On the recordApril 22, 2010
Mr. Speaker, we meet today to consider a motion to appoint conferees to reconcile the differences between the House and Senate versions of the Iran Sanctions Act. Though both versions would impose sanctions against companies that support Iran's petroleum sector, especially in the area of gasoline and other refined petroleum products, the Senate version includes additional provisions that would direct the president to freeze the assets of Iranian officials and prohibit the U.S. Government from providing contracts to companies that supply Iran with communications monitoring technology. These provisions must be reconciled before the final version can be presented to the President. Stopping Iran's illegal nuclear enrichment program is an urgent matter, requiring a comprehensive strategy that targets Iran's important energy sector, and its access to the global financial system. These bills can help to achieve these goals. Last year, Iran admitted the existence of a secret enrichment facility in the holy city of Qom that set in motion a renewed international effort to pursue more aggressive penalties against Iran for its nuclear activities. Using a variety of measures, including the United States led sanctions efforts in the United Nations, penalties currently under consideration by the European Union and the sustained campaign by the U.S.…





