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To amend the Iran Sanctions Act of 1996 to expand and clarify the entities against which sanctions may be imposed. 7/31/2007--Passed House amended.    (There are 2 other summaries) Amends the Iran Sanctions Act of 1996 to redefine: (1) "person" to include financial institutions, insurers, underwriters, guarantors, other business organizations including foreign subsidiaries, and export credit agencies; and (2) "petroleum resources" to include petroleum refining capacity and liquified natural gas. States that such amendments shall not be construed to require the imposition of sanctions against any natural person or entity that is not specifically described in the definition of "person" (as redefined by this Act). Subjects a parent company to sanctions for activities of an entity for an act outside the United States which if committed in the United States or by a U.S. person would violate Executive Order No. 12959,[...]

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Latest Actions
  • 08/03/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 08/01/2007 - Received in the Senate.
  • 07/31/2007 - Considered as unfinished business. (consideration: CR H9229)
  • 07/31/2007 - On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 415 - 11 (Roll no. 772). (text: CR H8866)
  • 07/31/2007 - Motion to reconsider laid on the table Agreed to without objection.

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Bill Text
File name Last Updated
H.R.957 Referred to Senate Committee after being Received from House08/31/2007
H.R.957 Engrossed as Agreed to or Passed by House08/31/2007
H.R.957 Reported in House08/31/2007
H.R.957 Introduced in House08/31/2007