text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Iranian Nuclear Trade Prohibition 
  Act of 2005''.
  
  SEC. 2. FINDINGS.
  
      Congress makes the following findings:
              (1) Iran has pursued a nuclear program with assistance from 
          foreign entities and foreign governments.
              (2) It is important that Iran not seek to develop nuclear 
          weapons under the cover of a civilian nuclear power program.
              (3) The Government of Iran has asserted that its nuclear 
          program is for peaceful purposes, however, that Government has 
          supported terrorist organizations and uses harsh rhetoric 
          towards allies of the United States in the Middle East, and the 
          United States has expressed great concern with Iran's nuclear 
          ambitions and has worked with United States allies to end 
          Iran's nuclear program.
              (4) In October 2003, the Government of Iran promised it 
          would suspend uranium enrichment activities, but broke that 
          promise less than a year later.
              (5) In November 2004, the Government of Iran, in concert 
          with talks with representatives of the Governments of Britain, 
          France, and Germany (the ``EU-3'') agreed to suspend all 
          uranium enrichment and reprocessing activities related to 
          Iran's nuclear program under the terms of the agreement made 
          between the Islamic Republic of Iran and France, Germany and 
          the United Kingdom, with the support of the High Representative 
          of the European Union (the ``Paris Agreement'').
              (6) The EU-3 agreed to support the United States in taking 
          Iran's nuclear program to the United Nations Security Council 
          if Iran resumed its nuclear activities.
              (7) In concert with the Paris Agreement, the President 
          announced that the United States will drop its opposition to 
          Iran's application to join the World Trade Organization and 
          permit, on a case-by-case basis, the licensing of spare parts 
          for Iranian commercial aircraft.
              (8) Iran's uranium enrichment program is likely to be 
          dispersed throughout the country, protected in hardened 
          infrastructure, and highly mobile.
              (9) The Parliament of Iran passed a nonbinding resolution 
          insisting that the Government of Iran resume developing nuclear 
          fuel.
              (10) That resolution stated that Iran should develop enough 
          nuclear fuel to generate 20,000 megawatts of electricity.
              (11) In February 2005, the Atomic Energy Agency of Russia 
          announced that Russia would ship nuclear fuel to Iran's 
          Busheher nuclear reactor.
              (12) Russia pledged to provide fuel to this facility for 10 
          years and, under the commitment, Iran has pledged to return 
          spent fuel to Russia for storage.
              (13) Russia remains the only major nuclear fuel market 
          closed to outside competition and 100 percent of Russia's 
          nuclear fuel industry is owned by the Government of Russia.
              (14) Iran is the fourth-largest oil producer in the world.
              (15) Iran has a wealth of natural gas and crude oil 
          reserves and it is estimated that Iran plans to invest 
          $104,000,000,000 by 2015 in natural gas production and that 
          Iran plans to increase crude oil production to 7,000,000 
          barrels a day by 2020.
  
  SEC. 3. SENSE OF CONGRESS ON TRADE RELATIONS WITH STATE SPONSORS OF 
                TERRORISM.
  
      It is the sense of Congress that the countries of the world should 
  choose between trading with state sponsors of terrorism or maintaining 
  good trade relations with the United States.
  
  SEC. 4. PROHIBITION OF ENTRY OF NUCLEAR FUEL ASSEMBLIES.
  
      The Iran and Libya Sanctions Act of 1996 (50 U.S.C. 1701 note) is 
  amended by inserting after section 10 the following new section:
  
  ``SEC. 10A. PROHIBITION OF ENTRY TO NUCLEAR FUEL ASSEMBLIES TO THE 
                UNITED STATES.
  
      ``(a) In General.--Subject to subsection (b), the President shall 
  prohibit the United States, or any entity of the United States, from 
  purchasing nuclear fuel assemblies from any person or government 
  entity, or any entity affiliated with such person or entity, that sells 
  nuclear fuel assemblies to Iran.
      ``(b) Waiver.--The President may waive the prohibition in 
  subsection (a) if the President--
              ``(1) determines that the waiver is in the national 
          security interest of the United States; and
              ``(2) at least 7 days before the waiver takes effect, 
          notifies the required congressional committees of the 
          President's intention to exercise the waiver.
      ``(c) Definitions.--In this section:
              ``(1) Nuclear fuel assemblies.--The term `nuclear fuel 
          assemblies' does not include low-enriched uranium (LEU). For 
          the purpose of the preceding sentence the term `low-enriched 
          uranium' means a product produced using blended down weapons-
          grade and highly-enriched uranium (HEU) that is provided by the 
          Russian entity Techsnabexport (also known as TENEX) in 
          cooperation with the U.S. Enrichment Corporation, a subsidiary 
          of USEC, Inc.
              ``(2) Required congressional committees.--The term 
          `required congressional committees' means the Committee on 
          Armed Services, the Committee on Finance, and the Committee on 
          Foreign Relations of the Senate and the Committee on Armed 
          Services, the Committee on International Relations, and the 
          Committee on Ways and Means of the House of Representatives.''.
target: Iranian Nuclear Trade Prohibition Act of 2005 - Expresses the sense of Congress that countries should choose between trading with state sponsors of terrorism or maintaining good trade relations with the United States.
  
  Amends the Iran and Libya Sanctions Act of 1996 to direct the President to prohibit the United States or any U.S. entity from purchasing nuclear fuel assemblies (not including low-enriched uranium) from any person or government or affiliated entity that sells nuclear fuel assemblies to Iran. Authorizes the President, with congressional notification, to waive such prohibition for national security purposes.
feat_title: A bill to prohibit entities that provide nuclear fuel assemblies to Iran from providing such assemblies to the United States, and for other purposes.