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8/3/2007--Introduced.<br/>Iran Counter-Proliferation Act of 2007 - Amends the Iran Sanctions Act of 1996 to expand the definitions of &quot;petroleum resources&quot; and &quot;person.&quot;<br/>Expresses the sense of Congress concerning: (1) a variety of existing and proposed sanctions against Iran; and (2) mechanisms to assure a supply of nuclear fuel for peaceful means. Subjects Iran to specified economic sanctions unless the President certifies to Congress that Iran has verifiably dismantled all nuclear enrichment-related and reprocessing-related programs. Subjects, with respect to prohibited transactions with Iran, a parent company to penalties for violations committed by certain subsidiaries outside the United States that would be subject to prohibitions if committed inside the United States or by a U.S. person. Amends the Internal Revenue Code to eliminate specified geological and geophysical expense amortization benefits if petroleum-related sanctions are imposed under the Iran Sanctions Act of 1996 on any member of an expanded affiliated group whose common parent is a foreign corporation. Revises the definition of &quot;affiliated group.&quot; Directs the President to reduce annual U.S. contributions to the International Bank for Reconstruction and Development (World Bank) based upon Bank amounts provided to entities and projects in Iran. Authorizes appropriations for the Department of the Treasury's Office of Terrorism and Financial Intelligence.<br/>Requires the Director of National Intelligence to submit to Congress an updated National Intelligence Estimate on Iran.<br/>Authorizes the President to: (1) carry out exchange programs with the people of Iran; and (2) make voluntary grant-based contributions to the International Atomic Energy Agency (IAEA) for the establishment of an international nuclear fuel bank to maintain a reserve of low-enriched uranium in case of a disruption in the supply of reactor fuel by normal market mechanisms. Amends the Securities and Exchange Act of 1945 to require securities issuers to disclose to the Securities and Exchange Commission (SEC) post-January 1, 2007, investments in Iran's energy sector in excess of $20 million.<br/>

1186113600 2007-08-03 Fri Nov 07 00:58:07 -0600 2008 introduced 45878 'act':5 '2007':7 'iran':1 'counter':3 'prolifer':4 'counter-prolifer':2 51863 short introduced 45878 'iran':5,12 'impos':2 'assist':11 'purpos':21 'countri':9 'develop':14 'nuclear':16 'program':17 'sanction':3 49336 official introduced 45878 1186113600 Fri Aug 03 00:00:00 -0500 2007 127323 I000056 1954-01-01 211 Cannon House Office Building http://issa.house.gov/index.cfm?FuseAction=Contact.ContactForm 49 202-225-3303 Darrell 'r':4 'ca':5 '-49':6 'rep':1 'issa':3,8,10 'darrel':2,7,9 M 400196 Issa Darrell_E._Issa Rep. Darrell Issa [R, CA-49] N00007017 7613 Republican 202-225-3906 CA Darrell Issa 6.76923076923077 http://www.issa.house.gov/ introduced 45878 1186113600 Fri Aug 03 00:00:00 -0500 2007 127323 action 45878 1186113600 Fri Aug 03 00:00:00 -0500 2007 127324 Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Ways and Means, Oversight and Government Reform, and Intelligence (Permanent Select), 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. action 45878 1186113600 Fri Aug 03 00:00:00 -0500 2007 127325 Referred to House Foreign Affairs action 45878 1186113600 Fri Aug 03 00:00:00 -0500 2007 127326 Referred to House Financial Services action 45878 1186113600 Fri Aug 03 00:00:00 -0500 2007 127327 Referred to House Ways and Means action 45878 1186113600 Fri Aug 03 00:00:00 -0500 2007 127328 Referred to House Oversight and Government Reform action 45878 1186113600 Fri Aug 03 00:00:00 -0500 2007 127329 Referred to House Intelligence (Permanent Select)