Dick Codey Wants State to Disinvest in Gun Firms

A New Jersey state senator says the state should move investments from any company that makes or sells assault weapons.

Senator Richard Codey said Friday that he plans to introduce the measure next month.

It comes in response to last week's shooting in Connecticut when a gunman killed 26 people at a school, including 20 children.

Codey says weapons like the one used by that shooter have no lawful purpose for civilians.

New Jersey's pension funds are not currently invested directly in the firms that own any major gun or ammunition companies.

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