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Reinstating Certain Iran Sanctions and Blocking Fund Transfers

This bill reinstates certain statutory sanctions with respect to Iran that were waived or suspended pursuant to an agreement between the United States and Iran. This specifically includes the waiver regarding the transfer of funds from South Korea to Qatar. The legislation prohibits the U.S. Government from facilitating the release of funds or assets to Iran under such agreements.
Key points
Reinstatement of statutory sanctions on Iran that were previously waived or suspended under agreements.
Prohibition on U.S. Government actions facilitating the release of funds to Iran, specifically regarding the South Korea to Qatar transfer.
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Expired
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Additional Information
Print number: 118_S_3041
Sponsor: Sen. Cotton, Tom [R-AR]
Process start date: 2023-10-16
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to reinstate certain sanctions imposed with respect to Iran.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_3041.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-10-16.

What are the main provisions?

Key points include:

  • Reinstatement of statutory sanctions on Iran that were previously waived or suspended under agreements.
  • Prohibition on U.S. Government actions facilitating the release of funds to Iran, specifically regarding the South Korea to Qatar transfer.
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

Who is the primary sponsor?

The primary sponsor is Sen. Cotton, Tom [R-AR].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Security Economy