H. R. 3347 - ILSA ENHANCEMENT AND COMPLIANCE ACT OF 2003

Status:

Introduced in the House of Representatives on 20 October, 2003 by Mr. Ros-Lehtinen (FL-18).  Referred to the House Government Reform Committee on October 20, 2003.

Background:

This bill seeks to amend the Iran and Libya Sanctions Act of 1996 to prevent the direct and indirect financing of weapons or mass destruction programs by Iran and Libya.

Provisions:

• The President shall prepare and transmit to the appropriate congressional committees not later than 6 months after the date of enactment of the ILSA Enhancement and Compliance Act, and once every 6 months thereafter, a report on the specific diplomatic efforts undertaken and a description of proposed diplomatic efforts.

• The President may suspend the application of section 5(a) of The Iran and Libya Sanctions Act of 1996 with respect to nationals of a country on a case by case basis for a period of not more than 6 months, if the President certifies to the appropriate congressional committees at least 30 days before the suspension is to take effect.

• Upon public or private disclosure of activity related to investment in Iran or Libya as described in this Act, the President shall direct the Secretary of the Treasury to initiate an investigation into the possible imposition of sanctions with respect to such activity and to provide a recommendation to the President for such purposes.

• The President can impose sanctions on a person if he determines that a person has, on or after the date of enactment of this Act, exported, transferred or otherwise provided to Iran or Libya any goods, services, technology, or other items the provision of which significantly and materially contributed (1) to the ability of Iran or Libya to acquire chemical, biological, or nuclear weapons or destabilizing numbers and types of advanced conventional weapons or enhanced the military or paramilitary capabilities of Iran or Libya; or (2) contributed to the ability of Iran or Libya to maintain its aviation capabilities.'.

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