If Gov. Bruce Rauner signs bill, Illinois will become first state to legislate againt Boycott, Divestment and Sanctions campaign against Israel.
The Illinois State House of Representatives unanimously passed a bill that would bar state pension funds from including companies that participate in the Boycott, Divestment and Sanctions campaign against Israel.
The bill passed the state House on Monday by a vote of 102-0. It previously passed the Illinois State Senate unanimously, 49-0.
The legislation now awaits Illinois Gov. Bruce Rauner’s signature. With the governor’s signature, Illinois will become the first state to legislate against BDS.
The bill requires the state’s pension system to remove companies that boycott Israel from their portfolios. The bill, an amendment, is based on existing legislation that the Illinois Investment Policy Board currently enforces, mandating that state pension funds be divested from foreign firms doing business in Iran, Sudan or other countries with known human rights violations.
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