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Iran Oil Sanctions Act of 1995

Introduced: September 8, 1995 See on congress.gov
This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 20 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 19, 1996
Referred to the Subcommittee on Domestic and International Monetary Policy.
Dec 21, 1995
Message on Senate action sent to the House.
Dec 21, 1995
Referred to the Committee on International Relations, and in addition to the Committee on Banking and Financial Services, 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.
Dec 21, 1995
Received in the House.
Dec 20, 1995
Passed Senate with an amendment and an amendment to the Title by Voice Vote.
Dec 20, 1995
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.
Dec 20, 1995
The committee substitute as amended agreed to by Voice Vote.
Dec 20, 1995
Measure laid before Senate. (consideration: CR S19015-19018)
Dec 19, 1995
Returned to the Calendar. Calendar No. 280. (consideration: CR S18835)
Dec 19, 1995
Senate vitiated previous passage. (consideration: CR S18835)
Dec 18, 1995
Passed Senate with an amendment and an amendment to the Title by Voice Vote. (consideration: CR S18828-18830)
Dec 18, 1995
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Voice Vote.(consideration: CR S18828-18830)
Dec 18, 1995
Sponsor introductory remarks on measure. (CR S18829)
Dec 15, 1995
Placed on Senate Legislative Calendar under General Orders. Calendar No. 280.
Dec 15, 1995
Committee on Banking. Reported to Senate by Senator D'Amato with an amendment in the nature of a substitute and an amendment to the title. With written report No. 104-187.
Dec 12, 1995
Committee on Banking. Ordered to be reported with an amendment in the nature of a substitute favorably.
Oct 11, 1995
Committee on Banking. Hearings held.
Sep 8, 1995
Read twice and referred to the Committee on Banking.
Sep 8, 1995
Sponsor introductory remarks on measure. (CR S12963-12964)
Sep 8, 1995
Introduced in Senate
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

1 agreed to

AmendmentSponsorPurposeStatusLatest action
SAMDT 3,106 To deter investment in the development of Libya's petroleum resources. Agreed to Dec 20, 1995
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 Plain-English summary Congressional Research Service

Iran Oil Sanctions Act of 1995 - Directs the President to impose certain credit sanctions against persons who, with actual knowledge, have made an investment of more than $40 million in any 12-month period that has significantly contributed to the development of petroleum resources in Iran. Requires the President to publish in the Federal Register a list of persons that are subject to such sanctions.

Authorizes the Secretary of State, upon the request of any person, to issue an advisory opinion as to whether a proposed activity would subject that person to sanctions under this Act.

Authorizes waiver of the requirements of this Act if the President reports to specified congressional committees that it is important to U.S. national interest to exercise such waiver.

Terminates such sanctions if the President certifies to the appropriate congressional committees that Iran has: (1) ceased its efforts to develop or acquire a nuclear explosive device, chemical or biological weapons, or ballistic missiles or related launch technology; and (2) been removed from the list of state sponsors of international terrorism.

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

What's happening now January 19, 1996

Referred to the Subcommittee on Domestic and International Monetary Policy.

 Related & companion bills 1
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
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APA
U.S. Congress. (2026). S. 1228: Iran Oil Sanctions Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-S-1228/
MLA
"S. 1228: Iran Oil Sanctions Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-S-1228/.
Bluebook (legal)
S. 1228, 104th Cong. (2026), https://openamerica.io/bill/104-S-1228/.
Markdown link
[S. 1228: Iran Oil Sanctions Act of 1995](https://openamerica.io/bill/104-S-1228/)
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