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DIGEST OF INTRODUCED BILL
Contracting with persons that invest in Iran. Provides that agencies of state government, state educational institutions, and political subdivisions may not enter into contracts with persons that engage in investment activities in Iran. Provides that a financial institution may not be designated as a public depository if the financial institution engages in investment activities in Iran. Requires the department of administration, using credible information available to the public, to establish a list of persons who engage in investment activities in Iran. Provides for the inclusion of persons on the list and the removal of persons from the list.