Monday, July 30, 2012

Congress pushes to finish Iran sanctions bill

(AP) ? House and Senate negotiators are wrapping up a bill to impose a new round of sanctions on Iran, targeting shipping lines and adding other punitive measures to derail Tehran's suspected push for nuclear weapons.

Lawmakers hoped to unveil a final bill late Monday, with a House vote as early as Wednesday.

The measure would reconcile a bill the House passed last December and one the Senate backed in May. But several lawmakers are concerned that the legislation doesn't go far enough. They are pushing for a bill that labels Iran's energy sector a "zone of proliferation concern" which would effectively ban all business.

A draft version of the bill says it's the sense of Congress that Iran's energy sector be treated as a "zone of proliferation concern."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-07-30-Iran%20Sanctions/id-d879242277224de5af129a9306bbb328

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