H 2900
An Act requiring public pension fund divestment from ammunition and firearms
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill would require Massachusetts’ public pension funds to divest, or sell off, investments in companies that manufacture ammunition and firearms. The goal is to align the state’s pension investments with ethical considerations and reduce the funds’ exposure to industries related to weapons production. This legislation seeks to demonstrate a commitment to public safety and social responsibility through responsible investment practices.
Key provisions
- Public pension funds must divest from companies involved in the production of ammunition.
- Public pension funds must divest from companies involved in the production of firearms.
- The bill applies to all Massachusetts public pension funds.
- The bill directs the state’s treasurer to oversee the divestment process.
- The treasurer will report on the progress of the divestment to the legislature.
- The bill establishes a process for determining which companies qualify as ‘involved in the production’ of ammunition and firearms.
- The bill allows for a phased implementation of the divestment requirements.
Who is affected
- Massachusetts public pension funds
- Investors in Massachusetts public pension funds
- Companies that manufacture ammunition and firearms
- Massachusetts residents who benefit from public pension funds
Notable changes
- This bill mandates a specific divestment policy for Massachusetts public pension funds.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Jay D. Livingstone
Cosponsors
Jay D. Livingstone
Arguments in favor
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Bill H.2900 194th (Current)
An Act requiring public pension fund divestment from ammunition and firearms
By Representatives Livingstone of Boston and Domb of Amherst, a petition (accompanied by bill, House, No. 2900) of Jay D. Livingstone and Mindy Domb relative to requiring public pension fund divestment from ammunition and firearms. Public Service.
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Bill Information
Bill Information
Presenters: Jay D. Livingstone , Mindy Domb
Tabs
Bill History Petitioners Committee Vote Committee Summary Hearing Attendance
Bill History
Displaying 5 actions for Bill H.2900
| Date | Branch | Action |
| 2/27/2025 | House | Referred to the committee on Public Service |
| 2/27/2025 | Senate | Senate concurred |
| 7/7/2025 | Joint | Hearing scheduled for 07/16/2025 from 01:00 PM-05:00 PM in A-2 |
| House | Reported by committee to Clerk’s Office for processing, will accompany a study order | |
| 3/30/2026 | House | Accompanied a study order, see H5312 (under House Rule 27) |
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