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H.R. 2570: Maximum Pressure Act

The "Maximum Pressure Act" introduces stricter sanctions targeting Iran to enhance existing measures aimed particularly at halting activities related to nuclear weapons, terrorism support, and missile technology. The central goal is to exert maximum economic pressure on Iran until it ceases actions deemed destabilizing to the region.

Sanctions Overview

The bill focuses on imposing sanctions on individuals and entities involved in prohibited activities related to Iran. Key aspects include:

Financial transaction restrictions
Immigration limits for those involved in sanctioned activities
Specific penalties for violations of these sanctions
Amendments to existing laws for enhanced oversight and expanded definitions of sanctions

Ballistic Missile Program

A significant portion of the bill centers on Iran's ballistic missile program. This section establishes:

Measures for identifying and sanctioning individuals and entities linked to missile development
Detailed definitions of activities related to the missile program
Reporting requirements for relevant entities
Sanctions against foreign financial institutions and other sectors supporting missile development
Humanitarian exceptions for the supply of agricultural and medical goods

Revolutionary Guard Corps Sanctions

The bill mandates sanctions specifically against Iran's Revolutionary Guard Corps. This includes:

Blocking all transactions involving specified properties linked to the Guard
Reporting requirements regarding Iranian entities and sectors controlled by the Guard
Emphasis on strict enforcement against financing associated with terrorism and human rights violations

Asset Reporting and Support Fund

Another aspect of the bill requires:

A report on Iranian assets within the United States, which will recommend actions for legal judgments against these assets
Analysis of challenges related to asset collection
Establishment of the Iran Labor Strike and Civil Society Support Fund, aimed at assisting workers and political prisoners, funded by penalties from sanctions and asset forfeitures

Relevant Companies

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This is an AI-generated summary of the bill text. There may be mistakes.

Actions

2 actions

Date	Action
Apr. 01, 2025	Introduced in House
Apr. 01, 2025	Referred to the Committee on Foreign Affairs, and in addition to the Committees on the Judiciary, Ways and Means, Oversight and Government Reform, Financial Services, Rules, and Intelligence (Permanent Select), for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Corporate Lobbying

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Potentially Relevant Congressional Stock Trades

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