HB 350/LM (BR 1228) - R. Benvenuti III

     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.