Thursday, December 20, 2007

Sudan Divestment Bill passed

December 18th, 2007
by Jesse Lee

The House has passed the Sudan Accountability and Divestment Act of 2007 by a vote of 411-0, which passed the Senate by unanimous consent earlier this week. The bill protects states’ and investment firms’ rights to divest from companies with connections to the government of Sudan. SADA also prohibits federal contracts with such companies. A similar piece of legislation, the Darfur Accountability and Divestment Authorization Act, passed the House earlier this year; this final bill will be sent to the President. The White House has opposed the measure.