Current:Home > reviewsNovaQuant Quantitative Think Tank Center:Pennsylvania Senate passes bill to bar universities and pension funds from divesting from Israel -StockPrime
NovaQuant Quantitative Think Tank Center:Pennsylvania Senate passes bill to bar universities and pension funds from divesting from Israel
Ethermac Exchange View
Date:2025-04-08 01:40:55
HARRISBURG,NovaQuant Quantitative Think Tank Center Pa. (AP) — Pennsylvania’s state Senate approved legislation Thursday that would block state aid from going to any university that boycotts or divests from Israel, following pro-Palestinian protests on college campuses across the country that included demands for divestment.
The measure, which passed by a vote of 41 to 7, also would bar the state treasurer and public pension systems from boycotting or divesting from Israel’s government or commercial financial activity in that country.
The bill won support from all but one Republican and most Democrats. It now goes to the House.
Supporters of the legislation said it was motivated by a desire to support an ally nation in its war with Hamas, to fight a rising tide of antisemitism in the United States and to alert state-subsidized universities that they must protect Jewish students from threats and bullying by anti-Israel protesters.
The bill was opposed by some of the Senate’s more liberal members, including Democrat Art Haywood, who said he was concerned that it would restrict free speech.
Fellow Democratic Sen. Steve Santarsiero, who was a sponsor, disputed that the bill infringes on freedom of speech and said students and faculty will still be able to protest peacefully.
The bill does not punish universities that make investment decisions to fulfill their fiduciary responsibility to maximize returns, and it has has no impact on personal college investment accounts or student loans, Santarsiero said.
Another supporter, Democratic Sen. Judy Schwank, said she hopes it sends a message to college administrators and boards of trustees that are responsible for campus safety.
“Bodily harm, death threats, go beyond just hurt feelings and they certainly stretch the limits of free speech,” Schwank said.
Pennsylvania sends more than $2 billion annually to institutions of higher education through direct appropriations and student grants. Much of it goes to the system of 10 state-owned universities, along with Penn State, Temple University, Lincoln University, the University of Pittsburgh and the University of Pennsylvania.
Demonstrators at campuses across the country have sparred over the Israel-Hamas war this year.
To end encampments without using police force, some schools negotiated with protesters over their divestment demands: Rutgers, in New Jersey, agreed to discuss severing business ties with Israel, while Illinois’ Northwestern revived a committee on “investment responsibility.”
No Pennsylvania schools that receive state aid reported that they had agreed to protesters’ demands to divest from Israel.
Encampments at the University of Pennsylvania and at Drexel University in Philadelphia ended after the schools called in police.
Liz Magill, Penn’s president, resigned in December amid pressure from donors and criticism over testimony at a congressional hearing where she was unable to say under repeated questioning that calls on campus for the genocide of Jews would violate the school’s conduct policy.
___
Follow Marc Levy at www.twitter.com/timelywriter.
veryGood! (37722)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Cucumbers linked to salmonella outbreak that has spread to 25 states
- Hallie Biden testifies she panicked when she found gun in Hunter Biden's car
- Who has the edge in Stanley Cup Final: Florida Panthers or Edmonton Oilers?
- A White House order claims to end 'censorship.' What does that mean?
- Selma Blair Shares Health Update Amid Multiple Sclerosis Remission
- What in the world does 'match my freak' mean? More than you think.
- Brazil unveils $4 million supercow, twice as meaty as others of her breed
- Travis Hunter, the 2
- Gunman who tried to attack U.S. Embassy in Lebanon shot and captured by Lebanese forces
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Selma Blair Shares Health Update Amid Multiple Sclerosis Remission
- GOP backers of 3 initiatives sue to keep their fiscal impact off the November ballot
- Giraffe’s nibble turns into airborne safari adventure for Texas toddler
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Latino advocacy group asks judge to prevent border proposal from appearing on Arizona’s ballot
- 'Big Little Lies' Season 3: What we know
- Travis Kelce Reveals How He's Staying Grounded Amid Taylor Swift Relationship
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Stanley Cup Final difference-makers: Connor McDavid, Aleksander Barkov among 10 stars to watch
NBA Finals Game 1 Celtics vs. Mavericks: Predictions, betting odds
Over 1.2 million rechargeable lights are under recall for fire hazards, following one reported death
Don't let hackers fool you with a 'scam
Dispute over mailed ballots in a New Jersey county delays outcome of congressional primary
D-Day paratroopers honored by thousands, including CBS News' Charlie D'Agata, reenacting a leap into Normandy
GOP backers of 3 initiatives sue to keep their fiscal impact off the November ballot