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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 [...]

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Latest Actions
  • 07/30/2007 - Sponsor introductory remarks on measure. (CR 7/31/2007 H8859)
  • 06/05/2007 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
  • 03/06/2007 - 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.
  • 03/06/2007 - Referred to House Financial Services
  • 03/06/2007 - Referred to House Oversight and Government Reform

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Bill Text
File name Last Updated
H.R.1357 Introduced in House08/31/2007