RS20871
The Iran Sanctions Act (ISA)
July 09, 2007
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Summary
No firms have been sanctioned under the Iran Sanctions Act (ISA). Set to expire in August 2006, legislation in the 109th Congress (the "Iran Freedom Support Act, P.L. 109-293) extended it until December 31, 2011, terminated application to Libya, and added provisions, although with substantial Administration flexibility in implementation. Proposed ISA-related legislation in the 110th Congress, such as H.R. 1400, would remove some of that flexibility. See also CRS Report RL32048, Iran: U.S. Concerns and Policy Responses, by Kenneth Katzman.
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Related Legislation:
- H.R.1400
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Related Reports:
- RS20871
