Enhanced Iran Sanctions Act of 2025

Hozzl · 2025-03-12T11:03:18Z

Explore the details of Senate Bill 556 Enhanced Iran Sanctions Act of 2025 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

3/12/2025, 11:03 AM

Summary of Bill S 556

Bill 119 s 556, also known as the "Iran Oil and Gas Sanctions Act," is a piece of legislation aimed at imposing sanctions on individuals or entities involved in logistical transactions and sanctions evasion related to oil, gas, liquefied natural gas, and petrochemical products from Iran. The bill specifically targets those who engage in activities that support Iran's energy sector, which is a key source of revenue for the Iranian government.

The sanctions outlined in the bill are designed to put pressure on Iran and deter them from engaging in activities that threaten regional stability and security. By targeting those who facilitate Iran's oil and gas exports, the bill aims to limit Iran's ability to fund activities that are detrimental to US interests and those of its allies.

In addition to imposing sanctions, the bill also includes provisions for reporting requirements and enforcement mechanisms to ensure compliance. It is part of a broader effort to address Iran's destabilizing behavior in the region and prevent them from obtaining the resources they need to support their malign activities. Overall, Bill 119 s 556 is a targeted and strategic approach to addressing Iran's activities in the energy sector and aims to hold accountable those who enable Iran to evade existing sanctions.

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Current Status of Bill S 556

Bill S 556 is currently in the status of Bill Introduced since February 12, 2025. Bill S 556 was introduced during Congress 119 and was introduced to the Senate on February 12, 2025. Bill S 556's most recent activity was Read twice and referred to the Committee on Foreign Relations. as of February 12, 2025

Bipartisan Support of Bill S 556

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Policy Area and Potential Impact of Bill S 556

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Alternate Title(s) of Bill S 556

A bill to impose sanctions with respect to persons engaged in logistical transactions and sanctions evasion relating to oil, gas, liquefied natural gas, and related petrochemical products from the Islamic Republic of Iran, and for other purposes.A bill to impose sanctions with respect to persons engaged in logistical transactions and sanctions evasion relating to oil, gas, liquefied natural gas, and related petrochemical products from the Islamic Republic of Iran, and for other purposes.

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