I agree with the gentleman wholeheartedly, the existing provisions in the bill cover conspiracy to violate the bill.

And, frankly, the fact that you would even entertain the possibility that we would put such people in jail in the United States, that we would imprison them in the United States shows that the gentleman may not well understand the Fifth…

Our solution to addressing that problem is simple. We would say that the sanctions require a reduction not only in the volume of oil but also in the value of oil.

What this does is it limits Iran to a reduction in total income.

I will vote against it if it comes to a vote.

I really question the constitutionality of a provision that punishes nephews on account of the actions of uncles.

I find myself drawn to the definition of a significant reduction under the previous sanctions passed, Fiscal Year 2012, NDAA.

Mr. Chairman, this amendment simply applies the same principle as the amendment that we just passed to a different section of the bill.

This is the last amendment that I will offer before the committee today. And the crowd cheered.

I think the gentleman actually would be right if we were talking about under what circumstances the sanctions apply.

Mr. Chairman, I have an amendment at the desk. It is amendment Grayson 111.