina A. Minicucci

14th Essex

1/31/2019

Liz Miranda

5th Suffolk

1/31/2019

Frank A. Moran

17th Essex

1/31/2019

James M. Murphy

4th Norfolk

1/31/2019

Brian W. Murray

10th Worcester

2/1/2019

Harold P. Naughton, Jr.

12th Worcester

3/25/2019

Tram T. Nguyen

18th Essex

1/26/2019

James J. O'Day

14th Worcester

1/27/2019

Sarah K. Peake

4th Barnstable

1/30/2019

Denise Provost

27th Middlesex

1/25/2019

Rebecca L. Rausch

Norfolk, Bristol and Middlesex

2/1/2019

David Allen Robertson

19th Middlesex

2/1/2019

Maria Duaime Robinson

6th Middlesex

1/24/2019

David M. Rogers

24th Middlesex

1/29/2019

Lindsay N. Sabadosa

1st Hampshire

1/31/2019

Jon Santiago

9th Suffolk

1/31/2019

Thomas M. Stanley

9th Middlesex

1/31/2019

José F. Tosado

9th Hampden

2/1/2019

Paul F. Tucker

7th Essex

3/25/2019

Steven Ultrino

33rd Middlesex

2/1/2019

Andres X. Vargas

3rd Essex

1/31/2019

Tommy Vitolo

15th Norfolk

1/31/2019

Thomas P. Walsh

12th Essex

3/25/2019

Susannah M. Whipps

2nd Franklin

3/25/2019


HOUSE DOCKET, NO. 2817        FILED ON: 1/17/2019

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3662

By Messrs. Fernandes of Falmouth and Livingstone of Boston, a petition (accompanied by bill, House, No. 3662) of Dylan A. Fernandes, Jay D. Livingstone and others for legislation to authorize independent retirement systems to divest from fossil fuel companies.  Public Service.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninety-First General Court
(2019-2020)

_______________

 

An Act authorizing independent retirement systems to divest from fossil fuel companies.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. For the purposes of this section, an “independent retirement system” shall mean any Massachusetts public pension system under the oversight, monitoring, and regulation of the public employee retirement administration commission; and a “fossil fuel company” shall mean a company identified by a Global Industry Classification Standard code in one of the following sectors: (1) coal and consumable fuels; (2) integrated oil and gas; or (3) oil and gas exploration and production.

Notwithstanding any general or special law to the contrary, any independent retirement system may, in accordance with the procurement process under section 23B of chapter 32 of the General Laws, divest in whole or in part from any investment in fossil fuel companies. In accordance with this section, the board of an independent retirement system may, after following the procurement process under said section 23B of said chapter 32, invest in index funds or other investment vehicles that may not include fossil fuel companies.

SECTION 2. This act shall take effect upon its passage.