New York · 2025 Regular Session · Bill
A 1516: Provides for limitations on investments of public pension funds and state contracts
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 1516 is a bill introduced in the New York House on January 10, 2025. According to its official title, it concerns: Provides for limitations on investments of public pension funds and state contracts. Primary sponsor: David Weprin (Democratic). Most recent recorded action (January 7, 2026): REFERRED TO GOVERNMENTAL EMPLOYEES.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Provides for limitations on investments of public pension funds and state contracts; prohibits the investment of the available monies of the common retirement fund in any stocks, securities, equities, assets or other obligations of any corporation or company, or any subsidiary, affiliate or parent of any corporation or company, engaged in the boycott of Israel, including Iran-restricted companies and Sudan-restricted companies; prohibits any firm, partnership or corporation that boycotts Israel, that is an Iran-restricted company or that is a Sudan-restricted company from contracting with the state.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| David Weprin | Primary sponsor | Democratic | House | 24 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO GOVERNMENTAL EMPLOYEES
- REFERRED TO GOVERNMENTAL EMPLOYEES