S 1228 in Congressional Session 104

Official Summary

 

Bill Number : S 1228

 

Title : A bill to deter investment in the development of Iran's petroleum resources.

 

SUMMARY AS OF:
12/20/1995--Passed Senate amended.    (There are 2 other summaries) 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.

(Sec. 6)

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.

(Sec. 7)

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.

(Sec. 8)

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

(Sec. 9)

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.

(Sec. 11)

Declares that the sanctions and requirements of this Act shall also apply to persons making investments for the development of petroleum resources in Libya.

Votes

Title : A bill to deter investment in the development of Iran's petroleum resources.
Votes in the US Senate
This Bill was not Voted in the US Senate
Votes in the US House
This Bill was not Voted in the US House

Sponsors

 
Congressional Sponsors of S 1228
 
Bill Number : S 1228
Title : A bill to deter investment in the development of Iran's petroleum resources.
Sponsor: Sen D'Amato, Alfonse [NY] (introduced 9/8/1995)      
ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

    Sen Abraham, Spencer [MI] - 11/29/1995

    Sen Bennett, Robert F. [UT] - 10/19/1995

    Sen Boxer, Barbara [CA] - 12/6/1995

    Sen Brown, Hank [CO] - 10/19/1995

    Sen Burns, Conrad R. [MT] - 11/2/1995

    Sen Campbell, Ben Nighthorse [CO] - 10/19/1995

    Sen Cochran, Thad [MS] - 10/19/1995

    Sen Cohen, William S. [ME] - 12/8/1995

    Sen Conrad, Kent [ND] - 11/8/1995

    Sen Coverdell, Paul [GA] - 10/19/1995

    Sen DeWine, Mike [OH] - 10/19/1995

    Sen Dole, Robert J. [KS] - 10/19/1995

    Sen Domenici, Pete V. [NM] - 9/29/1995

    Sen Faircloth, Lauch [NC] - 9/8/1995

    Sen Feingold, Russell D. [WI] - 12/21/1995

    Sen Feinstein, Dianne [CA] - 11/27/1995

    Sen Gramm, Phil [TX] - 10/19/1995

    Sen Grassley, Chuck [IA] - 10/19/1995

    Sen Gregg, Judd [NH] - 11/13/1995

    Sen Harkin, Tom [IA] - 11/14/1995

    Sen Hatch, Orrin G. [UT] - 10/19/1995

    Sen Heflin, Howell [AL] - 11/29/1995

    Sen Helms, Jesse [NC] - 9/29/1995

    Sen Inhofe, James M. [OK] - 10/19/1995

    Sen Inouye, Daniel K. [HI] - 9/8/1995

    Sen Kempthorne, Dirk [ID] - 10/19/1995

    Sen Kohl, Herb [WI] - 9/8/1995

    Sen Kyl, Jon [AZ] - 9/28/1995

    Sen Levin, Carl [MI] - 11/30/1995

    Sen Lieberman, Joseph I. [CT] - 10/24/1995

    Sen Mack, Connie, III [FL] - 10/19/1995

    Sen McConnell, Mitch [KY] - 10/19/1995

    Sen Moseley-Braun, Carol [IL] - 12/11/1995

    Sen Murkowski, Frank H. [AK] - 12/7/1995

    Sen Murray, Patty [WA] - 12/11/1995

    Sen Pressler, Larry [SD] - 9/8/1995

    Sen Reid, Harry [NV] - 11/9/1995

    Sen Santorum, Rick [PA] - 10/19/1995

    Sen Shelby, Richard C. [AL] - 10/19/1995

    Sen Smith, Bob [NH] - 10/19/1995

    Sen Snowe, Olympia J. [ME] - 9/26/1995

    Sen Stevens, Ted [AK] - 10/19/1995

    Sen Thomas, Craig [WY] - 10/19/1995

    Sen Warner, John [VA] - 10/19/1995

Other Info

Bill Number : S 1228
Title : A bill to deter investment in the development of Iran's petroleum resources.
 
 
ALL ACTIONS:
(Floor Actions/Congressional Record Page References)
 
9/8/1995:Sponsor introductory remarks on measure. (CR S12963-12964)
 
9/8/1995:Read twice and referred to the Committee on Banking.
 
10/11/1995:Committee on Banking. Hearings held. 1
 
2/12/1995:Committee on Banking. Ordered to be reported with an amendment in the nature of a substitute favorably. 1
 
2/15/1995: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. 1
 
2/15/1995:Placed on Senate Legislative Calendar under General Orders. Calendar No. 280. 1
 
2/18/1995:Sponsor introductory remarks on measure. (CR S18829) 1
 
2/18/1995:Passed Senate with an amendment and an amendment to the Title by Voice Vote. (consideration: CR S18828-18830) 1
 
2/19/1995:Senate vitiated previous passage. (consideration: CR S18835) 1
 
2/19/1995:Returned to the Calendar. Calendar No. 280. (consideration: CR S18835) 1
 
2/20/1995:Measure laid before Senate. (consideration: CR S19015-19018) 1
 
2/20/1995:The committee substitute as amended agreed to by Voice Vote. 1
 
2/20/1995:Passed Senate with an amendment and an amendment to the Title by Voice Vote. 1
 
2/21/1995 10:02am:Received in the House. 1
 
2/21/1995:Message on Senate action sent to the House. 1
 
2/21/1995: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. 1
 
2/21/1995:Referred to House International Relations 1
 
2/21/1995:Referred to House Banking and Financial Services
 
1/19/1996:Referred to the Subcommittee on Domestic and International Monetary Policy.