Prohibits investment by State of pension and annuity funds in companies manufacturing, importing, and selling assault firearms for civilian use.

This bill prohibits New Jersey's state pension and annuity funds from investing in companies that manufacture, import, or sell assault firearms for civilian use. It specifically bans investments with "equity ties" (like ownership stakes or business relationships) to such companies, while exempting those making assault firearms exclusively for military or law enforcement use. Existing investments violating this rule must be divested within three years, and the state must report progress annually to the legislature. The definition of "assault firearm" aligns with New Jersey's existing law banning civilian sales of these weapons.