RS20871
The Iran Sanctions Act (ISA)
January 23, 2008
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Summary
No firms have been sanctioned under the Iran Sanctions Act (ISA), although the GAO reported in December 2007 said that the effects on Iran's economy of ISA and of other US sanctions are "difficult to determine." Legislation in the 109th Congress (P.L. 109-293) extended ISA until December 31, 2011, terminated application to Libya, and added provisions. Legislation in the 110th Congress, such as H.R. 1400 (passed by the House on September 25, 2007), would add still more provisions. See 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
