Countering Iranian Threats Act of 2016

S.3267
Introduced: 
July 14, 2016
114
Second
July 14, 2016
Referred to Senate (sub)committee

This bill would strengthen and expand sanctions on Iran. In addition to requiring a slew of new reports from the Obama administration related to Iran and its nuclear program, the bill would specifically direct the president to impose sanctions on any individual involved in Iran’s ballistic missile program or Iranian-sponsored cyberattacks; require the president to block the transfer of certain weapons to and from Iran; block Iranian financial institutions from engaging in U.S. dollar-based transactions; prohibit the president from entering a new international agreement with Iran without Senate approval; and direct the administration to submit to Congress every 2 years a 10-year strategy for countering Iran.

Corker told the Washington Post on 7/13/16 that he and his cosponsors were “meticulous” in making sure that “we were in no way involving any language that would touch the JCPOA,” thus avoiding a presidential veto.

It would also extend the Iran Sanctions Act of 1996, which established a foundation for the broader U.S. sanctions regime, through 12/31/2026.

7 cosponsors (5R, 2D).

Last major action: 7/14/16 referred to Senate Comm. on Foreign Relations.

More info

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