Public Trusts Pledge Prohibition Act

Policy Status

  • Type: Model Policy
  • Status: Final
  • Date Introduced: July 27, 2023
  • Date Finalized: August 28, 2023

Issues

  • Pension Reform

    • Task Forces

  • Tax and Fiscal Policy

    • Tags

  • AM 2023

    • Summary

    Many state agencies, public trusts, and other public entities have taken it upon themselves to become signatories to international non-governmental agreements without the express consent of the governed and without a clear public purpose. Unlike private sector companies and organizations, governmental entities funded with taxpayer dollars should be precluded from signing on to international nongovernmental agreements.
    Draft

    Public Trusts Pledge Prohibition Act

    Section A: Addition to current statutes governing state agency duties [Bracketed portions may be adjusted for the needs of each state]

    1. Nongovernmental agreements

    a. Except as otherwise provided in statute, all state and local treasury funds and public retirement systems are prohibited from signing, joining, or promoting policy agreements, resolutions, or proclamations issued or promoted by nongovernmental organizations.