Summary

Directs U.S. agencies to strengthen support for internet freedom, independent Persian-language media, and human-rights accountability related to Iran. It requires new reports and threat assessments on Iranian censorship technologies, names and assesses Iranian political figures, oligarchs, and parastatal entities for possible sanctions, creates a FinCEN initiative to target kleptocracy, funds Defense Innovation Unit work on low-cost connectivity and anti-censorship tech, and calls for grants and metrics to support independent Iranian journalists and broadcasters.

• Directs new, detailed U.S. assessments of Iranian censorship technologies and connectivity providers to guide internet freedom efforts.
• Authorizes DIU to develop and pilot low-cost, scalable connectivity and anti-censorship technologies and funds those activities ($2M/year FY2027–2030).
• Requires Treasury, with DNI and State, to produce a detailed, largely unclassified report on Iranian oligarchs, parastatals, and U.S. sector exposure within 180 days.
• Creates an Iran Kleptocracy Initiative inside FinCEN to target corruption, money laundering, and racketeering tied to Iranian elites.
• Allows congressional committee leaders to request presidential determinations on whether named persons materially supported Iranian regime repression and to receive decisions within 120 days.
• Directs U.S. support for independent Persian-language media, including grants for equipment, training, secure comms, relocation help, and annual performance metrics.
• Requires analysis of likely economic impacts of additional sanctions or debt/equity restrictions on Iran, U.S., and allied economies.
• Sets definitions and thresholds for identifying Iranian parastatals (≥25% government ownership and ~ $2B 2024 revenues) to focus assessments and potential restrictions.