An Act To Require State Divestment From Perpetrators Of International Human Rights Violations

This bill requires Maine to divest public funds - including those managed by the Maine Public Employees Retirement System - from companies, financial institutions, or entities operating in, benefiting from, or associated with countries or governing bodies determined by independent international bodies (like the UN or International Criminal Court) to have committed apartheid, ethnic cleansing, genocide, or war crimes. It mandates full divestment within 12 months of such a determination and directs the Treasurer’s Office to create a commission to monitor human rights reports and submit annual compliance reports to the legislature. Exceptions cover humanitarian aid, food, medicine, and essential supplies, and the Governor may waive divestment to prevent significant harm to Maine residents or protect national security.