Bill > HR825

Introduced Session

United States-Israel Trade and Commercial Enhancement Act This bill states that among the principal U.S. trade negotiating objectives for trade agreements with foreign countries regarding commercial partnerships are to: discourage actions by potential trading partners that discourage commercial activity solely between the United States and Israel; discourage politically motivated actions to boycott, divest from, or sanction Israel and to seek the elimination of politically motivated non-tariff barriers on Israeli commerce; and seek the elimination of state-sponsored unsanctioned foreign boycotts against Israel or compliance with the Arab League Boycott of Israel. The President is directed to report annually to Congress on politically motivated acts of boycott, divestment from, and sanctions against Israel. The Securities Exchange Act of 1934 is amended to require a foreign issuer traded on the U.S. stock market to disclose in its quarterly or annual report: whether the issuer has discriminated against doing business with Israel in the last calendar year; whether the issuer has been advised by a foreign government or a non-member state of the United Nations (U.N.) to discriminate against doing business with Israel, entities owned or controlled by Israel, or entities operating in Israel or Israeli-controlled territory; and any instances where the issuer has learned that a person, foreign government, or a non-member state of the U.N. is boycotting the issuer, divesting itself of an ownership interest in the issuer, or placing sanctions on the issuer because of the issuer's relationship with Israel. No U.S. court may recognize or enforce any judgment by a foreign court against a U.S. person carrying out business operations in Israel or in any territory controlled by Israel, and on which is based a determination by the foreign court that the location in Israel, or in any territory controlled by Israel, of the facilities at which the business operations are carried out is sufficient to constitute a violation of law.

Committee Categories

Peter Roskam (R)*,  Ralph Abraham (R),  Rick Allen (R),  Brian Babin (R),  Lou Barletta (R),  Gus Bilirakis (R),  Susan Brooks (R),  Bradley Byrne (R),  Buddy Carter (R),  Chris Collins (R),  Barbara Comstock (R),  Paul Cook (R),  Carlos Curbelo (R),  Rodney Davis (R),  Ron DeSantis (R),  Robert Dold (R),  Tom Emmer (R),  Blake Farenthold (R),  Trent Franks (R),  Rodney Frelinghuysen (R),  Bob Gibbs (R),  Louie Gohmert (R),  Lynn Jenkins (R),  Bill Johnson (R),  David Jolly (R),  Peter King (R),  Ann Kirkpatrick (D),  John Kline (R),  Leonard Lance (R),  Bob Latta (R),  Daniel Lipinski (D),  Nita Lowey (D),  Cynthia Lummis (R),  Michael McCaul (R),  Tom McClintock (R),  David McKinley (R),  Cathy McMorris Rodgers (R),  Martha McSally (R),  Mark Meadows (R),  Grace Meng (D),  Luke Messer (R),  John Mica (R),  Candice Miller (R),  Jeff Miller (R),  Patrick Murphy (D),  Dan Newhouse (R),  Donald Norcross (D),  Richard Nugent (R),  Stevan Pearce (R),  Joseph Pitts (R),  Bill Posey (R),  Mike Quigley (D),  John Ratcliffe (R),  David Reichert (R),  E. Scott Rigell (R),  Thomas Rooney (R),  Ileana Ros-Lehtinen (R),  David Schweikert (R),  Austin Scott (R),  Adrian Smith (R),  Steve Stivers (R),  Marlin Stutzman (R),  Eric Swalwell (D),  Dina Titus (D),  David Trott (R),  Juan Vargas (D),  Tim Walberg (R),  Jackie Walorski (R),  Randy Weber (R),  Daniel Webster (R),  Kevin Yoder (R),  David Young (R),  Lee Zeldin (R), 

Referred to the Subcommittee on the Constitution and Civil Justice. (on 03/17/2015)

Official Document