S. 1234 · 110th Congress

Stop Business with Terrorists Act of 2007

Stage
In committee
Introduced
2007-04-26
Latest action
2007-04-26 · Introduced in Senate

Summary

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.