Introduced less than a week before the P5+1 and Iran’s deadline for a final nuclear agreement, this bill would extend the Iran Sanctions Act of 1996 (ISA) through 12/31/26 and require the secretary of the treasury, in consultation with the director of national intelligence, to report to Congress on the total sanctions relief provided to Iran since the negotiations began, any Iranian use of those funds to support international terrorism or the Syrian government, and any diversion of those funds by Iranian officials into personal accounts.
Similar versions of this provision were included in 2 versions of the Intelligence Authorization Act for FY 2016, S. 1705 of 7/7/15 and H.R. 4127 of 11/30/15; a version of it eventually passed into law as part of the omnibus appropriations bill for FY 2016, *H.R. 2029 of 4/24/15.
4 cosponsors (3R, 1D).
Last major action: 6/25/15 referred to Senate Comm. on Banking, Housing, and Urban Affairs.