H.R.4563 - Georgian Fair Business Practices Sanctions Act of 2017115th Congress (2017-2018)
|Sponsor:||Rep. Russell, Steve [R-OK-5] (Introduced 12/06/2017)|
|Committees:||House - Foreign Affairs; Financial Services; Judiciary|
|Latest Action:||House - 12/06/2017 Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, and the Judiciary, 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. (All Actions)|
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Summary: H.R.4563 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (12/06/2017)
Georgian Fair Business Practices Sanctions Act of 2017
This bill directs the President to periodically submit to Congress a report: (1) determining whether or not the government of Georgia is undermining commitments or contractual agreements made with U.S. business persons operating in Georgia, and (2) identifying current or former Georgian officials who are responsible for such actions. The report shall include a summary of U.S. government and nongovernment investment in Georgia.
If the President determines that Georgia has committed such actions, the President shall impose financial and trade assistance sanctions on the government of Georgia and visa and property blocking sanctions on identified officials.