Christie signs bill requiring anti-Israel firms divestment

Gov. Chris Christie has signed legislation that would bar the state's public pension fund from investing with companies that boycott Israel or Israeli businesses.

Gov. Christie signs a bill requiring anti-Israel firms

Gov. Christie signs a bill requiring anti-Israel firms divestment. (Credit: News 12 New Jersey)

TRENTON - Gov. Chris Christie has signed legislation that would bar the state's public pension fund from investing with companies that boycott Israel or Israeli businesses.

Christie signed the legislation at a statehouse ceremony on Tuesday.

The legislation passed with overwhelming support in the Democrat-led Legislature in June.

The measure is part of a broader effort to oppose the so-called boycott, divestment and sanctions movement that targets Israel and Israeli businesses.

The legislation requires the State Investment Council, which manages more than $80 billion in pension assets, to identify any potential investments targeting Israel and to divest from them.

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