,,ii #aagth ,,congress #ast ,session ,s4 #aiej ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,may #bg1 #bjba,mr4 ,lankford 7for himself1 ,mr4 ,cornyn1 and ,mr4 ,scott of ,south ,carolina7 introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to impose strict conditions on the lifting of sanctions imposed with respect to the ,islamic ,republic of ,iran4 #a4 ,short title ,this ,act may be cited as the ,iran ,sanctions ,preservation ,act4 #b4 ,findings ,congress makes the following findings3 7#a7 ,the ,islamic ,republic of ,iran is the world's leading state sponsor of terrorism and has been designated as a state sponsor of terrorism by the ,united ,states since #aihd4 7#b7 ,iran's support for terrorism1 development of nuclear weapons and ballistic missiles1 and gross violations of human rights are a threat to the security interests of the ,united ,states and the rules-based international order4 7#c7 ,iran has given ballistic missiles1 conventional weapons1 and technical support to ,hamas1 the ,palestinian ,islamic ,jihad1 the ,taliban1 ,ansar ,allah 7commonly referred to as the ,houthis7 in ,yemen1 ,shia militias in ,iraq1 the ,assad regime in ,syria1 and ,hezbollah in ,lebanon1 which those proxies have used to implement terrorist attacks throughout the world that have killed citizens of the ,united ,states and its allies4 7#d7 ,iran continues to hold ,united ,states citizens hostage1 including ,bob ,levinson1 ,baquer and ,siamak ,namazi1 ,morad ,tahbaz1 and ,emad ,shargi1 while also serving as a safe harbor for senior leaders of al ,qaeda such as ,abd al-,rahman al-,maghribi4 7#e7 ,the ,joint ,comprehensive ,plan of ,action 7commonly referred to as the ,,jcpoa71 which was finalized by ,president ,barack ,obama and the respective governments of the ,united ,kingdom1 ,germany1 ,france1 the ,people's ,republic of ,china1 and the ,russian ,federation 7commonly referred to as the ,p#ea7 on ,july #ad1 #bjae1 permitted ,iran to continue uranium enrichment at #c4fg percent levels and possess more #f1jjj ,,ir-#a centrifuges1 thereby failing to eliminate ,iran's pathway to a nuclear weapon4 7#f7 ,the ,,jcpoa contained sunset provisions that allow ,iran to increase its number of ,,ir-#a centrifuges and resume operation of ,,ir-#b centrifuges after #aj years1 and exceed the #c4fg percent uranium enrichment threshold after #ae years4 7#g7 ,the verification and compliance mechanisms of the ,,jcpoa were insufficient to ensure and enforce compliance1 allowing the ,international ,atomic ,energy ,agency only limited access to select facilities and establishing a protracted process to request access to sites suspected of hosting activity inconsistent with ,iran's obligations under the ,,jcpoa4 7#h7 ,iran repeatedly violated numerous provisions of the ,,jcpoa by maintaining more advanced centrifuges than was permitted1 exceeding the limits on heavy water stocks1 and refusing to grant international inspectors access to nuclear research and military facilities1 among other violations4 7#i7 ,a central strategic flaw of the ,,jcpoa was its exclusive focus on ,iran's nuclear program apart from its support for terrorism1 which was bolstered by the more than #ajj1jjj1jjj1jjj in sanctions relief it received under the deal4 7#aj7 ,the ,,jcpoa contained no provisions addressing ,iran's development of ballistic and cruise missiles capable of carrying nuclear weapons4 7#aa7 ,the ,,jcpoa failed to address the human rights record of the ,iranian regime1 including the regime's suppression of free speech1 a free press1 peaceful assembly1 and the free exercise of religion4 7#ab7 ,iran is one of the world's worst human rights violators1 having received a #af out of #ajj ,global ,freedom ,score and a #ae out of #ajj ,internet ,freedom ,score from ,freedom ,house1 and has been designated as a country of particular concern for religious freedom under section #djb7;b77#a77;,a77ii7 of the ,international ,religious ,freedom ,act of #aiih 7#bb ,u4,s4,c4 #fddb7;b77#a77;,a77ii77 for its suppression of religious freedom since #aiii4 7#ac7 ,on ,may #h1 #bjah1 ,president ,donald ,trump announced that the ,united ,states would withdraw from the ,,jcpoa and resumed the application of sanctions against ,iranian actors1 thereby depriving the regime of revenue to support terrorism4 7#ad7 ,on ,may #ba1 #bjah1 ,secretary of ,state ,mike ,pompeo announced that the ,trump administration would apply unprecedented financial pressure on the ,iranian regime and laid out #ab steps that ,iran must take to receive sanctions relief and reestablish normal relations with the ,united ,states1 including-- 7,a7 providing the ,international ,atomic ,energy ,agency a full account of the prior military dimensions of its nuclear program and permanently and verifiably abandoning such work in perpetuity2 7,b7 stopping enrichment of plutonium reprocessing and committing to refrain from resuming such work2 7,c7 permitting the ,international ,atomic ,energy ,agency to access all sites throughout the entire country2 7,d7 ending its proliferation of ballistic missiles and ceasing further development of such systems2 7,e7 releasing all ,united ,states citizens1 as well as citizens of ,united ,states partners and allies1 who are currently detained2 7,f7 discontinuing its support for terrorist groups in the ,middle ,east1 including ,hezbollah1 ,hamas1 and the ,palestinian ,islamic ,jihad2 7,g7 respecting the sovereignty of ,iraq by ending its support for ,shia militias2 7,h7 ending its military support for the ,ansar ,allah in ,yemen2 7,i7 withdrawing all forces under ,iranian command from the entirety of ,syria2 7,j7 ending support for the ,taliban in ,afghanistan and for senior al ,qaeda leaders around the region2 7,k7 ending the ,iranian ,revolutionary ,guard ,corp's support for terrorist groups and proxies worldwide2 and 7,l7 ceasing its threatening behavior against its neighbors1 many of which are allies of the ,united ,states4 7#ae7 ,the financial sector of ,iran1 including the ,central ,bank of ,iran1 is designated as a primary money laundering concern under section #ecah;,a of title #ca1 ,united ,states ,code1 because of the threat to government and financial institutions resulting from the illicit activities of the ,government of ,iran1 including its pursuit of nuclear weapons1 support for international terrorism1 and efforts to deceive responsible financial institutions and evade sanctions4 7#af7 ,on ,april #bb1 #bjai1 ,president ,trump announced that the ,united ,states would no longer issue exemptions under section #abde7;d77#d77;,d7 of the ,national ,defense ,authorization ,act for ,fiscal ,year #bjab 7#bb ,u4,s4,c4 #heac;a7d77#d77;,d771 inhibiting the ability of countries to purchase ,iranian petroleum products or conduct transactions with the ,central ,bank of ,iran as a result of the exposure to sanctions4 7#ag7 ,following the decision to discontinue issuance of those exemptions1 ,iran's average daily sales of crude oil declined from an estimated #b1djj1jjj barrels per day in ,may #bjah to an estimated #a1cjj1jjj in #bjbj4 7#ah7 ,the decline in revenue and decrease in exports have reportedly forced the ,iranian energy sector to cut the number of newly drilled oil wells from #cjj in #bjah to #aa in #bjbj4 7#ai7 ,iran has reportedly stockpiled #fj1jjj1jjj barrels of crude oil and is preparing to return to production levels of nearly #d1jjj1jjj barrels a day should sanctions relief be provided4 7#bj7 ,on ,december #ca1 #bjai1 ,iranian ,president ,hassan ,rouhani admitted that ,iran had lost #bjj1jjj1jjj1jjj in revenue because of ,united ,states sanctions4 7#ba7 ,iran's #bjai defense budget cut defense spending by #bh percent1 including a #ag percent cut to the ,iranian ,islamic ,revolutionary ,guard ,corps1 a designated foreign terrorist organization4 7#bb7 ,following ,united ,states withdrawal from the ,,jcpoa1 the value of ,iran's currency reached historical lows1 with the rial losing around #gj percent of its value4 7#bc7 ,according to the ,international ,monetary ,fund1 ,iran's accessible foreign exchange reserves decreased by more #if percent to #d1jjj1jjj1jjj in #bjbj from #abc1jjj1jjj1jjj in #bjah1 depleting the revenue stream for the ,islamic ,revolutionary ,guard ,corps1 ,hezbollah1 and ,iranian-backed militias4 7#bd7 ,during the maximum pressure campaign1 the ,united ,states was able to secure the release of #b hostages in ,iran1 ,xiyue ,wang and ,michael ,white1 without lifting sanctions or transferring cash to ,iran4 7#be7 ,president ,joe ,biden has reportedly offered to lift sanctions1 including sanctions on the ,central ,bank of ,iran1 if the ,government of ,iran agrees to return to the ,,jcpoa4 #c4 ,sense of ,congress ,it is the sense of ,congress that the ,united ,states should not offer preemptive sanctions relief that benefits ,iran's oil industry1 financial services sector1 or supporters of terrorism unless and until the ,senate provides advice and consent under section #b of article ,,ii of the ,constitution of the ,united ,states to a treaty addressing ,iran's destabilizing activities4 #d4 ,prohibition on sanctions relief for petroleum purchases from ,iran ,section #abde7;d7 of the ,national ,defense ,authorization ,act for ,fiscal ,year #bjab 7#bb ,u4,s4,c4 #heac;a7d77 is amended by striking paragraphs 7#d7 and 7#e7 and inserting the following3 7#d7 ,no authority to waive ,on and after the date of the enactment of the ,iran ,sanctions ,preservation ,act1 the ,president may not issue any waiver of sanctions with respect to or license to authorize the purchase of petroleum or petroleum products from ,iran4 4 #e4 ,conditions on sanctions relief for supporters of ,iran's malign activities 7a7 ,in general ,an ,iranian person may not be removed from the ,,sdn list unless the ,president submits to the appropriate congressional committees a certification that the individual has not provided financial1 material1 or technical support or contributions to-- 7#a7 a terrorist organization or in support of terrorism2 or 7#b7 the development of nuclear weapons or their means of delivery 7including missiles capable of delivering such weapons7 by the ,government of ,iran4 7b7 ,form of certification ,a certification under subsection 7a7 shall be submitted in unclassified form but may include a classified annex4 #f4 ,conditions on sanctions relief for ,iranian financial institutions 7a7 ,central ,bank of ,iran ,the ,central ,bank of ,iran may not be removed from the ,,sdn list until the termination date described in section #h4 7b7 ,iranian financial institutions ,an ,iranian financial institution may not be removed from the ,,sdn list unless the ,president submits to the appropriate congressional committees a certification that the ,iranian financial institution has not facilitated a transaction or provided material support to-- 7#a7 the ,islamic ,revolutionary ,guard ,corps2 7#b7 any foreign terrorist organization2 or 7#c7 any ,iranian person the property or interests in property of which are blocked pursuant to the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agja et seq474 7c7 ,jurisdictions of primary money laundering concern ,the designation of ,iran as a jurisdiction of primary money laundering concern pursuant to section #ecah;,a of title #ca1 ,united ,states ,code1 may not be revoked unless the ,president submits to the appropriate congressional committees a certification that ,iran is no longer engaged in-- 7#a7 any illicit financial activities1 including support for terrorism2 7#b7 nuclear proliferation activities2 or 7#c7 ballistic missile acquisition or development4 7d7 ,form of certification ,a certification under subsection 7b7 or 7c7 shall be submitted in unclassified form but may include a classified annex4 #g4 ,support for the ,iranian people ,it shall be the policy of the ,united ,states-- 7#a7 to support the rights of the people of ,iran to exercise the freedom of speech1 assembly1 religion1 and the press2 7#b7 to condemn ,iran's destabilizing activities1 including the suppression of protests and demonstrations in ,iran2 7#c7 to promote a free and open internet in ,iran by supporting internet freedom programs and investing in firewall circumvention technologies2 7#d7 to defend the rights of women in ,iran2 and 7#e7 to hold leaders in ,iran accountable for their contributions to human rights crises throughout the world1 including in ,iraq1 ,syria1 ,lebanon1 ,yemen1 ,gaza1 and ,venezuela4 #h4 ,termination ,the provisions of and amendments made by this ,act shall terminate on the date on which the ,senate provides advice and consent under section #b of article ,,ii of the ,constitution of the ,united ,states to a treaty with ,iran that addresses ,iran's nuclear proliferation1 development of ballistic missiles1 and support for terrorism4 #i4 ,definitions ,in this ,act3 7#a7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7,a7 the ,committee on ,foreign ,relations and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate2 and 7,b7 the ,committee on ,foreign ,affairs and the ,committee on ,financial ,services of the ,house of ,representatives4 7#b7 ,foreign terrorist organization ,the term foreign terrorist organization means an organization designated by the ,secretary of ,state as a foreign terrorist organization under section #bai of the ,immigration and ,nationality ,act 7#h ,u4,s4,c4 #aahi74 7#c7 ,iranian financial institution ,the term ,iranian financial institution has the meaning given that term in section #ajd;,a7d7 of the ,comprehensive ,iran ,sanctions1 ,accountability1 and ,divestment ,act of #bjaj 7#bb ,u4,s4,c4 #heac;b7d774 7#d7 ,iranian person ,the term ,iranian person has the meaning given that term in section #abdb of the ,iran ,freedom and ,counter-,proliferation ,act of #bjab 7#bb ,u4,s4,c4 #hhja74 7#e7 ,,sdn list ,the term ,,sdn list means the list of specially designated nationals and blocked persons maintained by the ,office of ,foreign ,assets ,control of the ,department of the ,treasury4