- Legislation
- HF 2373 (2022)
- Status
- In Effect
- In Effect Since
- July 2022
- Type(s)
- Anti-boycott, State Contracts, State Investments
- Full Text
- Read HF 2373 (2022)
This bill, formerly HSB 639, amends Iowa’s 2016 anti-boycott law (HF 2331), and expands the definition of companies subject to the law to include a “wholly owned subsidiary, majority-owned subsidiary, parent company, or affiliate of such business or business.”
Iowa’s anti-boycott law requires state entities to create a blacklist of entities that boycott Israel and territories it occupies. The law prohibits state entities from investing in or contracting with blacklisted entities for contracts of $1,000 or more. The amendments in HF 2373 are specifically aimed at Ben & Jerry’s and in response to the ice cream company’s 2021 announcement that it would stop doing business in illegal Israeli settlements. Ben and Jerry’s and its London-based parent company, Unilever, have come under attack from Israel and its allies who have called for states to use anti-boycott laws to divest from Unilever. The bill went into effect in July 2022. Related bill: SF 2265.