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.