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SHIP Act: New Sanctions on Iranian Petroleum Trade

This act introduces new sanctions against individuals and entities that facilitate Iran's petroleum exports. The goal is to limit Iran's funding for activities deemed destabilizing. US citizens are not directly affected, but the act may influence global oil markets and international relations.
Key points
Blocking of property and visa ineligibility for those supporting Iranian oil exports.
Sanctions apply to ports, vessels, refineries, and individuals transporting or trading Iranian petroleum.
The U.S. President can waive sanctions if vital to national interests or if the entity ceases illicit activities.
The act mandates regular reports on Iranian petroleum exports, including to China.
article Official text account_balance Process page
VOTING RESULTS
2023-11-03
83%
For 342
Against 69
Abstain 0
Full voting results open_in_new
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_3774
Sponsor: Rep. Lawler, Michael [R-NY-17]
Process start date: 2023-05-31
Voting date: 2023-11-03
Meeting no: 1
Voting no: 598
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SHIP Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_3774.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-05-31.

What are the main provisions?

Key points include:

  • Blocking of property and visa ineligibility for those supporting Iranian oil exports.
  • Sanctions apply to ports, vessels, refineries, and individuals transporting or trading Iranian petroleum.
  • The U.S. President can waive sanctions if vital to national interests or if the entity ceases illicit activities.
  • The act mandates regular reports on Iranian petroleum exports, including to China.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Where is the official voting record?

The official roll call vote is recorded at: voting record

Who is the primary sponsor?

The primary sponsor is Rep. Lawler, Michael [R-NY-17].

What is the latest detailed status?

The latest detailed status is: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 240.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Security