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.
Introduced in House
Introduced in House
Referred to House Committee on Foreign Affairs.
Referred to House Committee on Energy and Commerce.
Referred to Subcommittee on Telecommunications and Finance.
Referred to Subcommittee on International Economic Policy and Trade.
Referred to Subcommittee on Africa.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
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