A bill to require the Secretary of the Treasury to monitor the adherence by certain United States corporations to principles of nondiscrimination and freedom of opportunity in employment practices in Northern Ireland.

Summary

Directs the Secretary of the Treasury to: (1) determine the extent to which the assets of any Federal pension or annuity fund are invested in any U.S. corporation or its subsidiary which engages in business in Northern Ireland; (2) monitor the extent to which such corporations or subsidiaries adhere to the principles of nondiscrimination in employment practices and freedom of opportunity in the workplace established by Sean MacBride to assure employment opportunities for religious minorities; and (3) report his findings to the Congress annually. Requires the Executive Director of the Federal Retirement Thrift Investment Board to initiate and support shareholder petitions or initiatives requiring adherence by such corporations and subsidiaries which are not in full compliance with such principles. Requires each signatory to the MacBride principles to report annually to an independent monitoring agency on its progress in implementing such principles.

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Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 11 April 1989

  Open at official source

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