3.0.0 1798 2022-03-01T16:39:55Z 2022-03-01T16:39:55Z House H HR 2011-05-06 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MACK:H.R. 1798.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3 of the U.S. Constitution[Page H3115]]]> hsfa00 Foreign Affairs Committee House Standing hsfa07 Western Hemisphere Subcommittee Reported by 2012-11-29T22:22:25Z Markup by 2012-11-29T22:17:45Z Referred to 2012-11-15T21:19:59Z hsfa18 Terrorism, Nonproliferation, and Trade Subcommittee Referred to 2012-11-15T21:19:52Z Referred to 2011-05-06T16:01:20Z hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Referred to 2011-07-29T20:24:16Z hsba20 Financial Institutions and Monetary Policy Subcommittee Referred to 2011-07-29T20:24:09Z Referred to 2011-05-06T16:01:15Z Judgment Evading Foreign States Accountability Act of 2011 112 912 S 2011-05-09 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2012-11-29 hsfa07 Western Hemisphere Subcommittee 1 House committee actions Forwarded by Subcommittee to Full Committee in the Nature of a Substitute (Amended) by Voice Vote . Committee 2012-11-29 hsfa07 Western Hemisphere Subcommittee 1 House committee actions Subcommittee Consideration and Mark-up Session Held. Committee 2012-11-15 hsfa07 Western Hemisphere Subcommittee 1 House committee actions Referred to the Subcommittee on the Western Hemisphere. Committee 2012-11-15 hsfa18 Terrorism, Nonproliferation, and Trade Subcommittee 1 House committee actions Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade. Committee 2011-07-29 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. Committee 2011-07-29 hsba20 Financial Institutions and Monetary Policy Subcommittee 1 House committee actions Referred to the Subcommittee on International Monetary Policy and Trade. Committee 2011-05-06 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, 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. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2011-05-06 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, 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. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-05-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-05-06 Introduced in House IntroReferral 1000 9 Library of Congress M001155 Rep. Mack, Connie [R-FL-14] Connie Mack R FL 14 N K000210 Rep. King, Peter T. [R-NY-3] PETER KING R NY T. 3 2011-05-06 True S000030 Rep. Sanchez, Loretta [D-CA-47] LORETTA SANCHEZ D CA 47 2011-05-06 True C001060 Rep. Carnahan, Russ [D-MO-3] Russ Carnahan D MO 3 2011-05-06 True M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 2011-05-06 True H001038 Rep. Higgins, Brian [D-NY-27] Brian Higgins D NY 27 2011-05-31 False T000326 Rep. Towns, Edolphus [D-NY-10] EDOLPHUS TOWNS D NY 10 2011-05-31 False O000169 Rep. Owens, William L. [D-NY-23] William Owens D NY L. 23 2011-05-31 False T000469 Rep. Tonko, Paul [D-NY-21] Paul Tonko D NY 21 2011-05-31 False R000585 Rep. Reed, Tom [R-NY-29] Tom Reed R NY 29 2011-06-15 False N000179 Rep. Napolitano, Grace F. [D-CA-38] GRACE NAPOLITANO D CA F. 38 2011-06-23 False P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 2011-07-06 False B001234 Rep. Baca, Joe [D-CA-43] JOE BACA D CA 43 2011-07-06 False S001179 Rep. Schock, Aaron [R-IL-18] Aaron Schock R IL 18 2011-07-13 False M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2011-07-13 False R000580 Rep. Roskam, Peter J. [R-IL-6] Peter Roskam R IL J. 6 2011-07-19 False H001054 Rep. Hayworth, Nan A. S. [R-NY-19] Nan Hayworth R NY A. S. 19 2011-09-22 False C000266 Rep. Chabot, Steve [R-OH-1] STEVE CHABOT R OH 1 2011-09-22 False H001062 Rep. Hochul, Kathleen C. [D-NY-26] Kathleen Hochul D NY C. 26 2011-09-22 False C001080 Rep. Chu, Judy [D-CA-32] Judy Chu D CA 32 2011-10-12 False G000564 Rep. Gibson, Christopher P. [R-NY-20] Christopher Gibson R NY P. 20 2011-10-12 False M001134 Rep. Myrick, Sue Wilkins [R-NC-9] SUE MYRICK R NC WILKINS 9 2011-10-12 False G000569 Rep. Grimm, Michael G. [R-NY-13] Michael Grimm R NY G. 13 2011-10-26 False H001051 Rep. Hanna, Richard L. [R-NY-24] Richard Hanna R NY L. 24 2011-10-26 False B001276 Rep. Buerkle, Ann Marie [R-NY-25] Ann Buerkle R NY Marie 25 2011-10-26 False L000517 Rep. Lungren, Daniel E. [R-CA-3] DANIEL LUNGREN R CA EDWARD 3 2011-11-17 False G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 2011-11-17 False H001060 Rep. Hurt, Robert [R-VA-5] Robert Hurt R VA 5 2011-11-29 False International Affairs Business investment and capital Civil actions and liability Congressional oversight Foreign aid and international relief Foreign and international banking Foreign and international corporations Foreign loans and debt Government liability Multilateral development programs Sanctions Securities U.S. and foreign investments International Affairs 00 2011-05-06 Introduced in House 2011-07-19T20:38:00Z Judgment Evading Foreign States Accountability Act of 2011 - States the policy of the United States regarding: (1) advocacy within the governing bodies of international organizations and other foreign policy settings for the full compensation and fair treatment of persons in whose favor judgments have been awarded by U.S. courts; (2) protection of economic interests of persons and nations that benefit from a reliable flow of foreign capital by restricting the access to U.S. capital markets of judgment evading foreign states (foreign states that fail to fully satisfy a final judgment exceeding a certain amount for more than two years) and their state-owned corporations, warning of the dangers of dealing financially with such states and state-owned corporations, and calling upon international financial institutions to vote against providing funding or foreign capital to judgment evading foreign states; and (3) further solidification of the authority of the U.S. courts by preventing such states from willfully flouting the judgments of those courts.

Directs the Securities and Exchange Commission (SEC) to: (1) deny a judgment evading foreign state access to U.S. capital markets; and (2) require all periodic filings made by such a state with the SEC to bear prominently a warning describing its failure to satisfy outstanding judgments. Imposes similar restrictions on state-owned corporations of such states.

Requires: (1) a proposal to extend bilateral or multilateral assistance to a judgment evading state to bear notice that such state is a judgment evading state; and (2) the Secretary of the Treasury to notify Congress promptly of the proposal.

]]> Judgment Evading Foreign States Accountability Act of 2011 Short Titles as Introduced Judgment Evading Foreign States Accountability Act of 2011 Display Title Judgment Evading Foreign States Accountability Act of 2011 Official Title as Introduced To prevent foreign states that do business, issue securities, or borrow money in the United States, and then fail to satisfy United States court judgments totaling $100,000,000 or more based on such activities, from inflicting further economic injuries in the United States, from undermining the integrity of United States courts, and from discouraging responsible lending to poor and developing nations by undermining the secondary and primary markets for sovereign debt. Introduced in House 2011-05-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1798ih/xml/BILLS-112hr1798ih.xml 2012-11-29 Forwarded by Subcommittee to Full Committee in the Nature of a Substitute (Amended) by Voice Vote . 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.