To impose sanctions and establish strict conditions on the termination of sanctions in response to acts of aggression by the Islamic Republic of Iran and the Russian Federation against the people of Ukraine, and for other purposes.
Summary
What This Bill Does
The bill requires imposition of sanctions with respect to Iranian financial institutions for supporting Russian aggression against Ukraine, provides limitation on removing Iranian persons from SDN list An Iranian person may not be removed from the SDN list unless the President submits to the appropriate congressional committees a certification that, and provides limitation on revocation of designation of Iran as jurisdiction of primary money laundering concern The designation of Iran as a jurisdiction of primary money laundering concern under section 5318A of title 31. It relies on compliance mandates, appropriations, trade restrictions, and procurement rules. The main policy areas are Transportation, Finance, Foreign Policy, and Criminal Justice.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Foreign businesses and cross-border trade participants affected by the bill would take on compliance duties, Financial services firms and customers affected by the bill would take on compliance duties, and Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.
Key Provisions
- Requires imposition of sanctions with respect to Iranian financial institutions for supporting Russian aggression against Ukraine.
- Provides limitation on removing Iranian persons from SDN list An Iranian person may not be removed from the SDN list unless the President submits to the appropriate congressional committees a certification that...
- Provides limitation on revocation of designation of Iran as jurisdiction of primary money laundering concern The designation of Iran as a jurisdiction of primary money laundering concern under section 5318A of title 31...
- Provides definitions In this Act: The term appropriate congressional committees means— the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires imposition of sanctions with respect to Iranian financial institutions for supporting Russian aggression against Ukraine, provides limitation on removing Iranian persons from SDN list An Iranian person may not be removed from the SDN list unless the President submits to the appropriate congressional committees a certification that, and provides limitation on revocation of designation of Iran as jurisdiction of primary money laundering concern The designation of Iran as a jurisdiction of primary money laundering concern under section 5318A of title 31.
Key Policy Areas
Transportation, Finance, Foreign Policy, Criminal Justice
Primary Purpose
The bill requires imposition of sanctions with respect to Iranian financial institutions for supporting Russian aggression against Ukraine, provides limitation on removing Iranian persons from SDN list An Iranian person may not be removed from the SDN list unless the President submits to the appropriate congressional committees a certification that, and provides limitation on revocation of designation of Iran as jurisdiction of primary money laundering concern The designation of Iran as a jurisdiction of primary money laundering concern under section 5318A of title 31.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Foreign businesses and cross-border trade participants affected by the bill
- Financial services firms and customers affected by the bill
- Federal, state, or local agencies responsible for implementing the clause
- Transportation operators and users affected by the bill
- Disaster response agencies and disaster-affected communities
Legislative Progress
IntroducedMr. Lankford introduced the following bill; which was read twice …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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