Legislation authored by New Jersey Senate Republican Leader Tom Kean, Jr.
(R- Union) denying public contracts to contractors that do business in Iran has been signed by Governor Christie.
Formerly S-1304, the new law forbids awarding state and local public contracts
to any person or entity that invests in Iran's energy or finance sectors.
"Those who invest in sectors of the Iranian economy that strengthen
President Ahmadinejad's dictatorial regime are financially supporting a
state
sponsor of terrorism and human rights abuses," said Senator Kean. "New
Jersey has a long and proud history of supporting the international
community's efforts
to combat oppression, torture, and terrorism by hitting rogue regimes
where the
pain is most acute: their treasuries. This law builds upon that
tradition."
Kean noted that the United States government has a similar contracting ban in
place at the federal level, as do a variety of allied nations. Kean's
legislation was signed on the same day that the Obama Administration announced
additional U.S. sanctions on Iranian oil and financial sectors.
"Iran is a major threat not only to our security, but to that of our
allies like Israel," he stated. "Any person or entity who turns a
blind eye to that threat should have no claim to public dollars in New Jersey."
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