A bill that calls for Illinois' five retirement systems to divest from companies involved in building President-elect Donald J. Trump's proposed wall along the U.S. and Mexico border is up for consideration when Illinois lawmakers return for a two-day lame-duck session in January.
Bill sponsor state Rep. Will Guzzardi, D-Chicago, said the measure, introduced shortly after the election, sends a message to residents of his district and elsewhere that Illinois is a state that empowers immigrants and doesn't want its “investment dollars to support an agenda that demonizes the immigrant population.”
Mr. Guzzardi, who represents a predominantly Latino district, said a number of his colleagues are eager about the bill and he is optimistic that it will garner a majority vote in January.
Whether Illinois Gov. Bruce Rauner would sign off on the measure is unclear.
Asked about the measure during a Nov. 22 question-and-answer session with reporters during a visit to a manufacturing facility in Chicago, Mr. Rauner said he supported “comprehensive immigration reform,” but added “the people of Illinois value inclusion and tolerance and diversity” and “these are good guiding principles for us to work on,” an online archive of the meeting showed.
Mr. Rauner also said the rhetoric in the 2016 presidential campaign was “appalling,” the archive showed.
Divestment policies are already in place at Illinois' retirement systems for Iran- and Sudan-connected companies and for companies that boycott Israel.
If enacted, Mr. Guzzardi's bill would expire in 2021, at the conclusion of Mr. Trump's first term.