,i #aad? ,,congress #a/ ,session ,h4 ,r4 #hbe ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #aj1 #bjae ,mr4 ,roskam 7= himself & ,mr4 ,v>gas7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means1 & 9 addition to ! ,committees on ,=eign ,affairs1 ,f9ancial ,s]vices1 & ! ,judici>y1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to promote trade & comm]cial enhancem5t betwe5 ! ,unit$ ,/ates & ,israel1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,unit$ ,/ates-,israel ,trade & ,comm]cial ,enhancem5t ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,israel is ,am]ica's dep5dable1 democratic ally 9 ! ,middle ,ea/--an area ( p>am\nt /rategic importance to ! ,unit$ ,/ates4 7#b7 ,! ,unit$ ,/ates-,israel ,free ,trade ,agreem5t =m$ ! mod]n f\ndation ( ! bilat]al comm]cial relation%ip betwe5 ! two c\ntries & 0 ! fir/ su* agreem5t sign$ by ! ,unit$ ,/ates ) a =eign c\ntry4 7#c7 ,! ,unit$ ,/ates-,israel ,free ,trade ,agreem5t has be5 in/rum5tal 9 exp&+ comm]ce & ! /rategic relation%ip betwe5 ! ,unit$ ,/ates & ,israel4 7#d7 ,m ?an #de billion 9 goods & s]vices is trad$ annually betwe5 ! two c\ntries 9 addition to r\ghly #aj billion 9 ,unit$ ,/ates =eign direct inve/m5t 9 ,israel4 7#e7 ,! ,unit$ ,/ates cont9ues to look = & f9d new opportunities to enhance coop]ation ) ,israel1 includ+ ?r\gh ! enactm5t ( ! ,unit$ ,/ates-,israel ,enhanc$ ,security ,coop]ation ,act ( #bjab 7,public ,law #aab-aej7 & ! ,unit$ ,/ates-,israel ,/rategic ,p>tn]%ip ,act ( #bjad 7,public ,law #aac-bif74 7#f7 ,x has be5 ! policy ( ! ,unit$ ,/ates ,gov]nm5t to combat all elem5ts ( ! ,arab ,league ,boycott ( ,israel by-- 7,a7 public /atem5ts ( ,adm9i/ration (ficials2 7,b7 enactm5t ( relevant sections ( ! ,export ,adm9i/ration ,act ( #aigi 7z cont9u$ 9 effect pursuant to ! ,int]national ,em]g5cy ,economic ,p[]s ,act71 includ+ sections to ensure =eign p]sons comply ) applicable report+ requirem5ts relat+ to ! boycott2 7,c7 enactm5t ( ! #aigf ,tax ,re=m ,act 7,public ,law #id-dee7 t d5ies c]ta9 tax b5efits to entities abid+ by ! boycott2 7,d7 ensur+ ?r\gh free trade agreem5ts ) ,bahra9 & ,oman t su* c\ntries no long] p>ticipate 9 ! boycott2 & 7,e7 ensur+ z a condition ( memb]%ip 9 ! ,_w ,trade ,organization t ,saudi ,arabia no long] en=ces ! second>y or t]ti>y elem5ts ( ! boycott4 #c4 ,/atem5ts ( policy ,congress-- 7#a7 supports ! /r5g!n+ ( ,unit$ ,/ates-,israel economic coop]ation & recognizes ! trem5d\s /rategic1 economic1 & te*nological value ( coop]ation ) ,israel2 7#b7 recognizes ! b5efit ( coop]ation ) ,israel to ,unit$ ,/ates companies1 includ+ by improv+ ,am]ican competitiv5ess 9 global m>kets2 7#c7 recognizes ! importance ( trade & comm]cial relations to ! pursuit & su/a9ability ( peace1 & supports ef=ts to br+ toge!r ! ,unit$ ,/ates1 ,israel1 ! ,pale/9ian t]ritories1 & o!rs 9 enhanc$ comm]ce2 7#d7 opposes politically motivat$ actions t p5alize or o!rwise limit comm]cial relations specifically ) ,israel su* z boycotts1 dive/m5t or sanctions2 7#e7 notes t ! boycott1 dive/m5t1 & sanction+ ( ,israel by gov]nm5ts1 gov]nm5tal bodies1 quasi-gov]nm5tal bodies1 int]national organizations1 & o!r su* entities is contr>y to ! ,g5]al ,agreem5t on ,t>iffs & ,trade 7,,gatt7 pr9ciple ( non-discrim9ation2 7#f7 enc\rages ! inclusion ( politically motivat$ actions t p5alize or o!rwise limit comm]cial relations specifically ) ,israel su* z boycotts1 dive/m5t f1 or sanctions aga9/ ,israel z a topic ( discussion at ! ,u4,s4-,israel ,jo9t ,economic ,developm5t ,gr\p 7,,j$g7 & o!r areas to support ! /r5g!n+ ( ! ,unit$ ,/ates-,israel comm]cial relation%ip & combat any comm]cial discrim9ation aga9/ ,israel2 7#g7 supports ef=ts to prev5t inve/igations or prosecutions by gov]nm5ts or int]national organizations ( ,unit$ ,/ates p]sons on ! sole basis ( su* p]sons do+ bus9ess ) ,israel1 ) ,israeli entities1 or 9 ,israeli-controll$ t]ritories2 & 7#h7 supports ,am]ican ,/ates exam9+ a company's promotion or compliance ) unsanction$ boycotts1 dive/m5t f1 or sanctions aga9/ ,israel z "p ( its consid]ation 9 aw>d+ grants & contracts & supports ! dive/m5t ( ,/ate assets f companies t support or promote actions to boycott1 dive/ f1 or sanction ,israel4 #d4 ,pr9cipal trade negotiat+ objectives ( ! ,unit$ ,/ates 7a7 ,comm]cial p>tn]%ips ,among ! pr9cipal trade negotiat+ objectives ( ! ,unit$ ,/ates = propos$ trade agreem5ts ) =eign c\ntries reg>d+ comm]cial p>tn]%ips are ! foll[+3 7#a7 ,to disc\rage actions by pot5tial trad+ p>tn]s t directly or indirectly prejudice or o!rwise disc\rage comm]cial activity solely betwe5 ! ,unit$ ,/ates & ,israel4 7#b7 ,to disc\rage politically motivat$ actions to boycott1 dive/ f1 or sanction ,israel & to seek ! elim9ation ( politically motivat$ non-t>iff b>ri]s on ,israeli goods1 s]vices1 or o!r comm]ce impos$ on ! ,/ate ( ,israel4 7#c7 ,to seek ! elim9ation ( /ate-sponsor$ unsanction$ =eign boycotts aga9/ ,israel or compliance ) ! ,arab ,league ,boycott ( ,israel by prospective trad+ p>tn]s4 7b7 ,effective date ,?is section takes effect on ! date ( ! enactm5t ( ?is ,act & applies ) respect to negotiations comm5c$ be=e1 on1 or aft] ! date ( ! enactm5t ( ?is ,act4 #e4 ,report on politically motivat$ acts ( boycott1 dive/m5t f1 & sanctions aga9/ ,israel 7a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,presid5t %all submit to ,congress a report on politically motivat$ acts ( boycott1 dive/m5t f1 & sanctions aga9/ ,israel4 7b7 ,matt]s ,to ,be ,includ$ ,! report requir$ by subsection 7a7 %all include ! foll[+3 7#a7 ,a description ( ! e/abli%m5t ( b>ri]s to trade1 includ+ non-t>iff b>ri]s1 inve/m5t1 or comm]ce by =eign c\ntries or int]national organizations aga9/ ,unit$ ,/ates p]sons op]at+ or do+ bus9ess 9 ,israel1 ) ,israeli entities1 or 9 ,israeli-controll$ t]ritories4 7#b7 ,a description ( specific /eps be+ tak5 by ! ,unit$ ,/ates to enc\rage =eign c\ntries & int]national organizations to cease creat+ su* b>ri]s & to dismantle measures already 9 place & an assessm5t ( ! effectiv5ess ( su* /eps4 7#c7 ,a description ( specific /eps be+ tak5 by ! ,unit$ ,/ates to prev5t inve/igations or prosecutions by gov]nm5ts or int]national organizations ( ,unit$ ,/ates p]sons on ! sole basis ( su* p]sons do+ bus9ess ) ,israel1 ) ,israeli entities1 or 9 ,israeli-controll$ t]ritories4 7#d7 ,decisions by =eign p]sons1 includ+ corporate entities & /ate-affiliat$ f9ancial in/itutions1 t limit or prohibit economic relations ) ,israel or p]sons do+ bus9ess 9 ,israel or 9 ,israeli controll$ t]ritories4 #f4 ,israel trade & comm]ce boycott report+ ,section #ac ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #ghm7 is am5d$ by add+ at ! end ! foll[+3 7s7 ,israel trade & comm]ce boycott report+ 7#a7 ,9 g5]al ,ea* =eign issu] requir$ to file an annual or qu>t]ly report "u subsection 7a7 %all disclose 9 t report-- 7,a7 :e!r ! issu] has discrim9at$ aga9/ do+ bus9ess ) ,israel 9 ! la/ cal5d> ye> & 9 su* cases an issu] %all provide a description ( ! discrim9ation4 7,b7 :e!r ! issu] has be5 advis$ by a =eign gov]nm5t or a non-memb] /ate ( ! ,unit$ ,nations to discrim9ate aga9/ do+ bus9ess ) ,israel1 entities own$ or controll$ by ! gov]nm5t ( ,israel1 or entities op]at+ 9 ,israel or ,israeli-controll$ t]ritory2 & 7,c7 any in/ances :]e ! issu] has le>n$ t a p]son1 =eign gov]nm5t1 or a non-memb] /ate ( ! ,unit$ ,nations is boycott+ ! issu]1 dive/+ !mselves ( an own]%ip int]e/ 9 ! issu]1 or plac+ sanctions on ! issu] because ( ! issu]'s relation%ip ) ,israel1 entities own$ or controll$ by ! gov]nm5t ( ,israel1 or entities op]at+ 9 ,israel or ,israeli-controll$ t]ritory4 7#b7 ,def9itions ,= purposes ( ?is subsection3 7,a7 ,=eign issu] ,! t]m =eign issu] means an issu] t is n incorporat$ 9 ! ,unit$ ,/ates4 7,b7 ,non-memb] /ates ( ! ,unit$ ,nations ,! t]m non-memb] /ates ( ! ,unit$ ,nations has ! mean+ giv5 su* t]m by ! ,unit$ ,nations4 4 #g4 ,=eign judgm5ts aga9/ ,unit$ ,/ates p]sons ,no c\rt 9 ! ,unit$ ,/ates may recognize or en=ce any judgm5t :i* is ent]$ by a =eign c\rt aga9/ a ,unit$ ,/ates p]son c>ry+ out bus9ess op]ations 9 ,israel or 9 any t]ritory controll$ by ,israel & on :i* is bas$ a det]m9ation by ! =eign c\rt t ! location 9 ,israel1 or 9 any t]ritory controll$ by ,israel1 ( ! facilities at :i* ! bus9ess op]ations are c>ri$ out is suffici5t to con/itute a violation ( law4 #h4 ,def9itions ,9 ?is ,act3 7#a7 ,boycott1 dive/m5t f1 & sanctions aga9/ ,israel ,! t]m boycott1 dive/m5t f1 & sanctions aga9/ ,israel means actions by /ates1 non-memb] /ates ( ! ,unit$ ,nations1 int]national organizations1 or affiliat$ ag5cies ( int]national organizations t are politically motivat$ & are int5d$ to p5alize or o!rwise limit comm]cial relations specifically ) ,israel or p]sons do+ bus9ess 9 ,israel or 9 ,israeli-controll$ t]ritories4 7#b7 ,=eign p]son ,! t]m =eign p]son means-- 7,a7 any natural p]son :o is n lawfully admitt$ = p]man5t resid5ce 7z def9$ 9 section #aja7;a77#bj7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja7;a77#bj77 or :o is n a protect$ individual 7z def9$ 9 section #bgd;,b7a77#c7 ( su* ,act 7#h ,u4,s4,c4 #acbd;b7a77#c772 & 7,b7 any =eign corporation1 bus9ess association1 p>tn]%ip1 tru/1 society or any o!r entity or gr\p t is n incorporat$ or organiz$ to d bus9ess 9 ! ,unit$ ,/ates1 z well z any int]national organization1 =eign gov]nm5t & any ag5cy or subdivision ( =eign gov]nm5t1 includ+ a diplomatic mission4 7#c7 ,p]son 7,a7 ,9 g5]al ,! t]m p]son means-- 7i7 a natural p]son2 7ii7 a corporation1 bus9ess association1 p>tn]%ip1 society1 tru/1 f9ancial in/itution1 insur]1 und]writ]1 gu>antor1 & any o!r bus9ess organization1 any o!r nongov]nm5tal entity1 organization1 or gr\p1 & any gov]nm5tal entity op]at+ z a bus9ess ent]prise2 & 7iii7 any successor to any entity describ$ 9 clause 7ii74 7,b7 ,application to gov]nm5tal entities ,! t]m p]son does n include a gov]nm5t or gov]nm5tal entity t is n op]at+ z a bus9ess ent]prise4 7#d7 ,unit$ /ates p]son ,! t]m ,unit$ ,/ates p]son means-- 7,a7 a natural p]son :o is a national ( ! ,unit$ ,/ates 7z def9$ 9 section #aja7;a77#bb7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja7;a77#bb772 & 7,b7 a corporation or o!r legal entity :i* is organiz$ "u ! laws ( ! ,unit$ ,/ates1 any ,/ate or t]ritory !re(1 or ! ,di/rict ( ,columbia1 if natural p]sons describ$ 9 subp>agraph 7,a7 own1 directly or indirectly1 m ?an #ej p]c5t ( ! out/&+ capital /ock or o!r b5eficial int]e/ 9 su* legal entity4