AN ACT PROHIBITING ANTI-ISRAELI BOYCOTT, DIVESTMENT AND SANCTIONS.

SB 407 prohibits state and local pension funds, government contractors, and publicly funded colleges from engaging in boycotts, divestment, or sanctions targeting Israel. It directly affects pension boards, state vendors, and public universities by banning actions based on anti-Israeli BDS (Boycott, Divestment, Sanctions) efforts. The bill requires these entities to avoid excluding businesses or investments due to such boycotts, ensuring compliance with state funding and contracting rules. This policy change applies specifically to state pension systems, state contracts, and public higher education institutions.