About the bill
The Iran and Libya Sanctions Act of 1996 (ILSA) was a 1996 act of Congress that imposed economic sanctions on firms doing business with Iran and Libya. On September 30, 2006, the act was renamed to the Iran Sanctions Act (ISA), as it no longer applied to Libya, and extended until December 31, 2011. As of March 2008, ISA sanctions had not been enforced against any non-US company; the act allows the president to waive sanctions on a case-by-case basis, though this waiver is subject to renewal every six months. Despite the restrictions on American investment in Iran, FIPPA provisions apply to all foreign investors, and many Iranian expatriates based in the US continue to make substantial investments in Iran.
This summary is from Wikipedia.
Sponsor and status
Sponsor. Representative for New York's 20th congressional district. Republican.
Last Updated: Jul 23, 1996
Length: 11 pages
Statement of Administration Policy
H.R. 3107 (104th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 3107. This is the one from the 104th Congress.
This bill was introduced in the 104th Congress, which met from Jan 4, 1995 to Oct 4, 1996. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
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GovTrack.us. (2021). H.R. 3107 — 104th Congress: Iran and Libya Sanctions Act of 1996. Retrieved from https://www.govtrack.us/congress/bills/104/hr3107
“H.R. 3107 — 104th Congress: Iran and Libya Sanctions Act of 1996.” www.GovTrack.us. 1996. July 31, 2021 <https://www.govtrack.us/congress/bills/104/hr3107>
Iran and Libya Sanctions Act of 1996, Pub. L. No. 104-172, H.R. 3107, 104th Cong..
|title=H.R. 3107 (104th)
|accessdate=July 31, 2021
|author=104th Congress (1996)
|date=March 19, 1996
|quote=Iran and Libya Sanctions Act of 1996
Where is this information from?
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