S. 451 · 118th Congress · Senate

DISRUPT Act of 2023

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Feb 15, 23
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Deterring Iranian Support for Russia in Ukraine and Pre-empting Terrorism Act of 2023 or the DISRUPT Act of 2023

This bill imposes new sanctions and new conditions on the termination of existing sanctions applicable to Iranian persons and institutions that support Russian military activities, including activities against Ukraine. Specifically, the bill requires the President to impose sanctions under the International Emergency Economic Powers Act upon (1) Iranian persons who provide material, tactical, or operational support for Russian activities against Ukraine, and (2) Iranian financial institutions that facilitate transactions with Russian persons who provide material, tactical, or operational support for Russian activities against Ukraine.

The bill also requires the President to certify to Congress, before removing an Iranian person from the Department of the Treasury's Specially Designated Nationals (SDN) list, that the person did not sell defense articles to Russia for one year prior to certification. The President must also certify that Iran is no longer providing material or financial support to Russia before revoking Iran's designation as a jurisdiction of primary money laundering concern.


Action Timeline

2
  1. FEB 15, 2023IntroReferral

    Introduced in Senate

  2. FEB 15, 2023IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committees

1

Banking, Housing, and Urban Affairs Committee

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Referred: Feb 15, 2023

Active