HR 3328 · 100th Congress · Foreign Trade and International Finance

Apartheid Profits Disincentive Act of 1987

Introduced 1987-09-22· Sponsored by Rep. Leland, Mickey [D-TX-18]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Subcommittee Hearings Held.(1988-03-23)

Plain Language Summary

[AI summary unavailable — showing source text] Apartheid Profits Disincentive Act of 1987 - Amends the Comprehensive Anti-Apartheid Act of 1986 to prohibit investment in U.S. capital markets by any person or entity controlled or influenced by certain South African mining interests. Requires any person, corporation, partnership, business entity, or any alien owning or holding capital stock or business interests in violation of the prohibition to divest ownership in such stock or business interest within one year after the enactment of this Act. Sets forth administrative provisions and enforcement procedures concerning such prohibition.…

Summarized by Claude AI · Non-partisan · For informational purposes only