H 1264
An Act promoting responsible investment
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the Massachusetts Public Employees’ Retirement System (PERF) to identify and report on all investments held by the fund that relate to entities involved in the production, stockpiling, or maintenance of weapons of mass destruction. The goal is to promote responsible investment practices by ensuring the fund doesn’t support companies involved in these activities. A hearing is scheduled to discuss this matter further.
Key provisions
- Requires the Public Employees’ Retirement System (PERF) to identify investments related to weapon of mass destruction entities.
- Focuses on entities involved in the production, stockpiling, or maintenance of weapons of mass destruction.
- Directs PERF to report its findings.
- A hearing is scheduled to discuss the bill's provisions.
Who is affected
- Massachusetts Public Employees’ Retirement System (PERF)
- Investors in the PERF
- Entities involved in weapon of mass destruction production
Notable changes
- This bill introduces a specific requirement for PERF to assess and report on investments in weapon of mass destruction-related entities.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Samantha Montaño
Cosponsors
Carmine Lawrence Gentile
Christine P. Barber
David Henry Argosky LeBoeuf
Arguments in favor
Reasons to support this legislation.
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Bill H.1264 194th (Current)
An Act promoting responsible investment
By Representatives Montaño of Boston and Sabadosa of Northampton, a petition (accompanied by bill, House, No. 1264) of Samantha Montaño and Christine P. Barber relative to identifying all weapon of mass destruction entities in which the Public Fund holds investments. Financial Services.
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Bill Information
Bill Information
Presenters: Samantha Montaño , Lindsay N. Sabadosa
Tabs
Bill History Petitioners Committee Vote Hearing Attendance
Bill History
Displaying 9 actions for Bill H.1264
| Date | Branch | Action |
| 2/27/2025 | House | Referred to the committee on Financial Services |
| 2/27/2025 | Senate | Senate concurred |
| 11/7/2025 | Joint | Hearing scheduled for 11/18/2025 from 10:30 AM-01:00 PM in A-2 |
| 11/7/2025 | Joint | Hearing rescheduled to 11/18/2025 from 10:30 AM-01:00 PM in A-2 and Virtual Hearing updated to include Virtual |
| 11/14/2025 | Joint | Hearing rescheduled to 11/18/2025 from 10:30 AM-01:00 PM in A-2 and Virtual Hearing location changed |
| 11/18/2025 | Joint | Hearing rescheduled to 11/18/2025 from 10:30 AM-01:00 PM in A-2 and Virtual Hearing updated to New End Time |
| 11/18/2025 | Joint | Hearing rescheduled to 11/18/2025 from 10:30 AM-01:00 PM in A-2 and Virtual Hearing updated to New End Time |
| 11/18/2025 | Joint | Hearing rescheduled to 11/18/2025 from 10:30 AM-01:00 PM in A-2 and Virtual Hearing updated to New End Time |
| 3/12/2026 | House | Accompanied a study order, see H5213 |
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