Description: The Iran-Libya Sanctions Act (ILSA) was introduced in response to Iran's stepped-up nuclear program and its support to terrorist organizations. No firms have been sanctioned under ILSA, and it has terminated with respect to Libya. Renewed in August 2001 for another five years, ILSA was scheduled to expire in August 2006. This report describes ILSA in detail, as well as related legislation.
Date: September 28, 2006
Creator: Katzman, Kenneth