ITA Act of 2010
Latest action · Jul 22, 2010 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 22, 2010
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Iran Transparency and Accountability Act of 2010 or ITA Act of 2010 - Amends the Securities Exchange Act of 1934 to require an issuer to state, in its mandatory periodic report, whether it (or any subsidiary or affiliate) has: (1) engaged in an activity of a type and involving an amount that could subject it to sanctions under the Iran Sanctions Act of 1996; (2) knowingly engaged in an activity or violated regulations described under the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010; or (3) had any ties to a company designated by either the Secretary of the Treasury or the Secretary of State as contributing or supporting the proliferation activities of Iran.
Prescribes specified disclosures. Requires the Securities and Exchange Commission (SEC) to make such disclosures public.
Directs the President, upon receipt of such report, to investigate and determine if the issuer should be subject to sanctions under the Iran Sanctions Act of 1996.
Cosponsors 17
Members who signed on, in the order they did. Signatures ran from Jul 22, 2010 to Dec 16, 2010; 4 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IN | Dan Burton | Original | Jul 22, 2010 |
| D-NY | Gary L. Ackerman | Original | Jul 22, 2010 |
| R-FL | Ileana Ros-Lehtinen | Original | Jul 22, 2010 |
| D-FL | Ron Klein | Original | Jul 22, 2010 |
| R-NV | Dean Heller | Sep 15, 2010 | |
| D-FL | Debbie Wasserman Schultz | Sep 15, 2010 | |
| D-MI | Gary C. Peters | Sep 15, 2010 | |
| D-NY | Michael E. McMahon | Sep 15, 2010 | |
| D-NV | Shelley Berkley | Sep 15, 2010 | |
| D-NY | Eliot L. Engel | Sep 29, 2010 | |
| R-NJ | Frank A. LoBiondo | Sep 29, 2010 | |
| D-CA | Jim Costa | Sep 29, 2010 | |
| D-OH | Betty Sutton | Nov 30, 2010 | |
| D-GA | Jim Marshall | Nov 30, 2010 | |
| D-IL | Mike Quigley | Nov 30, 2010 | |
| D-NJ | Steven R. Rothman | Nov 30, 2010 | |
| D-MA | Barney Frank | Dec 16, 2010 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jul 22, 2010 |
Actions 2
Everything that happened, newest first.
- Jul 22, 2010Introduced in House
- Jul 22, 2010Referred to the House Committee on Financial Services.
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Securities Exchange Act of 1934 to require issuers to make disclosures related to Iranian investments, and for other purposes.
- Short Titles as Introduced
- ITA Act of 2010
- Iran Transparency and Accountability Act of 2010
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jul 22, 2010Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
