Word: massdivest
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Dates: during 1982-1982
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Originally introduced in 1979 by Rep Mel King (I-Boston) and State Sen. Jack Backman (1)-Brookline Newton) the bill has been promoted by the Massachusetts Coalition for Divestment from South Africa (MassDivest) a coalition of over 100 labor, civic and religious organization. Two Harvard student groups, the Southern Africa Solidarity Committee and the Hillel Social Action Committee are among the group's members...
...Famis of MassDivest yesterday called the bill "the strongest piece of divestment legislation in the country." Connecticut is the only other state with a similar law requiring divestment of pension funds, but the Connecticut law does not apply to firms that adhere to the Sullivan principles, a set of guidelines for non-discriminatory labor practices...
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