Iran Divestment Bill Keeps Moving
From the SDUT News Blog…..
Note as well that Cal-PERS, Cal-STRS and the CTA continue to argue that the legislation infringes on their fiduciary responsibility to invest in terrorist states.
Senate Committee Approves Iran Divestment Bill
A key Senate panel approved a bill on Monday afternoon that would require the state’s huge pension funds for teachers and government workers to divest from companies that do business in Iran.
Assembly Bill 221, sponsored by Assemblyman Joel Anderson, R-El Cajon, won unanimous bipartisan support from the Senate Public Employment and Retirement Committee. The bill would require the funds… Read More