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S 1065 111th Congress Senate Finance and Financial Sector Arms control and nonproliferation Civil actions and liability Educational facilities and institutions Employee benefits and pensions Financial services and investments Higher education Iran Middle East Nuclear power Nuclear weapons Oil and gas State and local finance U.S. and foreign investments

Iran Sanctions Enabling Act of 2009

Introduced: May 18, 2009 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 18, 2009
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 18, 2009
Introduced in Senate
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 Plain-English summary Congressional Research Service

Iran Sanctions Enabling Act of 2009 - States that 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 that have investments of $20 million or more in Iran's energy sector.

Authorizes a state or local government to adopt and enforce measures to divest its assets from, or prohibit the investment of assets they control in, such persons, including financial institutions which extend them credit to so invest.

Amends the Investment Company Act of 1940 to shield any registered investment company from civil, criminal, or administrative action based upon its divesting from, or avoiding investing in, securities issued by such persons.

Amends the Employee Retirement Income Security Act of 1974 (ERISA) to shield from treatment as breaching a fiduciary duty any person divesting employee benefit plan assets from, or avoiding investing plan assets in, such persons.

What's happening now May 18, 2009

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

 Related & companion bills 1
  • HR 1327 Related bill Iran Sanctions Enabling Act of 2009
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 14
All 14 Democratic 8 Republican 6
D
Durbin, Richard J.
Illinois · Oct 14, 2009
 R
Murkowski, Lisa
Alaska · Oct 13, 2009
 D
Schumer, Charles E.
New York · Oct 6, 2009
 R
Wicker, Roger F.
Mississippi · Sep 23, 2009
 R
Barrasso, John
Wyoming · Aug 6, 2009
 D
Murray, Patty
Washington · Jul 31, 2009
 R
Crapo, Mike
Idaho · Jul 30, 2009
 D
Gillibrand, Kirsten E.
New York · Jul 27, 2009
 D
Wyden, Ron
Oregon · Jul 27, 2009
 D
Cantwell, Maria
Washington · Jul 24, 2009
 D
Klobuchar, Amy
Minnesota · Jul 22, 2009
 R
Risch, James E.
Idaho · Jul 15, 2009
 R
Collins, Susan M.
Maine · Jul 6, 2009
 D
Whitehouse, Sheldon
Rhode Island · Jul 6, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1065: Iran Sanctions Enabling Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-1065/
MLA
"S. 1065: Iran Sanctions Enabling Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-1065/.
Bluebook (legal)
S. 1065, 111th Cong. (2026), https://openamerica.io/bill/111-S-1065/.
Markdown link
[S. 1065: Iran Sanctions Enabling Act of 2009](https://openamerica.io/bill/111-S-1065/)
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