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H.R. 957: To amend the Iran Sanctions Act of 1996 to expand and clarify the entities against which sanctions may be imposed.

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H.R. 957: To amend the Iran Sanctions Act of 1996 to expand and clarify the entities against which sanctions may be imposed.

110th Congress · introduced 2007-02-08 · International Affairs · Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2007-02-08 · official record
  2. Who proposed it: Rep. Ros-Lehtinen, Ileana [R-FL-18] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 772 (2007): On Motion to Suspend the Rules and Pass, as Amended, HR957 (2007-07-31), Passed. See all
  4. Where it stands now: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

To amend the Iran Sanctions Act of 1996 to expand and clarify the entities against which sanctions may be imposed.

Plain summary

Amends the Iran Sanctions Act of 1996 to redefine: (1) "person" to include financial institutions, insurers, underwriters, guarantors, other business organizations including foreign subsidiaries, and export credit agencies; and (2) "petroleum resources" to include petroleum refining capacity and liquified natural gas. States that such amendments shall not be construed to require the imposition of sanctions against any natural person or entity that is not specifically described in the definition of "person" (as redefined by this Act). Subjects a parent company to sanctions for activities of an entity for an act outside the United States which if committed in the United States or by a U.S. person would violate Executive Order No. 12959, Executive Order No. 13059, or any other prohibition on transactions with respect to Iran under the International Emergency Economic Powers Act if the entity was created or availed of in order to engage in such an act. States that such provision shall not apply to any act carried out under a contract or obligation if: (1) the contract or obligation existed on May 22, 2007, unless such contract or obligation is extended in time or expanded to cover additional activities beyond the terms of the contract or obligation as it existed on May 22, 2007; or (2) the parent company acquired the entity not knowing, and not having reason to know, that such contract or obligation existed, unless such contract or obligation is extended in time or expanded to cover additional activities beyond the terms of such contract or obligation as it existed at the time of acquisition. Defines "parent company," "United States person," and "entity."

Congressional Research Service summary (Passed House amended), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

To amend the Iran Sanctions Act of 1996 to expand and clarify the entities against which sanctions may be imposed.

Source: Congressional Research Service summary (Passed House amended)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Ros-Lehtinen, Ileana [R-FL-18] · 59 cosponsors

Cost estimate: CBO cost estimate: H.R. 957, A bill to amend the Iran Sanctions Act of 1996 to expand and clarify the entities against which sanctions may be imposed (2007-02-27); CBO cost estimate: H.R. 957, A bill to amend the Iran Sanctions Act of 1996 to expand and clarify the entities against which sanctions may be imposed (2007-02-27)

Cosponsors on this site

Brad Sherman (D-CA), Danny K. Davis (D-IL), Michael T. McCaul (R-TX), Joe Wilson (R-SC), Ken Calvert (R-CA), Gus M. Bilirakis (R-FL), Mario Diaz-Balart (R-FL), Mike Rogers (R-AL), John R. Carter (R-TX), Marsha Blackburn (R-TN), Zoe Lofgren (D-CA)

Recorded votes

Words on this page, explained (1)
Obligation
A binding promise by a government agency to pay money, for example by signing a contract or awarding a grant. Spending data such as USAspending.gov counts money when it is obligated, which can be before it is actually paid out.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong110-hr957 · catalog fed-us-congress-bills-cong110 · updated 2026-11-15 by psicol fed-bills-cong110