Michigan Compiled Laws Act 517 Of 2012 Iran Economic Sanctions Act (129.311 - 129.316)

AN ACT to prohibit persons who have certain economic relationships with Iran from submitting bids on requests for proposals with this state, political subdivisions of this state, and other public entities; to require bidders for certain public contracts to submit certification of eligibility with the bid; to require reports; and to provide for sanctions for false certification.

History: 2012, Act 517, Eff. Apr. 1, 2013

Section 129.311 Short Title.
This act shall be known and may be cited as the "Iran economic sanctions act". History: 2012, Act 517, Eff. Apr. 1, 2013
Section 129.312 Definitions.
As used in this act: (a) "Energy sector of Iran" means activities to develop petroleum or natural gas resources or nuclear power in Iran....
Section 129.313 Ineligibility Of Iran Linked Business To Submit Request For Proposal Bid; Certification.
(1) Beginning April 1, 2013, an Iran linked business is not eligible to submit a bid on a request for proposal with a public...
Section 129.314 Effect Of False Certification.
If a public entity determines, using credible information available to the public, that a person has submitted a false certification under section 3(2), the...
Section 129.315 Civil Action; Penalty.
The attorney general may bring a civil action against any person reported under section 4. If a civil action results in a finding that...
Section 129.316 Conditional Effect.
The provisions of this act are effective only if Iran is a state sponsor of terror as defined under section 2 of the divestment...

Last modified: October 10, 2016