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HR 2880 110th Congress House International Affairs Commerce Commercial blacklisting Congress and foreign policy Congressional oversight Congressional reporting requirements Energy Energy development Foreign Trade and International Finance Foreign investments Government Operations and Politics Imports Iran Middle East and North Africa Petroleum Petroleum industry President and foreign policy Sanctions (International law)

Iran Sanctions Enhancement Act of 2007

Introduced: June 27, 2007 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 3, 2007
Referred to the Subcommittee on Trade.
Jun 28, 2007
Sponsor introductory remarks on measure. (CR H7346)
Jun 27, 2007
Referred to the Committee on Foreign Affairs, and in addition to the Committees on Financial Services, Oversight and Government Reform, and Ways and Means, 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.
Jun 27, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Iran Sanctions Enhancement Act of 2007 - Amends the Iran Sanctions Act of 1996 to direct the President to impose two or more sanctions under such Act if a person has, with actual knowledge: (1) made an investment of $20 million or more (or any combination of investments of at least $5 million which in the aggregate equals or exceeds $20 million in any 12-month period) that directly and significantly contributed to Iran's ability to develop its petroleum resources; or (2) on or after December 31, 2007, provided Iran with refined petroleum resources or engaged in an activity that could contribute to the enhancement of Iran's ability to import refined petroleum resources. (Under current law, imposes sanctions upon investments of $40 million and does not include refined petroleum resource imports.)

Extends existing presidential waiver authority to such activities.

Directs the President to report to the appropriate congressional committees every six months on such activities.

What's happening now July 3, 2007

Referred to the Subcommittee on Trade.

 Committees of jurisdiction 5