Those State Fund Divestment Bills in the Real World

What’s happening? Texas and Florida are trying to determine if legislation that the states enacted to divest state funds from businesses that boycott Israel. The “boycott” at issue: Ben and Jerry’s made a business decision to not sell ice cream in Israel.

Why is this important? Let’s tie this to the post this week about Texas decline in best state to do business, does imposing political views on businesses sounds like the kind of state that makes you feel good?

How will this be important? If one of the pension systems, that invest in Unilever, which supports Israel and is Ben and Jerry’s parent company, divest from Ben and Jerry’s, then it seems reasonable to ask- what issue will be added to the code of behavior for Texas state funds.

Texas Public Radio | Texas Investigates Ben And Jerry’s For Potentially Boycotting Israel