House Foreign Affairs Committee Advances Iran Energy Sanctions Legislation, Other Bills
The House Foreign Affairs Committee approved several sanctions and export control bills April 9, including one that would increase sanctions on Iran's energy sector to deprive Tehran of revenue it uses to fund terrorism.
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The Enhanced Iran Sanctions Act, offered by Rep. Mike Lawler, R-N.Y., would sanction the "logistical chain" of foreign entities that support Iran’s illicit oil sales, including Chinese banks, maritime insurance providers, and flagging registries, as well as the leaders of those firms and their immediate family members (see 2502130044).
The Iran legislation would "give the Trump administration the tools it needs to end the Iranian oil trade once and for all,” Lawler said. "It presents enablers of this trade with a clear choice: stop doing business with Iranian oil or lose access to U.S. dollars, our markets and all the benefits that come along with that access."
The committee also approved several reintroduced bills, including:
- The Remote Access Security Act, which would close a loophole that has allowed China to use cloud service providers to access advanced U.S. computing chips remotely (see 2504070072)
- The Stop Chinese Fentanyl Act, which would authorize the administration to sanction Chinese chemical companies and government officials who don't do appropriate compliance and oversight to prevent their chemicals from being sold to narcotraffickers (see 2503070005 and 2501290060)
- The Sanction Sea Pirates Act, which would sanction foreign persons engaged in piracy (see 2503120063)
- The Undersea Cable Control Act, which would require the administration to develop a strategy to block China and other “foreign adversaries” from buying goods and technologies to build, maintain or operate undersea cables (see 2504040009)
- The No Paydays for Hostage-Takers Act, which would require an annual report on sanctions imposed under a 2020 law that aims to address the wrongful detainment of U.S. nationals abroad (see 2504070028)
- The Haiti Criminal Collusion Transparency Act, which would sanction Haitian political and economic elites involved in criminal activity (see 2504040038).