Accelerating Access to Capital Act of 2016

H.R.2357
Introduced: 
May 5, 2015
115
First
September 12, 2016
Referred to Senate (sub)committee

Largely unrelated to Palestinian affairs or the Arab-Israeli conflict, this bill would tweak some regulations on financial markets. In the lead-up to the House’s consideration of the bill in 9/2016, Rep. Ron DeSantis (R-FL) submitted an amendment related to Iran that would expand the reporting obligations for any issuer of U.S. securities registering under the Securities Act of 1933. By requiring the issuer to declare whether it does business in Iran or with any entity that is organized under the laws of Iran, it would disincentivize U.S. business with Iran by treating all Iranian entities as equally complicit in the Iranian government’s actions. It was not brought for consideration on the House floor.

Last major action: 9/12/16 referred to Senate Comm. on Banking, Housing, and Urban Affairs (9/8/16 passed in House by yea/nay vote, 236–178).

Sponsor/Cosponsors:

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