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          <title>WashingtonWatch.com - S. 1234, The Stop Business with Terrorists Act of 2007</title>
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<title>Revision by webmaster (June 28, 2007, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1234.html?rev=2637</link>
<description>&lt;p&gt;S. 1234 would strengthen the liability of parent companies for violations of sanctions by foreign entities.&lt;/p&gt;


&lt;h2 id=&quot;toc0&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to provide a detailed summary of the bill!)&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc1&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 4/26/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc2&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc3&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<guid isPermaLink="false">2637@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 28 Jun 2007 00:00:00 EDT</pubDate>
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<item>
<title>Revision by webmaster (June 28, 2007, 01:00:00)</title>
<link>http://www.washingtonwatch.com/bills/history/110_SN_1234.html?rev=2638</link>
<description>&lt;p&gt;S. 1234 would strengthen the liability of parent companies for violations of sanctions by foreign entities.&lt;/p&gt;


&lt;h2 id=&quot;toc4&quot;&gt; Detailed Summary &lt;/h2&gt;
&lt;p&gt;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.&lt;/p&gt;


&lt;!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc5&quot;&gt; Status of the Legislation &lt;/h2&gt;
&lt;p&gt;Latest Major Action: 4/26/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.&lt;/p&gt;


&lt;!-- Leave in the 'status' tags if you want the latest reported status from THOMAS automatically to replace the text between the tags once it becomes available. --&gt;

&lt;h2 id=&quot;toc6&quot;&gt; Points in Favor &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;


&lt;h2 id=&quot;toc7&quot;&gt; Points Against &lt;/h2&gt;
&lt;p&gt;(Log in to edit the wiki and be the first to show why the bill should not pass!)&lt;br /&gt;

&lt;!-- First editor: Go ahead and take out the sentence in parentheses, and this notice! --&gt;
&lt;/p&gt;

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<guid isPermaLink="false">2638@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 28 Jun 2007 00:00:00 EDT</pubDate>
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<item>
<title>Status as of April 26, 2007</title>
<link>http://www.washingtonwatch.com/bills/show/110_SN_1234.html</link>
<description>4/26/2007: Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</description>
<guid isPermaLink="false">21445@http://www.washingtonwatch.com</guid>
<pubDate>Thu, 26 Apr 2007 00:00:00 EDT</pubDate>
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