HR 957 110th Congress House International Affairs Commerce Commercial blacklisting Energy Export finance Finance and Financial Sector Financial institutions Foreign Trade and International Finance Foreign corporations Insurance companies Iran Liquefied natural gas Middle East and North Africa Petroleum Sanctions (International law) Subsidiary corporations

To amend the Iran Sanctions Act of 1996 to expand and clarify the entities against which sanctions may be imposed.

Introduced: February 8, 2007 See on congress.gov

Everywhere this bill has been 24 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Aug 3, 2007

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Aug 1, 2007

Received in the Senate.

Jul 31, 2007

Motion to reconsider laid on the table Agreed to without objection.

Jul 31, 2007

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 415 - 11 (Roll no. 772). (text: CR H8866)

Jul 31, 2007

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 415 - 11 (Roll no. 772).(text: CR H8866)

Jul 31, 2007

Considered as unfinished business. (consideration: CR H9229)

Jul 30, 2007

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

Jul 30, 2007

DEBATE - The House proceeded with forty minutes of debate on H.R. 957.

Jul 30, 2007

Considered under suspension of the rules. (consideration: CR 7/31/2007 H8866-8868)

Jul 30, 2007

Mr. Faleomavaega moved to suspend the rules and pass the bill, as amended.

Jul 13, 2007

Placed on the Union Calendar, Calendar No. 144.

Jul 13, 2007

Committee on Ways and Means discharged.

Jul 13, 2007

Committee on Financial Services discharged.

Jun 29, 2007

House Committee on Financial Services Granted an extension for further consideration ending not later than July 13, 2007.

Jun 29, 2007

House Committee on Ways and Means Granted an extension for further consideration ending not later than July 13, 2007.

May 22, 2007

House Committee on Ways and Means Granted an extension for further consideration ending not later than June 29, 2007.

May 22, 2007

House Committee on Financial Services Granted an extension for further consideration ending not later than June 29, 2007.

May 22, 2007

Committee on Oversight and Government discharged.

May 22, 2007

Reported (Amended) by the Committee on Foreign Affairs. H. Rept. 110-163, Part I.

Feb 20, 2007

Referred to the Subcommittee on Trade.

Feb 15, 2007

Committee Agreed to Seek Consideration Under Suspension of the Rules, (Amended).

Feb 15, 2007

Committee Consideration and Mark-up Session Held.

Feb 8, 2007

Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Ways and Means, and Oversight and Government Reform, 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.

Feb 8, 2007

Introduced in House

Votes taken on this bill 1

Date	Chamber	What was voted on	Result	Yes–No
Jul 31, 2007	House · vote #772	On Motion to Suspend the Rules and Pass, as Amended	Passed	415–11	See who voted →

Plain-English summary Congressional Research Service

Amends the Iran Sanctions Act of 1996 to redefine: (1) "person" to include financial institutions, insurers, underwriters, guarantors, other business organizations including foreign subsidiaries, and export credit agencies; and (2) "petroleum resources" to include petroleum refining capacity and liquified natural gas.

States that such amendments shall not be construed to require the imposition of sanctions against any natural person or entity that is not specifically described in the definition of "person" (as redefined by this Act).

Subjects a parent company to sanctions for activities of an entity for an act outside the United States which if committed in the United States or by a U.S. person would violate Executive Order No. 12959, Executive Order No. 13059, or any other prohibition on transactions with respect to Iran under the International Emergency Economic Powers Act if the entity was created or availed of in order to engage in such an act.

States that such provision shall not apply to any act carried out under a contract or obligation if: (1) the contract or obligation existed on May 22, 2007, unless such contract or obligation is extended in time or expanded to cover additional activities beyond the terms of the contract or obligation as it existed on May 22, 2007; or (2) the parent company acquired the entity not knowing, and not having reason to know, that such contract or obligation existed, unless such contract or obligation is extended in time or expanded to cover additional activities beyond the terms of such contract or obligation as it existed at the time of acquisition.

Defines "parent company," "United States person," and "entity."

What's happening now August 3, 2007

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committees of jurisdiction 6