International finance Legislation - Federal Government

Expresses the sense of Congress that the United States should: (1) support a political settlement among Iraq's major factions based upon the provisions of the Constitution of Iraq that create a federal system of government and allow for the creation of federal regions; and (2) urge the government of Iraq to implement a law providing for the equitable distribution of oil revenues, which is a critical component of a comprehensive political settlement based upon federalism.

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.

Expresses the sense of the Senate that: (1) the United States should support the independence of Kosovo in accordance with its currently constituted borders; (2) the government of Kosovo should develop a cooperative relationship with the government of Serbia in recognition of its legitimate interests in the safety of the Serb population in Kosovo and in the protection and preservation of the patrimonial sites of the Serbian Orthodox Church in Kosovo; and (3) the government of Serbia should seize the opportunity presented by Kosovo's independence to focus its energies toward achieving a peaceful future through regional cooperation and integration into Euro-Atlantic institutions and toward the establishment of constructive relations with the government of Kosovo.

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.

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

Authorizes the Chairman and Ranking Minority Member of the Permanent Subcommittee on Investigations of the Committee on Homeland Security and Governmental Affairs, acting jointly, to provide to law enforcement officials, regulatory agencies, and other entities or individuals duly authorized by federal, state, or foreign governments, records of the Subcommittee's investigation into tax haven financial institutions, their formation and administration of offshore entities and accounts for use by U.S. clients, and the impact of those activities on tax compliance in the United States.