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A09241 Summary:

BILL NOA09241A
 
SAME ASNo Same As
 
SPONSORPalmesano
 
COSPNSRTague, Gallahan, Salka, Byrnes, McDonough, Giglio JM, Blankenbush, Jensen, DeStefano
 
MLTSPNSRAngelino
 
Add §423-d, R & SS L
 
Enacts the "cobalt and lithium mining and production divestment act" to prevent monies or assets of the common retirement fund from being invested in the stocks, securities or other obligations of any institution or company engaging in cobalt and lithium mining or production for the manufacture of batteries used in large-scale battery storage power stations and the primary propulsion systems for electric vehicles, if such company cannot establish through approved independent monitoring that their mining operation does not use child labor and that adult miners and other workers are employed under conditions that meet accepted criteria.
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