Texas is adding short-term-rental site Airbnb to a list of companies that cannot receive state investments because it disallows Israeli-owned rentals in the disputed West Bank.

Airbnb is the only American-based company on Texas' anti-Israel boycott list, which includes a Norwegian financial services group, a British wholesale co-op and a Norwegian insurance company.

Texas is making it "very clear that our state stands with Israel and its people against those wishing to undermine Israel's economy and the wellbeing of its people," said a statement from state Comptroller Glenn Hegar's office.

In November, Airbnb said it would remove about 200 listings in Israeli settlements in the West Bank. It cited a variety of factors for its decision, including whether listings inside an occupied territory had a direct connection to a larger regional dispute.

"We unequivocally reject and oppose the BDS movement and are disappointed by the decision," Airbnb said in a statement. "There are over 20,000 Airbnb hosts in Israel who open their doors and showcase the best of Israeli hospitality to guests from around the world."

In addition to the West Bank, Airbnb also said it has removed listings in the disputed territories of South Ossetia and Abkhazia.

Airbnb has about 20,000 Israeli hosts who've welcomed more than 1 million visitors, including 4,700 Texans in 2018, the company said.

Texas' move was praised by Christians United For Israel, the public policy arm of the nation's largest pro-Israel organization. It likened the so-called Boycott, Divestment and Sanctions movement, which seeks to "end international support for Israel's suppression of Palestinians," to "terrorists" and "hostile nations."

I applauded @GovAbbott when he signed Texas’ law to combat the anti-Semitic campaign to boycott Israel, and I’m proud that Texas is implementing the law. There are still many questions about @Airbnb’s decision that must be answered. https://t.co/QQh5td22Ha — Senator Ted Cruz (@SenTedCruz) March 4, 2019

"They will fail, because no matter how much they lie about and demonize the Jewish state, we at CUFI will ensure that conscientious people have the opportunity to learn the truth about the vibrant and democratic nation of Israel," founder John Hagee said in a statement.

In a recent report, human rights group Amnesty International said tourism-related giants Airbnb, Booking.com, Expedia and TripAdvisor contributed to human rights violations by listing accommodations and attractions in Israeli settlements along the West Bank. The settlements go against international law, the group noted, and booking accommodations there "helps fund an illegal endeavor."

About 26 states, including Texas, have laws on the books that prevent institutions from doing financial harm to Israel if they want state business, citing a desire to avoid using tax dollars to back stances hostile to a U.S. ally.

Democratic critics of laws cracking down on the Boycott, Divestment and Sanctions movement are increasingly skeptical of Israel's policies and see such laws as an infringement on free speech. In January, Florida added Airbnb to a list of companies that it defines as boycotting Israel. The same month, a bill to crack down on the BDS movement was blocked by Democrats in the Senate.

The backlash against Airbnb comes as the company is reportedly preparing for an IPO sometime in 2019.