Last week, the State Assembly Insurance Committee approved AB 2160 (Blumenfield). This bill is a vital part of national and international efforts to ratchet up economic pressure on the government of Iran and to stop its nuclear weapon program. You can help ensure the bill passes.
AB 2160 builds on the momentum of previous Federal and State policies which place economic pressure on Iran’s government. This bill requires a domestic insurer to treat any indirect investment in the Iranian energy sector as a non-admitted asset on the financial statements of that insurer in filings with the California Insurance Commissioner. AB 2160 does not require divestment nor does it impose any penalty on the insurer, it simply brings this investment into the public eye.
Jewish Federation Los Angeles, along with its partner, the Jewish Public Affairs Committee of California (JPAC) and its member organizations across California, urges you to contact your Assembly member today and ask them to support AB 2160!
If you need assistance identifying your representative, please click here and type in your address.
The more individuals and organizations who contact the Assembly in support of this bill, the better chance it has of getting approved.
The current government of Iran is a known sponsor of terrorism against people across the globe. Recently, Iran has been proven to be behind major acts of terror against American troops in Iraq and Afghanistan. It has defied the United Nations and the European Union in its pursuit to develop an atomic weapon. Possession of a nuclear bomb by Iran threatens not just Israel, but the safety of all of our allies in the Middle East and abroad.
If you have any questions, please contact Debbie Dyner Harris at (323) 761-8158 or DDynerHarris@JewishLA.org.
