AN ACT relating to state funds. Create a new section of KRS Chapter 45A to prohibit contracts with a person or business until that person or business agrees that he, she, or it is not engaged in boycotting a person or business based in or doing business with a member of the World Trade Organization or a jurisdiction with whom the United States has a free trade or other nondiscriminatory trade agreement; amend KRS 45A.343, 65.027, 160.303, 164A.575, 176.070, and 424.260 to add the boycott prohibition requirement to contracts made by local governments, school districts, public universities, and the Department of Highways; create a new section of KRS Chapter 61 to require the investment committee of the Kentucky Employees Retirement System to divest from Iran-restricted companies, Sudan-restricted companies, and companies that that boycott Israel; create a new section of KRS Chapter 21 to require the investment committee of the Judicial Retirement System to divest from Iran-restricted companies, Sudan-restricted companies, and companies that boycott Israel; create a new section of KRS Chapter 161 to require the Teachers' Retirement System to divest from Iran-restricted companies, Sudan-restricted companies, and companies that boycott Israel; amend KRS 6.525 to include the divestment requirement for the Legislator's Retirement Plan.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

KY HB 350 · House Bill · 2018RS