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United States · Bill · HR

H.R. 1327 (111th)

Iran Sanctions Enabling Act of 2009

referredUnited States· United States Congress· EN

Introduced

5 March 2009

Last action

15 October 2009 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Rep. Frank, Barney [D-MA-4], Rep. Berman, Howard L. [D-CA-28], Rep. Sherman, Brad [D-CA-32], Rep. Meeks, Gregory W. [D-NY-5], Sen. Kirk, Mark Steven [R-IL], Rep. Moore, Gwen [D-WI-4], Rep. Driehaus, Steve [D-OH-1], Rep. Klein, Ron [D-FL-22], Rep. Bishop, Sanford D. [D-GA-2], Rep. Platts, Todd Russell [R-PA-19], Rep. Wexler, Robert [D-FL-19], Rep. Bono, Mary [R-CA-44], Rep. LoBiondo, Frank A. [R-NJ-2], Rep. Hastings, Alcee L. [D-FL-20], Rep. Rooney, Thomas J. [R-FL-17], Rep. Barrow, John [D-GA-12], Rep. Garrett, Scott [R-NJ-5], Rep. Himes, James A. [D-CT-4], Rep. Bartlett, Roscoe G. [R-MD-6], Rep. Hoekstra, Peter [R-MI-2], Rep. Bonner, Jo [R-AL-1], Rep. Green, Gene [D-TX-29], Rep. Adler, John H. [D-NJ-3], Rep. Paulsen, Erik [R-MN-3], Rep. Roe, David P. [R-TN-1], Rep. Hodes, Paul W. [D-NH-2], Rep. Fallin, Mary [R-OK-5], Rep. Scalise, Steve [R-LA-1], Rep. Latham, Tom [R-IA-3], Rep. Grayson, Alan [D-FL-9], Rep. Alexander, Rodney [R-LA-5], Rep. Lamborn, Doug [R-CO-5], Rep. Cantor, Eric [R-VA-7], Sen. Cassidy, Bill [R-LA], Rep. Rothman, Steven R. [D-NJ-9], Rep. McClintock, Tom [R-CA-5], Rep. Fleming, John [R-LA-4], Rep. Biggert, Judy [R-IL-13], Rep. Schock, Aaron [R-IL-18], Rep. McCotter, Thaddeus G. [R-MI-11], Rep. Ruppersberger, C. A. Dutch [D-MD-2], Rep. Melancon, Charlie [D-LA-3], Rep. Sanchez, Loretta [D-CA-46], Rep. Miller, Candice S. [R-MI-10], Rep. Price, Tom [R-GA-6], Rep. Sensenbrenner, F. James, Jr. [R-WI-5], Sen. Peters, Gary C. [D-MI], Rep. McMorris Rodgers, Cathy [R-WA-5]

Subjects

Energy

Source updated

7 April 2025

Energy

Summary

Iran Sanctions Enabling Act of 2009 - States that it is the policy of the United States to support the decision of state and local governments and educational institutions to divest from, and to prohibit the investment of assets they control in, persons that have investments of more than $20 million in Iran's energy sector. Authorizes a state or local government to adopt and enforce measures to divest its assets from, or prohibit the investment of assets they control in, such persons, including financial institutions which extend them credit to so invest. Amends the Investment Company Act of 1940 to shield any registered investment company from civil, criminal, or administrative action based upon its divesting from, or avoiding investing in, securities issued by such persons. Expresses the sense of Congress that a fiduciary of an employee benefit plan under the Employee Retirement Income Security Act of 1974 (ERISA) may divest plan assets from, or avoid investing plan assets in, a person that has investments of more than $20 million in Iran's energy sector without breaching his or her fiduciary duties under ERISA, if such determination is based on credible information and in accordance with federal law.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 March 2009

    Referred

    Referred to the Subcommittee on International Monetary Policy and Trade.

    Source: Committee

  2. 5 March 2009

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  3. 5 March 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 5 March 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 12 March 2009

    Committee

    Subcommittee Hearings Held.

    Source: Committee

  6. 28 April 2009

    Reported

    Ordered to be Reported (Amended) by Voice Vote.

    Source: Committee

  7. 28 April 2009

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  8. 28 April 2009

    Committee

    Subcommittee on International Monetary Policy and Trade Discharged.

    Source: Committee

  9. 13 October 2009

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  10. 13 October 2009

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1327.

    Source: Floor

  11. 13 October 2009

    Floor

    Considered under suspension of the rules. (consideration: CR H11191-11195)

    Source: Floor

  12. 13 October 2009

    Floor

    Mr. Frank (MA) moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  13. 14 October 2009

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  14. 14 October 2009

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 6 (Roll no. 776). (text: CR 10/13/2009 H11191-11192)

    Source: Floor

  15. 14 October 2009

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 6 (Roll no. 776).(text: CR 10/13/2009 H11191-11192)

    Source: Floor

  16. 14 October 2009

    Floor

    Considered as unfinished business. (consideration: CR H11351-11352)

    Source: Floor

  17. 15 October 2009

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

8 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 15 October 2009

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 15 October 2009

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  • Engrossed in House (text)

    Engrossed in House · EN · 14 October 2009

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 14 October 2009

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  • Passed House amended

    summary · EN · 14 October 2009

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  • Introduced in House (text)

    Introduced in House · EN · 5 March 2009

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  • Introduced in House (PDF)

    Introduced in House · EN · 5 March 2009

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  • Introduced in House

    summary · EN · 5 March 2009

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Sponsors

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Sources

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