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A 1580 New York Assembly · 2025 Regular Session

Establishes the teachers' fossil fuel divestment act

Summary
Establishes the teachers' fossil fuel divestment act; requires the New York state teachers' retirement system to divest the retirement system of any stocks, securities, equities, assets, or other obligations of corporations or companies included on an exclusion list of coal producers and oil and gas producers.
Issues: ✓ EnergySupports EnergyRequires divestment from fossil fuel producers, reducing reliance on non-renewable energy sources per bill's mandate.95% confidence ✓ EnvironmentSupports EnvironmentDivests retirement funds from fossil fuel companies, reducing financial support for polluting industries and aligning with environmental protection goals.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2025 Last action Jan 7, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO GOVERNMENTAL EMPLOYEES
lower
Jan 10, 2025
Committee
REFERRED TO GOVERNMENTAL EMPLOYEES
lower
1 primary · 48 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Anna Kelles
Anna Kelles
DDemocratic/Working Families
NY
125
Co
Photo of Al Taylor
Al Taylor
DDemocratic
NY
71
Co
Photo of Amanda Septimo
Amanda Septimo
DDemocratic/Working Families
NY
84
Co
Photo of Amy Paulin
Amy Paulin
DDemocratic
NY
88
Co
Photo of Andrew Hevesi
Andrew Hevesi
DDemocratic
NY
28
Co
Photo of Bill Conrad
Bill Conrad
DDemocratic/Independence/Working Families
NY
140
Co
Photo of Brian Cunningham
Brian Cunningham
DDemocratic
NY
43
Co
Photo of Catalina Cruz
Catalina Cruz
DDemocratic
NY
39
Co
Photo of Chantel Jackson
Chantel Jackson
DDemocratic
NY
79
Co
Photo of Charles Lavine
Charles Lavine
DDemocratic
NY
13
Co
Photo of Chris Burdick
Chris Burdick
DDemocratic/Independence/Working Families
NY
93