Companies that wish to continue “business as usual” in Iran should be subject to debarment from government contracts. The prospect of debarment is one of the most effective ways to compel corporations to end their Iran business. The U.S. government is the world’s largest business enterprise. No responsible and profit-driven company would jeopardize millions if not billions of dollars of U.S. government contracts by continuing to do business in Iran.
All corporations must choose between the Iranian regime and American taxpayers.
In June 2009, UANI proposed the Iran Business Certification Act (IBC Act), an unprecedented measure requiring companies that do business with the U.S. Government to certify they do not conduct business in Iran under penalty of debarment from federal contracts. In October 2009, the UANI legislation was introduced by Representatives Ron Klein (FL-22) and John Mica (FL-7) as the Accountability for Business Choices in Iran Act (ABC Iran Act). Ultimately, the IBC Act was incorporated into the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (CISADA), the broadest U.S. sanctions on Iran to date.
(H.R. 2194 Signed into law on July 1, 2010)
(H.R. 3922 | Introduced in Congress on October 23, 2009)
(June 24, 2010)
(December 15, 2009)
(October 22, 2009)
(June 30, 2009)