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PUNISH Act: Strengthening Iran Sanctions and Protecting US Citizens

This act aims to maintain and strengthen economic sanctions against Iran. Its primary goal is to prevent assassination attempts on US officials, US citizens, and Iranian nationals residing in the US. This means existing financial and trade restrictions on Iran will remain in effect, impacting international transactions and citizen safety.
Key points
The act keeps existing economic sanctions against Iran in place, including those on industrial and financial sectors.
It prohibits lifting sanctions until the Iranian government ceases assassination attempts on US citizens and Iranian residents in the US.
It requires regular US government reports assessing whether Iran continues to support terrorist activities and assassination attempts.
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Additional Information
Print number: 117_HR_8947
Sponsor: Rep. Waltz, Michael [R-FL-6]
Process start date: 2022-09-21