Christie signs bill banning N.J. pension investments with businesses boycotting Israel
TRENTON — New Jersey on Tuesday became the third state in the nation to put a law on its books to oppose a movement that encourages a boycott of Israeli goods and services.
Gov. Chris Christie signed into law a bipartisan measure that bars the state's public worker pension fund from investing in companies that refuse to do business with Israel.
The Garden State joins Florida and Illinois, which have similar laws. It's a public pushback against businesses participating in the Palestinian-led "Boycott, Divestment and Sanctions" movement.
The BDS movement is a global campaign to put pressure on Israeli to stop "colonizing Palestinian land, discriminating against Palestinian citizens of Israel and denying Palestinian refugees the right to return to their homes."
Read more: http://www.nj.com/politics/index.ssf/2016/08/christie_signs_bill_that_cuts_pension_ties_with_bu.html
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