To require divestiture of current investments in Iran, to prohibit future investments in Iran, and to require disclosure to investors of information relating to such investments.

3/6/2007--Introduced.
Directs the President to publish in the Federal Register a list of all U.S. and foreign entities that have invested more than $20 million in Iran's energy sector (including an itemization of individual investments of such entities) between August 5, 1996, and the date of such publication. Requires managers of federal and private pension plans or thrift savings plans and managers of mutual funds sold or distributed in the United States to:
(1) notify investors that their funds are invested in entities included on the list; and
(2) take immediate steps, upon notification or publication of such list, to divest all investments of such plans or funds in such entities. Prohibits, upon such publication, future investment in any entity included on the list by managers of such plans or funds. Requires the Office of Global Security Risks within the Division of Corporation Finance of the U.S. Securities and Exchange Commission to issue a report on the entities identified on the list, including a determination of whether or not:
(1) their operations in Iran constitute a risk to the United States; and
(2) such entities face U.S. litigation, sanctions, or similar circumstances that may have a material adverse impact on their financial conditions or operations. Terminates this Act 30 days after which:
(1) the President certifies to Congress that Iran has ceased support for international terrorism; and
(2) Iran has permanently ceased acquisition and development of weapons of mass destruction.


... morehide bill summarySee Full Bill Text

Sponsor

• Rep. Ileana Ros-Lehtinen [R, FL-18]
• and 81 Co-Sponsors
  • Rep. Shelley Berkley [D, NV-1]
  • Rep. Gus Bilirakis [R, FL-9]
  • Rep. Roy Blunt [R, MO-7]
  • Rep. Jo Bonner [R, AL-1]
  • Rep. Dan Boren [D, OK-2]
  • Rep. Henry Brown [R, SC-1]
  • Rep. Virginia Brown-Waite [R, FL-5]
  • Rep. Dan Burton [R, IN-5]
  • Rep. Stephen Buyer [R, IN-4]
  • Rep. David Camp [R, MI-4]
  • Rep. Eric Cantor [R, VA-7]
  • Rep. Russ Carnahan [D, MO-3]
  • Rep. Christopher Carney [D, PA-10]
  • Rep. John Carter [R, TX-31]
  • Rep. Steven Chabot [R, OH-1]
  • Rep. Ben Chandler [D, KY-6]
  • Rep. Howard Coble [R, NC-6]
  • Rep. Steve Cohen [D, TN-9]
  • Rep. Tom Cole [R, OK-4]
  • Rep. Ander Crenshaw [R, FL-4]
  • Rep. Joseph Crowley [D, NY-7]
  • Rep. Barbara Cubin [R, WY-0]
  • Rep. John Culberson [R, TX-7]
  • Rep. David Davis [R, TN-1]
  • Rep. Geoff Davis [R, KY-4]
  • Rep. Lincoln Diaz-Balart [R, FL-21]
  • Rep. Mario Diaz-Balart [R, FL-25]
  • Rep. Thelma Drake [R, VA-2]
  • Rep. Eni Faleomavaega [D, AS-0]
  • Rep. Michael Ferguson [R, NJ-7]
  • Rep. James Forbes [R, VA-4]
  • Rep. Jeffrey Fortenberry [R, NE-1]
  • Rep. Luis Fortuno [R, PR-0]
  • Rep. Vito Fossella [R, NY-13]
  • Rep. E. Scott Garrett [R, NJ-5]
  • Rep. John Gingrey [R, GA-11]
  • Rep. Louis Gohmert [R, TX-1]
  • Rep. Raymond Green [D, TX-29]
  • Rep. Jane Harman [D, CA-36]
  • Rep. J. Dennis Hastert [R, IL-14]
  • Rep. Robin Hayes [R, NC-8]
  • Rep. Jeb Hensarling [R, TX-5]
  • Rep. Brian Higgins [D, NY-27]
  • Rep. Peter Hoekstra [R, MI-2]
  • Rep. Steve Israel [D, NY-2]
  • Rep. Stephanie Jones [D, OH-11]
  • Rep. Peter King [R, NY-3]
  • Rep. Ron Klein [D, FL-22]
  • Rep. Tom Lantos [D, CA-12]
  • Rep. John Linder [R, GA-7]
  • Rep. Frank LoBiondo [R, NJ-2]
  • Rep. Connie Mack [R, FL-14]
  • Rep. Tim Mahoney [D, FL-16]
  • Rep. Michael McCaul [R, TX-10]
  • Rep. Thaddeus McCotter [R, MI-11]
  • Rep. John McHugh [R, NY-23]
  • Rep. Kendrick Meek [D, FL-17]
  • Rep. John Mica [R, FL-7]
  • Rep. Tim Murphy [R, PA-18]
  • Rep. Mike Pence [R, IN-6]
  • Rep. Adam Putnam [R, FL-12]
  • Rep. Rick Renzi [R, AZ-1]
  • Rep. Dana Rohrabacher [R, CA-46]
  • Rep. Steven Rothman [D, NJ-9]
  • Rep. Bill Sali [R, ID-1]
  • Rep. H. James Saxton [R, NJ-3]
  • Rep. Peter Sessions [R, TX-32]
  • Rep. Brad Sherman [D, CA-27]
  • Rep. Christopher Smith [R, NJ-4]
  • Rep. Clifford Stearns [R, FL-6]
  • Rep. Thomas Tancredo [R, CO-6]
  • Rep. Lee Terry [R, NE-2]
  • Rep. Patrick Tiberi [R, OH-12]
  • Rep. Frederick Upton [R, MI-6]
  • Rep. Greg Walden [R, OR-2]
  • Rep. James Walsh [R, NY-25]
  • Rep. Anthony Weiner [D, NY-9]
  • Rep. Gerald Weller [R, IL-11]
  • Rep. Robert Wexler [D, FL-19]
  • Rep. Heather Wilson [R, NM-1]
  • Rep. Addison Wilson [R, SC-2]
  close

Committees

• House Financial Services
• 3 more
  • House Oversight and Government Reform
  • House Education and Labor
  • House Education and Labor
  close

Amendments

This bill has no amendments.

Amendments to H.R.1357

Number	Status	Purpose

Bill Status

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Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
March 06, 2007

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All Bill Actions

• Jul 30, 2007: Sponsor introductory remarks on measure. (CR 7/31/2007 H8859)
• Jun 05, 2007: Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
• Mar 06, 2007: Referred to House Education and Labor
• Mar 06, 2007: Referred to House Oversight and Government Reform
• Mar 06, 2007: Referred to House Financial Services
• Mar 06, 2007: Referred to the Committee on Financial Services, and in addition to the Committees on Oversight and Government Reform, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
• Introduced on Mar 06, 2007.

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Related Issue Areas:

• International finance
• American investments
• Armed forces
• Arms control
• 38 more
• Biological warfare
• Business
• Chemical warfare
• Civil service retirement
• Congress
• Congress and foreign policy
• Congressional oversight
• Congressional reporting requirements
• Corporate accountability
• Criminal justice
• Energy
• Energy industries
• Federal employees
• Finance
• Foreign corporations
• Foreign investments
• Foreign policy
• Government employees
• Government information
• Government paperwork
• Government publicity
• Information disclosure (Securities law)
• International affairs
• Investments
• Investors
• Iran
• Law
• Liability (Law)
• Middle East and North Africa
• Mutual funds
• Nuclear nonproliferation
• Nuclear weapons
• Pension funds
• Pensions
• Sanctions (International law)
• State-sponsored terrorism
• Weapons of mass destruction
• Weapons systems

Data from the Congressional Research Service

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Blog Coverage

July 29, 2008 Congress — Failing to Connect History’s Dots?

The House of Representatives on Tuesday is scheduled to vote on a resolution (HR 1357), which recognizes the significance of the 20th anniversary of the signing of the Civil Liberties Act of 1988 by President Reagan and the “greatness ...

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Source: ACLU Blog: Because Freedom Can't Blog...

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June 01, 2008 Somatic Cell Nuclear Transfer (Therapeutic Cloning)

Senator Sam Brownback (R-Kansas) has introduced legislation, S. 658, the Human Cloning Prohibition Act of 2005, which would outlaw both human reproductive and therapeutic cloning. A similar bill, HR 1357, introduced by Representative ...

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Source: Education World

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April 02, 2008 الاستنساخ

Human cloning should not be allowed. Human Cloning Prohibition Act (HR 1357) – Gingrey is a co-sponsor.

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Source: Phil Gingrey

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