S 2799 · 111th Congress · International Affairs

Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2009

Introduced 2009-11-19· Sponsored by Sen. Dodd, Christopher J. [D-CT]· Senate

Bill Progress

Introduced
Committee
Senate Vote
4
House
5
Enacted
Latest: Message received in the Senate: Returned to the Senate pursuant to the provisions of H.Res. 1653.(2010-09-23)

Plain Language Summary

[AI summary unavailable — showing source text] Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2009 - Amends the Iran Sanctions Act of 1996 (ISA) to direct the President to impose two or more specified ISA sanctions if a person (defined by such Act to include a natural person, business enterprise, or government entity operating as a business enterprise) has, with actual knowledge, made an investment of $20 million or more, or any combination of investments of at least $5 million which in the aggregate equals or exceeds $20 million in any 12-month period, that directly and significantly contributed to Iran's ability to develop petroleum resources. (Under current law the sanction thresholds are $40 million, $10 million, and $40 million, respectively.) Directs the President to impose specified ISA sanctions on a person that, with actual knowledge, sells or provides goods, services, technology, information, or provides support related to the production of refined petroleum products in Iran: (1) any of which has a fair market value of $200,000 or more; or (2) that during a 12-month period have an aggregate fair market value of $1 million or more. Directs the President to impose specified ISA sanctions on a person…

Summarized by Claude AI · Non-partisan · For informational purposes only