General Assembly Substitute Bill No. 5464
February Session, 2012 *_____HB05464GAE___033012____*
General Assembly
Substitute Bill No. 5464
February Session, 2012
*_____HB05464GAE___033012____*
AN ACT PROHIBITING STATE CONTRACTS WITH ENTITIES MAKING CERTAIN INVESTMENTS IN IRAN.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective October 1, 2012) (a) No state agency shall contract with any entity that is named on the list compiled by the Department of Administrative Services under subsection (b) of this section.
(b) Not later than January 2, 2013, the Department of Administrative Services shall post on its Internet web site a list of entities that have invested twenty million dollars or more in the energy or financial sectors of Iran. In compiling such list, the department may use the list compiled pursuant to the New York Iran Divestment Act of 2012. Not later than December 1, 2012, the department shall provide written notice to each affected entity of the department's intention to include such entity on such list and of the prohibition contained in subsection (a) of this section and shall allow thirty days for the entity to respond prior to posting such entity's name on the list. If the entity offers no written response to such notice or fails to demonstrate to the department's satisfaction that such entity is not subject to such prohibition, the department shall include such entity on the initial list. If the entity successfully demonstrates in writing to the department's satisfaction that it is not subject to such prohibition, the department shall not include the entity on the list.
(c) The department shall update such list not less than quarterly, in accordance with the procedure set forth in subsection (b) of this section for the compilation of the initial list.
(d) If the Office of Foreign Assets Control and the United States Department of the Treasury remove all sanctions on Iran, the department shall remove such list from its web site and the prohibition contained in subsection (a) of this section shall no longer apply.
(e) For purposes of this section, "entity" means any person, partnership, corporation or limited liability company.
Sec. 2. Subsection (i) of section 4a-100 of the 2012 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2012):
(i) The commissioner may not issue or renew a prequalification certificate to any contractor or substantial subcontractor (1) who is disqualified pursuant to section 31-57c or 31-57d, [or] (2) who has a principal or key personnel who, within the past five years, has a conviction or has entered a plea of guilty or nolo contendere for or has admitted to commission of an act or omission that reasonably could have resulted in disqualification pursuant to any provision of subdivisions (1) to (3), inclusive, of subsection (d) of section 31-57c or subdivisions (1) to (3), inclusive, of subsection (d) of section 31-57d, as determined by the commissioner, or (3) who is named on the list of entities compiled in accordance with section 1 of this act.
This act shall take effect as follows and shall amend the following sections:
Section 1 October 1, 2012 New section
Sec. 2 October 1, 2012 4a-100(i)
This act shall take effect as follows and shall amend the following sections:
Section 1
October 1, 2012
New section
Sec. 2
October 1, 2012
4a-100(i)
Statement of Legislative Commissioners:
Section 1(b) was rephrased and divided into subsections for clarity.
GAE Joint Favorable Subst.-LCO
GAE
Joint Favorable Subst.-LCO