Lawmakers Reach Agreement On Iran Sanctions Bill

Law360, New York (June 21, 2010, 7:25 PM EDT) -- U.S. House of Representatives and Senate members said Monday that they had hammered out an agreement on legislation aimed at imposing tougher sanctions on Iran, particularly targeting the country's energy sector and certain financial institutions, in order to thwart the nuclear ambitions of the country's leaders.

H.R. 2194, the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010, would impose new sanctions on businesses supplying Iran with refined petroleum or helping them produce it.

New language added to the legislation unveiled Monday would also impose sanctions...
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