[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 1595 Enrolled Bill (ENR)]
S.1595
One Hundred Fifteenth Congress
of the
United States of America
AT THE SECOND SESSION
Begun and held at the City of Washington on Wednesday,
the third day of January, two thousand and eighteen
An Act
To amend the Hizballah International Financing Prevention Act of 2015 to
impose additional sanctions with respect to Hizballah, 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 ``Hizballah
International Financing Prevention Amendments Act of 2018''.
(b) Table of Contents.--The table of contents for this Act is as
follows:
Sec. 1. Short title; table of contents.
TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL
AND OTHER INSTITUTIONS
Sec. 101. Mandatory sanctions with respect to fundraising and
recruitment activities for Hizballah.
Sec. 102. Modification of report with respect to financial institutions
that engage in certain transactions.
Sec. 103. Sanctions against certain agencies and instrumentalities of
foreign states.
Sec. 104. Diplomatic initiatives to prevent hostile activities by Iran
and disrupt and degrade Hizballah's illicit networks.
TITLE II--NARCOTICS TRAFFICKING AND TRANSNATIONAL CRIMINAL ACTIVITIES OF
HIZBALLAH
Sec. 201. Imposition of sanctions with respect to affiliated networks of
Hizballah for transnational criminal activities.
Sec. 202. Report on racketeering activities engaged in by Hizballah.
Sec. 203. Modification of report on activities of foreign governments to
disrupt activities of Hizballah; reports on membership in
Hizballah.
TITLE III--GENERAL PROVISIONS
Sec. 301. Regulatory authority.
Sec. 302. Implementation; penalties; judicial review; exemptions; rule
of construction; exception relating to importation of goods.
Sec. 303. Report consolidation and modification.
TITLE I--PREVENTION OF ACCESS BY HIZBALLAH TO INTERNATIONAL FINANCIAL
AND OTHER INSTITUTIONS
SEC. 101. MANDATORY SANCTIONS WITH RESPECT TO FUNDRAISING AND
RECRUITMENT ACTIVITIES FOR HIZBALLAH.
(a) In General.--Section 101 of the Hizballah International
Financing Prevention Act of 2015 (Public Law 114-102; 50 U.S.C. 1701
note) is amended to read as follows:
``SEC. 101. MANDATORY SANCTIONS WITH RESPECT TO FUNDRAISING AND
RECRUITMENT ACTIVITIES FOR HIZBALLAH.
``(a) In General.--The President shall, on or after the date of the
enactment of the Hizballah International Financing Prevention
Amendments Act of 2018, impose the sanctions described in subsection
(b) with respect to any foreign person that the President determines
knowingly provides significant financial, material, or technological
support for or to--
``(1) Bayt al-Mal, Jihad al-Bina, the Islamic Resistance
Support Association, the Foreign Relations Department of Hizballah,
the External Security Organization of Hizballah, or any successor
or affiliate thereof as designated by the President;
``(2) al-Manar TV, al Nour Radio, or the Lebanese Media Group,
or any successor or affiliate thereof as designated by the
President;
``(3) a foreign person determined by the President to be
engaged in fundraising or recruitment activities for Hizballah; or
``(4) a foreign person owned or controlled by a person
described in paragraph (1), (2), or (3).
``(b) Sanctions Described.--The sanctions described in this
subsection are the following:
``(1) Asset blocking.--The exercise of all powers granted to
the President by the International Emergency Economic Powers Act
(50 U.S.C. 1701 et seq.) (except that the requirements of section
202 of such Act (50 U.S.C. 1701) shall not apply) to the extent
necessary to block and prohibit all transactions in all property
and interests in property of a foreign person determined by the
President to be subject to subsection (a) 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.
``(2) Aliens ineligible for visas, admission, or parole.--
``(A) Visas, admission, or parole.--An alien who the
Secretary of State or the Secretary of Homeland Security (or
designee of one of such Secretaries) determines is subject to
subsection (a) is--
``(i) inadmissible to the United States;
``(ii) ineligible to receive a visa or other
documentation to enter the United States; and
``(iii) otherwise ineligible to be admitted or paroled
into the United States or to receive any other benefit
under the Immigration and Nationality Act (8 U.S.C. 1101 et
seq.).
``(B) Current visas revoked.--
``(i) In general.--The Secretary of State or the
Secretary of Homeland Security (or designee of one of such
Secretaries) shall revoke any visa or other entry
documentation issued to an alien who the President
determines is subject to subsection (a), regardless of when
issued.
``(ii) Effect of revocation.--A revocation under clause
(i) shall take effect immediately and shall automatically
cancel any other valid visa or entry documentation that is
in the possession of the alien.
``(c) Waiver.--
``(1) In general.--The President may, for periods not to exceed
180 days, waive the imposition of sanctions under this section if
the President certifies to the appropriate congressional committees
that such waiver is in the national security interests of the
United States.
``(2) Briefing.--Not later than 30 days after the issuance of a
waiver under paragraph (1) with respect to a foreign person, and
every 180 days thereafter while the waiver remains in effect, the
President shall brief the appropriate congressional committees on
the status of the involvement of the foreign person in activities
described in subsection (a).
``(d) Definitions.--In this section:
``(1) Admitted; alien.--The terms `admitted' and `alien' have
meanings given those terms in section 101 of the Immigration and
Nationality Act (8 U.S.C. 1101).
``(2) Appropriate congressional committees.--The term
`appropriate congressional committees' means--
``(A) the Committee on Foreign Affairs, the Committee on
Ways and Means, the Committee on the Judiciary, the Committee
on Financial Services, and the Permanent Select Committee on
Intelligence of the House of Representatives; and
``(B) the Committee on Foreign Relations, the Committee on
Finance, the Committee on Banking, Housing, and Urban Affairs,
the Committee on the Judiciary, and the Select Committee on
Intelligence of the Senate.
``(3) Entity.--The term `entity' means a partnership,
association, corporation, or other organization, group, or
subgroup.
``(4) Foreign person.--The term `foreign person' means any
person that is not a United States person.
``(5) Hizballah.--The term `Hizballah' has the meaning given
such term in section 102(e).
``(6) Person.--The term `person' means an individual or entity.
``(7) United states person.--The term `United States person'
means a United States citizen, an alien lawfully admitted for
permanent residence, an entity organized under the laws of the
United States (including foreign branches), or a person in the
United States.''.
(b) Clerical Amendment.--The table of contents for the Hizballah
International Financing Prevention Act of 2015 is amended by striking
the item relating to section 101 and inserting the following new item:
``Sec. 101. Mandatory sanctions with respect to fundraising and
recruitment activities for Hizballah.''.
SEC. 102. MODIFICATION OF REPORT WITH RESPECT TO FINANCIAL
INSTITUTIONS THAT ENGAGE IN CERTAIN TRANSACTIONS.
Section 102(d) of the Hizballah International Financing Prevention
Act of 2015 (Public Law 114-102; 50 U.S.C. 1701 note) is amended to
read as follows:
``(d) Report on Financial Institutions Organized Under the Laws of
State Sponsors of Terrorism.--
``(1) In general.--Not later than 180 days after the date of
the enactment of the Hizballah International Financing Prevention
Amendments Act of 2018, and every 2 years thereafter for a period
not to exceed 4 years, the President shall submit to the
appropriate congressional committees a report that--
``(A) identifies each foreign financial institution
described in paragraph (2) that the President determines
engages in one or more activities described in subsection
(a)(2); and
``(B) provides a detailed description of each such
activity.
``(2) Foreign financial institution described.--
``(A) In general.--A foreign financial institution
described in this paragraph is a foreign financial
institution--
``(i) that, wherever located, is--
``(I) organized under the laws of a state sponsor
of terrorism or any jurisdiction within a state sponsor
of terrorism;
``(II) owned or controlled by the government of a
state sponsor of terrorism;
``(III) located in the territory of a state sponsor
of terrorism; or
``(IV) owned or controlled by a foreign financial
institution described in subclause (I), (II), or (III);
and
``(ii) the capitalization of which exceeds $10,000,000.
``(B) State sponsor of terrorism defined.--In this
paragraph, the term `state sponsor of terrorism' means a
country the government of which the Secretary of State has
determined is a government that has repeatedly provided support
for acts of international terrorism for purposes of--
``(i) section 1754(c) of the Export Control Reform Act
of 2018;
``(ii) section 620A of the Foreign Assistance Act of
1961 (22 U.S.C. 2371);
``(iii) section 40 of the Arms Export Control Act (22
U.S.C. 2780); or
``(iv) any other provision of law.''.
SEC. 103. SANCTIONS AGAINST CERTAIN AGENCIES AND INSTRUMENTALITIES
OF FOREIGN STATES.
(a) In General.--Title I of the Hizballah International Financing
Prevention Act of 2015 (Public Law 114-102; 50 U.S.C. 1701 note) is
amended by adding at the end the following:
``SEC. 103. SANCTIONS AGAINST CERTAIN AGENCIES AND
INSTRUMENTALITIES OF FOREIGN STATES.
``(a) Sanctions.--
``(1) In general.--Not later than 180 days after the date of
the enactment of the Hizballah International Financing Prevention
Amendments Act of 2018, and as appropriate thereafter, the
President shall impose the sanctions described in paragraph (3)
with respect to an agency or instrumentality of a foreign state
described in paragraph (2).
``(2) Agency or instrumentality of a foreign state described.--
An agency or instrumentality of a foreign state is described in
this paragraph if the President determines that the agency or
instrumentality has, on or after the date of the enactment of the
Hizballah International Financing Prevention Amendments Act of
2018, knowingly--
``(A) conducted significant joint combat operations with,
or significantly supported combat operations of, Hizballah; or
``(B) provided significant financial support for or to, or
significant arms or related materiel to, Hizballah.
``(3) Sanctions described.--The sanctions described in this
paragraph are the exercise of all powers granted to the President
by the International Emergency Economic Powers Act (50 U.S.C. 1701
et seq.) (except that the requirements of section 202 of such Act
(50 U.S.C. 1701) shall not apply) to the extent necessary to block
and prohibit all transactions in all property and interests in
property of an agency or instrumentality of a foreign state 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.
``(b) Waiver.--
``(1) In general.--The President may, for periods not to exceed
180 days, waive the imposition of sanctions under this section with
respect to an agency or instrumentality of a foreign state if the
President certifies to the appropriate congressional committees
that such waiver is vital to the national security interests of the
United States.
``(2) Briefing.--Not later than 30 days after the issuance of a
waiver under paragraph (1) with respect to an agency or
instrumentality of a foreign state, and every 180 days thereafter
while the waiver remains in effect, the President shall brief the
appropriate congressional committees on the status of the
involvement of the agency or instrumentality in activities
described in subsection (a)(2).
``(c) Special Rule.--The President shall not be required to impose
sanctions under this section with respect to an agency or
instrumentality of a foreign state if the Secretary certifies in
writing to the appropriate congressional committees that--
``(1) the agency or instrumentality--
``(A) is no longer engaging in activities described in
subsection (a)(2); or
``(B) has taken and is continuing to take significant
verifiable steps toward terminating such activities; and
``(2) the President has received reliable assurances from the
government of the foreign state that the agency or instrumentality
will not engage in any activity described in subsection (a)(2) in
the future.
``(d) Definitions.--In this section:
``(1) Agency or instrumentality of a foreign state.--The term
`agency or instrumentality of a foreign state' has the meaning
given the term in section 1603(b) of title 28, United States Code.
``(2) Appropriate congressional committees.--The term
`appropriate congressional committees' means--
``(A) the Committee on Foreign Affairs, the Committee on
Financial Services, the Committee on Ways and Means, the
Committee on the Judiciary, the Committee on Appropriations,
and the Permanent Select Committee on Intelligence of the House
of Representatives; and
``(B) the Committee on Foreign Relations, the Committee on
Banking, Housing, and Urban Affairs, the Committee on the
Judiciary, Committee on Finance, Committee on Appropriations,
and the Select Committee on Intelligence of the Senate.
``(3) Arms or related materiel.--The term `arms or related
materiel' means--
``(A) nuclear, biological, chemical, or radiological
weapons or materials or components of such weapons;
``(B) ballistic or cruise missile weapons or materials or
components of such weapons; and
``(C) destabilizing numbers and types of advanced
conventional weapons.
``(4) Hizballah.--The term `Hizballah' has the meaning given
such term in section 102(e).
``(5) United states person.--The term `United States person'
has the meaning given such term in section 101(d).''.
(b) Clerical Amendment.--The table of contents for the Hizballah
International Financing Prevention Act of 2015 is amended by inserting
after the item relating to section 102 the following new item:
``Sec. 103. Sanctions against certain agencies and instrumentalities of
foreign states.''.
SEC. 104. DIPLOMATIC INITIATIVES TO PREVENT HOSTILE ACTIVITIES BY
IRAN AND DISRUPT AND DEGRADE HIZBALLAH'S ILLICIT NETWORKS.
(a) Diplomatic Engagement.--Title I of the Hizballah International
Financing Prevention Act of 2015 (Public Law 114-102; 129 Stat. 2206;
50 U.S.C. 1701 note), as amended by section 103 of this Act, is further
amended by adding at the end the following:
``SEC. 104. DIPLOMATIC INITIATIVES TO PREVENT HOSTILE ACTIVITIES BY
IRAN AND DISRUPT AND DEGRADE HIZBALLAH'S ILLICIT NETWORKS.
``Not later than 180 days after the date of the enactment of the
Hizballah International Financing Prevention Amendments Act of 2018,
the President shall instruct the Secretary of State, in consultation
with the Secretary of the Treasury, to increase cooperation with
foreign governments to assist in strengthening the capacity of such
governments to prevent hostile activity by Iran and disrupt and degrade
Hizballah's illicit activities, including diplomatic engagement that
involves--
``(1) efforts to target and expose illicit finance networks,
arrest perpetrators, freeze assets, and address Iran and
Hizballah's use of illicit financial networks using international
trade and banking systems;
``(2) efforts to assist willing governments with the
development of counter-organized crime legislation, the
strengthening of financial investigative capacity, and a fully-
vetted counter-organized crime judicial model in jurisdictions
plagued with corruption; and
``(3) efforts to persuade governments to list Hizballah as a
terrorist organization.''.
(b) Clerical Amendment.--The table of contents for the Hizballah
International Financing Prevention Act of 2015 is amended by inserting
after the item related to section 103, as added by section 103(b) of
this Act, the following new item:
``Sec. 104. Diplomatic initiatives to prevent hostile activities by Iran
and disrupt and degrade Hizballah's illicit networks.''.
TITLE II--NARCOTICS TRAFFICKING AND TRANSNATIONAL CRIMINAL ACTIVITIES
OF HIZBALLAH
SEC. 201. IMPOSITION OF SANCTIONS WITH RESPECT TO AFFILIATED
NETWORKS OF HIZBALLAH FOR TRANSNATIONAL CRIMINAL ACTIVITIES.
(a) Statement of Policy.--It is the policy of the United States to
determine if individuals and entities that are designated by the United
States Government on or after the date of the enactment of this Act as
being associated with Hizballah are engaged in transnational organized
crime or related activities on or after such date of enactment.
(b) In General.--Section 201 of the Hizballah International
Financing Prevention Act of 2015 (Public Law 114-102; 50 U.S.C. 1701
note) is amended to read as follows:
``SEC. 201. IMPOSITION OF SANCTIONS WITH RESPECT TO AFFILIATED
NETWORKS OF HIZBALLAH FOR TRANSNATIONAL CRIMINAL ACTIVITIES.
``(a) In General.--The President shall, on or after the date of the
enactment of the Hizballah International Financing Prevention
Amendments Act of 2018, impose the sanctions described in subsection
(b) with respect to affiliated networks of Hizballah, including, as
appropriate, by reason of significant transnational criminal activities
engaged in by such networks.
``(b) Sanctions Described.--The sanctions described in this
subsection are sanctions applicable with respect to Hizballah pursuant
to any provision of law, including Executive Order 13581 (50 U.S.C.
1701 note; relating to blocking property of transnational criminal
organizations) (as such Executive Order was in effect on the day before
the date of the enactment of the Hizballah International Financing
Prevention Amendments Act of 2018).
``(c) Waiver.--The President may, for periods not to exceed 180
days, waive the imposition of sanctions under this section if the
President certifies to the appropriate congressional committees that
such waiver is in the national security interests of the United States.
``(d) Definitions.--In this section:
``(1) Appropriate congressional committees.--The term
`appropriate congressional committees' means--
``(A) the Committee on Foreign Affairs, the Committee on
Ways and Means, the Committee on Appropriations, the Committee
on Financial Services, and the Permanent Select Committee on
Intelligence of the House of Representatives; and
``(B) the Committee on Foreign Relations, the Committee on
Banking, Housing, and Urban Affairs, the Committee on
Appropriations, and the Select Committee on Intelligence of the
Senate.
``(2) Hizballah.--The term `Hizballah' has the meaning given
such term in section 102(e).''.
(c) Conforming Amendment.--The title heading for title II of the
Hizballah International Financing Prevention Act of 2015 is amended to
read as follows:
``TITLE II--SANCTIONS AND REPORTS RELATING TO NARCOTICS TRAFFICKING AND
SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH''.
(d) Clerical Amendments.--The table of contents for the Hizballah
International Financing Prevention Act of 2015 is amended--
(1) by striking the item relating to title II and inserting the
following:
``TITLE II--SANCTIONS AND REPORTS RELATING TO NARCOTICS TRAFFICKING AND
SIGNIFICANT TRANSNATIONAL CRIMINAL ACTIVITIES OF HIZBALLAH''; and
(2) by striking the item relating to section 201 and inserting
the following:
``Sec. 201. Imposition of sanctions with respect to affiliated networks
of Hizballah for transnational criminal activities.''.
SEC. 202. REPORT ON RACKETEERING ACTIVITIES ENGAGED IN BY
HIZBALLAH.
(a) In General.--Section 202 of the Hizballah International
Financing Prevention Act of 2015 (Public Law 114-102; 50 U.S.C. 1701
note) is amended to read as follows:
``SEC. 202. REPORT ON RACKETEERING ACTIVITIES ENGAGED IN BY
HIZBALLAH.
``(a) In General.--Not later than 180 days after the date of the
enactment of the Hizballah International Financing Prevention
Amendments Act of 2018, the President shall submit to the appropriate
congressional committees a report on information regarding activities
that Hizballah, and agents and affiliates of Hizballah, have engaged in
that are racketeering activities, including any patterns regarding such
racketeering activities.
``(b) Form of Report.--Each report required under subsection (a)
shall be submitted in an unclassified form but may contain a classified
annex.
``(c) Definitions.--In this section:
``(1) Appropriate congressional committees.--The term
`appropriate congressional committees' means--
``(A) the Committee on the Judiciary, the Committee on
Foreign Affairs, the Committee on Financial Services, and the
Committee on Appropriations of the House of Representatives;
and
``(B) the Committee on the Judiciary, the Committee on
Foreign Relations, the Committee on Banking, Housing, and Urban
Affairs, and the Committee on Appropriations of the Senate.
``(2) Hizballah.--The term `Hizballah' has the meaning given
such term in section 102(e).
``(3) Racketeering activity.--The term `racketeering activity'
means any activity that would be considered a racketeering activity
(as defined in section 1961(1) of title 18, United States Code) if
the activity were engaged in the United States or by a United
States person.
``(4) United states person.--The term `United States person'
has the meaning given such term in section 101(d).''.
(b) Clerical Amendment.--The table of contents for the Hizballah
International Financing Prevention Act of 2015 is amended by striking
the item relating to section 202 and inserting the following:
``Sec. 202. Report on racketeering activities engaged in by
Hizballah.''.
SEC. 203. MODIFICATION OF REPORT ON ACTIVITIES OF FOREIGN
GOVERNMENTS TO DISRUPT ACTIVITIES OF HIZBALLAH; REPORTS ON
MEMBERSHIP IN HIZBALLAH.
(a) In General.--Section 204 of the Hizballah International
Financing Prevention Act of 2015 (Public Law 114-102; 50 U.S.C. 1701
note) is amended--
(1) in subsection (a)(1)--
(A) in the matter preceding subparagraph (A), by striking
``this Act'' and inserting ``the Hizballah International
Financing Prevention Amendments Act of 2018, and once every 2
years thereafter for the following 4 years'';
(B) in subparagraph (D)(ii)(II), by striking ``and'' at the
end;
(C) in subparagraph (E), by striking ``and free-trade
zones.'' and inserting ``free-trade zones, business
partnerships and joint ventures, and other investments in small
and medium-sized enterprises;''; and
(D) by adding at the end the following:
``(F) a list of jurisdictions outside of Lebanon that
expressly consent to, or with knowledge allow, the use of their
territory by Hizballah to carry out terrorist activities,
including training, financing, and recruitment;
``(G) a description of the total aggregate revenues and
remittances that Hizballah receives from the global logistics
networks of Hizballah;
``(H) a list of Hizballah's sources of revenue, including
sources of revenue based on illicit activity, revenues from
Iran, charities, and other business activities;
``(I) a list of Hizballah's expenditures, including
expenditures for ongoing military operations, social networks,
and external operations;
``(J) a description of steps to be taken by Federal
agencies to combat the illicit tobacco trafficking networks
used by Hizballah;
``(K) an assessment of Hizballah's financial operations in
areas under its operational or political control in Lebanon and
Syria and available measures to target Hizballah's financial
operations in those areas;
``(L) a review of Hizballah's international operational
capabilities, including in the United States;
``(M) a review of--
``(i) the total number and value of Hizballah-related
assets seized and forfeited; and
``(ii) the total number of indictments, prosecutions,
and extraditions of Hizballah members or affiliates; and
``(N) a review of efforts by the United States to prevent
hostile activities by Iran and disrupt and degrade Hizballah's
illicit networks in the Western Hemisphere, including
interagency coordination to ensure that information-sharing,
interdictions, arrests, investigations, indictments, sanctions,
and designations related to Hizballah individuals or networks
in the Western Hemisphere are integrated, coordinated, and
publicly communicated by the United States in a manner that
supports United States interests.'';
(2) by redesignating subsections (b) and (c) as subsections (c)
and (d), respectively;
(3) by inserting after subsection (a) the following:
``(b) Enhanced Due Diligence.--
``(1) In general.--The President is authorized to require each
financial institution in the United States that knowingly maintains
a correspondent account or a payable-through account in the United
States for a foreign financial institution described in paragraph
(2) to establish enhanced due diligence policies, procedures, and
controls in accordance with section 5318(i)(2)(B) of title 31,
United States Code, and regulations to implement such section with
respect to such accounts.
``(2) Foreign financial institution described.--A foreign
financial institution described in this paragraph is a foreign
financial institution that the President determines provides
significant financial services to persons operating in a
jurisdiction identified in unclassified form in the list required
under subsection (a)(1)(F).
``(3) Definitions.--In this subsection, the terms
`correspondent account' and `payable-through account' have the
meanings given those terms in section 5318A of title 31, United
States Code.''; and
(4) in subsection (c), as redesignated by paragraph (2)--
(A) by striking ``this Act, and every 180 days
thereafter,'' and inserting ``the Hizballah International
Financing Prevention Amendments Act of 2018, and every 180 days
thereafter for the following 4 years,''; and
(B) by adding before the period at the end the following:
``and on any requirements for enhanced due diligence prescribed
under subsection (b)''.
(b) Report on Estimated Net Worth of Senior Hizballah Members.--
(1) In general.--Not later than 180 days after the date of the
enactment of this Act, the President shall submit to the
appropriate congressional committees a report that contains--
(A) the estimated total net worth of each individual
described in paragraph (2); and
(B) to the extent feasible, a description of how funds of
each individual described in paragraph (2) were acquired, and
how such funds have been used or employed.
(2) Individuals described.--The individuals described in this
paragraph are the following:
(A) The Secretary General of Hizballah.
(B) Members of Hizballah's senior leadership or senior
associates of Hizballah that the President determines
materially assist or support Hizballah.
(C) Any other individual that the President determines is a
senior foreign political figure of Hizballah.
(3) Form of report; public availability.--
(A) Form.--The report required under paragraph (1) shall be
submitted in unclassified form but may contain a classified
annex.
(B) Public availability.--The unclassified portion of the
report required under paragraph (1) shall be made available to
the public in precompressed, easily downloadable versions that
are made available in all appropriate formats.
(4) Definitions.--In this subsection:
(A) Appropriate congressional committees.--The term
``appropriate congressional committees'' means--
(i) the Committee on Foreign Affairs, the Committee on
Financial Services, and the Permanent Select Committee on
Intelligence of the House of Representatives; and
(ii) the Committee on Foreign Relations, the Committee
on Banking, Housing, and Urban Affairs, and the Select
Committee on Intelligence of the Senate.
(B) Funds.--The term ``funds'' means--
(i) cash;
(ii) equity;
(iii) any other intangible asset the value of which is
derived from a contractual claim, including bank deposits,
bonds, stocks, a security (as defined in section 2(a) of
the Securities Act of 1933 (15 U.S.C. 77b(a))), or a
security or an equity security (as those terms are defined
in section 3(a) of the Securities Exchange Act of 1934 (15
U.S.C. 78c(a))); and
(iv) anything else of value that the Secretary of the
Treasury determines to be appropriate.
(C) Senior foreign political figure.--The term ``senior
foreign political figure'' has the meaning given that term in
section 1010.605 of title 31, Code of Federal Regulations (or
any successor regulation).
(c) Report on Individuals Who Are Members of the Lebanese
Parliament and Who Identify as Members of Hizballah.--
(1) In general.--Not later than 180 days after the date of the
enactment of this Act, the President shall transmit to the
appropriate congressional committees a report that contains the
following:
(A) A list of individuals who are members of the Lebanese
Parliament and who identify as members of Hizballah.
(B) A description of any significant conduct of individuals
on the list required under subparagraph (A) that the President
determines may be grounds for designation pursuant to Executive
Order 13224 (50 U.S.C. 1701 note; relating to blocking property
and prohibiting transactions with persons who commit, threaten
to commit, or support terrorism).
(2) Form.--The report required under paragraph (1) shall be
transmitted in unclassified form, but may include a classified
annex.
(3) Appropriate congressional committees defined.--In this
subsection, the term ``appropriate congressional committees''
means--
(A) the Committee on Foreign Affairs, the Committee on
Financial Services, and the Permanent Select Committee on
Intelligence of the House of Representatives; and
(B) the Committee on Foreign Relations, the Committee on
Banking, Housing, and Urban Affairs, and the Select Committee
on Intelligence of the Senate.
TITLE III--GENERAL PROVISIONS
SEC. 301. REGULATORY AUTHORITY.
(a) In General.--The President shall, not later than 180 days after
the date of the enactment of this Act, prescribe regulations as
necessary for the implementation of this Act and the amendments made by
this Act.
(b) Notification to Congress.--Not later than 10 days before the
prescription of regulations under subsection (a), the President shall
notify the appropriate congressional committees regarding the proposed
regulations and the provisions of this Act and the amendments made by
this Act that the regulations are implementing.
(c) Appropriate Congressional Committees Defined.--In this section,
the term ``appropriate congressional committees'' means--
(1) the Committee on Foreign Affairs and the Committee on
Financial Services of the House of Representatives; and
(2) the Committee on Foreign Relations and the Committee on
Banking, Housing, and Urban Affairs of the Senate.
SEC. 302. IMPLEMENTATION; PENALTIES; JUDICIAL REVIEW; EXEMPTIONS;
RULE OF CONSTRUCTION; EXCEPTION RELATING TO IMPORTATION OF GOODS.
(a) In General.--Title I of the Hizballah International Financing
Prevention Act of 2015 (Public Law 114-102; 50 U.S.C. 1701 note), as
amended by sections 103 and 104 of this Act, is further amended by
adding at the end the following:
``SEC. 105. IMPLEMENTATION; PENALTIES; JUDICIAL REVIEW; EXEMPTIONS;
RULE OF CONSTRUCTION.
``(a) Implementation.--The President may exercise all authorities
provided under sections 203 and 205 of the International Emergency
Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out sections
101, 102, 103, and 201 of this Act.
``(b) Penalties.--The penalties provided for in subsections (b) and
(c) of section 206 of the International Emergency Economic Powers Act
(50 U.S.C. 1705) shall apply to a person that violates, attempts to
violate, conspires to violate, or causes a violation of regulations
prescribed to carry out section 101, 102, 103, or 201 of this Act to
the same extent that such penalties apply to a person that commits an
unlawful act described in subsection (a) of such section 206.
``(c) Procedures for Judicial Review of Classified Information.--
``(1) In general.--If a finding under section 101, 102, 103, or
201 of this Act, or a prohibition, condition, or penalty imposed as
a result of any such finding, is based on classified information
(as defined in section 1(a) of the Classified Information
Procedures Act (18 U.S.C. App.)) and a court reviews the finding or
the imposition of the prohibition, condition, or penalty, the
President may submit such information to the court ex parte and in
camera.
``(2) Rule of construction.--Nothing in this subsection shall
be construed to confer or imply any right to judicial review of any
finding under section 101, 102, 103, or 201 of this Act, or any
prohibition, condition, or penalty imposed as a result of any such
finding.
``(d) Exemptions.--The following activities shall be exempt from
sections 101, 102, 103, and 201 of this Act:
``(1) Any authorized intelligence, law enforcement, or national
security activities of the United States.
``(2) Any transaction necessary to comply with United States
obligations under the Agreement between the United Nations and the
United States of America regarding the Headquarters of the United
States, signed at Lake Success June 26, 1947, and entered into
force November 21, 1947, or the Convention on Consular Relations,
done at Vienna April 24, 1963, and entered into force March 19,
1967, or any other United States international agreement.
``(e) Rule of Construction.--Nothing in section 101, 102, 103, or
201 of this Act shall be construed to limit the authority of the
President under the International Emergency Economic Powers Act (50
U.S.C. 1701 et seq.) or under any other provision of law.
``(f) Exception Relating to Importation of Goods.--
``(1) In general.--The authorities and requirements to impose
sanctions under this Act shall not include the authority or
requirement to impose sanctions on the importation of goods.
``(2) Definition.--In this subsection, the term `good' means
any article, natural or manmade substance, material, supply or
manufactured product, including inspection and test equipment, and
excluding technical data.''.
(b) Clerical Amendment.--The table of contents for the Hizballah
International Financing Prevention Act of 2015, as amended by this Act,
is further amended by inserting after the item relating to section 104,
as added by section 104(b) of this Act, the following new item:
``Sec. 105. Implementation; penalties; judicial review; exemptions; rule
of construction.''.
(c) Conforming Amendments.--Section 102 of the Hizballah
International Financing Prevention Act of 2015 (Public Law 114-102; 50
U.S.C. 1701 note) is amended--
(1) in subsection (a), by striking paragraphs (3) and (4);
(2) by striking subsection (e); and
(3) by redesignating subsection (f) as subsection (e).
SEC. 303. REPORT CONSOLIDATION AND MODIFICATION.
(a) In General.--Any and all reports required to be submitted to
Congress under this Act or the Hizballah International Financing
Prevention Act of 2015 (Public Law 114-102; 50 U.S.C. 1701 note) that
are subject to a deadline for submission consisting of the same unit of
time may be consolidated into a single report that is submitted to
Congress pursuant to such deadline.
(b) Matters to Be Included.--Any report that is consolidated into a
single report as described in subsection (a) shall contain all
information required under this Act or the Hizballah International
Financing Prevention Act of 2015 in addition to all other elements
required by previous law.
(c) Reports Modification.--The North Korea Sanctions and Policy
Enhancement Act of 2016 is amended as follows:
(1) In section 209(a)(3)(A) (22 U.S.C. 9229(a)(3)(A)), by
striking ``not later than 90 days after the date of the enactment
of this Act, and every 180 days thereafter'' and inserting ``not
later than 90 days after the date of the enactment of the Hizballah
International Financing Prevention Amendments Act of 2018, and
every 180 days thereafter for 5 years''.
(2) In section 302(a) (22 U.S.C. 9241(a)), by striking ``Not
later than 180 days after the date of the enactment of this Act''
and inserting ``Not later than 120 days after the date of the
enactment of the Hizballah International Financing Prevention
Amendments Act of 2018, and periodically thereafter''.
Speaker of the House of Representatives.
Vice President of the United States and
President of the Senate.