WASHINGTON, April 20, 2017 (GLOBE NEWSWIRE) -- The Israel Project today congratulated the state of Texas for passing a law that combats the biased Boycott, Divestment and Sanctions campaign. The law prohibits pension funds from investing in companies that unfairly single out the only Jewish state.
The House bill was sponsored by Representative Phil King and passed with a vote of 131-0, while the Senate version was sponsored by Brandon Creighton and passed overwhelmingly 25-4. Gov. Greg Abbott is expected to sign the bill into law.
Boycott, Divestment and Sanctions seeks to destroy Israel through economic warfare. This anti-Semitic initiative holds Israel to an egregious double standard, falsely accusing the sole democracy in the Middle East of being the sole perpetrator of wrongdoing in the region, an assertion that clearly has no basis in fact.
Though BDS tries to pass itself off as a human rights movement, its founders have openly called for the destruction of the only Jewish state.
“I want to thank the government of Texas for seeing the true, hateful intentions of BDS and banning such state-sponsored bias,” said The Israel Project CEO and President Josh Block. “The people of the Lone Star State and Israel share an unbreakable bond based upon mutual values, and by passing this legislation – ensuring that taxpayer dollars do not fund discrimination – Texas has reaffirmed this important friendship.”
Texas is Israel’s 47th largest trading partner, and the passage of today’s legislation further cements their relationship. Texas is the latest in more than a dozen states to pass laws banning this form of hatred.
About The Israel Project
The Israel Project (TIP) is a nonprofit, nonpartisan educational organization that provides factual information about Israel and the Middle East to the press, policymakers and the public. Founded in 2003, TIP works in multiple languages to provide real-time background information, images, maps, audio, video, graphics and direct access to newsmakers. To learn more about TIP, visit http://www.theisraelproject.org.