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California State Senate passes Iran divestment bill

On Sept. 6, the California Senate unanimously approved a bill that would require state pension funds to divest an estimated $24 billion in investments from nearly 300 companies doing business with Iran.

Briefs: Weiss proposes city funds divestment; D.A. rejects marijuana raid case

Community briefs.

Jews and Muslims unite behind Iran divestment bill

Fourteen national and state Jewish organizations and dozens of Iranian Muslim groups opposed to Iran's regime have found common ground in support of California Assembly Bill 221, which would require state pension funds to divest an estimated $24 billion in investments from more than 280 companies doing business with Iran.

Divestment Doubts

To the extent that you closely monitor the hearings of the Committee on Judiciary of the California State Assembly -- and you know you do -- you might want to keep an especially close eye on the upcoming vote on AB 221.