H.R. 6361 · 110th Congress
Stop Business with Terrorists Act of 2008
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Stop Business with Terrorists Act of 2008 - 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…
What it does: CRS summary · Introduced in House · Jun 24, 2008
Stop Business with Terrorists Act of 2008 - 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 to a parent company of an entity on which the President imposed a penalty for a violation that was in effect on the date of the enactment of this Act if the parent company divests or terminates its business with such entity not later than 90 days after such date of enactment.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Stop Business with Terrorists Act of 2008
Latest action (Jun 24, 2008): Referred to the House Committee on Foreign Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 24, 2008
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.