S.2917 Sponsored by John Cornyn
Latest Action: 04/24/2008 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to strengthen sanctions against the Government of Syria, to enhance multilateral commitment to address the Government of Syria's threatening policies, to establish a program to support a transition to a democratically-elected government in Syria, and for other purposes.
Latest Action: 02/27/2008 - Referred to the Committee on Foreign Affairs, and in addition to the Committee on Armed Services, 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

Bill Text
To require the safe, complete, and fully-funded redeployment of United States Armed Forces and contractor security forces from Iraq and to prohibit the establishment of any enduring or permanent United States military bases in Iraq, and for other purposes. 2/27/2008--Introduced. Fully-Funded United States Military Redeployment and Sovereignty of Iraq Restoration Act of 2008 - States that it is the policy of the United States to: (1) commence the safe and orderly redeployment of U.S. troops and military contractors from Iraq; (2) pursue security and stability in Iraq through diplomacy; (3) help preserve the territorial integrity of Iraq and establish a democratic central government there; (4) account for missing U.S. personnel and citizens in Iraq; and (5) turn over all internal security activities and military operations in Iraq to its elected government within one year after the enactment of this Act. Repeals the Authorization for Use of Military Force Against Iraq [...]

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Latest Action: 11/14/2007 - Read twice and referred to the Committee on Foreign Relations.

Bill Text
A bill to reauthorize the programs of the Overseas Private Investment Corporation, and for other purposes. 11/14/2007--Introduced. Overseas Private Investment Corporation Reauthorization Act of 2007 - Amends the Foreign Assistance Act of 1961 to reauthorize the Overseas Private Investment Corporation (OPIC) through September 30, 2011. Revises international worker rights provisions. Requires OPIC to institute a climate change mitigation action plan. Requires, with a specified exception, prior to OPIC approval of a Category A extractive industry project (as defined by this Act) or an extractive industry project in which OPIC assistance would be valued at $10 million or more; (1) prior congressional notification; and (2) investor and host country agreement to implement Extractive Industries Transparency Initiative principles or substantially similar principles, and host country adherence to certain accounting procedures as they relate to such projects. [...]

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Latest Action: 12/31/2007 - Became Public Law No: 110-174.

Bill Text
An original bill to authorize State and local governments to divest assets in companies that conduct business operations in Sudan, to prohibit United States Government contracts with such companies, and for other purposes. 12/31/2007--Public Law.    (There are 3 other summaries) (This measure has not been amended since it was passed by the Senate on December 12, 2007. The summary of that version is repeated here.) Sudan Accountability and Divestment Act of 2007 - (Sec. 2) Defines specified terms. (Sec. 3) Expresses the sense of Congress that the U.S. government should support a state or local government decision to divest from or prohibit the investment of state or local assets in a person determined to pose a financial or reputational risk. Authorizes a state or local government to divest state or local assets or prohibit investment of state or local assets in persons that are conducting or have direct investments in business [...]

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Latest Action: 10/24/2007 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to require the International Trade Commission to report on the specific impact of each free trade agreement in force with respect to the United States on a sector-by-sector basis, and for other purposes.

10/24/2007--Introduced.

Trade Agreement Assessment Act - Directs the International Trade Commission (ITC) to report periodically to Congress on each free trade agreement in force with respect to the United States, including: (1) its effect on the U.S. economy and on specific U.S. industry sectors; (2) a summary of how each country that is party to such agreement has changed its labor and environmental laws; and (3) whether the agreement is making progress in achieving the objectives of the Bipartisan Trade Promotion Authority Act of 2002.

S.2172 Sponsored by John McCain
Latest Action: 10/16/2007 - Sponsor introductory remarks on measure. (CR S12941)

Bill Text
A bill to impose sanctions on officials of the State Peace and Development Council in Burma, to prohibit the importation of gems and hardwoods from Burma, to support democracy in Burma, and for other purposes. 10/16/2007--Introduced. Saffron Revolution Support Act of 2007 - States that it is U.S. policy to: (1) support the democratic aspirations of Burma's people; (2) condemn the repression carried out by the State Peace and Development Council (SPDC); and (3) hold accountable individuals responsible for the repression of peaceful political activity in Burma. Directs the President to submit to the appropriate congressional committees a list of: (1) SPDC officials who play or have played a substantial role in political repression in Burma or in the commission of human rights abuses; and (2) other Burmese SPDC supporters. Subjects persons so identified to U.S. entry prohibition and financial sanctions (blocked property, financial transaction prohibitions, and banking [...]

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H.R.3527 Sponsored by Brad Sherman
Latest Action: 10/04/2007 - Read twice and referred to the Committee on Foreign Relations.

Bill Text
To extend for two months the authorities of the Overseas Private Investment Corporation.

9/17/2007--Passed House without amendment.    (There is 1 other summary)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Amends the Foreign Assistance Act of 1961 to extend for two months, from September 30 to November 30, 2007, the authorities of the Overseas Private Investment Corporation (OPIC).

Latest Action: 08/03/2007 - 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

Bill Text
To impose sanctions on Iran and on other countries for assisting Iran in developing a nuclear program, and for other purposes. 8/3/2007--Introduced. Iran Counter-Proliferation Act of 2007 - Amends the Iran Sanctions Act of 1996 to expand the definitions of "petroleum resources" and "person."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 [...]

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H.R.3220 Sponsored by Nancy Pelosi
Latest Action: 09/19/2007 - Referred to the Subcommittee on Higher Education, Lifelong Learning, and Competitiveness.

Bill Text
Moving the United States toward greater energy independence and security, developing innovative new technologies, reducing carbon emissions, creating green jobs, protecting consumers, increasing clean renewable energy production, and modernizing our energy infrastructure. 7/30/2007--Introduced. New Direction for Energy Independence, National Security, and Consumer Protection Act - Incorporates various legislative initiatives for energy conservation, independence, and security.Green Jobs Act of 2007 - Amends the Workforce Investment Act of 1998 to direct the Secretary of Labor to: (1) establish an energy efficiency and renewable energy worker training program; (2) collect and analyze labor market data to track workforce trends resulting from energy-related initiatives under this Act; and (3) award National Energy Training Partnerships Grants to community based nonprofit organizations to carry out training programs that lead to economic self-sufficiency and develop an [...]

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H.R.3221 Sponsored by Nancy Pelosi
Latest Action: 05/08/2008 - Mr. Frank (MA) moved that the House agree with amendments to the Senate amendments. (consideration: CR H3204-3308; text as House agreed to Senate amendments with amendments: CR H3219-3282)

Bill Text
A bill to provide needed housing reform and for other purposes. 4/10/2008--Passed Senate amended.    (There are 2 other summaries) Foreclosure Prevention Act of 2008 - Title I: FHA Modernization Act of 2008 - FHA Modernization Act of 2008 - Subtitle A: Building American Homeownership - Building American Homeownership Act of 2008 - (Sec. 112) Amends the National Housing Act (NHA) to revise mortgage insurance eligibility requirements. Alters the respective formulas to increase the percentages of the maximum principal loan obligations applicable to family residences located in: (1) the United States; and (2) Alaska, Guam, Hawaii, or the Virgin Islands. Prohibits the maximum principal loan obligation from exceeding 100% of the appraised value of the property. (Sec. 113) Increases from 3% to 3.5% of the appraised value of a property the mortgagor's required cash (or equivalent) investment (downpayment). Prohibits any funds for such [...]

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Latest Action: 09/19/2007 - Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Bill Text
To promote freedom and democracy in Vietnam. 9/18/2007--Passed House amended.    (There is 1 other summary) Vietnam Human Rights Act of 2007 - Title I: Prohibition on Nonhumanitarian Assistance to the Government of Vietnam - (Sec. 101) Prohibits U.S. nonhumanitarian assistance to the government of Vietnam for FY2008 in excess of FY2007 levels unless the President certifies to Congress that the government of Vietnam has made substantial progress respecting: (1) the release of political and religious prisoners; (2) the right of religious freedom, including the return of church properties; (3) the rights of ethnic minorities; and (4) access to U.S. refugee programs by Vietnamese nationals. Prohibits U.S. nonhumanitarian assistance to the government of Vietnam for subsequent fiscal years in excess of FY2007 levels unless the President certifies to Congress that in addition to such requirements: (1) no government of Vietnam official, agency, or [...]

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H.RES.560 Sponsored by Joe Barton
Latest Action: 07/19/2007 - Referred to the House Committee on Foreign Affairs.

Bill Text
Regarding the recent actions of Hugo Chavez and the Government of Venezuela.

7/19/2007--Introduced.

Expresses outrage over Hugo Chavez's recent actions respecting control of energy companies operating in Venezuela.

Encourages the protection of investment and respect for the sanctity of property rights.

Recognizes the hard work and contributions of American workers, engineers, and scientists abroad, without whom, projects in Venezuela would not exist.

Urges: (1) American companies to stand up for their shareholders' property rights; and (2) the U.S. government to continue providing a model of public-private cooperation to the world in delivering on the energy needs of its citizens.

H.RES.552 Sponsored by Jim Marshall
Latest Action: 09/05/2007 - Considered as unfinished business. (consideration: CR H10111)

Bill Text
Calling on the Government of the People's Republic of China to remove barriers to United States financial services firms doing business in China. 9/5/2007--Passed House without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) Declares the sense of the House of Representatives that: (1) the government of the People's Republic of China should immediately implement all of its World Trade Organization (WTO) commitments to date in financial services; and (2) it should immediately implement all of its commitments to date made under the auspices of the Strategic Economic Dialogue (SED) initiated by the Secretary of the Treasury. States that U.S. goals for the next SED meeting should be to achieve Chinese commitments toward: (1) removal of all foreign investment ownership caps on banking, life insurance, asset management, and securities; and [...]

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H.R.2942 Sponsored by Tim Ryan
Latest Action: 06/28/2007 - Referred to the Committee on Ways and Means, and in addition to the Committees on Financial Services, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the juri

Bill Text
To provide for identification of misaligned currency, require action to correct the misalignment, and for other purposes. 6/28/2007--Introduced. Currency Reform for Fair Trade Act of 2007 - Amends the Tariff Act of 1930 to expand the authority of the administering authority or the International Trade Commission (ITC) to impose countervailing duties on products from a nonmarket economy country that have been provided a countervailable subsidy. Requires, when measuring subsidy benefits, the use of benchmarks outside of a nonmarket economy country when benchmarks in such a country are not available or are inappropriate. Includes fundamental and actionable misalignment of a currency (undervaluation of a foreign currency) by a foreign country as a countervailable subsidy. Directs the Secretary of the Treasury (Secretary) to: (1) report annually to Congress on international monetary policy and currency exchange rates (including fundamentally misaligned currencies);[...]

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Latest Action: 08/01/2007 - Committee on Banking, Housing, and Urban Affairs. Date of scheduled consideration. SD-538. 9:30 a.m.

Bill Text
A bill to amend the Exchange Rates and International Economic Coordination Act of 1988 and for other purposes. 6/21/2007--Introduced. Currency Reform and Financial Markets Access Act of 2007 - Amends the Exchange Rates and International Economic Policy Coordination Act of 1988 to revise U.S. policy provisions by urging: (1) the United States, and other major industrialized countries, to work together to ensure that the exchange rate of the currencies of major trading nations and the U.S. dollar reflect market forces and contribute to the growth and balance of the international economy; and (2) the United States to take appropriate action to ensure that U.S. trading partners are not engaged in hidden or unfair subsidies through management of their currency or international exchange rates. Revises a certain annual analysis the Secretary of the Treasury (Secretary) must make with respect to the exchange rate policies of foreign countries to include an analysis of whether [...]

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H.R.2798 Sponsored by Brad Sherman
Latest Action: 03/04/2008 - Committee on Foreign Relations. Reported by Senator Biden with an amendment in the nature of a substitute. With written report No. 110-273.

Bill Text
To reauthorize the programs of the Overseas Private Investment Corporation, and for other purposes. 7/23/2007--Passed House amended.    (There are 2 other summaries) (This measure has not been amended since it was reported to the House on July 19, 2007. The summary of that version is repeated here.) Overseas Private Investment Corporation Reauthorization Act of 2007 - (Sec. 3) Amends the Foreign Assistance Act of 1961 to extend Overseas Private Investment Corporation (OPIC) authority to make loans and issue investment insurance and investment guarantees through September 30, 2011. (Sec. 4) Requires that OPIC give preferential consideration to investment projects in less developed countries whose governments are receptive to private enterprise. (Sec. 5) Requires that OPIC: (1) support projects only in countries which have made or are making significant progress towards implementation of laws that substantially provide international [...]

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H.RES.503 Sponsored by Brian Baird
Latest Action: 06/20/2007 - Referred to the House Committee on Foreign Affairs.

Bill Text
Commending the Middle East Investment Initiative.

6/20/2007--Introduced.

Commends the Middle East Investment Initiative (MEII) and its contributors for their vision and initiative.

Expresses the House of Representatives' belief that improved economic activity can help bring about regional stability and peace.

Encourages the participation and contributions of individuals, institutions, and foreign governments in supporting the MEII.

Pledges support for the MEII and other efforts to stimulate the economy of the Palestinian people.

S.1563 Sponsored by Richard Durbin
Latest Action: 06/07/2007 - Sponsor introductory remarks on measure. (CR S7337-7338)

Bill Text
A bill to require the disclosure of certain activities relating to the petroleum industry of Sudan, to increase the penalties for violations of sanctions provisions, and for other purposes. 6/7/2007--Introduced. Sudan Disclosure and Enforcement Act of 2007 - Expresses the sense of Congress that the President should bring before the U.N. Security Council a resolution requiring multilateral sanctions against the government of Sudan in response to its acts of genocide against the people of Darfur and its continued refusal to allow the implementation of a peacekeeping force. Amends the Securities Exchange Act of 1934 to require specified securities issuers who are involved in the petroleum industry in Sudan to disclose to the Securities and Exchange Commission (SEC): (1) such activities if they result in annual gross receipts of $1 million or more; and (2) the geographic area within Sudan where such activities occurred, and specifically if such activities took place solely [...]

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Latest Action: 05/24/2007 - Referred to the House Committee on Financial Services.

Bill Text
Regarding the endoresement of U.S. citizens' claims for payment by Chinese Government of defaulted Chinese bonds.

5/24/2007--Introduced.

Recommends that the People's Republic of China (PRC) be denied access to all U.S. capital markets until the PRC complies with the terms and conditions of the World Trade Organization (WTO) Agreement and fully honors repayment of its outstanding defaulted public debts owed to U.S. citizens consistent with the efforts of the American Bondholders Foundation.

H.R.2420 Sponsored by Tom Lantos
Latest Action: 06/28/2007 - Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 110-215.

Bill Text
To declare United States policy on international climate cooperation, to authorize assistance to promote clean and efficient energy technologies in foreign countries, and to establish the International Clean Energy Foundation. 6/28/2007--Reported to House amended.    (There is 1 other summary) International Climate Cooperation Re-engagement Act of 2007 - Title I: United States Policy on Global Climate Change - (Sec. 103) Establishes within the Department of State an Office on Global Climate Change, which shall be headed by the Ambassador-at-Large for Global Climate Change. States that the primary responsibility of the Ambassador-at-Large shall be to advance U.S. goals with respect to reducing global greenhouse gas emissions and addressing global climate change. Authorizes the Ambassador-at-Large to represent the United States in diplomatic contacts relating to global climate change. Title II: Assistance to Promote Clean and Efficient [...]

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H.R.2446 Sponsored by Tom Lantos
Latest Action: 07/17/2007 - Star Print ordered on the bill.

Bill Text
To reauthorize the Afghanistan Freedom Support Act of 2002, and for other purposes. 6/6/2007--Passed House amended.    (There are 2 other summaries) Afghanistan Freedom and Security Support Act of 2007 - Title I: Economic and Democratic Development Assistance for Afghanistan - (Sec. 103) Amends the Afghanistan Freedom Support Act of 2002 to provide for assistance with respect to: (1) continuing humanitarian needs; (2) a pilot program of crop substitution for poppy production; (3) agriculture, health, and infrastructure reconstruction; (4) education and anti-corruption, including implementation of the Afghan action plan on transitional justice; (5) assistance to women and girls; (6) energy development and short-term energy supply; and (7) capacity building. Authorizes additional FY2008-FY2010 appropriations for: (1) contributions to the United Nations Drug Control Program; and (2) the crop substitution program. Directs the President [...]

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S.1430 Sponsored by Barack Obama
Latest Action: 07/26/2007 - Sponsor introductory remarks on measure. (CR S10141-10142)

Bill Text
A bill to authorize State and local governments to direct divestiture from, and prevent investment in, companies with investments of $20,000,000 or more in Iran's energy sector, and for other purposes. 5/17/2007--Introduced. Iran Sanctions Enabling Act of 2007 - Directs the Secretary of the Treasury to: (1) publish biannually in the Federal Register a list of each person, whether within or outside of the United States, that has an investment of more than $20 million in the energy sector in Iran; and (2) maintain on the website of the Department of the Treasury the names of the persons on such list. States it is the policy of the United States to support the decision of state and local governments and educational institutions to divest from, and to prohibit the investment of assets they control in, persons included on the most recent list. Authorizes a state or local government to adopt and enforce measures to divest its assets from, or prohibit investment of [...]

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H.R.2347 Sponsored by Barney Frank
Latest Action: 08/03/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
A bill to authorize State and local governments to direct divestiture from, and prevent investment in, companies with investments of $20,000,000 or more in Iran's energy sector, companies that sell arms to the Government of Iran, and financial institutions that extend $20,000,000 or more in credit to the Government of Iran for 45 days or more, and for other purposes. 7/31/2007--Passed House amended.    (There are 2 other summaries) Iran Sanctions Enabling Act of 2007 - (Sec. 3) Directs the President to ensure biannual publication in the Federal Register of a list of each person that: (1) has an investment of more than $20 million in the energy sector in Iran; (2) sells arms to the government of Iran; or (3) is a financial institution that extends $20 million or more in credit for 45 days or more to the government of Iran.Instructs the President to use only publicly available (including proprietary) information when compiling such list.Requires [...]

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Latest Action: 05/18/2007 - Referred to the Subcommittee on Trade.

Bill Text
To strengthen sanctions against the Government of Syria, to enhance multilateral commitment to address the Government of Syria's threatening policies, to establish a program to support a transition to a democratically-elected government in Syria, and for other purposes. 5/15/2007--Introduced. Syria Accountability and Liberation Act - States that U.S. sanctions, controls, and regulations relating to Syria shall remain in effect until the President certifies that Syria has ceased support for terrorism, has dismantled biological, chemical, or nuclear weapons programs and has committed to combat their proliferation, respects the boundaries and sovereignty of all neighboring countries, and upholds human rights and civil liberties. Imposes specified trade, assistance, and military sanctions, as appropriate, on persons or countries that transfer goods or technology so as to contribute to Syria's biological, chemical, nuclear, or advanced conventional weapons programs. [...]

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Latest Action: 05/09/2007 - Referred to the House Committee on Foreign Affairs.

Bill Text
To encourage and facilitate the consolidation of security, human rights, democracy, and economic freedom in Ethiopia. 5/9/2007--Introduced. Ethiopia Freedom, Democracy, and Human Rights Advancement Act of 2007 - States that is U.S. policy to: (1) support human rights, democracy, independence of the judiciary, freedom of the press, peacekeeping capacity building, and economic development in the Federal Democratic Republic of Ethiopia; (2) collaborate with Ethiopia in the Global War on Terror; (3) seek the release of all political prisoners and prisoners of conscience in Ethiopia; (4) foster stability, democracy, and economic development in the region; and (5) strengthen U.S.-Ethiopian relations. Directs the Secretary of State to take specified actions to support human rights and democratization in Ethiopia. Prohibits until the President makes specified congressional certifications: (1) security assistance to Ethiopia, with exceptions for peacekeeping or counter-terrorism [...]

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Latest Action: 04/26/2007 - Sponsor introductory remarks on measure. (CR S5214)

Bill Text
A bill to strengthen the liability of parent companies for violations of sanctions by foreign entities, and for other purposes.

4/26/2007--Introduced.

Stop Business with Terrorists Act of 2007 - Subjects the parent company of a foreign entity that violates certain executive orders prohibiting certain business transactions with Iran (or other such prohibitions imposed on Iran under the authority of the International Emergency Economic Powers Act) to penalties to the same extent as if the parent company had engaged in such violations. Provides that such prohibitions and penalties shall not apply if the parent company divests or terminates its business with such entity.

H.RES.336 Sponsored by Marcy Kaptur
Latest Action: 04/25/2007 - Referred to the Subcommittee on Trade.

Bill Text
Expressing the sense of the United States House of Representatives that the United States should adhere to moral and ethical principles of economic justice and fairness in developing and advancing United States international trade treaties, agreements, and investment policies.

4/24/2007--Introduced.

Declares that the House of Representatives will adhere to specified international trade and investment principles in evaluating, approving, and advancing all U.S. trade and investment treaties, agreements, and policies.

Latest Action: 06/08/2007 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Bill Text
To prevent public financing of oil or gas field development projects, surveying or extraction activities, processing facilities, pipelines, or terminals, or other oil and gas production or distribution operations or facilities, and for other purposes. 4/17/2007--Introduced. Amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank of the United States from guaranteeing, insuring, or extending credit: (1) in connection with an oil or gas project; or (2) to any entity that may use the guarantee, insurance, or credit to finance such a project. Amends the Foreign Assistance Act of 1961 to prohibit the Overseas Private Investment Corporation from issuing any contract of insurance or reinsurance or any guarantee, or entering into any financing agreement for an oil or gas project, or to taking such actions respecting any person who will insure or finance such project. Amends the International Financial Institutions Act to direct the Secretary of [...]

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S.965 Sponsored by Robert C. Byrd
Latest Action: 03/22/2007 - Committee on Appropriations. Original measure reported to Senate by Senator Byrd. With written report No. 110-37.

Bill Text
An original bill making emergency supplemental appropriations for the fiscal year ending September 30, 2007, and for other purposes. 3/22/2007--Reported to Senate without amendment.    (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007 - Title I: Global War on Terror Supplemental Appropriations - Chapter 1: Department of Agriculture - Makes emergency supplemental FY2007 appropriations for specified activities related to the global war on terror to the Department of Agriculture (including food relief to certain foreign countries). (Sec. 1101) Makes specified appropriations to reimburse the Commodity Credit Corporation for the release of eligible commodities for emergency humanitarian food needs in developing countries [...]

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S.970 Sponsored by Gordon H. Smith
Latest Action: 04/08/2008 - Committee on Finance. Hearings held.

Bill Text
A bill to impose sanctions on Iran and on other countries for assisting Iran in developing a nuclear program, and for other purposes. 3/22/2007--Introduced. Iran Counter-Proliferation Act of 2007 - Amends the Iran Sanctions Act of 1996 to expand the definitions of "petroleum resources" and "person."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 Russia to specified nuclear energy cooperation prohibitions unless the President certifies to Congress that: (1) Russia has suspended all nuclear assistance and transfers of advanced conventional weapons and missiles to Iran; or (2) Iran has verifiably dismantled all nuclear enrichment-related and reprocessing-related programs. Subjects Iran to specified economic sanctions unless the President certifies to Congress that Iran has verifiably dismantled all nuclear enrichment-related [...]

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S.940 Sponsored by Max Baucus
Latest Action: 03/20/2007 - Sponsor introductory remarks on measure. (CR S3391)

Bill Text
A bill to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income.

3/20/2007--Introduced.

Amends the Internal Revenue Code, with respect to taxation of U.S. shareholders of controlled foreign corporations, to permanently extend the subpart F exemption (which excludes such income from the shareholder's foreign personal holding company income) for active financing (insurance, banking, financing, or similar businesses) income earned on business operations overseas.

Latest Action: 03/13/2007 - Sponsor introductory remarks on measure. (CR E530)

Bill Text
To amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income.

3/13/2007--Introduced.

Amends the Internal Revenue Code, with respect to taxation of U.S. shareholders of controlled foreign corporations, to permanently extend the subpart F exemption (which excludes such income from the shareholder's foreign personal holding company income) for active financing (insurance, banking, financing, or similar businesses) income earned on business operations overseas.

H.R.1400 Sponsored by Tom Lantos
Latest Action: 09/26/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
To enhance United States diplomatic efforts with respect to Iran by imposing additional economic sanctions against Iran, and for other purposes. 9/25/2007--Passed House amended.    (There are 2 other summaries) Iran Counter-Proliferation Act of 2007 - Title I: Support for Diplomatic Efforts Relating to Preventing Iran from Acquiring Nuclear Weapons - (Sec. 101) Expresses the sense of Congress that: (1) the United States should use diplomatic and economic means to resolve the Iranian nuclear problem; (2) the United States should continue to support efforts in the International Atomic Energy Agency (IAEA) and the U.N. Security Council to end Iran's uranium enrichment and nuclear weapons programs; (3) Security Council Resolution 1737 was a useful first step toward pressing Iran to end its nuclear weapons program; and (4) in light of Iran's continued defiance of the international community the Security Council should adopt additional measures against [...]

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S.831 Sponsored by Richard Durbin
Latest Action: 10/03/2007 - Committee on Banking, Housing, and Urban Affairs. Hearings held.

Bill Text
A bill to authorize States and local governments to prohibit the investment of State assets in any company that has a qualifying business relationship with Sudan. 3/8/2007--Introduced. Sudan Divestment Authorization Act of 2007 - Declares the sense of Congress that states and other governmental entities should be permitted to provide for the divestment of certain state assets within their jurisdictions as an expression of opposition to the genocidal actions and policies of the Government of Sudan. Authorizes any state to adopt measures to prohibit any investment of state assets in the Government of Sudan, or in any company with a qualifying business relationship with Sudan, during any period in which the Government of Sudan, or the officials of such government are subject to sanctions authorized under the Sudan Peace Act, the Comprehensive Peace in Sudan Act of 2004, the USA PATRIOT Improvement and Reauthorization Act of 2005, the Darfur Peace and Accountability Act [...]

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Latest Action: 07/30/2007 - Sponsor introductory remarks on measure. (CR 7/31/2007 H8859)

Bill Text
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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S.652 Sponsored by Gordon H. Smith
Latest Action: 02/15/2007 - Read twice and referred to the Committee on Finance.

Bill Text
A bill to extend certain trade preferences to certain least-developed countries, and for other purposes. 2/15/2007--Introduced. Tariff Relief Assistance for Developing Economies Act of 2007 or TRADE Act of 2007 - Authorizes the President to designate Afghanistan, Bangladesh, Bhutan, Cambodia, Kiribati, Lao People's Democratic Republic, Maldives, Nepal, Samoa, Solomon Islands, Timor-Leste (East Timor), Tuvalu, Vanuatu, Yemen, and Sri Lanka or their successor political entities (TRADE Act of 2007 countries) as beneficiary TRADE Act of 2007 countries eligible to receive duty-free treatment for certain articles that are the growth, product, or manufacture of such countries, if after receiving the advice of the International Trade Commission (ITC) the President determines that such articles are not import-sensitive in the context of imports from such countries. Conditions such designation upon eligibility requirements of the African Growth and Opportunity Act (AGOA) and the Trade [...]

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Latest Action: 02/12/2007 - Referred to the Committee on Foreign Relations. (text of measure as introduced: CR S1868)

Bill Text
A resolution expressing support for the Transitional Federal Government of the Somali Republic.

2/12/2007--Introduced.

Expresses the sense of the Senate: (1) supporting the Transitional Federal Government (TFG) of the Somali Republic; (2) recognizing Ethiopia, particularly Prime Minister Meles, and Kenya for their efforts toward pursuing peace in Somalia and support for the United States in the War on Terror; (3) that the United States should support multi-party talks to establish a national unity government in Somalia; (4) that U.S. assistance will better equip the TFG to face the challenges of restoring peace; (5) that the United States should promote foreign investment in Somalia; and (6) that the United States should aid the TFG to locate and free Somali-owned financial assets throughout the world, solicit support from other friendly countries, and encourage nongovernmental organizations to commit more resources to Somalia.

Latest Action: 02/08/2007 - Read twice and referred to the Committee on Foreign Relations.

Bill Text
A bill to make amendments to the Iran, North Korea, and Syria Nonproliferation Act. 2/8/2007--Introduced. Iran, North Korea, and Syria Nonproliferation Enforcement Act of 2007 - Amends the Iran and Syria Nonproliferation Act respecting the imposition of sanctions under such Act to: (1) apply sanctions for a minimum two-year period; (2) apply sanctions to an identified foreign person, a successor or subsidiary, and an entity controlling more than 50% of such foreign person, successor, or subsidiary (currently, such provision applies only to a foreign person); (3) include among applicable sanctions under Executive Order 12938 certain exemptions for military, medical, or humanitarian purposes; (4) establish investment, financing, and financial assistance prohibitions; and (5) require publication of sanctions applicable to such expanded entities in the Federal Register. Authorizes the President to waive, with congressional notification, the imposition of any sanction for [...]

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Latest Action: 02/05/2007 - Sponsor introductory remarks on measure. (CR S1579-1580)

Bill Text
A resolution expressing support for the Transitional Federal Government of the Somali Republic.

2/5/2007--Introduced.

Expresses the sense of the Senate: (1) supporting the Transitional Federal Government (TFG) of the Somali Republic; (2) recognizing Ethiopia, particularly Prime Minister Meles, and Kenya for their efforts toward pursuing peace in Somalia and support for the United States in the War on Terror; (3) that the United States should support multi-party talks to establish a national unity government in Somalia; (4) that U.S. assistance will better equip the TFG to face the challenges of restoring peace; (5) that the United States should promote foreign investment in Somalia; and (6) that the United States should aid the TFG to locate and free Somali-owned financial assets throughout the world, solicit support from other friendly countries, and encourage nongovernmental organizations to commit more resources to Somalia.

Latest Action: 04/12/2007 - Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

Bill Text
To lift the trade embargo on Cuba, and for other purposes. 1/22/2007--Introduced. Free Trade With Cuba Act - Amends the Foreign Assistance Act of 1961 to repeal the embargo on trade with Cuba. Prohibits the exercise by the President with respect to Cuba of certain authorities conferred by the Trading With the Enemy Act and exercised on July 1, 1977, as a result of a specified national emergency. Declares that any prohibition on exports to Cuba under the Export Administration Act of 1979 shall cease to be effective. Authorizes the President to impose export controls with respect to Cuba and exercise certain authorities under the International Emergency Economic Powers Act only on account of an unusual and extraordinary threat to U.S. national security that did not exist before enactment of this Act. Repeals: (1) the Cuban Democracy Act of 1992; (2) the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996; (3) the prohibition under the Food Security Act of 1985 [...]

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H.RES.55 Sponsored by Barbara Lee
Latest Action: 04/17/2007 - Referred to the Subcommittee on International Organizations, Human Rights, and Oversight.

Bill Text
Expressing the sense of the House of Representatives regarding modern-day slavery.

1/11/2007--Introduced.

Expresses the sense of the House of Representatives that: (1) the abolition of modern-day slavery should be a high priority of U.S. foreign and domestic policy and the United States should assume a leadership role in a global campaign to eliminate all forms of modern-day slavery by 2017; (2) U.S. trade, aid, and investment policies of should reflect and advance the U.S. commitment to freedom for all people; (3) the United States should expand protection and legal options for victims of modern-day slavery; (4) the United States should bring together governments, international organizations, nongovernmental organizations, and individuals to form a comprehensive coalition and forge a sustained global action plan to fight modern-day slavery; and (5) the abolition of modern-day slavery should be prioritized at the 2007 Group of 8 (G-8) Summit in Germany.

H.R.180 Sponsored by Barbara Lee
Latest Action: 08/03/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Bill Text
To require the identification of companies that conduct business operations in Sudan, to prohibit United States Government contracts with such companies, and for other purposes. 7/31/2007--Passed House amended.    (There is 1 other summary) Darfur Accountability and Divestment Act of 2007 - (Sec. 3) Directs the Secretary of the Treasury to ensure the publication every six months in the Federal Register of a list of all persons (as defined by this Act) who have a direct investment in or are conducting business operations in Sudan's power production, mineral extraction, oil-related, or military equipment industries. Sets forth excluded business operations, including operations with: (1) the regional government of southern Sudan; (2) maginalized populations of Sudan; and (3) peacekeeping or humanitarian organizations. (Sec. 4) States that it is U.S. policy to support state and local efforts to divest funds from, or restrict investments in, companies [...]

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