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A bill to terminate certain waivers of sanctions with respect to Iran issued in connection with the Joint Comprehensive Plan of Action, and for other purposes.

12/16/2023, 9:45 PM

Summary of Bill S 256

Bill 118 s 256, also known as the "Iran Sanctions Termination Act," is a piece of legislation that aims to end certain waivers of sanctions on Iran that were put in place as part of the Joint Comprehensive Plan of Action (JCPOA). The JCPOA, also known as the Iran nuclear deal, was an agreement between Iran and several world powers aimed at limiting Iran's nuclear program in exchange for sanctions relief.

The bill seeks to terminate these waivers of sanctions in order to increase pressure on Iran and hold them accountable for their actions. It also includes provisions for other purposes, although the specifics of these purposes are not detailed in the bill itself.

Overall, the bill is focused on taking a tougher stance on Iran and ensuring that they are held to account for any violations of the JCPOA or other international agreements. It is likely to be a contentious issue in Congress, with supporters arguing that it is necessary to prevent Iran from obtaining nuclear weapons, while opponents may argue that it could lead to increased tensions in the region.

Congressional Summary of S 256

This bill revokes certain waivers of sanctions relating to Iran's nuclear activity, including for (1) the modernization or redesign of the Arak reactor, and (2) the preparation or modification of centrifuge cascades at the Fordow facility. The bill also prohibits the President from issuing a new waiver relating to such activities.

Current Status of Bill S 256

Bill S 256 is currently in the status of Bill Introduced since February 2, 2023. Bill S 256 was introduced during Congress 118 and was introduced to the Senate on February 2, 2023.  Bill S 256's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of February 2, 2023

Bipartisan Support of Bill S 256

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
24
Democrat Cosponsors
0
Republican Cosponsors
24
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 256

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill S 256

A bill to terminate certain waivers of sanctions with respect to Iran issued in connection with the Joint Comprehensive Plan of Action, and for other purposes.
A bill to terminate certain waivers of sanctions with respect to Iran issued in connection with the Joint Comprehensive Plan of Action, and for other purposes.

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