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HR 3843 112th Congress House

To amend the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to provide for the imposition of sanctions with respect to the National Iranian Oil Company and the National…

Official title: To amend the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to provide for the imposition of sanctions with respect to the National I… Show full official titleShow less

Official title: To amend the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to provide for the imposition of sanctions with respect to the National Iranian Oil Company and the National Iranian Tanker Company.

Introduced: May 9, 2012 See on congress.gov
International Affairs Congressional oversightGovernment studies and investigationsIranMiddle East
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Oil and gasSanctionsTrade restrictions
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 9, 2012
Referred to the Subcommittee on International Monetary Policy and Trade.
Jan 31, 2012
Referred to the Committee on Foreign Affairs, and in addition to the Committee on 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.
Jan 31, 2012
Introduced in House
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 Latest action February 9, 2012

Referred to the Subcommittee on International Monetary Policy and Trade.

 Plain-English summary Congressional Research Service

Amends the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to direct the Secretary of the Treasury to determine whether the National Iranian Oil Company (NIOC) or the National Iranian Tanker Company (NITC) is an agent or affiliate of Iran's Islamic Revolutionary Guard Corps (IRGC) and submit such determination to Congress.

Applies, 180 days after the enactment of the National Defense Authorization Act for Fiscal Year 2012 (P.L. 112-81), specified prohibitions and conditions on U.S. correspondent or payable-through accounts of foreign financial institutions that engage in petroleum or petroleum product transactions with, or provide related financial services to, the NIOC or NITC if the President determines that there is a sufficient supply of non-Iranian petroleum and petroleum product sources to permit purchasers of Iranian petroleum and petroleum products to reduce significantly their purchases from Iran.

Exempts from such provision foreign financial institutions from a country that has significantly reduced its crude oil purchases from Iran.

 Related & companion bills 1
  • S 2101 Related bill Iran Sanctions, Accountability, and Human Rights Act of 2012
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 2
All 2 Democratic 1
BERKLEY, SHELLEY
· May 9, 2012
 D
McGovern, James P.
Massachusetts · May 9, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3843: To amend the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to provide for the imposition of sanctions with respect to the National Iranian Oil Company and the National Iranian Tanker Company.. 112th Congress. Open America. https://openamerica.io/bill/112-HR-3843/
MLA
"H.R. 3843: To amend the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to provide for the imposition of sanctions with respect to the National Iranian Oil Company and the National Iranian Tanker Company.." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-3843/.
Bluebook (legal)
H.R. 3843, 112th Cong. (2026), https://openamerica.io/bill/112-HR-3843/.
Markdown link
[H.R. 3843: To amend the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to provide for the imposition of sanctions with respect to the National Iranian Oil Company and the National Iranian Tanker Company.](https://openamerica.io/bill/112-HR-3843/)
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