Iran Sanctions Loophole Elimination Act of 2013

Summary

Iran Sanctions Loophole Elimination Act of 2013 - Amends the Iran Threat Reduction and Syria Human Rights Act of 2012 to direct the President to prohibit the opening, and prohibit or impose strict conditions on the maintaining, in the United States of a correspondent account or a payable-through account by a foreign financial institution that is a person described in this Act. Describes such person as a person that on or after May 9, 2013, knowingly: (1) conducted or facilitated a significant transaction involving the currency of a country other than the country in which the person is operating with, for, or on behalf of the Central Bank of Iran or another Iranian financial institution designated by the Secretary of the Treasury for the imposition of sanctions, or a person that is involved in the energy, shipping, and shipbuilding sectors of Iran; or (2) transferred funds for, or held funds on behalf of, a person described in the previous paragraph in relation to a transaction without regard to the currency of such funds. Authorizes the President to impose sanctions pursuant to the International Emergency Economic Powers Act with respect to any other person. Authorizes the President to waive the provisions of this Act with respect to a person for up to 180 days (and authorizes renewal of such waiver for additional periods of up to 180 days) for reasons of U.S. national security. Requires congressional notification at least seven days prior to a waiver or waiver renewal.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 8 May 2013

   Introduced

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

   Source: IntroReferral

2. 8 May 2013

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 21 May 2013

   Committee

   Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 113-42.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 8 May 2013 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 8 May 2013

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 8 May 2013

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 8 May 2013

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Kirk, Mark Steven [R-IL] · R · Sponsor
• Sen. Manchin, Joe, III [D-WV] · D · Sponsor
• Sen. Collins, Susan M. [R-ME] · R · Sponsor
• Sen. Nelson, Bill [D-FL] · D · Sponsor
• Sen. Cornyn, John [R-TX] · R · Sponsor
• Sen. Roberts, Pat [R-KS] · R · Cosponsor
• Sen. Cruz, Ted [R-TX] · R · Cosponsor
• Sen. Heller, Dean [R-NV] · R · Cosponsor
• Sen. Whitehouse, Sheldon [D-RI] · D · Cosponsor
• Sen. Begich, Mark [D-AK] · D · Cosponsor
• Sen. Boozman, John [R-AR] · R · Cosponsor
• Sen. Johanns, Mike [R-NE] · R · Cosponsor
• Sen. Rubio, Marco [R-FL] · R · Cosponsor
• Sen. Chambliss, Saxby [R-GA] · R · Cosponsor
• Sen. Gillibrand, Kirsten E. [D-NY] · D · Cosponsor
• Sen. Warner, Mark R. [D-VA] · D · Cosponsor
• Sen. Fischer, Deb [R-NE] · R · Cosponsor
• Sen. Cantwell, Maria [D-WA] · D · Cosponsor
• Sen. Murkowski, Lisa [R-AK] · R · Cosponsor
• Sen. Schumer, Charles E. [D-NY] · D · Cosponsor
• Sen. Coons, Christopher A. [D-DE] · D · Cosponsor
• Sen. Portman, Rob [R-OH] · R · Cosponsor
• Sen. Hatch, Orrin G. [R-UT] · R · Cosponsor
• Sen. Merkley, Jeff [D-OR] · D · Cosponsor
• Sen. Moran, Jerry [R-KS] · R · Cosponsor
• Sen. Toomey, Patrick [R-PA] · R · Cosponsor
• Sen. Grassley, Chuck [R-IA] · R · Cosponsor
• Sen. Sessions, Jeff [R-AL] · R · Cosponsor
• Sen. Schatz, Brian [D-HI] · D · Cosponsor
• Sen. Hoeven, John [R-ND] · R · Cosponsor
• Sen. Wyden, Ron [D-OR] · D · Cosponsor
• Sen. Ayotte, Kelly [R-NH] · R · Cosponsor
• · ssbk00 · Standing

Related records

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