The Iran Sanctions Act (ISA)

Publication Date: May 2009

Publisher: Library of Congress. Congressional Research Service

Author(s):

Research Area: Government

Type:

Coverage: Iran

Abstract:

No firms have been sanctioned under the Iran Sanctions Act (ISA). Set to expire in August 2006, bills in the 109th Congress, H.R. 282 (passed by the House on April 26, 2006), S. 333, and H.R. 6198 extended it and added provisions to apply it more strictly. The latter bill, (P.L. 109-293, signed September 30, 2006), extended it until December 31, 2011, changed its name from the Iran-Libya Sanctions Act (ILSA) to ISA by terminating application to Libya, and allows substantial Administration flexibility in applying the new provisions. This report will be updated. See also CRS Report RL32048, Iran: U.S. Concerns and Policy Responses, by Kenneth Katzman.