S. 2531 · 114th Congress
Combating BDS Act of 2016
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
KirkSponsor45 cosponsors · 15 D, 30 R
D
Manchin
KA
R
Ayotte
RB
D
Blumenthal
OH
R
Hatch
RW
D
Wyden
BM
D
Menendez
MR
R
Rubio
JB
R
Boozman
BC
D
Cardin
JC
R
Cornyn
TC
R
Cruz
DH
R
Heller
JM
R
Moran
RP
R
Portman
PR
R
Roberts
MB
D
Bennet
BN
D
Nelson
CS
D
Schumer
JR
R
Risch
CG
R
Grassley
TT
R
Tillis
MC
R
Crapo
ML
R
Lee
LM
R
Murkowski
DV
R
Vitter
BB
D
Boxer
EM
D
Markey
JE
R
Ernst
GP
D
Peters
BC
D
Casey
RB
R
Burr
DC
R
Coats
SC
R
Collins
JL
R
Lankford
SC
R
Capito
CM
D
Murphy
TS
R
Scott
RB
R
Blunt
BS
R
Sasse
JD
D
Donnelly
DS
D
Stabenow
MM
R
McConnell
TC
R
Cotton
CG
R
Gardner
RW
R
Wicker1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill authorizes a state or local government to adopt and enforce measures to divest its assets from, or prohibit investment of its assets in: (1) an entity that such government determines, using credible information available to the public, engages in a commerce or investment-related boycott, divestment, or sanctions activity targeting Israel; or (2)…
What it does: CRS summary · Introduced in Senate · Feb 10, 2016
Combating BDS Act of 2016
This bill authorizes a state or local government to adopt and enforce measures to divest its assets from, or prohibit investment of its assets in: (1) an entity that such government determines, using credible information available to the public, engages in a commerce or investment-related boycott, divestment, or sanctions activity targeting Israel; or (2) an entity that owns or controls, is owned or controlled by, or is under common ownership or control with, such an entity. Such government shall provide written notice to such an entity before applying such a measure.
Such a measure by a state or local government is not preempted by any federal law. The bill applies to any measure adopted by a state or local government before, on, or after the date of this Act's enactment.
The bill amends the Investment Company Act of 1940 to prohibit any person from bringing any civil, criminal, or administrative action against any registered investment company, or any officer or employee thereof, based solely upon such company divesting from, or avoiding investing in, securities issued by persons that such company determines, using credible information available to the public, engage in any commerce or investment-related boycotts, divestments, or sanctions activities targeting Israel.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Combating BDS Act of 2016
Latest action (Feb 10, 2016): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Feb 10, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.