This anti-boycott law prohibits state contracts with and state investments in entities, including sole proprietorships, that boycott Israel or territories occupied by Israel. The law creates a blacklist of restricted companies and prohibits the state from investing in or entering into contracts worth over $1,000 with companies on the blacklist. Entities can be removed from the blacklist if they provide a written certification that they will not reengage in a boycott of Israel for the duration of any business with the state. Although this bill was defeated, the companion bill HB 161 was passed.