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, supported by the Iranian government. This means existing trade and financial restrictions on Iran will remain in effect until Iran ceases such activities.
Key points
The act keeps existing economic sanctions against Iran in effect, including those on industrial and financial sectors.
It prohibits the waiver or reduction of sanctions until the Iranian government ceases assassination attempts on US citizens and Iranian residents in the US.
Requires regular reports from the US government assessing whether Iran continues to support terrorist activities or assassination attempts.
Maintains the designation of the Islamic Revolutionary Guard Corps as a foreign terrorist organization.
Expired
Additional Information
Print number: 118_HR_5912
Sponsor: Rep. Waltz, Michael [R-FL-6]
Process start date: 2023-10-25