This measure would
require the City to divest municipal funds from countries found to have committed severe human rights violations and from corporations that enabled those violations. The ordinance technically does not mention any country by name, but The Providence for Palestine coalition — which
spearheaded the campaign to get Question 7 on the ballot and helped collect over 10,000 signatures to do so — has described Israel as a target for divestment. While a handful of other cities have passed similar measures, Providence
would become the largest city to divest and the first to pass such a measure through a direct popular vote.
Supporters include Democratic nominee for mayor David Morales MPA’19, the Rhode Island Democratic Socialists of America and Jewish Voice for Peace Rhode Island. They argue that a “yes” vote will send an important message as to how voters feel about the Israel-Palestine conflict and pressure the government to take action. Morales has also emphasized that divesting these funds would not simply pull money out of the pension fund, but would allow for careful reinvestment elsewhere. Supporters have also compared this ordinance to Providence’s 2006 divestment from companies that conducted business in Sudan during the genocide in Darfur and its 2013 divestment from fossil fuels.
Critics
include Mayor Brett Smiley, Republican nominee for mayor David Talan and the
Jewish Alliance of Greater Rhode Island. Some opponents have
argued that a “yes” vote would require the city to raise taxes in order to make up the
difference in the already-struggling pension fund. They also have argued that this
would be illegal: the City’s charter allows citizens to get a question on the ballot if they collect enough signatures, but these questions may not cost taxpayers additional money. Smiley has argued that Question 7 would therefore be a violation of the City’s charter and if it passes will likely face costly legal challenges.