[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 957 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 957

   To amend the Iran Sanctions Act of 1996 to expand and clarify the 
            entities against which sanctions may be imposed.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 8, 2007

Ms. Ros-Lehtinen (for herself, Mr. Lantos, Mr. Pence, Mr. Ackerman, Mr. 
Chabot, Mr. Sherman, Mr. Poe, Ms. Berkley, Mr. Royce, Mr. Faleomavaega, 
  Mr. McCotter, Mr. Crowley, Mr. Burton of Indiana, and Mr. Klein of 
   Florida) introduced the following bill; which was referred to the 
  Committee on Foreign Affairs, and in addition to the Committees on 
   Financial Services, Ways and Means, and Oversight and Government 
 Reform, for a period to be subsequently determined by the Speaker, in 
   each case for consideration of such provisions as fall within the 
                jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
   To amend the Iran Sanctions Act of 1996 to expand and clarify the 
            entities against which sanctions may be imposed.

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

SECTION 1. EXPANSION AND CLARIFICATION OF ENTITIES AGAINST WHICH 
              SANCTIONS MAY BE IMPOSED PURSUANT TO THE IRAN SANCTIONS 
              ACT OF 1996.

    Section 14 of the Iran Sanctions Act of 1996 (50 U.S.C. 1701 note) 
is amended--
            (1) in paragraph (13)(B)--
                    (A) by inserting after ``trust,'' the following: 
                ``financial institution, insurer, underwriter, 
                guarantor, any other business organization, including 
                any foreign subsidiaries of the foregoing,''; and
                    (B) by inserting before the semicolon at the end 
                the following: ``, such as an export credit agency''; 
                and
            (2) in paragraph (14), by inserting after ``petroleum'' the 
        second place it appears the following: ``, petroleum by-
        products, liquified natural gas,''.
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