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Iran Foreign Oil Sanctions Act of 1995

Introduced: November 10, 1995 See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 20, 1995
Referred to the Subcommittee on Trade.
Nov 17, 1995
Referred to the Subcommittee on Domestic and International Monetary Policy.
Nov 16, 1995
Referred to the Subcommittee on Government Management, Information and Technology.
Nov 10, 1995
Referred to the Committee on International Relations, and in addition to the Committees on Ways and Means, Banking and Financial Services, and Government Reform and Oversight, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 10, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Iran Foreign Oil Sanctions Act of 1995 - Directs the President to impose certain 12-month economic sanctions against foreign persons who, with requisite knowledge, export goods or technology that would contribute to Iran's ability to extract, refine, produce, store, or transport petroleum or natural gas products.

Prohibits the importation into the United States of products produced by any sanctioned foreign person.

Waives the requirements of this Act if the President certifies to the appropriate congressional committees that Iran has: (1) substantially improved its adherence to internationally recognized standards of human rights; (2) ceased its efforts to develop or acquire a nuclear explosive device, chemical or biological weapons, or missiles or related delivery systems; and (3) ceased support for acts of international terrorism. Sets forth additional criteria for such a waiver.

Directs the President to establish a List of Petroleum and Natural Gas-Related Goods and Technology which shall be subject to the export control restrictions of this Act.

Requires the President to report periodically to the appropriate congressional committees on Iran's: (1) nuclear and other military capabilities; and (2) support, if any, for acts of international terrorism.

What's happening now November 20, 1995

Referred to the Subcommittee on Trade.

 Committees of jurisdiction 7
 Cosponsors 1
All 1 Democratic 1