The Illinois State House of Representatives Executive Committee unanimously passed a bill yesterday that would ban state pension funds from including companies that participate in the Boycott, Divestment and Sanctions (BDS) movement against Israel in their portfolios.
The 10-0 committee vote follows the 49-0 passage of the measure in the Illinois State Senate and precedes a vote among the full Illinois House, after which point the bill would go to the desk of Illinois Governor Bruce Rauner for a signature into law.
B’nai B’rith International said in a statement that it “applauds Illinois citizens and their representatives for taking such a strong stance against a movement rooted in anti-Semitism that ultimately impedes the peace process by opposing constructive dialogue between Israel and Palestinians.”
State legislatures in Indiana and Tennessee last month passed resolutions condemning the BDS movement, but those measures were non-binding, as opposed to the Illinois legislation’s concrete economic action against BDS. According to B’nai B’rith, the Illinois bill’s proposed removal of BDS-participating companies from state pension portfolios “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.”
The Christian Zionist organization Proclaiming Justice to the Nations (PJTN), which initiated the anti-BDS resolution in Tennessee, has released a list of 17 U.S. states that are considering or have already passed legislation that opposes BDS.
“I am calling on Christians, Jews, and people of conscience in the remaining 33 states to add their voices to this groundbreaking initiative by contacting PJTN.org and launching this initiative in their states. It’s time to confront these people (BDS proponents) and call them what they are—anti-Semites!” PJTN founder Laurie Cardoza-Moore said in a statement.