A bill to reinstate certain sanctions imposed with respect to Iran.

Bill: 118-s-3041
Sponsor: full_name: Sen. Cotton, Tom [R-AR]
Introduced: 2023-10-16
Policy area: International Affairs
Subjects: Foreign and international banking

Iran

Middle East

Sanctions
Latest action: action_date: 2023-10-16
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summaries:
action_date: 2023-10-16
action_desc: Introduced in Senate
text: <p>This bill reinstates any statutory sanctions against Iran that had been waived, reduced, or otherwise relieved pursuant to any agreement between the United States and Iran.</p>

tv_txt: II 118th CONGRESS 1st Session S. 3041 IN THE SENATE OF THE UNITED STATES October 16, 2023 Mr. Cotton (for himself, Mr. McConnell , Mrs. Blackburn , Mrs. Britt , Mrs. Capito , Ms. Collins , Mr. Cramer , Mr. Crapo , Mr. Daines , Ms. Ernst , Mrs. Fischer , Mr. Graham , Mr. Grassley , Mr. Hagerty , Mr. Hawley , Mr. Hoeven , Mr. Kennedy , Ms. Lummis , Mr. Mullin , Mr. Ricketts , Mr. Scott of South Carolina , Mr. Scott of Florida , Mr. Sullivan , Mr. Tillis , Mr. Tuberville , Mr. Vance , Mr. Cornyn , Mr. Boozman , Mr. Budd , Mr. Braun , and Mr. Young ) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs A BILL To reinstate certain sanctions imposed with respect to Iran.

1. Reinstatement of certain sanctions imposed with respect to Iran Any statutory sanctions imposed with respect to Iran pursuant to section 1244(c)(1) or 1247(a) of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8803(c)(1) and 8806(a)), or section 1245(d)(1) of the National Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(1)), that were waived, suspended, reduced, or otherwise relieved pursuant to an agreement between the United States and the Islamic Republic of Iran, including any waiver that is the subject of the document entitled Waiver of Sanctions with Respect to the Transfer of Funds from the Republic of Korea to Qatar and transmitted to Congress on September 11, 2023, are hereby reinstated and any action by the United States Government to facilitate the release of funds or assets to Iran pursuant to such agreement, or provide any further waiver, suspension, reduction, or other relief pursuant to such agreement, is hereby prohibited.