STOP Act of 2008

Bill: 110-hr-6178
Sponsor: Rep. Ros-Lehtinen, Ileana [R-FL-18]
Introduced: 2008-06-04 in the House
Policy area: International Affairs
Subjects: Admission of nonimmigrants
Advanced weapons
Aliens
Armed Forces and National Security
Arms sales
Ballistic missiles
Biological warfare
Chemical warfare
Compensation (Law)
Congress
Congressional oversight
Congressional reporting requirements
Corporation directors
Crime and Law Enforcement
East Asia
Foreign Trade and International Finance
Foreign corporations
Foreign leaders
Foreign tax credit
Government Operations and Politics
Government trust funds
Hostages
Immigration
Income tax
International claims
Iran
Law
Middle East and North Africa
North Korea
Nuclear nonproliferation
Nuclear weapons
President and foreign policy
Russia
Sanctions (International law)
Science, Technology, Communications
Stockholders
Syria
Taxation
Technology transfer
Visas
Weapons of mass destruction

Summary:
action_date: 2008-06-04
text: 
Security through Termination Of Proliferation Act of 2008 or the STOP Act of 2008 - States that specified U.S. sanctions with respect to Iran, North Korea, or Syria shall remain in effect until the President certifies to the appropriate congressional committees that such country has verifiably dismantled its weapons of mass destruction programs.
 
Amends the Iran, North Korea, and Syria Nonproliferation Act to include within the scope of such Act (including identification/reporting and sanction provisions) persons involved in the transshipment (as defined by this Act) of certain goods, services, or technology.
 
Establishes restrictions on nuclear cooperation with a country that is assisting the nuclear program of, or transferring advanced conventional weapons or missiles to, Iran, North Korea, or Syria.
 
Provides for exclusion from the United States (with a discretionary national security waiver by the President) of an alien who is a senior government official of a foreign government or a corporate principal or significant shareholder of a foreign person identified as involved in proliferation activities respecting Iran, North Korea, or Syria.
 

 
Amends the Internal Revenue Code to: (1) deny a foreign tax credit to a taxpayer engaged in business activity with Iran that is prohibited by U.S. law; and (2) set forth income tax provisions respecting a foreign corporation engaged in business activity with Iran that is prohibited by U.S. law.
 
Establishes the Compensation for Former United States Hostages in Iran Fund.


Legislative actions:
action_date: 2008-06-09
text: Referred to the Subcommittee on Trade.
action_date: 2008-06-04
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, the Judiciary, Oversight and Government Reform, and Financial Services, 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.
action_date: 2008-06-04
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, the Judiciary, Oversight and Government Reform, and Financial Services, 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.
action_date: 2008-06-04
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, the Judiciary, Oversight and Government Reform, and Financial Services, 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.
action_date: 2008-06-04
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, the Judiciary, Oversight and Government Reform, and Financial Services, 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.
action_date: 2008-06-04
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, the Judiciary, Oversight and Government Reform, and Financial Services, 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.
action_date: 2008-06-04
text: Referred to the Committee on Foreign Affairs, and in addition to the Committees on Ways and Means, the Judiciary, Oversight and Government Reform, and Financial Services, 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.
action_date: 2008-06-04
text: Introduced in House
action_date: 2008-06-04
text: Introduced in House