US HB825 | 2015-2016 | 114th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 63-10)
Status: Introduced on February 10 2015 - 25% progression, died in committee
Action: 2015-03-17 - Referred to the Subcommittee on the Constitution and Civil Justice.
Pending: House Subcommittee on the Constitution And Civil Justice Committee
Text: Latest bill text (Introduced) [PDF]

Summary

United States-Israel Trade and Commercial Enhancement Act This bill states that among the principal U.S. trade negotiating objectives for trade agreements with foreign countries regarding commercial partnerships are to: discourage actions by potential trading partners that discourage commercial activity solely between the United States and Israel; discourage politically motivated actions to boycott, divest from, or sanction Israel and to seek the elimination of politically motivated non-tariff barriers on Israeli commerce; and seek the elimination of state-sponsored unsanctioned foreign boycotts against Israel or compliance with the Arab League Boycott of Israel. The President is directed to report annually to Congress on politically motivated acts of boycott, divestment from, and sanctions against Israel. The Securities Exchange Act of 1934 is amended to require a foreign issuer traded on the U.S. stock market to disclose in its quarterly or annual report: whether the issuer has discriminated against doing business with Israel in the last calendar year; whether the issuer has been advised by a foreign government or a non-member state of the United Nations (U.N.) to discriminate against doing business with Israel, entities owned or controlled by Israel, or entities operating in Israel or Israeli-controlled territory; and any instances where the issuer has learned that a person, foreign government, or a non-member state of the U.N. is boycotting the issuer, divesting itself of an ownership interest in the issuer, or placing sanctions on the issuer because of the issuer's relationship with Israel. No U.S. court may recognize or enforce any judgment by a foreign court against a U.S. person carrying out business operations in Israel or in any territory controlled by Israel, and on which is based a determination by the foreign court that the location in Israel, or in any territory controlled by Israel, of the facilities at which the business operations are carried out is sufficient to constitute a violation of law.

Tracking Information

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Title

United States-Israel Trade and Commercial Enhancement Act

Sponsors

Rep. Peter Roskam [R-IL]Rep. Juan Vargas [D-CA]Rep. Steve Stivers [R-OH]Rep. Lee Zeldin [R-NY]
Rep. Paul Cook [R-CA]Rep. Blake Farenthold [R-TX]Rep. Randy Weber [R-TX]Rep. David Schweikert [R-AZ]
Rep. Mark Meadows [R-NC]Rep. Bob Gibbs [R-OH]Rep. Brian Babin [R-TX]Rep. Patrick Murphy [D-FL]
Rep. Jackie Walorski [R-IN]Rep. Trent Franks [R-AZ]Rep. Austin Scott [R-GA]Rep. Stevan Pearce [R-NM]
Rep. Rodney Davis [R-IL]Sen. Martha McSally [R-AZ]Rep. Louie Gohmert [R-TX]Rep. Chris Collins [R-NY]
Rep. David McKinley [R-WV]Rep. Tim Walberg [R-MI]Rep. Kevin Yoder [R-KS]Rep. Peter King [R-NY]
Rep. Ron DeSantis [R-FL]Rep. Luke Messer [R-IN]Rep. Tom Emmer [R-MN]Rep. Cathy McMorris Rodgers [R-WA]
Rep. Bradley Byrne [R-AL]Rep. Bill Johnson [R-OH]Rep. Gus Bilirakis [R-FL]Rep. Earl Carter [R-GA]
Rep. Daniel Lipinski [D-IL]Rep. Nita Lowey [D-NY]Rep. Leonard Lance [R-NJ]Rep. Susan Brooks [R-IN]
Rep. Candice Miller [R-MI]Rep. Daniel Webster [R-FL]Rep. Ileana Ros-Lehtinen [R-FL]Rep. Dina Titus [D-NV]
Rep. Robert Latta [R-OH]Rep. Lynn Jenkins [R-KS]Rep. John Mica [R-FL]Rep. Barbara Comstock [R-VA]
Rep. Michael McCaul [R-TX]Rep. Ralph Abraham [R-LA]Rep. Carlos Curbelo [R-FL]Rep. Adrian Smith [R-NE]
Rep. Eric Swalwell [D-CA]Rep. Lou Barletta [R-PA]Rep. David Reichert [R-WA]Sen. Cynthia Lummis [R-WY]
Rep. Marlin Stutzman [R-IN]Rep. Joseph Pitts [R-PA]Rep. Bill Posey [R-FL]Rep. David Trott [R-MI]
Rep. Mike Quigley [D-IL]Rep. David Young [R-IA]Rep. Dan Newhouse [R-WA]Rep. Rick Allen [R-GA]
Rep. Scott Rigell [R-VA]Rep. John Ratcliffe [R-TX]Rep. John Kline [R-MN]Rep. Robert Dold [R-IL]
Rep. Richard Nugent [R-FL]Rep. Ann Kirkpatrick [D-AZ]Rep. Donald Norcross [D-NJ]Rep. David Jolly [R-FL]
Rep. Rodney Frelinghuysen [R-NJ]Rep. Jeff Miller [R-FL]Rep. Thomas Rooney [R-FL]Rep. Tom McClintock [R-CA]
Rep. Grace Meng [D-NY]

History

DateChamberAction
2015-03-17HouseReferred to the Subcommittee on the Constitution and Civil Justice.
2015-02-10HouseReferred to House Judiciary
2015-02-10HouseReferred to House Financial Services
2015-02-10HouseReferred to House Foreign Affairs
2015-02-10HouseReferred to House Ways and Means
2015-02-10HouseReferred to the Committee on Ways and Means, and in addition to the Committees on Foreign Affairs, Financial Services, and the Judiciary, 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.
2015-02-10HouseIntroduced in House

Same As/Similar To

SB619 (Related) 2015-03-02 - Read twice and referred to the Committee on Finance.
HB1907 (Related) 2015-05-14 - Placed on the Union Calendar, Calendar No. 80.

Subjects


US Congress State Sources


Bill Comments

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