Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010
01 July 2010Export Control Alert
The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (CISADA or "the Bill") was passed by Congress on 24 June 2010, with a vote of 99-0 in the Senate and 408-8 in the House of Representatives. The Bill expands upon the restrictions of the Iran Sanctions Act of 1996 (the ISA) and the Iranian Transaction Regulations administered by the Department of Treasury's Office of Foreign Assets Control (OFAC). President Obama is scheduled to sign the Bill on 1 July 2010.