<p>While we are happy to have you contact us by electronic mail, telephone, surface mail or facsimile transmission, merely communicating with Ropes &amp; Gray LLP or a Ropes &amp; Gray lawyer or employee will not create a lawyer-client relationship. Such a relationship will not arise unless and until the firm agrees with you in writing to handle a particular matter. Importantly, unless and until this has occurred, you should not convey to us any information you regard as personal or confidential, because any such information will not be treated by us as confidential or subject to any confidentiality requirements.*</p>
<p>Our Web site (<a href="http://www.ropesgray.com">www.ropesgray.com</a>) offers several opportunities for visitors to register for informational update and alert mailings, events, and for assistance in using our online resources. These registration and sign-up forms are often linked to the Ropes &amp; Gray LLP mailing list and require users to give contact information (such as name and email address). We use this contact information to send users information about our firm and their selected areas of interest when requested or necessary. Users may opt-out of receiving future mailings at any time. Ropes &amp; Gray LLP is the sole owner of information collected on this site. For more information regarding our collection and use of such information, see our Privacy Policy.</p>

This alert should not be construed as legal advice or a legal opinion on any specific facts or circumstances. This alert is not intended to create, and receipt of it does not constitute, a lawyer-client relationship. The contents are intended for general informational purposes only, and you are urged to consult your attorney concerning any particular situation and any specific legal question you may have. © 2024 Ropes & Gray LLP

Title	Key Dates	Nature of Action	ESG Category	Summary
Rhode Island to Divest from Private Prisons, Gun Makers	Adopted and in effect 1/22/2020	Enforcement / Divestment	Promote Divestment from Certain Industries	■ Applies to the Employees' Retirement System of Rhode Island. ■ State Investment Commission shall divest from companies that manufacture assault-style weapons for civilian use or operate private for-profit prisons.

Title	Key Dates	Nature of Action	ESG Category	Summary
HB 6312: Identification of State Pension Funds with Military Contractors Act	Introduced, but did not pass in the 2023 legislative session	Legislation	Promote Divestment from Certain Industries	■ Requires the state investment commission to identify all military weapon manufacturers where the pension fund owns direct or indirect holdings, and the commission shall file a list of any such holdings with the Office of Attorney General, the House of Representatives and the Senate.
HB5811: Divestment of State Pension Funds from Military Contractors	Introduced, but did not pass in the 2023 legislative session	Legislation	Promote Divestment from Certain Industries	■Requires the state investment commission and pension fund to divest from (and prohibits any future) investments in military weapon manufacturers. This does not apply to indirect holdings in actively managed investment funds, but the public fund must submit letters to managers requesting they remove such companies from the investment fund.

Rhode Island

Legislation Guidance in Effect

Past/Inactive Legislation

Contacts