New Senate bill seeks to make 1996 Iranian energy sanctions permanent
(August 17, 2022 / JNS) A bipartisan group of senators presented a invoice it would make permanent the energy sanctions imposed on Iran in 1996.
Co-sponsors of the Solidify Iran Sanctions Act (SISA) wrote in a press release that the bill was necessitated by Iran’s pursuit of a nuclear weapon and malign activities in the Middle East constituting a danger to Israel, America’s Arab partners and the US military. regional staff.
Written and presented Aug. 2 by Sen. Tim Scott (RS.C.), its original co-sponsors included Sens. Maggie Hassan (DN.H.), Bill Hagerty (R-Tenn.) and Jacky Rosen (D-Nev.).
“The United States, Israel and our Arab partners remain concerned about the imminent threat that a nuclear Iran poses to regional stability,” Scott said in a statement. Release. “US sanctions are a necessary deterrent to this dangerous and unstable regime, which is why my bill will make permanent the cornerstone of sanctions against Iran.”
“Iran has repeatedly undertaken destabilizing activities in the Middle East. This bipartisan legislation will ensure that we continue US sanctions against Iran, which are important in limiting Iran’s ability to research weapons and technologies that threaten our national security and the security of Israel, our most powerful partner. in the region,” Hassan said.
The bill, backed by AIPAC and the Foundation for Defense of Democracies, would make permanent the sanctions enacted in the Iran Sanctions Act (ISA) of 1996, which allows the president to impose secondary sanctions to the Iranian energy sector. The provisions of the ISA have also expanded over the years to include other industries. Companies that violate the ISA’s “triggers” also face penalties.
“The Iran Sanctions Act has helped bring Iran to the negotiating table. For decades, Congress has extended this critical legislation on a bipartisan basis,” Rosen said in the statement. “With Iran closer than ever to a nuclear weapon, I am proud to join my colleagues in introducing bipartisan legislation that ensures we maintain the full range of our economic and diplomatic tools to prevent Iran from acquire a nuclear weapons capability.”
After being introduced, the bill was referred to the Senate Banking, Housing and Urban Affairs Committee for consideration.
“As Iran increases its nuclear and ballistic missile threats and its support for terrorism and militancy in the Middle East, the United States should not ease sanctions and make it easier for the regime to continue its malign behavior,” Hagerty said.