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Amends the Protecting Pennsylvania's Investments Act (Act 44 of 2010) providing for divestiture by the State Treasurer, the State Employees' Retirement System and the Public School Employees' Retirement System of investments in companies doing business in Iran and Sudan and in assault weapons manufacturers. Within 90 days after the effective date of this bill, a public fund should identify all assault weapons manufacturers in which the public fund has direct holdings with and assemble an assault weapons manufacturers list. Written notification should be sent informing the assault weapon manufacturer of the activities that resulted in the determination to become subject to divestment by the public fund and allow 180 days to cease the assault weapon manufacturing activities to avoid qualifying for divestment. The public fund will provide a report to the Governor, the President pro tempore of the Senate, the Speaker of the House of Representatives and each member of the boards of the Pennsylvania Municipal Retirement System, the State Employees' Retirement System and the Public Employees' Retirement System one year after the bills effective date. This report will contain the most recent assault weapons manufacturers list, a summary of correspondence with the assault weapons manufacturers and investment activities.