In the nature of a substitute.

1. Replaces the bill's text with a full substitute

   Replaces the full textEverything after the enacting clause

   In H.R. 1905 · Referred in Senate

   SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

   (a) Short Title.--This Act may be cited as the "Iran [struck: Threat Reduction ][inserted: Sanctions, Accountability, and Human Rights ]Act of [struck: 2011][inserted: 2012]".

   (b) Table of Contents.--The table of contents for this Act is as follows:

   Sec. 1. Short title; table of contents.

   Sec. 2. Findings.

   Sec. 3. [struck: Statement of policy][inserted: Definitions].

   TITLE I--[struck: IRAN ENERGY ][inserted: EXPANSION OF MULTILATERAL ]SANCTIONS[inserted: REGIME WITH RESPECT TO IRAN]

   Struck: Sec. 101. Findings.

   Struck: Sec. 102. Sense of Congress.

   Struck: Sec. 103. Declaration of policy.

   Struck: Sec. 104. Multilateral regime.

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   Struck: Sec. 105. Imposition of sanctions.

   Struck: Sec. 106. Description of sanctions.

   Struck: Sec. 107. Advisory opinions.

   Struck: Sec. 108. Termination of sanctions.

   Struck: Sec. 109. Duration of sanctions.

   Struck: Sec. 110. Reports required.

   Struck: Sec. 111. Determinations not reviewable.

   Struck: Sec. 112. Definitions.

   Struck: Sec. 113. Effective date.

   Struck: Sec. 114. Repeal.

   Struck: TITLE II--IRAN FREEDOM SUPPORT

   Struck: Sec. 201. Codification of sanctions.

   Struck: Sec. 202. Liability of parent companies for violations of sanctions by foreign subsidiaries.

   Struck: Sec. 203. Declaration of Congress regarding United States policy toward Iran.

   Struck: Sec. 204. Assistance to support democracy in Iran.

   Struck: Sec. 205. Imposition of sanctions on certain persons who are responsible for or complicit in human rights abuses committed against citizens of Iran or their family members after the June 12, 2009, elections in Iran.

   Struck: Sec. 206. Clarification of sensitive technologies for purposes of procurement ban.

   Struck: Sec. 207. Comprehensive strategy to promote internet freedom and access to information in Iran.

   Struck: TITLE III--IRAN REGIME AND IRAN'S ISLAMIC REVOLUTIONARY GUARD CORPS ACCOUNTABILITY

   Struck: Sec. 301. Iran's Islamic Revolutionary Guard Corps.

   Struck: Sec. 302. Additional export sanctions against Iran.

   Struck: Sec. 303. Sanctions against affiliates of Iran's Islamic Revolutionary Guard Corps.

   Struck: Sec. 304. Measures against foreign persons or entities supporting Iran's Islamic Revolutionary Guard Corps.

   Struck: Sec. 305. Special measures against foreign countries supporting Iran's Islamic Revolutionary Guard Corps.

   Struck: Sec. 306. Authority of State and local governments to restrict contracts or licenses for certain sanctionable persons.

   Struck: Sec. 307. Iranian activities in Iraq and Afghanistan.

   Struck: Sec. 308. United States policy toward Iran.

   Struck: Sec. 309. Definitions.

   Struck: Sec. 310. Rule of construction.

   Struck: TITLE IV--IRAN FINANCIAL SANCTIONS; DIVESTMENT FROM CERTAIN COMPANIES THAT INVEST IN IRAN; AND PREVENTION OF DIVERSION OF CERTAIN GOODS, SERVICES, AND TECHNOLOGIES TO IRAN

   Struck: Sec. 401. Iran financial sanctions.

   Struck: Sec. 402. Divestment from certain companies that invest in Iran.

   Struck: Sec. 403. Prevention of diversion of certain goods, services, and technologies to Iran.

   Struck: TITLE V--SECURITIES AND EXCHANGE COMMISSION

   Struck: Sec. 501. Disclosures to the Securities and Exchange Commission relating to sanctionable activities.

   Inserted: Sec. 101. Policy of the United States with respect to development of nuclear weapons capabilities by Iran.

   Inserted: Sec. 102. Sense of Congress on expansion of multilateral sanctions regime and implementation of sanctions laws.

   Inserted: Sec. 103. Diplomatic efforts to expand multilateral sanctions regime.

   Inserted: Sec. 104. Sense of Congress regarding the imposition of sanctions with respect to Iran.

   Inserted: TITLE II--EXPANSION OF SANCTIONS RELATING TO THE ENERGY SECTOR OF IRAN

   Inserted: AND PROLIFERATION OF WEAPONS OF MASS DESTRUCTION BY IRAN

   Inserted: Subtitle A--Expansion of Iran Sanctions Act of 1996

   Inserted: Sec. 201. Imposition of sanctions with respect to joint ventures with the Government of Iran relating to developing petroleum resources.

   Inserted: Sec. 202. Imposition of sanctions with respect to the provision of goods, services, technology, or support for the energy or petrochemical sectors of Iran.

   Inserted: Sec. 203. Imposition of sanctions with respect to joint ventures with the Government of Iran relating to mining, production, or transportation of uranium.

   Inserted: Sec. 204. Expansion of sanctions available under the Iran Sanctions Act of 1996.

   Inserted: Sec. 205. Expansion of definitions under the Iran Sanctions Act of 1996.

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   Inserted: Subtitle B--Additional Measures Relating to Sanctions Against Iran

   Inserted: Sec. 211. Imposition of sanctions with respect to the provision of vessels or shipping services to transport certain goods related to proliferation or terrorism activities to Iran.

   Inserted: Sec. 212. Imposition of sanctions with respect to subsidiaries and agents of persons sanctioned by United Nations Security Council resolutions.

   Inserted: Sec. 213. Liability of parent companies for violations of sanctions by foreign subsidiaries.

   Inserted: Sec. 214. Disclosures to the Securities and Exchange Commission relating to sanctionable activities.

   Inserted: Sec. 215. Identification of, and immigration restrictions on, senior officials of the Government of Iran and their family members.

   Inserted: Sec. 216. Reports on, and authorization of imposition of sanctions with respect to, the provision of financial communications services to the Central Bank of Iran and sanctioned Iranian financial institutions.

   Inserted: Sec. 217. Government Accountability Office report on foreign entities that invest in the energy sector of Iran or export refined petroleum products to Iran.

   Inserted: Sec. 218. Reporting on the importation to and exportation from Iran of crude oil and refined petroleum products.

   Inserted: TITLE III--SANCTIONS WITH RESPECT TO IRAN'S REVOLUTIONARY GUARD CORPS

   Inserted: Subtitle A--Identification of, and Sanctions With Respect to, Officials, Agents, Affiliates, and Supporters of Iran's Revolutionary Guard Corps and Other Sanctioned Persons

   Inserted: Sec. 301. Identification of, and imposition of sanctions with respect to, officials, agents, and affiliates of Iran's Revolutionary Guard Corps.

   Inserted: Sec. 302. Identification of, and imposition of sanctions with respect to, persons that support or conduct certain transactions with Iran's Revolutionary Guard Corps or other sanctioned persons.

   Inserted: Sec. 303. Rule of construction.

   Inserted: Subtitle B--Additional Measures Relating to Iran's Revolutionary Guard Corps

   Inserted: Sec. 311. Expansion of procurement prohibition to foreign persons that engage in certain transactions with Iran's Revolutionary Guard Corps.

   Inserted: Sec. 312. Determinations of whether the National Iranian Oil Company and the National Iranian Tanker Company are agents or affiliates of Iran's Revolutionary Guard Corps.

   Inserted: TITLE IV--MEASURES RELATING TO HUMAN RIGHTS ABUSES IN IRAN

   Inserted: Subtitle A--Expansion of Sanctions Relating to Human Rights Abuses in Iran

   Inserted: Sec. 401. Imposition of sanctions with respect to the transfer of goods or technologies to Iran that are likely to be used to commit human rights abuses.

   Inserted: Sec. 402. Imposition of sanctions with respect to persons who engage in censorship or other related activities against citizens of Iran.

   Inserted: Subtitle B--Additional Measures to Promote Human Rights in Iran

   Inserted: Sec. 411. Expedited consideration of requests for authorization of certain human rights-, humanitarian-, and democracy-related activities with respect to Iran.

   Inserted: Sec. 412. Comprehensive strategy to promote Internet freedom and access to information in Iran.

   Inserted: Sec. 413. Sense of Congress on political prisoners.

   Inserted: TITLE V--MISCELLANEOUS

   Inserted: Sec. 501. Exclusion of citizens of Iran seeking education relating to the nuclear and energy sectors of Iran.

   Inserted: Sec. 502. Technical correction.

   Inserted: Sec. 503. Interests in financial assets of Iran.

   Inserted: Sec. 504. Report on membership of Iran in international organizations.

   TITLE VI--GENERAL PROVISIONS

   Struck: Sec. 601. Denial of visas for certain persons of the Government of Iran.

   Struck: Sec. 602. Inadmissibility of certain aliens who engage in certain activities with respect to Iran.

   Struck: Sec. 603. Amendments to civil and criminal penalties provisions under the International Emergency Economic Powers Act.

   Struck: Sec. 604. Exclusion of certain activities.

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   Struck: Sec. 605. Regulatory authority.

   Struck: Sec. 606. Sunset.

   Inserted: Sec. 601. Technical implementation; penalties.

   Inserted: Sec. 602. Applicability to certain intelligence activities.

   Inserted: Sec. 603. Termination.

   Inserted: TITLE VII--SANCTIONS WITH RESPECT TO HUMAN RIGHTS ABUSES IN SYRIA

   Inserted: Sec. 701. Short title.

   Inserted: Sec. 702. Imposition of sanctions with respect to certain persons who are responsible for or complicit in human rights abuses committed against citizens of Syria or their family members.

   Inserted: Sec. 703. Imposition of sanctions with respect to the transfer of goods or technologies to Syria that are likely to be used to commit human rights abuses.

   Inserted: Sec. 704. Imposition of sanctions with respect to persons who engage in censorship or other forms of repression in Syria.

   Inserted: Sec. 705. Waiver.

   Inserted: Sec. 706. Termination.

   SEC. 2. FINDINGS.

   Congress makes the following findings:

   (1) Successive [struck: administrations have clearly identified ][inserted: Presidents of ]the [struck: unacceptability of the Iranian regime's ][inserted: United States have determined that the ]pursuit of nuclear weapons capabilities [struck: and][inserted: by] the [struck: danger that pursuit][inserted: Government of Iran] presents [inserted: a danger ]to the United States, [struck: to our ][inserted: its ]friends and allies, and to global security.

   Struck: (2) In May 1995, President Clinton stated that "The specter of an Iran armed with weapons of mass destruction and the missiles to deliver them haunts not only Israel but the entire Middle East and ultimately all the rest of us as well. The United States and, I believe, all the Western nations have an overriding interest in containing the threat posed by Iran.".

   Struck: (3) In the 2006 State of the Union Address, President Bush stated that "The Iranian government is defying the world with its nuclear ambitions, and the nations of the world must not permit the Iranian regime to gain nuclear weapons. America will continue to rally the world to confront these threats.".

   Struck: (4) In February 2009, President Obama committed the Administration to "developing a strategy to use all elements of American power to prevent Iran from developing a nuclear weapon".

   Struck: (5) Iran is a major threat to United States national security interests, not only exemplified by Tehran's nuclear program but also by its material assistance to armed groups in Iraq and Afghanistan, to the Palestinian group Hamas, to Lebanese Hezbollah, the Government of Syria, and to other extremists that seek to undermine regional stability. These capabilities provide the regime with potential asymmetric delivery vehicles and mechanisms for nuclear or other unconventional weapons.

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   Struck: (6) Iran's growing inventory of ballistic missile and other destabilizing types of conventional weapons provides the regime the capabilities to enhance its power projection throughout the region and undermine the national security interests of the United States and its friends and allies.

   Struck: (7) Were Iran to achieve a nuclear weapons capability, it would, inter alia--

   Struck: (A) likely lead to the proliferation of such weapons throughout the region, where several states have already indicated interest in nuclear programs, and would dramatically undercut 60 years of United States efforts to stop the spread of nuclear weapons;

   Struck: (B) greatly increase the threat of nuclear terrorism;

   Struck: (C) significantly expand Iran's already-growing influence in the region;

   Struck: (D) insulate the regime from international pressure, giving it wider scope further to oppress its citizens and pursue aggression regionally and globally;

   Struck: (E) embolden all Iranian-supported terrorist groups, including Hamas and Hezbollah; and

   Struck: (F) directly threaten several United States friends and allies, especially Israel, whose very right to exist has been denied successively by every leader of the Islamic Republic of Iran and which Iranian President Ahmadinejad says should be "wiped off the map".

   ([struck: 8][inserted: 2]) Successive Congresses have [struck: clearly ]recognized the threat that the [struck: Iranian regime ][inserted: Government of Iran ]and its policies present to the United States, [struck: to our ][inserted: its ]friends and allies, and to global security, and responded with successive bipartisan legislative initiatives[inserted: , including most recently the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C].[inserted: 8501 et seq.) on July 1, 2010.]

   Struck: (9) The extent of the Iranian threat is greater today than when the Iran and Libya Sanctions Act of 1996 was signed into law, now known as the Iran Sanctions Act of 1996. That landmark legislation imposed sanctions on foreign companies investing in Iran's energy infrastructure in an effort to undermine the strategic threat from Iran, by cutting off investment in its petroleum sector and thereby denying the regime its economic lifeline and its ability to pursue a nuclear program.

   Struck: (10) Laws such as the Iran and Libya Sanctions Act of 1996, which was retitled the Iran Sanctions Act of 1996, paved the way for the enactment of similar laws, such as the Iran, North Korea and Syria Nonproliferation Act, the Iran-Iraq Arms Non- Proliferation Act of 1992, the Iran Freedom Support Act, and the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010.

   Struck: (11) United States sanctions on Iran have hindered Iran's ability to attract capital, material, and technical support for its petroleum sector, creating financial difficulties for the regime.

   Struck: (12) In the Joint Explanatory Statement of the Committee of Conference to the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195; 50 U.S.C. 1701 note) issued on June 23, 2010, the Members of the Committee of Conference noted that "Although [the Iran Sanctions Act] was enacted more than a decade ago, no Administration has sanctioned a foreign entity for investing $20 million or more in Iran's energy sector, despite a number of such investments. Indeed, on only one occasion, in 1998, did the Administration make a determination regarding a sanctions-triggering investment, but the Administration waived sanctions against the offending persons. Conferees believe that the lack of enforcement of relevant enacted sanctions may have served to encourage rather than deter Iran's efforts to pursue nuclear weapons.".

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   Struck: (13) The Joint Explanatory Statement also noted that "The effectiveness of this Act will depend on its forceful implementation. The Conferees urge the President to vigorously impose the sanctions provided for in this Act.".

   Struck: (14) The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 mandates among other provisions that the President initiate investigations of potentially sanctionable activity under the Iran Sanctions Act of 1996. Although more than 16 months have passed since enactment of this legislation, Congress has not received notice of the imposition of sanctions on any entities that do significant business in the United States, despite multiple reports of potentially sanctionable activity by such entities. Although, in accordance with the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, some potentially sanctionable entities have been persuaded to wind down and end their involvement in Iran, others have not.

   Struck: (15) It is unlikely that Iran can be compelled to abandon its pursuit of nuclear weapons unless sanctions are fully and effectively implemented.

   Struck: SEC. 3. STATEMENT OF POLICY.

   Struck: It shall be the policy of the United States to--

   Struck: (1) prevent Iran from--

   Struck: (A) acquiring or developing nuclear weapons and associated delivery capabilities;

   Struck: (B) developing its unconventional weapons and ballistic missile capabilities; and

   Struck: (C) continuing its support for foreign terrorist organizations and other activities aimed at undermining and destabilizing its neighbors and other nations; and

   Struck: (2) fully implement all multilateral and bilateral sanctions against Iran in order to deprive the Government of Iran of necessary resources and to compel the Government of Iran to--

   Struck: (A) abandon and verifiably dismantle its nuclear capabilities;

   Struck: (B) abandon and verifiably dismantle its ballistic missile and unconventional weapons programs; and

   Struck: (C) cease all support for foreign terrorist organizations and other activities aimed at undermining and destabilizing its neighbors and other nations.

   Struck: TITLE I--IRAN ENERGY SANCTIONS

   Struck: SEC. 101. FINDINGS.

   Struck: Congress makes the following findings:

   Struck: (1) The efforts of the Government of Iran to achieve nuclear weapons capability and to acquire other unconventional weapons and the means to deliver them, both through ballistic missile and asymmetric means, and its support for foreign terrorist organizations and other extremists endanger the national security and foreign policy interests of the United States and those countries with which the United States shares common strategic and foreign policy objectives.

   Struck: (2) The objectives of preventing the proliferation of nuclear and other unconventional weapons and countering the activities of foreign terrorist organizations and other extremists through existing multilateral and bilateral initiatives require further efforts to deny Iran the financial means to sustain its nuclear, chemical, biological, and missile weapons programs and its active support for terrorism.

   Struck: (3) The Government of Iran uses its diplomatic facilities and quasi-governmental institutions outside of Iran to support foreign terrorist organizations and other extremists, and assist its unconventional weapons and missile programs, including its nuclear program.

   Struck: SEC. 102. SENSE OF CONGRESS.

   Struck: It is the sense of Congress that the goal of compelling Iran to abandon its pursuit of nuclear weapons and other threatening activities can be achieved most effectively through full implementation of all sanctions enacted into law, including those sanctions set out in this title.

   Struck: SEC. 103. DECLARATION OF POLICY.

   Struck: Congress declares that it is the policy of the United States to deny Iran the ability to support acts of foreign terrorist organizations and extremists and develop unconventional weapons and ballistic missiles. A critical means of achieving that goal is sanctions that limit Iran's ability to develop its energy resources, including its ability to explore for, extract, refine, and transport by pipeline its hydrocarbon resources, in order to limit the funds Iran has available for pursuing its objectionable activities.

   Struck: SEC. 104. MULTILATERAL REGIME.

   Struck: (a) Multilateral Negotiations.--In order to further the objectives of section 103 of this Act, Congress urges the President immediately to initiate diplomatic efforts, both in appropriate international fora such as the United Nations, and bilaterally with allies of the United States, to expand the multilateral sanctions regime regarding Iran, including--

   Struck: (1) qualitatively expanding the United Nations Security Council sanctions regime against Iran;

   Struck: (2) qualitatively expanding the range of sanctions by the European Union, South Korea, Japan, Australia, and other key United States allies;

   Struck: (3) further efforts to limit Iran's development of petroleum resources and import of refined petroleum; and

   Struck: (4) initiatives aimed at increasing non-Iranian crude oil product output for current purchasers of Iranian petroleum and petroleum byproducts.

   Struck: (b) Reports to Congress.--Not later than 180 days after the date of the enactment of this Act, and annually thereafter, the President shall submit to the appropriate congressional committees a report on the extent to which diplomatic efforts described in subsection (a) have been successful. Each report shall include--

   Struck: (1) the countries that have agreed to undertake measures to further the objectives of section 103 of this Act with respect to Iran, and a description of those measures; and

   Struck: (2) the countries that have not agreed to measures described in paragraph (1), and, with respect to those countries, other measures the President recommends that the United States take to further the objectives of section 103 of this Act with respect to Iran.

   Struck: (c) Interim Report on Multilateral Sanctions; Monitoring.--Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a report on--

   Struck: (1) the countries that have established legislative or administrative standards providing for the imposition of trade sanctions on persons or their affiliates that conduct business or have investments in Iran;

   Struck: (2) the extent and duration of each instance of the application of such sanctions; and

   Struck: (3) the disposition of any decision with respect to such sanctions by the World Trade Organization or its predecessor organization.

   Struck: (d) Investigations.--

   Struck: (1) In general.--The President shall initiate an investigation into the possible imposition of sanctions under section 105 of this Act against a person upon receipt by the United States of credible information indicating that such person is engaged in an activity described in such section.

   Struck: (2) Determination and notification.--Not later than 180 days after the date on which an investigation is initiated under paragraph (1), the President shall (unless paragraph (6) applies) determine, pursuant to section 105 of this Act, if a person has engaged in an activity described in such section and shall notify the appropriate congressional committees of the basis for any such determination.

   Struck: (3) Briefing.--

   Struck: (A) In general.--Not later than 30 days after the date of the enactment of this Act, and at the end of every 3-month period thereafter, the President, acting through the Secretary of State, shall brief the appropriate congressional committees regarding investigations initiated under this subsection.

   Struck: (B) Form.--The briefings required under subparagraph (A) shall be provided in unclassified form, but may be provided in classified form.

   Struck: (4) Submission of information.--

   Struck: (A) In general.--The Secretary of State shall, in accordance with section 15(b) of the State Department Basic Authorities Act of 1956 (22 U.S.C. 2680(b)), provide to the appropriate congressional committees all requested information relating to investigations or reviews initiated under this title, including the number, scope, and dates of such investigations or reviews.

   Struck: (B) Form.--The information required under subparagraph (A) shall be provided in unclassified form, but may contain a classified annex.

   Struck: (5) Termination.--Subject to paragraph (6), the President may, on a case-by-case basis, terminate an investigation of a person initiated under this subsection.

   Struck: (6) Special rule.--

   Struck: (A) In general.--The President need not initiate an investigation, and may terminate an investigation, on a case-by-case basis under this subsection if the President certifies in writing to the appropriate congressional committees 15 days prior to the determination that--

   Struck: (i) the person whose activity was the basis for the investigation is no longer engaging in the activity or is divesting all holdings and terminating the activity within one year from the date of the certification; and

   Struck: (ii) the President has received reliable assurances that the person will not knowingly engage in an activity described in section 105(a) of this Act in the future.

   Struck: (B) Application of sanctions.--The President shall apply the sanctions described in section 106(a) of this Act in accordance with section 105(a) of this Act to a person described in subparagraph (A) if--

   Struck: (i) the person fails to verifiably divest all holdings and terminate the activity described in subparagraph (A) of this paragraph within one year from the date of certification of the President under subparagraph (A); or

   Struck: (ii) the person has been previously designated pursuant to section 4(e)(3) of the Iran Sanctions Act of 1996, as in effect on the day before the date of the enactment of this Act, and fails to verifiably divest all holdings and terminate the activity described in subparagraph (A) within 180 days from the date of enactment of this Act.

   Struck: (C) Report.--Not later than 90 days after the date of enactment of this Act, the President shall transmit to the appropriate congressional committees a report on the actions taken by persons previously designated pursuant to section 4(e)(3) of the Iran Sanctions Act of 1996, as in effect on the day before the date of the enactment of this Act, to verifiably divest all holdings and terminate the activity described in subparagraph (A).

   Struck: SEC. 105. IMPOSITION OF SANCTIONS.

   Struck: (a) Sanctions With Respect to the Development of Petroleum Resources of Iran, Production of Refined Petroleum Products in Iran, and Exportation of Refined Petroleum Products to Iran.--

   Struck: (1) Development of petroleum resources of iran.--

   Struck: (A) In general.--Except as provided in subsection (f), the President shall impose a majority of the sanctions described in section 106(a) of this Act with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of this Act--

   Struck: (i) makes an investment described in subparagraph (B) of $20,000,000 or more; or

   Struck: (ii) makes a combination of investments described in subparagraph (B) in a 12-month period if each such investment is of at least $5,000,000 and such investments equal or exceed $20,000,000 in the aggregate.

   Struck: (B) Investment described.--An investment described in this subparagraph is an investment that directly and significantly contributes to the enhancement of Iran's ability to develop petroleum resources.

   Struck: (2) Production of refined petroleum products.--

   Struck: (A) In general.--Except as provided in subsection (f), the President shall impose a majority of the sanctions described in section 106(a) of this Act with respect to a person if the President determines that the person knowingly, on or after the date of the enactment this Act, sells, leases, or provides to Iran goods, services, technology, information, or support described in subparagraph (B)--

   Struck: (i) any of which has a fair market value of $1,000,000 or more; or

   Struck: (ii) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more.

   Struck: (B) Goods, services, technology, information, or support described.--Goods, services, technology, information, or support described in this subparagraph are goods, services, technology, information, or support that could directly and significantly facilitate the maintenance or expansion of Iran's domestic production of refined petroleum products, including any direct and significant assistance with respect to the construction, modernization, or repair of petroleum refineries or associated infrastructure, including construction of port facilities, railways, and roads, the primary use of which is to support the delivery of refined petroleum products.

   Struck: (3) Exportation of refined petroleum products to iran.--

   Struck: (A) In general.--Except as provided in subsection (f), the President shall impose a majority of the sanctions described in section 106(a) of this Act with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of this Act--

   Struck: (i) sells or provides to Iran refined petroleum products--

   Struck: (I) that have a fair market value of $1,000,000 or more; or

   Struck: (II) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more; or

   Struck: (ii) sells, leases, or provides to Iran goods, services, technology, information, or support described in subparagraph (B)--

   Struck: (I) any of which has a fair market value of $1,000,000 or more; or

   Struck: (II) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more.

   Struck: (B) Goods, services, technology, information, or support described.--Goods, services, technology, information, or support described in this subparagraph are goods, services, technology, information, or support that could directly and significantly contribute to the enhancement of Iran's ability to import refined petroleum products, including--

   Struck: (i) except as provided in subparagraph (C), underwriting or entering into a contract to provide insurance or reinsurance for the sale, lease, or provision of such goods, services, service contracts, technology, information, or support;

   Struck: (ii) financing or brokering such sale, lease, or provision;

   Struck: (iii) bartering or contracting by which the parties exchange goods for goods, including the insurance or reinsurance of such exchanges;

   Struck: (iv) purchasing, subscribing to, or facilitating the issuance of sovereign debt of the Government of Iran, including governmental bonds; or

   Struck: (v) providing ships or shipping services to deliver refined petroleum products to Iran.

   Struck: (C) Exception for underwriters and insurance providers exercising due diligence.--The President may not impose sanctions under this paragraph with respect to a person that provides underwriting services or insurance or reinsurance if the President determines that the person has exercised due diligence in establishing and enforcing official policies, procedures, and controls to ensure that the person does not underwrite or enter into a contract to provide insurance or reinsurance for the sale, lease, or provision of goods, services, technology, information, or support described in subparagraph (B).

   Struck: (4) Purchase, subscription to, or facilitation of the issuance of iranian sovereign debt.--Except as provided in subsection (f), the President shall impose a majority of the sanctions described in section 106(a) of this Act with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of this Act, purchases, subscribes to, or facilitates the issuance of--

   Struck: (A) sovereign debt of the Government of Iran, including governmental bonds; or

   Struck: (B) debt of any entity owned or controlled by the Government of Iran, including bonds.

   Struck: (b) Mandatory Sanctions With Respect to Development of Weapons of Mass Destruction or Other Military Capabilities.--

   Struck: (1) In general.--The President shall impose a majority of the sanctions described in section 106(a) of this Act if the President determines that a person, on or after the date of the enactment of this Act, has knowingly exported, transferred, permitted, hosted, or otherwise facilitated transshipment that may have enabled a person to export, transfer, or transship to Iran or otherwise provided to Iran any goods, services, technology, or other items that would contribute materially to the ability of Iran to--

   Struck: (A) acquire or develop chemical, biological, or nuclear weapons or related technologies; or

   Struck: (B) acquire or develop destabilizing numbers and types of advanced conventional weapons.

   Struck: (2) Additional mandatory sanctions relating to transfer of nuclear technology.--

   Struck: (A) In general.--Except as provided in subparagraphs (B) and (C), in any case in which a person is subject to sanctions under paragraph (1) because of an activity described in that paragraph that relates to the acquisition or development of nuclear weapons or related technology or of missiles or advanced conventional weapons that are designed or modified to deliver a nuclear weapon, no license may be issued for the export, and no approval may be given for the transfer or retransfer to the country the government of which has primary jurisdiction over the person, of any nuclear material, facilities, components, or other goods, services, or technology that are or would be subject to an agreement for cooperation between the United States and that government.

   Struck: (B) Exception.--The sanctions described in subparagraph (A) shall not apply with respect to a country the government of which has primary jurisdiction over a person that engages in an activity described in that subparagraph if the President determines and notifies the appropriate congressional committees that the government of the country--

   Struck: (i) does not know or have reason to know about the activity; or

   Struck: (ii) has taken, or is taking, all reasonable steps necessary to prevent a recurrence of the activity and to penalize the person for the activity.

   Struck: (C) Individual approval.--Notwithstanding subparagraph (A), the President may, on a case-by-case basis, approve the issuance of a license for the export, or approve the transfer or retransfer, of any nuclear material, facilities, components, or other goods, services, or technology that are or would be subject to an agreement for cooperation, to a person in a country to which subparagraph (A) applies (other than a person that is subject to the sanctions under paragraph (1)) if the President--

   Struck: (i) determines that such approval is vital to the national security interests of the United States; and

   Struck: (ii) not later than 15 days before issuing such license or approving such transfer or retransfer, submits to the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate the justification for approving such license, transfer, or retransfer.

   Struck: (D) Construction.--The restrictions in subparagraph (A) shall apply in addition to all other applicable procedures, requirements, and restrictions contained in the Atomic Energy Act of 1954 and other related laws.

   Struck: (E) Definition.--In this paragraph, the term "agreement for cooperation" has the meaning given that term in section 11 b. of the Atomic Energy Act of 1954 (42 U.S.C. 2014(b)).

   Struck: (F) Applicability.--The sanctions described in subparagraph (A) shall apply only in a case in which a person is subject to sanctions under paragraph (1) because of an activity described in such paragraph in which such person engages on or after the date of the enactment of this Act.

   Struck: (c) Persons Against Which the Sanctions Are to Be Imposed.--The sanctions described in subsections (a) and (b)(1) shall be imposed on--

   Struck: (1) any person the President determines has carried out the activities described in subsection (a) or (b), respectively; and

   Inserted: (3) If the Government of Iran achieves a nuclear weapons capability, it would pose a threat to the United States and allies and friends of the United States, particularly Israel, destabilize the Middle East, increase the threat of nuclear terrorism, and significantly undermine global nonproliferation efforts.

   Inserted: (4) The United States and its allies in the international community recognize the threat posed by the pursuit of nuclear weapons capabilities by the Government of Iran and have imposed significant sanctions against the Government of Iran, including through the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 in the United States and the adoption of a series of successive, increasingly stringent United Nations Security Council resolutions. While such efforts, together with others, have served to slow the development of Iran's nuclear program, they have not yet deterred Iran from its nuclear ambitions, and international efforts to do so must be intensified.

   Inserted: SEC. 3. DEFINITIONS.

   Inserted: In this Act:

   Inserted: (1) 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).

   Inserted: (2) Credible information.--The term "credible information" has the meaning given that term in section 14 of the Iran Sanctions Act of 1996, as amended by section 205 of this Act.

   Inserted: (3) Knowingly.--The term "knowingly" has the meaning given that term in section 14 of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note).

   Inserted: (4) 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).

   Inserted: TITLE I--EXPANSION OF MULTILATERAL SANCTIONS REGIME WITH RESPECT TO IRAN

   Inserted: SEC. 101. POLICY OF THE UNITED STATES WITH RESPECT TO DEVELOPMENT OF NUCLEAR WEAPONS CAPABILITIES BY IRAN.

   Inserted: It shall be the policy of the United States--

   Inserted: (1) to prevent the Government of Iran from--

   Show 102 more inserted paragraphsShow less

   Inserted: (A) acquiring or developing nuclear weapons;

   Inserted: (B) developing its advanced conventional weapons and ballistic missile capabilities; and

   Inserted: (C) continuing its support for terrorist organizations and other activities aimed at undermining and destabilizing its neighbors and other countries; and

   Inserted: (2) to fully implement all multilateral and bilateral sanctions against Iran, as part of larger multilateral and bilateral diplomatic efforts, in order to compel the Government of Iran--

   Inserted: (A) to abandon efforts to acquire a nuclear weapons capability;

   Inserted: (B) to abandon and dismantle its ballistic missile and unconventional weapons programs; and

   Inserted: (C) to cease all support for terrorist organizations and other terrorist activities aimed at undermining and destabilizing its neighbors and other countries.

   Inserted: SEC. 102. SENSE OF CONGRESS ON EXPANSION OF MULTILATERAL SANCTIONS REGIME AND IMPLEMENTATION OF SANCTIONS LAWS.

   Inserted: It is the sense of Congress that the goal of compelling Iran to abandon efforts to acquire a nuclear weapons capability and other threatening activities can be effectively achieved through--

   Inserted: (1) the prompt expansion, vigorous implementation, and intensification of enforcement of the current multilateral sanctions regime with respect to Iran; and

   Inserted: (2) full and vigorous implementation of all sanctions enacted into law, including sanctions imposed or expanded by this Act or amendments made by this Act.

   Inserted: SEC. 103. DIPLOMATIC EFFORTS TO EXPAND MULTILATERAL SANCTIONS REGIME.

   Inserted: (a) Multilateral Negotiations.--In order to further the policy set forth in section 101, Congress urges the President to intensify diplomatic efforts, both in appropriate international fora such as the United Nations and bilaterally with allies of the United States, to expand the multilateral sanctions regime with respect to Iran, including--

   Inserted: (1) expanding the United Nations Security Council sanctions regime to include--

   Inserted: (A) a prohibition on the issuance of visas to any official of the Government of Iran who is involved in--

   Inserted: (i) human rights violations in or outside of Iran;

   Inserted: (ii) the development of a nuclear weapons program and a ballistic missile capability in Iran; or

   Inserted: (iii) support by the Government of Iran for terrorist organizations, including Hamas and Hezbollah; and

   Inserted: (B) a requirement that each member country of the United Nations prohibit the Islamic Republic of Iran Shipping Lines from landing at seaports, and cargo flights of Iran Air from landing at airports, in that country because of the role of those organizations in proliferation and illegal arms sales;

   Inserted: (2) expanding the range of sanctions imposed with respect to Iran by allies of the United States;

   Inserted: (3) expanding efforts to limit the development of petroleum resources and the importation of refined petroleum products by Iran;

   Inserted: (4) developing additional initiatives to--

   Inserted: (A) increase the production of crude oil in countries other than Iran; and

   Inserted: (B) assist countries that purchase or otherwise obtain crude oil or petroleum products from Iran to reduce their dependence on crude oil and petroleum products from Iran; and

   Inserted: (5) eliminating the revenue generated by the Government of Iran from the sale of petrochemical products produced in Iran to other countries.

   Inserted: (b) Reports to Congress.--Not later than 180 days after the date of the enactment of this Act, and every 180 days thereafter, the President shall submit to the appropriate congressional committees a report on the extent to which diplomatic efforts described in subsection (a) have been successful that includes--

   Inserted: (1) an identification of the countries that have agreed to impose additional sanctions or take other measures to further the policy set forth in section 101 and a description of those measures;

   Inserted: (2) an identification of the countries that have not agreed to impose such sanctions or measures;

   Inserted: (3) recommendations for additional measures that the United States could take to further the policy set forth in section 101; and

   Inserted: (4) a description of any decision by the World Trade Organization with respect to whether the imposition by any country of any sanction with respect to Iran is inconsistent with the obligations of that country as a member of the World Trade Organization or under the General Agreement on Tariffs and Trade, done at Geneva October 30, 1947.

   Inserted: SEC. 104. SENSE OF CONGRESS REGARDING THE IMPOSITION OF SANCTIONS WITH RESPECT TO IRAN.

   Inserted: It is the sense of Congress that all efforts should be made by the President to maximize the effects of existing sanctions with respect to Iran and the United States should take all necessary measures to preserve robust information-sharing activities.

   Inserted: TITLE II--EXPANSION OF SANCTIONS RELATING TO THE ENERGY SECTOR OF IRAN

   Inserted: AND PROLIFERATION OF WEAPONS OF MASS DESTRUCTION BY IRAN

   Inserted: Subtitle A--Expansion of Iran Sanctions Act of 1996 SEC. 201. IMPOSITION OF SANCTIONS WITH RESPECT TO JOINT VENTURES WITH THE GOVERNMENT OF IRAN RELATING TO DEVELOPING PETROLEUM RESOURCES.

   Inserted: Section 5(a) of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note) is amended--

   Inserted: (1) in the subsection heading, by striking "With Respect to" and all that follows through "to Iran" and inserting "Relating to the Energy Sector of Iran"; and

   Inserted: (2) by adding at the end the following:

   Inserted: "(4) Joint ventures with iran relating to developing petroleum resources.--

   Inserted: "(A) In general.--Except as provided in subparagraph (B) and subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly participates, on or after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012, in a joint venture with respect to the development of petroleum resources outside of Iran if--

   Inserted: "(i) the joint venture is established on or after January 1, 2002; and

   Inserted: "(ii)(I) the Government of Iran is a substantial partner or investor in the joint venture; or

   Inserted: "(II) Iran could, through a direct operational role in the joint venture or by other means, receive technological knowledge or equipment not previously available to Iran that could directly and significantly contribute to the enhancement of Iran's ability to develop petroleum resources in Iran.

   Inserted: "(B) Applicability.--Subparagraph (A) shall not apply with respect to participation in a joint venture established on or after January 1, 2002, and before the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012 if the person participating in the joint venture terminates that participation not later than the date that is 180 days after such date of enactment.".

   Inserted: SEC. 202. IMPOSITION OF SANCTIONS WITH RESPECT TO THE PROVISION OF GOODS, SERVICES, TECHNOLOGY, OR SUPPORT FOR THE ENERGY OR PETROCHEMICAL SECTORS OF IRAN.

   Inserted: Section 5(a) of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note), as amended by section 201, is further amended by adding at the end the following:

   Inserted: "(5) Support for the development of petroleum resources and refined petroleum products in iran.--

   Inserted: "(A) In general.--Except as provided in subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012, sells, leases, or provides to Iran goods, services, technology, or support described in subparagraph (B)--

   Inserted: "(i) any of which has a fair market value of $1,000,000 or more; or

   Inserted: "(ii) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more.

   Inserted: "(B) Goods, services, technology, or support described.--Goods, services, technology, or support described in this subparagraph are goods, services, technology, or support that could directly and significantly contribute to the maintenance or enhancement of Iran's--

   Inserted: "(i) ability to develop petroleum resources located in Iran; or

   Inserted: "(ii) domestic production of refined petroleum products, including any direct and significant assistance with respect to the construction, modernization, or repair of petroleum refineries or directly associated infrastructure, including port facilities, railroads, or roads, if the predominant use of those facilities, railroads, or roads is for the transportation of refined petroleum products.

   Inserted: "(6) Development and purchase of petrochemical products from iran.--

   Inserted: "(A) In general.--Except as provided in subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of Iran Sanctions, Accountability, and Human Rights Act of 2012, sells, leases, or provides to Iran goods, services, technology, or support described in subparagraph (B)--

   Inserted: "(i) any of which has a fair market value of $250,000 or more; or

   Inserted: "(ii) that, during a 12-month period, have an aggregate fair market value of $1,000,000 or more.

   Inserted: "(B) Goods, services, technology, or support described.--Goods, services, technology, or support described in this subparagraph are goods, services, technology, or support that could directly and significantly contribute to the maintenance or expansion of Iran's domestic production of petrochemical products.".

   Inserted: SEC. 203. IMPOSITION OF SANCTIONS WITH RESPECT TO JOINT VENTURES WITH THE GOVERNMENT OF IRAN RELATING TO MINING, PRODUCTION, OR TRANSPORTATION OF URANIUM.

   Inserted: Section 5(b) of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note) is amended--

   Inserted: (1) in paragraph (1)--

   Inserted: (A) by redesignating subparagraphs (A) and (B) as clauses (i) and (ii), respectively, and moving such clauses, as so redesignated, 2 ems to the right;

   Inserted: (B) by striking "a person has, on or after" and inserting the following: "a person has--

   Inserted: "(A) on or after";

   Inserted: (C) in subparagraph (A)(ii), as redesignated, by striking the period and inserting "; or"; and

   Inserted: (D) by adding at the end the following:

   Inserted: "(B) except as provided in paragraph (3), knowingly participated, on or after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012, in a joint venture--

   Inserted: "(i) with--

   Inserted: "(I) the Government of Iran;

   Inserted: "(II) an entity incorporated in Iran or subject to the jurisdiction of the Government of Iran; or

   Inserted: "(III) a person acting on behalf of or at the direction of, or owned or controlled by, the Government of Iran or an entity described in subclause (II); and

   Inserted: "(ii) that involves any activity relating to the mining, production, or transportation of uranium."; and

   Inserted: (2) by adding at the end the following:

   Inserted: "(3) Applicability of sanctions with respect to joint ventures relating to the mining, production, or transportation of uranium.--

   Inserted: "(A) In general.--Paragraph (1)(B) shall apply with respect to participation, on or after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012, in--

   Inserted: "(i) a joint venture established on or after such date of enactment; and

   Inserted: "(ii) except as provided in subparagraph (B), a joint venture established before such date of enactment.

   Inserted: "(B) Exception.--Paragraph (1)(B) shall not apply with respect to participation in a joint venture described in subparagraph (A)(ii) if the person participating in the joint venture terminates that participation not later than the date that is 180 days after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012.".

   Inserted: SEC. 204. EXPANSION OF SANCTIONS AVAILABLE UNDER THE IRAN SANCTIONS ACT OF 1996.

   Inserted: (a) In General.--Section 6(a) of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note) is amended--

   Inserted: (1) by redesignating paragraph (9) as paragraph (11); and

   Inserted: (2) by inserting after paragraph (8) the following:

   Inserted: "(9) Exclusion of corporate officers.--The President may direct the Secretary of State to deny a visa to, and the Secretary of Homeland Security to exclude from the United States, any alien that the President determines is a corporate officer or principal of, or a shareholder with a controlling interest in, a sanctioned person.

   Inserted: "(10) Sanctions on principal executive officers.--The President may impose on the principal executive officer or officers of any sanctioned person, or on persons performing similar functions and with similar authorities as such officer or officers, any of the sanctions under this subsection.".

   Inserted: (b) Effective Date.--The amendments made by subsection (a) shall take effect on the date of the enactment of this Act and apply with respect to activities described in section 5 of the Iran Sanctions Act of 1996, as amended by this Act, commenced on or after such date of enactment.

   Inserted: SEC. 205. EXPANSION OF DEFINITIONS UNDER THE IRAN SANCTIONS ACT OF 1996.

   Inserted: (a) In General.--Section 14 of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note) is amended by adding at the end the following:

   Inserted: "(19) Credible information.--The term 'credible information', with respect to a person--

   Inserted: "(A) includes--

   Inserted: "(i) a public announcement by the person that the person has engaged in an activity described in section 5; and

   Inserted: "(ii) information set forth in a report to stockholders of the person indicating that the person has engaged in such an activity; and

   Inserted: "(B) may include, in the discretion of the President--

   Inserted: "(i) an announcement by the Government of Iran that the person has engaged in such an activity; or

   Inserted: "(ii) information indicating that the person has engaged in such an activity that is set forth in--

   Inserted: "(I) a report of the Government Accountability Office, the Energy Information Administration, or the Congressional Research Service; or

   Inserted: "(II) a report or publication of a similarly reputable governmental organization.

   Inserted: "(20) Petrochemical product.--The term 'petrochemical product' includes any aromatic, olefin, or synthesis gas, and any derivative of such a gas, including ethylene, propylene, butadiene, benzene, toluene, xylene, ammonia, methanol, and urea.".

   Inserted: (b) Effective Date.--The amendment made by subsection (a) shall take effect on the date of the enactment of this Act and apply with respect to activities described in section 5 of the Iran Sanctions Act of 1996, as amended by this Act, commenced on or after such date of enactment.

   Inserted: Subtitle B--Additional Measures Relating to Sanctions Against Iran SEC. 211. IMPOSITION OF SANCTIONS WITH RESPECT TO THE PROVISION OF VESSELS OR SHIPPING SERVICES TO TRANSPORT CERTAIN GOODS RELATED TO PROLIFERATION OR TERRORISM ACTIVITIES TO IRAN.

   Inserted: (a) In General.--Except as provided in subsection (c), if the President determines that a person, on or after the date of the enactment of this Act, knowingly provides a vessel, insurance or reinsurance, or any other shipping service for the transportation to or from Iran of goods that could materially contribute to the activities of the Government of Iran with respect to the proliferation of weapons of mass destruction or support for acts of international terrorism, the President shall, pursuant to Executive Order 13382 (70 Fed. Reg. 38567; relating to blocking of property of weapons of mass destruction proliferators and their supporters) or Executive Order 13224 (66 Fed. Reg. 49079; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism), or otherwise pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.), block and prohibit all transactions in all property and interests in property of the persons specified in subsection (b) if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person.

   Inserted: (b) Persons Specified.--The persons specified in this subsection are--

   Inserted: (1) the person that provided a vessel, insurance or reinsurance, or other shipping service described in subsection (a); and

   (2) any person that--

   (A) is a successor entity to the person referred to in paragraph (1);

   (B) owns or controls the person referred to in paragraph (1), if the person that owns or controls the person referred to in paragraph (1) had actual knowledge or should have known that the person referred to in paragraph (1) [struck: engaged in ][inserted: provided ]the [struck: activities referred to in that paragraph][inserted: vessel, insurance or reinsurance, or other shipping service]; or

   (C) is owned or controlled by, or under common ownership or control with, the person referred to in paragraph (1), if the person owned or controlled by, or under common ownership or control with (as the case may be), the person referred to in paragraph (1) knowingly engaged in the [struck: activities referred to in that paragraph. For purposes ][inserted: provision ]of [struck: this title, any person ][inserted: the vessel, insurance ]or [struck: entity described in this subsection shall be referred to as a "sanctioned person"][inserted: reinsurance, or other shipping service].

   Struck: (d) Publication in Federal Register.--The President shall cause to be published in the Federal Register a current list of persons and entities on whom sanctions have been imposed under this title. The removal of persons or entities from, and the addition of persons and entities to, the list, shall also be so published.

   Struck: (e) Publication of Projects.--The President shall cause to be published in the Federal Register a list of all significant projects that have been publicly tendered in the oil and gas sector in Iran.

   Struck: (f) Exceptions.--The President shall not be required to apply or maintain the sanctions under subsection (a) or (b)--

   Struck: (1) in the case of procurement of defense articles or defense services--

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   Struck: (A) under existing contracts or subcontracts, including the exercise of options for production quantities to satisfy requirements essential to the national security of the United States;

   Struck: (B) if the President determines in writing that the person to which the sanctions would otherwise be applied is a sole source supplier of the defense articles or services, that the defense articles or services are essential, and that alternative sources are not readily or reasonably available; or

   Struck: (C) if the President determines in writing that such articles or services are essential to the national security under defense coproduction agreements;

   Struck: (2) in the case of procurement, to eligible products, as defined in section 308(4) of the Trade Agreements Act of 1979 (19 U.S.C. 2518(4)), of any foreign country or instrumentality designated under section 301(b) of that Act (19 U.S.C. 2511(b));

   Struck: (3) to products, technology, or services provided under contracts entered into before the date on which the President publishes in the Federal Register the name of the person on whom the sanctions are to be imposed;

   Struck: (4) to--

   Struck: (A) spare parts which are essential to United States products or production;

   Struck: (B) component parts, but not finished products, essential to United States products or production; or

   Struck: (C) routine servicing and maintenance of products, to the extent that alternative sources are not readily or reasonably available;

   Struck: (5) to information and technology essential to United States products or production; or

   Struck: (6) to medicines, medical supplies, or other humanitarian items.

   Struck: SEC. 106. DESCRIPTION OF SANCTIONS.

   Struck: (a) In General.--The sanctions to be imposed on a sanctioned person under section 105 of this Act are as follows:

   Struck: (1) Export-import bank assistance for exports to sanctioned persons.--The President may direct the Export-Import Bank of the United States to not give approval to for the issuance of any guarantee, insurance, extension of credit, or participation in the extension of credit in connection with the export of any goods or services to any sanctioned person.

   Struck: (2) Export sanction.--The President may order the United States Government not to issue any specific license and not to grant any other specific permission or authority to export any goods or technology to a sanctioned person under--

   Struck: (A) the Export Administration Act of 1979 (as continued in effect pursuant to the International Emergency Economic Powers Act);

   Struck: (B) the Arms Export Control Act;

   Struck: (C) the Atomic Energy Act of 1954; or

   Struck: (D) any other law that requires the prior review and approval of the United States Government as a condition for the export or reexport of goods or services.

   Struck: (3) Loans from united states financial institutions.--The United States Government may prohibit any United States financial institution from making loans or providing credits to any sanctioned person totaling more than $10,000,000 in any 12- month period unless such person is engaged in activities to relieve human suffering and the loans or credits are provided for such activities.

   Struck: (4) Prohibitions on financial institutions.--The following prohibitions may be imposed against a sanctioned person that is a financial institution:

   Struck: (A) Prohibition on designation as primary dealer.-- Neither the Board of Governors of the Federal Reserve System nor the Federal Reserve Bank of New York may designate, or permit the continuation of any prior designation of, such financial institution as a primary dealer in United States Government debt instruments.

   Struck: (B) Prohibition on service as a repository of government funds.--Such financial institution may not serve as agent of the United States Government or serve as repository for United States Government funds. The imposition of either sanction under subparagraph (A) or (B) shall be treated as one sanction for purposes of section 105 of this Act, and the imposition of both such sanctions shall be treated as 2 sanctions for purposes of section 105 of this Act.

   Struck: (5) Procurement sanction.--The United States Government may not procure, or enter into any contract for the procurement of, any goods or services from a sanctioned person.

   Struck: (6) Foreign exchange.--The President may prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the sanctioned person has any interest.

   Struck: (7) Banking transactions.--The President may prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the sanctioned person.

   Struck: (8) Property transactions.--The President may prohibit any person from--

   Struck: (A) acquiring, holding, withholding, using, transferring, withdrawing, transporting, or exporting any property that is subject to the jurisdiction of the United States and with respect to which a sanctioned person has any interest;

   Struck: (B) dealing in or exercising any right, power, or privilege with respect to such property; or

   Struck: (C) conducting any transaction involving such property.

   Struck: (9) Grounds for exclusion.--The Secretary of State may deny a visa to, and the Secretary of Homeland Security may deny admission into the United States to, any alien whom the Secretary of State determines is an alien who, on or after the date of the enactment of this Act, is a--

   Struck: (A) corporate officer, principal, or shareholder with a controlling interest of a person against whom sanctions have been imposed under subsection (a) or (b);

   Struck: (B) corporate officer, principal, or shareholder with a controlling interest of a successor entity to or a parent or subsidiary of such a sanctioned person;

   Struck: (C) corporate officer, principal, or shareholder with a controlling interest of an affiliate of such a sanctioned person, if such affiliate engaged in a sanctionable activity described in subsection (a) or (b) and if such affiliate is controlled in fact by such sanctioned person; or

   Struck: (D) spouse, minor child, or agent of a person inadmissible under subparagraph (A), (B), or (C).

   Struck: (10) Sanctions on principal executive officers.--The President may impose on the principal executive officer or officers of any sanctioned person, or on persons performing similar functions and with similar authorities as such officer or officers, any of the sanctions under this subsection. The President shall include on the list published under section 105(d) of this Act the name of any person against whom sanctions are imposed under this paragraph.

   Struck: (11) Additional sanctions.--The President may impose additional sanctions, as appropriate, in accordance with the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

   Struck: (b) Additional Measure Relating to Government Contracts.--

   Struck: (1) Modification of federal acquisition regulation.--The Federal Acquisition Regulation issued pursuant to section 1303 of title 41, United States Code, shall require a certification from each person that is a prospective contractor that such person and any person owned or controlled by the person does not engage in any activity for which sanctions may be imposed under section 105 or section 304 of this Act.

   Struck: (2) Remedies.--

   Struck: (A) In general.--If the head of an executive agency determines that a person has submitted a false certification under paragraph (1) after the date on which the Federal Acquisition Regulation is revised to implement the requirements of this subsection, the head of that executive agency shall terminate a contract with such person or debar or suspend such person from eligibility for Federal contracts for a period of not less than 2 years. Any such debarment or suspension shall be subject to the procedures that apply to debarment and suspension under the Federal Acquisition Regulation under subpart 9.4 of part 9 of title 48, Code of Federal Regulations.

   Struck: (B) Inclusion on list of parties excluded from federal procurement and nonprocurement programs.--The Administrator of General Services shall include on the List of Parties Excluded from Federal Procurement and Nonprocurement Programs maintained by the Administrator under part 9 of the Federal Acquisition Regulation issued pursuant to section 1303 of title 41, United States Code, each person that is debarred, suspended, or proposed for debarment or suspension by the head of an executive agency on the basis of a determination of a false certification under subparagraph (A).

   Struck: (3) Clarification regarding certain products.--The remedies specified in paragraph (2) shall not apply with respect to the procurement of eligible products, as defined in section 308(4) of the Trade Agreements Act of 1974 (19 U.S.C. 2518(4)), of any foreign country or instrumentality designated under section 301(b) of such Act (19 U.S.C. 2511(b)).

   Struck: (4) Rule of construction.--This subsection shall not be construed to limit the use of other remedies available to the head of an executive agency or any other official of the Federal Government on the basis of a determination of a false certification under paragraph (1).

   Struck: (5) Waiver.--The President may, on a case-by-case basis, waive the requirement that a person make a certification under paragraph (1) if the President determines and certifies in writing to the appropriate congressional committees that failure to exercise such waiver authority would pose an unusual and extraordinary threat to the vital national security interests of the United States.

   Struck: (6) Executive agency defined.--In this subsection, the term "executive agency" has the meaning given such term in section 133 of title 41, United States Code.

   Struck: (7) Applicability.--The revisions to the Federal Acquisition Regulation required under paragraph (1) shall apply with respect to contracts for which solicitations are issued on or after the date that is 90 days after the date of the enactment of this Act.

   Struck: SEC. 107. ADVISORY OPINIONS.

   Struck: The Secretary of State may, upon the request of any person, issue an advisory opinion to such person as to whether a proposed activity by such person would subject such person to sanctions under this title. Any person who relies in good faith on such an advisory opinion which states that such proposed activity would not subject such person to such sanctions, and any such person who thereafter engages in such activity, shall not be made subject to such sanctions on account of such activity.

   Struck: SEC. 108. TERMINATION OF SANCTIONS.

   Struck: (a) Certification.--The requirement under section 105 of this Act to impose sanctions shall no longer have force or effect with respect to Iran if the President determines and certifies to the appropriate congressional committees that Iran--

   Struck: (1) has ceased and verifiably dismantled its efforts to design, develop, manufacture, or acquire--

   Struck: (A) a nuclear explosive device or related materials and technology;

   Struck: (B) chemical and biological weapons; and

   Struck: (C) ballistic missiles and ballistic missile launch technology;

   Struck: (2) no longer provides support for acts of international terrorism; and

   Inserted: (c) Waiver.--The President may waive the requirement to impose sanctions with respect to a person under subsection (a) on or after the date that is 30 days after the President--

   ([struck: 3][inserted: 1]) [struck: poses no threat to ][inserted: determines that such a waiver is in ]the national security[struck: ,] interests[struck: , or allies ][inserted: ]of the United States[struck: .][inserted: ; and]

   Struck: (b) Notification.--The President shall notify the appropriate congressional committees not later than 15 days before making the certification described in subsection (a).

   Struck: SEC. 109. DURATION OF SANCTIONS.

   Struck: (a) Delay of Sanctions.--

   Struck: (1) Consultations.--If the President makes a determination described in section 105 of this Act with respect to a foreign person, Congress urges the President to initiate consultations immediately with the government with primary jurisdiction over such foreign person with respect to the imposition of sanctions under such section.

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   Struck: (2) Actions by government of jurisdiction.--In order to pursue consultations under paragraph (1) with the government concerned, the President may delay for up to 90 days the imposition of sanctions under section 105 of this Act. Following such consultations, the President shall immediately impose on the foreign person referred to in paragraph (1) such sanctions unless the President determines and certifies to Congress that the government has taken specific and effective actions, including, as appropriate, the imposition of appropriate penalties to terminate the involvement of the foreign person in the activities that resulted in the determination by the President under section 105 of this Act concerning such foreign person and the foreign person is no longer engaged in such activities.

   Struck: (b) Duration of Sanctions.--A sanction imposed under section 105 of this Act shall remain in effect--

   Struck: (1) for a period of not less than 2 years beginning on the date on which such sanction is imposed; or

   Struck: (2) until such time as the President determines and certifies to Congress that the person whose activities were the basis for imposing such sanction is no longer engaging in such activities and that the President has received reliable assurances that such person will not knowingly engage in such activities in the future, except that such sanction shall remain in effect for a period of at least one year.

   Struck: (c) Waiver.--

   Struck: (1) Authorization.--

   Struck: (A) In general.--The President may waive the requirements in section 105(a) or 105(b)(2) of this Act to impose a sanction or sanctions, and may waive, on a case-by-case basis, the continued imposition of a sanction or sanctions under subsection (b) of this section, if the President determines and so reports to the appropriate congressional committees 15 days prior to the exercise of waiver authority that failure to exercise such waiver authority would pose an unusual and extraordinary threat to the vital national security interests of the United States.

   Struck: (B) Contents of report.--Any report under subparagraph (A) shall provide a specific and detailed rationale for a determination made pursuant to such paragraph, including--

   Struck: (i) a description of the conduct that resulted in the determination under section 105(a) or section 105(b)(2) of this Act, as the case may be;

   Struck: (ii) in the case of a foreign person, an explanation of the efforts to secure the cooperation of the government with primary jurisdiction over such person to terminate or, as appropriate, penalize the activities that resulted in the determination under section 105(a) or 105(b)(2) of this Act, as the case may be;

   Struck: (iii) an estimate of the significance of the conduct of the person concerned in contributing to the ability of Iran to develop petroleum resources, produce refined petroleum products, or import refined petroleum products; and

   Struck: (iv) a statement as to the response of the United States in the event that the person concerned engages in other activities that would be subject to a sanction or sanctions under section 105(a) or 105(b)(2) of this Act, as the case may be.

   Struck: (2) Waiver with respect to persons in countries that cooperate in multilateral efforts with respect to iran.--

   Struck: (A) In general.--The President may, on a case-by- case basis, waive for a period of not more than 12 months the application of section 105(a) of this Act with respect to a person if the President, at least 30 days before the waiver is to take effect--

   ([struck: i][inserted: 2]) [struck: certifies][inserted: submits] to the appropriate congressional committees [inserted: a report ]that[struck: --][inserted: contains the reasons for that determination.]

   Struck: (I) the government with primary jurisdiction over the person is closely cooperating with the United States in multilateral efforts to prevent Iran from--

   Struck: (aa) acquiring or developing chemical, biological, or nuclear weapons or related technologies; or

   Struck: (bb) acquiring or developing destabilizing numbers and types of advanced conventional weapons; and

   Struck: (II) such a waiver is vital to the national security interests of the United States; and

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   Struck: (ii) submits to the appropriate congressional committees a report identifying--

   Struck: (I) the person with respect to which the President waives the application of sanctions; and

   Struck: (II) the actions taken by the government described in clause (i)(I) to cooperate in multilateral efforts described in that clause.

   Struck: (B) Subsequent renewal of waiver.--At the conclusion of the period of a waiver under subparagraph (A), the President may renew the waiver--

   Struck: (i) if the President determines, in accordance with subparagraph (A), that the waiver is appropriate; and

   Struck: (ii) for subsequent periods of not more than 12 months each.

   Struck: (3) Publication in the federal register.--Not later than 15 days after any waiver authority is exercised pursuant to paragraph (1) or (2) of this subsection, the name of the person or entity with respect to which sanctions are being waived shall be published in the Federal Register.

   Struck: SEC. 110. REPORTS REQUIRED.

   Struck: (a) Report on Certain International Initiatives.--Not later than 180 days after the date of the enactment of this Act and every 180 days thereafter, the President shall transmit to the appropriate congressional committees a report describing--

   Struck: (1) the efforts of the President to mount a multilateral campaign to persuade all countries to pressure Iran to cease its nuclear, chemical, biological, and missile weapons programs and its support of acts of international terrorism;

   Struck: (2) the efforts of the President to persuade other governments to ask Iran to reduce in the countries of such governments the presence of Iranian diplomats and representatives of other government and military or quasi- governmental institutions of Iran, and to withdraw any such diplomats or representatives who participated in the takeover of the United States Embassy in Tehran, Iran, on November 4, 1979, or the subsequent holding of United States hostages for 444 days;

   Struck: (3) the extent to which the International Atomic Energy Agency has established regular inspections of all nuclear facilities in Iran, including those facilities presently under construction; and

   Struck: (4) Iran's use of Iranian diplomats and representatives of other government and military or quasi-governmental institutions of Iran to promote acts of international terrorism or to develop or sustain Iran's nuclear, chemical, biological, or missile weapons programs.

   Struck: (b) Report on Effectiveness of Actions Under This Act.--Not later than 180 days after the date of the enactment of this Act and annually thereafter, the President shall transmit to Congress a report that describes--

   Struck: (1) the extent to which actions relating to trade taken pursuant to this title have--

   Struck: (A) been effective in achieving the policy objective described in section 103 of this Act and any other foreign policy or national security objectives of the United States with respect to Iran; and

   Struck: (B) affected humanitarian interests in Iran, the country in which a sanctioned person is located, or in other countries; and

   Struck: (2) the impact of actions relating to trade taken pursuant to this title on other national security, economic, and foreign policy interests of the United States, including relations with countries friendly to the United States, and on the United States economy. The President may include in such reports the President's recommendation on whether or not this Act should be terminated or modified.

   Struck: (c) Other Reports.--The President shall ensure the continued transmittal to Congress of reports describing--

   Struck: (1) the nuclear and other military capabilities of Iran, as required under section 601(a) of the Nuclear Non-Proliferation Act of 1978 and section 1607 of the National Defense Authorization Act for Fiscal Year 1993; and

   Struck: (2) the support provided by Iran for acts of international terrorism, as part of the Department of State's annual reports on international terrorism.

   Struck: (d) Reports on Global Trade Relating to Iran.--Not later than 180 days after the date of the enactment of the this Act and annually thereafter, the President shall transmit to the appropriate congressional committees a report, with respect to the most recent 12- month period for which data are available, on the dollar value amount of trade, including in the energy sector, between Iran and each country maintaining membership in the Group of 20 Finance Ministers and Central Bank Governors.

   Struck: SEC. 111. DETERMINATIONS NOT REVIEWABLE.

   Struck: A determination to impose sanctions under this title shall not be reviewable in any court.

   Struck: SEC. 112. DEFINITIONS.

   Struck: In this title:

   Struck: (1) Act of international terrorism.--The term "act of international terrorism" has the meaning given such term in section 2331 of title 18, United States Code.

   Struck: (2) Appropriate congressional committees.--The term "appropriate congressional committees" means--

   Struck: (A) the Committee on Ways and Means, the Committee on Banking and Financial Services, the Committee on Financial Services, and the Committee on Foreign Affairs of the House of Representatives; and

   Struck: (B) the Committee on Finance, the Committee on Banking, Housing, and Urban Affairs, and the Committee on Foreign Relations of the Senate.

   Struck: (3) Component part.--The term "component part" has the meaning given such term in section 11A(e)(1) of the Export Administration Act of 1979 (50 U.S.C. App. 2410a(e)(1)).

   Struck: (4) Credible information.--The term "credible information" means, with respect to a person, such person's public announcement of an investment described in section 105 of this Act, Iranian governmental announcements of such an investment, reports to stockholders, annual reports, industry reports, Government Accountability Office products, State and local government reports, and trade publications.

   Struck: (5) Develop and development.--The terms "develop" and "development" mean the exploration for, or the extraction, refining, or transportation by pipeline of, petroleum resources.

   Struck: (6) Financial institution.--The term "financial institution" includes--

   Struck: (A) a depository institution (as defined in section 3(c)(1) of the Federal Deposit Insurance Act), including a branch or agency of a foreign bank (as defined in section 1(b)(7) of the International Banking Act of 1978);

   Struck: (B) a credit union;

   Struck: (C) a securities firm, including a broker or dealer;

   Struck: (D) an insurance company, including an agency or underwriter; and

   Struck: (E) any other company that provides financial services including joint ventures with Iranian entities both inside and outside of Iran and partnerships or investments with Iranian government-controlled entities or affiliated entities.

   Struck: (7) Finished product.--The term "finished product" has the meaning given such term in section 11A(e)(2) of the Export Administration Act of 1979 (50 U.S.C. App. 2410a(e)(2)).

   Struck: (8) Foreign person.--The term "foreign person" means--

   Struck: (A) an individual who is not a United States person or an alien lawfully admitted for permanent residence into the United States; or

   Struck: (B) a corporation, partnership, joint venture, cooperative venture, or other nongovernmental entity which is not a United States person.

   Struck: (9) Foreign terrorist organization.--The term "foreign terrorist organization" means an organization designated by the Secretary of State as a foreign terrorist organization in accordance with section 219(a) of the Immigration and Nationality Act (8 U.S.C. 1189(a)).

   Struck: (10) Goods and technology.--The terms "goods" and "technology" have the meanings given such terms in section 16 of the Export Administration Act of 1979 (50 U.S.C. App. 2415).

   Struck: (11) Investment.--The term "investment" means any of the following activities if any of such activities is undertaken pursuant to an agreement, or pursuant to the exercise of rights under such an agreement, that is entered into with the Government of Iran or a nongovernmental entity in Iran, on or after the date of the enactment of this Act:

   Struck: (A) The entry into a contract that includes responsibility for the development of petroleum resources located in Iran, or the entry into a contract providing for the general supervision and guarantee of another person's performance of such a contract.

   Struck: (B) The purchase of a share of ownership, including an equity interest, in the development described in subparagraph (A).

   Struck: (C) The entry into a contract providing for the participation in royalties, earnings, or profits in the development described in subparagraph (A), without regard to the form of such participation.

   Struck: (D) The provision of goods, services, or technology related to petroleum resources.

   Struck: (12) Iran.--The term "Iran" includes any agency or instrumentality of Iran.

   Struck: (13) Iranian diplomats and representatives of other government and military or quasi-governmental institutions of iran.--The term "Iranian diplomats and representatives of other government and military or quasi-governmental institutions of Iran" includes employees, representatives, or affiliates of Iran's--

   Struck: (A) Foreign Ministry;

   Struck: (B) Ministry of Intelligence and Security;

   Struck: (C) Revolutionary Guard Corps and affiliated entities;

   Struck: (D) Crusade for Reconstruction;

   Struck: (E) Qods (Jerusalem) Forces;

   Struck: (F) Interior Ministry;

   Struck: (G) Foundation for the Oppressed and Disabled;

   Struck: (H) Prophet's Foundation;

   Struck: (I) June 5th Foundation;

   Struck: (J) Martyr's Foundation;

   Struck: (K) Islamic Propagation Organization; and

   Struck: (L) Ministry of Islamic Guidance.

   Struck: (14) 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 of such conduct, circumstance, or result.

   Struck: (15) Nuclear explosive device.--The term "nuclear explosive device" means any device, whether assembled or disassembled, that is designed to produce an instantaneous release of an amount of nuclear energy from special nuclear material (as defined in section 11(aa) of the Atomic Energy Act of 1954 (42 U.S.C. 2014(aa))) that is greater than the amount of energy that would be released from the detonation of one pound of trinitrotoluene (TNT).

   Struck: (16) Person.--

   Struck: (A) In general.--The term "person" means--

   Struck: (i) a natural person;

   Struck: (ii) a corporation, business association, partnership, society, trust, financial institution, insurer, underwriter, guarantor, or any other business organization, any other nongovernmental entity, organization, or group, and any governmental entity operating as a business enterprise; and

   Struck: (iii) any successor to any entity described in clause (ii).

   Struck: (B) Exclusion.--The term "person" does not include a government or governmental entity that is not operating as a business enterprise.

   Struck: (17) Petroleum resources.--The term "petroleum resources" includes petroleum and natural gas resources, refined petroleum products, oil or liquefied natural gas, oil or liquefied natural gas tankers, and products used to construct or maintain pipelines used to transport oil or liquefied natural gas.

   Struck: (18) Refined petroleum products.--The term "refined petroleum products" means diesel, gasoline, jet fuel (including naphtha-type and kerosene-type jet fuel), and aviation gasoline.

   Struck: (19) United states or state.--The terms "United States" and "State" mean the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, the United States Virgin Islands, and any other territory or possession of the United States.

   Struck: (20) United states person.--The term "United States person" means--

   Struck: (A) a natural person who is a citizen of the United States or who owes permanent allegiance to the United States; and

   Struck: (B) a corporation or other legal entity that is organized under the laws of the United States or any State if a natural person described in subparagraph (A) owns more than 50 percent of the outstanding capital stock or other beneficial interest in such corporation or legal entity.

   Struck: SEC. 113. EFFECTIVE DATE.

   Struck: This title shall take effect on the date of the enactment of this Act and shall apply with respect to an investment or activity described in subsection (a) or (b) of section 105 of this Act that is commenced on or after such date of enactment.

   Struck: SEC. 114. REPEAL.

   Struck: (a) In General.--The Iran Sanctions Act of 1996 (50 U.S.C. 1701 note) is repealed.

   Struck: (b) Conforming Amendments.--The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195; 22 U.S.C. 8501 et seq.) is amended--

   Struck: (1) in section 103(b)(3)(E), by striking "section 14 of the Iran Sanctions Act of 1996 (Public Law 104-172; 50 U.S.C. 1701 note)" and inserting "section 112 of the Iran Threat Reduction Act of 2011";

   Struck: (2) in section 111(a)(1), by striking "section 5 of the Iran Sanctions Act of 1996, as amended by section 102 of this Act" and inserting "section 105 of the Iran Threat Reduction Act of 2011";

   Struck: (3) in section 112(3), by striking "Iran Sanctions Act of 1996, as amended by section 102 of this Act," and inserting "Iran Threat Reduction Act of 2011"; and

   Struck: (4) in section 201(2), by striking "section 14 of the Iran Sanctions Act of 1996 (Public Law 104-172; 50 U.S.C. 1701 note)" and inserting "section 112 of the Iran Threat Reduction Act of 2011".

   Struck: (c) References.--Any reference in a law, regulation, document, or other record of the United States to the Iran Sanctions Act of 1996 shall be deemed to be a reference to this title.

   Struck: (d) Federal Acquisition Regulation.--Notwithstanding the repeal made by subsection (a), the modification to the Federal Acquisition Regulation made pursuant to section 6(b)(1) of the Iran Sanctions Act of 1996 shall continue in effect until the modification to such Regulation that is made pursuant to section 106(b)(1) of this Act takes effect.

   Struck: TITLE II--IRAN FREEDOM SUPPORT

   Struck: SEC. 201. CODIFICATION OF SANCTIONS.

   Struck: United States sanctions with respect to Iran imposed pursuant to--

   Struck: (1) sections 1 and 3 of Executive Order No. 12957;

   Struck: (2) sections 1(e), 1(g), and 3 of Executive Order No. 12959;

   Struck: (3) sections 2, 3, and 5 of Executive Order No. 13059;

   Struck: (4) sections 1, 5, 6, 7, and 8 of Executive Order No. 13553; or

   Struck: (5) sections 1, 2, and 5 of Executive Order No. 13574,

   Struck: as in effect on September 1, 2011, shall remain in effect until the President certifies to the appropriate congressional committees, at least 90 days before the removal of such sanctions, that the Government of Iran has verifiably dismantled its nuclear weapons program, its biological and chemical weapons programs, its ballistic missile development programs, and ceased its support for international terrorism.

   Struck: SEC. 202. LIABILITY OF PARENT COMPANIES FOR VIOLATIONS OF SANCTIONS BY FOREIGN SUBSIDIARIES.

   Inserted: (d) Rule of Construction.--Nothing in this section shall be construed to limit the authority of the President to designate persons for the imposition of sanctions pursuant to Executive Order 13382 (70 Fed. Reg. 38567; relating to the blocking of property of weapons of mass destruction proliferators and their supporters) or Executive Order 13224 (66 Fed. Reg. 49079; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism), or otherwise pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

   Inserted: SEC. 212. IMPOSITION OF SANCTIONS WITH RESPECT TO SUBSIDIARIES AND AGENTS OF PERSONS SANCTIONED BY UNITED NATIONS SECURITY COUNCIL RESOLUTIONS.

   Inserted: (a) In General.--Section 104(c)(2)(B) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513(c)(2)(B)) is amended--

   Inserted: (1) by striking "of a person subject" and inserting the following: "of--

   Inserted: "(i) a person subject";

   Inserted: (2) in clause (i), as redesignated, by striking the semicolon and inserting "; or"; and

   Inserted: (3) by adding at the end the following:

   Inserted: "(ii) a person acting on behalf of or at the direction of, or owned or controlled by, a person described in clause (i);".

   Inserted: (b) Regulations.--Not later than 90 days after the date of the enactment of this Act, the Secretary of the Treasury shall make such revisions to the regulations prescribed under section 104 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513) as are necessary to carry out the amendments made by subsection (a).

   Inserted: SEC. 213. LIABILITY OF PARENT COMPANIES FOR VIOLATIONS OF SANCTIONS BY FOREIGN SUBSIDIARIES.

   (a) Definitions.--In this section:

   (1) Entity.--The term "entity" means a partnership, association, trust, joint venture, corporation, or other organization.

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   (2) Own or control.--The term "own or control" means, with respect to an entity--

   (A) to hold more than 50 percent of the equity interest by vote or value in the entity;

   (B) to hold a majority of seats on the board of directors of the entity; or

   (C) to otherwise control the actions, policies, or personnel decisions of the entity.

   Struck: (3) Subsidiary.--The term "subsidiary" means an entity that is owned or controlled by a United States person.

   Struck: (4) United states person.--The term "United States person" means--

   Struck: (A) a natural person who is a citizen, resident, or national of the United States; and

   Struck: (B) an entity that is organized under the laws of the United States, any State or territory thereof, or the District of Columbia, if natural persons described in subparagraph (A) own or control the entity.

   (b) [struck: In General][inserted: Prohibition].--[struck: A United States person shall be subject to a penalty for a violation ][inserted: Not later than 60 days after the date ]of the [struck: provisions][inserted: enactment] of [struck: Executive Order No. 12959 (50 U.S.C. 1701 note) ][inserted: this Act, the President shall prohibit an entity owned ]or [struck: Executive Order No. 13059 (50 U.S.C. 1701 note),][inserted: controlled by a United States person and established] or [struck: any other prohibition on transactions with respect to Iran imposed under the authority of][inserted: maintained outside the United States from engaging in any transaction directly or indirectly with] the [struck: International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.), if ][inserted: Government of Iran or any person subject to ]the [struck: President determines][inserted: jurisdiction of] that [struck: a subsidiary of the United States person that is established or maintained outside][inserted: Government that would be prohibited by an order or regulation issued pursuant to] the [struck: United States engages in an act that, if committed in ][inserted: International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) if ]the [struck: United States or ][inserted: transaction were engaged in ]by a United States person[struck: , would violate such provisions][inserted: or in the United States].

   Struck: (c) Effective Date.--

   Struck: (1) In general.--Subsection (b) shall take effect on the date of the enactment of this Act and apply with respect to acts described in subsection (b)(2) that are--

   Struck: (A) commenced on or after the date of the enactment of this Act; or

   Struck: (B) except as provided in paragraph (2), commenced before such date of enactment, if such acts continue on or after such date of enactment.

   Inserted: (c) Civil Penalty.--The civil penalties provided for in section 206(b) of the International Emergency Economic Powers Act (50 U.S.C. 1705(b)) shall apply to a United States person to the same extent that such penalties apply to a person that commits an unlawful act described in section 206(a) of that Act if an entity owned or controlled by the United States person and established or maintained outside the United States violates, attempts to violate, conspires to violate, or causes a violation of any order or regulation issued to implement subsection (b).

   ([struck: 2][inserted: d]) [struck: Exception][inserted: Applicability].--Subsection ([struck: b][inserted: c]) shall not apply with respect to [struck: an act][inserted: a transaction] described in [struck: paragraph][inserted: subsection] ([struck: 1][inserted: b])[struck: (B)] by [struck: a subsidiary][inserted: an entity] owned or controlled by a United States person [inserted: and established or maintained outside the United States ]if the United States person divests or terminates its business with the [struck: subsidiary][inserted: entity] not later than [struck: 90 ][inserted: the date that is 180 ]days after the date of the enactment of this Act.

   Struck: SEC. 203. DECLARATION OF CONGRESS REGARDING UNITED STATES POLICY TOWARD IRAN.

   Struck: It shall be the policy of the United States to support those individuals in Iran seeking a free, democratic government that respects the rule of law and protects the rights of all citizens.

   Struck: SEC. 204. ASSISTANCE TO SUPPORT DEMOCRACY IN IRAN.

   Struck: (a) Assistance Authorized.--The President is authorized to provide financial and political assistance (including the award of grants) to foreign and domestic individuals, organizations, and entities that support democracy and the promotion of democracy in Iran. Such assistance may include the award of grants to eligible independent prodemocracy broadcasting organizations and new media that broadcast into Iran.

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   Struck: (b) Eligibility for Assistance.--Financial and political assistance authorized under this section shall be provided only to an individual, organization, or entity that--

   Struck: (1) officially opposes the use of violence and terrorism and has not been designated as a foreign terrorist organization under section 219(a) of the Immigration and Nationality Act (8 U.S.C. 1189(a)) at any time during the preceding 4 years;

   Struck: (2) advocates the adherence by Iran to nonproliferation regimes for nuclear, chemical, and biological weapons and materiel;

   Struck: (3) is dedicated to democratic values and supports the adoption of a democratic form of Government in Iran;

   Struck: (4) is dedicated to respect for human rights, including the fundamental equality of women;

   Struck: (5) works to establish equality of opportunity for all people; and

   Struck: (6) supports freedom of the press, freedom of speech, freedom of association, and freedom of religion.

   Struck: (c) Funding.--Financial and political assistance authorized under this section may only be provided using funds available to the Middle East Partnership Initiative (MEPI), the Broader Middle East and North Africa Initiative, the Human Rights and Democracy Fund, and the Near East Regional Democracy Fund.

   Struck: (d) Notification.--Not later than 15 days before each obligation of assistance under this section, and in accordance with the procedures under section 634A of the Foreign Assistance Act of 1961 (22 U.S.C. 2394-l), the President shall notify the Committee on Foreign Affairs and the Committee on Appropriations of the House of Representatives and the Committee on Foreign Relations and the Committee on Appropriations of the Senate of such obligation of assistance. Such notification shall include, as practicable, a description of the types of programs supported by such assistance and an identification of the recipients of such assistance.

   Struck: (e) Sense of Congress Regarding Diplomatic Assistance.--It is the sense of Congress that--

   Struck: (1) contacts should be expanded with opposition groups in Iran that meet the criteria for eligibility for assistance under subsection (b);

   Struck: (2) support for those individuals seeking democracy in Iran should be expressed by United States representatives and officials in all appropriate international fora; and

   Struck: (3) officials and representatives of the United States should--

   Struck: (A) strongly and unequivocally support indigenous efforts in Iran calling for free, transparent, and democratic elections; and

   Struck: (B) draw international attention to violations by the Government of Iran of human rights, freedom of religion, freedom of assembly, and freedom of the press.

   Struck: SEC. 205. IMPOSITION OF SANCTIONS ON CERTAIN PERSONS WHO ARE RESPONSIBLE FOR OR COMPLICIT IN HUMAN RIGHTS ABUSES COMMITTED AGAINST CITIZENS OF IRAN OR THEIR FAMILY MEMBERS AFTER THE JUNE 12, 2009, ELECTIONS IN IRAN.

   Struck: (a) List of Persons Who Are Responsible for or Complicit in Certain Human Rights Abuses; Sanctions on Such Persons.--

   Struck: (1) In general.--Not later than 90 days after the date of the enactment of this Act, the President shall transmit to the appropriate congressional committees a list of all persons who are senior officials of the Government of Iran, including the Supreme Leader, the President, Members of the Cabinet, Members of the Assembly of Experts, Members of the Ministry of Intelligence Services, or any Member of the Iranian Revolutionary Guard Corps with the rank of brigadier general and above, including members of paramilitary organizations such as Ansar-e-Hezbollah and Basij-e Mostaz'afin.

   Struck: (2) Certification.--The President shall impose on the persons specified in the list under paragraph (1) the sanctions described in subsection (b). The President shall exempt any such person from such imposition if the President determines and certifies to the appropriate congressional committees that such person, based on credible evidence, is not responsible for or complicit in, or responsible for ordering, controlling, or otherwise directing, the commission of serious human rights abuses against citizens of Iran or their family members on or after June 12, 2009, regardless of whether such abuses occurred in Iran.

   Struck: (3) Updates of list.--The President shall transmit to the appropriate congressional committees an updated list under paragraph (1)--

   Struck: (A) not later than every 60 days beginning after the date of the initial transmittal under such paragraph; and

   Struck: (B) as new information becomes available.

   Struck: (4) Form of report; public availability.--

   Struck: (A) Form.--The list required under paragraph (1) shall be submitted in unclassified form but may contain a classified annex.

   Struck: (B) Public availability.--The unclassified portion of the list required under paragraph (1) shall be made available to the public and posted on the Web sites of the Department of the Treasury and the Department of State.

   Struck: (5) Consideration of data from other countries and nongovernmental organizations.--In preparing the list required under paragraph (1), the President shall consider credible data already obtained by other countries and nongovernmental organizations, including organizations in Iran, that monitor the human rights abuses of the Government of Iran.

   Struck: (b) Sanctions Described.--The sanctions described in this subsection are ineligibility for a visa to enter the United States and sanctions described in section 106 of this Act, subject to such regulations as the President may prescribe, including regulatory exceptions to permit the United States to comply with the Agreement between the United Nations and the United States of America regarding the Headquarters of the United Nations, signed June 26, 1947, and entered into force November 21, 1947, and other applicable international obligations (c) Termination of Sanctions.--The provisions of this section shall terminate on the date on which the President determines and certifies to the appropriate congressional committees that the Government of Iran--

   Struck: (1) has unconditionally released all political prisoners, including the citizens of Iran detained in the aftermath of the June 12, 2009, presidential election in Iran;

   Struck: (2) has ceased its practices of violence, unlawful detention, torture, and abuse of citizens of Iran while engaging in peaceful political activity;

   Struck: (3) has conducted a transparent investigation into the killings, arrests, and abuse of peaceful political activists that occurred in the aftermath of the June 12, 2009, presidential election in Iran and prosecuted the individuals responsible for such killings, arrests, and abuse; and

   Struck: (4) has--

   Struck: (A) established an independent judiciary; and

   Struck: (B) is respecting the human rights and basic freedoms recognized in the Universal Declaration of Human Rights.

   Struck: SEC. 206. CLARIFICATION OF SENSITIVE TECHNOLOGIES FOR PURPOSES OF PROCUREMENT BAN.

   Struck: The Secretary of State shall--

   Struck: (1) not later than 90 days after the date of the enactment of this Act, issue guidelines to further describe the goods, services, and technologies that will be considered "sensitive technologies" for purposes of section 106 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8515), and publish those guidelines in the Federal Register;

   Struck: (2) determine the types of goods, services, and technologies that enable any indigenous capabilities that Iran has to disrupt and monitor information and communications in that country, and consider adding descriptions of those items to the guidelines; and

   Struck: (3) periodically review, but in no case less than once each year, the guidelines and, if necessary, amend the guidelines on the basis of technological developments and new information regarding transfers of goods, services, and technologies to Iran and the development of Iran's indigenous capabilities to disrupt and monitor information and communications in Iran.

   Struck: SEC. 207. COMPREHENSIVE STRATEGY TO PROMOTE INTERNET FREEDOM AND ACCESS TO INFORMATION IN IRAN.

   Struck: (a) In General.--Not later than 90 days after the date of the enactment of this Act and annually thereafter, the Secretary of State shall submit to the Committee on Foreign Affairs and the Committee on Appropriations of the House of Representatives and the Committee on Foreign Relations and the Committee on Appropriations of the Senate a comprehensive strategy to--

   Struck: (1) help the people of Iran produce, access, and share information freely and safely via the Internet, including in Farsi and regional languages;

   Struck: (2) support the development of counter-censorship technologies that enable the citizens of Iran to undertake Internet activities without interference from the Government of Iran;

   Struck: (3) increase the capabilities and availability of secure mobile communications among human rights and democracy activists in Iran;

   Struck: (4) provide resources for digital safety training for media, unions, and academic and civil society organizations in Iran;

   Struck: (5) increase the amount of accurate Internet content in local languages in Iran;

   Struck: (6) increase emergency resources for the most vulnerable human rights advocates seeking to organize, share information, and support human rights in Iran;

   Struck: (7) expand surrogate radio, television, live stream, and social network communications inside Iran, including by assisting United States telecommunications and software companies to comply with the United States export licensing process for such purposes;

   Struck: (8) expand activities to safely assist and train human rights, civil society, and union activists in Iran to operate effectively and securely;

   Struck: (9) defeat all attempts by the Government of Iran to jam or otherwise deny international satellite broadcasting signals, including by identifying foreign providers of jamming technology;

   Struck: (10) expand worldwide United States embassy and consulate programming for and outreach to Iranian dissident communities;

   Struck: (11) expand access to proxy servers for democracy activists in Iran; and

   Struck: (12) discourage telecommunication and software companies from facilitating Internet censorship by the Government of Iran.

   Struck: (b) Eligibility for Assistance.--Assistance authorized under the comprehensive stategy required under subsection (a) shall be provided only to an individual, organization, or entity that meets the eligibility criteria in section 204(b) of this Act for financial and political assistance authorized under section section 204(a) of this Act.

   Struck: (c) Form.--The comprehensive strategy required under subsection (a) shall be submitted in unclassified form and may include a classified annex.

   Struck: TITLE III--IRAN REGIME AND IRAN'S ISLAMIC REVOLUTIONARY GUARD CORPS ACCOUNTABILITY

   Struck: SEC. 301. IRAN'S ISLAMIC REVOLUTIONARY GUARD CORPS.

   Struck: (a) Transactions With Iran's Islamic Revolutionary Guard Corps.--No United States person shall knowingly conduct any commercial transaction or financial transaction with, or make any investment in--

   Struck: (1) any person or entity owned or controlled by Iran's Islamic Revolutionary Guard Corps;

   Struck: (2) any instrumentality, subsidiary, affiliate, or agent of Iran's Islamic Revolutionary Guard Corps; or

   Struck: (3) any project, activity, or business owned or controlled by Iran's Islamic Revolutionary Guard Corps.

   Struck: (b) Transactions With Certain Foreign Persons.--No United States person shall knowingly conduct any commercial transaction or financial transaction with, or make any investment in, any foreign person or foreign entity that conducts any transaction with or makes any investment with Iran's Islamic Revolutionary Guard Corps, which, if conducted or made by a United States person, would constitute a violation of subsection (a).

   Struck: (c) Penalties.--Any United States person who violates subsection (a) or (b) shall be subject to 1 or more of the criminal penalties under the authority of section 206(c) of the International Emergency Economic Powers Act (50 U.S.C. 1705).

   Struck: (d) Waiver.--

   Struck: (1) In general.--The President is authorized to waive the restrictions in subsection (a) or (b) on a case-by-case basis if the President determines and notfies the appropriate congressional committees that failure to exercise such waiver authority would pose an unusual and extraordinary threat to the national security interests of the United States.

   Struck: (2) Publication in the federal register.--Not later than 15 days after any waiver authority is exercised pursuant to paragraph (1) of this subsection, the name of the person with respect to which sanctions are being waived shall be published in the Federal Register.

   Struck: (e) Amendments to Code of Federal Regulations.--Not later than 30 days after the date of the enactment of this Act, the President shall amend part 544 of title 31, Code of Federal Regulations ("Weapons of Mass Destruction Proliferators Sanctions Regulations"), to incorporate the provisions of this section.

   Struck: (f) Definitions.--In this section, the terms "foreign person", "knowingly", and "United States person" have the meanings given such terms in section 112 of this Act.

   Struck: SEC. 302. ADDITIONAL EXPORT SANCTIONS AGAINST IRAN.

   Struck: (a) In General.--Notwithstanding section 103(b)(2)(B)(iv) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195; 22 U.S.C. 8512(b)(2)(B)(iv)) or section 1606 of the Iran-Iraq Arms Non-Proliferation Act of 1992 (Public Law 102- 484; 50 U.S.C. 1701 note) or any other provision of law, effective on the date of the enactment of this Act--

   Struck: (1) licenses to export or reexport goods, services, or technology for the repair or maintenance of aircraft of United States origin to Iran may not be issued, and any such license issued before such date of enactment is no longer valid; and

   Struck: (2) goods, services, or technology described in paragraph (1) may not be exported or reexported to Iran.

   Struck: (b) Rule of Construction.--Nothing in this section shall be construed to repeal or otherwise supersede the requirements of section 740.15(d)(4) of title 15, Code of Federal Regulations (relating to reexports of vessels subject to the Export Adminstration Regulations).

   Struck: SEC. 303. SANCTIONS AGAINST AFFILIATES OF IRAN'S ISLAMIC REVOLUTIONARY GUARD CORPS.

   Struck: (a) In General.--Not later than 90 days after the date of the enactment of this Act, and as appropriate thereafter, the President shall identify in, and, in the case of a foreign person or foreign entity not already so designated, shall designate for inclusion in the Annex to Executive Order No. 13382 (70 Fed. Reg. 38567; relating to blocking property of weapons of mass destruction proliferators and their supporters) and shall apply all applicable sanctions of the United States pursuant to Executive Order No. 13382 to each foreign person or foreign entity for which there is a reasonable basis for determining that the person or entity is as an agent, alias, front, instrumentality, official, or affiliate of Iran's Islamic Revolutionary Guard Corps or is an individual serving as a representative of Iran's Islamic Revolutionary Guard Corps.

   Struck: (b) Priority for Investigation.--In carrying out this section, the President shall give priority to investigating foreign persons and foreign entities identified under section 560.304 of title 31, Code of Federal Regulations (relating to the definition of the Government of Iran) and foreign persons and foreign entities for which there is a reasonable basis to suspect that the person or entity has conducted or attempted to conduct one or more sensitive transactions or activities described in subsection (c).

   Struck: (c) Sensitive Transaction or Activity.--A sensitive transaction or activity referred to in subsection (b) is--

   Struck: (1) a transaction to facilitate the manufacture, import, export, or transfer of items needed for the development of nuclear, chemical, biological, or advanced conventional weapons, including ballistic missiles;

   Struck: (2) an attempt to interfere in the internal affairs of Iraq or Afghanistan, or equip or train, or encourage violence by, individuals or groups opposed to the governments of those countries;

   Struck: (3) a transaction relating to the manufacture, procurement, or sale of goods, services, and technology relating to Iran's energy sector, including the development of the energy resources of Iran, export of petroleum products, and import of refined petroleum and refining capacity available to Iran;

   Struck: (4) a transaction relating to the procurement of sensitive technologies (as defined in section 106(c) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195; 22 U.S.C. 8515(c)); or

   Struck: (5) a financial transaction or series of transactions valued at more than $1,000,000 in the aggregate in any 12-month period involving a non-Iranian financial institution.

   Struck: (d) Inadmissiblity to United States.--The Secretary of State shall deny a visa to, and the Secretary of Homeland Security shall deny admission into the United States to, any alien who, on or after the date of the enactment of this Act, is a foreign person designated for inclusion in the Annex to Executive Order No. 13382 pursuant to subsection (a).

   Struck: (e) Rule of Construction.--Nothing in this section shall be construed to remove any sanction of the United States in force against Iran's Islamic Revolutionary Guard Corps as of the date of the enactment of this Act by reason of the fact that Iran's Islamic Revolutionary Guard Corps is an entity of the Government of Iran.

   Struck: SEC. 304. MEASURES AGAINST FOREIGN PERSONS OR ENTITIES SUPPORTING IRAN'S ISLAMIC REVOLUTIONARY GUARD CORPS.

   Struck: (a) Identification and Notification.--The President shall notify the appropriate congressional committees in any case in which the President determines that there is credible information indicating that a foreign person or foreign entity, on or after the date of the enactment of this Act, knowingly--

   Struck: (1) provides material support to Iran's Islamic Revolutionary Guard Corps or any foreign person or foreign entity that is identified pursuant to section 303(a) of this Act as an agent, alias, front, instrumentality, official, or affiliate of Iran's Islamic Revolutionary Guard Corps or an individual serving as a representative of Iran's Islamic Revolutionary Guard Corps; or

   Struck: (2) conducts any commercial transaction or financial transaction with Iran's Islamic Revolutionary Guard Corps or any such person or entity.

   Struck: (b) Waiver.--

   Struck: (1) In general.--Notwithstanding any other provision of this title and subject to paragraph (2), the President is not required to make any identification or designation of or determination with respect to a foreign person or foreign entity for purposes of this title if doing so would cause damage to the national security of the United States through the divulgence of sources and methods of intelligence or other critical classified information.

   Struck: (2) Notice to congress.--The President shall notify Congress of any exercise of the authority of paragraph (1) and shall include in the notification an identification of the foreign person or foreign entity, including a description of the activity or transaction that would have caused the identification, designation, or determination for purposes of this title.

   Struck: (c) Sanctions.--

   Struck: (1) In general.--The President shall apply to each foreign person or foreign entity identified in a notice under subsection (a) for a period determined by the President a majority of the sanctions described in section 106(a) of this Act.

   Struck: (2) Termination.--The President may terminate the sanctions applied to a foreign person or foreign entity pursuant to paragraph (1) if the President determines that the person or entity no longer engages in the activity or activities for which the sanctions were imposed and has provided assurances to the United States Government that it will not engage in the activity or activities in the future.

   Struck: (d) IEEPA Sanctions.--The President may exercise the authorities provided under subparagraphs (A) and (C) of section 203(a)(1) of the International Emergency Economic Powers Act (50 U.S.C. 1702(a)(1)) to impose additional sanctions on each foreign person or foreign entity identified pursuant to subsection (a), for such time as the President may determine, without regard to section 202 of that Act.

   Struck: (e) Waiver.--The President may waive the application of any measure described in subsection (c) with respect to a foreign person or foreign entity if the President--

   Struck: (1)(A) determines that the person or entity has ceased the activity that resulted in the notification under subsection (a) with respect to the person or entity (as the case may be) and has taken measures to prevent its recurrence; or

   Struck: (B) determines and so reports to the appropriate congressional committees 15 days prior to the exercise of waiver authority that failure to exercise such waiver authority would pose an unusual and extraordinary threat to the vital national security interests of the United States; and

   Struck: (2) submits to the appropriate congressional committees a report that contains the reasons for the determination.

   Struck: (f) Foreign Person Defined.--In this section, the term "foreign person" has the meaning given the term in section 112 of this Act.

   Struck: SEC. 305. SPECIAL MEASURES AGAINST FOREIGN COUNTRIES SUPPORTING IRAN'S ISLAMIC REVOLUTIONARY GUARD CORPS.

   Struck: (a) Sanctions.--With respect to any foreign entity identified pursuant to section 304(a) of this Act that is an agency of the government of a foreign country, the President shall, in addition to applying to the entity the sanctions described in section 304(c) of this Act, apply to the agency of the government of the foreign country the following measures:

   Struck: (1) No assistance shall be provided to the agency of the government of the foreign country under the Foreign Assistance Act of 1961, or any successor Act, or the Arms Export Control Act, or any successor Act, other than assistance that is intended to benefit the people of the foreign country directly and that is not provided through governmental agencies or entities of the foreign country.

   Struck: (2) The United States shall oppose any loan or financial or technical assistance to the agency of the government of the foreign country by international financial institutions in accordance with section 701 of the International Financial Institutions Act (22 U.S.C. 262d).

   Struck: (3) The United States shall deny to the agency of the government of the foreign country any credit or financial assistance by any department, agency, or instrumentality of the United States Government.

   Struck: (4) The United States Government shall not approve the sale to the agency of the government of the foreign country any defense articles or defense services or issue any license for the export of items on the United States Munitions List.

   Struck: (5) No exports to the agency of the government of the foreign country shall be permitted of any goods or technologies controlled for national security reasons under the Export Administration Regulations.

   Struck: (6) At the earliest practicable date, the Secretary of State shall terminate, in a manner consistent with international law, the authority of any air carrier that is controlled in fact by the agency of the government of the foreign country to engage in air transportation (as defined in section 40102(5) of title 49, United States Code).

   Struck: (7) Additional restrictions may be imposed in accordance with the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

   Struck: (b) Termination.--The President may terminate the sanctions applied to an entity or government of a foreign country pursuant to subsection (a) if the President determines that the entity or government, as the case may be, no longer engages in the activity or activities for which the sanctions were imposed and has provided assurances to the United States Government that it will not engage in the activity or activities in the future.

   Struck: (c) Waiver.--The President may waive the application of any measure described in subsection (a) with respect to an entity or government of a foreign country if the President--

   Struck: (1)(A) determines that the entity or government, as the case may be, has ceased the activity that resulted in the notification under section 304(a) of this Act with respect to the entity or government and has taken measures to prevent its recurrence; or

   Struck: (B) determines and so reports to the appropriate congressional committees 15 days prior to the exercise of waiver authority that failure to exercise such waiver authority would pose an unusual and extraordinary threat to the vital national security interests of the United States; and

   Struck: (2) submits to the appropriate congressional committees a report that contains the reasons for the determination.

   Struck: SEC. 306. AUTHORITY OF STATE AND LOCAL GOVERNMENTS TO RESTRICT CONTRACTS OR LICENSES FOR CERTAIN SANCTIONABLE PERSONS.

   Struck: Notwithstanding any other provision of law, a State or local government may adopt and enforce measures to prohibit the State or local government, as the case may be, from entering into or renewing any contract with, or granting to or renewing any license for persons that conduct business operations in Iran described in section 309 of this Act.

   Struck: SEC. 307. IRANIAN ACTIVITIES IN IRAQ AND AFGHANISTAN.

   Struck: (a) Freezing of Assets.--In accordance with subsection (b), all property and interests in property of the foreign persons described in Executive Order No. 13382 and Executive Order No. 13224, or their affiliates, that are in the United States, that on or after the date of the enactment of this Act come within the United States, or that on or after the date of the enactment of this Act come within the possession or control of United States persons, are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in with respect to any such person determined by the Secretary of State, in consultation with the Secretary of the Treasury and the Secretary of Defense to--

   Struck: (1) have committed, or to pose a significant risk of committing, an act or acts of violence that have the purpose or effect of threatening United States efforts to promote security and stability in Iraq and Afghanistan;

   Struck: (2) have knowingly and materially assisted, sponsored, or provided financial, material, logistical, or technical support for, or goods or services in support of, such an act or acts of violence or any person or entity whose property and interests in property are blocked pursuant this subsection; or

   Struck: (3) be owned or controlled by, or to have acted or purported to act for or on behalf of any person whose property and interests in property are blocked pursuant to this subsection.

   Struck: (b) Description of Prohibitions.--The prohibitions described in subsection (a) include--

   Struck: (1) the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any person whose property and interests in property are blocked; and

   Struck: (2) the receipt of any contribution or provision of funds, goods, or services from any such person.

   Struck: (c) Findings.--Congress finds that--

   Struck: (1) an increase in both the quantity and quality of Iranian arms shipments and technological expertise to the Iraqi insurgents, the Taliban, other terrorist organizations and criminal elements has the potential to significantly change the battlefield in both Iraq and Afghanistan, and lead to a large increase in United States, International Security Assistance Force, Coalition and Iraqi and Afghan casualties; and

   Struck: (2) an increase in Iranian activity and influence in Iraq threatens the safety and welfare of the residents of Camp Ashraf.

   Struck: (d) Statement of Policy.--It shall be the policy of the United States to urge the Government of Iraq to--

   Struck: (1) uphold its commitments to the United States to ensure the continued well-being of those individuals living in Camp Ashraf;

   Struck: (2) prevent the involuntary return of such individuals to Iran in accordance with the United States Embassy Statement on Transfer of Security Responsibility for Camp Ashraf of December 28, 2008; and

   Struck: (3) not close Camp Ashraf until the United Nations High Commission for Refugees can complete its process, recognize as political refugees the residents of Camp Ashraf who do not wish to go back to Iran, and resettle them in third countries.

   Struck: (e) Definitions.--In this section, the terms "foreign person" and "United States person" have the meanings given such terms in section 112 of this Act.

   Struck: SEC. 308. UNITED STATES POLICY TOWARD IRAN.

   Struck: (a) National Strategy Required.--The President shall develop a strategy, to be known as the "National Strategy to Counter Iran", that provides strategic guidance for activities that support the objective of addressing, countering, and containing the threats posed by Iran.

   Struck: (b) Annual Report.--

   Struck: (1) In general.--Not later than January 30 of each year, the President shall transmit to the appropriate congressional committees a report on the current and future strategy of the United States toward Iran, and the implementation of the National Strategy to Counter Iran required under subsection (a).

   Struck: (2) Form.--If the President considers it appropriate, the report required under this subsection, or appropriate parts thereof, may be transmitted in classified form.

   Struck: (c) Matters to Be Included.--The report required under subsection (b) shall include a description of the security posture and objectives of Iran, including at least the following:

   Struck: (1) A description and assessment of Iranian grand strategy and security strategy, including--

   Struck: (A) the goals of Iran's grand strategy and security strategy, and strategic objectives; and

   Struck: (B) Iranian strategy to achieve such objectives in the Middle East, Europe, Africa, Western Hemisphere, and Asia.

   Struck: (2) An assessment of the capabilities of Iran's conventional forces and Iran's unconventional forces, including--

   Struck: (A) the size and capabilities of Iran's conventional forces and Iran's unconventional forces;

   Struck: (B) an analysis of the formal and informal national command authority for Iran's conventional forces and Iran's unconventional forces;

   Struck: (C) the size and capability of Iranian foreign and domestic intelligence and special operations units, including the Iranian Revolutionary Guard Corps-Quds Force;

   Struck: (D) a description and analysis of Iranian military doctrine;

   Struck: (E) the types and amount of support, including funding, lethal and nonlethal supplies, and training, provided to groups designated by the United States as foreign terrorist organizations and regional militant groups; and

   Struck: (F) an estimate of the levels of funding and funding and procurement sources by Iran to develop and support Iran's conventional forces and Iran's unconventional forces.

   Struck: (3) An assessment of Iranian strategy and capabilities related to nuclear, unconventional, and missile forces development, including--

   Struck: (A) a summary and analysis of nuclear weapons capabilities;

   Struck: (B) an estimate of the amount and sources of funding expended by, and an analysis of procurement networks utilized by, Iran to develop its nuclear weapons capabilities;

   Struck: (C) a summary of the capabilities of Iran's unconventional weapons and Iran's ballistic missile forces and Iran's cruise missile forces, including developments in the preceding year, the size of Iran's ballistic missile forces and Iran's cruise missile forces, and the locations of missile launch sites;

   Struck: (D) a detailed analysis of the effectiveness of Iran's unconventional weapons and Iran's ballistic missile forces and Iran's cruise missile forces; and

   Struck: (E) an estimate of the amount and sources of funding expended by, and an analysis of procurement networks utilized by, Iran on programs to develop a capability to develop unconventional weapons and Iran's ballistic missile forces and Iran's cruise missile forces.

   Struck: (4) The Government of Iran's economic strategy, including--

   Struck: (A) sources of funding for the activities of the Government of Iran described in this section;

   Struck: (B) the role of the Government of Iran in the formal and informal sector of the domestic Iranian economy;

   Struck: (C) evasive and other efforts by the Government of Iran to circumvent international and bilateral sanctions regimes;

   Struck: (D) the effect of bilateral and multilateral sanctions on the ability of Iran to implement its grand strategy and security strategy described in paragraph (1); and

   Struck: (E) Iran's strategy and efforts to leverage economic and political influence, cooperation, and activities in the Middle East Europe, Africa, Western Hemisphere, and Asia.

   Struck: (5) Key vulnerabilities identified in paragraph (1), and an implementation plan for the National Strategy to Counter Iran required under subsection (a).

   Struck: (6) The United States strategy to--

   Struck: (A) address and counter the capabilities of Iran's conventional forces and Iran's unconventional forces;

   Struck: (B) disrupt and deny Iranian efforts to develop or augment capabilities related to nuclear, unconventional, and missile forces development;

   Struck: (C) address the Government of Iran's economic strategy to enable the objectives described in this subsection; and

   Struck: (D) exploit key vulnerabilities identified in this subsection.

   Struck: (7) An implementation plan for United States strategy described in under paragraph (6).

   Struck: (d) Classified Annex.--The reports required under subsection (b) shall be in unclassified form to the greatest extent possible, and may include a classified annex where necessary.

   Struck: (e) Appropriate Congressional Committees.--In this section, the term "appropriate congressional committees" means--

   Struck: (1) the Committee on Foreign Affairs, the Committee on Armed Services, the Committee on Appropriations, the Committee on Ways and Means, and the Permanent Select Committee on Intelligence of the House of Representatives; and

   Struck: (2) the Committee on Foreign Relations, the Committee on Armed Services, the Committee on Appropriations, the Committee on Finance, and the Permanent Select Committee on Intelligence of the Senate.

   Struck: SEC. 309. DEFINITIONS.

   Struck: Except as otherwise provided, in this title:

   Struck: (1) Appropriate congressional committees.--The term "appropriate congressional committees" means--

   Struck: (A) the Committee on Foreign Affairs, the Committee on Appropriations, the Committee on Ways and Means, and the Permanent Select Committee on Intelligence of the House of Representatives; and

   Struck: (B) the Committee on Foreign Relations, the Committee on Appropriations, the Committee on Finance, and the Permanent Select Committee on Intelligence of the Senate.

   Struck: (2) Iran's ballistic missile forces.--The term "Iran's ballistic missile forces" includes ballistic missiles, goods, and associated equipment and those elements of the Government of Iran that employ such ballistic missiles, goods, and associated equipment.

   Struck: (3) Iran's ballistic missile and unconventional weapons.-- The term "Iran's ballistic missile and unconventional weapons" means Iran's ballistic missile forces and chemical, biological, and radiological weapons programs.

   Struck: (4) Iran's cruise missile forces.--The term "Iran's cruise missile forces" includes cruise missile forces, goods, and associated equipment and those elements of the Government of Iran that employ such cruise missiles capable of flights less than 500 kilometers, goods, and associated equipment.

   Struck: (5) Iran's conventional forces.--The term "Iran's conventional forces"--

   Struck: (A) means military forces of Iran designed to conduct operations on sea, air, or land, other than Iran's unconventional forces and Iran's ballistic missile forces and Iran's cruise missile forces; and

   Struck: (B) includes Iran's Army, Air Force, Navy, domestic law enforcement, and elements of the Iran's Islamic Revolutionary Guard Corps, other than Iran's Islamic Revolutionary Guard Corps-Quds Force.

   Struck: (6) Iran's unconventional forces.--The term "Iran's unconventional forces"--

   Struck: (A) means forces of Iran that carry out missions typically associated with special operations forces; and

   Struck: (B) includes--

   Struck: (i) the Iran's Islamic Revolutionary Guard Corps-Quds Force;

   Struck: (ii) paramilitary organizations;

   Struck: (iii) formal and informal intelligence agencies and entities; and

   Struck: (iv) any organization that--

   Struck: (I) has been designated as a foreign terrorist organization under section 219(a) of the Immigration and Nationality Act (8 U.S.C. 1189(a));

   Struck: (II) receives assistance from Iran; and

   Struck: (III) is assessed--

   Struck: (aa) as being willing in some or all cases of carrying out attacks on behalf of Iran; or

   Struck: (bb) as likely to carry out attacks in response to an attack by another country on Iran or its interests.

   Struck: (7) Affiliate.--The term "affiliate" means any individual or entity that controls, is controlled by, or is under common control with, the company, including without limitation direct and indirect subsidiaries of the company.

   Struck: (8) Business operations.--The term "business operations" means--

   Struck: (A) carrying out any of the activities described in section 105(a) and (b) of this Act that are sanctionable under such section;

   Struck: (B) providing sensitive technology (as defined in section 106(c) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195; 22 U.S.C. 8515(c))) to the Government of Iran; and

   Struck: (C) carrying out any of the activities described in section 304(a) of this Act .

   Struck: (9) Company.--The term "company" means--

   Struck: (A) a sole proprietorship, organization, association, corporation, partnership, limited liability company, venture, or other entity, its subsidiary or affiliate; and

   Struck: (B) includes a company owned or controlled by the government of a foreign country, that is established or organized under the laws of, or has its principal place of business in, such foreign country and includes United States subsidiaries of the same.

   Struck: (10) Entity.--The term "entity" means a sole proprietorship, a partnership, limited liability corporation, association, trust, joint venture, corporation, or other organization.

   Struck: (11) Executive agency.--The term "executive agency" has the meaning given the term in section 133 of title 41, United States Code.

   Struck: (12) Government of iran.--The term "Government of Iran" includes the Government of Iran, any political subdivision, agency, or instrumentality thereof, and any person owned or controlled by, or acting for or on behalf of, the Government of Iran.

   Struck: (13) Petroleum resources.--The term "petroleum resources" has the meaning given the term in section 112 of this Act.

   Struck: (14) Sensitive technology.--The term "sensitive technology" has the meaning given the term in section 106(c) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195; 22 U.S.C. 8515(c)).

   Struck: SEC. 310. RULE OF CONSTRUCTION.

   Struck: Nothing in this title shall be construed to limit the authority of the President to otherwise designate foreign persons or foreign entities for inclusion in the Annex to Executive Order No. 13382 (70 Fed. Reg. 38567; relating to blocking property of weapons of mass destruction proliferators and their supporters).

   Struck: TITLE IV--IRAN FINANCIAL SANCTIONS; DIVESTMENT FROM CERTAIN COMPANIES THAT INVEST IN IRAN; AND PREVENTION OF DIVERSION OF CERTAIN GOODS, SERVICES, AND TECHNOLOGIES TO IRAN

   Struck: SEC. 401. IRAN FINANCIAL SANCTIONS.

   Struck: (a) Financial Institution Certification.--Section 104(e) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195; 22 U.S.C. 8513(e)) is amended by adding at the end the following new paragraph:

   Struck: "(3) Certification.--Not later than 90 days after the date of the enactment of this paragraph, the Secretary of the Treasury shall prescribe regulations to require any person wholly owned or controlled by a domestic financial institution to provide positive certification to the Secretary if such person is engaged in corresponding relations or business activity with a foreign person or financial institution that facilitates transactions from persons and domestic financial institutions described in subsection (d).".

   Struck: (b) Central Bank of Iran.--Section 104(c) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513(a)) is amended by adding at the end the following:

   Struck: "(4) Central bank of iran.--

   Struck: "(A) Determination.--Not later than 30 days after the date of the enactment of this paragraph, the President shall determine whether the Central Bank of Iran has--

   Struck: "(i) provided financial services in support of, or otherwise facilitated, the ability of Iran to--

   Struck: "(I) acquire or develop chemical, biological or nuclear weapons, or related technologies;

   Struck: "(II) construct, equip, operate, or maintain nuclear enrichment facilities; or

   Struck: "(III) acquire or develop ballistic missiles, cruise missiles, or destabilizing types and amounts of conventional weapons; or

   Struck: "(ii) facilitated a transaction or provided financial services for--

   Struck: "(I) Iran's Islamic Revolutionary Guard Corps; or

   Struck: "(II) a financial institution whose property or interests in property are subject to sanctions imposed pursuant to the International Emergency Economic Powers Act--

   Struck: "(aa) in connection with Iran's proliferation of weapons of mass destruction or delivery systems for weapons of mass destruction; or

   Struck: "(bb) Iran's support for acts of international terrorism.

   Struck: "(B) Submission to congress.--The President shall submit the determination made under subparagraph (A) in writing to the Congress, together with the reasons therefor.

   Struck: "(C) Imposition of sanctions.--

   Struck: "(i) In general.--If the President determines under subparagraph (A) that the Central Bank of Iran has engaged in any of the activities described in that paragraph, the President shall apply to the Central Bank of Iran sanctions pursuant to the International Economic Powers Act (50 U.S.C. 1701 et seq.), including blocking of property and restrictions or prohibitions on financial transactions and the exportation of property.

   Struck: "(ii) Effective period of designation.-- The President shall maintain the sanctions imposed under clause (i) until such time as the President determines and certifies in writing to the Congress that the Central Bank of Iran is no longer engaged in any of the activities described in subparagraph (A).".

   Struck: (c) Continuation in Effect.--Sections 104, 106, 107, 108, 109, 110, 111, and 115 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 shall remain in effect until the President makes the certification described in section 606(a) of this Act.

   Struck: SEC. 402. DIVESTMENT FROM CERTAIN COMPANIES THAT INVEST IN IRAN.

   Struck: Title II of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 shall remain in effect until the President makes the certification described in section 606(a) of this Act.

   Struck: SEC. 403. PREVENTION OF DIVERSION OF CERTAIN GOODS, SERVICES, AND TECHNOLOGIES TO IRAN.

   Struck: Title III of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 shall remain in effect until the President makes the certification described in section 606(a) of this Act.

   Struck: TITLE V--SECURITIES AND EXCHANGE COMMISSION

   SEC. [struck: 501][inserted: 214]. DISCLOSURES TO THE SECURITIES AND EXCHANGE COMMISSION RELATING TO SANCTIONABLE ACTIVITIES.

   (a) In General.--Section 13 of the Securities Exchange Act of 1934 (15 U.S.C. 78m) is amended by adding at the end the following new subsection:

   "(r) Disclosure of Certain Activities Relating to Iran[struck: , Terrorism, and the Proliferation of Weapons of Mass Destruction].--

   "(1) In general.--[struck: The Commission shall, by rule, require any issuer described in paragraph ][inserted: Each issuer required to file an annual or quarterly report under subsection ]([struck: 2][inserted: a]) [struck: to][inserted: shall] disclose [struck: on a quarterly basis a detailed description of each activity described in ][inserted: in that report the information required by ]paragraph (2) [struck: engaged in by the issuer or its affiliates ][inserted: if, ]during the period covered by the report, [struck: including][inserted: the issuer or any affiliate of the issuer]--

   Inserted: "(A) knowingly engaged in an activity described in section 5 of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note);

   Inserted: "(B) knowingly engaged in an activity described in subsection (c)(2) of section 104 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513) or a transaction described in subsection (d)(1) of that section;

   Inserted: "(C) knowingly engaged in an activity described in section 105A(b)(2) of that Act; or

   Inserted: "(D) knowingly conducted any transaction or dealing with--

   Inserted: "(i) any person the property and interests in property of which are blocked pursuant to Executive Order 13224 (66 Fed. Reg. 49079; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism);

   Inserted: "(ii) any person the property and interests in property of which are blocked pursuant to Executive Order 13382 (70 Fed. Reg. 38567; relating to blocking of property of weapons of mass destruction proliferators and their supporters); or

   Inserted: "(iii) any person identified under section 560.304 of title 31, Code of Federal Regulations (relating to the definition of the Government of Iran).

   Inserted: "(2) Information required.--If an issuer or an affiliate of the issuer has engaged in any activity described in paragraph (1), the issuer shall disclose a detailed description of each such activity, including--

   "(A) the nature and extent of the activity;

   "(B) the [inserted: gross ]revenues[inserted: and net profits], if any, attributable to the activity; and

   "(C) whether the issuer or the affiliate of the issuer (as the case may be) intends to continue the activity.

   "([struck: 2][inserted: 3]) [struck: Issuer described][inserted: Notice of disclosures].--[struck: An ][inserted: If an ]issuer [struck: is ][inserted: reports under paragraph (1) that the issuer or an affiliate of the issuer has knowingly engaged in any activity ]described in [struck: this][inserted: that] paragraph[struck: if ][inserted: , ]the issuer [struck: is required to ][inserted: shall separately ]file [struck: reports ]with the Commission[struck: ][inserted: , concurrently with the annual or quarterly report ]under subsection (a)[struck: and the issuer or any][inserted: , a notice that the disclosure] of [struck: its affiliates][inserted: that activity] has[struck: , during ][inserted: been included in that annual or quarterly report that identifies ]the [struck: period covered by][inserted: issuer and contains] the [struck: report--][inserted: information required by paragraph (2).]

   Struck: "(A) engaged in an activity described in section 105 of the Iran Threat Reduction Act of 2011 for which sanctions may be imposed;

   Struck: "(B) knowingly engaged in an activity described in subsection (c)(2) of section 104 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Public Law 111-195; 22 U.S.C. 8513) or knowingly violated regulations prescribed under subsection (d)(1) or (e)(1) of such section 104; or

   Struck: "(C) knowingly conducted any transaction or dealing with--

   Struck: "(i) any person the property and interests in property of which are blocked pursuant to Executive Order No. 13224 (66 Fed. Reg. 49079; relating to blocking property and prohibiting transacting with persons who commit, threaten to commit, or support terrorism);

   Show 7 more struck paragraphsShow less

   Struck: "(ii) any person the property and interests in property of which are blocked pursuant to Executive Order No. 13382 (70 Fed. Reg. 38567; relating to blocking of property of weapons of mass destruction proliferators and their supporters); or

   Struck: "(iii) any person on the list contained in Appendix A to part 560 of title 31, Code of Federal Regulations (commonly known as the 'Iranian Transactions Regulations').

   Struck: "(3) Sunset.--The provisions of this subsection and the rules issued by the Commission under paragraph (1) shall terminate on the date that is 30 days after the date on which the President makes the certification described in section 401(a) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8551(a)).

   Struck: "(4) Investigation of disclosures.--When an issuer reports, pursuant to this subsection, that it or any of its affiliates has engaged in any activity described in paragraph (2), the President shall--

   Struck: "(A) initiate an investigation into the possible imposition of sanctions under the Iran Threat Reduction Act of 2011, section 104 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513), the Executive orders or regulations specified in paragraph (2)(C), or any other provision of law; and

   Struck: "(B) not later than 180 days after initiating such an investigation, make a determination with respect to whether sanctions should be imposed with respect to the issuer or the affiliate of the issuer (as the case may be).".

   Struck: (b) Effective Date.--The amendment made by subsection (a) shall take effect with respect to reports required to be filed with the Securities and Exchange Commission after the date that is 90 days after the date of the enactment of this Act.

   Inserted: "(4) Public disclosure of information.--Upon receiving a notice under paragraph (3) that an annual or quarterly report includes a disclosure of an activity described in paragraph (1), the Commission shall promptly--

   Inserted: "(A) transmit the report to--

   Inserted: "(i) the President;

   Inserted: "(ii) the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and

   Inserted: "(iii) the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate; and

   Inserted: "(B) make the information provided in the disclosure and the notice available to the public by posting the information on the Internet website of the Commission.

   Inserted: "(5) Investigations.--Upon receiving a report under paragraph (4), the President shall--

   Inserted: "(A) initiate an investigation into the possible imposition of sanctions under the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note), section 104 or 105A of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, an Executive Order specified in clause (i) or (ii) of paragraph (1)(D), or any other provision of law relating to the imposition of sanctions with respect to Iran, as applicable; and

   Inserted: "(B) not later than 180 days after initiating such an investigation, make a determination with respect to whether sanctions should be imposed with respect to the issuer or the affiliate of the issuer (as the case may be).

   Inserted: "(6) Sunset.--The provisions of this subsection shall terminate on the date that is 30 days after the date on which the President makes the certification described in section 401(a) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8551(a)).".

   Inserted: (b) Effective Date.--The amendment made by subsection (a) shall take effect with respect to reports required to be filed with the Securities and Exchange Commission after the date that is 180 days after the date of the enactment of this Act.

   Inserted: SEC. 215. IDENTIFICATION OF, AND IMMIGRATION RESTRICTIONS ON, SENIOR OFFICIALS OF THE GOVERNMENT OF IRAN AND THEIR FAMILY MEMBERS.

   Show 272 more inserted paragraphsShow less

   Inserted: (a) Identification.--Not later than 180 days after the date of the enactment of this Act, and annually thereafter, the President shall publish a list of each individual the President determines is--

   Inserted: (1) a senior official of the Government of Iran described in subsection (b) that is involved in Iran's--

   Inserted: (A) illicit nuclear activities or proliferation of weapons of mass destruction or delivery systems for weapons of mass destruction;

   Inserted: (B) support for international terrorism; or

   Inserted: (C) commission of serious human rights abuses against citizens of Iran or their family members; or

   Inserted: (2) a family member of such an official.

   Inserted: (b) Senior Officials of the Government of Iran Described.--A senior official of the Government of Iran described in this subsection is any senior official of that Government, including--

   Inserted: (1) the Supreme Leader of Iran, Ali Khamenei;

   Inserted: (2) the President of Iran, Mahmoud Ahmadinejad;

   Inserted: (3) a member of the Cabinet of the Government of Iran;

   Inserted: (4) a member of the Assembly of Experts;

   Inserted: (5) a senior member of the Intelligence Ministry of Iran; or

   Inserted: (6) a member of Iran's Revolutionary Guard Corps with the rank of brigadier general or higher, including a member of a paramilitary organization such as Ansar-e-Hezbollah or Basij-e Motaz'afin.

   Inserted: (c) Restrictions on Visas and Adjustments in Immigration Status.--The Secretary of State and the Secretary of Homeland Security may not grant an individual on the list required by subsection (a) immigration status in, or admit the individual to, the United States.

   Inserted: (d) Waiver.--The President may waive the application of subsection (a) or (c) with respect to an individual if the President--

   Inserted: (1) determines that such a waiver is--

   Inserted: (A) in the national interests of the United States; or

   Inserted: (B) necessary to permit the United States to comply with the Agreement between the United Nations and the United States of America regarding the Headquarters of the United Nations, signed June 26, 1947, and entered into force November 21, 1947; and

   Inserted: (2) not less than 7 days before the waiver takes effect, notifies Congress of the waiver and the reason for the waiver.

   Inserted: SEC. 216. REPORTS ON, AND AUTHORIZATION OF IMPOSITION OF SANCTIONS WITH RESPECT TO, THE PROVISION OF FINANCIAL COMMUNICATIONS SERVICES TO THE CENTRAL BANK OF IRAN AND SANCTIONED IRANIAN FINANCIAL INSTITUTIONS.

   Inserted: (a) Sense of Congress.--It is the sense of Congress that--

   Inserted: (1) the President has been engaged in diplomatic efforts to multilateralize sanctions against Iran to restrict the access of the Government of Iran to the global financial system;

   Inserted: (2) the President should intensify those efforts and, in particular, efforts to ensure that global financial communications services providers, such as the Society for Worldwide Interbank Financial Telecommunication (in this section referred to as "SWIFT"), cut off services to Iranian financial institutions designated for the imposition of sanctions pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.); and

   Inserted: (3) at a time when financial institutions around the world are severing their ties with such Iranian financial institutions, it is inconsistent and troubling that financial communications services providers continue to service those financial institutions, particularly with respect to the Belgian cooperative SWIFT, which--

   Inserted: (A) is subject to the prohibition of the European Union on providing economic resources to financial institutions designated for the imposition of sanctions by the European Union; and

   Inserted: (B) notes in its own corporate rules that it reserves the right to expel a SWIFT customer that may adversely affect SWIFT's "reputation, brand, or goodwill", for instance if the SWIFT customer is subject to sanctions (such as by the United Nations or the European Union), as is the case with Iranian financial institutions.

   Inserted: (b) Report on the Provision of Financial Communications Services to Sanctioned Iranian Financial Institutions.--Not later than 60 days after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the appropriate congressional committees a list of all known entities (including SWIFT) that provide financial communications services to, or that enable or facilitate access to such services for, the Central Bank of Iran or a financial institution described in section 104(c)(2)(E)(ii) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513(c)(2)(E)(ii)).

   Inserted: (c) Report on Efforts To Terminate the Provision by SWIFT of Services for Sanctioned Iranian Financial Institutions.--Not later than 90 days after the date of the enactment of this Act, the Secretary of the Treasury shall submit to the appropriate congressional committees a report on the status of efforts to ensure that SWIFT has terminated the provision of financial communications services to, and the enabling and facilitation of access to such services for, the Central Bank of Iran and Iranian financial institutions designated for the imposition of sanctions pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

   Inserted: (d) Authorization for the Imposition of Sanctions.--If, on or after the date that is 90 days after the date of the enactment of this Act, a global financial communications services provider has not terminated the provision of financial communications services to, and the enabling and facilitation of access to such services for, the Central Bank of Iran and any financial institution described in paragraph (2)(E)(ii) of section 104(c) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513(c)), the President may impose sanctions pursuant to that section or the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) with respect to the financial communications services provider and the directors of, and shareholders with a significant interest in, the provider.

   Inserted: SEC. 217. GOVERNMENT ACCOUNTABILITY OFFICE REPORT ON FOREIGN ENTITIES THAT INVEST IN THE ENERGY SECTOR OF IRAN OR EXPORT REFINED PETROLEUM PRODUCTS TO IRAN.

   Inserted: (a) Initial Report.--

   Inserted: (1) In general.--Not later than 180 days after the date of the enactment of this Act, the Comptroller General of the United States shall submit to the appropriate congressional committees a report--

   Inserted: (A) listing all foreign investors in the energy sector of Iran during the period specified in paragraph (2), including--

   Inserted: (i) all entities that exported gasoline and other refined petroleum products to Iran;

   Inserted: (ii) all entities involved in providing refined petroleum products to Iran, including--

   Inserted: (I) entities that provided ships to transport refined petroleum products to Iran; and

   Inserted: (II) entities that provided insurance or reinsurance for shipments of refined petroleum products to Iran; and

   Inserted: (iii) all entities involved in commercial transactions of any kind, including joint ventures anywhere in the world, with Iranian energy companies; and

   Inserted: (B) identifying the countries in which gasoline and other refined petroleum products exported to Iran during the period specified in paragraph (2) were produced or refined.

   Inserted: (2) Period specified.--The period specified in this paragraph is the period beginning on January 1, 2006, and ending on the date that is 150 days after the date of the enactment of this Act.

   Inserted: (b) Updated Reports.--Not later than one year after submitting the report required by subsection (a), and annually thereafter, the Comptroller General of the United States shall submit to the appropriate congressional committees a report containing the matters required in the report under subsection (a)(1) for the one-year period beginning on the date that is 30 days before the date on which the preceding report was required to be submitted by this section.

   Inserted: SEC. 218. REPORTING ON THE IMPORTATION TO AND EXPORTATION FROM IRAN OF CRUDE OIL AND REFINED PETROLEUM PRODUCTS.

   Inserted: Section 110(b) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8518(b)) is amended by striking "a report containing the matters" and all that follows through the period at the end and inserting the following: "a report, covering the 180-day period beginning on the date that is 30 days before the date on which the preceding report was required to be submitted by this section, that--

   Inserted: "(1) contains the matters required in the report under subsection (a)(1); and

   Inserted: "(2) identifies--

   Inserted: "(A) the volume of crude oil and refined petroleum products imported to and exported from Iran (including through swaps and similar arrangements);

   Inserted: "(B) the persons selling and transporting crude oil and refined petroleum products described in subparagraph (A), the countries with primary jurisdiction over those persons, and the countries in which those products were refined;

   Inserted: "(C) the sources of financing for imports to Iran of crude oil and refined petroleum products described in subparagraph (A); and

   Inserted: "(D) the involvement of foreign persons in efforts to assist Iran in--

   Inserted: "(i) developing upstream oil and gas production capacity;

   Inserted: "(ii) importing advanced technology to upgrade existing Iranian refineries;

   Inserted: "(iii) converting existing chemical plants to petroleum refineries; or

   Inserted: "(iv) maintaining, upgrading, or expanding refineries or constructing new refineries.".

   Inserted: TITLE III--SANCTIONS WITH RESPECT TO IRAN'S REVOLUTIONARY GUARD CORPS

   Inserted: Subtitle A--Identification of, and Sanctions With Respect to, Officials, Agents, Affiliates, and Supporters of Iran's Revolutionary Guard Corps and Other Sanctioned Persons SEC. 301. IDENTIFICATION OF, AND IMPOSITION OF SANCTIONS WITH RESPECT TO, OFFICIALS, AGENTS, AND AFFILIATES OF IRAN'S REVOLUTIONARY GUARD CORPS.

   Inserted: (a) In General.--Not later than 90 days after the date of the enactment of this Act, and as appropriate thereafter, the President shall--

   Inserted: (1) identify foreign persons that are officials, agents, or affiliates of Iran's Revolutionary Guard Corps; and

   Inserted: (2) for each foreign person identified under paragraph (1) that is not already designated for the imposition of sanctions pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.)--

   Inserted: (A) designate that foreign person for the imposition of sanctions pursuant to that Act; and

   Inserted: (B) block and prohibit all transactions in all property and interests in property of that foreign person 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.

   Inserted: (b) Priority for Investigation.--In identifying foreign persons pursuant to subsection (a)(1) as officials, agents, or affiliates of Iran's Revolutionary Guard Corps, the President shall give priority to investigating--

   Inserted: (1) foreign persons identified under section 560.304 of title 31, Code of Federal Regulations (relating to the definition of the Government of Iran); and

   Inserted: (2) foreign persons for which there is a reasonable basis to find that the person has conducted or attempted to conduct one or more sensitive transactions or activities described in subsection (c).

   Inserted: (c) Sensitive Transactions and Activities Described.--A sensitive transaction or activity described in this subsection is--

   Inserted: (1) a financial transaction or series of transactions valued at more than $1,000,000 in the aggregate in any 12-month period involving a non-Iranian financial institution;

   Inserted: (2) a transaction to facilitate the manufacture, importation, exportation, or transfer of items needed for the development by Iran of nuclear, chemical, biological, or advanced conventional weapons, including ballistic missiles;

   Inserted: (3) a transaction relating to the manufacture, procurement, or sale of goods, services, and technology relating to Iran's energy sector, including a transaction relating to the development of the energy resources of Iran, the exportation of petroleum products from Iran, the importation of refined petroleum to Iran, or the development of refining capacity available to Iran;

   Inserted: (4) a transaction relating to the manufacture, procurement, or sale of goods, services, and technology relating to Iran's petrochemical sector; or

   Inserted: (5) a transaction relating to the procurement of sensitive technologies (as defined in section 106(c) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8515(c))).

   Inserted: (d) Exclusion From United States.--

   Inserted: (1) In general.--Subject to paragraph (2), the Secretary of State shall deny a visa to, and the Secretary of Homeland Security shall exclude from the United States, any alien who, on or after the date of the enactment of this Act, is a foreign person designated pursuant to subsection (a) for the imposition of sanctions pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

   Inserted: (2) Regulatory exceptions to comply with international obligations.--The requirement to deny visas to and exclude aliens from the United States pursuant to paragraph (1) shall be subject to such regulations as the President may prescribe, including regulatory exceptions to permit the United States to comply with the Agreement between the United Nations and the United States of America regarding the Headquarters of the United Nations, signed June 26, 1947, and entered into force November 21, 1947, and other applicable international obligations.

   Inserted: (e) Waiver of Imposition of Sanctions.--

   Inserted: (1) In general.--The President may waive the application of subsection (a)(2) or (d) with respect to a foreign person if the President--

   Inserted: (A) determines that it is in the national security interests of the United States to do so; and

   Inserted: (B) submits to the appropriate congressional committees a report that--

   Inserted: (i) identifies the foreign person with respect to which the waiver applies; and

   Inserted: (ii) sets forth the reasons for the determination.

   Inserted: (2) Form of report.--A report submitted under paragraph (1)(B) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: (f) Rule of Construction.--Nothing in this section shall be construed to remove any sanction of the United States in force with respect to Iran's Revolutionary Guard Corps as of the date of the enactment of this Act.

   Inserted: SEC. 302. IDENTIFICATION OF, AND IMPOSITION OF SANCTIONS WITH RESPECT TO, PERSONS THAT SUPPORT OR CONDUCT CERTAIN TRANSACTIONS WITH IRAN'S REVOLUTIONARY GUARD CORPS OR OTHER SANCTIONED PERSONS.

   Inserted: (a) Identification.--

   Inserted: (1) In general.--Not later than 90 days after the date of the enactment of this Act, and every 180 days thereafter, the President shall submit to the appropriate congressional committees a report identifying foreign persons that the President determines, on or after the date of the enactment of this Act, knowingly--

   Inserted: (A) materially assist, sponsor, or provide financial, material, or technological support for, or goods or services in support of, Iran's Revolutionary Guard Corps or any of its officials, agents, or affiliates the property and interests in property of which are blocked pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.);

   Inserted: (B) engage in a significant transaction or transactions with Iran's Revolutionary Guard Corps or any such official, agent, or affiliate; or

   Inserted: (C) engage in a significant transaction or transactions with--

   Inserted: (i) a person subject to financial sanctions pursuant to United Nations Security Council Resolution 1737 (2006), 1747 (2007), 1803 (2008), or 1929 (2010), or any other resolution that is adopted by the Security Council and imposes sanctions with respect to Iran or modifies such sanctions; or

   Inserted: (ii) a person acting on behalf of or at the direction of, or owned or controlled by, a person described in clause (i).

   Inserted: (2) Form of report.--A report submitted under paragraph (1) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: (3) Barter transactions.--For purposes of paragraph (1), the term "transaction" includes a barter transaction.

   Inserted: (b) Imposition of Sanctions.--If the President determines under subsection (a)(1) that a foreign person has knowingly engaged in an activity described in that subsection, the President--

   Inserted: (1) shall impose 3 or more of the sanctions described in section 6(a) of the Iran Sanctions Act of 1996, as amended by section 204 of this Act; and

   Inserted: (2) may impose additional sanctions pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) with respect to the person.

   Inserted: (c) Termination.--The President may terminate a sanction imposed with respect to a foreign person pursuant to subsection (b) if the President determines that the person--

   Inserted: (1) no longer engages in the activity for which the sanction was imposed; and

   Inserted: (2) has provided assurances to the President that the person will not engage in any activity described in subsection (a)(1) in the future.

   Inserted: (d) Waiver of Imposition of Sanctions.--

   Inserted: (1) In general.--The President may waive the imposition of sanctions under subsection (b) with respect to a foreign person if the President--

   Inserted: (A)(i) determines that the person has ceased the activity for which sanctions would otherwise be imposed and has taken measures to prevent a recurrence of the activity; or

   Inserted: (ii) determines that it is in the national security interests of the United States to do so; and

   Inserted: (B) submits to the appropriate congressional committees a report that--

   Inserted: (i) identifies the foreign person with respect to which the waiver applies;

   Inserted: (ii) describes the activity that would otherwise subject the foreign person to the imposition of sanctions under subsection (b); and

   Inserted: (iii) sets forth the reasons for the determination.

   Inserted: (2) Form of report.--A report submitted under paragraph (1)(B) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: (e) Waiver of Identifications and Designations.--Notwithstanding any other provision of this subtitle and subject to paragraph (2), the President shall not be required to make any identification of a foreign person under subsection (a) or any identification or designation of a foreign person under section 301(a) if the President--

   Inserted: (1) determines that doing so would cause damage to the national security of the United States, including through the divulgence of sources or methods of obtaining intelligence or other critical classified information; and

   Inserted: (2) notifies the appropriate congressional committees of the exercise of the authority provided under this subsection.

   Inserted: (f) Application of Provisions of Iran Sanctions Act of 1996.--The following provisions of the Iran Sanctions Act of 1996, as amended by this Act, apply with respect to the imposition under subsection (b)(1) of sanctions relating to activities described in subsection (a)(1) to the same extent that such provisions apply with respect to the imposition of sanctions under section 5(a) of the Iran Sanctions Act of 1996:

   Inserted: (1) Subsections (c) and (e) of section 4.

   Inserted: (2) Subsections (c), (d), and (f) of section 5.

   Inserted: (3) Section 8.

   Inserted: (4) Section 9.

   Inserted: (5) Section 11.

   Inserted: (6) Section 12.

   Inserted: (7) Subsection (b) of section 13.

   Inserted: (8) Section 14.

   Inserted: SEC. 303. RULE OF CONSTRUCTION.

   Inserted: Nothing in this subtitle shall be construed to limit the authority of the President to designate foreign persons for the imposition of sanctions pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

   Inserted: Subtitle B--Additional Measures Relating to Iran's Revolutionary Guard Corps SEC. 311. EXPANSION OF PROCUREMENT PROHIBITION TO FOREIGN PERSONS THAT ENGAGE IN CERTAIN TRANSACTIONS WITH IRAN'S REVOLUTIONARY GUARD CORPS.

   Inserted: (a) In General.--Section 6(b)(1) of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note) is amended--

   Inserted: (1) by striking "Not later than 90 days" and inserting the following:

   Inserted: "(A) Certifications relating to activities described in section 5.--Not later than 90 days"; and

   Inserted: (2) by adding at the end the following:

   Inserted: "(B) Certifications relating to transactions with iran's revolutionary guard corps.--Not later than 90 days after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012, the Federal Acquisition Regulation shall be revised to require a certification from each person that is a prospective contractor that the person, and any person owned or controlled by the person, does not knowingly engage in a significant transaction or transactions with Iran's Revolutionary Guard Corps or any of its officials, agents, or affiliates the property and interests in property of which are blocked pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).".

   Inserted: (b) Technical and Conforming Amendments.--

   Inserted: (1) Section 6(b) of the Iran Sanctions Act of 1996, as amended by subsection (a), is further amended--

   Inserted: (A) in paragraph (1)(A), as redesignated, by striking "issued pursuant to section 25 of the Office of Federal Procurement Policy Act (41 U.S.C. 421)";

   Inserted: (B) in paragraph (2)--

   Inserted: (i) in subparagraph (A), by striking "the revision" and inserting "the applicable revision"; and

   Inserted: (ii) in subparagraph (B), by striking "issued pursuant to section 25 of the Office of Federal Procurement Policy Act (41 U.S.C. 421)";

   Inserted: (C) by striking paragraph (6) and inserting the following:

   Inserted: "(6) Definitions.--In this subsection:

   Inserted: "(A) Executive agency.--The term 'executive agency' has the meaning given that term in section 133 of title 41, United States Code.

   Inserted: "(B) Federal acquisition regulation.--The term 'Federal Acquisition Regulation' means the regulation issued pursuant to section 1303(a)(1) of title 41, United States Code."; and

   Inserted: (D) in paragraph (7)--

   Inserted: (i) by striking "The revisions to the Federal Acquisition Regulation required under paragraph (1)" and inserting the following:

   Inserted: "(A) Certifications relating to activities described in section 5.--The revisions to the Federal Acquisition Regulation required under paragraph (1)(A)"; and

   Inserted: (ii) by adding at the end the following:

   Inserted: "(B) Certifications relating to transactions with iran's revolutionary guard corps.--The revisions to the Federal Acquisition Regulation required under paragraph (1)(B) shall apply with respect to contracts for which solicitations are issued on or after the date that is 90 days after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012.".

   Inserted: (2) Section 101(3) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8511(3)) is amended by striking "section 4 of the Office of Federal Procurement Policy Act (41 U.S.C. 403)" and inserting "section 133 of title 41, United States Code".

   Inserted: SEC. 312. DETERMINATIONS OF WHETHER THE NATIONAL IRANIAN OIL COMPANY AND THE NATIONAL IRANIAN TANKER COMPANY ARE AGENTS OR AFFILIATES OF IRAN'S REVOLUTIONARY GUARD CORPS.

   Inserted: (a) In General.--Section 104(c) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513(c)) is amended by adding at the end the following:

   Inserted: "(4) Determinations regarding nioc and nitc.--

   Inserted: "(A) Determinations.--For purposes of paragraph (2)(E)(i), the Secretary of the Treasury shall, not later than 60 days after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012--

   Inserted: "(i) determine whether the NIOC or the NITC is an agent or affiliate of Iran's Revolutionary Guard Corps; and

   Inserted: "(ii) submit to the appropriate congressional committees a report on the determinations made under clause (i), together with the reasons for those determinations.

   Inserted: "(B) Form of report.--A report submitted under subparagraph (A)(ii) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: "(C) Applicability with respect to petroleum transactions.--

   Inserted: "(i) Application of sanctions.--Except as provided in clause (ii), the regulations prescribed under paragraph (1) shall apply to a transaction for the purchase of petroleum or petroleum products from, or to financial services relating to such a transaction for, the NIOC or the NITC on or after the date that is 180 days after the date of the enactment of the National Defense Authorization Act for Fiscal Year 2012 (Public Law 112 81) only if the President has determined, pursuant to section 1245(d)(4)(B) of that Act, that there is a sufficient supply of petroleum and petroleum products produced in countries other than Iran to permit purchasers of petroleum and petroleum products from Iran to reduce significantly in volume their purchases from Iran.

   Inserted: "(ii) Exception for certain countries.--The regulations prescribed under paragraph (1) shall not apply to a foreign financial institution that facilitates a significant transaction or transactions for the purchase of petroleum or petroleum products from, or that provides significant financial services relating to such a transaction for, the NIOC or the NITC if the President determines and reports to Congress, not later than 90 days after the date on which the President makes the determination required by section 1245(d)(4)(B) of the National Defense Authorization Act for Fiscal Year 2012, and every 180 days thereafter, that the country with primary jurisdiction over the foreign financial institution has significantly reduced its volume of crude oil purchases from Iran during the period beginning on the date on which the President submitted the last report with respect to the country under this clause.

   Inserted: "(D) Definitions.--In this paragraph:

   Inserted: "(i) NIOC.--The term 'NIOC' means the National Iranian Oil Company.

   Inserted: "(ii) NITC.--The term 'NITC' means the National Iranian Tanker Company.".

   Inserted: (b) Conforming Amendments.--Section 104(g) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513(g)) is amended by striking "subsection (c)(1)" each place it appears and inserting "paragraph (1) or (4) of subsection (c)".

   Inserted: TITLE IV--MEASURES RELATING TO HUMAN RIGHTS ABUSES IN IRAN

   Inserted: Subtitle A--Expansion of Sanctions Relating to Human Rights Abuses in Iran SEC. 401. IMPOSITION OF SANCTIONS WITH RESPECT TO THE TRANSFER OF GOODS OR TECHNOLOGIES TO IRAN THAT ARE LIKELY TO BE USED TO COMMIT HUMAN RIGHTS ABUSES.

   Inserted: (a) In General.--The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8501 et seq.) is amended by inserting after section 105 the following:

   Inserted: "SEC. 105A. IMPOSITION OF SANCTIONS WITH RESPECT TO THE TRANSFER OF GOODS OR TECHNOLOGIES TO IRAN THAT ARE LIKELY TO BE USED TO COMMIT HUMAN RIGHTS ABUSES.

   Inserted: "(a) In General.--The President shall impose sanctions in accordance with subsection (c) with respect to each person on the list required by subsection (b).

   Inserted: "(b) List.--

   Inserted: "(1) In general.--Not later than 90 days after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012, the President shall submit to the appropriate congressional committees a list of persons that the President determines have knowingly engaged in an activity described in paragraph (2) on or after such date of enactment.

   Inserted: "(2) Activity described.--

   Inserted: "(A) In general.--A person engages in an activity described in this paragraph if the person--

   Inserted: "(i) transfers, or facilitates the transfer of, goods or technologies described in subparagraph (C) to Iran; or

   Inserted: "(ii) provides services with respect to goods or technologies described in subparagraph (C) after such goods or technologies are transferred to Iran.

   Inserted: "(B) Applicability to contracts and other agreements.--A person engages in an activity described in subparagraph (A) without regard to whether the activity is carried out pursuant to a contract or other agreement entered into before, on, or after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012.

   Inserted: "(C) Goods or technologies described.--Goods or technologies described in this subparagraph are goods or technologies that the President determines are likely to be used by the Government of Iran or any of its agencies or instrumentalities to commit serious human rights abuses against the people of Iran, including--

   Inserted: "(i) firearms or ammunition (as those terms are defined in section 921 of title 18, United States Code), rubber bullets, police batons, pepper or chemical sprays, stun grenades, electroshock weapons, tear gas, water cannons, or surveillance technology; or

   Inserted: "(ii) sensitive technology (as defined in section 106(c)).

   Inserted: "(3) Special rule to allow for termination of sanctionable activity.--The President shall not be required to include a person on the list required by paragraph (1) if the President certifies in writing to the appropriate congressional committees that--

   Inserted: "(A) the person is no longer engaging in, or has taken significant verifiable steps toward stopping, the activity described in paragraph (2) for which the President would otherwise have included the person on the list; and

   Inserted: "(B) the President has received reliable assurances that the person will not knowingly engage in any activity described in paragraph (2) in the future.

   Inserted: "(4) Updates of list.--The President shall submit to the appropriate congressional committees an updated list under paragraph (1)--

   Inserted: "(A) each time the President is required to submit an updated list to those committees under section 105(b)(2)(A); and

   Inserted: "(B) as new information becomes available.

   Inserted: "(5) Form of report; public availability.--

   Inserted: "(A) Form.--The list required by paragraph (1) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: "(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.

   Inserted: "(c) Application of Sanctions.--

   Inserted: "(1) In general.--Subject to paragraph (2), the President shall impose sanctions described in section 105(c) with respect to a person on the list required by subsection (b).

   Inserted: "(2) Transfers to iran's revolutionary guard corps.--In the case of a person on the list required by subsection (b) for transferring, or facilitating the transfer of, goods or technologies described in subsection (b)(2)(C) to Iran's Revolutionary Guard Corps, or providing services with respect to such goods or technologies after such goods or technologies are transferred to Iran's Revolutionary Guard Corps, the President shall--

   Inserted: "(A) impose sanctions described in section 105(c) with respect to the person; and

   Inserted: "(B) impose such other sanctions from among the sanctions described in section 6(a) of the Iran Sanctions Act of 1996 (Public Law 104 172; 50 U.S.C. 1701 note) as the President determines appropriate.".

   Inserted: (b) 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 105 the following:

   Inserted: "Sec. 105A. Imposition of sanctions with respect to the transfer of goods or technologies to Iran that are likely to be used to commit human rights abuses.".

   Inserted: SEC. 402. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO ENGAGE IN CENSORSHIP OR OTHER RELATED ACTIVITIES AGAINST CITIZENS OF IRAN.

   Inserted: (a) In General.--The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8501 et seq.), as amended by section 401, is further amended by inserting after section 105A the following:

   Inserted: "SEC. 105B. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO ENGAGE IN CENSORSHIP OR OTHER RELATED ACTIVITIES AGAINST CITIZENS OF IRAN.

   Inserted: "(a) In General.--The President shall impose sanctions described in section 105(c) with respect to each person on the list required by subsection (b).

   Inserted: "(b) List of Persons Who Engage in Censorship.--

   Inserted: "(1) In general.--Not later than 90 days after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012, the President shall submit to the appropriate congressional committees a list of persons that the President determines have engaged in censorship or other activities that prohibit, limit, or penalize the exercise of freedom of expression or assembly by citizens of Iran.

   Inserted: "(2) Applicability.--Paragraph (1) applies with respect to censorship or other activities described in that paragraph that are--

   Inserted: "(A) commenced on or after the date of the enactment of the Iran Sanctions, Accountability, and Human Rights Act of 2012; or

   Inserted: "(B) commenced before such date of enactment, if such activities continue on or after such date of enactment.

   Inserted: "(3) Updates of list.--The President shall submit to the appropriate congressional committees an updated list under paragraph (1)--

   Inserted: "(A) each time the President is required to submit an updated list to those committees under section 105(b)(2)(A); and

   Inserted: "(B) as new information becomes available.

   Inserted: "(4) Form of report; public availability.--

   Inserted: "(A) Form.--The list required by paragraph (1) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: "(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.".

   Inserted: (b) Clerical Amendment.--The table of contents for the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, as amended by section 401, is further amended by inserting after the item relating to section 105A the following:

   Inserted: "Sec. 105B. Imposition of sanctions with respect to persons who engage in censorship or other related activities against citizens of Iran.".

   Inserted: (c) Conforming Amendments.--Section 401(b)(1) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8551(b)(1)) is amended--

   Inserted: (1) by inserting ", 105A(a), or 105B(a)" after "105(a)"; and

   Inserted: (2) by inserting ", 105A(b), or 105B(b)" after "105(b)".

   Inserted: Subtitle B--Additional Measures to Promote Human Rights in Iran SEC. 411. EXPEDITED CONSIDERATION OF REQUESTS FOR AUTHORIZATION OF CERTAIN HUMAN RIGHTS-, HUMANITARIAN-, AND DEMOCRACY-RELATED ACTIVITIES WITH RESPECT TO IRAN.

   Inserted: (a) Requirement.--The Office of Foreign Assets Control, in consultation with the Department of State, shall establish an expedited process for the consideration of complete requests for authorization to engage in human rights-, humanitarian-, or democracy-related activities relating to Iran that are submitted by--

   Inserted: (1) entities receiving funds from the Department of State to engage in the proposed activity;

   Inserted: (2) the Broadcasting Board of Governors; and

   Inserted: (3) other appropriate agencies of the United States Government.

   Inserted: (b) Procedures.--Requests for authorization under subsection (a) shall be submitted to the Office of Foreign Assets Control in conformance with the agency's regulations, including section 501.801 of title 31, Code of Federal Regulations (commonly known as the Reporting, Procedures and Penalties Regulations). Applicants must fully disclose the parties to the transactions as well as describe the activities to be undertaken. License applications involving the exportation or reexportation of goods, technology, or software to Iran must provide a copy of an official Commodity Classification issued by the Department of Commerce, Bureau of Industry and Security, as part of the license application.

   Inserted: (c) Foreign Policy Review.--The Department of State shall complete a foreign policy review of a request for authorization under subsection (a) not later than 30 days after the request is referred to the Department by the Office of Foreign Assets Control.

   Inserted: (d) License Determinations.--License determinations for complete requests for authorization under subsection (a) shall be made not later than 90 days after receipt by the Office of Foreign Assets Control, with the following exceptions:

   Inserted: (1) Any requests involving the exportation or reexportation to Iran of goods, technology, or software listed on the Commerce Control List maintained pursuant to part 774 of the Export Administration Regulations shall be processed in a manner consistent with the Iran-Iraq Arms Non-Proliferation Act of 1992 (title XVI of Public Law 102 484) and other applicable provisions of law.

   Inserted: (2) Any other requests presenting novel or extraordinary circumstances.

   Inserted: (e) Regulations.--The Secretary of the Treasury may prescribe such regulations as are appropriate to carry out this section.

   Inserted: SEC. 412. COMPREHENSIVE STRATEGY TO PROMOTE INTERNET FREEDOM AND ACCESS TO INFORMATION IN IRAN.

   Inserted: Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a comprehensive strategy developed in consultation with the Department of State, the Department of the Treasury, and other Federal agencies, as appropriate, to--

   Inserted: (1) assist the people of Iran to produce, access, and share information freely and safely via the Internet, including in Farsi and regional languages;

   Inserted: (2) support the development of counter-censorship technologies that enable the citizens of Iran to undertake Internet activities without interference from the Government of Iran;

   Inserted: (3) increase the capabilities and availability of secure communications through connective technology among human rights and democracy activists in Iran;

   Inserted: (4) provide resources for digital safety training for media and academic and civil society organizations in Iran;

   Inserted: (5) provide accurate and substantive Internet content in local languages in Iran;

   Inserted: (6) increase emergency resources for the most vulnerable human rights advocates seeking to organize, share information, and support human rights in Iran;

   Inserted: (7) expand surrogate radio, television, live stream, and social network communications inside Iran, including Voice of America's Persian News Network and Radio Free Europe/Radio Liberty's Radio Farda, to provide hourly live news update programming and breaking news coverage capability 24 hours a day and 7 days a week;

   Inserted: (8) expand activities to safely assist and train human rights, civil society, and democracy activists in Iran to operate effectively and securely;

   Inserted: (9) identify and utilize all available resources to overcome attempts by the Government of Iran to jam or otherwise deny international satellite broadcasting signals; and

   Inserted: (10) expand worldwide United States embassy and consulate programming for and outreach to Iranian dissident communities.

   Inserted: SEC. 413. SENSE OF CONGRESS ON POLITICAL PRISONERS.

   Inserted: It is the sense of Congress that--

   Inserted: (1) the Secretary of State should support efforts to research and identify prisoners of conscience and cases of human rights abuses in Iran;

   Inserted: (2) the United States Government should--

   Inserted: (A) offer refugee status or political asylum in the United States to political dissidents in Iran if requested and consistent with the laws and national security interests of the United States; and

   Inserted: (B) offer to assist, through the United Nations High Commissioner for Refugees, with the relocation of such political prisoners to other countries if requested, as appropriate and with appropriate consideration for United States national security interests; and

   Inserted: (3) the Secretary of State should publicly call for the release of Iranian dissidents by name and raise awareness with respect to individual cases of Iranian dissidents and prisoners of conscience, as appropriate and if requested by the dissidents or prisoners themselves or their families.

   Inserted: TITLE V--MISCELLANEOUS

   Inserted: SEC. 501. EXCLUSION OF CITIZENS OF IRAN SEEKING EDUCATION RELATING TO THE NUCLEAR AND ENERGY SECTORS OF IRAN.

   Inserted: (a) In General.--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 citizen of Iran that the Secretary of State determines seeks to enter the United States to participate in coursework at an institution of higher education (as defined in section 101(a) of the Higher Education Act of 1965 (20 U.S.C. 1001(a))) to prepare the alien for a career in the energy sector of Iran or in nuclear science or nuclear engineering or a related field in Iran.

   Inserted: (b) Applicability.--Subsection (a) applies with respect to visa applications filed on or after the date of the enactment of this Act.

   Inserted: SEC. 502. TECHNICAL CORRECTION.

   Inserted: (a) In General.--Section 1245(d)(2) of the National Defense Authorization Act for Fiscal Year 2012 (Public Law 112 81) is amended--

   Inserted: (1) in the paragraph heading, by inserting "agricultural commodities," after "sales of"; and

   Inserted: (2) in the text, by inserting "agricultural commodities," after "sale of".

   Inserted: (b) Effective Date.--The amendments made by subsection (a) shall take effect as if included in the National Defense Authorization Act for Fiscal Year 2012 (Public Law 112 81).

   Inserted: SEC. 503. INTERESTS IN FINANCIAL ASSETS OF IRAN.

   Inserted: (a) Interests in Blocked Assets.--Notwithstanding any other provision of law, and preempting any inconsistent provision of State law, the property interest of Iran in a blocked asset shall include an interest in property of any nature whatsoever, direct or indirect, including any direct or indirect interest in securities or other financial assets immobilized or in any other manner held in book entry form and credited to a securities account in the United States and the proceeds thereof, or in any funds transfers held in a United States financial institution. The property interest of Iran in securities or other financial assets immobilized or in any other manner held in book entry form and credited to a securities account in the United States and proceeds thereof shall be deemed to exist at every tier of securities intermediary necessary to hold an interest in any such securities or other financial assets. The property interest of Iran in a funds transfer shall exist at any intermediary bank necessary to complete such funds transfer.

   Inserted: (b) Property in the United States of Iran.--Notwithstanding any other provision of law, and preempting any inconsistent provision of State law, the property, including any interest in the property, of Iran shall be deemed to be property in the United States of Iran if--

   Inserted: (1) that property is an interest, held directly or indirectly for the benefit of Iran or for the benefit of any securities intermediary that directly or indirectly holds the interest for the benefit of Iran, in securities or other financial assets that are represented by certificates or are in other physical form and are immobilized, custodized, or held for safekeeping or any other reason in the United States; or

   Inserted: (2) that property is an interest in securities or other financial assets held in book entry form or otherwise, and credited to a securities account in the United States by any securities intermediary directly or indirectly for the benefit of Iran or for the benefit of any other securities intermediary that directly or indirectly holds the interest for the benefit of Iran.

   Inserted: (c) Determination of Whether Securities or Other Assets Are Held or Credited to a Securities Account in the United States.--For purposes of this section, an interest in securities or other financial assets is held and credited to a securities account in the United States by a securities intermediary if the securities intermediary is located in the United States. A securities intermediary is conclusively presumed to be located in the United States if it is regulated in its capacity as a securities intermediary under the laws of the United States.

   Inserted: (d) Commercial Activity in the United States.--Notwithstanding any other provision of law, the ownership by Iran, or its central bank or monetary authority, of any property, including the interest in property described in paragraphs (1) and (2) of subsection (b), or any other interest in property, shall be deemed to be commercial activity in the United States and that property, including any interest in that property, shall be deemed not to be held for the central bank's or monetary authority's own account.

   Inserted: (e) Applicability.--This section applies to all attachments and proceedings in aid of execution issued or obtained before, on, or after the date of the enactment of this Act with respect to judgments entered against Iran for damages for personal injury or death caused by an act of torture, extrajudicial killing, aircraft sabotage, or hostage-taking, or the provision of material support or resources for such an act.

   Inserted: (f) Definitions.--In this section:

   Inserted: (1) Blocked asset.--The term "blocked asset"--

   Inserted: (A) means any asset seized or frozen by the United States under section 5(b) of the Trading With the Enemy Act (50 U.S.C. App. 5(b)) or under section 202 or 203 of the International Emergency Economic Powers Act (50 U.S.C. 1701 and 1702); and

   Inserted: (B) does not include property that--

   Inserted: (i) is subject to a license issued by the United States Government for final payment, transfer, or disposition by or to a person subject to the jurisdiction of the United States in connection with a transaction for which the issuance of the license has been specifically required by a provision of law other than the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) or the United Nations Participation Act of 1945 (22 U.S.C. 287 et seq.); or

   Inserted: (ii) is property subject to the Vienna Convention on Diplomatic Relations or the Vienna Convention on Consular Relations, or that enjoys equivalent privileges and immunities under the laws of the United States, and is being used exclusively for diplomatic or consular purposes.

   Inserted: (2) Clearing corporation.--The term "clearing corporation" means--

   Inserted: (A) a clearing agency (as defined in section 3(a)(23) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)(23)));

   Inserted: (B) a Federal reserve bank; or

   Inserted: (C) any other person that provides clearance or settlement services with respect to financial assets that would require it to register as a clearing agency under the Federal securities laws but for an exclusion or exemption from the registration requirement under section 3(a)(23)(B) of the Securities Exchange Act of 1934, if its activities as a clearing corporation, including promulgation of rules, are subject to regulation by a Federal or State governmental authority.

   Inserted: (3) Financial asset; security.--The terms "financial asset" and "security" have the meanings given those terms in the Uniform Commercial Code.

   Inserted: (4) Iran.--The term "Iran" means the Government of Iran, including the central bank or monetary authority of that Government and any agency or instrumentality of that Government.

   Inserted: (5) Property subject to the vienna convention on diplomatic relations or the vienna convention on consular relations.--The term "property subject to the Vienna Convention on Diplomatic Relations or the Vienna Convention on Consular Relations" means any property the attachment in aid of execution or execution of which would result in a violation of an obligation of the United States under the Vienna Convention on Diplomatic Relations, done at Vienna April 18, 1961, or the Convention on Consular Relations, done at Vienna April 24, 1963.

   Inserted: (6) Securities intermediary.--The term "securities intermediary" means--

   Inserted: (A) a clearing corporation; or

   Inserted: (B) a person, including a bank or broker, that in the ordinary course of its business maintains securities accounts for others and is acting in that capacity.

   Inserted: (7) United states.--The terms "United States" includes all territory and waters, continental or insular, subject to the jurisdiction of the United States.

   Inserted: SEC. 504. REPORT ON MEMBERSHIP OF IRAN IN INTERNATIONAL ORGANIZATIONS.

   Inserted: Not later than 180 days after the date of the enactment of this Act, and annually thereafter not later than September 1, the Secretary of State shall submit to Congress a report listing the international organizations of which Iran is a member and detailing the amount that the United States contributes to each such organization on an annual basis.

   TITLE VI--GENERAL PROVISIONS

   Struck: SEC. 601. DENIAL OF VISAS FOR CERTAIN PERSONS OF THE GOVERNMENT OF IRAN.

   Struck: (a) In General.--Except as necessary to meet United States obligations under the Agreement between the United Nations and the United States of America regarding the Headquarters of the United Nations, signed June 26, 1947, and entered into force November 21, 1947, and other applicable international treaty obligations, the Secretary of State shall deny a visa to, and the Secretary of Homeland Security shall deny admission into the United States to, a person of the Government of Iran pursuant to section 6(j)(1)(A) of the Export Administration Act of 1979 (as in effect pursuant to the International Emergency Economic Powers Act; 50 U.S.C. 1701 et seq.), section 40(d) of the Arms Export Control Act (22 U.S.C. 2780(d)), and section 620A of the Foreign Assistance Act of 1961 (22 U.S.C. 2371), including a person who is a senior official of the Government of Iran who is specified in the list under section 205(a)(1), if the Secretary determines that such person--

   Struck: (1) is an agent, instrumentality, or official of, is affiliated with, or is serving as a representative of the Government of Iran; and

   Struck: (2) presents a threat to the United States or is affiliated with terrorist organizations.

   Show 59 more struck paragraphsShow less

   Struck: (b) Restriction on Movement.--The Secretary of State shall restrict in Washington, D.C., and at the United Nations in New York City, the travel to only within a 25-mile radius of Washington, D.C., or the United Nations headquarters building, respectively, of any person identified in subsection (a).

   Struck: (c) Restriction on Contact.--No person employed with the United States Government may contact in an official or unofficial capacity any person that--

   Struck: (1) is an agent, instrumentality, or official of, is affiliated with, or is serving as a representative of the Government of Iran; and

   Struck: (2) presents a threat to the United States or is affiliated with terrorist organizations.

   Struck: (d) Waiver.--The President may waive the requirements of subsection (c) if the President determines and so reports to the appropriate congressional committees 15 days prior to the exercise of waiver authority that failure to exercise such waiver authority would pose an unusual and extraordinary threat to the vital national security interests of the United States.

   Struck: SEC. 602. INADMISSIBILITY OF CERTAIN ALIENS WHO ENGAGE IN CERTAIN ACTIVITIES WITH RESPECT TO IRAN.

   Struck: (a) In General.--Section 212(a)(3) of the Immigration and Nationality Act (8 U.S.C. 1182(a)(3)) is amended by adding at the end the following:

   Struck: "(H) Individuals who engage in certain activities with respect to iran.--

   Struck: "(i) In general.--Subject to clause (iii), any alien described in clause (ii) is inadmissible.

   Struck: "(ii) Aliens described.--An alien described in this clause is an alien who the Secretary of State determines--

   Struck: "(I) engages in--

   Struck: "(aa) an activity for which sanctions may be imposed pursuant to section 105(a) of the Iran Threat Reduction Act of 2011;

   Struck: "(bb) an activity--

   Struck: "(AA) relating to the proliferation by Iran of weapons of mass destruction or the means of delivery of such weapons; and

   Struck: "(BB) for which sanctions may be imposed pursuant to Executive Order No. 13382 (70 Fed. Reg. 38567) (or any successor thereto);

   Struck: "(cc) an activity--

   Struck: "(AA) relating to support for international terrorism by the Government of Iran; and

   Struck: "(BB) for which sanctions may be imposed pursuant to Executive Order No. 13224 (66 Fed. Reg. 49079) (or any successor thereto); or

   Struck: "(dd) any other activity with respect to Iran for which sanctions may be imposed pursuant to any other provision of law;

   Struck: "(II) is the chief executive officer, president, or other individual in charge of overall management of, a member of the board of directors of, or a shareholder with a controlling interest in, an entity that engages in an activity described in subclause (I); or

   Struck: "(III) is a spouse or minor child of--

   Struck: "(aa) an alien who engages in an activity described in subclause (I); or

   Struck: "(bb) the chief executive officer, president, or other individual in charge of overall management of, a member of the board of directors of, or a shareholder with a controlling interest in, an entity that engages in an activity described in subclause (I).

   Struck: "(iii) Notice; waiver with respect to certain entities.--

   Struck: "(I) Notice.--The Secretary of State may notify an alien the Secretary determines may be inadmissible under this subparagraph--

   Struck: "(aa) that the alien may be inadmissible; and "(bb) of the reason for the inadmissibility of the alien.

   Struck: "(II) Waiver.--The President may waive the application of this subparagraph and admit an alien to the United States if--

   Struck: "(aa) the alien is described in subclause (II) or (III)(bb) of clause (ii);

   Struck: "(bb) the entity that engaged in the activity that would otherwise result in the inadmissibility of the alien under this subparagraph is no longer engaging the activity or has taken significant steps toward stopping the activity; and

   Struck: "(cc) the President has received reliable assurances that the entity will not knowingly engage in an activity described in clause (ii)(I) again.".

   Struck: (b) Regulations.--Section 428 of the Homeland Security Act of 2002 (6 U.S.C. 236) is amended by adding at the end the following:

   Struck: "(j) Regulations With Respect to Inadmissibility of Aliens Who Engage in Certain Transactions With Iran.--Not later than 180 days after the date of the enactment of this subsection, the Secretary shall issue regulations and guidelines for interpreting and enforcing the prohibition under subparagraph (H) of section 212(a)(3) of the Immigration and Nationality Act (8 U.S.C. 1182(a)(3)) on the admissibility of aliens who engage in certain sanctionable activities with respect to Iran.".

   Struck: SEC. 603. AMENDMENTS TO CIVIL AND CRIMINAL PENALTIES PROVISIONS UNDER THE INTERNATIONAL EMERGENCY ECONOMIC POWERS ACT.

   Struck: (a) In General.--Section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1705) is amended--

   Struck: (1) in subsection (a), by striking "attempt to violate, conspire to violate" and inserting "attempt or conspire to violate";

   Struck: (2) in subsection (b), by striking "not to exceed" and all that follows and inserting "that is not less than twice the value of the transaction that is the basis of the violation."; and

   Struck: (3) in subsection (c) to read as follows:

   Struck: "(c) Criminal Penalties.--A person who willfully commits, attempts or conspires to commit, or aids or abets in the commission of, an unlawful act described in subsection (a) shall be fined not less than $1,000,000, imprisoned for not more than 20 years, or both. A person other than a natural person shall be fined in an amount not less than the greater of half of the value of the transaction that is the basis of the violation or $10,000,000.".

   Struck: (b) Effective Date.--The amendments made by this section take effect on the date of the enactment of this Act and apply with respect to any violation of section 206(a) of the International Emergency Economic Powers Act (50 U.S.C. 1705(a)) that occurs on or after such date of enactment.

   Struck: SEC. 604. EXCLUSION OF CERTAIN ACTIVITIES.

   Struck: Nothing in this Act or any amendment made by this Act shall apply to--

   Struck: (1) activities subject to the reporting requirements of title V of the National Security Act of 1947; or

   Struck: (2) involving a natural gas development and pipeline project initiated prior to the date of enactment of this Act--

   Struck: (A) to bring gas from Azerbaijan to Europe and Turkey;

   Struck: (B) in furtherance of a production sharing agreement or license awarded by a sovereign government, other than the Iranian government, before the date of enactment of this Act; and

   Struck: (C) for the purpose of providing energy security and independence from Russia and other governments engaged in activities subject to sanctions under this Act.

   Struck: SEC. 605. REGULATORY AUTHORITY.

   Struck: (a) In General.--The President shall, not later than 90 days after the date of the enactment of this Act, promulgate regulations as necessary for the implementation of this Act and the amendments made by this Act.

   Struck: (b) Consultation With Congress.--Not less than 10 days prior to the promulgation of regulations under subsection (a), the President shall notify the appropriate congressional committees of the proposed regulations and the provisions of this Act and the amendments made by this Act that the regulations are implementing.

   Struck: SEC. 606. SUNSET.

   Struck: (a) Sunset.--The provisions of this Act and the amendments made by this Act shall terminate, and shall cease to be effective, on the date that is 30 days after the date on which the President certifies to Congress that Iran--

   Struck: (1) has ceased and verifiably dismantled its efforts to design, develop, manufacture, or acquire--

   Struck: (A) a nuclear explosive device or related materials and technology;

   Struck: (B) chemical and biological weapons; and

   Struck: (C) ballistic missiles and ballistic missile launch technology;

   Struck: (2) no longer provides support for acts of international terrorism; and

   Struck: (3) poses no threat to United States national security, interests, or allies.

   Struck: (b) Notification.--The President shall notify the Committee on Foreign Affairs of the House of Representatives and the Committee on Foreign Relations of the Senate not later than 15 days before making a certification described in subsection (a).

   Struck: Passed the House of Representatives December 14, 2011.

   Inserted: SEC. 601. TECHNICAL IMPLEMENTATION; PENALTIES.

   Inserted: (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--

   Inserted: (1) sections 211, 213, and 216, subtitle A of title III, and title VII of this Act; and

   Inserted: (2) sections 105A and 105B of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, as added by subtitle A of title IV of this Act.

   Inserted: (b) Penalties.--

   Inserted: (1) In general.--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 a provision specified in paragraph (2) of this subsection, or an order or regulation prescribed under such a provision, to the same extent that such penalties apply to a person that commits an unlawful act described in section 206(a) of that Act.

   Inserted: (2) Provisions specified.--The provisions specified in this paragraph are the following:

   Inserted: (A) Sections 211 and 216, subtitle A of title III, and title VII of this Act.

   Inserted: (B) Sections 105A and 105B of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, as added by subtitle A of title IV of this Act.

   Inserted: SEC. 602. APPLICABILITY TO CERTAIN INTELLIGENCE ACTIVITIES.

   Inserted: Nothing in this Act or the amendments made by this Act shall apply to the authorized intelligence activities of the United States.

   Inserted: SEC. 603. TERMINATION.

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   Inserted: The provisions of sections 211, 213, 215, 216, 217, and 501, title I, and subtitle A of title III shall terminate on the date that is 30 days after the date on which the President makes the certification described in section 401(a) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8551(a)).

   Inserted: TITLE VII--SANCTIONS WITH RESPECT TO HUMAN RIGHTS ABUSES IN SYRIA

   Inserted: SEC. 701. SHORT TITLE.

   Inserted: This title may be cited as the "Syria Human Rights Accountability Act of 2012".

   Inserted: SEC. 702. IMPOSITION OF SANCTIONS WITH RESPECT TO CERTAIN PERSONS WHO ARE RESPONSIBLE FOR OR COMPLICIT IN HUMAN RIGHTS ABUSES COMMITTED AGAINST CITIZENS OF SYRIA OR THEIR FAMILY MEMBERS.

   Inserted: (a) In General.--The President shall impose sanctions described in subsection (c) with respect to each person on the list required by subsection (b).

   Inserted: (b) List of Persons Who Are Responsible for or Complicit in Certain Human Rights Abuses.--

   Inserted: (1) In general.--Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a list of persons who are officials of the Government of Syria or persons acting on behalf of that Government that the President determines, based on credible evidence, are responsible for or complicit in, or responsible for ordering, controlling, or otherwise directing, the commission of serious human rights abuses against citizens of Syria or their family members, regardless of whether such abuses occurred in Syria.

   Inserted: (2) Updates of list.--The President shall submit to the appropriate congressional committees an updated list under paragraph (1)--

   Inserted: (A) not later than 270 days after the date of the enactment of this Act and every 180 days thereafter; and

   Inserted: (B) as new information becomes available.

   Inserted: (3) Form of report; public availability.--

   Inserted: (A) Form.--The list required by paragraph (1) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: (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.

   Inserted: (4) Consideration of data from other countries and nongovernmental organizations.--In preparing the list required by paragraph (1), the President shall consider credible data already obtained by other countries and nongovernmental organizations, including organizations in Syria, that monitor the human rights abuses of the Government of Syria.

   Inserted: (c) Sanctions Described.--The sanctions described in this subsection are sanctions pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.), including blocking of property and restrictions or prohibitions on financial transactions and the exportation and importation of property, subject to such regulations as the President may prescribe.

   Inserted: SEC. 703. IMPOSITION OF SANCTIONS WITH RESPECT TO THE TRANSFER OF GOODS OR TECHNOLOGIES TO SYRIA THAT ARE LIKELY TO BE USED TO COMMIT HUMAN RIGHTS ABUSES.

   Inserted: (a) In General.--The President shall impose sanctions described in section 702(c) with respect to--

   Inserted: (1) each person on the list required by subsection (b); and

   Inserted: (2) any person that--

   Inserted: (A) is a successor entity to a person on the list;

   Inserted: (B) owns or controls a person on the list, if the person that owns or controls the person on the list had actual knowledge or should have known that the person on the list engaged in the activity described in subsection (b)(2) for which the person was included in the list; or

   Inserted: (C) is owned or controlled by, or under common ownership or control with, the person on the list, if the person owned or controlled by, or under common ownership or control with (as the case may be), the person on the list knowingly engaged in the activity described in subsection (b)(2) for which the person was included in the list.

   Inserted: (b) List.--

   Inserted: (1) In general.--Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a list of persons that the President determines have knowingly engaged in an activity described in paragraph (2) on or after such date of enactment.

   Inserted: (2) Activity described.--

   Inserted: (A) In general.--A person engages in an activity described in this paragraph if the person--

   Inserted: (i) transfers, or facilitates the transfer of, goods or technologies described in subparagraph (C) to Syria; or

   Inserted: (ii) provides services with respect to goods or technologies described in subparagraph (C) after such goods or technologies are transferred to Syria.

   Inserted: (B) Applicability to contracts and other agreements.--A person engages in an activity described in subparagraph (A) without regard to whether the activity is carried out pursuant to a contract or other agreement entered into before, on, or after the date of the enactment of this Act.

   Inserted: (C) Goods or technologies described.--Goods or technologies described in this subparagraph are goods or technologies that the President determines are likely to be used by the Government of Syria or any of its agencies or instrumentalities to commit human rights abuses against the people of Syria, including--

   Inserted: (i) firearms or ammunition (as those terms are defined in section 921 of title 18, United States Code), rubber bullets, police batons, pepper or chemical sprays, stun grenades, electroshock weapons, tear gas, water cannons, or surveillance technology; or

   Inserted: (ii) sensitive technology.

   Inserted: (D) Sensitive technology defined.--

   Inserted: (i) In general.--For purposes of subparagraph (C), the term "sensitive technology" means hardware, software, telecommunications equipment, or any other technology, that the President determines is to be used specifically--

   Inserted: (I) to restrict the free flow of unbiased information in Syria; or

   Inserted: (II) to disrupt, monitor, or otherwise restrict speech of the people of Syria.

   Inserted: (ii) Exception.--The term "sensitive technology" does not include information or informational materials the exportation of which the President does not have the authority to regulate or prohibit pursuant to section 203(b)(3) of the International Emergency Economic Powers Act (50 U.S.C. 1702(b)(3)).

   Inserted: (3) Special rule to allow for termination of sanctionable activity.--The President shall not be required to include a person on the list required by paragraph (1) if the President certifies in writing to the appropriate congressional committees that--

   Inserted: (A) the person is no longer engaging in, or has taken significant verifiable steps toward stopping, the activity described in paragraph (2) for which the President would otherwise have included the person on the list; and

   Inserted: (B) the President has received reliable assurances that the person will not knowingly engage in any activity described in paragraph (2) in the future.

   Inserted: (4) Updates of list.--The President shall submit to the appropriate congressional committees an updated list under paragraph (1)--

   Inserted: (A) not later than 270 days after the date of the enactment of this Act and every 180 days thereafter; and

   Inserted: (B) as new information becomes available.

   Inserted: (5) Form of report; public availability.--

   Inserted: (A) Form.--The list required by paragraph (1) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: (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.

   Inserted: SEC. 704. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO ENGAGE IN CENSORSHIP OR OTHER FORMS OF REPRESSION IN SYRIA.

   Inserted: (a) In General.--The President shall impose sanctions described in section 702(c) with respect to each person on the list required by subsection (b).

   Inserted: (b) List of Persons Who Engage in Censorship.--

   Inserted: (1) In general.--Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a list of persons that the President determines have engaged in censorship, or activities relating to censorship, in a manner that prohibits, limits, or penalizes the legitimate exercise of freedom of expression by citizens of Syria.

   Inserted: (2) Updates of list.--The President shall submit to the appropriate congressional committees an updated list under paragraph (1)--

   Inserted: (A) not later than 270 days after the date of the enactment of this Act and every 180 days thereafter; and

   Inserted: (B) as new information becomes available.

   Inserted: (3) Form of report; public availability.--

   Inserted: (A) Form.--The list required by paragraph (1) shall be submitted in unclassified form but may contain a classified annex.

   Inserted: (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.

   Inserted: SEC. 705. WAIVER.

   Inserted: The President may waive the requirement to include a person on a list required by section 702, 703, or 704 or to impose sanctions pursuant to any such section if the President--

   Inserted: (1) determines that such a waiver is in the national security interests of the United States; and

   Inserted: (2) submits to the appropriate congressional committees a report on the reasons for that determination.

   Inserted: SEC. 706. TERMINATION.

   Inserted: (a) In General.--The provisions of this title and any sanctions imposed pursuant to this title shall terminate on the date on which the President submits to the appropriate congressional committees--

   Inserted: (1) the certification described in subsection (b); and

   Inserted: (2) a certification that--

   Inserted: (A) the Government of Syria is democratically elected and representative of the people of Syria; or

   Inserted: (B) a legitimate transitional government of Syria is in place.

   Inserted: (b) Certification Described.--A certification described in this subsection is a certification by the President that the Government of Syria--

   Inserted: (1) has unconditionally released all political prisoners;

   Inserted: (2) has ceased its practices of violence, unlawful detention, torture, and abuse of citizens of Syria engaged in peaceful political activity;

   Inserted: (3) has ceased its practice of procuring sensitive technology designed to restrict the free flow of unbiased information in Syria, or to disrupt, monitor, or otherwise restrict the right of citizens of Syria to freedom of expression;

   Inserted: (4) has ceased providing support for foreign terrorist organizations and no longer allows such organizations, including Hamas, Hezbollah, and Palestinian Islamic Jihad, to maintain facilities in territory under the control of the Government of Syria; and

   Inserted: (5) has ceased the development and deployment of medium-and long-range surface-to-surface ballistic missiles;

   Inserted: (6) is not pursuing or engaged in the research, development, acquisition, production, transfer, or deployment of biological, chemical, or nuclear weapons, and has provided credible assurances that it will not engage in such activities in the future; and

   Inserted: (7) has agreed to allow the United Nations and other international observers to verify that the Government of Syria is not engaging in such activities and to assess the credibility of the assurances provided by that Government.

   Inserted: (c) Suspension of Sanctions After Election of Democratic Government.--If the President submits to the appropriate congressional committees the certification described in subsection (a)(2), the President may suspend the provisions of this title and any sanctions imposed under this title for not more than one year to allow time for a certification described in subsection (b) to be submitted.

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