Sponsors (51)
The bill strengthens U.S. and allied ability to cut Iran's oil-linked revenue and curb proliferation and terrorism through tighter, coordinated sanctions and enforcement, but does so at the cost of greater economic disruption, increased legal and compliance risks, diplomatic friction, administrative expenses, and potential impacts on noncitizens' rights.
U.S. and allied governments and taxpayers — stronger sanctions enforcement and coordinated multilateral measures reduce Iran's revenue streams and ability to fund terrorism, weapons development, and regional attacks by blocking assets, sharing designation lists, and curbing evasion.
Financial institutions, regulators, and governments — clearer, aligned definitions plus an interagency and multilateral coordination framework improve consistency of enforcement, reduce legal uncertainty for covered actors, and share enforcement burdens across partners.
Taxpayers, importers, and law-abiding businesses — the bill preserves ordinary civilian trade in non-sanctioned goods and strengthens deterrence against intermediaries that would otherwise undermine lawful commerce and U.S. foreign-policy leverage.
Taxpayers, consumers, and businesses — tighter sanctions and aggressive enforcement risk disrupting global energy markets, cutting foreign firms off from U.S. markets, and raising fuel and supply-chain costs while increasing compliance expenses.
U.S. forces, diplomatic personnel, and international partners — stronger measures could escalate tensions with Iran and increase the risk of retaliation or other security blowback against U.S. interests abroad.
Financial institutions, businesses, and individuals — expanded criminal and civil IEEPA penalties plus a 'knowingly' standard that includes constructive knowledge raise the risk of liability for unintentional conduct and may chill legitimate commercial activity with complex ownership and transaction rules.
Based on analysis of 6 sections of legislative text.
Creates mandatory U.S. blocking and immigration sanctions on foreign persons involved with Iranian-origin energy exports, sets up an interagency sanctions working group, and expands rewards for tips on sanctions evasion.
Official title: Impose sanctions with respect to persons engaged in logistical transactions and sanctions evasion relating to oil, gas, liquefied natural gas, and related petrochemical products from the Islamic Republic of Iran, and for other purposes.
Introduced February 12, 2025 by Daniel Scott Sullivan · Last progress February 12, 2025
Imposes mandatory U.S. sanctions on foreign persons who knowingly engage in processing, export, or sale of oil, gas, LNG, condensates, or petrochemical products that originate in whole or in part from Iran, including asset-blocking under IEEPA and immigration/visa penalties. Creates an interagency working group to coordinate multilateral enforcement of sanctions and expands the State Department rewards program to pay for information about persons facilitating or evading those Iranian energy exports. The President has limited waiver authority (case-by-case, initial 180 days, renewable up to two years) with reporting and certification requirements; waiver authority sunsets Feb 1, 2029. Civil and criminal IEEPA penalties apply for violations, and OFAC guidance is incorporated by reference for interpretation of certain provisions.