Expansion of Sanctions under the Iran Sanctions Act of 1996

Statutory Text

(a) In General.--Section 5 of the Iran Sanctions Act of 1996 (Public Law 104-172; 50 U.S.C. 1701 note) is amended--

(1) by striking subsection (a) and inserting the following: ``(a) Sanctions With Respect to the Development of Petroleum Resources of Iran, Production of Refined Petroleum Products in Iran, and Exportation of Refined Petroleum Products to Iran.-- ``(1) Development of petroleum resources of iran.-- ``(A) In general.--Except as provided in subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010-- ``(i) makes an investment described in subparagraph (B) of $20,000,000 or more; or ``(ii) makes a combination of investments described in subparagraph (B) in a 12-month period if each such investment is of at least $5,000,000 and such investments equal or exceed $20,000,000 in the aggregate. ``(B) Investment described.--An investment described in this subparagraph is an investment that directly and significantly contributes to the enhancement of Iran's ability to develop petroleum resources. ``(2) Production of refined petroleum products.-- ``(A) In general.--Except as provided in subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, sells, leases, or provides to Iran goods, services, technology, information, or support described in subparagraph (B)-- ``(i) any of which has a fair market value of $1,000,000 or more; or ``(ii) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more. ``(B) Goods, services, technology, information, or support described.--Goods, services, technology, information, or support described in this subparagraph are goods, services, technology, information, or support that could directly and significantly facilitate the maintenance or expansion of Iran's domestic production of refined petroleum products, including any direct and significant assistance with respect to the construction, modernization, or repair of petroleum refineries. ``(3) Exportation of refined petroleum products to iran.-- ``(A) In general.--Except as provided in subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010-- ``(i) sells or provides to Iran refined petroleum products-- ``(I) that have a fair market value of $1,000,000 or more; or ``(II) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more; or ``(ii) sells, leases, or provides to Iran goods, services, technology, information, or support described in subparagraph (B)-- ``(I) any of which has a fair market value of $1,000,000 or more; or ``(II) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more. ``(B) Goods, services, technology, information, or support described.--Goods, services, technology, information, or support described in this subparagraph are goods, services, technology, information, or support that could directly and significantly contribute to the enhancement of Iran's ability to import refined petroleum products, including-- ``(i) except as provided in subparagraph (C), underwriting or entering into a contract to provide insurance or reinsurance for the sale, lease, or provision of such goods, services, technology, information, or support; ``(ii) financing or brokering such sale, lease, or provision; or ``(iii) providing ships or shipping services to deliver refined petroleum products to Iran. ``(C) Exception for underwriters and insurance providers exercising due diligence.--The President may not impose sanctions under this paragraph with respect to a person that provides underwriting services or insurance or reinsurance if the President determines that the person has exercised due diligence in establishing and enforcing official policies, procedures, and controls to ensure that the person does not underwrite or enter into a contract to provide insurance or reinsurance for the sale, lease, or provision of goods, services, technology, information, or support described in subparagraph (B).'';

(2) in subsection (b)--

(A) by redesignating paragraphs (1) and (2) as subparagraphs (A) and (B), respectively, and moving such subparagraphs, as so redesignated, 2 ems to the right;

(B) by striking ``The President shall impose'' and inserting the following: ``(1) In general.--The President shall impose''; and

(C) in paragraph (1), as redesignated by subparagraph (B) of this paragraph, by striking ``two or more'' and all that follows through ``of this Act'' and inserting ``3 or more of the sanctions described in section 6(a) if the President determines that a person has, on or after the date of the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010''; and

(D) by adding at the end the following: ``(2) Additional mandatory sanctions relating to transfer of nuclear technology.-- ``(A) In general.--Except as provided in subparagraphs (B) and (C), in any case in which a person is subject to sanctions under paragraph (1) because of an activity described in that paragraph that relates to the acquisition or development of nuclear weapons or related technology or of missiles or advanced conventional weapons that are designed or modified to deliver a nuclear weapon, no license may be issued for the export, and no approval may be given for the transfer or retransfer, directly or indirectly, to the country the government of which has primary jurisdiction over the person, of any nuclear material, facilities, components, or other goods, services, or technology that are or would be subject to an agreement for cooperation between the United States and that government. ``(B) Exception.--The sanctions described in subparagraph (A) shall not apply with respect to a country the government of which has primary jurisdiction over a person that engages in an activity described in that subparagraph if the President determines and notifies the appropriate congressional committees that the government of the country-- ``(i) does not know or have reason to know about the activity; or ``(ii) has taken, or is taking, all reasonable steps necessary to prevent a recurrence of the activity and to penalize the person for the activity. ``(C) Individual approval.--Notwithstanding subparagraph (A), the President may, on a case-by-case basis, approve the issuance of a license for the export, or approve the transfer or retransfer, of any nuclear material, facilities, components, or other goods, services, or technology that are or would be subject to an agreement for cooperation, to a person in a country to which subparagraph (A) applies (other than a person that is subject to the sanctions under paragraph (1)) if the President-- ``(i) determines that such approval is vital to the national security interests of the United States; and ``(ii) not later than 15 days before issuing such license or approving such transfer or retransfer, submits to the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate the justification for approving such license, transfer, or retransfer. ``(D) Construction.--The restrictions in subparagraph (A) shall apply in addition to all other applicable procedures, requirements, and restrictions contained in the Atomic Energy Act of 1954 and other related laws. ``(E) Definition.--In this paragraph, the term `agreement for cooperation' has the meaning given that term in section 11 b. of the Atomic Energy Act of 1954 (42 U.S.C. 2014(b)). ``(F) Applicability.--The sanctions under subparagraph (A) shall apply only in a case in which a person is subject to sanctions under paragraph (1) because of an activity described in that paragraph in which the person engages on or after the date of the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010.'';

(3) in subsection (c)--

(A) by striking ``(b)'' each place it appears and inserting ``(b)(1)''; and

(B) by striking paragraph (2) and inserting the following: ``(2) any person that-- ``(A) is a successor entity to the person referred to in paragraph (1); ``(B) owns or controls the person referred to in paragraph (1), if the person that owns or controls the person referred to in paragraph (1) had actual knowledge or should have known that the person referred to in paragraph (1) engaged in the activities referred to in that paragraph; or ``(C) is owned or controlled by, or under common ownership or control with, the person referred to in paragraph (1), if the person owned or controlled by, or under common ownership or control with (as the case may be), the person referred to in paragraph (1) knowingly engaged in the activities referred to in that paragraph.''; and

(4) in subsection (f)--

(A) in the matter preceding paragraph (1), by striking ``(b)'' and inserting ``(b)(1)''; and

(B) in paragraph (2), by striking ``section 301(b)(1) of that Act (19 U.S.C. 2511(b)(1))'' and inserting ``section 301(b) of that Act (19 U.S.C. 2511(b))''.

Verbatim from the enrolled law as published by GovInfo; margin notes and page markers omitted. Pub. L. 111-195 on GovInfo · PDF · text fetched Oct. 17, 2026

How the Date Is Worked Out

1. Enacted July 1, 2010 (Pub. L. 111-195).
2. Deadline runs from an event, not a calendar date: 15 days before issuing such license or approving such transfer or retransfer, submits to the Committee on Foreign Affairs of the House of Representatives a.
3. No date can be set until the triggering event is publicly documented.

Delivery Status

Not publicly verifiable

Public Evidence

• No public document located that shows delivery.

Evidence Searched

• GovInfo Congressionally Mandated Reports collection: 1,209 packages listed; titles searched for Middle East terms; 55 State, Defense, Treasury and executive-office summaries checked for citations to Pub. L. 111-195 (0 found) (Oct. 17, 2026)
• Federal Register API: phrase “Comprehensive Iran Sanctions, Accountability, and Divestment Act”: 79 document titles searched (Oct. 17, 2026)
• MEF hand review: evidence.json, items with a link and a note on what the document shows (Oct. 17, 2026)

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Review

• Machine-extracted by rule from the public law text; awaiting named human review.