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Ragan, Steckman weigh in on bill limiting state investments in Iran


This news story was published on April 21, 2011.
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Iowa Governor Terry Branstad signed bill HF 484 into law on Wednesday, April 20. The bill prohibits investments (such as those for IPERS) made with state dollars, from being spent in Iran.

NorthIowaToday.com asked State Rep. Sharon Steckman and State Senator Amanda Ragan what they thought of the bill.

Ragan told NorthIowaToday.com “Iran is the chief state-sponsor of international terrorism, according to the U.S. Department of State. This bill protects our troops by divesting public funds from companies doing business in Iran. In 2007, American military officials detailed how the Iranian government supplies deadly weapons to terrorists in Iraq. These weapons have wounded and killed hundreds of American service members, including many from Iowa, according to American military officials. We must stop Iowa tax dollars from being invested in a country that is supporting the enemies of the American military. It’s a national security issue, a veterans’ issue, an American issue and an Iowa issue.”

Steckman told NorthIowaToday.com that “this was definitely not a jobs bill, or for that matter an issue the public was demanding we deal and solve. It was, as so many other bills that have passed out of the House, someone’s “agenda”. I had no problem voting for the bill, mainly because I think any investment in Iran would be a bit shaky. However, I do feel we have spent far too much time on social, divisive issues instead of focusing on jobs, balancing the budget, funding our priorities and paying our bills.”|

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