US Senator Mark Kirk (R-IL) today sponsored a bill at US Senate, entitled “Syria, North Korea and Iran Consolidated Sanctions Act of 2011”, to boost enforcement of existing sanctions and bring fresh pressure on Iran’s oil sector and its military. The act, if approved and signed into law, would require the administration to impose sanctions against the Central Bank of Iran (CBI), toughen the existing sanctions against IRGC and its affiliated companies, and report any violations of sanctions laws by publicly-traded companies to the Security and Exchange Commission (SEC).
Sen. Kirk unveiled his bill during a speech at the AIPAC policy conference underway in Washington. Co-sponsors of the bill are Susan Collins (R), Robert Mendez (D), Bob Casey (D) and Joe Lieberman (I).
