3.0.0 2015 2023-01-11T20:35:43Z 2023-01-11T20:35:43Z Senate S S 2007-08-03 110 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2007-08-04T02:48:44Z 2007-08-03 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2007-08-03 Introduced in Senate IntroReferral 10000 9 Library of Congress K000352 Sen. Kyl, Jon [R-AZ] Jon Kyl R AZ Llewellyn N Finance and Financial Sector Administrative procedure Civil service retirement Congress Congressional investigations Congressional reporting requirements Crime and Law Enforcement Federal employees Foreign Trade and International Finance Government Operations and Politics Government procurement Independent regulatory commissions Information disclosure (Securities law) International Affairs International cooperation Investments Labor and Employment Law Mutual funds Pension funds Securities and Exchange Commission Securities regulation State-sponsored terrorism Tax-deferred compensation plans Terrorism Finance and Financial Sector 00 2007-08-03 Introduced in Senate 2008-01-29T21:43:47Z Promoting Fully Informed Investment Decision Making Act of 2007 - Directs the Securities and Exchange Commission (SEC) to: (1) report to Congress on business activities carried out with state sponsors of terrorism; and (2) issue regulations to require disclosure by all persons required to make filings under the Securities Exchange Act of 1934 regarding any business activity of more than $20 million in or with a country that is a state sponsor of terrorism, or an instrumentality of such country.

Instructs the Comptroller General to report to Congress on: (1) the completeness of the SEC report; (2) the names of such persons included in each of the major investable financial market indices and the holdings of the Federal Thrift Savings Plan; and (3) the nature of the activities concerned, and the value of U.S. government active contracting with such persons for the procurement of goods or services.

Expresses the sense of Congress that the U.S. Trade Representative, the Chairman of the SEC, the Secretary of State, and other relevant representatives of the U.S. government should encourage U.S. allies to implement disclosure standards similar to those required by this Act for the securities exchanges of those countries.

Amends the Investment Company Act of 1940 to prohibit civil, criminal, or administrative action against any registered investment company based solely upon its divesting from, or avoiding investing in, securities issued by persons that have business ties to a state sponsor of terrorism.

]]> Promoting Fully Informed Investment Decision Making Act of 2007 Official Title as Introduced A bill to increase the economic pressure on terror sponsoring states, and for other purposes. Introduced in Senate IS Display Title Promoting Fully Informed Investment Decision Making Act of 2007 Short Titles as Introduced Promoting Fully Informed Investment Decision Making Act of 2007 Introduced in Senate 2007-08-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110s2015is/xml/BILLS-110s2015is.xml 2007-08-03 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.