Share
Email
PrintSenators introduce enhanced Iran sanctions bill
WASHINGTON (JTA) -- U.S. senators introduced an enhanced Iran sanctions bill matching one recently introduced in the U.S. House of Representatives.
The crux of both bills is a ban on business with any entity that does $1 million in a single trade with Iran's energy sector, or $5 million over one year. The current threshold is $20 million in business per year.
Like the House bill introduced earlier this month, the bill introduced May 24 by Sens. Robert Menendez (D-N.J.), Joseph Lieberman (I-Conn.) and Jon Kyl (R-Ariz.) includes sanctions on materials used by Iran to crush its democracy movement and expands funding for democracy groups.
It also requires the Obama administration to seek further sanctions through the U.N. Security Council.
Members of both parties say the Obama administration has not sufficiently exploited enhanced sanctions passed and enacted a year ago. Authors of the bills in the House and Senate have said that the legislation is in part a bid to force the president's hand.
Don't miss out! Get the JTA Daily Briefing delivered FREE to your inbox!
Click to login and write a letter to the editor.
This article was made possible by the support of readers like you. Donate to JTA now.
Featured Content
Need to know? Get JTA's free e-newsletters!
- Man in custody implicated himself in Etan Patz’ disappearance
- Romney to meet with Jewish donors
- Senate hikes funding for non-profit security, emergency food aid
- OU welcomes Romney’s school choice proposal
- House letter urging Iran diplomacy garners 71 signatures
- White House sets May 30 for Jewish Heritage
- Bulgaria’s economic crisis has its Jewish community facing harsh realities
- French railroad inks deal with Yad Vashem to research deportations
