2007 Montana Legislature

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SENATE BILL NO. 197

INTRODUCED BY D. WEINBERG

 

A BILL FOR AN ACT ENTITLED: "AN ACT PROHIBITING THE BOARD OF INVESTMENTS FROM INVESTING IN COMPANIES AND STATES PROVIDING ASSISTANCE TO TERRORIST ACTIVITIES."

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:

 

     NEW SECTION.  Section 1.  Divestiture of investments in businesses supporting terrorist activities. The board of investments may not invest in companies engaged in providing assistance to terrorist activities or to companies who do business in nations determined by the U.S. government to be terrorist states. The determination of what constitutes terrorism and a terrorist state must be in alignment with the office of terrorism finance and economic sanctions policy within the U.S. department of state.

 

     NEW SECTION.  Section 2.  Codification instruction. [Section 1] is intended to be codified as an integral part of Title 17, chapter 6, part 2, and the provisions of Title 17, chapter 6, part 2, apply to [section 1].

- END -

 


Latest Version of SB 197 (SB0197.01)
Processed for the Web on January 5, 2007 (4:51pm)

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