Asm. Anderson's Iran Divestment Bill Passes Unanimously
From the office of Assemblyman Joel Anderson (R):
Yesterday, the California State Assembly unanimously passed Assemblyman Joel Anderson’s (R-El Cajon) Assembly Bill 221 to divest California’s public retirement funds from key foreign businesses that invest in Iran.
“I am gratified by my colleagues’ strong bi-partisan support for this legislation, which will end California taxpayers’ investment in key foreign companies that invest in the Islamic Republic of Iran,” said Anderson.
Democrat Majority Whip Fiona Ma, a primary co-author of AB 221, said, “When CalPERS and CalSTRS invest State retirement funds in Iran, they put these investments at risk.”
“California’s taxpayers should not be investing in a country which funds terrorism,” said Anderson. “Money is the mother’s milk of terrorism.”
Congratulations to Assemblyman Anderson for his leadership, and securing unanimous support for this important bill.
Yesterday, the California State Assembly unanimously passed Assemblyman Joel Anderson’s (R-El Cajon) Assembly Bill 221 to divest California’s public retirement funds from key foreign businesses that invest in Iran.
“I am gratified by my colleagues’ strong bi-partisan support for this legislation, which will end California taxpayers’ investment in key foreign companies that invest in the Islamic Republic of Iran,” said Anderson.
Democrat Majority Whip Fiona Ma, a primary co-author of AB 221, said, “When CalPERS and CalSTRS invest State retirement funds in Iran, they put these investments at risk.”
“California’s taxpayers should not be investing in a country which funds terrorism,” said Anderson. “Money is the mother’s milk of terrorism.”
Congratulations to Assemblyman Anderson for his leadership, and securing unanimous support for this important bill.
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