The California Public Divest from Iran Act (AB 221), one of the bills we actively lobbied on during our annual Mission to Sacramento, unanimously passed the State Senate last week by a 36-0 vote.
Yesterday morning, the State Assembly concurred with the Senate’s amendments, unanimously passing the revised bill making California the third state in the nation to pass Iran divestment legislation. The bill now heads to Governor Schwarzenegger’s desk for his signature.
Introduced by Assemblyman Joel Anderson, AB 221 will prohibit the state’s public pension funds from investing in companies with business ties to Iran’s petroleum, natural gas, nuclear, or defense sectors. Depriving Iran of investment in these sectors of their economy will send a clear message to Tehran that they must give up their nuclear weapons program.
HELP US THANK THE LEGISLATURE
Please call your State Senator and Assembly Member in Sacramento to thank them for voting for the California Public Divest from Iran Act (AB 221). Visit http://www.leginfo.ca.gov/yourleg.html to look up your State Senator’s contact information.
Assemblyman Joel Anderson (R-El Cajon), the author of AB 221, should be thanked for introducing the bill and for leading the effort in the Legislature to ensure the bill’s passage. Assemblyman Anderson can be reached at (916) 319-2077.
Senator Darryl Steinberg (D-Sacramento) should be thanked for his leadership on AB 221 in the Senate. Senator Steinberg can be reached at (916) 651-4006.
Votes
The following State Senators voted for AB 221:
Aanestad, Ackerman, Alquist, Ashburn, Battin, Calderon, Cedillo, Cogdill, Corbett, Correa, Cox, Denham, Dutton, Florez, Harman, Kehoe, Kuehl, Lowenthal, Machado, Maldonado, Margett, McClintock, Migden, Negrete McLeod, Oropeza, Padilla, Perata, Ridley-Thomas, Romero, Runner, Simitian, Steinberg, Torlakson, Wiggins, Wyland, Yee
The following State Senators were not present for the vote:
Ducheny, Hollingsworth, Scott, Vincent
The State Assembly passed AB 221 unanimously.