In response to the invasion of Ukraine by Russia, the Illinois Senate has passed a bill that would divest state funds from Russian assets.
Sponsored by Democrat state Rep. Lindsey LaPointe, House Bill 1293 would divest Illinois state funds from Russian debt and develop a method for detecting Russian money laundering in local real estate.
“It is absolutely tragic to see the senseless pain and suffering that has been forced on the Ukrainian people,” LaPointe said in a statement when passing the bill. “We have a moral obligation to stand up against Russian aggression, it’s important for Illinois to send a strong message and impose new rules that target the financial support for Putin’s war machine.”…