Iran
On the federal level this year JCRC advocated for two separate piece of legislation related to Iran. On Wednesday, October 14, the US House of Representatives approved the Iran Sanctions Enabling Act of 2009 (ISEA) by a vote of 414-6. The legislation eases state and local government's abilities to end investments in companies that have invested at least $20 million in Iran's energy sector. This work relates directly to our advocacy for the State Bill described above. This legislation requires approval by the Senate before it can be signed into law by the President.
We also advocated in favor of H.R. 2194, the Iran Refined Petroleum Sanctions Act (IRPSA). The legislation limits Iran’s ability to import and produce refined petroleum products (e.g. gasoline and diesel used in vehicles). The bill strengthens the president’s authority to impose sanctions on companies providing refined petroleum to Iran or helping Iran expand its own refining capacity. Shipping companies that transport the refined petroleum to Iran and their insurers are also targeted. If implemented, the bill’s sanctions could severely increase the costs to the Iranian regime for its continued nuclear weapons pursuit. Hopefully, the threat of these sanctions will persuade Iran to comply with its obligations and suspend its uranium enrichment program.
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