Home > 105th Congressional Bills > H.R. 4427 (ih) To amend title 18 of the United States Code with respect to gambling on the Internet, and for other purposes. ...
H.R. 4427 (ih) To amend title 18 of the United States Code with respect to gambling on the Internet, and for other purposes. ...
108th CONGRESS
2d Session
H. R. 4426
To prohibit certain entities from trading in capital markets in the
United States.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
May 20, 2004
Mr. Bachus (for himself, Mr. Tancredo, and Ms. Ros-Lehtinen) introduced
the following bill; which was referred to the Committee on
International Relations
_______________________________________________________________________
A BILL
To prohibit certain entities from trading in capital markets in the
United States.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. PROHIBITION ON TRADING IN U.S. CAPITAL MARKETS.
(a) Prohibition.--The President shall exercise the authorities he
has under the International Emergency Economic Powers Act (without
regard to section 202 of that Act) to prohibit any entity engaged in
the development of oil or gas in Sudan--
(1) from raising capital in the United States; or
(2) from trading its securities (or depository receipts
with respect to its securities) in any capital market in the
United States.
(b) Definition.--For purposes of this section, an entity is
``engaged in the development of oil or gas in Sudan'' if that entity is
directly engaged in the exploration, production, transportation (by
pipeline or otherwise), or refining of petroleum, natural gas, or
petroleum products in Sudan.
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