A New Jersey state legislative committee on Monday pushed forward a bill that would make that state the first to prohibit investment of public money in companies doing business with Iran. Assemblyman Neil Cohen says he is sponsoring the measure in view of Iran's attempts to develop nuclear weapons and statements by its leaders denying the Holocaust and indicating a desire to see Israel destroyed. The U.S. already prohibits American companies from doing business with Iran.
March 15, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A New Jersey state legislative committee on Monday pushed forward a bill that would make New Jersey the first state to prohibit investment of public money in companies doing business with Iran.
Assemblyman Neil Cohen, D-Union, says he is sponsoring the measure, A-3043, in view of Iran’s attempts to develop nuclear weapons and statements by its leaders denying the Holocaust and indicating a desire to see Israel destroyed.
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