1.Short title; table of
contents
(a)This Act may be cited as the Iran Threat Reduction Act of
2011
.
(b)The table of contents for this Act is as follows:
Sec. 1. Short title; table of contents.
Sec. 2. Findings.
Sec. 3. Statement of policy.
Title I—Iran energy sanctions
Sec. 101. Findings.
Sec. 102. Sense of Congress.
Sec. 103. Declaration of policy.
Sec. 104. Multilateral regime.
Sec. 105. Imposition of sanctions.
Sec. 106. Description of sanctions.
Sec. 107. Advisory opinions.
Sec. 108. Termination of sanctions.
Sec. 109. Duration of sanctions.
Sec. 110. Reports required.
Sec. 111. Determinations not reviewable.
Sec. 112. Definitions.
Sec. 113. Effective date.
Sec. 114. Repeal.
Title II—Iran freedom support
Sec. 201. Codification of sanctions.
Sec. 202. Liability of parent companies for violations of
sanctions by foreign subsidiaries.
Sec. 203. Declaration of Congress regarding United States
policy toward Iran.
Sec. 204. Assistance to support democracy in Iran.
Sec. 205. Imposition of sanctions on certain persons who are
responsible for or complicit in human rights abuses committed against citizens
of Iran or their family members after the June 12, 2009, elections in
Iran.
Sec. 206. Clarification of sensitive technologies for purposes
of procurement ban.
Sec. 207. Comprehensive strategy to promote internet freedom
and access to information in Iran.
Title III—Iran regime and Iran’s Islamic Revolutionary Guard
Corps accountability
Sec. 301. Iran’s Islamic Revolutionary Guard Corps.
Sec. 302. Additional export sanctions against Iran.
Sec. 303. Sanctions against affiliates of Iran’s Islamic
Revolutionary Guard Corps.
Sec. 304. Measures against foreign persons or entities
supporting Iran’s Islamic Revolutionary Guard Corps.
Sec. 305. Special measures against foreign countries supporting
Iran’s Islamic Revolutionary Guard Corps.
Sec. 306. Authority of State and local governments to restrict
contracts or licenses for certain sanctionable persons.
Sec. 307. Iranian activities in Iraq and
Afghanistan.
Sec. 308. United States policy toward Iran.
Sec. 309. Definitions.
Sec. 310. Rule of construction.
Title IV—Iran financial sanctions; divestment from certain
companies that invest in Iran; and prevention of diversion of certain goods,
services, and technologies to Iran
Sec. 401. Iran financial sanctions.
Sec. 402. Divestment from certain companies that invest in
Iran.
Sec. 403. Prevention of diversion of certain goods, services,
and technologies to Iran.
Title V—Securities and Exchange Commission
Sec. 501. Disclosures to the Securities and Exchange Commission
relating to sanctionable activities.
Title VI—General provisions
Sec. 601. Denial of visas for certain persons of the Government
of Iran.
Sec. 602. Inadmissibility of certain aliens who engage in
certain activities with respect to Iran.
Sec. 603. Amendments to civil and criminal penalties provisions
under the International Emergency Economic Powers Act.
Sec. 604. Exclusion of certain activities.
Sec. 605. Regulatory authority.
Sec. 606. Sunset.
2.Congress makes the following
findings:
(1)Successive
administrations have clearly identified the unacceptability of the Iranian
regime’s pursuit of nuclear weapons capabilities and the danger that pursuit
presents to the United States, to our friends and allies, and to global
security.
(2)In May 1995,
President Clinton stated that The specter of an Iran armed with weapons
of mass destruction and the missiles to deliver them haunts not only Israel but
the entire Middle East and ultimately all the rest of us as well. The United
States and, I believe, all the Western nations have an overriding interest in
containing the threat posed by Iran.
.
(3)In the 2006 State
of the Union Address, President Bush stated that The Iranian government
is defying the world with its nuclear ambitions, and the nations of the world
must not permit the Iranian regime to gain nuclear weapons. America will
continue to rally the world to confront these threats.
.
(4)In February 2009,
President Obama committed the Administration to developing a strategy to
use all elements of American power to prevent Iran from developing a nuclear
weapon
.
(5)Iran is a major
threat to United States national security interests, not only exemplified by
Tehran’s nuclear program but also by its material assistance to armed groups in
Iraq and Afghanistan, to the Palestinian group Hamas, to Lebanese Hezbollah,
the Government of Syria, and to other extremists that seek to undermine
regional stability. These capabilities provide the regime with potential
asymmetric delivery vehicles and mechanisms for nuclear or other unconventional
weapons.
(6)Iran’s growing
inventory of ballistic missile and other destabilizing types of conventional
weapons provides the regime the capabilities to enhance its power projection
throughout the region and undermine the national security interests of the
United States and its friends and allies.
(7)Were Iran to
achieve a nuclear weapons capability, it would, inter alia—
(A)likely lead to the
proliferation of such weapons throughout the region, where several states have
already indicated interest in nuclear programs, and would dramatically undercut
60 years of United States efforts to stop the spread of nuclear weapons;
(B)greatly increase
the threat of nuclear terrorism;
(C)significantly
expand Iran’s already-growing influence in the region;
(D)insulate the
regime from international pressure, giving it wider scope further to oppress
its citizens and pursue aggression regionally and globally;
(E)embolden all
Iranian-supported terrorist groups, including Hamas and Hezbollah; and
(F)directly threaten
several United States friends and allies, especially Israel, whose very right
to exist has been denied successively by every leader of the Islamic Republic
of Iran and which Iranian President Ahmadinejad says should be wiped off
the map
.
(8)Successive
Congresses have clearly recognized the threat that the Iranian regime and its
policies present to the United States, to our friends and allies, and to global
security, and responded with successive bipartisan legislative
initiatives.
(9)The extent of the
Iranian threat is greater today than when the Iran and Libya Sanctions Act of
1996 was signed into law, now known as the Iran Sanctions Act of 1996. That
landmark legislation imposed sanctions on foreign companies investing in Iran’s
energy infrastructure in an effort to undermine the strategic threat from Iran,
by cutting off investment in its petroleum sector and thereby denying the
regime its economic lifeline and its ability to pursue a nuclear
program.
(10)Laws such as the Iran and Libya Sanctions
Act of 1996, which was retitled the Iran Sanctions Act of 1996, paved the way
for the enactment of similar laws, such as the Iran, North Korea and Syria
Nonproliferation Act, the Iran-Iraq Arms Non-Proliferation Act of 1992, the
Iran Freedom Support Act, and the Comprehensive Iran Sanctions, Accountability,
and Divestment Act of 2010.
(11)United States
sanctions on Iran have hindered Iran’s ability to attract capital, material,
and technical support for its petroleum sector, creating financial difficulties
for the regime.
(12)In the Joint
Explanatory Statement of the Committee of Conference to the Comprehensive Iran
Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111–195; 50
U.S.C. 1701 note) issued on June 23, 2010, the Members of the Committee of
Conference noted that Although [the Iran Sanctions Act] was enacted more
than a decade ago, no Administration has sanctioned a foreign entity for
investing $20 million or more in Iran’s energy sector, despite a number of such
investments. Indeed, on only one occasion, in 1998, did the Administration make
a determination regarding a sanctions-triggering investment, but the
Administration waived sanctions against the offending persons. Conferees
believe that the lack of enforcement of relevant enacted sanctions may have
served to encourage rather than deter Iran’s efforts to pursue nuclear
weapons.
.
(13)The Joint
Explanatory Statement also noted that The effectiveness of this Act will
depend on its forceful implementation. The Conferees urge the President to
vigorously impose the sanctions provided for in this Act.
.
(14)The Comprehensive Iran Sanctions,
Accountability, and Divestment Act of 2010 mandates among other provisions that
the President initiate investigations of potentially sanctionable activity
under the Iran Sanctions Act of 1996. Although more than 16 months have passed
since enactment of this legislation, Congress has not received notice of the
imposition of sanctions on any entities that do significant business in the
United States, despite multiple reports of potentially sanctionable activity by
such entities. Although, in accordance with the Comprehensive Iran Sanctions,
Accountability, and Divestment Act of 2010, some potentially sanctionable
entities have been persuaded to wind down and end their involvement in Iran,
others have not.
(15)It is unlikely
that Iran can be compelled to abandon its pursuit of nuclear weapons unless
sanctions are fully and effectively implemented.
3.It shall be the policy
of the United States to—
(1)prevent Iran
from—
(A)acquiring or
developing nuclear weapons and associated delivery capabilities;
(B)developing its
unconventional weapons and ballistic missile capabilities; and
(C)continuing its
support for foreign terrorist organizations and other activities aimed at
undermining and destabilizing its neighbors and other nations; and
(2)fully implement all multilateral and
bilateral sanctions against Iran in order to deprive the Government of Iran of
necessary resources and to compel the Government of Iran to—
(A)abandon and
verifiably dismantle its nuclear capabilities;
(B)abandon and
verifiably dismantle its ballistic missile and unconventional weapons programs;
and
(C)cease all support
for foreign terrorist organizations and other activities aimed at undermining
and destabilizing its neighbors and other nations.
<enum>I</enum><header>Iran
energy sanctions</header>
<section id="H248077AE47DF486AAC61CE034D733310"><enum>101.</enum><header>Findings</header><text display-inline="no-display-inline">Congress makes the following
findings:</text>
<paragraph id="HFA4D5449F1834C6D87119B1B3CB4F1F4"><enum>(1)</enum><text>The efforts of the
Government of Iran to achieve nuclear weapons capability and to acquire other
unconventional weapons and the means to deliver them, both through ballistic
missile and asymmetric means, and its support for foreign terrorist
organizations and other extremists endanger the national security and foreign
policy interests of the United States and those countries with which the United
States shares common strategic and foreign policy objectives.</text>
</paragraph><paragraph id="H79F1DE00666344B5BB002DD89D1B8AB1"><enum>(2)</enum><text>The objectives of
preventing the proliferation of nuclear and other unconventional weapons and
countering the activities of foreign terrorist organizations and other
extremists through existing multilateral and bilateral initiatives require
further efforts to deny Iran the financial means to sustain its nuclear,
chemical, biological, and missile weapons programs and its active support for
terrorism.</text>
</paragraph><paragraph id="H5F3200DFEF7B42429B53B4ADB7F303BD"><enum>(3)</enum><text>The Government of
Iran uses its diplomatic facilities and quasi-governmental institutions outside
of Iran to support foreign terrorist organizations and other extremists, and
assist its unconventional weapons and missile programs, including its nuclear
program.</text>
</paragraph></section><section id="HA1FDEE92E05F4096ADA56AB3AC3B9038"><enum>102.</enum><header>Sense of
Congress</header><text display-inline="no-display-inline">It is the sense of
Congress that the goal of compelling Iran to abandon its pursuit of nuclear
weapons and other threatening activities can be achieved most effectively
through full implementation of all sanctions enacted into law, including those
sanctions set out in this title.</text>
</section><section id="H40A719D17BE3402D8B94399A4485CEEE"><enum>103.</enum><header>Declaration of
policy</header><text display-inline="no-display-inline">Congress declares that
it is the policy of the United States to deny Iran the ability to support acts
of foreign terrorist organizations and extremists and develop unconventional
weapons and ballistic missiles. A critical means of achieving that goal is
sanctions that limit Iran’s ability to develop its energy resources, including
its ability to explore for, extract, refine, and transport by pipeline its
hydrocarbon resources, in order to limit the funds Iran has available for
pursuing its objectionable activities.</text>
</section><section id="H983A40C73E974B67ACD2782D68B576A2"><enum>104.</enum><header>Multilateral
regime</header>
<subsection id="H96D9059A33104F40A729D5089A0F0846"><enum>(a)</enum><header>Multilateral
negotiations</header><text>In order to further the objectives of section 103 of
this Act, Congress urges the President immediately to initiate diplomatic
efforts, both in appropriate international fora such as the United Nations, and
bilaterally with allies of the United States, to expand the multilateral
sanctions regime regarding Iran, including—</text>
<paragraph id="HE765CF43598743BC82F88CAFADEB8067"><enum>(1)</enum><text>qualitatively
expanding the United Nations Security Council sanctions regime against
Iran;</text>
</paragraph><paragraph id="H88B38110C765436AA8391AC8DB98ACAC"><enum>(2)</enum><text>qualitatively
expanding the range of sanctions by the European Union, South Korea, Japan,
Australia, and other key United States allies;</text>
</paragraph><paragraph id="H4C985823B81F47A593F5EFD12A763E41"><enum>(3)</enum><text>further efforts to
limit Iran’s development of petroleum resources and import of refined
petroleum; and</text>
</paragraph><paragraph id="HF6029A3466F34CC19577EA3D78D7BC44"><enum>(4)</enum><text>initiatives aimed
at increasing non-Iranian crude oil product output for current purchasers of
Iranian petroleum and petroleum byproducts.</text>
</paragraph></subsection><subsection id="H5090C9F6953746638BB0D9D415DE205E"><enum>(b)</enum><header>Reports to
congress</header><text>Not later than 180 days after the date of the enactment
of this Act, and annually thereafter, the President shall submit to the
appropriate congressional committees a report on the extent to which diplomatic
efforts described in subsection (a) have been successful. Each report shall
include—</text>
<paragraph id="HACEE4018E06248418D678DFD17474900"><enum>(1)</enum><text display-inline="yes-display-inline">the countries that have agreed to undertake
measures to further the objectives of section 103 of this Act with respect to
Iran, and a description of those measures; and</text>
</paragraph><paragraph id="H6BBBFF89FAF144A39F1999AFCFDC76EB"><enum>(2)</enum><text display-inline="yes-display-inline">the countries that have not agreed to
measures described in paragraph (1), and, with respect to those countries,
other measures the President recommends that the United States take to further
the objectives of section 103 of this Act with respect to Iran.</text>
</paragraph></subsection><subsection id="HB164C67E9F0840DCA4152C0A587C03D1"><enum>(c)</enum><header>Interim report
on multilateral sanctions; monitoring</header><text>Not later than 90 days
after the date of the enactment of this Act, the President shall submit to the
appropriate congressional committees a report on—</text>
<paragraph id="H01F47169C5CE45D38B869CE50F0CAD8F"><enum>(1)</enum><text>the countries that
have established legislative or administrative standards providing for the
imposition of trade sanctions on persons or their affiliates that conduct
business or have investments in Iran;</text>
</paragraph><paragraph id="H9A337DF6AABA4725859A1C663ABA8163"><enum>(2)</enum><text>the extent and
duration of each instance of the application of such sanctions; and</text>
</paragraph><paragraph id="HF800C75DB3B94CAB8F9D1B7969C82C25"><enum>(3)</enum><text>the disposition of
any decision with respect to such sanctions by the World Trade Organization or
its predecessor organization.</text>
</paragraph></subsection><subsection id="H3D25B314D13640A5843F02E7CF570A73"><enum>(d)</enum><header>Investigations</header>
<paragraph id="HE86DA8BDE13F46349B812C2B9EEB7AA0"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">The President shall
initiate an investigation into the possible imposition of sanctions under
section 105 of this Act against a person upon receipt by the United States of
credible information indicating that such person is engaged in an activity
described in such section.</text>
</paragraph><paragraph id="HEE9266B11C42401CB707BA6252765A71"><enum>(2)</enum><header>Determination
and notification</header><text display-inline="yes-display-inline">Not later
than 180 days after the date on which an investigation is initiated under
paragraph (1), the President shall (unless paragraph (6) applies) determine,
pursuant to section 105 of this Act, if a person has engaged in an activity
described in such section and shall notify the appropriate congressional
committees of the basis for any such determination.</text>
</paragraph><paragraph id="H812D93281D364E5E83CC477D7B7CEF9F"><enum>(3)</enum><header>Briefing</header>
<subparagraph id="H90AC11EB86FA404C8200A9924293EA44"><enum>(A)</enum><header>In
general</header><text>Not later than 30 days after the date of the enactment of
this Act, and at the end of every 3-month period thereafter, the President,
acting through the Secretary of State, shall brief the appropriate
congressional committees regarding investigations initiated under this
subsection.</text>
</subparagraph><subparagraph id="HC08182C47F89466CB9C9ABDE13AD1558"><enum>(B)</enum><header>Form</header><text>The
briefings required under subparagraph (A) shall be provided in unclassified
form, but may be provided in classified form.</text>
</subparagraph></paragraph><paragraph id="HC40D3AD69EBC4B61859DEBAF3FC63E0D"><enum>(4)</enum><header>Submission of
information</header>
<subparagraph id="H97DFFA61F1FD466DBD96AAC5FE5CFA5E"><enum>(A)</enum><header>In
general</header><text display-inline="yes-display-inline">The Secretary of
State shall, in accordance with section 15(b) of the State Department Basic
Authorities Act of 1956 (22 U.S.C. 2680(b)), provide to the appropriate
congressional committees all requested information relating to investigations
or reviews initiated under this title, including the number, scope, and dates
of such investigations or reviews.</text>
</subparagraph><subparagraph id="HC4C9C56259274DAC9647666E84675E08"><enum>(B)</enum><header>Form</header><text>The
information required under subparagraph (A) shall be provided in unclassified
form, but may contain a classified annex.</text>
</subparagraph></paragraph><paragraph id="HBFB52B4BA28D428F81A6FDC415166510"><enum>(5)</enum><header>Termination</header><text>Subject
to paragraph (6), the President may, on a case-by-case basis, terminate an
investigation of a person initiated under this subsection.</text>
</paragraph><paragraph id="HC0B0E466E807477EABC4D158D60DE747"><enum>(6)</enum><header>Special
rule</header>
<subparagraph id="H099635B460AA4B7D8AD3552EB3A7D99E"><enum>(A)</enum><header>In
general</header><text>The President need not initiate an investigation, and may
terminate an investigation, on a case-by-case basis under this subsection if
the President certifies in writing to the appropriate congressional committees
15 days prior to the determination that—</text>
<clause id="HAC251C2355AC46FFA29B0D5D0564C63E"><enum>(i)</enum><text>the
person whose activity was the basis for the investigation is no longer engaging
in the activity or is divesting all holdings and terminating the activity
within one year from the date of the certification; and</text>
</clause><clause id="HD3BDDE8F151F47DDB29CBA6B9A631148"><enum>(ii)</enum><text display-inline="yes-display-inline">the President has received reliable
assurances that the person will not knowingly engage in an activity described
in section 105(a) of this Act in the future.</text>
</clause></subparagraph><subparagraph commented="no" id="H26C2676F2A6D439AA13470E2AF0ED9BD"><enum>(B)</enum><header>Application of
sanctions</header><text display-inline="yes-display-inline">The President shall
apply the sanctions described in section 106(a) of this Act in accordance with
section 105(a) of this Act to a person described in subparagraph (A) if—</text>
<clause commented="no" id="HFD5006C23A1E457CAE7B362EB2492E90"><enum>(i)</enum><text>the person fails
to verifiably divest all holdings and terminate the activity described in
subparagraph (A) of this paragraph within one year from the date of
certification of the President under subparagraph (A); or</text>
</clause><clause commented="no" id="HF10294F9D219424B89D6F14ADCE0BCF4"><enum>(ii)</enum><text>the person has
been previously designated pursuant to section 4(e)(3) of the Iran Sanctions
Act of 1996, as in effect on the day before the date of the enactment of this
Act, and fails to verifiably divest all holdings and terminate the activity
described in subparagraph (A) within 180 days from the date of enactment of
this Act.</text>
</clause></subparagraph><subparagraph display-inline="no-display-inline" id="HED3E042F69AF47F1AF557A11F92DA5BA"><enum>(C)</enum><header>Report</header><text display-inline="yes-display-inline">Not later than 90 days after the date of
enactment of this Act, the President shall transmit to the appropriate
congressional committees a report on the actions taken by persons previously
designated pursuant to section 4(e)(3) of the Iran Sanctions Act of 1996, as in
effect on the day before the date of the enactment of this Act, to verifiably
divest all holdings and terminate the activity described in subparagraph (A).</text>
</subparagraph></paragraph></subsection></section><section id="H7BFFDDEABF144FC39311325FAE4328FE"><enum>105.</enum><header>Imposition of
sanctions</header>
<subsection id="H14F36031AC2345E9BE25A19E1FAA4034"><enum>(a)</enum><header>Sanctions with
respect to the development of petroleum resources of Iran, production of
refined petroleum products in Iran, and exportation of refined petroleum
products to Iran</header>
<paragraph id="HE329B9EEBF6241ECB9A2C8737A0BCCF3"><enum>(1)</enum><header>Development of
petroleum resources of Iran</header>
<subparagraph id="HD467D07CFFA549C6BD93D01A13AC6FE5"><enum>(A)</enum><header>In
general</header><text display-inline="yes-display-inline">Except as provided in
subsection (f), the President shall impose a majority of the sanctions
described in section 106(a) of this Act with respect to a person if the
President determines that the person knowingly, on or after the date of the
enactment of this Act—</text>
<clause id="H4757935419654AA58023A9C03F941A37"><enum>(i)</enum><text>makes an
investment described in subparagraph (B) of $20,000,000 or more; or</text>
</clause><clause id="HEE71A878CFB84ADF97AE08FAFE31A9A5"><enum>(ii)</enum><text>makes a
combination of investments described in subparagraph (B) in a 12-month period
if each such investment is of at least $5,000,000 and such investments equal or
exceed $20,000,000 in the aggregate.</text>
</clause></subparagraph><subparagraph id="H8EAB7EE2B6544305B5B2FD3C4782A00B"><enum>(B)</enum><header>Investment
described</header><text>An investment described in this subparagraph is an
investment that directly and significantly contributes to the enhancement of
Iran’s ability to develop petroleum resources.</text>
</subparagraph></paragraph><paragraph id="H2CE8A3D2F128485CB3321A8CAE0EB3A5"><enum>(2)</enum><header>Production of
refined petroleum products</header>
<subparagraph id="HBA6DBEDFF2B547F5B0CEA176AD5033A6"><enum>(A)</enum><header>In
general</header><text display-inline="yes-display-inline">Except as provided in
subsection (f), the President shall impose a majority of the sanctions
described in section 106(a) of this Act with respect to a person if the
President determines that the person knowingly, on or after the date of the
enactment this Act, sells, leases, or provides to Iran goods, services,
technology, information, or support described in subparagraph (B)—</text>
<clause id="H29A429C4496048A28DCD5B1D296C1B46"><enum>(i)</enum><text>any
of which has a fair market value of $1,000,000 or more; or</text>
</clause><clause id="H27700D40FD3C476F9462CF90456DFAD6"><enum>(ii)</enum><text>that, during a
12-month period, have an aggregate fair market value of $5,000,000 or
more.</text>
</clause></subparagraph><subparagraph id="H1A87EAB3FC9C4B9A8582194F5A758B3A"><enum>(B)</enum><header>Goods, services,
technology, information, or support described</header><text>Goods, services,
technology, information, or support described in this subparagraph are goods,
services, technology, information, or support that could directly and
significantly facilitate the maintenance or expansion of Iran’s domestic
production of refined petroleum products, including any direct and significant
assistance with respect to the construction, modernization, or repair of
petroleum refineries or associated infrastructure, including construction of
port facilities, railways, and roads, the primary use of which is to support
the delivery of refined petroleum products.</text>
</subparagraph></paragraph><paragraph id="HB6E8819F00EA4821884DAC687AC330E3"><enum>(3)</enum><header>Exportation of
refined petroleum products to Iran</header>
<subparagraph id="H8BF952AF6BAE4C6A80DDE45C7C9F3A36"><enum>(A)</enum><header>In
general</header><text display-inline="yes-display-inline">Except as provided in
subsection (f), the President shall impose a majority of the sanctions
described in section 106(a) of this Act with respect to a person if the
President determines that the person knowingly, on or after the date of the
enactment of this Act—</text>
<clause id="H6B8ABA2F3BD84320AF8A88D1C72394B5"><enum>(i)</enum><text>sells or provides
to Iran refined petroleum products—</text>
<subclause id="H955AFA7D520546A38B1C090ACA37473B"><enum>(I)</enum><text>that have a fair
market value of $1,000,000 or more; or</text>
</subclause><subclause id="HC7832B44107C4F93B7B56942CCC9146B"><enum>(II)</enum><text>that, during a
12-month period, have an aggregate fair market value of $5,000,000 or more;
or</text>
</subclause></clause><clause id="H5A8D5630357A4F6C84A7DB4979220EF1"><enum>(ii)</enum><text>sells, leases, or
provides to Iran goods, services, technology, information, or support described
in subparagraph (B)—</text>
<subclause id="H286FD14303484BA48755D5C6DD4CABA8"><enum>(I)</enum><text>any of which has a
fair market value of $1,000,000 or more; or</text>
</subclause><subclause id="H8AA34B44539540E4BFF9ED8A68694CAE"><enum>(II)</enum><text>that, during a
12-month period, have an aggregate fair market value of $5,000,000 or
more.</text>
</subclause></clause></subparagraph><subparagraph id="H3CCFD0681AB14F83BF7C57968C7D6911"><enum>(B)</enum><header>Goods, services,
technology, information, or support described</header><text>Goods, services,
technology, information, or support described in this subparagraph are goods,
services, technology, information, or support that could directly and
significantly contribute to the enhancement of Iran’s ability to import refined
petroleum products, including—</text>
<clause id="HC039F571BBE14AC6B8BFC0F30B7421BC"><enum>(i)</enum><text>except as provided
in subparagraph (C), underwriting or entering into a contract to provide
insurance or reinsurance for the sale, lease, or provision of such goods,
services, service contracts, technology, information, or support;</text>
</clause><clause id="H3355DA1536964CD6961B127AA9AF2D99"><enum>(ii)</enum><text>financing or
brokering such sale, lease, or provision;</text>
</clause><clause id="H58DAC3010E634310A81374F027C2F51D"><enum>(iii)</enum><text display-inline="yes-display-inline">bartering or contracting by which the
parties exchange goods for goods, including the insurance or reinsurance of
such exchanges;</text>
</clause><clause id="H514E305AA8704481A3883B680F3643E2"><enum>(iv)</enum><text>purchasing,
subscribing to, or facilitating the issuance of sovereign debt of the
Government of Iran, including governmental bonds; or</text>
</clause><clause id="H212F816DB9AF499FADC26C28AAC9CBDC"><enum>(v)</enum><text>providing ships or
shipping services to deliver refined petroleum products to Iran.</text>
</clause></subparagraph><subparagraph id="H95B61F0855F043A68E2183C5D4BD8709"><enum>(C)</enum><header>Exception for
underwriters and insurance providers exercising due diligence</header><text>The
President may not impose sanctions under this paragraph with respect to a
person that provides underwriting services or insurance or reinsurance if the
President determines that the person has exercised due diligence in
establishing and enforcing official policies, procedures, and controls to
ensure that the person does not underwrite or enter into a contract to provide
insurance or reinsurance for the sale, lease, or provision of goods, services,
technology, information, or support described in subparagraph (B).</text>
</subparagraph></paragraph><paragraph id="HFED9FE5F5BF249F88BC1A365FB1AC2EB"><enum>(4)</enum><header>Purchase,
subscription to, or facilitation of the issuance of Iranian sovereign
debt</header><text display-inline="yes-display-inline">Except as provided in
subsection (f), the President shall impose a majority of the sanctions
described in section 106(a) of this Act with respect to a person if the
President determines that the person knowingly, on or after the date of the
enactment of this Act, purchases, subscribes to, or facilitates the issuance
of—</text>
<subparagraph id="HB5B26578D25D4622959FC73E8F076DF3"><enum>(A)</enum><text>sovereign debt of
the Government of Iran, including governmental bonds; or</text>
</subparagraph><subparagraph id="HCC38DC2369CD4D3DAB93BDF33B528026"><enum>(B)</enum><text>debt of any entity
owned or controlled by the Government of Iran, including bonds.</text>
</subparagraph></paragraph></subsection><subsection id="HC6666280FAFF4E8CBD8DCFB98B45FD7E"><enum>(b)</enum><header>Mandatory
sanctions with respect to development of weapons of mass destruction or other
military capabilities</header>
<paragraph id="H178D99F79918466994741EB78D712A91"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">The President shall
impose a majority of the sanctions described in section 106(a) of this Act if
the President determines that a person, on or after the date of the enactment
of this Act, has knowingly exported, transferred, permitted, hosted, or
otherwise facilitated transshipment that may have enabled a person to export,
transfer, or transship to Iran or otherwise provided to Iran any goods,
services, technology, or other items that would contribute materially to the
ability of Iran to—</text>
<subparagraph id="H806993BF418D4BB0A171102AFB9719F4"><enum>(A)</enum><text>acquire or develop
chemical, biological, or nuclear weapons or related technologies; or</text>
</subparagraph><subparagraph id="H4E95DCE897B047B69C00DF1753F2C661"><enum>(B)</enum><text>acquire or develop
destabilizing numbers and types of advanced conventional weapons.</text>
</subparagraph></paragraph><paragraph id="H123F1696B400402C9DD3139EB7311453"><enum>(2)</enum><header>Additional
mandatory sanctions relating to transfer of nuclear technology</header>
<subparagraph id="H085CE574393D4153B4C0F712FCE57C43"><enum>(A)</enum><header>In
general</header><text>Except as provided in subparagraphs (B) and (C), in any
case in which a person is subject to sanctions under paragraph (1) because of
an activity described in that paragraph that relates to the acquisition or
development of nuclear weapons or related technology or of missiles or advanced
conventional weapons that are designed or modified to deliver a nuclear weapon,
no license may be issued for the export, and no approval may be given for the
transfer or retransfer to the country the government of which has primary
jurisdiction over the person, of any nuclear material, facilities, components,
or other goods, services, or technology that are or would be subject to an
agreement for cooperation between the United States and that government.</text>
</subparagraph><subparagraph id="HA9FDC3D8245E47A58F77CE8A9179218D"><enum>(B)</enum><header>Exception</header><text>The
sanctions described in subparagraph (A) shall not apply with respect to a
country the government of which has primary jurisdiction over a person that
engages in an activity described in that subparagraph if the President
determines and notifies the appropriate congressional committees that the
government of the country—</text>
<clause id="H7CD5C0BBEAE4491B9EE5C807B7B850C3"><enum>(i)</enum><text>does
not know or have reason to know about the activity; or</text>
</clause><clause id="HECAD8A701B1B46F6AABF0834BC09029A"><enum>(ii)</enum><text>has
taken, or is taking, all reasonable steps necessary to prevent a recurrence of
the activity and to penalize the person for the activity.</text>
</clause></subparagraph><subparagraph id="HADE0A0E46881474AA89E50C228CC3056"><enum>(C)</enum><header>Individual
approval</header><text>Notwithstanding subparagraph (A), the President may, on
a case-by-case basis, approve the issuance of a license for the export, or
approve the transfer or retransfer, of any nuclear material, facilities,
components, or other goods, services, or technology that are or would be
subject to an agreement for cooperation, to a person in a country to which
subparagraph (A) applies (other than a person that is subject to the sanctions
under paragraph (1)) if the President—</text>
<clause id="HA1B6281EC8D7428D827567B845AB37EE"><enum>(i)</enum><text>determines that
such approval is vital to the national security interests of the United States;
and</text>
</clause><clause id="HC209EA94F4234603BBFDA2D705E094DD"><enum>(ii)</enum><text>not
later than 15 days before issuing such license or approving such transfer or
retransfer, submits to the Committee on Foreign Affairs of the House of
Representatives and the Committee on Foreign Relations of the Senate the
justification for approving such license, transfer, or retransfer.</text>
</clause></subparagraph><subparagraph id="HB2D8BB3E705A453D9EE86318B430A314"><enum>(D)</enum><header>Construction</header><text>The
restrictions in subparagraph (A) shall apply in addition to all other
applicable procedures, requirements, and restrictions contained in the Atomic
Energy Act of 1954 and other related laws.</text>
</subparagraph><subparagraph id="H7763B7E8E09B401B8EEBBE80124A5402"><enum>(E)</enum><header>Definition</header><text>In
this paragraph, the term <term>agreement for cooperation</term> has the meaning
given that term in section 11 b. of the Atomic Energy Act of 1954 (42 U.S.C.
2014(b)).</text>
</subparagraph><subparagraph id="H1C3B8351683E45DF92E6F4D9D2FBEFF5"><enum>(F)</enum><header>Applicability</header><text>The
sanctions described in subparagraph (A) shall apply only in a case in which a
person is subject to sanctions under paragraph (1) because of an activity
described in such paragraph in which such person engages on or after the date
of the enactment of this Act.</text>
</subparagraph></paragraph></subsection><subsection id="H22288669DF6A47F8B57363E1ABDE76BA"><enum>(c)</enum><header>Persons against
which the sanctions are to be imposed</header><text>The sanctions described in
subsections (a) and (b)(1) shall be imposed on—</text>
<paragraph id="H723821DF671E4F6EA16EBC52F4F1BBD1"><enum>(1)</enum><text>any person the
President determines has carried out the activities described in subsection (a)
or (b), respectively; and</text>
</paragraph><paragraph id="HAA22DC5EF9EC49EDB84D48D9BB90C64B"><enum>(2)</enum><text>any person
that—</text>
<subparagraph id="H40ABD8C7CD67448A8BF1CAA611E42D47"><enum>(A)</enum><text>is a successor
entity to the person referred to in paragraph (1);</text>
</subparagraph><subparagraph id="HD765DFA28BC949C1B6B8A644A7C19C45"><enum>(B)</enum><text>owns or controls
the person referred to in paragraph (1), if the person that owns or controls
the person referred to in paragraph (1) had actual knowledge or should have
known that the person referred to in paragraph (1) engaged in the activities
referred to in that paragraph; or</text>
</subparagraph><subparagraph id="H7C5F4A6AB48E4CBAB7CED897900F60BE"><enum>(C)</enum><text>is owned or
controlled by, or under common ownership or control with, the person referred
to in paragraph (1), if the person owned or controlled by, or under common
ownership or control with (as the case may be), the person referred to in
paragraph (1) knowingly engaged in the activities referred to in that
paragraph.</text>
</subparagraph><continuation-text continuation-text-level="paragraph">For purposes
of this title, any person or entity described in this subsection shall be
referred to as a <quote>sanctioned person</quote>.</continuation-text></paragraph></subsection><subsection id="H3E2E48B69BDA44C5B2426C497796B6C0"><enum>(d)</enum><header>Publication in
federal register</header><text>The President shall cause to be published in the
Federal Register a current list of persons and entities on whom sanctions have
been imposed under this title. The removal of persons or entities from, and the
addition of persons and entities to, the list, shall also be so
published.</text>
</subsection><subsection id="H56F4480E75864E018927A4ACE3DEDABC"><enum>(e)</enum><header>Publication of
projects</header><text>The President shall cause to be published in the Federal
Register a list of all significant projects that have been publicly tendered in
the oil and gas sector in Iran.</text>
</subsection><subsection id="H04B106E54AF54FB4B072FA9E2721EDFE"><enum>(f)</enum><header>Exceptions</header><text>The
President shall not be required to apply or maintain the sanctions under
subsection (a) or (b)—</text>
<paragraph id="H10AE6318107F4824A66A82F3636DF52E"><enum>(1)</enum><text>in the case of
procurement of defense articles or defense services—</text>
<subparagraph id="H485343BC044B474F8D47863B2507DDC5"><enum>(A)</enum><text>under existing
contracts or subcontracts, including the exercise of options for production
quantities to satisfy requirements essential to the national security of the
United States;</text>
</subparagraph><subparagraph id="H51E838DC3D26459AADC453779251EB07"><enum>(B)</enum><text>if the President
determines in writing that the person to which the sanctions would otherwise be
applied is a sole source supplier of the defense articles or services, that the
defense articles or services are essential, and that alternative sources are
not readily or reasonably available; or</text>
</subparagraph><subparagraph id="HC1D1CC2089734E86A4967E60B5B5A4A4"><enum>(C)</enum><text>if the President
determines in writing that such articles or services are essential to the
national security under defense coproduction agreements;</text>
</subparagraph></paragraph><paragraph id="H76C71CF718D8462B8A5BBA1E780A4D29"><enum>(2)</enum><text>in the case of
procurement, to eligible products, as defined in section 308(4) of the Trade
Agreements Act of 1979 (19 U.S.C. 2518(4)), of any foreign country or
instrumentality designated under section 301(b) of that Act (19 U.S.C.
2511(b));</text>
</paragraph><paragraph id="HEB1C4A020B1D4A429473C42A4DEEE04D"><enum>(3)</enum><text>to products,
technology, or services provided under contracts entered into before the date
on which the President publishes in the Federal Register the name of the person
on whom the sanctions are to be imposed;</text>
</paragraph><paragraph id="H5D9495D1B20144DAAC4AEB0BB58BE4DF"><enum>(4)</enum><text>to—</text>
<subparagraph id="H3478D612E91D4C2092789AA040CAC09D"><enum>(A)</enum><text>spare parts which
are essential to United States products or production;</text>
</subparagraph><subparagraph id="H7173E9A7D6504FC396802922901277D1"><enum>(B)</enum><text>component parts,
but not finished products, essential to United States products or production;
or</text>
</subparagraph><subparagraph id="HFF7BAC36B4D6489DAFD5D97D9F68C90A"><enum>(C)</enum><text>routine servicing
and maintenance of products, to the extent that alternative sources are not
readily or reasonably available;</text>
</subparagraph></paragraph><paragraph id="HD5DB67BAABA3442591D0C520ECB883C8"><enum>(5)</enum><text>to information and
technology essential to United States products or production; or</text>
</paragraph><paragraph id="H0906D4F148EA4F51801E99A14969D129"><enum>(6)</enum><text>to medicines,
medical supplies, or other humanitarian items.</text>
</paragraph></subsection></section><section id="H262ED9EE5DF94152B6320077166F4C52"><enum>106.</enum><header>Description of
sanctions</header>
<subsection id="H4174943B6E564BCF981F2365365C846F"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">The sanctions to be
imposed on a sanctioned person under section 105 of this Act are as
follows:</text>
<paragraph id="H50DE9B2FD4BC4780A9785DC2E855EB2E"><enum>(1)</enum><header>Export-import
bank assistance for exports to sanctioned persons</header><text>The President
may direct the Export-Import Bank of the United States to not give approval to
for the issuance of any guarantee, insurance, extension of credit, or
participation in the extension of credit in connection with the export of any
goods or services to any sanctioned person.</text>
</paragraph><paragraph id="H8D52C39A6A0B4DF1BE7AAD2F7AD5E417"><enum>(2)</enum><header>Export
sanction</header><text>The President may order the United States Government not
to issue any specific license and not to grant any other specific permission or
authority to export any goods or technology to a sanctioned person
under—</text>
<subparagraph id="H1654BEA10B7B42DC9F8CD07395E693C3"><enum>(A)</enum><text>the Export
Administration Act of 1979 (as continued in effect pursuant to the
International Emergency Economic Powers Act);</text>
</subparagraph><subparagraph id="HDEC41E1A361E463ABF6AE104DCA1F430"><enum>(B)</enum><text>the Arms Export
Control Act;</text>
</subparagraph><subparagraph id="H41651AA4F5524085AE5E784642E49D8E"><enum>(C)</enum><text>the Atomic Energy
Act of 1954; or</text>
</subparagraph><subparagraph id="HAA7208878C0E4CF29641DCF37F61B6C4"><enum>(D)</enum><text>any other law that
requires the prior review and approval of the United States Government as a
condition for the export or reexport of goods or services.</text>
</subparagraph></paragraph><paragraph id="HB90835ED3DAE4526BE440E417CADC3AC"><enum>(3)</enum><header>Loans from
united states financial institutions</header><text>The United States Government
may prohibit any United States financial institution from making loans or
providing credits to any sanctioned person totaling more than $10,000,000 in
any 12-month period unless such person is engaged in activities to relieve
human suffering and the loans or credits are provided for such
activities.</text>
</paragraph><paragraph id="HF8A5F98BABB84DE5B0C3A34138CCD211"><enum>(4)</enum><header>Prohibitions on
financial institutions</header><text>The following prohibitions may be imposed
against a sanctioned person that is a financial institution:</text>
<subparagraph id="HE54F2D7BAC9E4FCCAF514CCC0BE558FE"><enum>(A)</enum><header>Prohibition on
designation as primary dealer</header><text>Neither the Board of Governors of
the Federal Reserve System nor the Federal Reserve Bank of New York may
designate, or permit the continuation of any prior designation of, such
financial institution as a primary dealer in United States Government debt
instruments.</text>
</subparagraph><subparagraph id="HCC34F88DB0FB4643AF0C1D467187E56B"><enum>(B)</enum><header>Prohibition on
service as a repository of government funds</header><text>Such financial
institution may not serve as agent of the United States Government or serve as
repository for United States Government funds.</text>
</subparagraph><continuation-text continuation-text-level="paragraph">The
imposition of either sanction under subparagraph (A) or (B) shall be treated as
one sanction for purposes of section 105 of this Act, and the imposition of
both such sanctions shall be treated as 2 sanctions for purposes of section 105
of this Act.</continuation-text></paragraph><paragraph id="HEF4A533A74BA4F3EB29B784DF75CA68B"><enum>(5)</enum><header>Procurement
sanction</header><text>The United States Government may not procure, or enter
into any contract for the procurement of, any goods or services from a
sanctioned person.</text>
</paragraph><paragraph id="H722399D6988A49EFBE57BF4A578DA0C0"><enum>(6)</enum><header>Foreign
exchange</header><text>The President may prohibit any transactions in foreign
exchange that are subject to the jurisdiction of the United States and in which
the sanctioned person has any interest.</text>
</paragraph><paragraph id="H7F74DC721EEB48EAAEF01FE5233E52AB"><enum>(7)</enum><header>Banking
transactions</header><text>The President may prohibit any transfers of credit
or payments between financial institutions or by, through, or to any financial
institution, to the extent that such transfers or payments are subject to the
jurisdiction of the United States and involve any interest of the sanctioned
person.</text>
</paragraph><paragraph id="H31713760B5784E21981E3FA50D8EAC3F"><enum>(8)</enum><header>Property
transactions</header><text>The President may prohibit any person from—</text>
<subparagraph id="H59B9519F8B1C4D1CBA2B4D268DF9ADCB"><enum>(A)</enum><text>acquiring,
holding, withholding, using, transferring, withdrawing, transporting, or
exporting any property that is subject to the jurisdiction of the United States
and with respect to which a sanctioned person has any interest;</text>
</subparagraph><subparagraph id="H46B3D9A474C140C99574F0D8A040D267"><enum>(B)</enum><text>dealing in or
exercising any right, power, or privilege with respect to such property;
or</text>
</subparagraph><subparagraph id="HB259A350EF6F44B38C9DDDECDFA056F0"><enum>(C)</enum><text>conducting any
transaction involving such property.</text>
</subparagraph></paragraph><paragraph id="H00861A3207AD468D9B95C258DAD27010"><enum>(9)</enum><header>Grounds for
exclusion</header><text>The Secretary of State may deny a visa to, and the
Secretary of Homeland Security may deny admission into the United States to,
any alien whom the Secretary of State determines is an alien who, on or after
the date of the enactment of this Act, is a—</text>
<subparagraph id="H052DFB0EDD504EAABDDFFF926C65DD37"><enum>(A)</enum><text>corporate officer,
principal, or shareholder with a controlling interest of a person against whom
sanctions have been imposed under subsection (a) or (b);</text>
</subparagraph><subparagraph id="H6C2B1E22ABBC4F2CB27FD4DB0812D36B"><enum>(B)</enum><text>corporate officer,
principal, or shareholder with a controlling interest of a successor entity to
or a parent or subsidiary of such a sanctioned person;</text>
</subparagraph><subparagraph id="HBB3FF98026734DA49DD325C67A5B5488"><enum>(C)</enum><text>corporate officer,
principal, or shareholder with a controlling interest of an affiliate of such a
sanctioned person, if such affiliate engaged in a sanctionable activity
described in subsection (a) or (b) and if such affiliate is controlled in fact
by such sanctioned person; or</text>
</subparagraph><subparagraph id="H7367618BA79C44F5BB3CE11790DE315C"><enum>(D)</enum><text>spouse, minor
child, or agent of a person inadmissible under subparagraph (A), (B), or
(C).</text>
</subparagraph></paragraph><paragraph id="HF02D5CF9B82C432D92345326C93A0EF9"><enum>(10)</enum><header>Sanctions on
principal executive officers</header><text display-inline="yes-display-inline">The President may impose on the principal
executive officer or officers of any sanctioned person, or on persons
performing similar functions and with similar authorities as such officer or
officers, any of the sanctions under this subsection. The President shall
include on the list published under section 105(d) of this Act the name of any
person against whom sanctions are imposed under this paragraph.</text>
</paragraph><paragraph id="H7197905F4DCC4C558D0C3FF48F0C0E39"><enum>(11)</enum><header>Additional
sanctions</header><text>The President may impose additional sanctions, as
appropriate, in accordance with the International Emergency Economic Powers Act
(50 U.S.C. 1701 et seq.).</text>
</paragraph></subsection><subsection id="H2571B7DE57304C57B885A7C162D8622F"><enum>(b)</enum><header>Additional
measure relating to government contracts</header>
<paragraph id="H2704C8D4645349B18E297D0277F6D3FB"><enum>(1)</enum><header>Modification of
federal acquisition regulation</header><text display-inline="yes-display-inline">The Federal Acquisition Regulation issued
pursuant to section 1303 of title 41, United States Code, shall require a
certification from each person that is a prospective contractor that such
person and any person owned or controlled by the person does not engage in any
activity for which sanctions may be imposed under section 105 or section 304 of
this Act.</text>
</paragraph><paragraph id="HD19FBB7EB3D44CA094B3764692102806"><enum>(2)</enum><header>Remedies</header>
<subparagraph id="HF8D652825D2C42B78B45207C3E75AAC7"><enum>(A)</enum><header>In
general</header><text>If the head of an executive agency determines that a
person has submitted a false certification under paragraph (1) after the date
on which the Federal Acquisition Regulation is revised to implement the
requirements of this subsection, the head of that executive agency shall
terminate a contract with such person or debar or suspend such person from
eligibility for Federal contracts for a period of not less than 2 years. Any
such debarment or suspension shall be subject to the procedures that apply to
debarment and suspension under the Federal Acquisition Regulation under subpart
9.4 of part 9 of title 48, Code of Federal Regulations.</text>
</subparagraph><subparagraph id="HB818F4CF8D9944ADB7C9E901A70BEBC0"><enum>(B)</enum><header>Inclusion on
list of parties excluded from federal procurement and nonprocurement
programs</header><text>The Administrator of General Services shall include on
the List of Parties Excluded from Federal Procurement and Nonprocurement
Programs maintained by the Administrator under part 9 of the Federal
Acquisition Regulation issued pursuant to section 1303 of title 41, United
States Code, each person that is debarred, suspended, or proposed for debarment
or suspension by the head of an executive agency on the basis of a
determination of a false certification under subparagraph (A).</text>
</subparagraph></paragraph><paragraph id="HDA225D62824C4DFD9B1E6537DFE80F6C"><enum>(3)</enum><header>Clarification
regarding certain products</header><text>The remedies specified in paragraph
(2) shall not apply with respect to the procurement of eligible products, as
defined in section 308(4) of the Trade Agreements Act of 1974 (19 U.S.C.
2518(4)), of any foreign country or instrumentality designated under section
301(b) of such Act (19 U.S.C. 2511(b)).</text>
</paragraph><paragraph id="HC8594A2730BD48B5A2DFE2FD768A3CF4"><enum>(4)</enum><header>Rule of
construction</header><text>This subsection shall not be construed to limit the
use of other remedies available to the head of an executive agency or any other
official of the Federal Government on the basis of a determination of a false
certification under paragraph (1).</text>
</paragraph><paragraph id="HC075CE450CA84FCFA812D59EDCD807D7"><enum>(5)</enum><header>Waiver</header><text>The
President may, on a case-by-case basis, waive the requirement that a person
make a certification under paragraph (1) if the President determines and
certifies in writing to the appropriate congressional committees that failure
to exercise such waiver authority would pose an unusual and extraordinary
threat to the vital national security interests of the United States.</text>
</paragraph><paragraph id="H8D734C2554EA4EB0AB3C25B0BA51E129"><enum>(6)</enum><header>Executive agency
defined</header><text>In this subsection, the term <term>executive
agency</term> has the meaning given such term in section 133 of title 41,
United States Code.</text>
</paragraph><paragraph id="HF719C77ECC2E4F51A41380ED17560A33"><enum>(7)</enum><header>Applicability</header><text>The
revisions to the Federal Acquisition Regulation required under paragraph (1)
shall apply with respect to contracts for which solicitations are issued on or
after the date that is 90 days after the date of the enactment of this
Act.</text>
</paragraph></subsection></section><section id="H790512D0BE314180A38B86F5209BDBBC"><enum>107.</enum><header>Advisory
opinions</header><text display-inline="no-display-inline">The Secretary of
State may, upon the request of any person, issue an advisory opinion to such
person as to whether a proposed activity by such person would subject such
person to sanctions under this title. Any person who relies in good faith on
such an advisory opinion which states that such proposed activity would not
subject such person to such sanctions, and any such person who thereafter
engages in such activity, shall not be made subject to such sanctions on
account of such activity.</text>
</section><section id="HC32D73F0162B454183812EDE2F5B7034"><enum>108.</enum><header>Termination of
sanctions</header>
<subsection id="H6B77764C20A54EBE9E884EFC7593E6D5"><enum>(a)</enum><header>Certification</header><text display-inline="yes-display-inline">The requirement under section 105 of this
Act to impose sanctions shall no longer have force or effect with respect to
Iran if the President determines and certifies to the appropriate congressional
committees that Iran—</text>
<paragraph id="H416932EB5F5D45D48F0D79EACCD294AA"><enum>(1)</enum><text>has ceased and
verifiably dismantled its efforts to design, develop, manufacture, or
acquire—</text>
<subparagraph id="HAA062C6369B54616AFFF5FD51B45B1CA"><enum>(A)</enum><text>a nuclear
explosive device or related materials and technology;</text>
</subparagraph><subparagraph id="H53AB6AA3852C4F48851EF19C285AADBB"><enum>(B)</enum><text>chemical and
biological weapons; and</text>
</subparagraph><subparagraph id="H85FE0CCF86D44B9EAB3CD7D33E86E70A"><enum>(C)</enum><text>ballistic missiles
and ballistic missile launch technology;</text>
</subparagraph></paragraph><paragraph id="H4A0F721770BE4E7DB989ADF0BCE0116F"><enum>(2)</enum><text>no longer provides
support for acts of international terrorism; and</text>
</paragraph><paragraph id="HDC17BA4F1CB043519E4329531173D822"><enum>(3)</enum><text>poses no threat to
the national security, interests, or allies of the United States.</text>
</paragraph></subsection><subsection id="HEB5E598CFDAB4FA2879EC691E06D1642"><enum>(b)</enum><header>Notification</header><text>The
President shall notify the appropriate congressional committees not later than
15 days before making the certification described in subsection (a).</text>
</subsection></section><section id="HD0C9562BE89A477F9A8B6EA1D92650C8"><enum>109.</enum><header>Duration of
sanctions</header>
<subsection id="HE8D429391114427797A55593F4A41F33"><enum>(a)</enum><header>Delay of
sanctions</header>
<paragraph id="H7A3A385C04E140E1AF128C75637114E5"><enum>(1)</enum><header>Consultations</header><text display-inline="yes-display-inline">If the President makes a determination
described in section 105 of this Act with respect to a foreign person, Congress
urges the President to initiate consultations immediately with the government
with primary jurisdiction over such foreign person with respect to the
imposition of sanctions under such section.</text>
</paragraph><paragraph id="HFA51A21783334931BBA19F5DDC84E27F"><enum>(2)</enum><header>Actions by
government of jurisdiction</header><text display-inline="yes-display-inline">In
order to pursue consultations under paragraph (1) with the government
concerned, the President may delay for up to 90 days the imposition of
sanctions under section 105 of this Act. Following such consultations, the
President shall immediately impose on the foreign person referred to in
paragraph (1) such sanctions unless the President determines and certifies to
Congress that the government has taken specific and effective actions,
including, as appropriate, the imposition of appropriate penalties to terminate
the involvement of the foreign person in the activities that resulted in the
determination by the President under section 105 of this Act concerning such
foreign person and the foreign person is no longer engaged in such
activities.</text>
</paragraph></subsection><subsection id="HA2676E220A1E41F6871EE27F36F5E3B6"><enum>(b)</enum><header>Duration of
sanctions</header><text display-inline="yes-display-inline">A sanction imposed
under section 105 of this Act shall remain in effect—</text>
<paragraph id="H805FFB41631547C3B4C51A65776B33F0"><enum>(1)</enum><text>for a period of
not less than 2 years beginning on the date on which such sanction is imposed;
or</text>
</paragraph><paragraph id="H1D1BAF0EAE0D4D0DB4D22C14CB2D6AB7"><enum>(2)</enum><text>until such time as
the President determines and certifies to Congress that the person whose
activities were the basis for imposing such sanction is no longer engaging in
such activities and that the President has received reliable assurances that
such person will not knowingly engage in such activities in the future, except
that such sanction shall remain in effect for a period of at least one
year.</text>
</paragraph></subsection><subsection id="H0519F0BC4FBB45E8BC660D23F433347F"><enum>(c)</enum><header>Waiver</header>
<paragraph id="HA2A33829B3F9464080A28FD2D4318AE1"><enum>(1)</enum><header>Authorization</header>
<subparagraph id="H1A9A87FE86644B12BC0D184F7D1E7163"><enum>(A)</enum><header>In
general</header><text display-inline="yes-display-inline">The President may
waive the requirements in section 105(a) or 105(b)(2) of this Act to impose a
sanction or sanctions, and may waive, on a case-by-case basis, the continued
imposition of a sanction or sanctions under subsection (b) of this section, if
the President determines and so reports to the appropriate congressional
committees 15 days prior to the exercise of waiver authority that failure to
exercise such waiver authority would pose an unusual and extraordinary threat
to the vital national security interests of the United States.</text>
</subparagraph><subparagraph id="HABBB359E645F4FF2B3E34B2633DFAA58"><enum>(B)</enum><header>Contents of
report</header><text>Any report under subparagraph (A) shall provide a specific
and detailed rationale for a determination made pursuant to such paragraph,
including—</text>
<clause id="H0B0BA5E219FA4BBCBBC80AE7C3584465"><enum>(i)</enum><text display-inline="yes-display-inline">a description of the conduct that resulted
in the determination under section 105(a) or section 105(b)(2) of this Act, as
the case may be;</text>
</clause><clause id="HA11E63C69AE24BD78DBED3BF9A31D08C"><enum>(ii)</enum><text display-inline="yes-display-inline">in the case of a foreign person, an
explanation of the efforts to secure the cooperation of the government with
primary jurisdiction over such person to terminate or, as appropriate, penalize
the activities that resulted in the determination under section 105(a) or
105(b)(2) of this Act, as the case may be;</text>
</clause><clause id="H6588483C77DE44F6BDA3837669B89D50"><enum>(iii)</enum><text>an
estimate of the significance of the conduct of the person concerned in
contributing to the ability of Iran to develop petroleum resources, produce
refined petroleum products, or import refined petroleum products; and</text>
</clause><clause id="H5B22B15C266F4EFB8AAE8BD0DFA8DE98"><enum>(iv)</enum><text display-inline="yes-display-inline">a statement as to the response of the
United States in the event that the person concerned engages in other
activities that would be subject to a sanction or sanctions under section
105(a) or 105(b)(2) of this Act, as the case may be.</text>
</clause></subparagraph></paragraph><paragraph id="HB4C182F295884D6E931EDF2074337FD9"><enum>(2)</enum><header>Waiver with
respect to persons in countries that cooperate in multilateral efforts with
respect to Iran</header>
<subparagraph id="H6744F3C29B1D44E1A07CEE2080FCCDEA"><enum>(A)</enum><header>In
general</header><text display-inline="yes-display-inline">The President may, on
a case-by-case basis, waive for a period of not more than 12 months the
application of section 105(a) of this Act with respect to a person if the
President, at least 30 days before the waiver is to take effect—</text>
<clause id="H57706A484AB34265897F83E0510FCF2D"><enum>(i)</enum><text>certifies to the
appropriate congressional committees that—</text>
<subclause id="H3EDEBEC21718402F82087159CA7254B7"><enum>(I)</enum><text>the government
with primary jurisdiction over the person is closely cooperating with the
United States in multilateral efforts to prevent Iran from—</text>
<item id="H1E53AEDA77F845F2824857EF43D56749"><enum>(aa)</enum><text>acquiring or
developing chemical, biological, or nuclear weapons or related technologies;
or</text>
</item><item id="H26C6EB4475134D3A902C33E4F5D1A472"><enum>(bb)</enum><text>acquiring or
developing destabilizing numbers and types of advanced conventional weapons;
and</text>
</item></subclause><subclause id="HBB516B4D5B944D40B38AEC6CDBC2F60F"><enum>(II)</enum><text>such a waiver is
vital to the national security interests of the United States; and</text>
</subclause></clause><clause id="H79459CC706EC4FDCA24111ECDA9DCDC9"><enum>(ii)</enum><text>submits to the
appropriate congressional committees a report identifying—</text>
<subclause id="H50F8650F44734F55B82494674E5EC407"><enum>(I)</enum><text>the person with
respect to which the President waives the application of sanctions; and</text>
</subclause><subclause id="HB2C620C5F39A453CB4EEA17653699A58"><enum>(II)</enum><text>the actions taken
by the government described in clause (i)(I) to cooperate in multilateral
efforts described in that clause.</text>
</subclause></clause></subparagraph><subparagraph id="HB86AD40CE9A341F2BCF20E1A9E5E64A2"><enum>(B)</enum><header>Subsequent
renewal of waiver</header><text>At the conclusion of the period of a waiver
under subparagraph (A), the President may renew the waiver—</text>
<clause id="HEF2483CDA39D490FA612B5D1ED71669E"><enum>(i)</enum><text>if
the President determines, in accordance with subparagraph (A), that the waiver
is appropriate; and</text>
</clause><clause id="H20BFE7A1EE854228B4E954021C3A0D61"><enum>(ii)</enum><text>for
subsequent periods of not more than 12 months each.</text>
</clause></subparagraph></paragraph><paragraph display-inline="no-display-inline" id="HF3C026AE65494D93AE549E3EB328287E"><enum>(3)</enum><header>Publication in
the Federal Register</header><text display-inline="yes-display-inline">Not
later than 15 days after any waiver authority is exercised pursuant to
paragraph (1) or (2) of this subsection, the name of the person or entity with
respect to which sanctions are being waived shall be published in the Federal
Register.</text>
</paragraph></subsection></section><section id="H804EE710410441F58683A3911A243632"><enum>110.</enum><header>Reports
required</header>
<subsection id="H35262C56B8AB4852A5F218549E0CA1EA"><enum>(a)</enum><header>Report on
certain international initiatives</header><text>Not later than 180 days after
the date of the enactment of this Act and every 180 days thereafter, the
President shall transmit to the appropriate congressional committees a report
describing—</text>
<paragraph id="H8A1ACD572C7B46188769ADF347AAB290"><enum>(1)</enum><text>the efforts of the
President to mount a multilateral campaign to persuade all countries to
pressure Iran to cease its nuclear, chemical, biological, and missile weapons
programs and its support of acts of international terrorism;</text>
</paragraph><paragraph id="H7509C51BDF624D9A8B18F31B3AD898D6"><enum>(2)</enum><text>the efforts of the
President to persuade other governments to ask Iran to reduce in the countries
of such governments the presence of Iranian diplomats and representatives of
other government and military or quasi-governmental institutions of Iran, and
to withdraw any such diplomats or representatives who participated in the
takeover of the United States Embassy in Tehran, Iran, on November 4, 1979, or
the subsequent holding of United States hostages for 444 days;</text>
</paragraph><paragraph id="HE805F4372ABA4AB99AE0D55146F1C9DD"><enum>(3)</enum><text>the extent to
which the International Atomic Energy Agency has established regular
inspections of all nuclear facilities in Iran, including those facilities
presently under construction; and</text>
</paragraph><paragraph id="HEF5D6C848B324DEDAA21D6639E78ECD2"><enum>(4)</enum><text>Iran’s use of
Iranian diplomats and representatives of other government and military or
quasi-governmental institutions of Iran to promote acts of international
terrorism or to develop or sustain Iran’s nuclear, chemical, biological, or
missile weapons programs.</text>
</paragraph></subsection><subsection id="H30132DC190D84821B74187AB444F7C05"><enum>(b)</enum><header>Report on
effectiveness of actions under this act</header><text>Not later than 180 days
after the date of the enactment of this Act and annually thereafter, the
President shall transmit to Congress a report that describes—</text>
<paragraph id="HC8240093C2D646918B3A4136DB27E831"><enum>(1)</enum><text>the extent to
which actions relating to trade taken pursuant to this title have—</text>
<subparagraph id="HB28BB0A3D5FB47F19A9A410874E03E30"><enum>(A)</enum><text display-inline="yes-display-inline">been effective in achieving the policy
objective described in section 103 of this Act and any other foreign policy or
national security objectives of the United States with respect to Iran;
and</text>
</subparagraph><subparagraph id="H469FFE23BC5C4090989EDEC5183C9592"><enum>(B)</enum><text>affected
humanitarian interests in Iran, the country in which a sanctioned person is
located, or in other countries; and</text>
</subparagraph></paragraph><paragraph id="H7B2E42CD411E461A81A0F4F611E361C7"><enum>(2)</enum><text>the impact of
actions relating to trade taken pursuant to this title on other national
security, economic, and foreign policy interests of the United States,
including relations with countries friendly to the United States, and on the
United States economy.</text>
</paragraph><continuation-text continuation-text-level="subsection">The
President may include in such reports the President’s recommendation on whether
or not this Act should be terminated or modified.</continuation-text></subsection><subsection id="H5A714614F57F4990B7671307CAE57305"><enum>(c)</enum><header>Other
reports</header><text>The President shall ensure the continued transmittal to
Congress of reports describing—</text>
<paragraph id="HE72467D3D2BE449AA3201B87D9CDB6B4"><enum>(1)</enum><text>the nuclear and
other military capabilities of Iran, as required under section 601(a) of the
Nuclear Non-Proliferation Act of 1978 and section 1607 of the National Defense
Authorization Act for Fiscal Year 1993; and</text>
</paragraph><paragraph id="HFA0BA4F57230419A89373CDFAE1CA374"><enum>(2)</enum><text>the support
provided by Iran for acts of international terrorism, as part of the Department
of State’s annual reports on international terrorism.</text>
</paragraph></subsection><subsection id="HEB40490E5F4949FABAAF60B2BD0E6553"><enum>(d)</enum><header>Reports on
global trade relating to iran</header><text>Not later than 180 days after the
date of the enactment of the this Act and annually thereafter, the President
shall transmit to the appropriate congressional committees a report, with
respect to the most recent 12-month period for which data are available, on the
dollar value amount of trade, including in the energy sector, between Iran and
each country maintaining membership in the Group of 20 Finance Ministers and
Central Bank Governors.</text>
</subsection></section><section id="H752A58830F624800A9E78AC6F6C98E97"><enum>111.</enum><header>Determinations
not reviewable</header><text display-inline="no-display-inline">A determination
to impose sanctions under this title shall not be reviewable in any
court.</text>
</section><section id="H08514E578F5D46E3B943CA2649B71146"><enum>112.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text>
<paragraph id="H34EE840C4EAD4B85848AC412CBD17455"><enum>(1)</enum><header>Act of
international terrorism</header><text>The term <term>act of international
terrorism</term> has the meaning given such term in section 2331 of title 18,
United States Code.</text>
</paragraph><paragraph id="H57C31DF144544ACBA9C883A33054F6F7"><enum>(2)</enum><header>Appropriate
congressional committees</header><text>The term <term>appropriate congressional
committees</term> means—</text>
<subparagraph id="HC91B7D07CEA2435A9A5E10D8EC2795B0"><enum>(A)</enum><text>the Committee on
Ways and Means, the Committee on Banking and Financial Services, the Committee
on Financial Services, and the Committee on Foreign Affairs of the House of
Representatives; and</text>
</subparagraph><subparagraph id="HC1F0081BE498479BBBAD4517DB514EE3"><enum>(B)</enum><text>the Committee on
Finance, the Committee on Banking, Housing, and Urban Affairs, and the
Committee on Foreign Relations of the Senate.</text>
</subparagraph></paragraph><paragraph id="H8E84CFCB75064EFE9F1E5D1C7F6618C7"><enum>(3)</enum><header>Component
part</header><text>The term <term>component part</term> has the meaning given
such term in section 11A(e)(1) of the Export Administration Act of 1979 (50
U.S.C. App. 2410a(e)(1)).</text>
</paragraph><paragraph id="H60A6A32DCAAE4D4EB729A86EBCEA45EE"><enum>(4)</enum><header>Credible
information</header><text display-inline="yes-display-inline">The term
<term>credible information</term> means, with respect to a person, such
person’s public announcement of an investment described in section 105 of this
Act, Iranian governmental announcements of such an investment, reports to
stockholders, annual reports, industry reports, Government Accountability
Office products, State and local government reports, and trade
publications.</text>
</paragraph><paragraph id="HE79F5DFF2ABB4A99993AEDD6D5C9CB5C"><enum>(5)</enum><header>Develop and
development</header><text>The terms <term>develop</term> and
<term>development</term> mean the exploration for, or the extraction, refining,
or transportation by pipeline of, petroleum resources.</text>
</paragraph><paragraph id="HBFB327E5DEEC4763A64AFB7A1B3DF6DB"><enum>(6)</enum><header>Financial
institution</header><text>The term <term>financial institution</term>
includes—</text>
<subparagraph id="HEEACCECBC2F04986BBAFA69DCF5ABD52"><enum>(A)</enum><text>a depository
institution (as defined in section 3(c)(1) of the Federal Deposit Insurance
Act), including a branch or agency of a foreign bank (as defined in section
1(b)(7) of the International Banking Act of 1978);</text>
</subparagraph><subparagraph id="H45E6779E354B41A59033311F9397BF9D"><enum>(B)</enum><text>a credit
union;</text>
</subparagraph><subparagraph id="H26FF95E1B94C4DC28AFA9ACE0C6C09E0"><enum>(C)</enum><text>a securities firm,
including a broker or dealer;</text>
</subparagraph><subparagraph id="H2FBB746B29AD43A7A537CC4F9E100267"><enum>(D)</enum><text>an insurance
company, including an agency or underwriter; and</text>
</subparagraph><subparagraph id="H5C03870CBBE34B20BB95BF77C5149BF7"><enum>(E)</enum><text>any other company
that provides financial services including joint ventures with Iranian entities
both inside and outside of Iran and partnerships or investments with Iranian
government-controlled entities or affiliated entities.</text>
</subparagraph></paragraph><paragraph id="HE07593F6A9CC426292B9449F87629E7C"><enum>(7)</enum><header>Finished
product</header><text>The term <term>finished product</term> has the meaning
given such term in section 11A(e)(2) of the Export Administration Act of 1979
(50 U.S.C. App. 2410a(e)(2)).</text>
</paragraph><paragraph id="H1C005F6D00384ABCB956038BF0543C7D"><enum>(8)</enum><header>Foreign
person</header><text>The term <term>foreign person</term> means—</text>
<subparagraph id="H2451A5E8FB9D499DA1AB9796938A3626"><enum>(A)</enum><text>an individual who
is not a United States person or an alien lawfully admitted for permanent
residence into the United States; or</text>
</subparagraph><subparagraph id="H17DF1E0694204E85B2785A8F46FF36CE"><enum>(B)</enum><text>a corporation,
partnership, joint venture, cooperative venture, or other nongovernmental
entity which is not a United States person.</text>
</subparagraph></paragraph><paragraph id="H0106165E9042450DA005412ECCB29AEB"><enum>(9)</enum><header>Foreign
terrorist organization</header><text>The term <term>foreign terrorist
organization</term> means an organization designated by the Secretary of State
as a foreign terrorist organization in accordance with section 219(a) of the
Immigration and Nationality Act (8 U.S.C. 1189(a)).</text>
</paragraph><paragraph id="HEFD76802012441F49B0F012999F033A9"><enum>(10)</enum><header>Goods and
technology</header><text>The terms <term>goods</term> and
<term>technology</term> have the meanings given such terms in section 16 of the
Export Administration Act of 1979 (50 U.S.C. App. 2415).</text>
</paragraph><paragraph id="H42A05A7143D7406C9D6CCE90749AB4C7"><enum>(11)</enum><header>Investment</header><text>The
term <term>investment</term> means any of the following activities if any of
such activities is undertaken pursuant to an agreement, or pursuant to the
exercise of rights under such an agreement, that is entered into with the
Government of Iran or a nongovernmental entity in Iran, on or after the date of
the enactment of this Act:</text>
<subparagraph id="H3B3343372B8549DEA08E5E2534AAA003"><enum>(A)</enum><text>The entry into a
contract that includes responsibility for the development of petroleum
resources located in Iran, or the entry into a contract providing for the
general supervision and guarantee of another person’s performance of such a
contract.</text>
</subparagraph><subparagraph id="HC5F42AD6E57D417AA01C862A1782F5A8"><enum>(B)</enum><text>The purchase of a
share of ownership, including an equity interest, in the development described
in subparagraph (A).</text>
</subparagraph><subparagraph id="H974307EC3D9B419DA2730373EC6DC149"><enum>(C)</enum><text>The entry into a
contract providing for the participation in royalties, earnings, or profits in
the development described in subparagraph (A), without regard to the form of
such participation.</text>
</subparagraph><subparagraph id="H240AFBEFAEB44CCDA3D54C31BF86E44A"><enum>(D)</enum><text>The provision of
goods, services, or technology related to petroleum resources.</text>
</subparagraph></paragraph><paragraph id="H65966CCB59CD4BD2AABE72E7651BB8D8"><enum>(12)</enum><header>Iran</header><text>The
term <term>Iran</term> includes any agency or instrumentality of Iran.</text>
</paragraph><paragraph id="H2DCCDF487E9F4FA3B1B054DC3A4FD555"><enum>(13)</enum><header>Iranian
diplomats and representatives of other government and military or
quasi-governmental institutions of iran</header><text>The term <term>Iranian
diplomats and representatives of other government and military or
quasi-governmental institutions of Iran</term> includes employees,
representatives, or affiliates of Iran’s—</text>
<subparagraph id="H242B70861EBF4CF2A01746293048B179"><enum>(A)</enum><text>Foreign
Ministry;</text>
</subparagraph><subparagraph id="H374446864E294647A70BA34A05081883"><enum>(B)</enum><text>Ministry of
Intelligence and Security;</text>
</subparagraph><subparagraph id="H9429FBCE184E42C6B968AFB0A227E065"><enum>(C)</enum><text>Revolutionary
Guard Corps and affiliated entities;</text>
</subparagraph><subparagraph id="HC8BCF856DF21439C9631487A52629E86"><enum>(D)</enum><text>Crusade for
Reconstruction;</text>
</subparagraph><subparagraph id="H9A3B2A78FA0B4BA991F7BA6316585AEC"><enum>(E)</enum><text>Qods (Jerusalem)
Forces;</text>
</subparagraph><subparagraph id="HD33B2F09E79E44C08C87A30BEE35DDD7"><enum>(F)</enum><text>Interior
Ministry;</text>
</subparagraph><subparagraph id="HC78BB1BD576B4AA89722A45441B5AAE4"><enum>(G)</enum><text>Foundation for the
Oppressed and Disabled;</text>
</subparagraph><subparagraph id="H088DEC9ED64D4447A87BB2E0ADB4206A"><enum>(H)</enum><text>Prophet’s
Foundation;</text>
</subparagraph><subparagraph id="HCF54585F5A6447B2B1D5C3766701B409"><enum>(I)</enum><text>June 5th
Foundation;</text>
</subparagraph><subparagraph id="H4DA426FBE1D34DD09052B16669E2CA88"><enum>(J)</enum><text>Martyr’s
Foundation;</text>
</subparagraph><subparagraph id="H3FA0FABD739E4787BFE70C26C959EF48"><enum>(K)</enum><text>Islamic
Propagation Organization; and</text>
</subparagraph><subparagraph id="HB729B51BBF6E4A6F8BF430EC5159D875"><enum>(L)</enum><text>Ministry of
Islamic Guidance.</text>
</subparagraph></paragraph><paragraph id="H577BA56BC320419F8824C3A86C22D6D9"><enum>(14)</enum><header>Knowingly</header><text>The
term <term>knowingly</term>, with respect to conduct, a circumstance, or a
result means that a person has actual knowledge, or should have known, of the
conduct, the circumstance, or the result of such conduct, circumstance, or
result.</text>
</paragraph><paragraph id="HEA1F960973DA47B9AAD80EF553D53454"><enum>(15)</enum><header>Nuclear
explosive device</header><text>The term <term>nuclear explosive device</term>
means any device, whether assembled or disassembled, that is designed to
produce an instantaneous release of an amount of nuclear energy from special
nuclear material (as defined in section 11(aa) of the Atomic Energy Act of 1954
(42 U.S.C. 2014(aa))) that is greater than the amount of energy that would be
released from the detonation of one pound of trinitrotoluene (TNT).</text>
</paragraph><paragraph id="HFCD2F8C447374B2A9B9D979503A10E50"><enum>(16)</enum><header>Person</header>
<subparagraph id="H7FC13C9B561343EBA0637C742F6FBE2A"><enum>(A)</enum><header>In
general</header><text>The term <term>person</term> means—</text>
<clause id="HF858478EF5EC487D8602DAE0BE2503E7"><enum>(i)</enum><text>a
natural person;</text>
</clause><clause id="H814D01D2642140079BE79B136138B3E4"><enum>(ii)</enum><text>a
corporation, business association, partnership, society, trust, financial
institution, insurer, underwriter, guarantor, or any other business
organization, any other nongovernmental entity, organization, or group, and any
governmental entity operating as a business enterprise; and</text>
</clause><clause id="HA9CFB328F237495CAA4B2BDDF63E239D"><enum>(iii)</enum><text>any successor to
any entity described in clause (ii).</text>
</clause></subparagraph><subparagraph id="HE93277F20C5044DE9E4A48B4E61A709F"><enum>(B)</enum><header>Exclusion</header><text>The
term <term>person</term> does not include a government or governmental entity
that is not operating as a business enterprise.</text>
</subparagraph></paragraph><paragraph id="H08E362349DBD4288A9423C2E91E4E8CB"><enum>(17)</enum><header>Petroleum
resources</header><text>The term <term>petroleum resources</term> includes
petroleum and natural gas resources, refined petroleum products, oil or
liquefied natural gas, oil or liquefied natural gas tankers, and products used
to construct or maintain pipelines used to transport oil or liquefied natural
gas.</text>
</paragraph><paragraph id="H4D22AAEFFDE14F2395D014F4D28E5A86"><enum>(18)</enum><header>Refined
petroleum products</header><text>The term <term>refined petroleum
products</term> means diesel, gasoline, jet fuel (including naphtha-type and
kerosene-type jet fuel), and aviation gasoline.</text>
</paragraph><paragraph id="HC2C083E6D834461595D82BC0FDB82700"><enum>(19)</enum><header>United states
or state</header><text>The terms <term>United States</term> and
<term>State</term> mean the several States, the District of Columbia, the
Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands,
American Samoa, Guam, the United States Virgin Islands, and any other territory
or possession of the United States.</text>
</paragraph><paragraph id="H0CA351730DDF429F8D303723478D5962"><enum>(20)</enum><header>United states
person</header><text>The term <term>United States person</term> means—</text>
<subparagraph id="H747655667759412D8CA32800BE7FF062"><enum>(A)</enum><text>a natural person
who is a citizen of the United States or who owes permanent allegiance to the
United States; and</text>
</subparagraph><subparagraph id="H4DEAB0C49F214938A675B9CDCD31ECAE"><enum>(B)</enum><text>a corporation or
other legal entity that is organized under the laws of the United States or any
State if a natural person described in subparagraph (A) owns more than 50
percent of the outstanding capital stock or other beneficial interest in such
corporation or legal entity.</text>
</subparagraph></paragraph></section><section id="HDA543F30B7754991BF09E0AC1573E3E7"><enum>113.</enum><header>Effective
date</header><text display-inline="no-display-inline">This title shall take
effect on the date of the enactment of this Act and shall apply with respect to
an investment or activity described in subsection (a) or (b) of section 105 of
this Act that is commenced on or after such date of enactment.</text>
</section><section id="H09159E684F6C4396B0290663CF60744E"><enum>114.</enum><header>Repeal</header>
<subsection id="H0A77BBF50CED497FBE1E50E699B00AB6"><enum>(a)</enum><header>In
general</header><text>The Iran Sanctions Act of 1996 (50 U.S.C. 1701 note) is
repealed.</text>
</subsection><subsection id="H5DA4F062576A42F7942B59AAEF3F9371"><enum>(b)</enum><header>Conforming
amendments</header><text>The Comprehensive Iran Sanctions, Accountability, and
Divestment Act of 2010 (Public Law 111–195; 22 U.S.C. 8501 et seq.) is
amended—</text>
<paragraph id="H1ED28832BCCD472AAF78F9251732F74C"><enum>(1)</enum><text>in section
103(b)(3)(E), by striking <quote>section 14 of the Iran Sanctions Act of 1996
(Public Law 104–172; 50 U.S.C. 1701 note)</quote> and inserting <quote>section
112 of the Iran Threat Reduction Act of 2011</quote>;</text>
</paragraph><paragraph id="H51C6E389F71A4228AC468EEF5D0D28CE"><enum>(2)</enum><text>in section
111(a)(1), by striking <quote>section 5 of the Iran Sanctions Act of 1996, as
amended by section 102 of this Act</quote> and inserting <quote>section 105 of
the Iran Threat Reduction Act of 2011</quote>;</text>
</paragraph><paragraph id="H19FE9FC3E3744C6E9CC91F22F1746893"><enum>(3)</enum><text>in section 112(3),
by striking <quote>Iran Sanctions Act of 1996, as amended by section 102 of
this Act,</quote> and inserting <quote>Iran Threat Reduction Act of
2011</quote>; and</text>
</paragraph><paragraph id="H10614D31D96746F18BF2CC62856EDA93"><enum>(4)</enum><text display-inline="yes-display-inline">in section 201(2), by striking
<quote>section 14 of the Iran Sanctions Act of 1996 (Public Law 104–172; 50
U.S.C. 1701 note)</quote> and inserting <quote>section 112 of the Iran Threat
Reduction Act of 2011</quote>.</text>
</paragraph></subsection><subsection id="HD18604004EE24B1EBCCB972E65966B75"><enum>(c)</enum><header>References</header><text>Any
reference in a law, regulation, document, or other record of the United States
to the Iran Sanctions Act of 1996 shall be deemed to be a reference to this
title.</text>
</subsection><subsection id="HA433EFB0F6204AD58FFAC1C48E1E4475"><enum>(d)</enum><header>Federal
acquisition regulation</header><text>Notwithstanding the repeal made by
subsection (a), the modification to the Federal Acquisition Regulation made
pursuant to section 6(b)(1) of the Iran Sanctions Act of 1996 shall continue in
effect until the modification to such Regulation that is made pursuant to
section 106(b)(1) of this Act takes effect.</text>
</subsection></section><enum>II</enum><header>Iran
freedom support</header>
<section id="H2AA3BE8458DE426BB9255A93AC307C3E"><enum>201.</enum><header>Codification of
sanctions</header><text display-inline="no-display-inline">United States
sanctions with respect to Iran imposed pursuant to—</text>
<paragraph id="HFF7287F8AEE4477D87C718423C00CB62"><enum>(1)</enum><text>sections 1 and 3
of Executive Order No. 12957;</text>
</paragraph><paragraph id="H6BB979C0DE6641EEAEB6C969E8F05770"><enum>(2)</enum><text>sections 1(e),
1(g), and 3 of Executive Order No. 12959;</text>
</paragraph><paragraph id="H5548EADD7A3543818A78F92E9F7DE56F"><enum>(3)</enum><text>sections 2, 3, and
5 of Executive Order No. 13059;</text>
</paragraph><paragraph id="H132C69313143452DAE4229716FCE180D"><enum>(4)</enum><text>sections 1, 5, 6,
7, and 8 of Executive Order No. 13553; or</text>
</paragraph><paragraph id="HC5302C7908574EC9B78D2CF6076BF6A2"><enum>(5)</enum><text>sections 1, 2, and
5 of Executive Order No. 13574,</text>
</paragraph></section><appropriations-major id="LEXA-Repairid844A381215E1429E9FF7E616774F06A9"><subsection id="LEXA-Repairid74330777624D44EB958E377A55671CB3"><enum></enum><continuation-text continuation-text-level="subsection">as in
effect on September 1, 2011, shall remain in effect until the President
certifies to the appropriate congressional committees, at least 90 days before
the removal of such sanctions, that the Government of Iran has verifiably
dismantled its nuclear weapons program, its biological and chemical weapons
programs, its ballistic missile development programs, and ceased its support
for international terrorism.</continuation-text></subsection></appropriations-major><section id="HFE67A1DD2BEE42079A86E588B1DAF862"><enum>202.</enum><header>Liability of
parent companies for violations of sanctions by foreign subsidiaries</header>
<subsection id="H0177935EB39C4919A6651708B16315FC"><enum>(a)</enum><header>Definitions</header><text>In
this section:</text>
<paragraph id="HD2E84A3C39A742DD99C3A963A99570A2"><enum>(1)</enum><header>Entity</header><text>The
term <quote>entity</quote> means a partnership, association, trust, joint
venture, corporation, or other organization.</text>
</paragraph><paragraph id="H155CD0C38A6D4D1B8BD923218AFE1A11"><enum>(2)</enum><header>Own or
control</header><text>The term <quote>own or control</quote> means, with
respect to an entity—</text>
<subparagraph id="H0A308567DDE9436EBD4D59518F738081"><enum>(A)</enum><text>to hold more than
50 percent of the equity interest by vote or value in the entity;</text>
</subparagraph><subparagraph id="H60DD7E47414B4EFAB86C08F236B3A916"><enum>(B)</enum><text>to hold a majority
of seats on the board of directors of the entity; or</text>
</subparagraph><subparagraph id="HCE957E48E43E4DF8BE429BCC43B4A53C"><enum>(C)</enum><text>to otherwise
control the actions, policies, or personnel decisions of the entity.</text>
</subparagraph></paragraph><paragraph id="H32CA5DCB90CF426AA6FC96E2D87B54E5"><enum>(3)</enum><header>Subsidiary</header><text>The
term <quote>subsidiary</quote> means an entity that is owned or controlled by a
United States person.</text>
</paragraph><paragraph id="H54DB982FD12C4B0FA6A43819191314CD"><enum>(4)</enum><header>United states
person</header><text>The term <quote>United States person</quote> means—</text>
<subparagraph id="HB82EA63424684F48BF6359CA7C179EFA"><enum>(A)</enum><text>a natural person
who is a citizen, resident, or national of the United States; and</text>
</subparagraph><subparagraph id="H934F8179E6694AA19931864CF852B687"><enum>(B)</enum><text>an entity that is
organized under the laws of the United States, any State or territory thereof,
or the District of Columbia, if natural persons described in subparagraph (A)
own or control the entity.</text>
</subparagraph></paragraph></subsection><subsection id="H4974DCD208324ECCAD39A22B159BFDE4"><enum>(b)</enum><header>In
general</header><text display-inline="yes-display-inline">A United States
person shall be subject to a penalty for a violation of the provisions of
Executive Order No. 12959 (50 U.S.C. 1701 note) or Executive Order No. 13059
(50 U.S.C. 1701 note), or any other prohibition on transactions with respect to
Iran imposed under the authority of the International Emergency Economic Powers
Act (50 U.S.C. 1701 et seq.), if the President determines that a subsidiary of
the United States person that is established or maintained outside the United
States engages in an act that, if committed in the United States or by a United
States person, would violate such provisions.</text>
</subsection><subsection id="H403B3C96DC8D468EAC33050B4D9D0519"><enum>(c)</enum><header>Effective
date</header>
<paragraph id="H99C0360EC38D467E9169C80A19C87367"><enum>(1)</enum><header>In
general</header><text>Subsection (b) shall take effect on the date of the
enactment of this Act and apply with respect to acts described in subsection
(b)(2) that are—</text>
<subparagraph id="H04DB290BDAE548ED94276C4F559B1FD7"><enum>(A)</enum><text>commenced on or
after the date of the enactment of this Act; or</text>
</subparagraph><subparagraph id="HED88F18EADCE45E7B69195B676A795AD"><enum>(B)</enum><text>except as provided
in paragraph (2), commenced before such date of enactment, if such acts
continue on or after such date of enactment.</text>
</subparagraph></paragraph><paragraph id="H3ABEC61061794D06AE136B3FF79C1147"><enum>(2)</enum><header>Exception</header><text>Subsection
(b) shall not apply with respect to an act described in paragraph (1)(B) by a
subsidiary owned or controlled by a United States person if the United States
person divests or terminates its business with the subsidiary not later than 90
days after the date of the enactment of this Act.</text>
</paragraph></subsection></section><section id="H3B8E3FE23F354B4DA6525A487C03555B"><enum>203.</enum><header>Declaration of
Congress regarding United States policy toward Iran</header><text display-inline="no-display-inline">It shall be the policy of the United States
to support those individuals in Iran seeking a free, democratic government that
respects the rule of law and protects the rights of all citizens.</text>
</section><section id="HDDF37152D8354C67B72233A3B7404003"><enum>204.</enum><header>Assistance to
support democracy in Iran</header>
<subsection id="HD701B128E1774282B4082D85A77453F3"><enum>(a)</enum><header>Assistance
authorized</header><text>The President is authorized to provide financial and
political assistance (including the award of grants) to foreign and domestic
individuals, organizations, and entities that support democracy and the
promotion of democracy in Iran. Such assistance may include the award of grants
to eligible independent prodemocracy broadcasting organizations and new media
that broadcast into Iran.</text>
</subsection><subsection id="HDD5298F14FAD4EF6A998FFC3786247E9"><enum>(b)</enum><header>Eligibility for
assistance</header><text>Financial and political assistance authorized under
this section shall be provided only to an individual, organization, or entity
that—</text>
<paragraph id="H3C5B6DE6F4E648CD94A5AA5F00B97F16"><enum>(1)</enum><text>officially opposes
the use of violence and terrorism and has not been designated as a foreign
terrorist organization under section 219(a) of the Immigration and Nationality
Act (8 U.S.C. 1189(a)) at any time during the preceding 4 years;</text>
</paragraph><paragraph id="H0A31AA8AB4A74801B62D942930DCEEBE"><enum>(2)</enum><text>advocates the
adherence by Iran to nonproliferation regimes for nuclear, chemical, and
biological weapons and materiel;</text>
</paragraph><paragraph id="HA9418EE9291842949A1133E38B118BA0"><enum>(3)</enum><text>is dedicated to
democratic values and supports the adoption of a democratic form of Government
in Iran;</text>
</paragraph><paragraph id="HB43D86A8F34F43B2A064F2A024ECE309"><enum>(4)</enum><text>is dedicated to
respect for human rights, including the fundamental equality of women;</text>
</paragraph><paragraph id="H841645181747420FB01C22B276F8BE97"><enum>(5)</enum><text>works to establish
equality of opportunity for all people; and</text>
</paragraph><paragraph id="H529FEC6CE3334088AAC4A049224DE293"><enum>(6)</enum><text>supports freedom
of the press, freedom of speech, freedom of association, and freedom of
religion.</text>
</paragraph></subsection><subsection id="HA261D228022F4441AB6A6501AD1FCF58"><enum>(c)</enum><header>Funding</header><text>Financial
and political assistance authorized under this section may only be provided
using funds available to the Middle East Partnership Initiative (MEPI), the
Broader Middle East and North Africa Initiative, the Human Rights and Democracy
Fund, and the Near East Regional Democracy Fund.</text>
</subsection><subsection id="HA39D303D352449028CD32BC3CAD412E8"><enum>(d)</enum><header>Notification</header><text>Not
later than 15 days before each obligation of assistance under this section, and
in accordance with the procedures under section 634A of the Foreign Assistance
Act of 1961 (22 U.S.C. 2394–l), the President shall notify the Committee on
Foreign Affairs and the Committee on Appropriations of the House of
Representatives and the Committee on Foreign Relations and the Committee on
Appropriations of the Senate of such obligation of assistance. Such
notification shall include, as practicable, a description of the types of
programs supported by such assistance and an identification of the recipients
of such assistance.</text>
</subsection><subsection id="H38EEB1A9E8BE402292326D9C3C2F714D"><enum>(e)</enum><header>Sense of
congress regarding diplomatic assistance</header><text>It is the sense of
Congress that—</text>
<paragraph id="H53A80E1583DD489EBDD7C4255A220A0D"><enum>(1)</enum><text>contacts should be
expanded with opposition groups in Iran that meet the criteria for eligibility
for assistance under subsection (b);</text>
</paragraph><paragraph id="HA2C12F62FAD648E38C8DF5E132FA3132"><enum>(2)</enum><text>support for those
individuals seeking democracy in Iran should be expressed by United States
representatives and officials in all appropriate international fora; and</text>
</paragraph><paragraph id="HD247FE506F0A45B792CF5C8502543295"><enum>(3)</enum><text>officials and
representatives of the United States should—</text>
<subparagraph id="HFDDB69305E0A4ABAA0F2FC1F856DB35D"><enum>(A)</enum><text>strongly and
unequivocally support indigenous efforts in Iran calling for free, transparent,
and democratic elections; and</text>
</subparagraph><subparagraph id="H25F1BDE3C48244819BCAE8FAEA768B71"><enum>(B)</enum><text>draw international
attention to violations by the Government of Iran of human rights, freedom of
religion, freedom of assembly, and freedom of the press.</text>
</subparagraph></paragraph></subsection></section><section id="H1B35BB18A84446C09C11428E2EE30997"><enum>205.</enum><header>Imposition of
sanctions on certain persons who are responsible for or complicit in human
rights abuses committed against citizens of Iran or their family members after
the June 12, 2009, elections in Iran</header>
<subsection id="HDB6EFEF47E10479396AC384F06C4DC3E"><enum>(a)</enum><header>List of persons
who are responsible for or complicit in certain human rights abuses; sanctions
on such persons</header>
<paragraph id="H9C1DC3E39CC24B43BE6635B2469FED74"><enum>(1)</enum><header>In
general</header><text>Not later than 90 days after the date of the enactment of
this Act, the President shall transmit to the appropriate congressional
committees a list of all persons who are senior officials of the Government of
Iran, including the Supreme Leader, the President, Members of the Cabinet,
Members of the Assembly of Experts, Members of the Ministry of Intelligence
Services, or any Member of the Iranian Revolutionary Guard Corps with the rank
of brigadier general and above, including members of paramilitary organizations
such as Ansar-e-Hezbollah and Basij-e Mostaz’afin.</text>
</paragraph><paragraph id="H638C7827C7BA4A72AC5227893B62334F"><enum>(2)</enum><header>Certification</header><text>The
President shall impose on the persons specified in the list under paragraph (1)
the sanctions described in subsection (b). The President shall exempt any such
person from such imposition if the President determines and certifies to the
appropriate congressional committees that such person, based on credible
evidence, is not responsible for or complicit in, or responsible for ordering,
controlling, or otherwise directing, the commission of serious human rights
abuses against citizens of Iran or their family members on or after June 12,
2009, regardless of whether such abuses occurred in Iran.</text>
</paragraph><paragraph id="H6BBBA31808C745D1A039BA73F4297184"><enum>(3)</enum><header>Updates of
list</header><text>The President shall transmit to the appropriate
congressional committees an updated list under paragraph (1)—</text>
<subparagraph id="H4AE7CC98BB5D43ED90A5CE2B4CB393FA"><enum>(A)</enum><text>not later than
every 60 days beginning after the date of the initial transmittal under such
paragraph; and</text>
</subparagraph><subparagraph id="HE8D4F28422494119BAD3722D4381F89D"><enum>(B)</enum><text>as new information
becomes available.</text>
</subparagraph></paragraph><paragraph id="HE54C93E872A74BFB9D185F8BD850A3F7"><enum>(4)</enum><header>Form of report;
public availability</header>
<subparagraph id="H4A80E773E71D4312BDB1F67072DEBA1E"><enum>(A)</enum><header>Form</header><text>The
list required under paragraph (1) shall be submitted in unclassified form but
may contain a classified annex.</text>
</subparagraph><subparagraph id="H7C5F5197F4B4405A90FF159FC466E6F6"><enum>(B)</enum><header>Public
availability</header><text>The unclassified portion of the list required under
paragraph (1) shall be made available to the public and posted on the Web sites
of the Department of the Treasury and the Department of State.</text>
</subparagraph></paragraph><paragraph id="HCF243C28EFFF449F9538333FD0A93D27"><enum>(5)</enum><header>Consideration of
data from other countries and nongovernmental organizations</header><text>In
preparing the list required under paragraph (1), the President shall consider
credible data already obtained by other countries and nongovernmental
organizations, including organizations in Iran, that monitor the human rights
abuses of the Government of Iran.</text>
</paragraph></subsection><subsection commented="no" id="HEE5F5781B34A41A1A1651CF1E8B0C472"><enum>(b)</enum><header>Sanctions
described</header><text display-inline="yes-display-inline">The sanctions
described in this subsection are ineligibility for a visa to enter the United
States and sanctions described in section 106 of this Act, subject to such
regulations as the President may prescribe, including regulatory exceptions to
permit the United States to comply with the Agreement between the United
Nations and the United States of America regarding the Headquarters of the
United Nations, signed June 26, 1947, and entered into force November 21, 1947,
and other applicable international obligations</text>
</subsection><subsection id="H00AF704A4A7741EF94463393437601F8"><enum>(c)</enum><header>Termination of
sanctions</header><text>The provisions of this section shall terminate on the
date on which the President determines and certifies to the appropriate
congressional committees that the Government of Iran—</text>
<paragraph id="HED60D076147B4A4E820067E8057E3829"><enum>(1)</enum><text>has
unconditionally released all political prisoners, including the citizens of
Iran detained in the aftermath of the June 12, 2009, presidential election in
Iran;</text>
</paragraph><paragraph id="H0DC7A8BE3DAB499A9E1536025D18D2EC"><enum>(2)</enum><text>has ceased its
practices of violence, unlawful detention, torture, and abuse of citizens of
Iran while engaging in peaceful political activity;</text>
</paragraph><paragraph id="HFD11651D09EF47C6BBAEA31C090125FB"><enum>(3)</enum><text>has conducted a
transparent investigation into the killings, arrests, and abuse of peaceful
political activists that occurred in the aftermath of the June 12, 2009,
presidential election in Iran and prosecuted the individuals responsible for
such killings, arrests, and abuse; and</text>
</paragraph><paragraph commented="no" id="H800DDE84600045448C7566A23E7E3701"><enum>(4)</enum><text>has—</text>
<subparagraph commented="no" id="H4561D1118F2A428883464CA4F1719314"><enum>(A)</enum><text>established an
independent judiciary; and</text>
</subparagraph><subparagraph commented="no" id="HBB9C9B6E667C42B1BD208EAC1531E883"><enum>(B)</enum><text>is respecting the
human rights and basic freedoms recognized in the Universal Declaration of
Human Rights.</text>
</subparagraph></paragraph></subsection></section><section id="H50A6F431FF1B4ADD828A60B757167BC8"><enum>206.</enum><header>Clarification
of sensitive technologies for purposes of procurement ban</header><text display-inline="no-display-inline">The Secretary of State shall—</text>
<paragraph id="H604C140157B04023865431D3DEFCC3CE"><enum>(1)</enum><text>not later than 90
days after the date of the enactment of this Act, issue guidelines to further
describe the goods, services, and technologies that will be considered
<quote>sensitive technologies</quote> for purposes of section 106 of the
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22
U.S.C. 8515), and publish those guidelines in the Federal Register;</text>
</paragraph><paragraph id="H1C96C05334544A3192F1A3D273E64598"><enum>(2)</enum><text>determine the
types of goods, services, and technologies that enable any indigenous
capabilities that Iran has to disrupt and monitor information and
communications in that country, and consider adding descriptions of those items
to the guidelines; and</text>
</paragraph><paragraph id="H52E51CA16F41430F89E7CA2706D05AC3"><enum>(3)</enum><text>periodically
review, but in no case less than once each year, the guidelines and, if
necessary, amend the guidelines on the basis of technological developments and
new information regarding transfers of goods, services, and technologies to
Iran and the development of Iran’s indigenous capabilities to disrupt and
monitor information and communications in Iran.</text>
</paragraph></section><section id="H1B1855E810E043DAB5B4FA34F364A941"><enum>207.</enum><header>Comprehensive
strategy to promote internet freedom and access to information in Iran</header>
<subsection id="H017C5DE9ED904E8C88A0A0FCF6B2DFF3"><enum>(a)</enum><header>In
general</header><text>Not later than 90 days after the date of the enactment of
this Act and annually thereafter, the Secretary of State shall submit to the
Committee on Foreign Affairs and the Committee on Appropriations of the House
of Representatives and the Committee on Foreign Relations and the Committee on
Appropriations of the Senate a comprehensive strategy to—</text>
<paragraph id="H85398B135C0E4257884B688C81C1134A"><enum>(1)</enum><text>help the people of
Iran produce, access, and share information freely and safely via the Internet,
including in Farsi and regional languages;</text>
</paragraph><paragraph id="H2B1BA6EC543C424F8FD2A85FA0B1A6CF"><enum>(2)</enum><text>support the
development of counter-censorship technologies that enable the citizens of Iran
to undertake Internet activities without interference from the Government of
Iran;</text>
</paragraph><paragraph id="H9CC3E796CE21456B848AA937CEC3F8A1"><enum>(3)</enum><text>increase the
capabilities and availability of secure mobile communications among human
rights and democracy activists in Iran;</text>
</paragraph><paragraph id="H1C7A91ECFC6B481ABA9859ABFE55438F"><enum>(4)</enum><text>provide resources
for digital safety training for media, unions, and academic and civil society
organizations in Iran;</text>
</paragraph><paragraph id="H729A83D9A97D4C18A74820E96D0B4FBB"><enum>(5)</enum><text>increase the
amount of accurate Internet content in local languages in Iran;</text>
</paragraph><paragraph id="H0549E49180954DFC9841BE6C0DDD247D"><enum>(6)</enum><text>increase emergency
resources for the most vulnerable human rights advocates seeking to organize,
share information, and support human rights in Iran;</text>
</paragraph><paragraph id="H03F89A92F54344B185648EC53109EFF9"><enum>(7)</enum><text display-inline="yes-display-inline">expand surrogate radio, television, live
stream, and social network communications inside Iran, including by assisting
United States telecommunications and software companies to comply with the
United States export licensing process for such purposes;</text>
</paragraph><paragraph id="HDC94E39FB3764FBDAA13745606D140DA"><enum>(8)</enum><text>expand activities
to safely assist and train human rights, civil society, and union activists in
Iran to operate effectively and securely;</text>
</paragraph><paragraph id="HC1AA069BC964488B83AABC0971FFC20B"><enum>(9)</enum><text display-inline="yes-display-inline">defeat all attempts by the Government of
Iran to jam or otherwise deny international satellite broadcasting signals,
including by identifying foreign providers of jamming technology;</text>
</paragraph><paragraph id="HE7175B04825141E0B0D161EEDAB29AD7"><enum>(10)</enum><text>expand worldwide
United States embassy and consulate programming for and outreach to Iranian
dissident communities;</text>
</paragraph><paragraph id="HE3CC3324E08840DE98626F3E0206DFC6"><enum>(11)</enum><text display-inline="yes-display-inline">expand access to proxy servers for
democracy activists in Iran; and</text>
</paragraph><paragraph id="H81601DBD30C24B1FA5DD93EDB5C538D0"><enum>(12)</enum><text>discourage
telecommunication and software companies from facilitating Internet censorship
by the Government of Iran.</text>
</paragraph></subsection><subsection id="HEE170BB0CB504E0F95783AFAC2D5C97F"><enum>(b)</enum><header>Eligibility for
assistance</header><text display-inline="yes-display-inline">Assistance
authorized under the comprehensive stategy required under subsection (a) shall
be provided only to an individual, organization, or entity that meets the
eligibility criteria in section 204(b) of this Act for financial and political
assistance authorized under section section 204(a) of this Act.</text>
</subsection><subsection commented="no" id="HA5CCF3FB805040CA8C5110D27974D39D"><enum>(c)</enum><header>Form</header><text>The
comprehensive strategy required under subsection (a) shall be submitted in
unclassified form and may include a classified annex.</text>
</subsection></section><enum>III</enum><header>Iran regime and
Iran’s Islamic Revolutionary Guard Corps accountability</header>
<section id="H2211AE24A1B540FCA0A63156B57CE404"><enum>301.</enum><header>Iran’s Islamic
Revolutionary Guard Corps</header>
<subsection id="H55730CA6CA33468D99EB7E101D9D676F"><enum>(a)</enum><header>Transactions
with Iran’s Islamic Revolutionary Guard Corps</header><text display-inline="yes-display-inline">No United States person shall knowingly
conduct any commercial transaction or financial transaction with, or make any
investment in—</text>
<paragraph id="H2D33420EAFBC4C38919DA689AF54BE33"><enum>(1)</enum><text>any person or
entity owned or controlled by Iran’s Islamic Revolutionary Guard Corps;</text>
</paragraph><paragraph id="HE055F05B5C004BCF97254694A3E4459D"><enum>(2)</enum><text>any
instrumentality, subsidiary, affiliate, or agent of Iran’s Islamic
Revolutionary Guard Corps; or</text>
</paragraph><paragraph id="H469475386611472484C29BFB12FD37B3"><enum>(3)</enum><text>any project,
activity, or business owned or controlled by Iran’s Islamic Revolutionary Guard
Corps.</text>
</paragraph></subsection><subsection id="H71C070F05AF341248C828344BDBA42D7"><enum>(b)</enum><header>Transactions
with certain foreign persons</header><text display-inline="yes-display-inline">No United States person shall knowingly
conduct any commercial transaction or financial transaction with, or make any
investment in, any foreign person or foreign entity that conducts any
transaction with or makes any investment with Iran’s Islamic Revolutionary
Guard Corps, which, if conducted or made by a United States person, would
constitute a violation of subsection (a).</text>
</subsection><subsection commented="no" id="H2C184747C2F9439683796116105DD194"><enum>(c)</enum><header>Penalties</header><text>Any
United States person who violates subsection (a) or (b) shall be subject to 1
or more of the criminal penalties under the authority of section 206(c) of the
International Emergency Economic Powers Act (50 U.S.C. 1705).</text>
</subsection><subsection id="H4DA01F562F1D48C9B8DC56B2A2679932"><enum>(d)</enum><header>Waiver</header>
<paragraph id="H8D73D512BF774A4FAFC5BBAE9589525D"><enum>(1)</enum><header>In
general</header><text>The President is authorized to waive the restrictions in
subsection (a) or (b) on a case-by-case basis if the President determines and
notfies the appropriate congressional committees that failure to exercise such
waiver authority would pose an unusual and extraordinary threat to the national
security interests of the United States.</text>
</paragraph><paragraph id="H3AC27B6BD8BB44EDB5AEE59A540ABA13"><enum>(2)</enum><header>Publication in
the Federal Register</header><text display-inline="yes-display-inline">Not
later than 15 days after any waiver authority is exercised pursuant to
paragraph (1) of this subsection, the name of the person with respect to which
sanctions are being waived shall be published in the Federal Register.</text>
</paragraph></subsection><subsection commented="no" id="H5901673B6E5B49D28C597E5D9E529E8F"><enum>(e)</enum><header>Amendments to
Code of Federal Regulations</header><text>Not later than 30 days after the date
of the enactment of this Act, the President shall amend part 544 of title 31,
Code of Federal Regulations (<quote>Weapons of Mass Destruction Proliferators
Sanctions Regulations</quote>), to incorporate the provisions of this section.</text>
</subsection><subsection id="H7083BD68D64E4E26B4B1D92F3CD3A872"><enum>(f)</enum><header>Definitions</header><text>In
this section, the terms <quote>foreign person</quote>,
<quote>knowingly</quote>, and <quote>United States person</quote> have the
meanings given such terms in section 112 of this Act.</text>
</subsection></section><section id="HFE30122C401246498237450738F30AF7"><enum>302.</enum><header>Additional
export sanctions against Iran</header>
<subsection id="H490BD7B9C23D48639711B7C638EC5407"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Notwithstanding
section 103(b)(2)(B)(iv) of the Comprehensive Iran Sanctions, Accountability,
and Divestment Act of 2010 (Public Law 111–195; 22 U.S.C. 8512(b)(2)(B)(iv)) or
section 1606 of the Iran-Iraq Arms Non-Proliferation Act of 1992 (Public Law
102–484; 50 U.S.C. 1701 note) or any other provision of law, effective on the
date of the enactment of this Act—</text>
<paragraph id="H8B0C77AA5B184C9E83FE89E62252661B"><enum>(1)</enum><text>licenses to export
or reexport goods, services, or technology for the repair or maintenance of
aircraft of United States origin to Iran may not be issued, and any such
license issued before such date of enactment is no longer valid; and</text>
</paragraph><paragraph id="HB4B94C5EE2104275B7A68DBA633F4374"><enum>(2)</enum><text>goods, services,
or technology described in paragraph (1) may not be exported or reexported to
Iran.</text>
</paragraph></subsection><subsection id="HED68842D1BA549F5B4BB98EF8EEB6E3A"><enum>(b)</enum><header>Rule of
construction</header><text>Nothing in this section shall be construed to repeal
or otherwise supersede the requirements of section 740.15(d)(4) of title 15,
Code of Federal Regulations (relating to reexports of vessels subject to the
Export Adminstration Regulations).</text>
</subsection></section><section id="H6B469D5662B94CD5A3E554CAE706C1DB"><enum>303.</enum><header>Sanctions
against affiliates of Iran’s Islamic Revolutionary Guard Corps</header>
<subsection id="HD8E25518DB974242AC08645ED42CB1ED"><enum>(a)</enum><header>In
general</header><text>Not later than 90 days after the date of the enactment of
this Act, and as appropriate thereafter, the President shall identify in, and,
in the case of a foreign person or foreign entity not already so designated,
shall designate for inclusion in the Annex to Executive Order No. 13382 (70
Fed. Reg. 38567; relating to blocking property of weapons of mass destruction
proliferators and their supporters) and shall apply all applicable sanctions of
the United States pursuant to Executive Order No. 13382 to each foreign person
or foreign entity for which there is a reasonable basis for determining that
the person or entity is as an agent, alias, front, instrumentality, official,
or affiliate of Iran’s Islamic Revolutionary Guard Corps or is an individual
serving as a representative of Iran’s Islamic Revolutionary Guard Corps.</text>
</subsection><subsection id="H6D915298222F46D88321F512EB8356F8"><enum>(b)</enum><header>Priority for
investigation</header><text>In carrying out this section, the President shall
give priority to investigating foreign persons and foreign entities identified
under section 560.304 of title 31, Code of Federal Regulations (relating to the
definition of the Government of Iran) and foreign persons and foreign entities
for which there is a reasonable basis to suspect that the person or entity has
conducted or attempted to conduct one or more sensitive transactions or
activities described in subsection (c).</text>
</subsection><subsection id="H5F2CF314BC234C6186C7B814773A8F73"><enum>(c)</enum><header>Sensitive
transaction or activity</header><text>A sensitive transaction or activity
referred to in subsection (b) is—</text>
<paragraph id="H43340847A9EE4AB7B7B8734728A6A20B"><enum>(1)</enum><text>a
transaction to facilitate the manufacture, import, export, or transfer of items
needed for the development of nuclear, chemical, biological, or advanced
conventional weapons, including ballistic missiles;</text>
</paragraph><paragraph id="H880F03CBF9E14412933EABEA9C5F28D4"><enum>(2)</enum><text>an attempt to
interfere in the internal affairs of Iraq or Afghanistan, or equip or train, or
encourage violence by, individuals or groups opposed to the governments of
those countries;</text>
</paragraph><paragraph id="H7879B72DD06243E09E7BB6F5E2F1D26D"><enum>(3)</enum><text>a
transaction relating to the manufacture, procurement, or sale of goods,
services, and technology relating to Iran’s energy sector, including the
development of the energy resources of Iran, export of petroleum products, and
import of refined petroleum and refining capacity available to Iran;</text>
</paragraph><paragraph id="HA605E169DE694FB4994DF32280CAA221"><enum>(4)</enum><text>a
transaction relating to the procurement of sensitive technologies (as defined
in section 106(c) of the Comprehensive Iran Sanctions, Accountability, and
Divestment Act of 2010 (Public Law 111–195; 22 U.S.C. 8515(c)); or</text>
</paragraph><paragraph id="H40E4D06D672B464D865C2A9C2976CAFA"><enum>(5)</enum><text>a
financial transaction or series of transactions valued at more than $1,000,000
in the aggregate in any 12-month period involving a non-Iranian financial
institution.</text>
</paragraph></subsection><subsection id="HCBCB87310842436FAB88888F622D2CCA"><enum>(d)</enum><header>Inadmissiblity
to United States</header><text>The Secretary of State shall deny a visa to, and
the Secretary of Homeland Security shall deny admission into the United States
to, any alien who, on or after the date of the enactment of this Act, is a
foreign person designated for inclusion in the Annex to Executive Order No.
13382 pursuant to subsection (a).</text>
</subsection><subsection id="H07C0A03E7BAF4A54A6534B7611FF9EF8"><enum>(e)</enum><header>Rule of
construction</header><text>Nothing in this section shall be construed to remove
any sanction of the United States in force against Iran’s Islamic Revolutionary
Guard Corps as of the date of the enactment of this Act by reason of the fact
that Iran’s Islamic Revolutionary Guard Corps is an entity of the Government of
Iran.</text>
</subsection></section><section id="H874E97A3E91F4E3390F0845FB7D5AC74"><enum>304.</enum><header>Measures
against foreign persons or entities supporting Iran’s Islamic Revolutionary
Guard Corps</header>
<subsection id="H2B4DA742BD1A4082B470B90DED7701CB"><enum>(a)</enum><header>Identification
and notification</header><text>The President shall notify the appropriate
congressional committees in any case in which the President determines that
there is credible information indicating that a foreign person or foreign
entity, on or after the date of the enactment of this Act, knowingly—</text>
<paragraph id="H559F80CF1AE548278363C0218DD12131"><enum>(1)</enum><text display-inline="yes-display-inline">provides material support to Iran’s Islamic
Revolutionary Guard Corps or any foreign person or foreign entity that is
identified pursuant to section 303(a) of this Act as an agent, alias, front,
instrumentality, official, or affiliate of Iran’s Islamic Revolutionary Guard
Corps or an individual serving as a representative of Iran’s Islamic
Revolutionary Guard Corps; or</text>
</paragraph><paragraph id="HB50E8797484A41559AC820C886AF539D"><enum>(2)</enum><text>conducts any
commercial transaction or financial transaction with Iran’s Islamic
Revolutionary Guard Corps or any such person or entity.</text>
</paragraph></subsection><subsection id="H287673C4BCC4489B9ED419ECB465C5EA"><enum>(b)</enum><header>Waiver</header>
<paragraph id="HF5FC45D9A2A44D8ABBC9E53B2B882768"><enum>(1)</enum><header>In
general</header><text>Notwithstanding any other provision of this title and
subject to paragraph (2), the President is not required to make any
identification or designation of or determination with respect to a foreign
person or foreign entity for purposes of this title if doing so would cause
damage to the national security of the United States through the divulgence of
sources and methods of intelligence or other critical classified
information.</text>
</paragraph><paragraph id="H6421CBE9BFB249E28ED2CB3FCFE71885"><enum>(2)</enum><header>Notice to
Congress</header><text>The President shall notify Congress of any exercise of
the authority of paragraph (1) and shall include in the notification an
identification of the foreign person or foreign entity, including a description
of the activity or transaction that would have caused the identification,
designation, or determination for purposes of this title.</text>
</paragraph></subsection><subsection id="H036EDDB2C866447D97ACCC5273612A20"><enum>(c)</enum><header>Sanctions</header>
<paragraph id="H1ADC1A3D8D734C4581815E78C319DA07"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">The President shall
apply to each foreign person or foreign entity identified in a notice under
subsection (a) for a period determined by the President a majority of the
sanctions described in section 106(a) of this Act.</text>
</paragraph><paragraph id="H68C52DD9FEA9413EB6810D0C51398B3A"><enum>(2)</enum><header>Termination</header><text>The
President may terminate the sanctions applied to a foreign person or foreign
entity pursuant to paragraph (1) if the President determines that the person or
entity no longer engages in the activity or activities for which the sanctions
were imposed and has provided assurances to the United States Government that
it will not engage in the activity or activities in the future.</text>
</paragraph></subsection><subsection id="H77B5159E73A846C499C1776A20951FF2"><enum>(d)</enum><header>IEEPA
sanctions</header><text>The President may exercise the authorities provided
under subparagraphs (A) and (C) of section 203(a)(1) of the International
Emergency Economic Powers Act (50 U.S.C. 1702(a)(1)) to impose additional
sanctions on each foreign person or foreign entity identified pursuant to
subsection (a), for such time as the President may determine, without regard to
section 202 of that Act.</text>
</subsection><subsection id="H83E2451C8D7E4F7CB69A1ECD7C7ADDD7"><enum>(e)</enum><header>Waiver</header><text>The
President may waive the application of any measure described in subsection (c)
with respect to a foreign person or foreign entity if the President—</text>
<paragraph id="H49417B12AFB24BBEA424DFC174CFCD39"><enum>(1)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="HAC663C3CD7994C35873C6015B0C6FC26"><enum>(A)</enum><text>determines that the
person or entity has ceased the activity that resulted in the notification
under subsection (a) with respect to the person or entity (as the case may be)
and has taken measures to prevent its recurrence; or</text>
</subparagraph><subparagraph id="HBF5CF6A8F4744BD09284730096A908DD" indent="up1"><enum>(B)</enum><text>determines and so reports to the
appropriate congressional committees 15 days prior to the exercise of waiver
authority that failure to exercise such waiver authority would pose an unusual
and extraordinary threat to the vital national security interests of the United
States; and</text>
</subparagraph></paragraph><paragraph id="H2EFFACF2578548CBB6CC5555FE31C866"><enum>(2)</enum><text>submits to the
appropriate congressional committees a report that contains the reasons for the
determination.</text>
</paragraph></subsection><subsection id="H8B8A21722BD64FD59E6FCB1EF95CFD27"><enum>(f)</enum><header>Foreign person
defined</header><text display-inline="yes-display-inline">In this section, the
term <quote>foreign person</quote> has the meaning given the term in section
112 of this Act.</text>
</subsection></section><section id="H6DEB19F60743446B970A782938092267"><enum>305.</enum><header>Special
measures against foreign countries supporting Iran’s Islamic Revolutionary
Guard Corps</header>
<subsection id="H70FE9323E4034ACFBBAB897D0DAFC078"><enum>(a)</enum><header>Sanctions</header><text>With
respect to any foreign entity identified pursuant to section 304(a) of this Act
that is an agency of the government of a foreign country, the President shall,
in addition to applying to the entity the sanctions described in section 304(c)
of this Act, apply to the agency of the government of the foreign country the
following measures:</text>
<paragraph id="H073618E4F2374F0698CD3709CE41BE71"><enum>(1)</enum><text>No assistance
shall be provided to the agency of the government of the foreign country under
the Foreign Assistance Act of 1961, or any successor Act, or the Arms Export
Control Act, or any successor Act, other than assistance that is intended to
benefit the people of the foreign country directly and that is not provided
through governmental agencies or entities of the foreign country.</text>
</paragraph><paragraph id="HF40F08D5448C415B86064B679732691E"><enum>(2)</enum><text>The United States
shall oppose any loan or financial or technical assistance to the agency of the
government of the foreign country by international financial institutions in
accordance with section 701 of the International Financial Institutions Act (22
U.S.C. 262d).</text>
</paragraph><paragraph id="HA510AD2BBF7347F0AAA41F503AF59BBF"><enum>(3)</enum><text>The United States
shall deny to the agency of the government of the foreign country any credit or
financial assistance by any department, agency, or instrumentality of the
United States Government.</text>
</paragraph><paragraph id="H44CA6B30F8064B0C8E8074A5F785B836"><enum>(4)</enum><text display-inline="yes-display-inline">The United States Government shall not
approve the sale to the agency of the government of the foreign country any
defense articles or defense services or issue any license for the export of
items on the United States Munitions List.</text>
</paragraph><paragraph id="H6E31F642E460428987574ECB980161D3"><enum>(5)</enum><text display-inline="yes-display-inline">No exports to the agency of the government
of the foreign country shall be permitted of any goods or technologies
controlled for national security reasons under the Export Administration
Regulations.</text>
</paragraph><paragraph id="H89E2364570CB4799987AE4D0EFE46E7B"><enum>(6)</enum><text>At the earliest
practicable date, the Secretary of State shall terminate, in a manner
consistent with international law, the authority of any air carrier that is
controlled in fact by the agency of the government of the foreign country to
engage in air transportation (as defined in section 40102(5) of title 49,
United States Code).</text>
</paragraph><paragraph id="HA998397F604C49BDAB1B532B28C63F79"><enum>(7)</enum><text display-inline="yes-display-inline">Additional restrictions may be imposed in
accordance with the International Emergency Economic Powers Act (50 U.S.C. 1701
et seq.).</text>
</paragraph></subsection><subsection id="H622CF08BA1A6452E9E1FCDF906541C46"><enum>(b)</enum><header>Termination</header><text display-inline="yes-display-inline">The President may terminate the sanctions
applied to an entity or government of a foreign country pursuant to subsection
(a) if the President determines that the entity or government, as the case may
be, no longer engages in the activity or activities for which the sanctions
were imposed and has provided assurances to the United States Government that
it will not engage in the activity or activities in the future.</text>
</subsection><subsection id="H9E13A7F9F3314A8495CE31B68E09A937"><enum>(c)</enum><header>Waiver</header><text display-inline="yes-display-inline">The President may waive the application of
any measure described in subsection (a) with respect to an entity or government
of a foreign country if the President—</text>
<paragraph id="HE39A6E4A3A3D47BE84958912E4FC5FF6"><enum>(1)</enum><subparagraph commented="no" display-inline="yes-display-inline" id="H41FB5D8EFDE04F118024DBF02D49E141"><enum>(A)</enum><text display-inline="yes-display-inline">determines that the entity or government,
as the case may be, has ceased the activity that resulted in the notification
under section 304(a) of this Act with respect to the entity or government and
has taken measures to prevent its recurrence; or</text>
</subparagraph><subparagraph id="H3EEF1B138F004AC288CEE0AC984C08EA" indent="up1"><enum>(B)</enum><text>determines and so reports to the
appropriate congressional committees 15 days prior to the exercise of waiver
authority that failure to exercise such waiver authority would pose an unusual
and extraordinary threat to the vital national security interests of the United
States; and</text>
</subparagraph></paragraph><paragraph id="HB9517DD2635A40EAB28152327A3458FB"><enum>(2)</enum><text>submits to the
appropriate congressional committees a report that contains the reasons for the
determination.</text>
</paragraph></subsection></section><section id="H47A196E0DC6E46ED935AC3ECB9991169"><enum>306.</enum><header>Authority of
State and local governments to restrict contracts or licenses for certain
sanctionable persons</header><text display-inline="no-display-inline">Notwithstanding any other provision of law,
a State or local government may adopt and enforce measures to prohibit the
State or local government, as the case may be, from entering into or renewing
any contract with, or granting to or renewing any license for persons that
conduct business operations in Iran described in section 309 of this
Act.</text>
</section><section id="H1155E100FA0C4BA582814799103F1E7C"><enum>307.</enum><header>Iranian
activities in Iraq and Afghanistan</header>
<subsection id="H60A39147F2C54C32AE2624A79C6C9B7C"><enum>(a)</enum><header>Freezing of
assets</header><text display-inline="yes-display-inline">In accordance with
subsection (b), all property and interests in property of the foreign persons
described in Executive Order No. 13382 and Executive Order No. 13224, or their
affiliates, that are in the United States, that on or after the date of the
enactment of this Act come within the United States, or that on or after the
date of the enactment of this Act come within the possession or control of
United States persons, are blocked and may not be transferred, paid, exported,
withdrawn, or otherwise dealt in with respect to any such person determined by
the Secretary of State, in consultation with the Secretary of the Treasury and
the Secretary of Defense to—</text>
<paragraph id="HF04BD49FE449480E94B4D921C1057BD5"><enum>(1)</enum><text display-inline="yes-display-inline">have committed, or to pose a significant
risk of committing, an act or acts of violence that have the purpose or effect
of threatening United States efforts to promote security and stability in Iraq
and Afghanistan;</text>
</paragraph><paragraph id="H73AC5CB11E7A4ADA9768FE2735EEF6BD"><enum>(2)</enum><text>have knowingly and
materially assisted, sponsored, or provided financial, material, logistical, or
technical support for, or goods or services in support of, such an act or acts
of violence or any person or entity whose property and interests in property
are blocked pursuant this subsection; or</text>
</paragraph><paragraph id="H4C2FA58516BA4612AA292788204E0EE9"><enum>(3)</enum><text>be owned or
controlled by, or to have acted or purported to act for or on behalf of any
person whose property and interests in property are blocked pursuant to this
subsection.</text>
</paragraph></subsection><subsection id="H4257E77CBDC34AE2BEBF1EFDEC642D3E"><enum>(b)</enum><header>Description of
prohibitions</header><text>The prohibitions described in subsection (a)
include—</text>
<paragraph id="H5F5AB789EF504297A96CF17146F62810"><enum>(1)</enum><text>the making of any
contribution or provision of funds, goods, or services by, to, or for the
benefit of any person whose property and interests in property are blocked;
and</text>
</paragraph><paragraph id="HBE7A5108CE734936854E6599DBCB7DC9"><enum>(2)</enum><text>the receipt of any
contribution or provision of funds, goods, or services from any such
person.</text>
</paragraph></subsection><subsection display-inline="no-display-inline" id="H10839FD5D3C840EABE0F0E76C86BD941"><enum>(c)</enum><header>Findings</header><text display-inline="yes-display-inline">Congress finds that—</text>
<paragraph id="H9C4AEA81127145A68D70576BC2D6B68D"><enum>(1)</enum><text display-inline="yes-display-inline">an increase in both the quantity and
quality of Iranian arms shipments and technological expertise to the Iraqi
insurgents, the Taliban, other terrorist organizations and criminal elements
has the potential to significantly change the battlefield in both Iraq and
Afghanistan, and lead to a large increase in United States, International
Security Assistance Force, Coalition and Iraqi and Afghan casualties; and</text>
</paragraph><paragraph id="H3BFC4C31F6BB4F31A94521E09842031B"><enum>(2)</enum><text>an increase in
Iranian activity and influence in Iraq threatens the safety and welfare of the
residents of Camp Ashraf.</text>
</paragraph></subsection><subsection display-inline="no-display-inline" id="HFB9E38CD96F24905A56C01B7613069F7"><enum>(d)</enum><header>Statement of
policy</header><text display-inline="yes-display-inline">It shall be the policy
of the United States to urge the Government of Iraq to—</text>
<paragraph id="H7488488799984707AE0CD6450649C1F8"><enum>(1)</enum><text display-inline="yes-display-inline">uphold its commitments to the United States
to ensure the continued well-being of those individuals living in Camp
Ashraf;</text>
</paragraph><paragraph id="HC75CA51B6FF343FB9FE7E55435AB647B"><enum>(2)</enum><text>prevent the
involuntary return of such individuals to Iran in accordance with the United
States Embassy Statement on Transfer of Security Responsibility for Camp Ashraf
of December 28, 2008; and</text>
</paragraph><paragraph id="H8BBBFB0C885F4C9F9A749BE7E8296AB2"><enum>(3)</enum><text>not close Camp
Ashraf until the United Nations High Commission for Refugees can complete its
process, recognize as political refugees the residents of Camp Ashraf who do
not wish to go back to Iran, and resettle them in third countries.</text>
</paragraph></subsection><subsection id="H5FD93AF51BEE45EEB78145514CCEFD90"><enum>(e)</enum><header>Definitions</header><text display-inline="yes-display-inline">In this section, the terms <quote>foreign
person</quote> and <quote>United States person</quote> have the meanings given
such terms in section 112 of this Act.</text>
</subsection></section><section id="HE50275FA2CD945EAA113E7B74B96C2C0"><enum>308.</enum><header>United States
policy toward Iran</header>
<subsection id="HCD28BE911C2840718ECD14047B507A15"><enum>(a)</enum><header>National
strategy required</header><text>The President shall develop a strategy, to be
known as the <quote>National Strategy to Counter Iran</quote>, that provides
strategic guidance for activities that support the objective of addressing,
countering, and containing the threats posed by Iran.</text>
</subsection><subsection id="HB7FA4E8CFB5A4C5B8E0AD2C523EAC873"><enum>(b)</enum><header>Annual
report</header>
<paragraph id="H832CA961CAA84FBBA5818B7B4E0C824F"><enum>(1)</enum><header>In
general</header><text>Not later than January 30 of each year, the President
shall transmit to the appropriate congressional committees a report on the
current and future strategy of the United States toward Iran, and the
implementation of the National Strategy to Counter Iran required under
subsection (a).</text>
</paragraph><paragraph id="H8A5614392F4D4C6CAF640C328D8E35EC"><enum>(2)</enum><header>Form</header><text>If
the President considers it appropriate, the report required under this
subsection, or appropriate parts thereof, may be transmitted in classified
form.</text>
</paragraph></subsection><subsection id="H53AB10F35D194E39BAEC3AA214F63AAC"><enum>(c)</enum><header>Matters to be
included</header><text>The report required under subsection (b) shall include a
description of the security posture and objectives of Iran, including at least
the following:</text>
<paragraph id="H6EF2F031C32349F792A2BFE0DAC6B0FC"><enum>(1)</enum><text>A
description and assessment of Iranian grand strategy and security strategy,
including—</text>
<subparagraph id="HD864849E32F84AE2BD1E00D60859997B"><enum>(A)</enum><text>the goals of
Iran’s grand strategy and security strategy, and strategic objectives;
and</text>
</subparagraph><subparagraph id="HD2E8D9F130A542D1A45AF23F93B482E0"><enum>(B)</enum><text>Iranian strategy
to achieve such objectives in the Middle East, Europe, Africa, Western
Hemisphere, and Asia.</text>
</subparagraph></paragraph><paragraph id="HF25AFF772D944BEBA87C98EA88E2E986"><enum>(2)</enum><text>An assessment of
the capabilities of Iran’s conventional forces and Iran’s unconventional
forces, including—</text>
<subparagraph id="HAAED18CECAAA4FE4859ECEF35F9300E7"><enum>(A)</enum><text>the size and
capabilities of Iran’s conventional forces and Iran’s unconventional
forces;</text>
</subparagraph><subparagraph id="HB841038CD810464484668CB755B2C730"><enum>(B)</enum><text>an analysis of the
formal and informal national command authority for Iran’s conventional forces
and Iran’s unconventional forces;</text>
</subparagraph><subparagraph id="H2A9F9AE3CC1549E18EA7909370C48897"><enum>(C)</enum><text>the size and
capability of Iranian foreign and domestic intelligence and special operations
units, including the Iranian Revolutionary Guard Corps-Quds Force;</text>
</subparagraph><subparagraph id="H9FBD102CF2904FA9871150EEB800953F"><enum>(D)</enum><text>a description and
analysis of Iranian military doctrine;</text>
</subparagraph><subparagraph id="HC7E2A221D3464DA4A4E80A36F4DA03C4"><enum>(E)</enum><text>the types and
amount of support, including funding, lethal and nonlethal supplies, and
training, provided to groups designated by the United States as foreign
terrorist organizations and regional militant groups; and</text>
</subparagraph><subparagraph id="H2E9AD6BD734B49EFAED64A428D389A53"><enum>(F)</enum><text>an estimate of the
levels of funding and funding and procurement sources by Iran to develop and
support Iran’s conventional forces and Iran’s unconventional forces.</text>
</subparagraph></paragraph><paragraph id="H04BC7C1537864E2A881D928AA1F4587B"><enum>(3)</enum><text>An assessment of
Iranian strategy and capabilities related to nuclear, unconventional, and
missile forces development, including—</text>
<subparagraph id="HA4A484A0F92047D7A707B838E913363C"><enum>(A)</enum><text>a summary and
analysis of nuclear weapons capabilities;</text>
</subparagraph><subparagraph id="H1B26778940BE4D7DA7152B726CDDA68E"><enum>(B)</enum><text>an estimate of the
amount and sources of funding expended by, and an analysis of procurement
networks utilized by, Iran to develop its nuclear weapons capabilities;</text>
</subparagraph><subparagraph id="HE5743E3E764A43EF8092390E89F88238"><enum>(C)</enum><text>a summary of the
capabilities of Iran’s unconventional weapons and Iran’s ballistic missile
forces and Iran’s cruise missile forces, including developments in the
preceding year, the size of Iran’s ballistic missile forces and Iran’s cruise
missile forces, and the locations of missile launch sites;</text>
</subparagraph><subparagraph id="H96F7758D93664F7083B0F22218B94545"><enum>(D)</enum><text>a detailed
analysis of the effectiveness of Iran’s unconventional weapons and Iran’s
ballistic missile forces and Iran’s cruise missile forces; and</text>
</subparagraph><subparagraph id="HCD0CF34FE9894E91AB422718C28D7DF8"><enum>(E)</enum><text>an estimate of the
amount and sources of funding expended by, and an analysis of procurement
networks utilized by, Iran on programs to develop a capability to develop
unconventional weapons and Iran’s ballistic missile forces and Iran’s cruise
missile forces.</text>
</subparagraph></paragraph><paragraph id="H3CB43486A72C4FEB91B1D8C44D6B9253"><enum>(4)</enum><text>The Government of
Iran’s economic strategy, including—</text>
<subparagraph id="HB4282A6F6CBF45E89B218F49FDD96EB3"><enum>(A)</enum><text>sources of funding
for the activities of the Government of Iran described in this section;</text>
</subparagraph><subparagraph id="H3187427FF0C04BF4BA27647681BA0847"><enum>(B)</enum><text>the role of the
Government of Iran in the formal and informal sector of the domestic Iranian
economy;</text>
</subparagraph><subparagraph id="HCEBB1E856C69451B997A71FED2B3ADB7"><enum>(C)</enum><text>evasive and other
efforts by the Government of Iran to circumvent international and bilateral
sanctions regimes;</text>
</subparagraph><subparagraph id="H6B5B4FA3C7C74354A264D14445C81D52"><enum>(D)</enum><text>the effect of
bilateral and multilateral sanctions on the ability of Iran to implement its
grand strategy and security strategy described in paragraph (1); and</text>
</subparagraph><subparagraph id="H8ABE8828204A4B8FB27394A1F2CB3171"><enum>(E)</enum><text>Iran’s strategy
and efforts to leverage economic and political influence, cooperation, and
activities in the Middle East Europe, Africa, Western Hemisphere, and
Asia.</text>
</subparagraph></paragraph><paragraph id="HF79BE954BA9946ABBDF9CCAA3046787B"><enum>(5)</enum><text>Key
vulnerabilities identified in paragraph (1), and an implementation plan for the
National Strategy to Counter Iran required under subsection (a).</text>
</paragraph><paragraph id="HEAECD77EC53749F398E2DBDC43986D8E"><enum>(6)</enum><text>The United States
strategy to—</text>
<subparagraph id="H33B940DB8ED14222BF0F4E3B4FA34C59"><enum>(A)</enum><text>address and
counter the capabilities of Iran’s conventional forces and Iran’s
unconventional forces;</text>
</subparagraph><subparagraph id="HA19E591361384A608AA19DE2903BEEDA"><enum>(B)</enum><text>disrupt and deny
Iranian efforts to develop or augment capabilities related to nuclear,
unconventional, and missile forces development;</text>
</subparagraph><subparagraph id="H0341EFD1FC16428999EE103A7158CE18"><enum>(C)</enum><text>address the
Government of Iran’s economic strategy to enable the objectives described in
this subsection; and</text>
</subparagraph><subparagraph id="HBB11FB637395450783F203A4FF71136E"><enum>(D)</enum><text>exploit key
vulnerabilities identified in this subsection.</text>
</subparagraph></paragraph><paragraph id="HAED288572EC24BB38A2F004EDB28124A"><enum>(7)</enum><text>An implementation
plan for United States strategy described in under paragraph (6).</text>
</paragraph></subsection><subsection id="H95FB4BEBF7DC4C3293C925057F9DF296"><enum>(d)</enum><header>Classified
annex</header><text>The reports required under subsection (b) shall be in
unclassified form to the greatest extent possible, and may include a classified
annex where necessary.</text>
</subsection><subsection id="H189F4D1F61994B0ABB5DCA9B74BCF890"><enum>(e)</enum><header>Appropriate
congressional committees</header><text>In this section, the term
<quote>appropriate congressional committees</quote> means—</text>
<paragraph id="HC55BF1FCD11245CC85A350411E74EC54"><enum>(1)</enum><text>the Committee on
Foreign Affairs, the Committee on Armed Services, the Committee on
Appropriations, the Committee on Ways and Means, and the Permanent Select
Committee on Intelligence of the House of Representatives; and</text>
</paragraph><paragraph id="H69832B5A76914AE08C626A3506F084B6"><enum>(2)</enum><text>the Committee on
Foreign Relations, the Committee on Armed Services, the Committee on
Appropriations, the Committee on Finance, and the Permanent Select Committee on
Intelligence of the Senate.</text>
</paragraph></subsection></section><section id="H2B0DA56E244D45609EAE0B843029DAA4"><enum>309.</enum><header>Definitions</header><text display-inline="no-display-inline">Except as otherwise provided, in this title:</text>
<paragraph id="HDA07163E548D40A5B1B998ADF6C70622"><enum>(1)</enum><header>Appropriate
congressional committees</header><text>The term <quote>appropriate
congressional committees</quote> means—</text>
<subparagraph id="H8BFF38F274784F1FBB2AF3984EE3797D"><enum>(A)</enum><text>the Committee on
Foreign Affairs, the Committee on Appropriations, the Committee on Ways and
Means, and the Permanent Select Committee on Intelligence of the House of
Representatives; and</text>
</subparagraph><subparagraph id="H215E61898097470BBD6E86D14CC40F99"><enum>(B)</enum><text>the Committee on
Foreign Relations, the Committee on Appropriations, the Committee on Finance,
and the Permanent Select Committee on Intelligence of the Senate.</text>
</subparagraph></paragraph><paragraph commented="no" id="H10FB7935DFD04DCB90FF3106E2086C3A"><enum>(2)</enum><header>Iran’s ballistic
missile forces</header><text>The term <quote>Iran’s ballistic missile
forces</quote> includes ballistic missiles, goods, and associated equipment and
those elements of the Government of Iran that employ such ballistic missiles,
goods, and associated equipment.</text>
</paragraph><paragraph id="HF53B81DCEE934656A63FF3E985C003B1"><enum>(3)</enum><header>Iran’s ballistic
missile and unconventional weapons</header><text>The term <quote>Iran’s
ballistic missile and unconventional weapons</quote> means Iran’s ballistic
missile forces and chemical, biological, and radiological weapons
programs.</text>
</paragraph><paragraph commented="no" id="HD9EAEB02348C4B99851225BF887805C4"><enum>(4)</enum><header>Iran’s cruise
missile forces</header><text>The term <quote>Iran’s cruise missile
forces</quote> includes cruise missile forces, goods, and associated equipment
and those elements of the Government of Iran that employ such cruise missiles
capable of flights less than 500 kilometers, goods, and associated
equipment.</text>
</paragraph><paragraph id="HF8E0D3C815CC495F8D7A4F1518CFE74D"><enum>(5)</enum><header>Iran’s
conventional forces</header><text>The term <quote>Iran’s conventional
forces</quote>—</text>
<subparagraph id="HA642A4089B324ED786AACC15DF4C92CE"><enum>(A)</enum><text>means military
forces of Iran designed to conduct operations on sea, air, or land, other than
Iran’s unconventional forces and Iran’s ballistic missile forces and Iran’s
cruise missile forces; and</text>
</subparagraph><subparagraph id="H74CEFD49C0AF4FFEB4CA8D7B34920281"><enum>(B)</enum><text>includes Iran’s
Army, Air Force, Navy, domestic law enforcement, and elements of the Iran’s
Islamic Revolutionary Guard Corps, other than Iran’s Islamic Revolutionary
Guard Corps-Quds Force.</text>
</subparagraph></paragraph><paragraph id="H499B300CCAB54E5297BB177D81310191"><enum>(6)</enum><header>Iran’s
unconventional forces</header><text>The term <quote>Iran’s unconventional
forces</quote>—</text>
<subparagraph id="H6C96D5992C444553A424B3174C7339BE"><enum>(A)</enum><text>means forces of
Iran that carry out missions typically associated with special operations
forces; and</text>
</subparagraph><subparagraph id="H8097A582561C423CB7294DF65AC16310"><enum>(B)</enum><text>includes—</text>
<clause id="HCE7F6BE21567437D8AE15110285BFBF7"><enum>(i)</enum><text>the
Iran’s Islamic Revolutionary Guard Corps-Quds Force;</text>
</clause><clause id="HE102969D9F0645F985DE089D3C871F32"><enum>(ii)</enum><text>paramilitary
organizations;</text>
</clause><clause id="HA4E06553DC8647BBA615A9073D4835C0"><enum>(iii)</enum><text>formal and
informal intelligence agencies and entities; and</text>
</clause><clause id="H7025D3095AAC4B7AA254A02C87695215"><enum>(iv)</enum><text>any
organization that—</text>
<subclause id="HF33C577903C14233B1696E0C2753096B"><enum>(I)</enum><text>has been
designated as a foreign terrorist organization under section 219(a) of the
Immigration and Nationality Act (8 U.S.C. 1189(a));</text>
</subclause><subclause id="H238E5F08383A44E5B8627F8633C41C65"><enum>(II)</enum><text>receives
assistance from Iran; and</text>
</subclause><subclause id="HA615EC847AA0425F9FE688BD1345E448"><enum>(III)</enum><text>is
assessed—</text>
<item id="HF9026338D3D044BFA00465758CBF9BF1"><enum>(aa)</enum><text>as
being willing in some or all cases of carrying out attacks on behalf of Iran;
or</text>
</item><item id="H1279AC71C5B840A1ACFF254DB967BB0C"><enum>(bb)</enum><text>as
likely to carry out attacks in response to an attack by another country on Iran
or its interests.</text>
</item></subclause></clause></subparagraph></paragraph><paragraph id="H25ADFD9102BB43CEAAD517C873642D8B"><enum>(7)</enum><header>Affiliate</header><text>The
term <quote>affiliate</quote> means any individual or entity that controls, is
controlled by, or is under common control with, the company, including without
limitation direct and indirect subsidiaries of the company.</text>
</paragraph><paragraph id="H218AE86502174AC6882BF4598B8762EC"><enum>(8)</enum><header>Business
operations</header><text>The term <quote>business operations</quote>
means—</text>
<subparagraph id="H5B4D24DC9FC645C6A17261D52BCF1F61"><enum>(A)</enum><text>carrying out any
of the activities described in section 105(a) and (b) of this Act that are
sanctionable under such section;</text>
</subparagraph><subparagraph id="H57CB70AAA9D647BF9C57F725D4124A80"><enum>(B)</enum><text>providing
sensitive technology (as defined in section 106(c) of the Comprehensive Iran
Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111–195; 22
U.S.C. 8515(c))) to the Government of Iran; and</text>
</subparagraph><subparagraph id="HDE6071D3A2144470A676841EC7E74423"><enum>(C)</enum><text>carrying out any
of the activities described in section 304(a) of this Act .</text>
</subparagraph></paragraph><paragraph id="H4F373174759D41CE9721D3E34260370F"><enum>(9)</enum><header>Company</header><text>The
term <quote>company</quote> means—</text>
<subparagraph id="H02BDE97503AF40ADB9E26454881A02DE"><enum>(A)</enum><text>a sole
proprietorship, organization, association, corporation, partnership, limited
liability company, venture, or other entity, its subsidiary or affiliate;
and</text>
</subparagraph><subparagraph id="HB16F56C303F34D088FB3DFE38BA50BDB"><enum>(B)</enum><text>includes a company
owned or controlled by the government of a foreign country, that is established
or organized under the laws of, or has its principal place of business in, such
foreign country and includes United States subsidiaries of the same.</text>
</subparagraph></paragraph><paragraph id="HCB7253B7A69F4650A910F5DDB23BEBDC"><enum>(10)</enum><header>Entity</header><text>The
term <quote>entity</quote> means a sole proprietorship, a partnership, limited
liability corporation, association, trust, joint venture, corporation, or other
organization.</text>
</paragraph><paragraph id="H0216399B90D041DE9E2F1A3464BDEE24"><enum>(11)</enum><header>Executive
agency</header><text>The term <quote>executive agency</quote> has the meaning
given the term in section 133 of title 41, United States Code.</text>
</paragraph><paragraph id="HD6EE0D6629C144369FC3EA678C262523"><enum>(12)</enum><header>Government of
iran</header><text>The term <quote>Government of Iran</quote> includes the
Government of Iran, any political subdivision, agency, or instrumentality
thereof, and any person owned or controlled by, or acting for or on behalf of,
the Government of Iran.</text>
</paragraph><paragraph commented="no" id="HD9ABE2B5235F48A49264A812CB244A72"><enum>(13)</enum><header>Petroleum
resources</header><text display-inline="yes-display-inline">The term
<quote>petroleum resources</quote> has the meaning given the term in section
112 of this Act.</text>
</paragraph><paragraph id="H8EDBA1FD2B05492AAD2EBC30803BDAD9"><enum>(14)</enum><header>Sensitive
technology</header><text>The term <quote>sensitive technology</quote> has the
meaning given the term in section 106(c) of the Comprehensive Iran Sanctions,
Accountability, and Divestment Act of 2010 (Public Law 111–195; 22 U.S.C.
8515(c)).</text>
</paragraph></section><section id="H5CDF2D1B32584C46B18895337415DD40"><enum>310.</enum><header>Rule of
construction</header><text display-inline="no-display-inline">Nothing in this
title shall be construed to limit the authority of the President to otherwise
designate foreign persons or foreign entities for inclusion in the Annex to
Executive Order No. 13382 (70 Fed. Reg. 38567; relating to blocking property of
weapons of mass destruction proliferators and their supporters).</text>
</section><enum>IV</enum><header>Iran
financial sanctions; divestment from certain companies that invest in Iran; and
prevention of diversion of certain goods, services, and technologies to
Iran</header>
<section id="HC1501A5CBF17478FBB42654295493724"><enum>401.</enum><header>Iran financial
sanctions</header>
<subsection id="HB7A30C86102C458C818A8E7E06A5B30F"><enum>(a)</enum><header>Financial
institution certification</header><text>Section 104(e) of the Comprehensive
Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111–195;
22 U.S.C. 8513(e)) is amended by adding at the end the following new
paragraph:</text>
<quoted-block id="H4E7B97DE0CB54B479C99B67E6F965DC3" style="OLC">
<paragraph id="H18F87FED3B1E42CFB3AC7910DD98994A"><enum>(3)</enum><header>Certification</header><text>Not
later than 90 days after the date of the enactment of this paragraph, the
Secretary of the Treasury shall prescribe regulations to require any person
wholly owned or controlled by a domestic financial institution to provide
positive certification to the Secretary if such person is engaged in
corresponding relations or business activity with a foreign person or financial
institution that facilitates transactions from persons and domestic financial
institutions described in subsection
(d).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection display-inline="no-display-inline" id="H6A7D4F02C0424D8C9C2FF1A511F8627B"><enum>(b)</enum><header>Central Bank of
Iran</header><text display-inline="yes-display-inline">Section 104(c) of the
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22
U.S.C. 8513(a)) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="HDE394C5C0A6E431FB906D7BC3B711D28" style="OLC">
<paragraph id="HE0E4A67FF2704D79BC5E29DEB1A6A5D7"><enum>(4)</enum><header>Central bank of
iran</header>
<subparagraph id="HE79297485CF0485B9F97B15D7C7F158C"><enum>(A)</enum><header>Determination</header><text display-inline="yes-display-inline">Not later than 30 days after the date of
the enactment of this paragraph, the President shall determine whether the
Central Bank of Iran has—</text>
<clause id="H173D082CE2114EED8497C903B9F43A4C"><enum>(i)</enum><text>provided financial
services in support of, or otherwise facilitated, the ability of Iran
to—</text>
<subclause id="H13B037D2E4504648B00DB48DD6F8B7D3"><enum>(I)</enum><text>acquire or develop
chemical, biological or nuclear weapons, or related technologies;</text>
</subclause><subclause id="H6E6436B7BB554EBC93CF2E9421AA9C00"><enum>(II)</enum><text>construct, equip,
operate, or maintain nuclear enrichment facilities; or</text>
</subclause><subclause id="H2A2818F77736487B85EC104642F76DA6"><enum>(III)</enum><text>acquire or
develop ballistic missiles, cruise missiles, or destabilizing types and amounts
of conventional weapons; or</text>
</subclause></clause><clause id="H91498BB8D53E433B8C85163ADCCE9D21"><enum>(ii)</enum><text>facilitated a
transaction or provided financial services for—</text>
<subclause id="HAD497FD2F70F4992B7842D7C4242AB9E"><enum>(I)</enum><text>Iran’s Islamic
Revolutionary Guard Corps; or</text>
</subclause><subclause id="H935B5FF92B2B4B5CB3DB072D605B83F6"><enum>(II)</enum><text>a financial
institution whose property or interests in property are subject to sanctions
imposed pursuant to the International Emergency Economic Powers Act—</text>
<item id="HFED31D1CF40C48A0A394542F6688F35D"><enum>(aa)</enum><text>in
connection with Iran’s proliferation of weapons of mass destruction or delivery
systems for weapons of mass destruction; or</text>
</item><item id="H812F4883C0364911892805827D14A510"><enum>(bb)</enum><text>Iran’s support
for acts of international terrorism.</text>
</item></subclause></clause></subparagraph><subparagraph id="HA6283D9B08814A54ABC06566D17277E3"><enum>(B)</enum><header>Submission to
congress</header><text display-inline="yes-display-inline">The President shall
submit the determination made under subparagraph (A) in writing to the
Congress, together with the reasons therefor.</text>
</subparagraph><subparagraph id="HD599E7AD3FDF42C0A03FC69409E630C5"><enum>(C)</enum><header>Imposition of
sanctions</header>
<clause id="H8AFAD5C815A54D1CB4B47039C178C6B9"><enum>(i)</enum><header>In
general</header><text display-inline="yes-display-inline">If the President
determines under subparagraph (A) that the Central Bank of Iran has engaged in
any of the activities described in that paragraph, the President shall apply to
the Central Bank of Iran sanctions pursuant to the International Economic
Powers Act (50 U.S.C. 1701 et seq.), including blocking of property and
restrictions or prohibitions on financial transactions and the exportation of
property.</text>
</clause><clause id="H4DD80543D83D4F3BAE739FC0D9568C98"><enum>(ii)</enum><header>Effective
period of designation</header><text>The President shall maintain the sanctions
imposed under clause (i) until such time as the President determines and
certifies in writing to the Congress that the Central Bank of Iran is no longer
engaged in any of the activities described in subparagraph
(A).</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H9CE61BA9BEF840079FB30D6DF7FB5830"><enum>(c)</enum><header>Continuation in
effect</header><text>Sections 104, 106, 107, 108, 109, 110, 111, and 115 of the
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 shall
remain in effect until the President makes the certification described in
section 606(a) of this Act.</text>
</subsection></section><section id="HD8F2E569C5554304BB4C2A2AF583FCC5"><enum>402.</enum><header>Divestment from
certain companies that invest in Iran</header><text display-inline="no-display-inline">Title II of the Comprehensive Iran
Sanctions, Accountability, and Divestment Act of 2010 shall remain in effect
until the President makes the certification described in section 606(a) of this
Act.</text>
</section><section id="HD252BE8DB33E4F8BA049FDB7DE437F94"><enum>403.</enum><header>Prevention of
diversion of certain goods, services, and technologies to Iran</header><text display-inline="no-display-inline">Title III of the Comprehensive Iran
Sanctions, Accountability, and Divestment Act of 2010 shall remain in effect
until the President makes the certification described in section 606(a) of this
Act.</text>
</section><enum>V</enum><header>Securities and
Exchange Commission</header>
<section id="H2067F2D804D94AB3A02C5B871C68FD57"><enum>501.</enum><header>Disclosures to
the Securities and Exchange Commission relating to sanctionable
activities</header>
<subsection id="HD0591430E59849BFB39098F15847611F"><enum>(a)</enum><header>In
General</header><text>Section 13 of the Securities Exchange Act of 1934 (15
U.S.C. 78m) is amended by adding at the end the following new
subsection:</text>
<quoted-block id="H7D82D4994C614465A0A810A11EE50756" style="OLC">
<subsection id="H7B0AD0486BEE4D0D826E166EE1C40E2B"><enum>(r)</enum><header>Disclosure of
certain activities relating to Iran, terrorism, and the proliferation of
weapons of mass destruction</header>
<paragraph id="H0DA6C2B0C21B4BFCA048A3D5ACEC6C0A"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">The Commission shall,
by rule, require any issuer described in paragraph (2) to disclose on a
quarterly basis a detailed description of each activity described in paragraph
(2) engaged in by the issuer or its affiliates during the period covered by the
report, including—</text>
<subparagraph id="H64AAA8C21C354683AA78BDA57BFF4597"><enum>(A)</enum><text>the nature and
extent of the activity;</text>
</subparagraph><subparagraph id="H2D68222B866B4B60803A378DCADC651E"><enum>(B)</enum><text>the revenues, if
any, attributable to the activity; and</text>
</subparagraph><subparagraph id="H60BBCC94D87045AAB3AE47B4605FE3DE"><enum>(C)</enum><text>whether the issuer
or the affiliate of the issuer (as the case may be) intends to continue the
activity.</text>
</subparagraph></paragraph><paragraph id="HFC5CE7DB1E6745519A5A2E999346452F"><enum>(2)</enum><header>Issuer
described</header><text display-inline="yes-display-inline">An issuer is
described in this paragraph if the issuer is required to file reports with the
Commission under subsection (a) and the issuer or any of its affiliates has,
during the period covered by the report—</text>
<subparagraph id="HD36AE7289E36493FA86B8400FE2D8FBF"><enum>(A)</enum><text>engaged in an
activity described in section 105 of the Iran Threat Reduction Act of 2011 for
which sanctions may be imposed;</text>
</subparagraph><subparagraph id="HDF87A993A1B1418A9E701E099B09029D"><enum>(B)</enum><text>knowingly engaged
in an activity described in subsection (c)(2) of section 104 of the
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010
(Public Law 111–195; 22 U.S.C. 8513) or knowingly violated regulations
prescribed under subsection (d)(1) or (e)(1) of such section 104; or</text>
</subparagraph><subparagraph id="H8C9BCDF521154A7796C67919CCB394B9"><enum>(C)</enum><text>knowingly
conducted any transaction or dealing with—</text>
<clause id="HDCB5EC31F48042A295ECF6B6FFC36FB6"><enum>(i)</enum><text>any person the
property and interests in property of which are blocked pursuant to Executive
Order No. 13224 (66 Fed. Reg. 49079; relating to blocking property and
prohibiting transacting with persons who commit, threaten to commit, or support
terrorism);</text>
</clause><clause id="H67CD93FB9CFD45498EAFACD73B86EA8A"><enum>(ii)</enum><text>any person the
property and interests in property of which are blocked pursuant to Executive
Order No. 13382 (70 Fed. Reg. 38567; relating to blocking of property of
weapons of mass destruction proliferators and their supporters); or</text>
</clause><clause id="H9E1FE82DC83E4B64BE2328C5BD968672"><enum>(iii)</enum><text>any person on
the list contained in Appendix A to part 560 of title 31, Code of Federal
Regulations (commonly known as the <quote>Iranian Transactions
Regulations</quote>).</text>
</clause></subparagraph></paragraph><paragraph id="H1B9759EE76F74502B1D85E8556BDFC2B"><enum>(3)</enum><header>Sunset</header><text display-inline="yes-display-inline">The provisions of this subsection and the
rules issued by the Commission under paragraph (1) shall terminate on the date
that is 30 days after the date on which the President makes the certification
described in section 401(a) of the Comprehensive Iran Sanctions,
Accountability, and Divestment Act of 2010 (22 U.S.C. 8551(a)).</text>
</paragraph><paragraph id="H566C50102ACC45D29A48BE040B3656EF"><enum>(4)</enum><header>Investigation of
disclosures</header><text>When an issuer reports, pursuant to this subsection,
that it or any of its affiliates has engaged in any activity described in
paragraph (2), the President shall—</text>
<subparagraph id="HBB28C1F1E83E45F083DABA49C0F95FE0"><enum>(A)</enum><text>initiate an
investigation into the possible imposition of sanctions under the Iran Threat
Reduction Act of 2011, section 104 of the Comprehensive Iran Sanctions,
Accountability, and Divestment Act of 2010 (22 U.S.C. 8513), the Executive
orders or regulations specified in paragraph (2)(C), or any other provision of
law; and</text>
</subparagraph><subparagraph id="H0A6FE4D11E234D9A81D68BA3D2052D06"><enum>(B)</enum><text>not later than 180
days after initiating such an investigation, make a determination with respect
to whether sanctions should be imposed with respect to the issuer or the
affiliate of the issuer (as the case may
be).</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HACFC6D8BB8C04155931622427D7456C2"><enum>(b)</enum><header>Effective
date</header><text display-inline="yes-display-inline">The amendment made by
subsection (a) shall take effect with respect to reports required to be filed
with the Securities and Exchange Commission after the date that is 90 days
after the date of the enactment of this Act.</text>
</subsection></section><enum>VI</enum><header>General
provisions</header>
<section id="H9E80B5F0A69249CBBB1C377DDEB181D6"><enum>601.</enum><header>Denial of visas
for certain persons of the Government of Iran</header>
<subsection id="H88C3AA12DE8F467EA370BFDA179A3C55"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Except as necessary
to meet United States obligations under the Agreement between the United
Nations and the United States of America regarding the Headquarters of the
United Nations, signed June 26, 1947, and entered into force November 21, 1947,
and other applicable international treaty obligations, the Secretary of State
shall deny a visa to, and the Secretary of Homeland Security shall deny
admission into the United States to, a person of the Government of Iran
pursuant to section 6(j)(1)(A) of the Export Administration Act of 1979 (as in
effect pursuant to the International Emergency Economic Powers Act; 50 U.S.C.
1701 et seq.), section 40(d) of the Arms Export Control Act (22 U.S.C.
2780(d)), and section 620A of the Foreign Assistance Act of 1961 (22 U.S.C.
2371), including a person who is a senior official of the Government of Iran
who is specified in the list under section 205(a)(1), if the Secretary
determines that such person—</text>
<paragraph id="HC637EFE22D80404A8237BCAED0590220"><enum>(1)</enum><text>is an agent,
instrumentality, or official of, is affiliated with, or is serving as a
representative of the Government of Iran; and</text>
</paragraph><paragraph id="H74CC28C4BBB34BBC9F215E0BB6F169B1"><enum>(2)</enum><text>presents a threat
to the United States or is affiliated with terrorist organizations.</text>
</paragraph></subsection><subsection id="H5C8EC5BE589E4FEB96A92E2BEF2042FC"><enum>(b)</enum><header>Restriction on
movement</header><text>The Secretary of State shall restrict in Washington,
D.C., and at the United Nations in New York City, the travel to only within a
25-mile radius of Washington, D.C., or the United Nations headquarters
building, respectively, of any person identified in subsection (a).</text>
</subsection><subsection id="HC3F0CBE4BF8747448B8C10E0ECF0A6DB"><enum>(c)</enum><header>Restriction on
contact</header><text display-inline="yes-display-inline">No person employed
with the United States Government may contact in an official or unofficial
capacity any person that—</text>
<paragraph id="H1A2D1CA95DD0418498B7AAB480101D11"><enum>(1)</enum><text display-inline="yes-display-inline">is an agent, instrumentality, or official
of, is affiliated with, or is serving as a representative of the Government of
Iran; and</text>
</paragraph><paragraph id="HAC6B370A5FFB4D488741193F5ABFADD6"><enum>(2)</enum><text>presents a threat
to the United States or is affiliated with terrorist organizations.</text>
</paragraph></subsection><subsection id="HB5DC49AFF76E419890F6A8B06BF9BEF7"><enum>(d)</enum><header>Waiver</header><text>The
President may waive the requirements of subsection (c) if the President
determines and so reports to the appropriate congressional committees 15 days
prior to the exercise of waiver authority that failure to exercise such waiver
authority would pose an unusual and extraordinary threat to the vital national
security interests of the United States.</text>
</subsection></section><section id="H69084E10B7834EF2B2E1AD0934C64602"><enum>602.</enum><header>Inadmissibility
of certain aliens who engage in certain activities with respect to
Iran</header>
<subsection id="HCABB32FD2E314FB581A0ED63FEACBEE0"><enum>(a)</enum><header>In
general</header><text>Section 212(a)(3) of the Immigration and Nationality Act
(8 U.S.C. 1182(a)(3)) is amended by adding at the end the following:</text>
<quoted-block id="H7FCD442E2BFA4565B96BBDB11CFD87FD" style="OLC">
<subparagraph id="H68E492E273E848138D49D3C638E1877C"><enum>(H)</enum><header>Individuals who
engage in certain activities with respect to Iran</header>
<clause id="H34D9328E823F4E40847FFD71718BAD75"><enum>(i)</enum><header>In
general</header><text>Subject to clause (iii), any alien described in clause
(ii) is inadmissible.</text>
</clause><clause id="HA35F8D7674944661986D78F010751FFE"><enum>(ii)</enum><header>Aliens
described</header><text>An alien described in this clause is an alien who the
Secretary of State determines—</text>
<subclause id="H16C21DF9D81245A1B79190089421DA11"><enum>(I)</enum><text>engages in—</text>
<item id="HC0382423EB2E45A6BB601E18035E4FD8"><enum>(aa)</enum><text display-inline="yes-display-inline">an activity for which sanctions may be
imposed pursuant to section 105(a) of the Iran Threat Reduction Act of
2011;</text>
</item><item id="H96210F12AAB64FC6B42018169A01BBF0"><enum>(bb)</enum><text>an
activity—</text>
<subitem id="HDA5CEFA315E249FB8B1129F14E1BE98C"><enum>(AA)</enum><text>relating to the
proliferation by Iran of weapons of mass destruction or the means of delivery
of such weapons; and</text>
</subitem><subitem id="HE32117EC673846DAB222DCCB748C8C6D"><enum>(BB)</enum><text>for which
sanctions may be imposed pursuant to Executive Order No. 13382 (70 Fed. Reg.
38567) (or any successor thereto);</text>
</subitem></item><item id="H1C9EE7FDCAB744FA897F47D157B9D787"><enum>(cc)</enum><text>an
activity—</text>
<subitem id="H0D6E0D6E3B6F46B2A005F6CFB9F09759"><enum>(AA)</enum><text>relating to
support for international terrorism by the Government of Iran; and</text>
</subitem><subitem id="H71D04D15F8F34277B86DAE57AF8A1F0D"><enum>(BB)</enum><text>for which
sanctions may be imposed pursuant to Executive Order No. 13224 (66 Fed. Reg.
49079) (or any successor thereto); or</text>
</subitem></item><item id="H5FC60F4E2C4D4E978C597CCECC930963"><enum>(dd)</enum><text>any
other activity with respect to Iran for which sanctions may be imposed pursuant
to any other provision of law;</text>
</item></subclause><subclause id="HF35197E52DC447E38228CF96A3B7F181"><enum>(II)</enum><text>is the chief
executive officer, president, or other individual in charge of overall
management of, a member of the board of directors of, or a shareholder with a
controlling interest in, an entity that engages in an activity described in
subclause (I); or</text>
</subclause><subclause id="HC690D73F93F54548A6F422888774937A"><enum>(III)</enum><text>is a spouse or
minor child of—</text>
<item id="H61F46144883C48588F2EDC6A6E60FCE7"><enum>(aa)</enum><text>an
alien who engages in an activity described in subclause (I); or</text>
</item><item id="H50D890BC4E754308A091D4C30D56F795"><enum>(bb)</enum><text>the
chief executive officer, president, or other individual in charge of overall
management of, a member of the board of directors of, or a shareholder with a
controlling interest in, an entity that engages in an activity described in
subclause (I).</text>
</item></subclause></clause><clause id="H807F4B1B308F47B3A777E2457E33B4F8"><enum>(iii)</enum><header>Notice; waiver
with respect to certain entities</header>
<subclause id="H373742279A304DC28095D0EB959B2F97"><enum>(I)</enum><header>Notice</header><text>The
Secretary of State may notify an alien the Secretary determines may be
inadmissible under this subparagraph—</text>
<item id="H241B764541FD4F6E9CA30AA766EBEBA1"><enum>(aa)</enum><text>that the alien
may be inadmissible; and</text>
</item><item id="H3883A52B22AD4AEDA6C5EF4DD98A6AE3"><enum>(bb)</enum><text>of
the reason for the inadmissibility of the alien.</text>
</item></subclause><subclause id="HAD545F36F6EF4055A25CAE0C7B3BB8BE"><enum>(II)</enum><header>Waiver</header><text>The
President may waive the application of this subparagraph and admit an alien to
the United States if—</text>
<item id="H5FDF62AE738B405EA9CBE4FBA2D11CD1"><enum>(aa)</enum><text>the
alien is described in subclause (II) or (III)(bb) of clause (ii);</text>
</item><item id="HFCCABE3EA804447A8B3488EA30B83A95"><enum>(bb)</enum><text>the
entity that engaged in the activity that would otherwise result in the
inadmissibility of the alien under this subparagraph is no longer engaging the
activity or has taken significant steps toward stopping the activity;
and</text>
</item><item id="H5E660C08581841DBA3B5B86354205FB0"><enum>(cc)</enum><text>the
President has received reliable assurances that the entity will not knowingly
engage in an activity described in clause (ii)(I)
again.</text>
</item></subclause></clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="HC07E303D174540189498CB96688110DB"><enum>(b)</enum><header>Regulations</header><text>Section
428 of the Homeland Security Act of 2002 (6 U.S.C. 236) is amended by adding at
the end the following:</text>
<quoted-block id="H2398A27EEB444AC79A5AB73DCCE0A584" style="OLC">
<subsection id="H69E4B3A9B2CF4D5E8D9BFD68AB59DB21"><enum>(j)</enum><header>Regulations with
respect to inadmissibility of aliens who engage in certain transactions with
iran</header><text>Not later than 180 days after the date of the enactment of
this subsection, the Secretary shall issue regulations and guidelines for
interpreting and enforcing the prohibition under subparagraph (H) of section
212(a)(3) of the Immigration and Nationality Act (8 U.S.C. 1182(a)(3)) on the
admissibility of aliens who engage in certain sanctionable activities with
respect to
Iran.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="H4A9C7CE70A304466B5F8E4F260276DC2"><enum>603.</enum><header>Amendments to
civil and criminal penalties provisions under the International Emergency
Economic Powers Act</header>
<subsection id="H1634994CC4744EC1951C50E4C00CCA7D"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Section 206 of the
International Emergency Economic Powers Act (50 U.S.C. 1705) is amended—</text>
<paragraph id="HB80DB1A439FB4C99947971684039C144"><enum>(1)</enum><text>in subsection (a),
by striking <quote>attempt to violate, conspire to violate</quote> and
inserting <quote>attempt or conspire to violate</quote>;</text>
</paragraph><paragraph id="HCDF36D919A4C4E65824475711065420C"><enum>(2)</enum><text>in subsection (b),
by striking <quote>not to exceed</quote> and all that follows and inserting
<quote>that is not less than twice the value of the transaction that is the
basis of the violation.</quote>; and</text>
</paragraph><paragraph id="HAE1EE401F7B34BB2BFA24C50E6AFAB35"><enum>(3)</enum><text>in subsection (c)
to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H980F53ED9AEC44E0A7E9BB11F668E344" style="OLC">
<subsection id="H9E9CC2C036A64930A8A90D2E57C1AC18"><enum>(c)</enum><header>Criminal
penalties</header><text display-inline="yes-display-inline">A person who
willfully commits, attempts or conspires to commit, or aids or abets in the
commission of, an unlawful act described in subsection (a) shall be fined not
less than $1,000,000, imprisoned for not more than 20 years, or both. A person
other than a natural person shall be fined in an amount not less than the
greater of half of the value of the transaction that is the basis of the
violation or $10,000,000.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HB83CD658F65147A1B0C11A9EB997A7F7"><enum>(b)</enum><header>Effective
date</header><text>The amendments made by this section take effect on the date
of the enactment of this Act and apply with respect to any violation of section
206(a) of the International Emergency Economic Powers Act (50 U.S.C. 1705(a))
that occurs on or after such date of enactment.</text>
</subsection></section><section id="H036417694F934D0893D447664C943268"><enum>604.</enum><header>Exclusion of
certain activities</header><text display-inline="no-display-inline">Nothing in
this Act or any amendment made by this Act shall apply to—</text>
<paragraph id="HA622E600563D47A8B31FB17A573170A4"><enum>(1)</enum><text>activities subject
to the reporting requirements of title V of the National Security Act of 1947;
or</text>
</paragraph><paragraph id="H0A467BEF743C4FDD9025E834D6364B68"><enum>(2)</enum><text display-inline="yes-display-inline">involving a natural gas development and
pipeline project initiated prior to the date of enactment of this Act—</text>
<subparagraph id="HA6064773B29341028D975A570B6067B4"><enum>(A)</enum><text>to bring gas from
Azerbaijan to Europe and Turkey;</text>
</subparagraph><subparagraph id="HCD07F300C7D347359A374EEFAB66D578"><enum>(B)</enum><text>in furtherance of
a production sharing agreement or license awarded by a sovereign government,
other than the Iranian government, before the date of enactment of this Act;
and</text>
</subparagraph><subparagraph id="HEDD189F834424881B8A1C407DA9FF3C7"><enum>(C)</enum><text>for the purpose of
providing energy security and independence from Russia and other governments
engaged in activities subject to sanctions under this Act.</text>
</subparagraph></paragraph></section><section id="HC1B5AB28A21B47CB842A026BD92F848E"><enum>605.</enum><header>Regulatory
authority</header>
<subsection id="HA6CCA783A63647CABCB4346ECE249FD7"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">The President shall,
not later than 90 days after the date of the enactment of this Act, promulgate
regulations as necessary for the implementation of this Act and the amendments
made by this Act.</text>
</subsection><subsection id="HFA15F2385F234697AF8E14BDF9E31353"><enum>(b)</enum><header>Consultation
with congress</header><text>Not less than 10 days prior to the promulgation of
regulations under subsection (a), the President shall notify the appropriate
congressional committees of the proposed regulations and the provisions of this
Act and the amendments made by this Act that the regulations are
implementing.</text>
</subsection></section><section id="HDE08F10D3F254904957E314DA0C18BBA"><enum>606.</enum><header>Sunset</header>
<subsection id="H68BBD90F10CD4A408CA996D1BE21D8D1"><enum>(a)</enum><header>Sunset</header><text>The
provisions of this Act and the amendments made by this Act shall terminate, and
shall cease to be effective, on the date that is 30 days after the date on
which the President certifies to Congress that Iran—</text>
<paragraph id="H90267381FA12435C8E3968E0EE4CF854"><enum>(1)</enum><text>has ceased and
verifiably dismantled its efforts to design, develop, manufacture, or
acquire—</text>
<subparagraph id="H39029CC2D2EC41B4BA7A99C94CDF7617"><enum>(A)</enum><text>a nuclear
explosive device or related materials and technology;</text>
</subparagraph><subparagraph id="H5EF9790D518743A7ACF136E7204FE607"><enum>(B)</enum><text>chemical and
biological weapons; and</text>
</subparagraph><subparagraph id="H36D3C23D339A458C8CD8627CBB311A21"><enum>(C)</enum><text>ballistic missiles
and ballistic missile launch technology;</text>
</subparagraph></paragraph><paragraph id="H44276D70896B45EE99CFCAB511EAF2B0"><enum>(2)</enum><text>no longer provides
support for acts of international terrorism; and</text>
</paragraph><paragraph id="HB303EF29E18D4E608472682B46CF2D52"><enum>(3)</enum><text>poses no threat to
United States national security, interests, or allies.</text>
</paragraph></subsection><subsection id="H0423E826FDD1417F8FA3F533D9C833C6"><enum>(b)</enum><header>Notification</header><text>The
President shall notify the Committee on Foreign Affairs of the House of
Representatives and the Committee on Foreign Relations of the Senate not later
than 15 days before making a certification described in subsection (a).</text>
</subsection></section>
Passed the House of
Representatives December 14, 2011.
Karen L. Haas,
Clerk