Iran

The JCRC has been working very closely with the State Legislature on House Bill 4297 An Act Relative to the Investment of Public Employee Pension Funds in the Government of Iran.  This would direct the state’s retirement board to divest itself of all oil and petroleum companies doing more than $20 million per year of business in Iran.  This bipartisan piece of legislation has strong support in both houses of the legislature and we are hopeful for its enactment later.

 

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