H.R. 6710 · 110th Congress
Oil for Iraq Liberation Act of 2008
- Stage
- In committee
- Sponsor
- Dennis Kucinich
- Introduced
- 2008-07-31
- Latest action
- 2008-07-31 · Introduced in House
Summary
Oil for Iraq Liberation Act of 2008 - Prohibits: (1) the entry into or the performance by a U.S. person or an entity owned or controlled by such person of a contract that includes overall management responsibility for petroleum development in Iraq, a contract for financing petroleum development in Iraq, or the guaranty of another person's performance under either such contract; (2) any investment by such person in Iraq's petroleum resources; and (3) any transaction by such person that evades or violates such prohibitions.
Sets forth penalties for violation of such prohibitions.
Defines specified terms.