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CFO Jeff Atwater Applauds Governor Scott for Signing Legislation that Reaffirms Iran Sanctions

4/8/2016

Contact: Ashley Carr
(850) 413 – 2842
TALLAHASSEE, Fla. – Florida Chief Financial Officer Jeff Atwater today applauded Governor Rick Scott for signing legislation that reaffirms Florida’s commitment to not invest taxpayer dollars in state sponsors of terror in Iran. Sanctions championed then Senator Atwater and approved by the Florida Legislature years ago prohibited the state from funding companies engaged in prohibited business, and today the bill re-establishing these sanctions was signed into law.

CFO Atwater said, “Governor Scott today exercised states’ rights by solidifying Florida’s right to invest or divest funds where it chooses. Florida established sanctions against Iran and called for a withdrawal of currently invested funds nearly 10 years ago with the passing of a bill I co-sponsored during my time in the legislature. In September 2015, the United States Senate failed the American public when it refused to vote on the Iran Nuclear Deal. This move, or lack thereof, allowed for the White House to implement this dangerous foreign policy though it had no signs of support from the American public.

‘The legislature stood up against this endless overreach by our federal government this session, crafting and passing a bill that reaffirms Florida’s commitment that they should take keep state dollars from funding sponsors of terror. Governor Scott was then tasked with the important role of signing this legislation into law, and today that became a reality.

‘Florida’s actions set an example for the rest of the country to follow, and we are sending a clear message to states that have not yet divested funds from Iran to take a firm stand. State dollars are meant to benefit the people who pay their taxes, not companies who conduct business with groups capable of the evil we have recently seen on the news.

‘Today, with the signing of this legislation, Florida stood with the victims, families and friends of those who have lost their lives as a result of terrorism. Recent news involving Iran’s plans to continue developing a missiles program further demonstrates the need for legislation like this to keep from funding this dangerous and unpredictable regime.

‘Thank you to Representative Neil Combee and Senator Jeremy Ring for sponsoring this important legislation that reaffirms Florida’s choice.”

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Chief Financial Officer Jeff Atwater, a statewide elected official, oversees the Department of Financial Services. CFO Atwater’s priorities include fighting financial fraud, abuse and waste in government, reducing government spending and regulatory burdens that chase away businesses, and providing transparency and accountability in spending. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).