Divestment From Companies That Boycott Israel.
Do you support it?
Want to know if it passes?
We'll email you when SB 329 moves — a committee vote, a floor vote, or a signature. Nothing else.
Free forever · unsubscribe in one click.
Your answer was recorded either way.
Which district are you in?
Your ZIP is all we need to match you to your own representatives — so we can tell you how they voted on SB 329.
You're tracking SB 329
We'll email you the moment it moves.
SB 329 — Divestment From Companies That Boycott Israel.
Last action — Passed 1st Reading
No card. One bill, free forever — alerts when it moves.
-
✓Introduced
-
2In Committee
-
3Passed Senate
-
4Passed House
-
5To Executive
-
6Enacted
This bill died with 2017-2018 Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Bill Text
What changed in the latest version
11 added · 12 removedPlain-language change summary
In the latest version of Senate Bill 329, some introductory information was added, including details about the General Assembly session and the sponsors' names. This change helps clarify the context of the bill and ensures that anyone reading it knows who is behind the legislation and when it was introduced. These updates matter because they enhance transparency and accountability in the legislative process.
FILED SENATE GENERAL ASSEMBLY OF NORTH CAROLINA MarSESSION 21, 2017 S.B.S 1 SENATE BILL 329 Short Title:
329 SESSION 2017 PRINCIPAL CLERK S D SENATE BILL DRS45249-MR-57 (02/28) Short Title:
Senators Tucker, Gunn, and Brock (Primary Sponsors).Sponsors);
Pate, Rabin, and Sanderson.
Rules and Operations of the Senate March 22, 2017 A BILL TO BE ENTITLED AN ACT REQUIRING STATE DIVESTMENT FROM, AND PROHIBITING STATE AGENCIES FROM CONTRACTING WITH, COMPANIES THAT BOYCOTT ISRAEL.
– Any sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, *DRS45249-MR-57**S329-v-1* General Assembly Of North Carolina Session 2017 limited liability company, or other entity or business association, including all wholly owned subsidiaries, majority-owned subsidiaries, parent companies, or affiliates of those entities or business associations.
The State Treasurer shall Page 2 DRS45249-MR-57Senate [v.11]Bill (02/17)329-First Edition General Assembly Of North Carolina Session 2017 keep all written certifications from restricted and previously restricted companies.
DRS45249-MR-57Senate [v.11]Bill (02/17)329-First Edition Page 3 General Assembly Of North Carolina Session 2017 G.S.
Page 4 DRS45249-MR-57Senate [v.11]Bill (02/17)329-First Edition
Compared against the N.C. General Statutes as published AI-generated reading aid — verify against the official bill.
The bill establishes prohibitions on state investments and contracts with companies that boycott Israel, including provisions for divestment and a process for identifying restricted companies.
-
N.C.G.S. § 147-86.81
§ 147-86.81. Prohibitions on State investment. (a) No more than 30 days after October 1, 2017, the State Treasurer shall adopt a policy prohibiting the North Carolina Retirement Systems or the Department of State Treasurer from directly investing in any company engaged in a boycott of Israel. At a minimum, the policy shall provide for the following: ...
This section introduces a new prohibition on state investments in companies that boycott Israel.
-
N.C.G.S. § 147-86.82
§ 147-86.82. Restrictions on contracts with the State or subdivisions of the State. (a) A company that is identified as a restricted company is ineligible to contract with the State or any political subdivision of the State.
This section prohibits contracting with companies identified as engaging in a boycott of Israel.
-
N.C.G.S. § 147-86.82
§ 147-86.82. Restrictions on contracts with the State or subdivisions of the State. (b) Any contract entered into with a company that is identified as a restricted company at the time of contract is void ab initio.
This provision ensures that contracts with companies already identified as restricted are deemed invalid.
-
N.C.G.S. § 147-86.82
§ 147-86.82. Restrictions on contracts with the State or subdivisions of the State. (c) Upon receiving information that a company that was not identified as a restricted company at the time of contract has later been identified as a restricted company, the State agency shall review the information and offer the company an opportunity to respond.
This section mandates a review process for companies that are newly identified as restricted.
-
N.C.G.S. § 147-86.81
§ 147-86.81. Prohibitions on State investment. (b) With respect to the actions taken in compliance with subsection (a) of this section, including all good-faith determinations of restricted companies, the North Carolina Retirement Systems and the State Treasurer are exempt from any conflicting statutory or common law obligations, including any fiduciary duties and any obligations with respect to choice of asset managers, investment funds, or investments for the North Carolina Retirement Systems portfolio.
This provision protects the actions of the State Treasurer and the Retirement Systems from legal liabilities when enforcing the divestment policy.
-
N.C.G.S. § 147-86.81
§ 147-86.84. Reporting. The State Treasurer shall report to the Joint Legislative Commission on Governmental Operations annually by March 1 on information regarding investments sold, redeemed, divested, or withdrawn in compliance with this Article.
This section requires annual reporting on compliance with the divestment policy to ensure accountability.
Action History
-
Passed 1st Reading
-
Ref To Com On Rules and Operations of the Senate
-
Filed
Sponsors
- Norman W. Sanderson · Cosponsor
- Rabin · Cosponsor
- Pate · Cosponsor
- Gunn · Primary
- Brock · Cosponsor
- Tucker · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 4 co-sponsors · 173 not signed on
Sponsors (2)
- Gunn
- Tucker
Co-sponsors (4)
- Norman W. Sanderson Republican
- Rabin
- Pate
- Brock
Not signed on (173)
173 members have not signed on to this bill.
Show all 173 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors SB 329?
- SB 329 is sponsored by Norman W. Sanderson (Republican), Rabin, Pate, Gunn, Brock, and Tucker.
- What is the current status of SB 329?
- This bill died with 2017-2018 Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 329?
- Track SB 329 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on SB 329
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of SB 329
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →