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David G. McDonough
Assembly District 14
McDonough: Bill Will Strengthen Global Security
January 10, 2012

Assemblyman Dave McDonough (R,C,I-Merrick) recently responded to his vote in support of legislation that would ensure New York does not invest taxpayer dollars in companies that do business with Iran and could enhance Iranís energy sector and promote its nuclear weapons program.

ďThis legislation defends our nationís borders and protects our allies in the Middle East by divesting public funds from being invested in Iranís dangerous energy sector,Ē said McDonough. ďIran and its terrorist-sponsored groups continue to work toward building a dangerous nuclear arsenal that threatens Americaís interests in the Gulf and our ally Israel. The passing of this critical legislation ensures New York State will sever ties with companies that could potentially threaten global security. I applaud my colleagues for joining me in passing this legislation and for standing together to condemn terrorist-sponsored governments like Iran.Ē

Known as the Iran Divestment Act of 2012, this legislation would require the Office of General Services to develop a list of companies that invest over $20 million in Iranís energy sector. New York State would then cut ties with these companies that pad Iranís energy sector.

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