US SB2058 | 2011-2012 | 112th Congress

Status

Spectrum: Slight Partisan Bill (Republican 12-6)
Status: Introduced on February 1 2012 - 25% progression, died in committee
Action: 2012-02-01 - Read twice and referred to the Committee on Energy and Natural Resources.
Pending: Senate Energy And Natural Resources Committee
Text: Latest bill text (Introduced) [PDF]

Summary

States that the Secretary of Energy (DOE) shall engage in any sale, purchase, or exchange activity involving the Strategic Petroleum Reserve only with a person certifying to the Secretary that the person is not directly or indirectly conducting transactions in or with Iran or an Iranian entity. Exempts from such restriction transactions relating to humanitarian assistance, agricultural products, medicine, or a medical device to Iran or an Iranian entity. Requires the Government Accountability Office (GAO) to report to Congress every 180 days regarding Iranian imports of crude oil and refined petroleum products.

Tracking Information

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Title

A bill to close loopholes, increase transparency, and improve the effectiveness of sanctions on Iranian trade in petroleum products.

Sponsors


History

DateChamberAction
2012-02-01SenateRead twice and referred to the Committee on Energy and Natural Resources.

Subjects


US Congress State Sources


Bill Comments

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