Whereas, in 1984, the Department of State designated the Islamic Republic of Iran as a state sponsor of terrorism; Whereas, today, Iran is the world’s leading state sponsor of terrorism, using its state resources to support terrorist groups such as Hezbollah and Hamas and to destabilize or coopt countries across the Middle East, including Iraq, Syria, Lebanon, and Yemen; Whereas, since the 1980s, Iran has sought to develop the necessary infrastructure and enrich uranium which would enable it to acquire a nuclear weapon in violation of United Nations Security Council resolutions and its commitments under the Treaty on Non-Proliferation of Nuclear Weapons; Whereas Iran has enriched large quantities of uranium to 60 percent purity, a level of enrichment which is unnecessary for civilian use; Whereas President Biden entered office promising to revive the Joint Comprehensive Plan of Action with Iran and has pursued a negotiating strategy of unreasonable concessions to Iran; Whereas it is widely reported over the summer of 2023, the Biden administration has been developing a framework with Iran for implementing a nuclear agreement including significant sanctions relief for Iran; Whereas the Biden administration has relaxed sanctions impacting Iranian funds being held in Iraq and South Korea, and facilitated their transfer to third parties for Iran to spend on humanitarian items; Whereas, due to the fungibility of money, the release of funds to Iranian control will allow Iran to strengthen its illicit nuclear and ballistic missile programs and its financing of terrorism; Whereas Bloomberg News reported on August 25, 2023, that U.S. officials privately acknowledge they’ve gradually relaxed some enforcement of sanctions on Iranian oil sales. Tehran has restored production to the highest level since the ban kicked in five years ago and is shipping its most crude to China in a decade. Iranian officials are confident they’ll pump even more soon.