Sec. 505. Creation of Iran Strike Fund
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/bill/119/hr/2570/ih/section-505·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Stop Harboring Iranian Petroleum Act (22 U.S.C. 8501 et seq) is amended by inserting after section 5 the following: There is established a fund to be known as the Iran Labor Strike and Civil Society Support Fund (hereinafter referred to as the Fund ), which shall provide financial assistance to Iranian workers engaging in labor strikes and support for families of political prisoners and individuals who have lost income earners due to political repression. The Fund shall be financed through— penalties and fines collected from violations of Iran-related sanctions laws; asset forfeitures from Iranian regime officials and entities found to be in violation of Untied States laws; and such other funds as may be appropriated by Congress.
The Secretary of State, in coordination with the Secretary of the Treasury, shall administer the Fund and establish eligibility criteria for recipients, ensuring accountability and transparency in the distribution of funds. .
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Sec. 505
Creation of Iran Strike Fund
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