FOR IMMEDIATE RELEASE
Contact: Adam Harris, [email protected]
August 1, 2012
AIPAC Applauds House Passage of Iran Threat Reduction and Syria Human Rights Act
AIPAC applauds the House passage (421-6) of the Iran Threat Reduction and Syria Human Rights Act. This bill represents the strongest set of sanctions the United States has ever imposed on any country during peacetime.
Each passing day affords the world’s leading state sponsor of terrorism the ability to advance its illicit nuclear program. America must lead the effort to exert the maximum economic pressure to get Iran to change course.
The implementation of this bill would subject virtually all of Iran’s energy, financial, and transportation sectors to U.S. sanctions. Furthermore, it would prohibit the repatriation to Iran of any revenue it receives from the sale of its oil—which accounts for 80 percent of Tehran's hard currency earnings and 50 percent of the funding for its national budget. Click here to read more about the bill.
AIPAC applauds bill authors Senate Banking Committee Chairman Tim Johnson (D-SD) and Ranking Member Richard Shelby (R-AL), and House Foreign Affairs Committee Chair Ileana Ros-Lehtinen (R-FL) and Ranking Member Howard Berman (D-CA).
AIPAC calls on the Senate to expeditiously pass this bill and send it to President Obama for his signature.
Consistently ranked as the most influential foreign policy lobbying organization on Capitol Hill, AIPAC is a bipartisan American membership organization that seeks to strengthen the relationship between the United States and Israel. For more than 50 years, AIPAC has been working with Congress to build a strong, vibrant relationship between the U.S. and Israel. With more than 100,000 members across the United States, AIPAC works throughout the country to improve and strengthen that relationship by supporting U.S.-Israel military, economic, scientific and cultural cooperation.