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A04827 Summary:

BILL NOA04827
 
SAME ASNo Same As
 
SPONSORPalmesano
 
COSPNSRAngelino, Blankenbush, Byrnes, DeStefano, Gallahan, Giglio JM, Jensen, McDonough, Tague
 
MLTSPNSR
 
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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