via The Algemeiner:
Iowa Governor to Sign Bill Banning Use of State Funds for Israel Boycotts
May 4, 2016
Iowa Gov. Terry Branstad will sign a bill that prohibits state funds from being invested in companies that boycott Israel, he said on Monday.
The bill, formally titled House File 2331, will apply to the state treasurer, the Board of Regents and some state pension funds, including the Public Employees’ Retirement System.
House File 2331, which was passed by the Iowa Senate last week after being approved in the Iowa House of Representatives, is aimed at countering efforts of the Boycott, Divestment and Sanctions (BDS) Movement.
Iowa is the eighth state to pass an anti-boycott of Israel bill, according to the American educational organization, The Israel Project.
Gov. Branstad said he thinks it is “wrong to be boycotting our friend and ally, Israel.” He added, “There is a lot of opportunity for us to do business with them, and I don’t believe we ought to be penalizing Israel, of all countries. They are one of our best friends and allies. This is something I strongly support.” (Read More)
Read the full article at The Algemeiner