Gov. Bruce Rauner signed the historic legislation into law as Jewish community leaders and the consul general of Israel to the Midwest, Roey Gilad, looked on.

“We need to stand up to anti-Semitism whenever and wherever we see it,” Rauner said in a statement. “This historic legislation is an important first step in the fight against boycotts of Israel and I hope other states move quickly to follow our lead.”

The new law, modeled on existing Illinois legislation regarding Iran and Sudan, requires state pension systems to purge from their portfolios companies that directly boycott Israel and send warnings to fund managers when companies engaged in boycott activity are held indirectly inside larger portfolios.
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