Florida Senate - 2010 (Corrected Copy) CS for SB 2520 By the Committee on Governmental Oversight and Accountability; and Senators Aronberg, Deutch, Lynn, Justice, Sobel, and Crist 585-04286-10 20102520c1 1 A bill to be entitled 2 An act relating to restrictions on business entities 3 doing business with Iran; providing definitions; 4 prohibiting the state from entering into, awarding, or 5 renewing a contract or purchasing agreement for 6 commodities or contractual services with, or receiving 7 or soliciting proposals for the acquisition of 8 commodities or contractual services from, any business 9 entity doing business with Iran; providing an 10 exception for the State Board of Administration; 11 providing for the cessation of such prohibition under 12 specified circumstances; directing the Department of 13 State, in conjunction with the Department of 14 Management Services, the Department of Business and 15 Professional Regulation, the Department of Legal 16 Affairs, and the State Board of Administration, to 17 develop a mechanism for the identification of business 18 entities doing business with the nation of Iran and 19 for the enforcement of the act; providing an effective 20 date. 21 22 Be It Enacted by the Legislature of the State of Florida: 23 24 Section 1. Restrictions on business entities doing business 25 with Iran.— 26 (1) DEFINITIONS.—For purposes of this section: 27 (a) “Business entity” means: 28 1. Any proprietorship, firm, enterprise, franchise, 29 organization, association, corporation, partnership, joint 30 venture, limited partnership, limited liability partnership, 31 limited liability company, trust, or other entity or business 32 association, including all wholly owned subsidiaries, majority 33 owned subsidiaries, parent companies, or affiliates of such 34 entities or business associations; or 35 2. Any self-employed individual, 36 37 whether fictitiously named or not, doing business in this state, 38 which exists for the purpose of making a profit. 39 (b) “Doing business with Iran” means: 40 1. Engaging in commerce in any form with Iran, including, 41 but not limited to, acquiring, developing, maintaining, owning, 42 selling, possessing, leasing, or operating equipment, 43 facilities, personnel, products, services, personal property, 44 real property, or any other apparatus of business or commerce. 45 2. Engaging in or in any way benefiting from dealings with, 46 or activities related to or involving, the nation of Iran. 47 (c) “Iran” means the Islamic Republic of Iran and includes 48 the government of Iran, its instrumentalities, and companies 49 owned or controlled by the government of Iran. 50 (2) PROHIBITED CONTRACTS.—The state may not enter into, 51 award, or renew a contract or purchasing agreement for 52 commodities or contractual services with, or receive or solicit 53 proposals for the acquisition of commodities or contractual 54 services from, any business entity doing business directly with 55 Iran. However, in order to administer investment portfolios as 56 provided in ss. 215.47 and 121.4501, the State Board of 57 Administration may enter into contracts and other agreements as 58 necessary to carry out the board’s investment duties. 59 (3) CESSATION OF PROHIBITION.—The prohibition under 60 subsection (2) is removed if the Congress or the President of 61 the United States affirmatively and unambiguously declares, by 62 means including, but not limited to, legislation, executive 63 order, or written certification from the President to Congress, 64 that the prohibition of contracts, awards, and agreements 65 provided in subsection (2) interferes with the conduct of United 66 States foreign policy. 67 (4) IDENTIFICATION OF BUSINESS ENTITIES; ENFORCEMENT.—The 68 Department of State, in conjunction with the Department of 69 Management Services, the Department of Business and Professional 70 Regulation, the Department of Legal Affairs, and the State Board 71 of Administration, shall develop a mechanism for the 72 identification of business entities doing business with the 73 nation of Iran and for the enforcement of this section. 74 Section 2. This act shall take effect October 1, 2010.