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S. 1234

BillFederalSenateIn Committee
Stop Business with Terrorists Act of 2007
About This Bill
Committee
Latest Action · April 26, 2007
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S5214)
Congress
110th (2007–2009)
Introduced
April 26, 2007
Cosponsors (1)
1D 0R
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Summary

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Stop Business with Terrorists Act of 2007 - 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 if the parent company divests or terminates its business with such entity.

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