ILLINOIS HOUSE LAWMAKERS PASSED A BILL TODAY (WEDNESDAY) CUTTING FINANCIAL TIES WITH RUSSIA.
THE MEASURE HAS BEEN IN THE WORKS FOR MONTHS, AIMED AT SHOWING SUPPORT FOR UKRAINE AS THE WAR WITH RUSSIA CONTINUES. IT REQUIRES DIVESTMENT OF STATE FUNDS FROM ANY RUSSIAN BANKS OR COMPANIES SAYS REPRESENTATIVE LINDSEY LAPOINTE OF CHICAGO.
SHE ADDS...
THE BILL ALSO REQUIRES COLLEGES AND UNIVERSITIES TO DISCLOSE ANY RUSSIAN-RELATED DONATIONS OR ENDOWMENTS AND CREATES TASK FORCES TO LOOK INTO POTENTIAL REAL ESTATE MONEY LAUNDERING SCHEMES AND RUSSIAN INTERFERENCE IN ILLINOIS ELECTIONS.
