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S 451 118th Congress Senate International Affairs

DISRUPT Act of 2023

Introduced: February 15, 2023 Introduced by: Lankford, James Republican · Oklahoma See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 15, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 15, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

Deterring Iranian Support for Russia in Ukraine and Pre-empting Terrorism Act of 2023 or the DISRUPT Act of 2023

This bill imposes new sanctions and new conditions on the termination of existing sanctions applicable to Iranian persons and institutions that support Russian military activities, including activities against Ukraine. Specifically, the bill requires the President to impose sanctions under the International Emergency Economic Powers Act upon (1) Iranian persons who provide material, tactical, or operational support for Russian activities against Ukraine, and (2) Iranian financial institutions that facilitate transactions with Russian persons who provide material, tactical, or operational support for Russian activities against Ukraine.

The bill also requires the President to certify to Congress, before removing an Iranian person from the Department of the Treasury's Specially Designated Nationals (SDN) list, that the person did not sell defense articles to Russia for one year prior to certification. The President must also certify that Iran is no longer providing material or financial support to Russia before revoking Iran's designation as a jurisdiction of primary money laundering concern.


What's happening now February 15, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 1