[Congressional Record Volume 158, Number 160 (Wednesday, December 12, 2012)]
[Senate]
[Pages S7982-S7988]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           TEXT OF AMENDMENTS

  SA 3329. Mr. MANCHIN (for himself and Mr. Moran) submitted an 
amendment intended to be proposed by him to the bill S. 3637, to 
temporarily extend the transaction account guarantee program, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the end, add the following:

     SEC. __. ADDITIONAL FEES TO ADDRESS DEPLETION OF INSURANCE 
                   FUNDS.

       If the amendments made by this Act would result in the 
     inability of the Deposit Insurance Fund of the Federal 
     Deposit Insurance Corporation (in this section referred to as 
     the ``Corporation'') or the Share Insurance Fund of the 
     National Credit Union Administration (in this section 
     referred to as the ``Administration'') to fully cover insured 
     losses, the Corporation and the Administration shall impose 
     additional fees on insured depository institutions and 
     insured credit

[[Page S7983]]

     unions, respectively, in the same proportion as fees are 
     imposed under section 7 of the Federal Deposit Insurance Act 
     (12 U.S.C. 1817) and section 105 of the Federal Credit Union 
     Act (12 U.S.C. 1755), respectively.
                                 ______
                                 
  SA 3330. Mrs. HAGAN (for herself and Mr. Crapo) submitted an 
amendment intended to be proposed by her to the bill S. 3637, to 
temporarily extend the transaction account guarantee program, and for 
other purposes; which was ordered to lie on the table; as follows:

       At the end, add the following:

     SEC. __. LIMITATION ON RULES REGARDING CREDIT RISK RETENTION.

       Rules jointly issued in final form under section 15G(b) of 
     the Securities Exchange Act of 1934 (15 U.S.C. 78o-11(b)) may 
     not include a premium capture cash reserve account (or any 
     similar instrument).
                                 ______
                                 
  SA 3331. Mr. BINGAMAN submitted an amendment intended to be proposed 
by him to the bill S. 343, to amend Title I of PL 99-658 regarding the 
Compact of Free Association between the Government of the United States 
of America and the Government of Palau, to approve the results of the 
15-year review of the Compact, including the Agreement Between the 
Government of the United States of America and the Government of the 
Republic of Palau Following the Compact of Free Association Section 432 
Review, and to appropriate funds for the purposes of the amended PL 99-
658 for fiscal years ending on or before September 30, 2024, to carry 
out the agreements resulting from that review; which was ordered to lie 
on the table; as follows:

       Strike all after the enacting clause and insert the 
     following:

     SEC. 1. APPROVAL OF THE AGREEMENT BETWEEN THE UNITED STATES 
                   AND THE REPUBLIC OF PALAU.

       (a) Definitions.--In this section:
       (1) Agreement.--The term ``Agreement'' means the Agreement 
     and appendices signed by the United States and the Republic 
     of Palau on September 3, 2010.
       (2) Compact of free association.--The term ``Compact of 
     Free Association'' means the Compact of Free Association 
     between the Government of the United States of America and 
     the Government of Palau (48 U.S.C. 1931 note; Public Law 99-
     658).
       (b) Results of Compact Review.--
       (1) In general.--Title I of Public Law 99-658 (48 U.S.C. 
     1931 et seq.) is amended by adding at the end the following:

     ``SEC. 105. RESULTS OF COMPACT REVIEW.

       ``(a) In General.--The Agreement and appendices signed by 
     the United States and the Republic of Palau on September 3, 
     2010 (referred to in this section as the `Agreement'), in 
     connection with section 432 of the Compact of Free 
     Association between the Government of the United States of 
     America and the Government of Palau (48 U.S.C. 1931 note; 
     Public Law 99-658) (referred to in this section as the 
     `Compact of Free Association'), are approved--
       ``(1) except for the extension of Article X of the 
     Agreement Regarding Federal Programs and Services, and 
     Concluded Pursuant to Article II of Title Two and Section 232 
     of the Compact of Free Association; and
       ``(2) subject to the provisions of this section.
       ``(b) Withholding of Funds.--
       ``(1) In general.--If the Agreement becomes effective prior 
     to fiscal year 2014, and if during fiscal years 2010 through 
     2013, the Republic of Palau withdraws an amount greater than 
     $30,000,000 from the trust fund established under section 
     211(f) of the Compact of Free Association, amounts payable 
     under sections 1, 2(a), 3, and 4(a) of the Agreement shall be 
     withheld from the Republic of Palau until the date on which 
     the Republic of Palau reimburses the trust fund for the 
     amount withdrawn that exceeds $30,000,000.
       ``(2) Withdrawal.--The Republic of Palau may withdraw 
     $15,000,000 in fiscal year 2013, if the Republic of Palau 
     uses $10,000,000 of the amount withdrawn in accordance with 
     section 3 of the Agreement.
       ``(c) Funding for Certain Provisions Under Section 105 of 
     Compact of Free Association.--On the date of enactment of 
     this section, out of any funds in the Treasury not otherwise 
     appropriated, the Secretary of the Treasury shall transfer to 
     the Secretary of the Interior such sums as are necessary for 
     the Secretary of the Interior to implement sections 1, 2(a), 
     3, 4(a), and 5 of the Agreement, which sums shall remain 
     available until expended without any further appropriation.
       ``(d) Authorizations of Appropriations.--There are 
     authorized to be appropriated--
       ``(1) to the Secretary of the Interior to subsidize postal 
     services provided by the United States Postal Service to the 
     Republic of Palau, the Republic of the Marshall Islands, and 
     the Federated States of Micronesia $1,500,000 for each of 
     fiscal years 2014 through 2024, to remain available until 
     expended; and
       ``(2) to the head of each Federal entity described in 
     paragraphs (1), (3), and (4) of section 221(a) of the Compact 
     of Free Association (including the successor of each Federal 
     entity) to carry out the responsibilities of the Federal 
     entity under section 221(a) of the Compact of Free 
     Association such sums as are necessary, to remain available 
     until expended.''.
       (2) Offset.--Section 3 of the Act of June 30, 1954 (68 
     Stat. 330, 82 Stat. 1213, chapter 423), is repealed.
       (c) Payment Schedule; Withholding of Funds; Funding.--
       (1) United states contribution to the trust fund.--Section 
     1 of the Agreement shall be construed as though the section 
     reads as follows:

     ``SEC. 1. COMPACT SECTION 211(F) FUND.

       ``The Government of the United States shall contribute 
     $40,250,000 to the Fund referred to in section 211(f) of the 
     Compact of Free Association in accordance with the following 
     schedule: $16,000,000 in fiscal year 2014; $8,000,000 in 
     fiscal year 2015; $3,000,000 in each of fiscal years 2016 and 
     2017; $2,000,000 in each of fiscal years 2018 through 2022; 
     and $250,000 for fiscal year 2023.''.
       (2) Infrastructure maintenance fund.--Subsection (a) of 
     section 2 of the Agreement shall be construed as though the 
     subsection reads as follows:
       ``(a) The Government of the United States shall provide a 
     grant of $6,912,000 for fiscal year 2014 and a grant of 
     $2,000,000 annually from the beginning of fiscal year 2015 
     through fiscal year 2024 to create a trust fund (the 
     `Infrastructure Maintenance Fund') to be used for the routine 
     and periodic maintenance of major capital improvement 
     projects financed by funds provided by the United States. The 
     Government of the Republic of Palau will match the 
     contributions made by the United States by making 
     contributions of $150,000 to the Infrastructure Maintenance 
     Fund on a quarterly basis from the beginning of fiscal year 
     2014 through fiscal year 2024. Implementation of this 
     subsection shall be carried out in accordance with the 
     provisions of Appendix A to this Agreement.''.
       (3) Fiscal consolidation fund.--Section 3 of the Agreement 
     shall be construed as though the section reads as follows:

     ``SEC. 3. FISCAL CONSOLIDATION FUND.

       ``The Government of Palau shall withdraw $10,000,000 from 
     the Fund referred to in section 211(f) of the Compact of Free 
     Association in fiscal year 2013 for deposit in an interest 
     bearing account to be used to reduce government payment 
     arrears of Palau. Implementation of this section shall be 
     carried out in accordance with the provisions of Appendix B 
     to this Agreement.''.
       (4) Direct economic assistance.--Subsections (a) and (b) of 
     section 4 of the Agreement shall be construed as though the 
     subsections read as follows:
       ``(a) In addition to the economic assistance of $13,147,000 
     provided to the Government of Palau by the Government of the 
     United States in each of fiscal years 2010 through 2013, and 
     unless otherwise specified in this Agreement or in an 
     Appendix to this Agreement, the Government of the United 
     States shall provide the Government of Palau $69,250,000 in 
     economic assistance as follows: $12,000,000 in fiscal year 
     2014; $11,500,000 in fiscal year 2015; $10,000,000 in fiscal 
     year 2016; $8,500,000 in fiscal year 2017; $7,250,000 in 
     fiscal year 2018; $6,000,000 in fiscal year 2019; $5,000,000 
     in fiscal year 2020; $4,000,000 in fiscal year 2021; 
     $3,000,000 in fiscal year 2022; and $2,000,000 in fiscal year 
     2023. The funds provided in any fiscal year under this 
     subsection for economic assistance shall be provided in 4 
     quarterly payments (30 percent in the first quarter, 30 
     percent in the second quarter, 20 percent in the third 
     quarter, and 20 percent in the fourth quarter) unless 
     otherwise specified in this Agreement or in an Appendix to 
     this Agreement.
       ``(b) Notwithstanding the provisions of Compact section 
     211(f) and the Agreement Between the Government of the United 
     States and the Government of Palau Regarding Economic 
     Assistance Concluded Pursuant to Section 211(f) of the 
     Compact of Free Association, if prior to fiscal year 2013 the 
     Government of Palau did not exceed a $5,000,000 distribution 
     from the Section 211(f) Fund and, with respect to fiscal 
     years 2014 through fiscal year 2023 and except as otherwise 
     agreed by the Government of the United States and the 
     Government of Palau, the Government of Palau agrees not to 
     exceed the following distributions from the Section 211(f) 
     Fund: $5,000,000 in fiscal year 2012; $15,000,000 in fiscal 
     year 2013 ($10,000,000 of which shall be used in accordance 
     with section 3); $5,250,000 in fiscal year 2014; $5,500,000 
     in fiscal year 2015; $6,750,000 in fiscal year 2016; 
     $8,000,000 in fiscal year 2017; $9,000,000 in fiscal year 
     2018; $10,000,000 in fiscal year 2019; $10,500,000 in fiscal 
     year 2020; $11,000,000 in fiscal year 2021; $12,000,000 in 
     fiscal year 2022; and $13,000,000 in fiscal year 2023.''.
       (5) Infrastructure projects.--Section 5 of the Agreement 
     shall be construed as though the section reads as follows:

     ``SEC. 5. INFRASTRUCTURE PROJECTS.

       ``The Government of the United States shall provide grants 
     totaling $40,000,000 to the Government of Palau as follows: 
     $30,000,000 in fiscal year 2014; and $5,000,000 annually in 
     fiscal years 2015 and 2016; towards 1 or more mutually agreed 
     infrastructure projects in accordance with the provisions of 
     Appendix C to this Agreement.''.
       (d) Continuing Programs and Laws.--Section 105(f)(1)(B)(ix) 
     of the Compact of Free Association Amendments Act of 2003 (48 
     U.S.C. 192ld(f)(1)(B)(ix)) is amended by striking ``2009'' 
     and inserting ``2024''.
       (e) Passport Requirement.--Section 141 of Article IV of 
     Title One of the Compact of Free Association shall be 
     construed and applied as if it read as follows:

[[Page S7984]]

     ``SEC. 141. PASSPORT REQUIREMENT.

       ``(a) Any person in the following categories may be 
     admitted to, lawfully engage in occupations, and establish 
     residence as a nonimmigrant in the United States and its 
     territories and possessions without regard to paragraphs (5) 
     or (7)(B)(i)(II) of section 212(a) of the Immigration and 
     Nationality Act (8 U.S.C. 1182(a)(5) or (a)(7)(B)(i)(II)), 
     provided that the passport presented to satisfy section 
     212(a)(7)(B)(i)(I) of such Act is a valid unexpired machine-
     readable passport that satisfies the internationally accepted 
     standard for machine readability--
       ``(1) a person who, on September 30, 1994, was a citizen of 
     the Trust Territory of the Pacific Islands, as defined in 
     title 53 of the Trust Territory Code in force on January 1, 
     1979, and has become and remains a citizen of Palau;
       ``(2) a person who acquires the citizenship of Palau, at 
     birth, on or after the effective date of the Constitution of 
     Palau; or
       ``(3) a naturalized citizen of Palau, who has been an 
     actual resident of Palau for not less than five years after 
     attaining such naturalization and who holds a certificate of 
     actual residence.
       ``(b) Such persons shall be considered to have the 
     permission of the Secretary of Homeland Security of the 
     United States to accept employment in the United States.
       ``(c) The right of such persons to establish habitual 
     residence in a territory or possession of the United States 
     may, however, be subjected to non-discriminatory limitations 
     provided for--
       ``(1) in statutes or regulations of the United States; or
       ``(2) in those statutes or regulations of the territory or 
     possession concerned which are authorized by the laws of the 
     United States.
       ``(d) Section 141(a) does not confer on a citizen of Palau 
     the right to establish the residence necessary for 
     naturalization under the Immigration and Nationality Act, or 
     to petition for benefits for alien relatives under that Act. 
     Section 141(a), however, shall not prevent a citizen of Palau 
     from otherwise acquiring such rights or lawful permanent 
     resident alien status in the United States.''.
                                 ______
                                 
  SA 3332. Mr. DURBIN proposed an amendment to the bill H.R. 4310, to 
authorize appropriations for fiscal year 2013 for military activities 
of the Department of Defense, for military construction, and for 
defense activities of the Department of Energy, to prescribe military 
personnel strengths for such fiscal year, and for other purposes; as 
follows:

       On page 728, of the Sente amendment to H.R. 4310, strike 
     line 4 through page 730, line 18 and insert the following:

     SEC. 12_. IMPOSITION OF SANCTIONS WITH RESPECT TO SUPPORT FOR 
                   THE REBEL GROUP KNOWN AS M23.

       (a) Blocking of Assets.--
       (1) In general.--The Secretary of the Treasury shall, 
     pursuant to the International Emergency Economic Powers Act 
     (50 U.S.C. 1701 et seq.) or Executive Order 13413 (74 Fed. 
     Reg. 64105; relating to blocking property of certain persons 
     contributing to the conflict in the Democratic Republic of 
     the Congo), block and prohibit all transactions in all 
     property and interests in property of a person described in 
     subsection (c) 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) Exception.--The authority to block and prohibit all 
     transactions in all property and interests in property under 
     paragraph (1) does not include the authority to impose 
     sanctions on the importation of property.
       (b) Visa Ban.--The Secretary of State shall deny a visa to, 
     and the Secretary of Homeland Security shall exclude from the 
     United States, any alien who is a person described in 
     subsection (c).
       (c) Persons Described.--A person described in this 
     subsection is a person that the President determines 
     provides, on or after the date of the enactment of this Act, 
     significant financial, material, or technological support to 
     M23.
       (d) Waiver.--The President may waive the application of 
     this section with respect to a person if the President 
     determines and reports to the appropriate congressional 
     committees that the waiver is in the national interest of the 
     United States.
       (e) Termination of Sanctions.--Sanctions imposed under this 
     section may terminate 15 days after the date on which the 
     President determines and reports to the appropriate 
     congressional committees that the person covered by such 
     determination has terminated the provision of significant 
     financial, material, and technological support to M23.
       (f) Termination of Section.--This section shall terminate 
     on the date that is 15 days after the date on which the 
     President determines and reports to the appropriate 
     congressional committees that M23 is no longer a significant 
     threat to peace and security in the Democratic Republic of 
     the Congo.
       (g) Definitions.--In this section:
       (1) Appropriate congressional committees.--The term 
     ``appropriate congressional committees'' means--
       (A) the Committee on Banking, Housing, and Urban Affairs, 
     the Committee on Armed Services, and the Committee on Foreign 
     Relations of the Senate; and
       (B) the Committee on Financial Services, the Committee on 
     Armed Services, and the Committee on Foreign Affairs of the 
     House of Representatives.
       (2) M23.--The term ``M23'' refers to the rebel group known 
     as M23 operating in the Democratic Republic of the Congo that 
     derives its name from the March 23, 2009, agreement between 
     the Government of the Democratic Republic of the Congo and 
     the National Congress for the Defense of the People (or any 
     successor group).
       (3) United states person.--The term ``United States 
     person'' means--
       (A) an individual who is a United States citizen or an 
     alien lawfully admitted for permanent residence to the United 
     States; or
       (B) an entity organized under the laws of the United States 
     or of any jurisdiction within the United States.
                                 ______
                                 
  SA 3333. Mr. MENENDEZ proposed an amendment to the bill H.R. 4310, to 
authorize appropriations for fiscal year 2013 for military activities 
of the Department of Defense, for military construction, and for 
defense activities of the Department of Energy, to prescribe military 
personnel strengths for such fiscal year, and for other purposes; as 
follows:

                           Amendment No. 3333

       On page 757 of the Senate amendment to H.R. 4310, strike 
     line 1 through page 789, line 20 and insert the following:

                       Subtitle E--Iran Sanctions

     SEC. 1261. SHORT TITLE.

       This subtitle may be cited as the ``Iran Freedom and 
     Counter-Proliferation Act of 2012''.

     SEC. 1262. DEFINITIONS.

       (a) In General.--In this subtitle:
       (1) Agricultural commodity.--The term ``agricultural 
     commodity'' has the meaning given that term in section 102 of 
     the Agricultural Trade Act of 1978 (7 U.S.C. 5602).
       (2) Appropriate congressional committees.--The term 
     ``appropriate congressional committees'' 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).
       (3) Coal.--The term ``coal'' means metallurgical coal, 
     coking coal, or fuel coke.
       (4) Correspondent account; payable-through account.--The 
     terms ``correspondent account'' and ``payable-through 
     account'' have the meanings given those terms in section 
     5318A of title 31, United States Code.
       (5) Foreign financial institution.--The term ``foreign 
     financial institution'' has the meaning of that term as 
     determined by the Secretary of the Treasury pursuant to 
     section 104(i) of the Comprehensive Iran Sanctions, 
     Accountability, and Divestment Act of 2010 (22 U.S.C. 
     8513(i)).
       (6) Iranian financial institution.--The term ``Iranian 
     financial institution'' has the meaning given that term in 
     section 104A(d) of the Comprehensive Iran Sanctions, 
     Accountability, and Divestment Act of 2010 (22 U.S.C. 
     8513b(d)).
       (7) Iranian person.--The term ``Iranian person'' means--
       (A) an individual who is a citizen or national of Iran; and
       (B) an entity organized under the laws of Iran or otherwise 
     subject to the jurisdiction of the Government of Iran.
       (8) Knowingly.--The term ``knowingly'', with respect to 
     conduct, a circumstance, or a result, means that a person has 
     actual knowledge, or should have known, of the conduct, the 
     circumstance, or the result.
       (9) Medical device.--The term ``medical device'' has the 
     meaning given the term ``device'' in section 201 of the 
     Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321).
       (10) Medicine.--The term ``medicine'' has the meaning given 
     the term ``drug'' in section 201 of the Federal Food, Drug, 
     and Cosmetic Act (21 U.S.C. 321).
       (11) Shipping.--The term ``shipping'' refers to the 
     transportation of goods by a vessel and related activities.
       (12) United states person.--The term ``United States 
     person'' has the meaning given that term in section 101 of 
     the Comprehensive Iran Sanctions, Accountability, and 
     Divestment Act of 2010 (22 U.S.C. 8511).
       (13) Vessel.--The term ``vessel'' has the meaning given 
     that term in section 3 of title 1, United States Code.
       (b) Determinations of Significance.--For purposes of this 
     subtitle, in determining if financial transactions or 
     financial services are significant, the President may 
     consider the totality of the facts and circumstances, 
     including factors similar to the factors set forth in section 
     561.404 of title 31, Code of Federal Regulations (or any 
     corresponding similar regulation or ruling).

     SEC. 1263. DECLARATION OF POLICY ON HUMAN RIGHTS.

       (a) Finding.--Congress finds that the interests of the 
     United States and international peace are threatened by the 
     ongoing and destabilizing actions of the Government of Iran, 
     including its massive, systematic, and extraordinary 
     violations of the human rights of its own citizens.
       (b) Declaration of Policy.--It shall be the policy of the 
     United States--
       (1) to deny the Government of Iran the ability to continue 
     to oppress the people of Iran and to use violence and 
     executions against pro-democracy protestors and regime 
     opponents;
       (2) to fully and publicly support efforts made by the 
     people of Iran to promote the establishment of basic freedoms 
     that build

[[Page S7985]]

     the foundation for the emergence of a freely elected, open, 
     and democratic political system;
       (3) to help the people of Iran produce, access, and share 
     information freely and safely via the Internet and through 
     other media; and
       (4) to defeat all attempts by the Government of Iran to jam 
     or otherwise obstruct international satellite broadcast 
     signals.

     SEC. 1264. IMPOSITION OF SANCTIONS WITH RESPECT TO THE 
                   ENERGY, SHIPPING, AND SHIPBUILDING SECTORS OF 
                   IRAN.

       (a) Findings.--Congress makes the following findings:
       (1) Iran's energy, shipping, and shipbuilding sectors and 
     Iran's ports are facilitating the Government of Iran's 
     nuclear proliferation activities by providing revenue to 
     support proliferation activities.
       (2) The United Nations Security Council and the United 
     States Government have expressed concern about the 
     proliferation risks presented by the Iranian nuclear program.
       (3) The Director General of the International Atomic Energy 
     Agency (in this section referred to as the ``IAEA'') has in 
     successive reports (GOV/2012/37 and GOV/2011/65) identified 
     possible military dimensions of Iran's nuclear program.
       (4) The Government of Iran continues to defy the 
     requirements and obligations contained in relevant IAEA Board 
     of Governors and United Nations Security Council resolutions, 
     including by continuing and expanding uranium enrichment 
     activities in Iran, as reported in IAEA Report GOV/2012/37.
       (5) United Nations Security Council Resolution 1929 (2010) 
     recognizes the ``potential connection between Iran's revenues 
     derived from its energy sector and the funding of Iran's 
     proliferation sensitive nuclear activities''.
       (6) The National Iranian Tanker Company is the main carrier 
     for the Iranian Revolutionary Guard Corps-designated National 
     Iranian Oil Company and a key element in the petroleum supply 
     chain responsible for generating energy revenues that support 
     the illicit nuclear proliferation activities of the 
     Government of Iran.
       (b) Designation of Ports and Entities in the Energy, 
     Shipping, and Shipbuilding Sectors of Iran as Entities of 
     Proliferation Concern.--Entities that operate ports in Iran 
     and entities in the energy, shipping, and shipbuilding 
     sectors of Iran, including the National Iranian Oil Company, 
     the National Iranian Tanker Company, the Islamic Republic of 
     Iran Shipping Lines, and their affiliates, play an important 
     role in Iran's nuclear proliferation efforts and all such 
     entities are hereby designated as entities of proliferation 
     concern.
       (c) Blocking of Property of Entities in Energy, Shipping, 
     and Shipbuilding Sectors.--
       (1) Blocking of property.--
       (A) In general.--On and after the date that is 90 days 
     after the date of the enactment of this Act, the President 
     shall block and prohibit all transactions in all property and 
     interests in property of any person described in paragraph 
     (2) 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) Exception.--The authority to block and prohibit all 
     transactions in all property and interests in property under 
     subparagraph (A) does not include the authority to impose 
     sanctions on the importation of property.
       (2) Persons described.--A person is described in this 
     paragraph if the President determines that the person, on or 
     after the date that is 90 days after the date of the 
     enactment of this Act--
       (A) is part of the energy, shipping, or shipbuilding 
     sectors of Iran;
       (B) operates a port in Iran; or
       (C) knowingly provides significant financial, material, 
     technological, or other support to, or goods or services in 
     support of any activity or transaction on behalf of or for 
     the benefit of--
       (i) a person determined under subparagraph (A) to be a part 
     of the energy, shipping, or shipbuilding sectors of Iran;
       (ii) a person determined under subparagraph (B) to operate 
     a port in Iran; or
       (iii) an Iranian person included on the list of specially 
     designated nationals and blocked persons maintained by the 
     Office of Foreign Assets Control of the Department of the 
     Treasury (other than an Iranian financial institution 
     described in paragraph (3)).
       (3) Iranian financial institutions described.--An Iranian 
     financial institution described in this paragraph is an 
     Iranian financial institution that has not been designated 
     for the imposition of sanctions in connection with--
       (A) Iran's proliferation of weapons of mass destruction or 
     delivery systems for weapons of mass destruction;
       (B) Iran's support for international terrorism; or
       (C) Iran's abuses of human rights.
       (d) Additional Sanctions With Respect to the Energy, 
     Shipping, and Shipbuilding Sectors of Iran.--
       (1) Sale, supply, or transfer of certain goods and 
     services.--Except as provided in this section, the President 
     shall impose 5 or more of the sanctions described in section 
     6(a) of the Iran Sanctions Act of 1996 (Public Law 104-172; 
     50 U.S.C. 1701 note) (other than sanctions relating to the 
     importation of property under paragraph (8)(A) or (12) of 
     such section) with respect to a person if the President 
     determines that the person knowingly, on or after the date 
     that is 90 days after the date of the enactment of this Act, 
     sells, supplies, or transfers to or from Iran significant 
     goods or services described in paragraph (3).
       (2) Facilitation of certain transactions.--Except as 
     provided in this section, the President shall prohibit the 
     opening, and prohibit or impose strict conditions on the 
     maintaining, in the United States of a correspondent account 
     or a payable-through account by a foreign financial 
     institution that the President determines knowingly, on or 
     after the date that is 90 days after the date of the 
     enactment of this Act, conducts or facilitates a significant 
     financial transaction for the sale, supply, or transfer to or 
     from Iran of goods or services described in paragraph (3).
       (3) Goods and services described.--Goods or services 
     described in this paragraph are goods or services used in 
     connection with the energy, shipping, or shipbuilding sectors 
     of Iran, including the National Iranian Oil Company, the 
     National Iranian Tanker Company, and the Islamic Republic of 
     Iran Shipping Lines.
       (4) Application of certain provisions of iran sanctions act 
     of 1996.--The following provisions of the Iran Sanctions Act 
     of 1996 (Public Law 104-172; 50 U.S.C. 1701 note) shall apply 
     with respect to the imposition of sanctions under paragraph 
     (1) to the same extent that such provisions apply with 
     respect to the imposition of sanctions under section 5(a) of 
     that Act:
       (A) Subsections (c), (d), and (f) of section 5 (except for 
     paragraphs (3) and (4)(C) of such subsection (f)).
       (B) Sections 8, 11, and 12.
       (e) Humanitarian Exception.--The President may not impose 
     sanctions under this section with respect to any person for 
     conducting or facilitating a transaction for the sale of 
     agricultural commodities, food, medicine, or medical devices 
     to Iran or for the provision of humanitarian assistance to 
     the people of Iran.
       (f) Applicability of Sanctions to Petroleum and Petroleum 
     Products.--
       (1) In general.--Except as provided in paragraph (2), this 
     section shall apply with respect to the purchase of petroleum 
     or petroleum products from Iran only if, at the time of the 
     purchase, a determination of the President under section 
     1245(d)(4)(B) of the National Defense Authorization Act for 
     Fiscal Year 2012 (22 U.S.C. 8513a(d)(4)(B)) that the price 
     and supply of petroleum and petroleum products produced in 
     countries other than Iran is sufficient to permit purchasers 
     of petroleum and petroleum products from Iran to reduce 
     significantly their purchases from Iran is in effect.
       (2) Exception for certain countries.--
       (A) Exportation.--This section shall not apply with respect 
     to the exportation of petroleum or petroleum products from 
     Iran to a country to which the exception under section 
     1245(d)(4)(D)(i) of the National Defense Authorization Act 
     for Fiscal Year 2012 (22 U.S.C. 8513a(d)(4)(D)(i)) applies at 
     the time of the exportation of the petroleum or petroleum 
     products.
       (B) Financial transactions.--
       (i) In general.--This section shall not apply with respect 
     to a financial transaction described in clause (ii) conducted 
     or facilitated by a foreign financial institution if, at the 
     time of the transaction, the exception under section 
     1245(d)(4)(D)(i) of the National Defense Authorization Act 
     for Fiscal Year 2012 (22 U.S.C. 8513a(d)(4)(D)(i)) applies to 
     the country with primary jurisdiction over the foreign 
     financial institution.
       (ii) Financial transactions described.--A financial 
     transaction conducted or facilitated by a foreign financial 
     institution is described in this clause if--

       (I) the financial transaction is for the purchase of 
     purchase of petroleum or petroleum products from Iran;
       (II) the financial transaction is only for trade in goods 
     or services--

       (aa) not otherwise subject to sanctions under the law of 
     the United States; and
       (bb) between the country with primary jurisdiction over the 
     foreign financial institution and Iran; and

       (III) any funds owed to Iran as a result of such trade are 
     credited to an account located in the country with primary 
     jurisdiction over the foreign financial institution.

       (g) Applicability of Sanctions to Natural Gas.--
       (1) Sale, supply, or transfer.--Except as provided in 
     paragraph (2), this section shall not apply to the sale, 
     supply, or transfer to or from Iran of natural gas.
       (2) Financial transactions.--This section shall apply to a 
     foreign financial institution that conducts or facilitates a 
     financial transaction for the sale, supply, or transfer to or 
     from Iran of natural gas unless--
       (A) the financial transaction is only for trade in goods or 
     services--
       (i) not otherwise subject to sanctions under the law of the 
     United States; and
       (ii) between the country with primary jurisdiction over the 
     foreign financial institution and Iran; and
       (B) any funds owed to Iran as a result of such trade are 
     credited to an account located in the country with primary 
     jurisdiction over the foreign financial institution.
       (h) Waiver.--
       (1) In general.--The President may waive the imposition of 
     sanctions under this section for a period of not more than 
     120 days,

[[Page S7986]]

     and may renew that waiver for additional periods of not more 
     than 120 days, if the President--
       (A) determines that such a waiver is vital to the national 
     security of the United States; and
       (B) submits to the appropriate congressional committees a 
     report providing a justification for the waiver.
       (2) Form of report.--Each report submitted under paragraph 
     (1)(B) shall be submitted in unclassified form, but may 
     include a classified annex.

     SEC. 1265. IMPOSITION OF SANCTIONS WITH RESPECT TO THE SALE, 
                   SUPPLY, OR TRANSFER OF CERTAIN MATERIALS TO OR 
                   FROM IRAN.

       (a) Sale, Supply, or Transfer of Certain Materials.--The 
     President shall impose 5 or more of the sanctions described 
     in section 6(a) of the Iran Sanctions Act of 1996 (Public Law 
     104-172; 50 U.S.C. 1701 note) (other than sanctions relating 
     to the importation of property under paragraph (8)(A) or (12) 
     of such section) with respect to a person if the President 
     determines that the person knowingly, on or after the date 
     that is 90 days after the date of the enactment of this Act, 
     sells, supplies, or transfers, directly or indirectly, to or 
     from Iran--
       (1) a precious metal;
       (2) a material described in subsection (c) determined 
     pursuant to subsection (d)(1) to be used by Iran as described 
     in that subsection;
       (3) any other material described in subsection (c) if--
       (A) the material is--
       (i) to be used in connection with the energy, shipping, or 
     shipbuilding sectors of Iran or any sector of the economy of 
     Iran controlled directly or indirectly by Iran's 
     Revolutionary Guard Corps;
       (ii) sold, supplied, or transferred to or from an Iranian 
     person included on the list of specially designated nationals 
     and blocked persons maintained by the Office of Foreign 
     Assets Control of the Department of the Treasury; or
       (iii) relevant to the nuclear, military, or ballistic 
     missile programs of Iran; or
       (B) the material is resold, retransferred, or otherwise 
     supplied--
       (i) to an end-user in a sector described in clause (i) of 
     subparagraph (A);
       (ii) to a person described in clause (ii) of that 
     subparagraph; or
       (iii) for a program described in clause (iii) of that 
     subparagraph.
       (b) Facilitation of Certain Transactions.--The President 
     shall prohibit the opening, and prohibit or impose strict 
     conditions on the maintaining, in the United States of a 
     correspondent account or a payable-through account by a 
     foreign financial institution that the President determines 
     knowingly, on or after the date that is 90 days after the 
     date of the enactment of this Act, conducts or facilitates a 
     significant financial transaction for the sale, supply, or 
     transfer to or from Iran of materials the sale, supply, or 
     transfer of which would subject a person to sanctions under 
     subsection (a).
       (c) Materials Described.--Materials described in this 
     subsection are graphite, raw or semi-finished metals such as 
     aluminum and steel, coal, and software for integrating 
     industrial processes.
       (d) Determination With Respect to Use of Materials.--Not 
     later than 90 days after the date of the enactment of this 
     Act, and every 90 days thereafter, the President shall submit 
     to the appropriate congressional committees and publish in 
     the Federal Register a report that contains the determination 
     of the President with respect to--
       (1) whether Iran is--
       (A) using any of the materials described in subsection (c) 
     as a medium for barter, swap, or any other exchange or 
     transaction; or
       (B) listing any of such materials as assets of the 
     Government of Iran for purposes of the national balance sheet 
     of Iran;
       (2) which sectors of the economy of Iran are controlled 
     directly or indirectly by Iran's Revolutionary Guard Corps; 
     and
       (3) which of the materials described in subsection (c) are 
     relevant to the nuclear, military, or ballistic missile 
     programs of Iran.
       (e) Exception for Persons Exercising Due Diligence.--The 
     President may not impose sanctions under subsection (a) or 
     (b) with respect to a person 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 sell, supply, or transfer to 
     or from Iran materials the sale, supply, or transfer of which 
     would subject a person to sanctions under subsection (a) or 
     conduct or facilitate a financial transaction for such a 
     sale, supply, or transfer.
       (f) Waiver.--
       (1) In general.--The President may waive the imposition of 
     sanctions under this section for a period of not more than 
     120 days, and may renew that waiver for additional periods of 
     not more than 120 days, if the President--
       (A) determines that such a waiver is vital to the national 
     security of the United States; and
       (B) submits to the appropriate congressional committees a 
     report providing a justification for the waiver.
       (2) Form of report.--Each report submitted under paragraph 
     (1)(B) shall be submitted in unclassified form, but may 
     include a classified annex.
       (g) National Balance Sheet of Iran Defined.--For purposes 
     of this section, the term ``national balance sheet of Iran'' 
     refers to the ratio of the assets of the Government of Iran 
     to the liabilities of that Government.

     SEC. 1266. IMPOSITION OF SANCTIONS WITH RESPECT TO THE 
                   PROVISION OF UNDERWRITING SERVICES OR INSURANCE 
                   OR REINSURANCE FOR ACTIVITIES OR PERSONS WITH 
                   RESPECT TO WHICH SANCTIONS HAVE BEEN IMPOSED.

       (a) In General.--Except as provided in subsection (b), the 
     President shall impose 5 or more of the sanctions described 
     in section 6(a) of the Iran Sanctions Act of 1996 (Public Law 
     104-172; 50 U.S.C. 1701 note) (other than sanctions relating 
     to the importation of property under paragraph (8)(A) or (12) 
     of such section) with respect to a person if the President 
     determines that the person knowingly, on or after the date 
     that is 90 days after the date of the enactment of this Act, 
     provides underwriting services or insurance or reinsurance--
       (1) for any activity with respect to Iran for which 
     sanctions have been imposed under this subtitle, the 
     International Emergency Economic Powers Act (50 U.S.C. 1701 
     et seq.), the Iran Sanctions Act of 1996, the Comprehensive 
     Iran Sanctions, Accountability, and Divestment Act of 2010 
     (22 U.S.C. 8501 et seq.), the Iran Threat Reduction and Syria 
     Human Rights Act of 2012 (22 U.S.C. 8701 et seq.), the Iran, 
     North Korea, and Syria Nonproliferation Act (Public Law 106-
     178; 50 U.S.C. 1701 note), or any other provision of law 
     relating to the imposition of sanctions with respect to Iran;
       (2) to or for any person--
       (A) with respect to, or for the benefit of any activity in 
     the energy, shipping, or shipbuilding sectors of Iran for 
     which sanctions are imposed under this subtitle;
       (B) for the sale, supply, or transfer to or from Iran of 
     materials described in section 1255(c); or
       (C) designated for the imposition of sanctions pursuant to 
     the International Emergency Economic Powers Act (50 U.S.C. 
     1701 et seq.) in connection with--
       (i) Iran's proliferation of weapons of mass destruction or 
     delivery systems for weapons of mass destruction; or
       (ii) Iran's support for international terrorism; or
       (3) to or for any Iranian person included on the list of 
     specially designated nationals and blocked persons maintained 
     by the Office of Foreign Assets Control of the Department of 
     the Treasury (other than an Iranian financial institution 
     described in subsection (b)).
       (b) Iranian Financial Institutions Described.--An Iranian 
     financial institution described in this subsection is an 
     Iranian financial institution that has not been designated 
     for the imposition of sanctions in connection with--
       (1) Iran's proliferation of weapons of mass destruction or 
     delivery systems for weapons of mass destruction;
       (2) Iran's support for international terrorism; or
       (3) Iran's abuses of human rights.
       (c) Humanitarian Exception.--The President may not impose 
     sanctions under subsection (a) for the provision of 
     underwriting services or insurance or reinsurance for a 
     transaction for the sale of agricultural commodities, food, 
     medicine, or medical devices to Iran or for the provision of 
     humanitarian assistance to the people of Iran.
       (d) Exception for Underwriters and Insurance Providers 
     Exercising Due Diligence.--The President may not impose 
     sanctions under paragraph (1) or (3) or subparagraph (A) or 
     (B) of paragraph (2) of subsection (a) with respect to a 
     person that provides underwriting services or insurance or 
     reinsurance if the President determines that the person has 
     exercised due diligence in establishing and enforcing 
     official policies, procedures, and controls to ensure that 
     the person does not underwrite or enter into a contract to 
     provide insurance or reinsurance for an activity described in 
     paragraph (1) of that subsection or to or for any person 
     described in paragraph (3) or subparagraph (A) or (B) of 
     paragraph (2) of that subsection.
       (e) Waiver.--
       (1) In general.--The President may waive the imposition of 
     sanctions under subsection (a) for a period of not more than 
     120 days, and may renew that waiver for additional periods of 
     not more than 120 days, if the President--
       (A) determines that such a waiver is vital to the national 
     security of the United States; and
       (B) submits to the appropriate congressional committees a 
     report providing a justification for the waiver.
       (2) Form of report.--Each report submitted under paragraph 
     (1)(B) shall be submitted in unclassified form, but may 
     include a classified annex.
       (f) Application of Certain Provisions of Iran Sanctions Act 
     of 1996.--The following provisions of the Iran Sanctions Act 
     of 1996 (Public Law 104-172; 50 U.S.C. 1701 note) shall apply 
     with respect to the imposition of sanctions under subsection 
     (a) to the same extent that such provisions apply with 
     respect to the imposition of sanctions under section 5(a) of 
     that Act:
       (1) Subsections (c), (d), and (f) of section 5 (except for 
     paragraphs (3) and (4)(C) of such subsection (f)).
       (2) Sections 8, 11, and 12.

[[Page S7987]]

     SEC. 1267. IMPOSITION OF SANCTIONS WITH RESPECT TO FOREIGN 
                   FINANCIAL INSTITUTIONS THAT FACILITATE 
                   FINANCIAL TRANSACTIONS ON BEHALF OF SPECIALLY 
                   DESIGNATED NATIONALS.

       (a) In General.--Except as provided in this section, the 
     President shall prohibit the opening, and prohibit or impose 
     strict conditions on the maintaining, in the United States of 
     a correspondent account or a payable-through account by a 
     foreign financial institution that the President determines 
     has, on or after the date that is 90 days after the date of 
     the enactment of this Act, knowingly facilitated a 
     significant financial transaction on behalf of any Iranian 
     person included on the list of specially designated nationals 
     and blocked persons maintained by the Office of Foreign 
     Assets Control of the Department of the Treasury (other than 
     an Iranian financial institution described in subsection 
     (b)).
       (b) Iranian Financial Institutions Described.--An Iranian 
     financial institution described in this subsection is an 
     Iranian financial institution that has not been designated 
     for the imposition of sanctions in connection with--
       (1) Iran's proliferation of weapons of mass destruction or 
     delivery systems for weapons of mass destruction;
       (2) Iran's support for international terrorism; or
       (3) Iran's abuses of human rights.
       (c) Humanitarian Exception.--The President may not impose 
     sanctions under subsection (a) with respect to any person for 
     conducting or facilitating a transaction for the sale of 
     agricultural commodities, food, medicine, or medical devices 
     to Iran or for the provision of humanitarian assistance to 
     the people of Iran.
       (d) Applicability of Sanctions to Petroleum and Petroleum 
     Products.--
       (1) In general.--Except as provided in paragraph (2), 
     subsection (a) shall apply with respect to a financial 
     transaction for the purchase of petroleum or petroleum 
     products from Iran only if, at the time of the transaction, a 
     determination of the President under section 1245(d)(4)(B) of 
     the National Defense Authorization Act for Fiscal Year 2012 
     (22 U.S.C. 8513a(d)(4)(B)) that the price and supply of 
     petroleum and petroleum products produced in countries other 
     than Iran is sufficient to permit purchasers of petroleum and 
     petroleum products from Iran to reduce significantly their 
     purchases from Iran is in effect.
       (2) Exception for certain countries.--
       (A) In general.--Subsection (a) shall not apply with 
     respect to a financial transaction described in subparagraph 
     (B) conducted or facilitated by a foreign financial 
     institution for if, at the time of the transaction, the 
     exception under section 1245(d)(4)(D)(i) of the National 
     Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 
     8513a(d)(4)(D)(i)) applies to the country with primary 
     jurisdiction over the foreign financial institution.
       (B) Financial transactions described.--A financial 
     transaction conducted or facilitated by a foreign financial 
     institution is described in this subparagraph if--
       (i) the financial transaction is for the purchase of 
     purchase of petroleum or petroleum products from Iran;
       (ii) the financial transaction is only for trade in goods 
     or services--

       (I) not otherwise subject to sanctions under the law of the 
     United States; and
       (II) between the country with primary jurisdiction over the 
     foreign financial institution and Iran; and

       (iii) any funds owed to Iran as a result of such trade are 
     credited to an account located in the country with primary 
     jurisdiction over the foreign financial institution.
       (e) Applicability of Sanctions to Natural Gas.--Subsection 
     (a) shall apply to a foreign financial institution that 
     conducts or facilitates a financial transaction for the sale, 
     supply, or transfer to or from Iran of natural gas unless--
       (1) the financial transaction is only for trade in goods or 
     services--
       (A) not otherwise subject to sanctions under the law of the 
     United States; and
       (B) between the country with primary jurisdiction over the 
     foreign financial institution and Iran; and
       (2) any funds owed to Iran as a result of such trade are 
     credited to an account located in the country with primary 
     jurisdiction over the foreign financial institution.
       (f) Waiver.--
       (1) In general.--The President may waive the imposition of 
     sanctions under subsection (a) for a period of not more than 
     120 days, and may renew that waiver for additional periods of 
     not more than 120 days, if the President--
       (A) determines that such a waiver is vital to the national 
     security of the United States; and
       (B) submits to the appropriate congressional committees a 
     report providing a justification for the waiver.
       (2) Form of report.--Each report submitted under paragraph 
     (1)(B) shall be submitted in unclassified form, but may 
     include a classified annex.

     SEC. 1268. INCLUSION OF THE ISLAMIC REPUBLIC OF IRAN 
                   BROADCASTING ON THE LIST OF HUMAN RIGHTS 
                   ABUSERS.

       (a) Findings.--Congress makes the following findings:
       (1) The Islamic Republic of Iran Broadcasting has 
     contributed to the infringement of individuals' human rights 
     by broadcasting forced televised confession and show trials.
       (2) In March 2012, the European Council imposed sanctions 
     on the President of the Islamic Republic of Iran 
     Broadcasting, Ezzatollah Zargami, for broadcasting forced 
     confessions of detainees and a series of ``show trials'' in 
     August 2009 and December 2011 that constituted a clear 
     violation of international law with respect to the right to a 
     fair trial and due process.
       (b) Inclusion of the Islamic Republic of Iran Broadcasting 
     on the List of Human Rights Abusers.--The President shall 
     include the Islamic Republic of Iran Broadcasting and the 
     President of the Islamic Republic of Iran Broadcasting, 
     Ezzatollah Zargami, in the first update to the list of 
     persons complicit in, or responsible for ordering, 
     controlling, or otherwise directing, the commission of 
     serious human rights abuses against citizens of Iran or their 
     family members submitted under section 105 of the 
     Comprehensive Iran Sanctions, Accountability, and Divestment 
     Act of 2010 (22 U.S.C. 8514) after the date of the enactment 
     of this Act.

     SEC. 1269. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS 
                   ENGAGED IN THE DIVERSION OF GOODS INTENDED FOR 
                   THE PEOPLE OF IRAN.

       (a) In General.--Title I of the Comprehensive Iran 
     Sanctions, Accountability, and Divestment Act of 2010 (22 
     U.S.C. 8511 et seq.) is amended by inserting after section 
     105B the following:

     ``SEC. 105C. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS 
                   ENGAGED IN THE DIVERSION OF GOODS INTENDED FOR 
                   THE PEOPLE OF IRAN.

       ``(a) In General.--The President shall impose sanctions 
     described in section 105(c) (other than sanctions relating to 
     the importation of property under such section) with respect 
     to each person on the list required by subsection (b).
       ``(b) List of Persons Who Engage in Diversion.--
       ``(1) In general.--As relevant information becomes 
     available, the President shall submit to the appropriate 
     congressional committees a list of persons that the President 
     determines have, on or after such date of enactment, engaged 
     in corruption or other activities relating to--
       ``(A) the diversion of goods, including agricultural 
     commodities, food, medicine, and medical devices, intended 
     for the people of Iran; or
       ``(B) the misappropriation of proceeds from the sale or 
     resale of such goods.
       ``(2) Form of report; public availability.--
       ``(A) Form.--The list required by paragraph (1) shall be 
     submitted in unclassified form but may contain a classified 
     annex.
       ``(B) Public availability.--The unclassified portion of the 
     list required by paragraph (1) shall be made available to the 
     public and posted on the websites of the Department of the 
     Treasury and the Department of State.''.
       (b) Waiver.--Section 401(b)(1) of the Comprehensive Iran 
     Sanctions, Accountability, and Divestment Act of 2010 (22 
     U.S.C. 8551(b)(1)) is amended--
       (1) by striking ``or 105B(a)'' and inserting ``105B(a), or 
     105C(a)''; and
       (2) by striking ``or 105B(b)'' and inserting ``105B(b), or 
     105C(b)''.
       (c) Clerical Amendment.--The table of contents for the 
     Comprehensive Iran Sanctions, Accountability, and Divestment 
     Act of 2010 is amended by inserting after the item relating 
     to section 105B the following:

``Sec. 105C. Imposition of sanctions with respect to persons engaged in 
              the diversion of goods intended for the people of 
              Iran.''.

     SEC. 1270. WAIVER REQUIREMENT RELATED TO EXCEPTIONAL 
                   CIRCUMSTANCES PREVENTING SIGNIFICANT REDUCTIONS 
                   IN CRUDE OIL PURCHASES.

       Section 1245(d)(5)(B) of the National Defense Authorization 
     Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(5)(B)) is 
     amended--
       (1) in clause (i), by striking ``; and'' and inserting a 
     semicolon;
       (2) by redesignating clause (ii) as clause (iii); and
       (3) by inserting after clause (i) the following new clause:
       ``(ii) certifying that the country with primary 
     jurisdiction over the foreign financial institution otherwise 
     subject to the sanctions faced exceptional circumstances that 
     prevented the country from being able to significantly reduce 
     its volume of crude oil purchases; and''.

     SEC. 1271. STATUTE OF LIMITATIONS FOR CIVIL ACTIONS REGARDING 
                   TERRORIST ACTS.

       (a) In General.--Section 2335 of title 18, United States 
     Code, is amended--
       (1) in subsection (a), by striking ``4 years'' and 
     inserting ``10 years''; and
       (2) in subsection (b), by striking ``4-year period'' and 
     inserting ``10-year period''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to--
       (1) proceedings under section 2333 of title 18, United 
     States Code, pending in any form on the date of the enactment 
     of this Act;
       (2) proceedings under such section commenced on or after 
     the date of the enactment of this Act; and
       (3) any civil action brought for recovery of damages under 
     such section resulting from acts of international terrorism 
     that occurred more than 10 years before the date of the 
     enactment of this Act, provided that the action is filed not 
     later than 6 years after the date of the enactment of this 
     Act.

[[Page S7988]]

     SEC. 1272. REPORT ON USE OF CERTAIN IRANIAN SEAPORTS BY 
                   FOREIGN VESSELS AND USE OF FOREIGN AIRPORTS BY 
                   SANCTIONED IRANIAN AIR CARRIERS.

       (a) In General.--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 that contains--
       (1) a list of vessels that have entered seaports in Iran 
     controlled by the Tidewater Middle East Company during the 
     period specified in subsection (b) and the owners and 
     operators of those vessels; and
       (2) a list of all airports at which aircraft owned or 
     controlled by an Iranian air carrier on which sanctions have 
     been imposed by the United States have landed during the 
     period specified in subsection (b).
       (b) Period Specified.--The period specified in this 
     subsection is--
       (1) in the case of the first report submitted under 
     subsection (a), the 180-day period preceding the submission 
     of the report; and
       (2) in the case of any subsequent report submitted under 
     that subsection, the year preceding the submission of the 
     report.
       (c) Form of Report.--Each report required by subsection (a) 
     shall be submitted in unclassified form, but may include a 
     classified annex.

     SEC. 1273. IMPLEMENTATION; PENALTIES.

       (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 this subtitle.
       (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 this subtitle or regulations prescribed 
     under this subtitle to the same extent that such penalties 
     apply to a person that commits an unlawful act described in 
     section 206(a) of that Act.

     SEC. 1274. APPLICABILITY TO CERTAIN NATURAL GAS PROJECTS.

       Nothing in this subtitle or the amendments made by this 
     subtitle shall apply with respect to any activity relating to 
     a project described in subsection (a) of section 603 of the 
     Iran Threat Reduction and Syria Human Rights Act of 2012 (22 
     U.S.C. 8783) to which the exception under that section 
     applies at the time of the activity.

     SEC. 1275. RULE OF CONSTRUCTION.

       Nothing in this subtitle or the amendments made by this 
     subtitle shall be construed to limit sanctions imposed with 
     respect to Iran under any other provision of law or to limit 
     the authority of the President to impose additional sanctions 
     with respect to Iran.
                                 ______
                                 
  SA 3334. Mr. COONS (for Mr. Rubio) proposed an amendment to the bill 
H.R. 3783, to provide for a comprehensive strategy to counter Iran's 
growing hostile presence and activity in the Western Hemisphere, and 
for other purposes.

       On page 11, strike lines 17-19 and insert the following:
       (d) Form.--The strategy in this section may be submitted in 
     classified form, but shall include an unclassified summary of 
     policy recommendations to address the growing Iranian threat 
     in the Western Hemisphere.

                          ____________________