This bill would apply sanctions on people and entities involved with Iran’s ballistic missile program, along with those who provide conventional weapons to or receive weapons from Iran. It would require the president to report to Congress on Iran’s ballistic missile program and identify individuals and companies that are involved, and determine whether ballistic missile tests violate UN Security Council Resolution 2231.
Sanctions would be imposed against:
Iranian government agencies involved in ballistic missile development;
Foreign entities that supply material for, or otherwise facilitate or finance, such efforts;
Foreign persons or foreign government agencies that import, export, or re-export prohibited arms or related material to or from Iran;
Foreign persons or entities that transfer goods or technologies contributing to Iran’s ability to acquire or develop ballistic missiles, including launch technology, and destabilizing numbers and types of advanced conventional weapons.