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DISRUPT Act of 2023

USA118th CongressS-451| Senate 
| Updated: 2/15/2023
James Lankford

James Lankford

Republican Senator

Oklahoma

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Feb 15, 2023
Introduced in Senate
Feb 15, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • February 15, 2023
    Introduced in Senate


  • February 15, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

International Affairs

DISRUPT Act of 2023

USA118th CongressS-451| Senate 
| Updated: 2/15/2023
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 15, 2023
Introduced in Senate
Feb 15, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • February 15, 2023
    Introduced in Senate


  • February 15, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
James Lankford

James Lankford

Republican Senator

Oklahoma

Banking, Housing, and Urban Affairs Committee

International Affairs

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted