MISSILES Act

S 2336, the MISSILES Act, aims to prevent Iran from proliferating missile technology by imposing U.S. sanctions on foreign entities involved in prohibited transfers. It targets foreign persons (individuals or organizations outside the U.S.) that knowingly transfer covered technology - defined as items listed in the Missile Technology Control Regime Annex - to Iran or Iran-aligned groups, regardless of whether UN restrictions expire in October 2023. Key mechanisms include blocking property of sanctioned entities, denying visas, and prohibiting transactions under the International Emergency Economic Powers Act. The bill also requires the State Department to submit annual reports detailing diplomatic efforts to extend UN missile restrictions, assessing Iran’s proliferation risks, and identifying violators. This law directly affects foreign entities engaging in missile-related activities with Iran, aiming to constrain Iran’s ballistic missile program and associated arms transfers.