A bill to reinstate certain sanctions imposed with respect to Iran.

3/14/2024, 6:12 AM

Summary of Bill S 3041

Bill 118 s 3041, also known as the "Iran Sanctions Reinstatement Act," is a piece of legislation introduced in the US Congress. The bill aims to reinstate certain sanctions that were previously imposed on Iran. These sanctions were lifted as part of the 2015 Iran nuclear deal, officially known as the Joint Comprehensive Plan of Action (JCPOA).

The bill specifically targets Iran's nuclear program, ballistic missile development, and support for terrorism. It seeks to reimpose sanctions on individuals and entities involved in these activities, as well as on foreign companies that do business with Iran in these areas.

Supporters of the bill argue that reinstating these sanctions is necessary to hold Iran accountable for its actions and to prevent it from obtaining nuclear weapons. They believe that the JCPOA did not go far enough in addressing Iran's aggressive behavior in the region. Opponents of the bill, on the other hand, argue that reimposing sanctions could jeopardize the diplomatic progress made with Iran through the JCPOA. They believe that the deal was a crucial step towards preventing Iran from developing nuclear weapons and that reinstating sanctions could lead to increased tensions in the region. Overall, Bill 118 s 3041 is a contentious piece of legislation that highlights the ongoing debate over US policy towards Iran and the effectiveness of sanctions in addressing international security concerns.

Congressional Summary of S 3041

This bill reinstates any statutory sanctions against Iran that had been waived, reduced, or otherwise relieved pursuant to any agreement between the United States and Iran.

Current Status of Bill S 3041

Bill S 3041 is currently in the status of Bill Introduced since October 16, 2023. Bill S 3041 was introduced during Congress 118 and was introduced to the Senate on October 16, 2023.  Bill S 3041's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of October 16, 2023

Bipartisan Support of Bill S 3041

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
78
Democrat Cosponsors
4
Republican Cosponsors
74
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3041

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill S 3041

A bill to reinstate certain sanctions imposed with respect to Iran.A bill to reinstate certain sanctions imposed with respect to Iran.
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