On Thursday, the House Appropriations Committee passed House Bill 1127, sending it to the full House for further debate that would ban Mississippi state from hiring companies doing business with Iran.
On Thursday, the House Appropriations Committee passed House Bill 1127, sending it to the full House for further debate that would ban Mississippi state from hiring companies doing business with Iran.
The bill bans business with any firm that sells $20 million or more of goods and services, to Iran’s oil and gas sector. Moreover, it was also in the process of banning business any banks, loaning more than $20 million to businesses in Iran’s energy sector. However, this clause was removed from the bill by its sponsor, Baldwyn Republican Jerry Turner.
Under these measures, Mississippi would make a list of banned companies, where businesses with plans to close out their investments would be excluded.
In Indiana, Iranian oil and gas industry, has already been a target of these sanctions, where in 2012, a bill co-sponsored by State Representative, Bill Davis, that would bar state agencies from contracting with businesses investing in Iran was passed unanimously.
“We need to send a clear message that Indiana will not do business with those who support the enemies of the American people,” said Davis.
Moreover he justified this decision by arguing that the state should have no ties to any company affiliated with Iran, especially when they continue to develop nuclear capabilities.
Here, it is important to mention the relationship that the U.S has with Iran, over its nuclear programme, one that has caused a rift between both countries.
