[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1048 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                S. 1048

  To expand sanctions imposed with respect to the Islamic Republic of 
         Iran, North Korea, and Syria, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 23, 2011

  Mr. Menendez (for himself, Mr. Lieberman, Mr. Kyl, Mr. Casey, Mrs. 
 Gillibrand, Ms. Collins, and Mr. Kirk) introduced the following bill; 
which was read twice and referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 A BILL


 
  To expand sanctions imposed with respect to the Islamic Republic of 
         Iran, North Korea, and Syria, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) Short Title.--This Act may be cited as the ``Iran, North Korea, 
and Syria Sanctions Consolidation Act of 2011''.
    (b) Table of Contents.--The table of contents for this Act is as 
follows:

Sec. 1. Short title; table of contents.
Sec. 2. Findings.
    TITLE I--SANCTIONS WITH RESPECT TO THE ISLAMIC REPUBLIC OF IRAN

Subtitle A--Expansion of Sanctions With Respect to the Islamic Republic 
                                of Iran

Sec. 101. United States policy with respect to the acquisition of 
                            nuclear weapons capabilities by the Islamic 
                            Republic of Iran.
Sec. 102. Sense of Congress with respect to the acquisition of nuclear 
                            weapons capabilities by the Islamic 
                            Republic of Iran.
Sec. 103. Sanctions with respect to persons engaging in certain joint 
                            ventures with the Islamic Republic of Iran.
Sec. 104. Strengthening the Iran Sanctions Act of 1996.
Sec. 105. Disclosures to the Securities and Exchange Commission 
                            relating to sanctionable activities.
Sec. 106. Deadline for regulations with respect to financial 
                            institutions maintaining accounts for 
                            foreign financial institutions.
Sec. 107. Diplomatic efforts to expand multilateral sanctions regime 
                            with respect to the Islamic Republic of 
                            Iran.
Sec. 108. Report on certain actions of the Central Bank of Iran.
Sec. 109. Report on entities that provide refined petroleum products to 
                            the Islamic Republic of Iran.
Sec. 110. Government Accountability Office report on providers of goods 
                            and services to Iranian energy sector.
   Subtitle B--Application of Sanctions Against Affiliates of Iran's 
                   Islamic Revolutionary Guard Corps

Sec. 121. Definitions.
Sec. 122. Sanctions against affiliates of Iran's Islamic Revolutionary 
                            Guard Corps.
Sec. 123. Measures against foreign persons or entities supporting 
                            Iran's Islamic Revolutionary Guard Corps.
Sec. 124. Exportation of petroleum, oil, and natural gas produced by 
                            Iran's Islamic Revolutionary Guard Corps or 
                            its affiliates.
Sec. 125. Rule of construction.
                   Subtitle C--Human Rights Sanctions

Sec. 131. Definitions.
Sec. 132. Imposition of sanctions with respect to the transfer of goods 
                            or technologies to the Islamic Republic of 
                            Iran that may be used to commit human 
                            rights abuses.
Sec. 133. Iran freedom support act reauthorization.
Sec. 134. Special representative on human rights and democracy in the 
                            Islamic Republic of Iran.
Sec. 135. Comprehensive strategy to promote Internet freedom and access 
                            to information in the Islamic Republic of 
                            Iran.
Sec. 136. Expedited consideration of requests for authorization of 
                            human rights and democracy-related 
                            activities with respect to the Islamic 
                            Republic of Iran.
                     Subtitle D--General Provisions

Sec. 141. Termination.
 TITLE II--EXPANSION OF SANCTIONS WITH RESPECT TO THE ISLAMIC REPUBLIC 
                    OF IRAN, NORTH KOREA, AND SYRIA

Sec. 201. Definitions.
Sec. 202. Sanctions applicable under the Iran, North Korea, and Syria 
                            Nonproliferation Act.
Sec. 203. Identification of, and immigration restrictions on, senior 
                            officials of the governments of the Islamic 
                            Republic of Iran, North Korea, and Syria, 
                            and their associates.
Sec. 204. Reports by certain financial institutions with respect to 
                            activities carried out with sanctioned 
                            financial institutions.
Sec. 205. Sanctions with respect to critical defense resources provided 
                            to or acquired from the Islamic Republic of 
                            Iran, North Korea, or Syria.

SEC. 2. FINDINGS.

    Congress makes the following findings:
            (1) Successive presidents 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 allies and partners of the United States, 
        and to global security.
            (2) In May 1995, President Bill Clinton stated, ``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 
        George W. Bush stated, ``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 Barack Obama committed to 
        ``developing a strategy to use all elements of American power 
        to prevent Iran from developing a nuclear weapon''.
            (5) The Islamic Republic of Iran is a major threat to the 
        national security interests of the United States, exemplified 
        not only by its nuclear program but also by its material 
        assistance to armed groups in Iraq and Afghanistan, to the 
        Palestinian group Hamas, to the Lebanese group Hezbollah, and 
        to other extremists that seek to undermine regional stability. 
        Those relationships provide the Iranian regime with potential 
        asymmetric delivery capabilities for nuclear or other 
        unconventional weapons.
            (6) The Islamic Republic of Iran's growing inventory of 
        ballistic missiles and other destabilizing types of 
        conventional weapons provides the Iranian regime the 
        capabilities to enhance its projection of power throughout the 
        region and to undermine the national security interests of the 
        United States and its friends and allies.
            (7) If the Islamic Republic of Iran achieved a nuclear 
        weapons capability, it would, among other things--
                    (A) likely lead to the proliferation of nuclear 
                weapons throughout the region, where several states 
                have already indicated interest in nuclear programs, 
                and would dramatically undercut 60 years of efforts by 
                the United States to stop the spread of nuclear 
                weapons;
                    (B) greatly increase the threat of nuclear 
                terrorism;
                    (C) significantly expand the Islamic Republic of 
                Iran's destabilizing and malign influence in the 
                region;
                    (D) insulate the Iranian regime from international 
                pressure, giving it wider scope to oppress its citizens 
                and to pursue aggression regionally and globally;
                    (E) embolden all terrorist groups supported by the 
                Islamic Republic of Iran, including Hamas and 
                Hezbollah; and
                    (F) directly threaten several friends and allies of 
                the United States, especially Israel, whose very right 
                to exist has been denied successively by every leader 
                of the Islamic Republic of Iran, and which the 
                President of Iran, Mahmoud Ahmadinejad, says should be 
                ``wiped off the map''.

    TITLE I--SANCTIONS WITH RESPECT TO THE ISLAMIC REPUBLIC OF IRAN

Subtitle A--Expansion of Sanctions With Respect to the Islamic Republic 
                                of Iran

SEC. 101. UNITED STATES POLICY WITH RESPECT TO THE ACQUISITION OF 
              NUCLEAR WEAPONS CAPABILITIES BY THE ISLAMIC REPUBLIC OF 
              IRAN.

    It is the policy of the United States to prevent the Islamic 
Republic of Iran from acquiring a nuclear weapons capability. Although 
nothing in this Act shall be construed as an authorization of the use 
of force with respect to the Islamic Republic of Iran, all options 
remain on the table.

SEC. 102. SENSE OF CONGRESS WITH RESPECT TO THE ACQUISITION OF NUCLEAR 
              WEAPONS CAPABILITIES BY THE ISLAMIC REPUBLIC OF IRAN.

    It is the sense of Congress that the current Government of the 
Islamic Republic of Iran, having engaged in a consistent and 
longstanding pattern of deceptive and illicit conduct related to the 
development of a nuclear weapons program in violation of international 
obligations, as well as aggressive conduct against the Islamic Republic 
of Iran's neighbors, cannot be trusted by the United States or the 
international community to possess indigenous enrichment or 
reprocessing technologies.

SEC. 103. SANCTIONS WITH RESPECT TO PERSONS ENGAGING IN CERTAIN JOINT 
              VENTURES WITH THE ISLAMIC REPUBLIC OF IRAN.

    Section 5(a) of the Iran Sanctions Act of 1996 (Public Law 104-172; 
50 U.S.C. 1701 note) is amended--
            (1) in the subsection heading, by striking ``With Respect 
        to'' and all that follows through ``to Iran'' and inserting 
        ``Relating to Petroleum Resources''; and
            (2) by adding at the end the following:
            ``(4) Certain joint ventures with iran.--Except as provided 
        in subsection (f), the President shall impose 3 or more of the 
        sanctions described in section 6(a) with respect to a person if 
        the President determines that the person knowingly, on or after 
        the date of the enactment of the Iran, North Korea, and Syria 
        Sanctions Consolidation Act of 2011, participates in a joint 
        venture with respect to the development of petroleum resources 
        outside of Iran--
                    ``(A) in which Iran is a substantial partner or 
                investor; or
                    ``(B) through which Iran could receive 
                technological knowledge or equipment that could 
                contribute to the enhancement of Iran's ability to 
                develop petroleum resources in Iran.''.

SEC. 104. STRENGTHENING THE IRAN SANCTIONS ACT OF 1996.

    (a) Inclusion of Certain Infrastructure Construction in 
Sanctionable Activity Relating to Refined Petroleum Products.--Section 
5(a)(2)(B) of the Iran Sanctions Act of 1996 (Public Law 104-172; 50 
U.S.C. 1701 note) is amended to read as follows:
                    ``(B) Goods, services, technology, information, or 
                support described.--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--
                            ``(i) petroleum refineries or associated 
                        infrastructure; or
                            ``(ii) port facilities, railroads, or 
                        roads, if the primary use of those facilities, 
                        railroads, or roads is to support the 
                        transportation of refined petroleum 
                        products.''.
    (b) Definition of Credible Information; Requests by Members of 
Congress.--Section 4(e) of the Iran Sanctions Act of 1996 is amended by 
adding at the end the following:
            ``(4) Credible information defined.--The term `credible 
        information' means, with respect to a person--
                    ``(A) a public announcement by the person that the 
                person has engaged in an activity described in section 
                5(a);
                    ``(B) an announcement by the Government of Iran 
                that the person has engaged in such an activity; or
                    ``(C) information indicating that the person has 
                engaged in such an activity that is set forth in--
                            ``(i) a report to stockholders of the 
                        person;
                            ``(ii) a report of the Government 
                        Accountability Office, the Energy Information 
                        Administration, or the Congressional Research 
                        Service; or
                            ``(iii) a report or publication of a 
                        similarly reputable governmental organization.
            ``(5) Requests by members of congress.--
                    ``(A) In general.--Except as provided in 
                subparagraph (B), not later than 60 days after 
                receiving a written request from a Member of Congress 
                with respect to whether a person has engaged in an 
                activity described in section 5(a), the President shall 
                inform that Member of the determination of the 
                President with respect to whether or not that person 
                has engaged in such an activity.
                    ``(B) Exception for ongoing investigations.--The 
                President may decline to inform a Member of Congress 
                who submits a request under subparagraph (A) with 
                respect to a person of the determination of the 
                President with respect to that person if--
                            ``(i) the person is the subject of an 
                        ongoing investigation under this subsection; 
                        and
                            ``(ii) the President informs the Member, in 
                        an unclassified format, that the person is the 
                        subject of such an investigation.''.

SEC. 105. DISCLOSURES TO THE SECURITIES AND EXCHANGE COMMISSION 
              RELATING TO SANCTIONABLE ACTIVITIES.

    (a) In General.--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:
    ``(r) Disclosure of Certain Activities Relating to Iran, Terrorism, 
and the Proliferation of Weapons of Mass Destruction.--
            ``(1) General disclosure required.--Each issuer required to 
        file an annual or quarterly report under subsection (a) shall 
        include with such report a statement of whether, during the 
        period since the issuer made the last such report, the issuer 
        or any affiliate of the issuer--
                    ``(A) engaged in an activity described in section 5 
                of the Iran Sanctions Act of 1996 (Public Law 104-172; 
                50 U.S.C. 1701 note);
                    ``(B) knowingly engaged in an activity described in 
                subsection (c)(2) of section 104 of the Comprehensive 
                Iran Sanctions, Accountability, and Divestment Act of 
                2010 (22 U.S.C. 8513) or knowingly violated regulations 
                prescribed under subsection (d)(1) or (e)(1) of such 
                section 104; or
                    ``(C) knowingly conducted any transaction or 
                dealing with--
                            ``(i) any person the property and interests 
                        in property of which are blocked pursuant to 
                        Executive Order 13224 (66 Fed. Reg. 49079; 
                        relating to blocking property and prohibiting 
                        transacting with persons who commit, threaten 
                        to commit, or support terrorism);
                            ``(ii) any person the property and 
                        interests in property of which are blocked 
                        pursuant to Executive Order 13382 (70 Fed. Reg. 
                        38567; relating to blocking of property of 
                        weapons of mass destruction proliferators and 
                        their supporters); or
                            ``(iii) any person on the list contained in 
                        Appendix A to part 560 of title 31, Code of 
                        Federal Regulations (commonly known as the 
                        `Iranian Transactions Regulations').
            ``(2) Specific disclosure required.--If an issuer reports 
        under paragraph (1) that the issuer or an affiliate of the 
        issuer has engaged in any activity described in that paragraph, 
        the issuer shall include with the statement required under that 
        paragraph a detailed description of each such activity, 
        including--
                    ``(A) the nature and extent of the activity;
                    ``(B) the revenues and profits, if any, 
                attributable to the activity; and
                    ``(C) whether the issuer or the affiliate of the 
                issuer (as the case may be) intends to continue the 
                activity.
            ``(3) Investigation of disclosures.--When the Commission 
        receives a report under paragraph (1) from an issuer that the 
        issuer or an affiliate of the issuer has engaged in any 
        activity described in that paragraph, the President shall--
                    ``(A) initiate an investigation into the possible 
                imposition of sanctions under the Iran Sanctions Act of 
                1996 (Public Law 104-172; 50 U.S.C. 1701 note), 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 (1)(C), or any other provision of law; and
                    ``(B) 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).
            ``(4) Public disclosure of information.--The Commission 
        shall promptly--
                    ``(A) make the information provided to the 
                Commission under paragraphs (1) and (2) available to 
                the public by posting the information on the Internet 
                Web site of the Commission; and
                    ``(B) provide a copy of that information to--
                            ``(i) the President;
                            ``(ii) the Committee on Foreign Affairs and 
                        the Committee on Financial Services of the 
                        House of Representatives; and
                            ``(iii) the Committee on Foreign Relations 
                        and the Committee on Banking, Housing, and 
                        Urban Affairs of the Senate.
            ``(5) Sunset.--The provisions of this subsection 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)).''.
    (b) Effective Date.--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.

SEC. 106. DEADLINE FOR REGULATIONS WITH RESPECT TO FINANCIAL 
              INSTITUTIONS MAINTAINING ACCOUNTS FOR FOREIGN FINANCIAL 
              INSTITUTIONS.

    Section 104(e)(1) of the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (22 U.S.C. 8513(e)(1)) is 
amended by striking ``The Secretary'' and inserting ``Not later than 90 
days after the date of the enactment of the Iran, North Korea, and 
Syria Sanctions Consolidation Act of 2011, the Secretary''.

SEC. 107. DIPLOMATIC EFFORTS TO EXPAND MULTILATERAL SANCTIONS REGIME 
              WITH RESPECT TO THE ISLAMIC REPUBLIC OF IRAN.

    (a) Multilateral Negotiations.--In order to further the policy set 
forth in section 101, Congress urges the President to immediately 
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 with respect to the 
Islamic Republic of Iran, including--
            (1) qualitatively expanding the United Nations Security 
        Council sanctions regime with respect to the Islamic Republic 
        of Iran to include--
                    (A) a provision prohibiting the issuance of visas 
                to any official of the Government of the Islamic 
                Republic of Iran who is involved in--
                            (i) human rights violations in or outside 
                        of the Islamic Republic of Iran;
                            (ii) the development of the nuclear weapons 
                        program of the Islamic Republic of Iran; or
                            (iii) support by the Government of the 
                        Islamic Republic of Iran for terrorist 
                        organizations, including Hamas and Hezbollah;
                    (B) a provision requiring each member country of 
                the United Nations to prohibit the Islamic Republic of 
                Iran Shipping Lines and cargo flights of Iran Air from 
                landing at ports in that country because of the role of 
                those organizations in proliferation and illegal arms 
                sales; and
                    (C) a provision authorizing and requiring 
                international interdiction of aircraft or vessels 
                suspected of being involved in smuggling of weapons or 
                items relating to the proliferation of weapons of mass 
                destruction by North Korea, the Islamic Republic of 
                Iran, or Syria;
            (2) qualitatively expanding the range of sanctions imposed 
        with respect to the Islamic Republic of Iran by the European 
        Union, South Korea, Japan, Australia, and other key allies of 
        the United States;
            (3) expanding efforts to limit the development of petroleum 
        resources and the importation of refined petroleum products by 
        the Islamic Republic of Iran; and
            (4) developing initiatives aimed at--
                    (A) increasing the production of crude oil in 
                countries other than the Islamic Republic of Iran; and
                    (B) assisting countries that purchase or otherwise 
                obtain crude oil or other petroleum products from the 
                Islamic Republic of Iran to reduce their dependence 
                crude oil and petroleum products from the Islamic 
                Republic of Iran.
    (b) Reports to Congress.--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 that includes--
            (1) an identification of the countries that have agreed to 
        impose additional sanctions or take other measures to further 
        the policy set forth in section 101 and a description of those 
        measures;
            (2) an identification of the countries that have not agreed 
        to impose such sanctions or measures; and
            (3) with respect to the countries described in paragraph 
        (2), recommendations with respect to other measures the United 
        States could take to further the policy set forth in section 
        101.
    (c) Interim Report on Multilateral Sanctions; Monitoring.--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--
            (1) the countries that have established legislative or 
        administrative standards providing for the imposition of 
        economic sanctions with respect persons that conduct business 
        or have investments in Iran and their affiliates;
            (2) the extent and duration of each instance of the 
        application of such sanctions by such countries; and
            (3) the disposition of any decision by the World Trade 
        Organization or its predecessor organization with respect to 
        whether the imposition of any such sanction by any such country 
        is inconsistent with the obligations of that country as a 
        member of the World Trade Organization or under the General 
        Agreement on Tariffs and Trade.

SEC. 108. REPORT ON CERTAIN ACTIONS OF THE CENTRAL BANK OF IRAN.

    Not later than 90 days after the date of the enactment of this Act, 
the President shall submit to Congress a report on the involvement of 
the Central Bank of Iran in supporting--
            (1) the development of weapons of mass destruction by the 
        Islamic Republic of Iran; and
            (2) support for acts of international terrorism by the 
        Government of the Islamic Republic of Iran.

SEC. 109. REPORT ON ENTITIES THAT PROVIDE REFINED PETROLEUM PRODUCTS TO 
              THE ISLAMIC REPUBLIC OF IRAN.

    (a) Report.--Not later than 90 days after the date of the enactment 
of this Act, and annually thereafter, the President shall submit to 
Congress a report that identifies, based on credible information (as 
defined in section 4(e)(4) of the Iran Sanctions Act of 1996, as 
amended by section 104(b) of this Act) available to the President--
            (1) any entity that has sold or is selling a refined 
        petroleum product to the Islamic Republic of Iran; and
            (2) the country where that refined petroleum was refined.
    (b) Effect of Failure To Submit Report.--If, in any year, the 
President does not submit the report required by subsection (a) by the 
date required by that subsection, for each 30-day period that begins 
after that date, an amount equivalent to 10 percent of the amount 
appropriated for the Bureau of Legislative Affairs of the Department of 
State for the preceding 30-day period shall be rescinded.
    (c) Waiver.--The President may waive the application of subsection 
(b) on a case-by-case basis if the President--
            (1) certifies that the waiver is in the national interest; 
        and
            (2) notifies Congress in writing not later than 15 days 
        before the waiver takes effect.

SEC. 110. GOVERNMENT ACCOUNTABILITY OFFICE REPORT ON PROVIDERS OF GOODS 
              AND SERVICES TO IRANIAN ENERGY SECTOR.

    Not later than 180 days after the date of the enactment of this 
Act, and annually thereafter, the Comptroller General of the United 
States shall submit to Congress a report listing all foreign investors 
in the energy sector of the Islamic Republic of Iran, including--
            (1) all entities that export gasoline and other refined 
        petroleum products to the Islamic Republic of Iran;
            (2) all entities involved in providing refined petroleum 
        products to the Islamic Republic of Iran, including entities 
        that provide ships to transport refined petroleum products to 
        the Islamic Republic of Iran and entities that provide 
        insurance or reinsurance for shipments of refined petroleum 
        products to the Islamic Republic of Iran; and
            (3) all entities involved in commercial transactions of any 
        kind, including joint ventures anywhere in the world, with 
        Iranian energy companies.

   Subtitle B--Application of Sanctions Against Affiliates of Iran's 
                   Islamic Revolutionary Guard Corps

SEC. 121. DEFINITIONS.

    In this subtitle:
            (1) Appropriate congressional committees.--The term 
        ``appropriate congressional committees'' means--
                    (A) the Committee on Banking, Housing, and Urban 
                Affairs and the Committee on Foreign Relations of the 
                Senate; and
                    (B) the Committee on Financial Services and the 
                Committee on Foreign Affairs of the House of 
                Representatives.
            (2) Foreign person.--The term ``foreign person'' has the 
        meaning given the term in section 14 of the Iran Sanctions Act 
        of 1996 (Public Law 104-172; 50 U.S.C. 1701 note).
            (3) Iran's islamic revolutionary guard corps.--The term 
        ``Iran's Islamic Revolutionary Guard Corps'' includes the 
        Iran's Islamic Revolutionary Guard Corps-Qods Force.

SEC. 122. SANCTIONS AGAINST AFFILIATES OF IRAN'S ISLAMIC REVOLUTIONARY 
              GUARD CORPS.

    (a) In General.--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 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 13382 to each foreign person 
or foreign entity for which there is a reasonable basis for determining 
that the person or entity--
            (1) is as an agent, alias, front, instrumentality, 
        official, or affiliate of Iran's Islamic Revolutionary Guard 
        Corps; or
            (2) is an individual serving as a representative of Iran's 
        Islamic Revolutionary Guard Corps.
    (b) Priority for Investigation.--In carrying out this section, the 
President shall give priority to investigating--
            (1) 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 the Islamic 
        Republic of Iran); and
            (2) 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).
    (c) Sensitive Transaction or Activity.--A sensitive transaction or 
activity referred to in subsection (b) is--
            (1) 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;
            (2) 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;
            (3) a transaction relating to the manufacture, procurement, 
        or sale of goods, services, and technology relating to the 
        Islamic Republic of Iran's energy sector, including the 
        development of the energy resources of the Islamic Republic of 
        Iran, exportation of petroleum products, and importation of 
        refined petroleum and refining capacity available to the 
        Islamic Republic of Iran;
            (4) 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 (22 
        U.S.C. 8515(c)); or
            (5) an attempt to exert a malign influence in the internal 
        affairs of Iraq, Afghanistan, or Lebanon.
    (d) Exclusion From United States.--The Secretary of State shall 
deny a visa to, and the Secretary of Homeland Security shall exclude 
from the United States, 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 13382 pursuant to subsection (a).
    (e) Rule of Construction.--Nothing in this section shall be 
construed to remove any sanction of the United States in force with 
respect to 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 the Islamic 
Republic of Iran.

SEC. 123. MEASURES AGAINST FOREIGN PERSONS OR ENTITIES SUPPORTING 
              IRAN'S ISLAMIC REVOLUTIONARY GUARD CORPS.

    (a) Identification and Notification.--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--
            (1) materially assists, sponsors, or provides financial, 
        material, or technological support for, or goods or services in 
        support of, Iran's Islamic Revolutionary Guard Corps or any 
        person or entity that is identified pursuant to section 122(a) 
        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
            (2) conducts any commercial transaction or financial 
        transaction, including a transaction relating to the energy 
        sector of the Islamic Republic of Iran, with Iran's Islamic 
        Revolutionary Guard Corps or any person or entity described in 
        paragraph (1).
    (b) Waiver.--
            (1) In general.--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, including 
        through the divulgence of sources and methods of intelligence 
        or other critical classified information.
            (2) Notice to congress.--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 
        any activity or transaction that would have caused the 
        identification, designation, or determination for purposes of 
        this title.
    (c) Sanctions.--
            (1) In general.--Not later than 60 days after the date on 
        which the President provides notice to the appropriate 
        congressional committees pursuant to subsection (a), the 
        President shall apply to each foreign person or foreign entity 
        identified in the notice, for a period of not less than 2 
        years, the following sanctions:
                    (A) No department or agency of the United States 
                Government may procure or enter into a contract for the 
                procurement of goods or services from the person or 
                entity.
                    (B) No products produced by the person or entity 
                may be imported into the United States.
            (2) Termination.--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--
                    (A) no longer engages in the activity or activities 
                for which the sanctions were imposed; and
                    (B) has provided assurances to the United States 
                Government that it will not engage in the activity or 
                activities in the future.
    (d) IEEPA Sanctions.--The President may exercise the authorities 
provided under section 203(a) of the International Emergency Economic 
Powers Act (50 U.S.C. 1702(a)) to impose additional sanctions on each 
foreign person or foreign entity identified pursuant to subsection (a) 
of this section, for a period of not less than 2 years, without regard 
to section 202 of that Act.
    (e) Waiver.--
            (1) In general.--The President may waive the application of 
        any sanction described in subsection (c) with respect to a 
        foreign person or foreign entity if the President--
                    (A)(i) 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
                    (ii) determines that it is in the national security 
                interests of the United States to do so; and
                    (B) submits to the appropriate congressional 
                committees a report that contains the reasons for the 
                determination.
            (2) Form of report.--A report submitted under paragraph 
        (1)(B) shall be submitted in unclassified form, but may contain 
        a classified annex.

SEC. 124. EXPORTATION OF PETROLEUM, OIL, AND NATURAL GAS PRODUCED BY 
              IRAN'S ISLAMIC REVOLUTIONARY GUARD CORPS OR ITS 
              AFFILIATES.

    (a) In General.--Except as provided in subsection (c), the 
President shall impose the sanctions described in section 6(a) of the 
Iran Sanctions Act of 1996 (Public Law 104-172; 50 U.S.C. 1701 note) 
with respect to a person if the President determines that the person 
knowingly, on or after the date of the enactment of this Act, provides 
any service described in subsection (b) with respect to the exportation 
of petroleum, oil, or liquified natural gas to be refined or otherwise 
processed outside of the Islamic Republic of Iran if--
            (1) Iran's Islamic Revolutionary Guard Corps or any of its 
        affiliates were directly and significantly involved in the 
        development, extraction, production, transportation, or sale of 
        such petroleum, oil, or liquefied natural gas in Iran; and
            (2)(A) the fair market value of such petroleum, oil, or 
        liquefied natural gas is $1,000,000 or more; or
            (B) during a 12-month period, the aggregate fair market 
        value of such petroleum, oil, or liquefied natural gas is 
        $5,000,000 or more.
    (b) Services Described.--The services described in this subsection 
are--
            (1) refining or otherwise processing petroleum, oil, or 
        liquefied natural gas;
            (2) the provision of ships or shipping services; or
            (3) financing, brokering, underwriting, or providing 
        insurance or reinsurance.
    (c) Exception for Underwriters and Insurance Providers Exercising 
Due Diligence.--The President may not impose sanctions under this 
section 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 
with respect to the exportation of petroleum, oil, or liquefied natural 
gas in violation of subsection (a).

SEC. 125. RULE OF CONSTRUCTION.

    Nothing in this title shall be construed to limit the authority of 
the President to designate foreign persons or foreign entities for 
inclusion in the Annex to Executive Order 13382 (70 Fed. Reg. 38567; 
relating to blocking property of weapons of mass destruction 
proliferators and their supporters).

                   Subtitle C--Human Rights Sanctions

SEC. 131. DEFINITIONS.

    In this subtitle:
            (1) Admitted; alien.--The terms ``admitted'' and ``alien'' 
        have the meanings given those terms in section 101(a) of the 
        Immigration and Nationality Act (8 U.S.C. 1101(a)).
            (2) Appropriate congressional committees.--The term 
        ``appropriate congressional committees'' means--
                    (A) the Committee on Foreign Relations, the 
                Committee on Finance, and the Committee on Banking, 
                Housing, and Urban Affairs of the Senate; and
                    (B) the Committee on Foreign Affairs, the Committee 
                on Ways and Means, and the Committee on Financial 
                Services of the House of Representatives.
            (3) Credible information.--The term ``credible 
        information'' has the meaning given that term in section 
        4(e)(4) of the Iran Sanctions Act of 1996, as amended by 
        section 104(b) of this Act.
            (4) Knowingly.--The term ``knowingly'' has the meaning 
        given that term in section 14 of the Iran Sanctions Act of 1996 
        (Public Law 104-172; 50 U.S.C. 1701 note).
            (5) United states person.--The term ``United States 
        person'' has the meaning given that term in section 101(10) of 
        the Comprehensive Iran Sanctions, Accountability, and 
        Divestment Act of 2010 (22 U.S.C. 8511(10)).

SEC. 132. IMPOSITION OF SANCTIONS WITH RESPECT TO THE TRANSFER OF GOODS 
              OR TECHNOLOGIES TO THE ISLAMIC REPUBLIC OF IRAN THAT MAY 
              BE USED TO COMMIT HUMAN RIGHTS ABUSES.

    (a) Investigations; Determinations.--
            (1) In general.--Except as provided in paragraph (3), upon 
        receiving credible information that a person may have engaged 
        in an activity described in paragraph (2), the President shall 
        initiate an investigation and, not later than 180 days after 
        initiating the investigation, make a determination with respect 
        to whether that person engaged in that activity.
            (2) Activity described.--
                    (A) In general.--A person engages in an activity 
                described in this subparagraph if the person knowingly, 
                on or after the date of the enactment of this Act--
                            (i) transfers, or facilitates the transfer 
                        of, goods or technologies described in 
                        subparagraph (C) to the Islamic Republic of 
                        Iran; or
                            (ii) provides services with respect to 
                        goods or technologies described in subparagraph 
                        (C) after such goods or technologies are 
                        transferred to the Islamic Republic of Iran.
                    (B) Applicability to contracts and other 
                agreements.--A person engages in an activity described 
                in subparagraph (A) without regard to whether the 
                activity is carried out pursuant to a contract or other 
                agreement entered into before, on, or after the date of 
                the enactment of this Act.
                    (C) Goods or technologies described.--Goods or 
                technologies described in this subparagraph are--
                            (i) firearms or ammunition (as those terms 
                        are defined in section 921 of title 18, United 
                        States Code), accessories for firearms, rubber 
                        bullets, clubs, batons, police sticks, mace, 
                        stun grenades, tasers or other electroshock 
                        weapons, tear gas, water cannons, motorcycles, 
                        or surveillance technology, if any of such 
                        goods or technologies may be used by the 
                        Government of the Islamic Republic of Iran or 
                        any of its agencies or instrumentalities;
                            (ii) sensitive technology (as defined in 
                        section 106(c) of the Comprehensive Iran 
                        Sanctions, Accountability, and Divestment Act 
                        of 2010 (22 U.S.C. 8515(c)); and
                            (iii) other goods or technologies that the 
                        President determines may be used by the 
                        Government of the Islamic Republic of Iran, or 
                        any of its agencies or instrumentalities, to 
                        commit human rights abuses against the people 
                        of the Islamic Republic of Iran.
            (3) Special rule to allow for termination of sanctionable 
        activity.--The President shall not be required to initiate an 
        investigation, and may terminate an investigation, under this 
        subsection if the President certifies in writing to the 
        appropriate congressional committees that--
                    (A) the person whose activity was the basis for the 
                investigation is no longer engaging in the activity or 
                has taken significant verifiable steps toward stopping 
                the activity; and
                    (B) the President has received reliable assurances 
                that the person will not knowingly engage in an 
                activity described in paragraph (2) in the future.
    (b) List.--
            (1) In general.--The President shall submit to the 
        appropriate congressional committees a list of each person the 
        President determines has engaged in an activity described in 
        subsection (a)(2)--
                    (A) not later than 210 days after the date of the 
                enactment of this Act, and every 180 days thereafter; 
                and
                    (B) as new information becomes available.
            (2) Form of list.--The list required by paragraph (1) shall 
        be submitted in unclassified form but may contain a classified 
        annex.
    (c) Asset Freeze.--The President shall freeze and prohibit all 
transactions in all property and interests in property of a person on 
the list required by subsection (b) if such property and interests in 
property are in the United States, come within the United States, or 
are or come within the possession or control of a United States person.
    (d) Waiver Authority.--The President may waive the application of 
this section with respect to a person if the President--
            (1) determines that such a waiver is in the national 
        interest of the United States; and
            (2) submits to the appropriate congressional committees a 
        report describing the reasons for the waiver.
    (e) Termination.--The provisions of this section shall terminate on 
the date described in section 105(d) of the Comprehensive Iran 
Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
8514(d)).

SEC. 133. IRAN FREEDOM SUPPORT ACT REAUTHORIZATION.

    (a) Additional Forms of Assistance.--Section 302(a)(1) of the Iran 
Freedom Support Act (Public Law 109-293; 22 U.S.C. 2151 note) is 
amended by adding at the end the following: ``Such assistance may also 
include the award of grants and the formation of public-private 
partnerships to facilitate or subsidize the enrollment in or directly 
provide Internet-based Farsi- or English-language higher education 
courses for people in Iran denied access to higher education solely on 
the basis of their race, religion, ethnicity, language, sexual 
orientation, belief, political opinion, membership in a political party 
or independent labor union, or lifestyle.''.
    (b) Use of Near East Regional Democracy Funds.--Section 302(c)(1) 
of such Act is amended by striking ``and the Human Rights and Democracy 
Fund'' and inserting ``the Human Rights and Democracy Fund, and the 
Near East Regional Democracy program''.
    (c) Reauthorization.--Section 302(f) of such Act is amended by 
striking ``2011'' and inserting ``2016''.

SEC. 134. SPECIAL REPRESENTATIVE ON HUMAN RIGHTS AND DEMOCRACY IN THE 
              ISLAMIC REPUBLIC OF IRAN.

    (a) Appointment.--The President shall appoint a Special 
Representative on Human Rights and Democracy in the Islamic Republic of 
Iran (in this section and section 135 referred to as the ``Special 
Representative'') within the Department of State.
    (b) Qualifications.--The Special Representative should be a person 
of recognized distinction in the field of human rights and democracy 
promotion who shall have the rank of ambassador and shall hold the 
office at the pleasure of the President.
    (c) Duties.--The Special Representative shall carry out the 
following duties:
            (1) Coordinate United States Government-wide activities 
        that promote human rights, democracy, political freedom, and 
        religious freedom inside the Islamic Republic of Iran.
            (2) Coordinate United States Government-wide activities 
        that promote human rights, political freedom, and religious 
        freedom for Iranian refugees and asylees living outside the 
        Islamic Republic of Iran.
            (3) Ensure the comprehensive investigation and designation 
        of Iranian human rights abusers in accordance with section 105 
        of the Comprehensive Iran Sanctions, Accountability, and 
        Divestment Act of 2011 (22 U.S.C. 8514).
            (4) Coordinate the documentation and publicity of political 
        dissidents and cases of human rights abuse inside the Islamic 
        Republic of Iran.
            (5) Coordinate multilateral efforts to build international 
        support for the promotion of human rights, democracy, political 
        freedom, and religious freedom in the Islamic Republic of Iran, 
        including broadcasting, Internet access, and dissemination of 
        information.
            (6) Encourage the United Nations, multilateral 
        organizations, and human rights nongovernmental organizations 
        to more robustly investigate and report on human rights abuses 
        in the Islamic Republic of Iran.
            (7) Encourage foreign governments to downgrade or sever 
        diplomatic relations with the Government of the Islamic 
        Republic of Iran, enact economic sanctions, and assist Iranian 
        dissidents in response to the Government of the Islamic 
        Republic of Iran's continued violations of human rights.
            (8) Encourage foreign governments to expel the Islamic 
        Republic of Iran from international fora and organizations with 
        a human rights component, including the United Nations Human 
        Rights Council, the United Nations Commission on the Status of 
        Women, the United Nations Educational, Scientific and Cultural 
        Organization, the United Nations Children's Fund, and the 
        International Labour Organization.
            (9) Coordinate all programs funded under the Iran Freedom 
        Support Act (Public Law 109-293; 22 U.S.C. 2151 note).
    (d) Authority.--
            (1) Coordination of activities.--The Special Representative 
        shall coordinate all activities related to the Islamic Republic 
        of Iran carried out by the Bureau of Near Eastern Affairs, the 
        Bureau of Democracy, Human Rights and Labor, and the Bureau of 
        Population, Refugees and Migration of the Department of State, 
        the Ambassador at Large for International Religious Freedom, 
        and the Special Envoy to Monitor and Combat Anti-Semitism.
            (2) Coordination of use of funds.--The Special 
        Representative shall coordinate and oversee the obligation and 
        expenditure of funds related to human rights, democracy, 
        Internet freedom, and broadcasting activities in the Islamic 
        Republic of Iran, including funds made available for such 
        purposes to the Middle East Partnership Initiative (MEPI), the 
        Broader Middle East, and North Africa Initiative, the Human 
        Rights and Democracy Fund, and Near Eastern Regional Democracy.
    (e) Diplomatic Representation.--Subject to the direction of the 
President and the Secretary of State, the Special Representative is 
authorized to represent the United States in matters and cases relevant 
to the promotion of human rights, democracy, political freedom, and 
religious freedom in the Islamic Republic of Iran in--
            (1) contacts with foreign governments, intergovernmental 
        organizations, and specialized agencies of the United Nations, 
        the Organization of Security and Cooperation in Europe, and 
        other international organizations of which the United States is 
        a member; and
            (2) multilateral conferences and meetings relevant to the 
        promotion of human rights, democracy, political freedom, and 
        religious freedom in the Islamic Republic of Iran.
    (f) Consultations.--The Special Representative shall consult with 
domestic and international nongovernmental organizations, unions, 
multilateral organizations and institutions as the Special 
Representative considers appropriate to fulfill the purposes of this 
Act.
    (g) Funding.--Of prior year funds made available for ``Near East 
Regional Democracy'', the Secretary of State shall provide to the 
Special Representative such sums as may be necessary for fiscal year 
2012 for the hiring of staff, for the conduct of investigations, and 
for necessary travel to carry out the provisions of this Act.

SEC. 135. COMPREHENSIVE STRATEGY TO PROMOTE INTERNET FREEDOM AND ACCESS 
              TO INFORMATION IN THE ISLAMIC REPUBLIC OF IRAN.

    Not later than 90 days after the date of the enactment of this Act, 
the President, in coordination with the Special Representative on Human 
Rights and Democracy in the Islamic Republic of Iran, shall submit to 
the Committees on Appropriations and Foreign Affairs of the House of 
Representatives and the Committees on Appropriations and Foreign 
Relations of the Senate a comprehensive strategy developed in 
consultation with the Department of State, other Federal agencies, the 
National Endowment for Democracy, the Broadcasting Board of Governors, 
and nongovernmental organizations, including current implementers and 
unions, as appropriate, to--
            (1) help the people of the Islamic Republic of Iran 
        produce, access, and share information freely and safely via 
        the Internet, including in Farsi and regional languages;
            (2) support the development of counter-censorship 
        technologies that enable the citizens of the Islamic Republic 
        of Iran to undertake Internet activities without interference 
        from their government;
            (3) increase the capabilities and availability of secure 
        mobile communications among human rights and democracy 
        activists in the Islamic Republic of Iran;
            (4) provide resources for digital safety training for 
        media, unions, and academic and civil society organizations in 
        the Islamic Republic of Iran;
            (5) increase the amount of accurate Internet content in 
        local languages in the Islamic Republic of Iran;
            (6) increase emergency resources for the most vulnerable 
        human rights advocates seeking to organize, share information, 
        and support human rights in the Islamic Republic of Iran;
            (7) expand surrogate radio, television, live stream, and 
        social network communications inside the Islamic Republic of 
        Iran and improve Voice of America's Persian News Network and 
        Radio Free Europe/Radio Liberty's Radio Farda to provide 24/7 
        hourly live news update and breaking news coverage capability;
            (8) expand activities to safely assist and train human 
        rights, civil society, and union activists in the Islamic 
        Republic of Iran to operate effectively and securely;
            (9) defeat all attempts by the Government of the Islamic 
        Republic of Iran to jam or otherwise deny international 
        satellite broadcasting signals; and
            (10) expand worldwide United States embassy and consulate 
        programming for and outreach to Iranian dissident communities.

SEC. 136. EXPEDITED CONSIDERATION OF REQUESTS FOR AUTHORIZATION OF 
              HUMAN RIGHTS AND DEMOCRACY-RELATED ACTIVITIES WITH 
              RESPECT TO THE ISLAMIC REPUBLIC OF IRAN.

    (a) Requirement.--The Office of Foreign Assets Control shall 
establish a 30-day expedited process for the consideration of requests 
for authorization of human rights or democracy-related activities 
relating to the Islamic Republic of Iran submitted by--
            (1) entities receiving funds from the Department of State;
            (2) the Broadcasting Board of Governors; and
            (3) other appropriate agencies of the United States 
        Government.
    (b) Regulations.--The Secretary of the Treasury shall prescribe 
such regulations as are appropriate to carry out the requirement in 
subsection (a).

                     Subtitle D--General Provisions

SEC. 141. TERMINATION.

    (a) In General.--The provisions of, and amendments made by, this 
title (other than the amendments made by sections 104, 105, and 123) 
shall terminate on the date that is 30 days after the date on which the 
President certifies to Congress that the Government of the Islamic 
Republic of Iran--
            (1) has ceased and verifiably dismantled its efforts to 
        design, develop, manufacture, or acquire--
                    (A) a nuclear explosive device or related materials 
                and technology;
                    (B) chemical and biological weapons; and
                    (C) ballistic missiles and ballistic missile launch 
                technology;
            (2) is no longer involved in acts of violence against the 
        people of the Islamic Republic of Iran;
            (3) no longer provides support for acts of international 
        terrorism; and
            (4) poses no threat to the national security, interests, or 
        allies of the United States.
    (b) Notification.--The President shall notify the Committee on 
Foreign Relations of the Senate and the Committee on Foreign Affairs of 
the House of Representatives not later than 15 days before making a 
certification described in subsection (a).

 TITLE II--EXPANSION OF SANCTIONS WITH RESPECT TO THE ISLAMIC REPUBLIC 
                    OF IRAN, NORTH KOREA, AND SYRIA

SEC. 201. DEFINITIONS.

    In this title:
            (1) Domestic financial institution; foreign financial 
        institution.--The terms ``domestic financial institution'' and 
        ``foreign financial institution'' have the meanings given those 
        terms by the Secretary of the Treasury pursuant to section 
        104(i)(1)(D) of the Comprehensive Iran Sanctions, 
        Accountability, and Divestment Act of 2010 (22 U.S.C. 
        8513(i)(1)(D)).
            (2) Financial institution.--The term ``financial 
        institution'' means a financial institution specified in 
        subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), 
        (M), or (Y) of section 5312(a)(2) of title 31, United States 
        Code.

SEC. 202. SANCTIONS APPLICABLE UNDER THE IRAN, NORTH KOREA, AND SYRIA 
              NONPROLIFERATION ACT.

    (a) Sanctions for Acquiring Certain Materials and Providing Certain 
Services.--Section 2 of the Iran, North Korea, and Syria 
Nonproliferation Act (Public Law 106-178; 50 U.S.C. 1701 note) is 
amended--
            (1) in subsection (a)--
                    (A) in paragraph (1), by redesignating 
                subparagraphs (A) through (E) as clauses (i) through 
                (v), respectively, and by moving such clauses, as so 
                redesignated, 2 ems to the right;
                    (B) by redesignating paragraphs (1) and (2) as 
                subparagraphs (A) and (B), respectively, and by moving 
                such subparagraphs, as so redesignated, 2 ems to the 
                right;
                    (C) in the matter preceding subparagraph (A), as 
                redesignated, by striking ``indicating that that person 
                on or after January 1, 1999'' and inserting the 
                following: ``indicating that that person--
            ``(1) on or after January 1, 1999'';
                    (D) in paragraph (1)(B), as redesignated--
                            (i) by striking ``paragraph (1)'' and 
                        inserting ``subparagraph (A)''; and
                            (ii) by striking the period at the end and 
                        inserting a semicolon; and
                    (E) by adding at the end the following:
            ``(2) on or after the date of the enactment of the Iran, 
        North Korea, and Syria Sanctions Consolidation Act of 2011, 
        acquired materials mined or otherwise extracted within the 
        territory or control of North Korea; or
            ``(3) except as provided in subsection (f), on or after the 
        date of the enactment of the Iran, North Korea, and Syria 
        Sanctions Consolidation Act of 2011, knowingly provided a 
        vessel, insurance or reinsurance, or any other shipping service 
        for the transportation of goods to or from Iran, North Korea, 
        or Syria if those goods relate, directly or indirectly, to the 
        activities of Iran, North Korea, or Syria with respect to 
        weapons of mass destruction, support for acts of international 
        terrorism, or human rights abuses.''; and
            (2) by adding at the end the following:
    ``(f) Waiver With Respect to Shipping Services for Emergency or 
Humanitarian Purposes.--The President may waive, on a case-by-case 
basis, the requirement under subsection (a)(3) to include in the list 
required by subsection (a) foreign persons that provide vessels, 
insurance or reinsurance, or other shipping services for the 
transportation of goods to or from Iran, North Korea, or Syria if the 
President certifies to the appropriate congressional committees that 
such a waiver is necessary for emergency or humanitarian purposes.
    ``(g) Report With Respect to Petroleum From Iran.--Not later than 
180 days after the date of the enactment of the Iran, North Korea, and 
Syria Sanctions Consolidation Act of 2011, and every 180 days 
thereafter, the President shall submit to the appropriate congressional 
committees a report that--
            ``(1) describes in detail the countries and persons that 
        purchase petroleum, petroleum products, or natural gas from 
        Iran;
            ``(2) assesses the extent to which the member countries of 
        the Organization of the Petroleum Exporting Countries and other 
        countries that export a significant quantity of petroleum have 
        the capacity to increase production of petroleum and petroleum 
        products in a manner that would maintain the world supply of 
        petroleum and petroleum products in the event that Iran is no 
        longer able to export petroleum and petroleum products because 
        of economic sanctions, including economic embargoes, imposed 
        with respect to Iran by countries that purchase petroleum or 
        petroleum resources from Iran as of the date of the report; and
            ``(3) describes in detail the financial transactions that 
        take place, and the property that is located, in the United 
        States of--
                    ``(A) any person identified under paragraph (1);
                    ``(B) any person owned or controlled by a person 
                identified under paragraph (1); and
                    ``(C) any person that holds a significant share of 
                the stock, or a significant number of votes on the 
                board of directors, of a person identified under 
                paragraph (1).
            ``(4) Form of reports.--A report submitted under this 
        subsection shall be submitted in unclassified form, but may 
        contain a classified annex.''.
    (b) Application of Certain Measures.--Section 3 of the Iran, North 
Korea, and Syria Nonproliferation Act is amended--
            (1) by amending subsection (a) to read as follows:
    ``(a) Application of Measures.--Subject to sections 4 and 5, the 
President may apply, for a period of not less than 2 years, the 
measures described in subsection (b) with respect to--
            ``(1) each foreign person identified in a report submitted 
        under section 2(a);
            ``(2) each person that is a successor, subunit, or 
        subsidiary of a foreign person described in paragraph (1); and
            ``(3) each person that owns more than 50 percent of, or 
        controls in fact, a foreign person described in paragraph (1) 
        or a person described in paragraph (2).'';
            (2) in subsection (b)--
                    (A) by amending paragraph (1) to read as follows:
            ``(1) Executive order 12938 prohibitions.--The measures set 
        forth in subsections (b), (c), and (d) of section 4 of 
        Executive Order 12938 (50 U.S.C. 1701 note; relating to 
        proliferation of weapons of mass destruction).'';
                    (B) in paragraph (2), by striking ``that foreign 
                person'' and inserting ``a person described in 
                subsection (a)'';
                    (C) in paragraph (3), by striking ``that person'' 
                and inserting ``a person described in subsection (a)''; 
                and
                    (D) by adding at the end the following:
            ``(4) Investment prohibition.--Prohibition on any new 
        investment by a United States person in property, including 
        entities, owned or controlled by a person described in 
        subsection (a).
            ``(5) Financing prohibition.--Prohibition on any approval, 
        financing, or guarantee by a United States person, wherever 
        located, of a transaction by a person described in subsection 
        (a).
            ``(6) Financial assistance prohibition.--Denial by the 
        United States Government of any credit, credit guarantees, 
        grants, or other financial assistance by any agency of the 
        United States Government to a person described in subsection 
        (a).'';
            (3) in subsection (c)--
                    (A) in the matter preceding paragraph (1), by 
                striking ``foreign person'' and inserting ``person 
                described in subsection (a)''; and
                    (B) in paragraphs (1), (2), and (3), by striking 
                ``foreign'' each place it appears; and
            (4) by amending subsection (d) to read as follows:
    ``(d) Publication in Federal Register.--
            ``(1) In general.--The President shall publish notice of 
        application of measures pursuant to subsection (a) in the 
        Federal Register.
            ``(2) Content.--Each notice published pursuant to paragraph 
        (1) shall include the name and address (where known) of each 
        person to which measures have been applied pursuant to 
        subsection (a).''.
    (c) National Security Waiver.--Section 4 of the Iran, North Korea, 
and Syria Nonproliferation Act is amended to read as follows:

``SEC. 4. WAIVER ON BASIS OF NATIONAL SECURITY.

    ``(a) In General.--The President may waive the application of any 
measure under section 3 with respect to a person not earlier than 30 
days after the President determines and reports in writing to the 
appropriate congressional committees that the waiver is in the national 
security interests of the United States.
    ``(b) Contents of Report.--A report submitted under subsection (a) 
shall include--
            ``(1) a description of the circumstances and rationale 
        supporting the determination of the President that the waiver 
        is in the national security interests of the United States; and
            ``(2) an identification of--
                    ``(A) the name and address (where known) of the 
                person to which the waiver will be applied;
                    ``(B) in the case of activities described in 
                paragraphs (1) and (2) of section 2(a)--
                            ``(i) the specific goods, services, or 
                        technologies, the transfer or acquisition of 
                        which would require the application of measures 
                        pursuant to section 3 if the President had not 
                        invoked the waiver authority under subsection 
                        (a); and
                            ``(ii) the name and address (where known) 
                        of the person to which the goods, services, or 
                        technology were transferred or from which the 
                        goods, services, or technology were acquired 
                        (as applicable); and
                    ``(C) in the case of the provision of a vessel, 
                insurance or reinsurance, or another shipping service 
                described in section 2(a)(3)--
                            ``(i) a description of the vessel or 
                        service the provision of which would require 
                        the application of measures pursuant to section 
                        3 if the President had not invoked the waiver 
                        authority under subsection (a); and
                            ``(ii) the name and address (where known) 
                        of the person to which the vessel or service 
                        was provided.
    ``(c) Form.--A report submitted under subsection (a) shall be 
submitted in unclassified form, but may contain a classified annex.''.
    (d) Prohibition on Landing in the United States of Vessels That 
Have Landed in Iran, North Korea, or Syria.--The Iran, North Korea, and 
Syria Nonproliferation Act, as amended by this section, is further 
amended by adding at the end the following:

``SEC. 8. PROHIBITION ON CERTAIN VESSELS LANDING IN THE UNITED STATES; 
              ENHANCED INSPECTIONS.

    ``(a) Prohibition on Certain Vessels Landing in the United 
States.--On and after the date of the enactment of the Iran, North 
Korea, and Syria Sanctions Consolidation Act of 2011, a vessel may not 
knowingly land at any port in the United States to load or unload cargo 
or engage in the trade of goods or services if the vessel entered a 
port in Iran, North Korea, or Syria during the 180-day period preceding 
arrival of the vessel at the port in the United States.
    ``(b) Enforcement; Enhanced Inspections.--Not later than 180 days 
after the date of the enactment of the Iran, North Korea, and Syria 
Sanctions Consolidation Act of 2011, the Secretary of Homeland 
Security, in consultation with the Secretary of the Treasury and the 
Secretary of Commerce, shall prescribe regulations that--
            ``(1) require each vessel requesting to land at a port in 
        the United States to certify that the vessel is not prohibited 
        from landing at that port under subsection (a);
            ``(2) provide for, with respect to any vessel that provides 
        a false certification under paragraph (1)--
                    ``(A) the prohibition, for a period of 2 years, on 
                that vessel landing at a port in the United States; or
                    ``(B) the prosecution of the owner of that vessel 
                under title 18, United States Code, if the penalty 
                provided for under such title is greater than the 
                penalty described in subparagraph (A);
            ``(3) provide a mechanism for identifying foreign ports at 
        which vessels have landed during the preceding 180-day period 
        that have also landed at ports in Iran, North Korea, or Syria 
        during that period;
            ``(4) require enhanced inspection of all vessels arriving 
        at a port in the United States from a foreign port identified 
        under paragraph (3); and
            ``(5) set forth procedures for inspecting each vessel 
        described in paragraph (4) that are sufficiently rigorous to 
        establish whether the vessel was involved, during the 180-day 
        period preceding the arrival of the vessel at the port in the 
        United States, in any activity that would be subject to 
        sanctions under this Act or any other provision of law.
    ``(c) National Security Waiver.--The Secretary of Homeland 
Security, in consultation with the Secretary of the Treasury and the 
Secretary of Commerce, may waive the application of subsections (a) and 
(b) with respect to a vessel not earlier than 30 days after the 
Secretary of Homeland Security--
            ``(1) determines that the waiver is in the national 
        security interests of the United States; and
            ``(2) submits to the appropriate congressional committees a 
        report describing the reasons for the determination.
    ``(d) Port Defined.--For purposes of this section, the term `port' 
means a seaport.''.
    (e) Conforming Amendments.--The Iran, North Korea, and Syria 
Nonproliferation Act, as amended by this section, is further amended--
            (1) in section 2(a), by striking ``Committee on 
        International Relations of the House of Representatives and the 
        Committee on Foreign Relations of the Senate'' and inserting 
        ``appropriate congressional committees'';
            (2) in section 5--
                    (A) in the section heading, by striking ``sections 
                3 and 4'' and inserting ``section 3''; and
                    (B) in subsection (a)--
                            (i) in the matter preceding paragraph (1), 
                        by striking ``Sections 3 and 4 shall not apply 
                        to a foreign person 15 days after the President 
                        reports to the Committee on International 
                        Relations of the House of Representatives and 
                        the Committee on Foreign Relations of the 
                        Senate'' and inserting ``The measures described 
                        in section 3(b) shall not apply to a person 
                        described in section 3(a) 15 days after the 
                        President reports to the appropriate 
                        congressional committees'';
                            (ii) by redesignating paragraphs (1) 
                        through (4) as subparagraphs (A) through (D), 
                        respectively, and by moving such subparagraphs, 
                        as so redesignated, 2 ems to the right;
                            (iii) by inserting after ``that--'' the 
                        following:
            ``(1) in the case of a transfer or acquisition of goods, 
        services, or technology described in section 2(a)(1)--'';
                            (iv) in paragraph (1)(C), as redesignated, 
                        by striking ``section 2(a)(1)'' and inserting 
                        ``section 2(a)(1)(A)'';
                            (v) in paragraph (1)(D), as redesignated, 
                        by striking the period and inserting a 
                        semicolon; and
                            (vi) by adding at the end the following:
            ``(2) in the case of an acquisition of materials mined or 
        otherwise extracted within the territory of North Korea 
        described in section 2(a)(2), the person did not acquire such 
        materials; or
            ``(3) in the case of the provision of a vessel, insurance 
        or reinsurance, or another shipping service for the 
        transportation of goods to or from Iran, North Korea, or Syria 
        described in section 2(a)(3), the person did not provide such a 
        vessel or service.''; and
                    (C) in subsection (b)--
                            (i) in paragraph (1), by striking ``each 
                        foreign person identified in each report 
                        submitted pursuant to section 2(a)'' and 
                        inserting ``each person described in section 
                        3(a)''; and
                            (ii) in paragraph (2), by striking ``a 
                        foreign person identified in a report submitted 
                        pursuant to section 2(a)'' and inserting ``a 
                        person described in section 3(a)''; and
            (3) in section 6--
                    (A) by striking ``Committee on International 
                Relations'' each place it appears and inserting 
                ``Committee on Foreign Affairs''; and
                    (B) by striking ``Committee on Science'' each place 
                is appears and inserting ``Committee on Science and 
                Technology''.
    (f) Definitions.--Section 7 of the Iran, North Korea, and Syria 
Nonproliferation Act is amended--
            (1) in paragraph (2)--
                    (A) in the paragraph heading, by striking ``; 
                person'';
                    (B) in the matter preceding subparagraph (A), by 
                striking ``The terms `foreign person' and `person' 
                mean'' and inserting ``The term `foreign person' 
                means'';
                    (C) in subparagraph (B), by striking the semicolon 
                and inserting ``; and'';
                    (D) in subparagraph (C), by striking ``; and'' and 
                inserting a period; and
                    (E) by striking subparagraph (D);
            (2) by striking paragraph (3) and redesignating paragraphs 
        (4) and (5) as paragraphs (3) and (4), respectively; and
            (3) by adding at the end the following:
            ``(5) United states person.--The term `United States 
        person' means--
                    ``(A) a natural person who is a citizen or resident 
                of the United States; or
                    ``(B) an entity that is organized under the laws of 
                the United States or any State or territory thereof.
            ``(6) Appropriate congressional committees.--The term 
        `appropriate congressional committees' means the Committee on 
        Foreign Affairs and the Committee on Financial Services of the 
        House of Representatives and the Committee on Foreign Relations 
        and the Committee on Banking, Housing, and Urban Affairs of the 
        Senate.
            ``(7) Vessel.--The term `vessel' has the meaning given that 
        term in section 1081 of title 18, United States Code.''.

SEC. 203. IDENTIFICATION OF, AND IMMIGRATION RESTRICTIONS ON, SENIOR 
              OFFICIALS OF THE GOVERNMENTS OF THE ISLAMIC REPUBLIC OF 
              IRAN, NORTH KOREA, AND SYRIA, AND THEIR ASSOCIATES.

    (a) Identification.--Not later than 180 days after the date of the 
enactment of this Act, and annually thereafter, the President shall 
publish a list of each individual the President determines is--
            (1) a senior official of the Government of the Islamic 
        Republic of Iran, North Korea, or Syria, including a member of 
        Iran's Islamic Revolutionary Guard Corps; or
            (2) a close associate of an individual described in 
        paragraph (1).
    (b) Restrictions on Visas and Adjustments in Immigration Status.--
If the Secretary of State or the Secretary of Homeland Security, as 
appropriate, determines that there is credible evidence that an 
individual is on the list required by subsection (a), the Secretary of 
State or the Secretary of Homeland Security may not grant the 
individual immigration status in, or admit the individual to, the 
United States.
    (c) Waiver for National Interests.--The President may waive the 
application of subsection (a) with respect to individual if the 
President--
            (1) determines that such a waiver is in the national 
        interests of the United States; and
            (2) not less than 7 days before the waiver takes effect, 
        notifies Congress of the waiver and the reason for the waiver.

SEC. 204. REPORTS BY CERTAIN FINANCIAL INSTITUTIONS WITH RESPECT TO 
              ACTIVITIES CARRIED OUT WITH SANCTIONED FINANCIAL 
              INSTITUTIONS.

    (a) In General.--Not later than 180 days after the date of the 
enactment of this Act, the Secretary of the Treasury shall prescribe 
regulations requiring each domestic financial institution and any 
foreign financial institution that operates in the United States to 
report to the Secretary with respect to whether the financial 
institution engages in any transactions with--
            (1) any financial institution whose property or interests 
        in are blocked pursuant to the International Emergency Economic 
        Powers Act (50 U.S.C. 1701 et seq.) as a result of the 
        involvement of that financial institution in any activity in or 
        by the Islamic Republic of Iran, North Korea, or Syria with 
        respect to support for acts of international terrorism or the 
        proliferation of weapons of mass destruction; or
            (2) any financial institution that engages in any 
        transactions with a financial institution described in 
        paragraph (1).
    (b) Penalties.--
            (1) Prohibition on operating in the united states.--A 
        foreign financial institution that operates in the United 
        States may not continue to operate in the United States if the 
        institution--
                    (A) reports that the institution engages in 
                transactions with a financial institution described in 
                paragraph (1) or (2) of subsection (a);
                    (B) does not submit a report required by that 
                subsection after the Secretary of the Treasury has 
                warned the institution 2 times that it is required to 
                submit that report; or
                    (C) submits a false report under that subsection 
                and does not correct the factual errors in the report 
                after the Secretary of the Treasury has warned the 
                institution 2 times about the errors.
            (2) Restriction on domestic financial institutions.--A 
        domestic financial institution may not conduct any transactions 
        with a financial institution that--
                    (A) is required to submit a report under subsection 
                (a); and
                    (B)(i) does not submit a report required by 
                subsection (a);
                    (ii) reports under that subsection that the 
                financial institution engages in transactions with 
                financial institutions described in paragraph (1) or 
                (2) of that subsection; or
                    (iii) submits a false report under that subsection.
    (c) Waiver.--The President may waive the application of a penalty 
under subsection (b) with respect to a financial institution on a case-
by-case basis if the President--
            (1) certifies to the appropriate congressional committees 
        that the waiver is in the national security interests of the 
        United States; and
            (2) submits to those committees not less than 15 days 
        before the waiver takes effect a report that--
                    (A) identifies the financial institution to which 
                the waiver applies by name; and
                    (B) provides an explanation for the need for the 
                waiver.

SEC. 205. SANCTIONS WITH RESPECT TO CRITICAL DEFENSE RESOURCES PROVIDED 
              TO OR ACQUIRED FROM THE ISLAMIC REPUBLIC OF IRAN, NORTH 
              KOREA, OR SYRIA.

    (a) In General.--The President shall apply the sanctions described 
in subsection (b) to any person the President determines is providing 
to, or acquiring from, the Islamic Republic of Iran, North Korea, or 
Syria any good or technology that the President determines is used, or 
is likely to be used, for military applications.
    (b) Sanctions Described.--The sanctions described in this 
subsection are, with respect to a person described in subsection (a), 
the following:
            (1) Foreign exchange.--Prohibiting any transactions in 
        foreign exchange that are subject to the jurisdiction of the 
        United States and in which that person has any interest.
            (2) Banking transactions.--Prohibiting 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 that person.
            (3) Property transactions.--Prohibiting any person from--
                    (A) acquiring, holding, withholding, using, 
                transferring, withdrawing, transporting, importing, or 
                exporting any property that is subject to the 
                jurisdiction of the United States and with respect to 
                which the person described in subsection (a) has any 
                interest;
                    (B) dealing in or exercising any right, power, or 
                privilege with respect to such property; or
                    (C) conducting any transaction involving such 
                property.
            (4) Loan guarantees.--Prohibiting the head of any Federal 
        agency from providing a loan guarantee to that person.
    (c) Restrictions on Export Licenses for Nuclear Cooperation and 
Certain Loan Guarantees.--Before issuing a license for the exportation 
of any article pursuant to an agreement for cooperation under section 
123 of the Atomic Energy Act of 1954 (42 U.S.C. 2153) or approving a 
loan guarantee or any other assistance provided by the United States 
Government with respect to a nuclear energy projects, the Secretary of 
Energy, the Secretary of Commerce, and the Nuclear Regulatory 
Commission shall certify to Congress that issuing the license or 
approving the loan guarantee or other assistance (as the case may be) 
will not permit the transfer of any good or technology described in 
subsection (a) to the Islamic Republic of Iran, North Korea, or Syria.
                                 <all>