legislation: 107-s-1218

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
107-s-1218 107 s 1218 ILSA Extension Act of 2001 International Affairs 2001-07-23 2001-07-30 Held at the desk. Senate Sen. Sarbanes, Paul S. [D-MD] MD D S000064 0 ILSA Extension Act of 2001 - Amends the Iran and Libya Sanctions Act of 1996 (ILSA) to extend it for another five-year period. Lowers from $40 million to $20 million the threshold amount a foreign person's or entity's knowing investment in Libya's ability to develop its petroleum resources must reach before the President is required to impose two or more specified economic and trade sanctions.Mandates that any amendment or other modification made on or after June 13, 2001, to existing (pre-ILSA) agreements or contracts for the development of Libya's petroleum resources be considered new investment for purposes of the imposition of sanctions (the same trigger threshold amount for investment in Iranian energy resources). 2026-03-09T19:33:16Z https://www.congress.gov/bill/107th-congress/senate-bill/1218

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