,,ii #aah? ,,congress #b;d ,session ,s4 #dgfa ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #bd1 #bjbd,mr4 ,graham introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to require increas$ duties = goods & s]vices import$ f c\ntries t import crude oil or petroleum products produc$ 9 ! ,islamic ,republic ( ,iran4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,t>iffs = ,t]rorism ,act ( #bjbd4 #b4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,s9ce ! ,iranian ,revolution 9 #aigi1 ! ,islamic ,republic ( ,iran has engag$ 9 acts ( int]national t]rorism & cont9u\sly ?reat5$ ! ,unit$ ,/ates1 ,israel1 & o!r allies & p>tn]s ( ! ,unit$ ,/ates4 7#b7 ,on ,janu>y #ai1 #aihd1 ! ,unit$ ,/ates designat$ ! ,islamic ,republic ( ,iran z a /ate sponsor ( t]rorism = repeat$ly provid+ support = acts ( int]national t]rorism4 7#c7 ,"u ,ayatollah ,ali ,kham5ei1 ! ,islamic ,republic ( ,iran has advanc$ its balli/ic missile program & is1 9 #bjbd1 home to ! l>ge/ & mo/ div]se balli/ic missile ars5al 9 ! ,middle ,ea/4 7#d7 ,"u ,ayatollah ,ali ,kham5ei1 ! nucle> program ( ! ,islamic ,republic ( ,iran has gr[n consid]ably 9 scale & scope1 pos+ s]i\s ?reats to ! security int]e/s ( ! ,unit$ ,/ates1 ,israel1 & o!r allies & p>tn]s ( ! ,unit$ ,/ates4 7#e7 ,on ,may #bb1 #bjbj1 ,ayatollah ,ali ,kham5ei /at$1 ,! ,zioni/ regime ,israel is a deadly1 canc]\s tumor 9 ! region4 ,x w und\bt$ly be uproot$ & de/roy$44 7#f7 ,on ,decemb] #b1 #bjbb1 ! ,director ,g5]al ( ! ,int]national ,atomic ,en]gy ,ag5cy1 ,rafael ,grossi1 /at$1 ,iran in=m$ u !y 7 tripl+1 n d\bl+1 tripl+ _! capacity to enri* uranium at #fj p]c5t1 :i* is v close to milit>y level1 :i* is #ij p]c5t44 7#g7 ,on ,janu>y #be1 #bjbc1 ,director ,g5]al ,grossi /at$ t ! ,islamic ,republic ( ,iran _h amass$ en\gh nucle> mat]ial to produce sev]al nucle> weapons4 7#h7 ,an ,islamic ,republic ( ,iran t possesses a nucle> weapons capability w\ld pose-- 7,a7 a s]i\s ?reat to ! national security ( ! ,unit$ ,/ates1 allies & p>tn]s ( ! ,unit$ ,/ates1 & ! /ability ( ! ,middle ,ea/ & beyond2 & 7,b7 a ?reat ( exi/5tial dim5sions to ! ,/ate ( ,israel4 7#i7 ,oil sanctions h be5 inadequacy en=c$1 all[+ ! ,islamic ,republic ( ,iran to g5]ate billions ( doll>s to f9ance proxies su* z ,hamas & ,hezbollah4 #c4 ,increases 9 duties on goods & s]vices import$ f c\ntries t import oil produc$ 9 ,islamic ,republic ( ,iran 7a7 ,9 g5]al ,not)/&+ any o!r provision ( law1 ! ,presid5t %all increase1 to a rate ( n less ?an ! equival5t ( #ejj p]c5t ad valorem1 ! rate ( duty applicable to all goods & s]vices import$ into ! ,unit$ ,/ates f any =eign c\ntry t ! ,presid5t det]m9es pur*ases1 trades1 consumes1 or imports crude oil or petroleum products produc$ 9 ! ,islamic ,republic ( ,iran4 7b7 ,imposition ( duties ,n lat] ?an #ij days aft] ! date ( ! enactm5t ( ?is ,act1 & e #abj days !reaft]1 ! ,presid5t %all-- 7#a7 id5tify c\ntries describ$ 9 subsection 7a72 & 7#b7 increase ! rates ( duty applicable to goods & s]vices import$ f su* c\ntries z necess>y to comply ) subsection 7a74 7c7 ,recomm5dations = high] rate ,! ,unit$ ,/ates ,trade ,repres5tative1 9 consultation ) ! ,secret>y ( ! ,treasury1 ! ,secret>y ( ,comm]ce1 & ! heads ( o!r relevant ,f$]al ag5cies1 %all provide recomm5dations to ! ,presid5t ) respect to goods & s]vices describ$ 9 subsection 7a7 t %\ld be subject to a rate ( duty t exce$s ! equival5t ( #ejj p]c5t ad valorem4 7d7 ,duty rate 9 addition to antidump+ & c\nt]vail+ duties ,! rate ( duty requir$ "u subsection 7a7 ) respect to a good or s]vice describ$ 9 t subsection %all be 9 addition to any antidump+ or c\nt]vail+ duty applicable ) respect to ! good or s]vice "u title ,,vii ( ! ,t>iff ,act ( #aicj 7#ai ,u4,s4,c4 #afga et seq474 7e7 ,notice requirem5ts 7#a7 ,notice to & consultation ) ,congress ,be=e increas+ "u subsection 7a7 ! rates ( duty applicable to goods & s]vices import$ f a c\ntry describ$ 9 t subsection1 ! ,presid5t %all provide notice to & consult ) ! ,committee on ,f9ance ( ! ,s5ate & ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives reg>d+ ! increase4 7#b7 ,publication ,n less ?an #de days be=e ! effective date ( any increase "u subsection 7a7 9 ! rates ( duty applicable to goods & s]vices import$ f a c\ntry describ$ 9 t subsection1 ! ,presid5t %all publi% notice ( ! increase 9 ! ,f$]al ,regi/]4 7f7 ,t]m9ation ,! ,presid5t %all t]m9ate ! application ( any increase "u subsection 7a7 9 ! rates ( duty applicable to goods & s]vices import$ f a c\ntry describ$ 9 t subsection effective on ! date on :i* ! ,presid5t c]tifies 9 writ+ to ,congress t ! c\ntry is no long] pur*as+1 trad+1 consum+1 or import+ crude oil or petroleum products produc$ 9 ! ,islamic ,republic ( ,iran4 7g7 ,petroleum products def9$ ,9 ?is section1 ! t]m petroleum products includes unf9i%$ oils1 liquefi$ petroleum gases1 p5tanes plus1 aviation gasol9e1 motor gasol9e1 naph?a-type jet fuel1 k]os5e-type jet fuel1 k]os5e1 di/illate fuel oil1 residual fuel oil1 petro*emical fe$/ocks1 special naph?as1 lubricants1 waxes1 petroleum coke1 asphalt1 road oil1 /ill gas1 & miscellane\s products obta9$ f ! process+ ( crude oil 7includ+ lease cond5sate71 natural gas1 & o!r hydroc>bon comp\nds4