Assembly Bill
AB 1650 (Feuer) – Public Contracts: Investing in Iranian Energy Sector
Prohibits a person, as defined, that is involved in investment activities in the energy sector in Iran, from entering into a contract with a public entity for goods and services. Stipulates that a state agency must require a company that submits a bid to self-certify that it is not a scrutinized person. Permits termination of a contract for false certification and requires the Attorney General to determine whether to bring civil actions to recover costs.
- Version: Chaptered (Chapter 573, Statutes of 2010)
- Sponsor: Author
- Location: Signed by Governor
- Board Position: Neutral, if amended
CalSTRS Analysis:
