September 8th Press Conference in front of the Israeli Consulate to launch California's Israel Divestment Campaign. This is the first ballot measure in the nation aimed at changing Israeli policies through divestment by State agencies. It directs California's large public employee and teacher pension funds to be consistent with their responsible investing policies and to divest from companies that violate the human rights of Palestinians.
The description provided by the office of the Attorney General when it approved the measure for circulation says that the initiative "prohibits state retirement funds from investing in companies engaged in certain business activities in Israel."
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