II 

113TH CONGRESS 

1ST SESSION S. 1001 

To impose sanctions with respect to the Government of Iran. 

IN THE SENATE OF THE UNITED STATES 

MAY 21, 2013 

Mr. CORNYN (for himself, Mr. KIRK, Mr. CRUZ, Mr. BLUNT, Mr. ROBERTS, 

Mr. CHAMBLISS, Mr. RISCH, Mr. COATS, Mr. GRAHAM, Mr. WICKER, 

Mrs. FISCHER, Mr. BOOZMAN, Mr. CRAPO, Mr. ISAKSON, Mr. HOEVEN, 

Mr. RUBIO, and Mr. VITTER) introduced the following bill; which was 

read twice and referred to the Committee on Banking, Housing, and 

Urban Affairs 

A BILL 

To impose sanctions with respect to the Government of Iran. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Iran Export Embargo 

5 Act’’. 

6 SEC. 2. IMPOSITION OF SANCTIONS WITH RESPECT TO THE 

7 GOVERNMENT OF IRAN. 

8 The Iran Freedom and Counter-Proliferation Act of 

9 2012 (22 U.S.C. 8801 et seq.) is amended by inserting 

10 after section 1245 the following: 


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1 ‘‘SEC. 1245A. IMPOSITION OF SANCTIONS WITH RESPECT TO 

2 THE GOVERNMENT OF IRAN. 

3 ‘‘(a) FINDINGS.—Congress makes the following find4 ings: 

5 ‘‘(1) The Government of Iran stands in viola6 tion of the United Nations Universal Declaration of 

7 Human Rights, adopted at Paris December 10, 

8 1948, by denying its citizens basic freedoms, includ9 ing the freedoms of expression, religion, and peaceful 

10 assembly and movement, and for flagrantly abusing 

11 the rights of minorities and women. 

12 ‘‘(2) The Government of Iran remains the lead13 ing state sponsor of terrorism in the world. That 

14 Government’s sponsorship of terrorism includes re15 cent involvement in a terrorist attack in Bulgaria, a 

16 plot to blow up a cafe in Washington, DC, a plot to 

17 assassinate United States officials in the Republic of 

18 Azerbaijan, and attempted terrorist attacks in Can19 ada and the Republic of Georgia. 

20 ‘‘(3) The Government of Iran stands in viola21 tion of United Nations Security Council Resolutions 

22 1737 (2006), 1747 (2007), 1803 (2008), and 1929 

23 (2010) by refusing to suspend proliferation-sensitive 

24 nuclear activities, including all enrichment-related 

25 and reprocessing activities and work on all heavy 

26 water-related projects. 


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1 ‘‘(4) The Government of Iran continues to de2 velop ballistic missiles capable of threatening the in3 terests and allies of the United States. 

4 ‘‘(5) The Government of Iran stands in viola5 tion of United Nations Security Council Resolution 

6 1701 (2006) by its continued transfer of arms to 

7 terrorist groups in southern Lebanon. 

8 ‘‘(6) The Government of Iran continues to pro9 vide arms to terrorist groups in the Gaza Strip. 

10 ‘‘(7) The Government of Iran continues to sup11 port the Government of Syria in carrying out human 

12 rights abuses and crimes against humanity against 

13 the people of Syria. 

14 ‘‘(b) BLOCKING OF PROPERTY.—On and after the 

15 date that is 60 days after the date of the enactment of 

16 this Act, the President shall block and prohibit all trans17 actions in all property and interests in property of a per18 son described in subsection (f) if such property and inter19 ests in property are in the United States, come within the 

20 United States, or are or come within the possession or 

21 control of a United States person. 

22 ‘‘(c) FACILITATION OF CERTAIN TRANSACTIONS.— 

23 The President shall prohibit the opening, and prohibit or 

24 impose strict conditions on the maintaining, in the United 

25 States of a correspondent account or a payable-through 


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1 account by a foreign financial institution that the Presi2 dent determines has knowingly, on or after the date that 

3 is 60 days after the date of the enactment of this Act, 

4 conducted or facilitated a significant transaction with re5 spect to the importation, sale, or transfer of goods or serv6 ices from Iran on behalf of a person described in sub7 section (f). 

8 ‘‘(d) IMPORTATION, SALE, OR TRANSFER OF GOODS

9 AND SERVICES FROM IRAN.—The President shall impose 

10 sanctions pursuant to the International Emergency Eco11 nomic Powers Act (50 U.S.C. 1701 et seq.) with respect 

12 to a person if the President determines that the person 

13 knowingly, on or after the date that is 60 days after the 

14 date of the enactment of this Act, imports, purchases, or 

15 transfers goods or services from a person described in sub16 section (f). 

17 ‘‘(e) INSURANCE AND REINSURANCE.— 

18 ‘‘(1) IN GENERAL.—The President shall impose 

19 sanctions pursuant to the International Emergency 

20 Economic Powers Act (50 U.S.C. 1701 et seq.) with 

21 respect to a person if the President determines that 

22 the person knowingly, on or after the date that is 60 

23 days after the date of the enactment of this Act, 

24 provides underwriting services or insurance or rein25 surance to a person described in subsection (f). 


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1 ‘‘(2) EXCEPTION FOR UNDERWRITERS AND IN2 SURANCE PROVIDERS EXERCISING DUE DILI3 GENCE.—The President may not impose sanctions 

4 under paragraph (1) with respect to a person that 

5 provides underwriting services or insurance or rein6 surance if the President determines that the person 

7 has exercised due diligence in establishing and en8 forcing official policies, procedures, and controls to 

9 ensure that the person does not underwrite or enter 

10 into a contract to provide insurance or reinsurance 

11 for a person described in subsection (f). 

12 ‘‘(f) PERSONS DESCRIBED.—A person described in 

13 this subsection is any of the following: 

14 ‘‘(1) The state and the Government of Iran, or 

15 any political subdivision, agency, or instrumentality 

16 of that Government, including the Central Bank of 

17 Iran. 

18 ‘‘(2) Any person owned or controlled, directly or 

19 indirectly, by that Government. 

20 ‘‘(3) Any person acting or purporting to act, di21 rectly or indirectly, for or on behalf of that Govern22 ment. 

23 ‘‘(4) Any other person determined by the Presi24 dent to be described in paragraph (1), (2), or (3). 


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1 ‘‘(g) RULE OF CONSTRUCTION.—A person described 

2 in subsection (f) is subject to sanctions under this section 

3 without regard to whether the name of the person is pub4 lished in the Federal Register or incorporated into the list 

5 of specially designated nationals and blocked persons 

6 maintained by the Office of Foreign Assets Control of the 

7 Department of the Treasury. 

8 ‘‘(h) APPLICABILITY TO EXPORTS OF CRUDE OIL

9 FROM IRAN.—Subsections (c) and (d) shall apply with re10 spect to the exportation, importation, sale, or transfer of 

11 crude oil from Iran on and after the date that is 180 days 

12 after the date of the enactment of this Act.’’. 

Æ 


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