Cornyn Introduces Iran Non-Nuclear Sanctions Act

Iran remains the world’s foremost state sponsor of terror and the biggest destabilizing force in the Middle East, despite the lopsided deal struck by the former Administration. It’s time Congress and our new President impose real economic consequences for Iran’s actions to make clear that the United States vehemently opposes Iran’s human rights abuses, terrorist activities around the world, and pursuit of ballistic missile capabilities.

The Iran Non-Nuclear Sanctions Act would:

• Impose new sanctions against Iran’s Islamic Revolutionary Guard Corps (IRGC) and Mahan Air, an Iranian airline that has helped the IRGC to spread terrorism and militancy;
• Create a new Treasury Department watch list for entities in which the IRGC has an ownership interest of less than 25 percent;
• Expand current sanctions and imposes new sanctions against Iran for its egregious human rights abuses, while also mandating full transparency to Congress on all American citizens detained or kidnapped by Iran and U.S. government efforts to free them;
• Impose new sanctions against persons that knowingly aid Iran’s ballistic missile program;
• Mandate new sanctions against entities owned 25 percent or greater or controlled by Iran’s key ballistic missile organizations, including the Aerospace Industries Organization, the Shahid Hemmat Industrial Group, or the Shahid Bakeri Industrial Group;
• Require a presidential certification that persons listed in U.N. Security Council Resolutions are not engaged in activities related to ballistic missiles and requires the imposition of sanctions if that certification cannot be made;
• Impose sanctions on persons involved in sectors of Iran’s economy that support, directly or indirectly, Iran’s ballistic program; and
• Codify current prohibitions against Iran’s direct and indirect access to the U.S. financial system, while also streamlining and strengthening the requirements for the president to remove Iran or any other country from the state sponsors of terrorism list.