On the recordJune 15, 2006
My understanding is that we crafted this language pursuant to the language the Senator from New Jersey used in the past and put a threshold we thought was--I think it was a $20 million threshold we put in place which we thought was a reasonable threshold of investment to reach the level of sanction. If the Senator from New Jersey would like to toughen that language or change the threshold, I would be happy to sit down and talk with him about it. I am open to discussion. My only point, and I think the point we have had in this discussion in the past, is I don't believe it is proper to penalize companies that have investments there, in many cases longstanding investments. What we want to do is discourage future investment. That is what we attempt to do in this amendment. If the Senator does not believe it has been effectively written, I will be happy to sit down with him, in all sincerity, and work to make it effective that future investments are discouraged.
Source
govinfo.gov




