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A 6391

New York Assembly bill in Session 2025-2026.

Status: in_committee. Latest action: January 7, 2026.

Enacts the "cobalt and lithium mining and production divestment act".

Bill ID NY-2025-2026-A-6391
Session 2025-2026
Status in_committee
Committee Governmental Employees
Assembly in_committee 2026-01-07
Summary

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.

Sponsor
Philip Palmesano
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-03-04 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Assembly Committee
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