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SR0292 |
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LRB096 12999 GRL 27137 r |
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| SENATE RESOLUTION
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| WHEREAS, The nation of Iran has continued to pursue nuclear |
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| technology, even in the face of international condemnation and |
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| economic sanctions; and
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| WHEREAS, President Barack Obama has repeatedly expressed |
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| interest in using Iran's dependence on gasoline imports as a |
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| point of leverage in the dispute over Iran's nuclear ambitions; |
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| Iran imports approximately 40% of its refined petroleum, giving |
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| any petroleum sanctions a significant economic effect on the |
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| Iranian economy; and
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| WHEREAS, The President's authority to initiate these |
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| sanctions is ambiguous under current United States law, making |
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| such leverage hard to attain; and |
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| WHEREAS, The Iran Refined Petroleum Sanctions Act (IRPSA), |
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| introduced in the United States Senate by Senators Evan Bayh |
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| (D-IN) and Jon Kyl (R-AZ) and in the United States House of |
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| Representatives by Representatives Howard Berman (D-CA) and |
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| Ileana Ros-Lehtinen (R-FL), would amend the Iran Sanctions Act |
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| of 1996 to authorize the President to impose sanctions on any |
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| entity that provides Iran with refined petroleum resources or |
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| engages in activity that could contribute to Iran's ability to |
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| import such resources; the Act also prevents such entities from |