On the recordMarch 1, 2000
The legislation before us, Mr. Speaker, is an attempt to stem the flow of weapons technology into Iran by authorizing the President to impose sanctions on nations and individuals that provide this weapons technology to Iran. The sanctions would include the denial of munitions, licenses, arms export, and dual-use licenses, and a halt to any United States foreign assistance. The bill requires the President to report to Congress when credible information exists of a transfer of dangerous weapons technology to Iran. The President must also report to Congress about whether he has imposed certain penalties on foreign persons as a result of such transfers. If the penalties are not imposed, the President must expose why those steps were not taken.
Source
govinfo.gov
