Last night, U.S. Senator Jerry Moran (R-Kan.) voted in favor of legislation to increase economic sanctions on Iran. The Iran Sanctions, Accountability and Human Rights Act of 2012, H.R. 1905, will add additional sanctions on Iran's energy, shipping and insurance sectors in an attempt to curtail the country's financing of its nuclear weapons program. Sen. Moran has long supported tightening Iran sanctions and last summer called on the Obama Administration to work with Congress on full implementation of the economic sanctions against Iran. The bill now moves to the White House for the President's signature.
"Iran's pursuit of nuclear weapons is one of the greatest dangers to global stability and the security of the United States we face today," Sen. Moran said. "The Iranian regime has a history of supporting terrorism and threatening the United States and our allies. The world cannot allow such a regime to possess the most destructive weapons known to man."
Prior to the passage of H.R. 1905, Sen. Moran supported the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010. While previous sanctions have damaged Iran's economy, these sanctions have not achieved their fundamental goal, which is to compel Iran to change its behavior and abandon its pursuit of nuclear weapons.
Once signed into law, H.R. 1905 will expand U.S. sanctions under the Iran Sanctions Act, and sanction any company that deals with Iran, or offers goods and services to Iran's energy, financial services, consulting or other industries. Companies that deal with the National Iranian Tanker Company or that transport crude oil from Iran would also be sanctioned. Finally, the bill establishes sanctions related to human rights abuses in both Iran and Syria.