[Congressional Record Volume 164, Number 125 (Wednesday, July 25, 2018)]
[Senate]
[Pages S5381-S5382]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 3561. Mr. COTTON (for himself, Mr. Hatch, Mr. Cruz, Mr. Gardner,
Mr. Perdue, Mrs. Fischer, Mr. Sasse, Mr. Cornyn, and Mr. Rubio)
submitted an amendment intended to be proposed by him to the bill H.R.
6147, making appropriations for the Department of the Interior,
environment, and related agencies for the fiscal year ending September
30, 2019, and for other purposes; which was ordered to lie on the
table; as follows:
At the appropriate place in division B, insert the
following:
SEC. ___. REPORT RELATING TO ASSETS OF IRANIAN LEADERS AND
SENIOR POLITICAL FIGURES.
(a) In General.--Not later than 270 days after the date of
the enactment of this Act,
[[Page S5382]]
and annually thereafter (or more frequently if the Secretary
of the Treasury determines it appropriate based on new
information received by the Secretary) for the following 2
years, the Secretary of the Treasury shall, in furtherance of
the Secretary's efforts to prevent the financing of
terrorism, money laundering, and related illicit finance and
to make financial institutions' required compliance with
sanctions more easily understood, submit to the appropriate
congressional committees a report containing--
(1) the estimated total funds or other assets held in
accounts at United States and foreign financial institutions
that are under direct or indirect control of each individual
described in subsection (b) and a description of such funds
or assets;
(2) an identification of any equity interest such an
individual has in an entity 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 in any other entity with respect to which
sanctions are imposed;
(3) a description of how such funds or assets or equity
interests were acquired, and how they have been used or
employed;
(4) a description of any new methods or techniques used to
evade anti-money laundering and related laws, including
recommendations to improve techniques to combat illicit uses
of the United States financial system by individuals
described in subsection (b);
(5) recommendations for how United States economic
sanctions against Iran may be revised to prevent the funds or
other assets described in paragraph (1) from being used by
individuals described in subsection (b) to contribute--
(A) to the continued development, testing, and procurement
of ballistic missile technology by Iran; and
(B) to human rights abuses;
(6) an assessment of the impact and effectiveness of United
States economic sanctions programs against Iran;
(7) a description of how the Department of the Treasury
assesses the impact and effectiveness of United States
economic sanctions programs against Iran; and
(8) recommendations for improving the ability of the
Department of the Treasury to rapidly and effectively
develop, implement, and enforce additional economic sanctions
against Iran if so ordered by the President under the
International Emergency Economic Powers Act (50 U.S.C. 1701
et seq.) or any other provision of law.
(b) Individuals Described.--The individuals described in
this paragraph are the following:
(1) The Supreme Leader of Iran.
(2) The President of Iran.
(3) Members of the Council of Guardians.
(4) Members of the Expediency Council.
(5) The Minister of Intelligence and Security.
(6) The Commander and the Deputy Commander of the IRGC.
(7) The Commander and the Deputy Commander of the IRGC
Ground Forces.
(8) The Commander and the Deputy Commander of the IRGC
Aerospace Force.
(9) The Commander and the Deputy Commander of the IRGC
Navy.
(10) The Commander of the Basij-e-Mostaz'afin.
(11) The Commander of the Qods Force.
(12) The Commander in Chief of the Police Force.
(13) The head of the IRGC Joint Staff.
(14) The Commander of the IRGC Intelligence.
(15) The head of the IRGC Imam Hussein University.
(16) The Supreme Leader's Representative at the IRGC.
(17) The Chief Executive Officer and the Chairman of the
IRGC Cooperative Foundation.
(18) The Commander of the Khatam-al-Anbia Construction Head
Quarter.
(19) The Chief Executive Officer of the Basij Cooperative
Foundation.
(20) The head of the Political Bureau of the IRGC.
(21) The head of the Atomic Energy Organization of Iran.
(c) Form of Report; Public Availability.--
(1) Form.--Each report required by subsection (a) shall be
submitted in unclassified form but may contain a classified
annex.
(2) Public availability.--The unclassified portion of a
report required by subsection (a) shall be made available to
the public and posted on a publicly available Internet
website of the Department of the Treasury--
(A) in English, Farsi, Arabic, and Azeri; and
(B) in precompressed, easily downloadable versions that are
made available in all appropriate formats.
(d) Sources of Information.--In preparing a report required
by subsection (a), the Secretary of the Treasury may use any
credible publication, database, web-based resource, public
information compiled by any government agency, and any
information collected or compiled by a nongovernmental
organization or other entity provided to or made available to
the Secretary, that the Secretary finds credible.
(e) Sense of Congress.--It is the sense of Congress that,
in preparing reports required by subsection (a), the
Secretary of the Treasury should consider acquiring
information from sources that--
(1) collect and, if necessary, translate high-veracity,
official records; or
(2) provide search and analysis tools that enable law
enforcement agencies to have new insights into commercial and
financial relationships.
(f) Definitions.--In this section:
(1) Appropriate congressional committees.--The term
``appropriate congressional committees'' means--
(A) the Committee on Financial Services and the Committee
on Foreign Affairs of the House of Representatives; and
(B) the Committee on Banking, Housing, and Urban Affairs
and the Committee on Foreign Relations of the Senate.
(2) Funds.--The term ``funds'' means--
(A) cash;
(B) equity;
(C) 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 defined in section 3(a) of the
Securities Exchange Act of 1934 (15 U.S.C. 78c(a))); and
(D) any other asset that the Secretary determines
appropriate.
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