Tim Gannon (who some might remember from the Blouin campaign) is heading up the state effort to get the major investors in Iowa government – IPERS, 411, the Regents, and maybe a few others.  I was at the Senate state government committee meeting on Wednesday, where the bill was passed onto the floor by a unanimous voice vote.  The house subcommittee hasn’t acted yet, but this is a good amount of progress for this early in the session, and the bipartisan support certainly doesn’t hurt.

The bill would instruct these investors to divest of any direct investments in a small number of offending companies (25 or so), as well as encourage them to move away from mutual funds and other indirect investments that support these companies.

Things are looking pretty positive for the bill, but I encourage you to write or call your Senator or Representative and let them know your feelings on the bill.