3.0.0 6827 2018-11-08T23:34:16Z 2018-11-08T23:34:16Z House H HR 2008-08-01 110 hswm00 Ways and Means Committee House Standing Referred to 2008-08-01T13:04:20Z 2008-08-01 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2008-08-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-08-01 Introduced in House IntroReferral 1000 9 Library of Congress S000344 Rep. Sherman, Brad [D-CA-27] BRAD SHERMAN D CA 27 N R000435 Rep. Ros-Lehtinen, Ileana [R-FL-18] ILEANA ROS-LEHTINEN R FL 18 2008-08-01 True B000410 Rep. Berman, Howard L. [D-CA-28] HOWARD BERMAN D CA L. 28 2008-08-01 True B001231 Rep. Berkley, Shelley [D-NV-1] SHELLEY BERKLEY D NV 1 2008-08-01 True J000284 Rep. Jones, Stephanie Tubbs [D-OH-11] STEPHANIE JONES D OH TUBBS 11 2008-08-01 True D000602 Rep. Davis, Artur [D-AL-7] Artur Davis D AL 7 2008-08-01 True K000360 Rep. Kirk, Mark Steven [R-IL-10] MARK KIRK R IL STEVEN 10 2008-08-01 True P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2008-08-01 True B001149 Rep. Burton, Dan [R-IN-5] DAN BURTON R IN 5 2008-08-01 True C001064 Rep. Campbell, John [R-CA-48] John Campbell R CA 48 2008-08-01 True E000179 Rep. Engel, Eliot L. [D-NY-17] ELIOT ENGEL D NY L. 17 2008-08-01 True Taxation American investments Arms control Arms sales Capital gains tax Charitable contributions Crime and Law Enforcement Energy Foreign Trade and International Finance Foreign loans Government Operations and Politics Government publicity Income tax International Affairs Iran Middle East and North Africa Natural gas Nuclear energy Petroleum Petroleum refineries Pipelines Securities Sudan Tax deferral Terrorism Taxation 00 2008-08-01 Introduced in House 2008-09-15T21:31:51Z Enable Divestment from Sudan and Iran Act of 2008 - Amends the Internal Revenue Code to promote the divestment of investments in Iran or the Sudan by pemitting the deferral of tax on any gain from the sale of securities in any business that is engaged in certain discouraged activities in Iran or the Sudan if the holder of such securities purchases replacement securities from a business not engaged in such discouraged activities.

Includes as discouraged activities in Iran: (1) the sale of munitions to the Iranian government; (2) loans aggregating more than $20 million to the Iranian government; (3) investments of over $20 million in the Iranian energy sector; or (4) conducting business with or making charitable donations to any Iranian person designated as a terrorist.

Defines "Sudan discouraged activity" as an investment in any business operation described in the Sudan Accountability and Divestment Act of 2007 (e.g., businesses engaged in power production activities, mineral extraction activities, oil-related activities, or the production of military equipment).

Requires the Secretary of the Treasury to publish and update every six months a list of business entities engaging in any Sudan or Iran discouraged activities.

]]> Enable Divestment from Sudan and Iran Act of 2008 Short Titles as Introduced Enable Divestment from Sudan and Iran Act of 2008 Display Title Enable Divestment from Sudan and Iran Act of 2008 Official Title as Introduced To amend the Internal Revenue Code of 1986 to provide for rollover of gain from divesting certain qualified securities of business entities engaged in Iran or Sudan discouraged activities. Introduced in House 2008-08-01T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr6827ih/xml/BILLS-110hr6827ih.xml 2008-08-01 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.