S. 3267: Countering Iranian Threats Act of 2016

114th Congress · introduced 2016-07-14 · International Affairs · Latest: Read twice and referred to the Committee on Foreign Relations.

federal

Follow this bill, step by step

Where it came from: introduced 2016-07-14 · official record
Who proposed it: Sen. Corker, Bob [R-TN] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Foreign Relations. Not final yet: this can still change. We check for updates every day.
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

Countering Iranian Threats Act of 2016

Plain summary

Countering Iranian Threats Act of 2016 This bill directs the Departments of State, Defense, Treasury, and the Director of National Intelligence to submit a 10-year strategy to counter Iranian activities and threats. The President shall impose against Iran's Islamic Revolutionary Guard Corps (IRGC) sanctions with respect to: (1) blocking property of, and prohibiting transactions with, foreign persons who commit or support terrorism; and (2) an entity designated as a foreign terrorist organization. The President shall impose asset blocking and U.S. exclusion sanctions against any person that: (1) materially contributes to the sale or transfer to Iran of specified military equipment or that provides related technical or financial assistance, or (2) materially contributes to Iran's ballistic missile or weapons of mass destruction programs. The President shall impose specified sanctions against a person identified by the Department of State in an annual report as having acted to undermine, or as posing a risk of undermining: (1) the peace or stability in Bahrain, Iraq, Syria, Jordan, Kuwait, Lebanon, Saudi Arabia, Qatar, the United Arab Emirates, or Yemen; or (2) the peace process in Syria. Specified sanctions against Iran are continued until the President certifies that the following Iranian activities have ceased: (1) support for terrorism, (2) development of ballistic missile programs or delivery systems for weapons of mass destruction, (3) human rights abuses, and (4) undermining of cyber security. The President shall impose property blocking sanctions against any person that has engaged in significant activities undermining cyber security by or on behalf of Iran. The President may not issue any license under the International Emergency Economic Powers Act to an offshore dollar clearing entity to conduct a transaction with an Iranian financial institution in U.S. dollars. The National Defense Authorization Act for Fiscal Year 2012 is amended to subject to sanctions: (1) u-turn transactions (fund transfers from a foreign bank that pass through a U.S. financial institution and are then transferred to a second foreign bank), and (2) book transfers (fund transfers for the benefit of an Iranian financial institution made between accounts of the same financial institution). The President is authorized and encouraged to impose asset blocking and U.S. exclusion sanctions against any Iranian official who is responsible for, or complicit in, directing acts of significant corruption in Iran. The Iran Sanctions Act of 1996 is extended through December 31, 2026. The bill sets forth reporting requirements with respect to: (1) Iran's use of sanction relief funds, (2) offshore U.S. dollar clearing for Iranian transactions, (3) U.S.-European Union sanctions coordination, (4) Iranian nuclear weapons research and development, (5) Iran-North Korea nuclear cooperation, (6) Iranian use of commercial aircraft and related services for illicit military or other activities, and (7) U.S. citizens detained by Iran. Treasury shall publish in the Federal Register an IRGC Watch List. It is the sense of Congress that the President should engage with international partners to ensure that the International Atomic Energy Agency is fully funded in order to undertake its verification responsibilities. The bill exempts certain humanitarian and national security activities from sanctions. Upon receipt of credible information that a person is engaged in sanctionable activity, the President shall initiate an investigation to determine whether such person is subject to sanctions.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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What does this mean? (plain words)

Official text

Countering Iranian Threats Act of 2016

Source: Congressional Research Service summary (Introduced in Senate)

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

Officials and money

Sponsor: Sen. Corker, Bob [R-TN] · 7 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Tom Cotton (R-AR), Dan Sullivan (R-AK), John Boozman (R-AR)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (5)

Authorization: A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Federal Register: The official daily publication of the U.S. government for agency rules, proposed rules, public notices and presidential documents.
Fiscal year: The 12-month period a government uses for its budget. The federal fiscal year runs from October 1 to September 30 and is named for the calendar year in which it ends. Most states use July 1 to June 30.
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-114s3267.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/114/s>

Record fed-us-cong114-s3267 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114