S.Amdt. 2523

1. Adds Subtitle D--Iran Sanctions SEC. 1241. SHORT TITLE at the end of title XII

   Adds a section

   In S. 1197 · Placed on Calendar Senate

   (2) the Committee on Armed Services and the Committee on Foreign Affairs of the House of Representatives.

   Inserted: Subtitle D--Iran Sanctions SEC. 1241. SHORT TITLE.

   Inserted: This subtitle may be cited as the "Nuclear Free Iran Act of 2013".

   Inserted: PART I--EXPANSION AND IMPOSITION OF SANCTIONS

   Inserted: SEC. 1251. APPLICABILITY OF SANCTIONS WITH RESPECT TO PETROLEUM TRANSACTIONS.

   Inserted: (a) In General.--Section 1245(d)(4)(D)(i) of the National Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(4)(D)(i)) is amended--

   Inserted: (1) in subclause (I), by striking "reduced reduced its volume of crude oil purchases from Iran" and inserting "reduced the volume of its purchases of petroleum from Iran or of Iranian origin"; and

   Inserted: (2) in subclause (II), by striking "crude oil purchases from Iran" and inserting "purchases of petroleum from Iran or of Iranian origin".

   Inserted: (b) Definitions.--Section 1245(h) of the National Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(h)) is amended--

   Inserted: (1) by redesignating paragraphs (3) and (4) as paragraphs (5) and (6), respectively; and

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

   Inserted: "(3) Iranian origin.--The term 'Iranian origin', with respect to petroleum, means extracted, produced, or refined in Iran.

   Inserted: "(4) Petroleum.--The term 'petroleum' includes crude oil, lease condensates, fuel oils, and other unfinished oils.".

   Show 162 more inserted paragraphsShow less

   Inserted: (c) Conforming Amendments.--Section 102(b) of the Iran Threat Reduction and Syria Human Rights Act of 2012 (22 U.S.C. 8712(b)) is amended--

   Inserted: (1) in paragraph (3)--

   Inserted: (A) by striking "crude oil purchases from Iran" and inserting "purchases of petroleum from Iran or of Iranian origin"; and

   Inserted: (B) by striking "as amended by section 504,"; and

   Inserted: (2) in paragraph (4), by striking "crude oil purchases" and inserting "purchases of petroleum from Iran or of Iranian origin".

   Inserted: (d) Effective Date.--The amendments made by this section shall apply with respect to determinations under section 1245(d)(4)(D)(i) of the National Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(4)(D)(i)) on or after the date that is 90 days after the date of the enactment of this Act.

   Inserted: SEC. 1252. INELIGIBILITY FOR EXCEPTION TO CERTAIN SANCTIONS FOR COUNTRIES THAT DO NOT REDUCE PURCHASES OF PETROLEUM FROM IRAN OR OF IRANIAN ORIGIN TO A DE MINIMIS LEVEL.

   Inserted: (a) Statement of Policy.--It is the policy of the United States to seek to ensure that all countries reduce their purchases of crude oil, lease condensates, fuel oils, and other unfinished oils from Iran or of Iranian origin to a de minimis level by the end of the 1-year period beginning on the date of the enactment of this Act.

   Inserted: (b) Ineligibility for Exceptions to Sanctions.--Section 1245(d)(4)(D) of the National Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(4)(D)) is amended by adding at the end the following:

   Inserted: "(iii) Ineligibility for exception.--

   Inserted: "(I) In general.--A country that purchased petroleum from Iran or of Iranian origin during the one-year period preceding the date of the enactment of the Nuclear Free Iran Act of 2013 may continue to receive an exception under clause (i) on or after the date that is one year after such date of enactment only--

   Inserted: "(aa) if the country reduces its purchases of petroleum from Iran or of Iranian origin to a de minimis level by the end of the one-year period beginning on such date of enactment; or

   Inserted: "(bb) as provided in subclause (II) or (III).

   Inserted: "(II) Countries that dramatically reduce purchases.--

   Inserted: "(aa) In general.--A country that would otherwise be ineligible pursuant to subclause (I)(aa) to receive an exception under clause (i) may continue to receive such an exception during the one-year period beginning on the date that is one year after the date of the enactment of the Nuclear Free Iran Act of 2013 if the country--

   Inserted: "(AA) dramatically reduced by at least 30 percent its purchases of petroleum from Iran or of Iranian origin during the one-year period beginning on such date of enactment; and

   Inserted: "(BB) is expected to reduce its purchases of petroleum from Iran or of Iranian origin to a de minimis level within a defined period of time that is not later than 2 years after such date of enactment.

   Inserted: "(bb) Termination of exception.--If a country that continues to receive an exception under clause (i) pursuant to item (aa) does not reduce its purchases of petroleum from Iran or of Iranian origin to a de minimis level by the end of the one-year period beginning on the date that is one year after the date of the enactment of the Nuclear Free Iran Act of 2013, that country shall not be eligible for such an exception on or after the date that is 2 years after such date of enactment.

   Inserted: "(III) Reinstatement of eligibility for exception.--A country that becomes ineligible for an exception under clause (i) pursuant to subclause (I) or (II) shall be eligible for such an exception in accordance with the provisions of clause (i) on and after the date on which the President determines the country has reduced its purchases of petroleum from Iran or of Iranian origin to a de minimis level.".

   Inserted: (c) Conforming Amendment.--Section 1245(d)(4)(D)(i) of the National Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(4)(D)(i)) is amended in the matter preceding subclause (I) by striking "Sanctions imposed" and inserting "Except as provided in clause (iii), sanctions imposed".

   Inserted: SEC. 1253. IMPOSITION OF SANCTIONS WITH RESPECT TO PORTS, SPECIAL ECONOMIC ZONES, AND STRATEGIC SECTORS OF IRAN.

   Inserted: (a) Findings.--Section 1244(a)(1) of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8803(a)(1)) is amended by striking "and shipbuilding" and inserting "shipbuilding, construction, engineering, and mining".

   Inserted: (b) Expansion of Designation of Entities of Proliferation Concern.--Section 1244(b) of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8803(b)) is amended by striking "in Iran and entities in the energy, shipping, and shipbuilding sectors" and inserting ", special economic zones, or free economic zones in Iran, and entities in strategic sectors".

   Inserted: (c) Expansion of Entities Subject to Asset Freeze.--Section 1244(c) of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8803(c)) is amended--

   Inserted: (1) in paragraph (1)(A), by striking "the date that is 180 days after the date of the enactment of this Act" and inserting "the date that is 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013"; and

   Inserted: (2) in paragraph (2)--

   Inserted: (A) in the matter preceding subparagraph (A), by striking "the date that is 180 days after the date of the enactment of this Act" and inserting the "the date that is 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013";

   Inserted: (B) by striking "the energy, shipping, or shipbuilding sectors" each place it appears and inserting "a strategic sector"; and

   Inserted: (C) by inserting ", special economic zone, or free economic zone" after "port" each place it appears; and

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

   Inserted: "(4) Strategic sector defined.--

   Inserted: "(A) In general.--In this section, the term 'strategic sector' means--

   Inserted: "(i) the energy, shipping, shipbuilding, and mining sectors of Iran;

   Inserted: "(ii) except as provided in subparagraph (B), the construction and engineering sectors of Iran; and

   Inserted: "(iii) any other sector the President designates as of strategic importance to Iran.

   Inserted: "(B) Exception for construction and engineering of schools, hospitals, and similar facilities.--For purposes of this section, a person engaged in the construction or engineering of schools, hospitals, or similar facilities (as determined by the President) shall not be considered part of a strategic sector of Iran.

   Inserted: "(C) Notification of strategic sector designation.--The President shall submit to Congress a notification of the designation of a sector as a strategic sector of Iran for purposes of subparagraph (A)(iii) not later than 5 days after the date on which the President makes the designation.".

   Inserted: (d) Additional Sanctions With Respect to Strategic Sectors.--Section 1244(d) of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8803(d)) is amended--

   Inserted: (1) in paragraph (1)(A), by striking "the date that is 180 days after the date of the enactment of this Act" and inserting "the date that is 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013";

   Inserted: (2) in paragraph (2), by striking "the date that is 180 days after the date of the enactment of this Act" and inserting "the date that is 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013"; and

   Inserted: (3) in paragraph (3), by striking "the energy, shipping, or shipbuilding sectors" and inserting "a strategic sector".

   Inserted: (e) Sale, Supply, or Transfer of Certain Materials to or From Iran.--Section 1245 of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8804) is amended--

   Inserted: (1) in subsection (a)(1)--

   Inserted: (A) in the matter preceding subparagraph (A), by striking "the date that is 180 days after the date of the enactment of this Act" and inserting "the date that is 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013"; and

   Inserted: (B) in subparagraph (C)(i)(I), by striking "the energy, shipping, or shipbuilding sectors" and inserting "a strategic sector (as defined in section 1244(c)(4))"; and

   Inserted: (2) in subsection (c), by striking "the date that is 180 days after the date of the enactment of this Act" and inserting "the date that is 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013".

   Inserted: (f) Provision of Insurance to Sanctioned Persons.--Section 1246(a)(1) of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8805(a)(1)) is amended--

   Inserted: (1) in the matter preceding subparagraph (A), by striking "the date that is 180 days after the date of the enactment of this Act" and inserting "the date that is 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013"; and

   Inserted: (2) in subparagraph (B)(i), by striking "the energy, shipping, or shipbuilding sectors" and inserting "a strategic sector (as defined in section 1244(c)(4))".

   Inserted: (g) Conforming Amendments.--Section 1244 of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8803), as amended by subsections (a), (b), (c), and (d), is further amended--

   Inserted: (1) in the section heading, by striking "the energy, shipping, and shipbuilding" and inserting "certain ports, economic zones, and";

   Inserted: (2) in subsection (b), in the subsection heading, by striking "Ports and Entities in the Energy, Shipping, and Shipbuilding Sectors of Iran" and inserting "Certain Entities";

   Inserted: (3) in subsection (c), in the subsection heading, by striking "Entities in Energy, Shipping, and Shipbuilding Sectors" and inserting "Certain Entities"; and

   Inserted: (4) in subsection (d), in the subsection heading, by striking "the Energy, Shipping, and Shipbuilding" and inserting "Strategic".

   Inserted: SEC. 1254. IMPOSITION OF SANCTIONS WITH RESPECT TO TRANSACTIONS IN FOREIGN CURRENCIES WITH OR FOR CERTAIN SANCTIONED PERSONS.

   Inserted: (a) In General.--Title II of the Iran Threat Reduction and Syria Human Rights Act of 2012 (22 U.S.C. 8721 et seq.) is amended--

   Inserted: (1) by inserting after section 221 the following:

   Inserted: "Subtitle C--Other Matters";

   Inserted: (2) by redesignating sections 222, 223, and 224 as sections 231, 232, and 233, respectively; and

   Inserted: (3) by inserting after section 221 the following:

   Inserted: "SEC. 222. IMPOSITION OF SANCTIONS WITH RESPECT TO TRANSACTIONS IN FOREIGN CURRENCIES WITH CERTAIN SANCTIONED PERSONS.

   Inserted: "(a) Imposition of Sanctions.--

   Inserted: "(1) In general.--The President--

   Inserted: "(A) shall prohibit the opening, and prohibit or impose strict conditions on the maintaining, in the United States of a correspondent account or a payable-through account by a foreign financial institution that knowingly conducts or facilitates a transaction described in subsection (b)(1); and

   Inserted: "(B) may impose sanctions pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) with respect to any other person that knowingly conducts or facilitates such a transaction.

   Inserted: "(2) Exception.--The authority to impose sanctions under paragraph (1)(B) shall not include the authority to impose sanctions on the importation of goods.

   Inserted: "(b) Transactions Described.--

   Inserted: "(1) In general.--A transaction described in this subsection is a significant transaction conducted or facilitated by a person related to the currency of a country other than the country with primary jurisdiction over the person with, for, or on behalf of--

   Inserted: "(A) the Central Bank of Iran or an Iranian financial institution designated by the Secretary of the Treasury for the imposition of sanctions pursuant to the International Emergency Economic Powers Act; or

   Inserted: "(B) a person described in section 1244(c)(2) of the Iran Freedom and Counter-Proliferation Act of 2012 (22 U.S.C. 8803(c)(2)) (other than a person described in subparagraph (C)(iii) of that subsection).

   Inserted: "(2) Primary jurisdiction.--For purposes of paragraph (1), a country in which a person operates shall be deemed to have primary jurisdiction over the person only with respect to the operations of the person in that country.

   Inserted: "(c) Applicability.--Subsection (a) shall apply with respect to a transaction described in subsection (b)(1) conducted or facilitated--

   Inserted: "(1) on or after the date that is 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013 pursuant to a contract entered into on or after such date of enactment; and

   Inserted: "(2) on or after the date that is 180 days after such date of enactment pursuant to a contract entered into before such date of enactment.

   Inserted: "(d) Inapplicability to Humanitarian Transactions.--The President may not impose sanctions under subsection (a) with respect to any person for conducting or facilitating a transaction for the sale of agricultural commodities, food, medicine, or medical devices to Iran or for the provision of humanitarian assistance to the people of Iran.

   Inserted: "(e) Waiver.--

   Inserted: "(1) In general.--The President may waive the application of subsection (a) with respect to a person for a period of not more than 180 days, and may renew that waiver for additional periods of not more than 180 days, if the President--

   Inserted: "(A) determines that the waiver is important to the national interest of the United States; and

   Inserted: "(B) not less than 15 days after the waiver or the renewal of the waiver, as the case may be, takes effect, submits a report to the appropriate congressional committees on the waiver and the reason for the waiver.

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

   Inserted: "(f) Definitions.--In this section:

   Inserted: "(1) Financial institution; iranian financial institution.--The terms 'financial institution' and 'Iranian financial institution' have the meanings given those terms in section 104A(d) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513b(d)).

   Inserted: "(2) Transaction.--The term 'transaction' includes a foreign exchange swap, a foreign exchange forward, and any other type of currency exchange or conversion or derivative instrument.".

   Inserted: (b) Additional Definitions.--Section 2 of the Iran Threat Reduction and Syria Human Rights Act (22 U.S.C. 8701) is amended--

   Inserted: (1) by redesignating paragraphs (2), (3), and (4) as paragraphs (5), (6), and (9), respectively;

   Inserted: (2) by striking paragraph (1) and inserting the following:

   Inserted: "(1) Account; correspondent account; payable-through account.--The terms 'account', 'correspondent account', and 'payable-through account' have the meanings given those terms in section 5318A of title 31, United States Code.

   Inserted: "(2) Agricultural commodity.--The term 'agricultural commodity' has the meaning given that term in section 102 of the Agricultural Trade Act of 1978 (7 U.S.C. 5602).

   Inserted: "(3) 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: "(4) Domestic financial institution; foreign financial institution.--The terms 'domestic financial institution' and 'foreign financial institution' have the meanings determined by the Secretary of the Treasury pursuant to section 104(i) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8513(i))."; and

   Inserted: (3) by inserting after paragraph (6), as redesignated by paragraph (1), the following:

   Inserted: "(7) Medical device.--The term 'medical device' has the meaning given the term 'device' in section 201 of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321).

   Inserted: "(8) Medicine.--The term 'medicine' has the meaning given the term 'drug' in section 201 of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321).".

   Inserted: (c) Clerical Amendment.--The table of contents for the Iran Threat Reduction and Syria Human Rights Act of 2012 is amended by striking the items relating to sections 222, 223, and 224 and inserting the following:

   Inserted: "Sec. 222. Imposition of sanctions with respect to transactions in foreign currencies with certain sanctioned persons.

   Inserted: "Subtitle C--Other Matters

   Inserted: "Sec. 231. Sense of Congress and rule of construction relating to certain authorities of State and local governments.

   Inserted: "Sec. 232. Government Accountability Office report on foreign entities that invest in the energy sector of Iran or export refined petroleum products to Iran.

   Inserted: "Sec. 233. Reporting on the importation to and exportation from Iran of crude oil and refined petroleum products.".

   Inserted: PART II--ENFORCEMENT OF SANCTIONS

   Inserted: SEC. 1261. SENSE OF CONGRESS ON THE PROVISION OF SPECIALIZED FINANCIAL MESSAGING SERVICES TO THE CENTRAL BANK OF IRAN AND OTHER SANCTIONED IRANIAN FINANCIAL INSTITUTIONS.

   Inserted: It is the sense of Congress that--

   Inserted: (1) the President has been engaged in intensive diplomatic efforts to ensure that sanctions against Iran are imposed and maintained multilaterally to sharply restrict the access of the Government of Iran to the global financial system;

   Inserted: (2) the European Union is to be commended for strengthening the multilateral sanctions regime against Iran by prohibiting all persons subject to the jurisdiction of the European Union from providing specialized financial messaging services to the Central Bank of Iran and other sanctioned Iranian financial institutions;

   Inserted: (3) in order to continue to sharply restrict access by Iran to the global financial system, the President and the European Union must continue to expeditiously address any judicial, administrative, or other decisions in their respective jurisdictions that might weaken the current multilateral sanctions regime, including decisions regarding the designation of financial institutions and global specialized financial messaging service providers for sanctions; and

   Inserted: (4) existing restrictions on the access of Iran to global specialized financial messaging services should be maintained.

   Inserted: SEC. 1262. INCLUSION OF TRANSFERS OF GOODS, SERVICES, AND TECHNOLOGIES TO STRATEGIC SECTORS OF IRAN FOR PURPOSES OF IDENTIFYING DESTINATIONS OF DIVERSION CONCERN.

   Inserted: (a) In General.--Section 302(b) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8542(b)) is amended--

   Inserted: (1) in paragraph (1)(C)(ii), by striking "; or" and inserting a semicolon;

   Inserted: (2) in paragraph (2), by striking the period at the end and inserting "; or"; and

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

   Inserted: "(3) that will be sold, transferred, or otherwise made available to a strategic sector of Iran.".

   Inserted: (b) Strategic Sector Defined.--Section 301 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8541) is amended--

   Inserted: (1) by redesignating paragraph (14) as paragraph (15); and

   Inserted: (2) by inserting after paragraph (13) the following:

   Inserted: "(14) Strategic sector.--The term 'strategic sector' has the meaning given that term in section 1244(c)(4) of the Iran Freedom and Counter-Proliferation Act of 2012.".

   Inserted: (c) Submission of Report.--Section 302(a) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8542(a)) is amended by striking "180 days after the date of the enactment of this Act" and inserting "90 days after the date of the enactment of the Nuclear Free Iran Act of 2013".

   Inserted: SEC. 1263. AUTHORIZATION OF ADDITIONAL MEASURES WITH RESPECT TO DESTINATIONS OF DIVERSION CONCERN.

   Inserted: (a) In General.--Section 303(c) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8543(c)) is amended--

   Inserted: (1) by striking "Not later than" and inserting the following:

   Inserted: "(1) Licensing requirement.--Not later than"; and

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

   Inserted: "(2) Additional measures.--The President may--

   Inserted: "(A) impose restrictions on United States foreign assistance or measures authorized under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) with respect to a country designated as a Destination of Diversion Concern under subsection (a) if the President determines that those restrictions or measures would prevent the diversion of goods, services, and technologies described in section 302(b) to Iranian end-users or Iranian intermediaries; or

   Inserted: "(B) prohibit the issuance of a license under section 38 of the Arms Export Control Act (22 U.S.C. 2778) for the export to such a country of a defense article or defense service for which a notification to Congress would be required under section 36(b) of that Act (22 U.S.C. 2776(b)).

   Inserted: "(3) Exception.--The authority under paragraph (1)(A) to impose measures authorized under the International Emergency Economic Powers Act shall not include the authority to impose sanctions on the importation of goods.

   Inserted: "(4) Report required.--Not later than 90 days after the date of the enactment of the Nuclear Free Iran Act of 2013, and every 90 days thereafter, the President shall submit to the appropriate congressional committees a report--

   Inserted: "(A) identifying countries that have allowed the diversion through the country of goods, services, or technologies described in section 302(b) to Iranian end-users or Iranian intermediaries during the 180-day period preceding the submission of the report;

   Inserted: "(B) identifying the persons that engaged in such diversion during that period; and

   Inserted: "(C) describing the activities relating to diversion in which those countries and persons engaged.".

   Inserted: (b) Conforming Amendments.--Section 303 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8543) is amended--

   Inserted: (1) in subsection (c), in the subsection heading, by striking "Licensing Requirement" and inserting "Licensing and Other Measures"; and

   Inserted: (2) in subsection (d)--

   Inserted: (A) in paragraph (1), by striking "subsection (c)" and inserting "subsection (c)(1)";

   Inserted: (B) in paragraph (2), by striking "subsection (c)" and inserting "subsection (c)(1)"; and

   Inserted: (C) in paragraph (3), by striking "is it" and inserting "it is".

   Inserted: SEC. 1264. INCREASED STAFFING FOR AGENCIES INVOLVED IN THE IMPLEMENTATION AND ENFORCEMENT OF SANCTIONS AGAINST IRAN.

   Inserted: (a) Increased Staff.--

   Inserted: (1) Department of the treasury.--The Secretary of the Treasury may increase by 20 the number of employees of the Office of Foreign Assets Control dedicated to the implementation and enforcement of sanctions with respect to Iran relative to the number of such employees on the day before the date of the enactment of this Act.

   Inserted: (2) Department of state.--The Secretary of State may increase by 20 the number of employees of the Department of State dedicated to the implementation and enforcement of sanctions with respect to Iran relative to the number of such employees on the day before the date of the enactment of this Act.

   Inserted: (b) Authorization of Appropriations.--There are authorized to be appropriated such sums as are necessary to carry out subsection (a).

   Inserted: PART III--IMPLEMENTATION OF NEW SANCTIONS

   Inserted: SEC. 1271. SUSPENSION OF SANCTIONS TO FACILITATE A DIPLOMATIC SOLUTION.

   Inserted: (a) Suspension of Sanctions After Reaching an Interim Agreement or Arrangement.--

   Inserted: (1) In general.--The President may suspend the application of sanctions imposed under this subtitle or amendments made by this subtitle (other than sanctions imposed pursuant to the amendments made by sections 1262 and 1263) for not more than 180 days after the date of the enactment of this Act if the President certifies to the appropriate congressional committees every 30 days that--

   Inserted: (A) the United States and its allies have reached a verifiable interim agreement or arrangement with Iran toward the termination of its illicit nuclear activities and related weaponization activities;

   Inserted: (B) the steps being taken by Iran pursuant to the interim agreement or arrangement are transparent and verifiable;

   Inserted: (C) any suspension or relief of sanctions provided to Iran pursuant to the interim agreement or arrangement is temporary, reversible, and proportionate to steps taken by Iran with respect to its illicit nuclear program;

   Inserted: (D) Iran has not breached the terms of or any commitment made pursuant to the interim agreement or arrangement;

   Inserted: (E) Iran is proactively engaged in negotiations toward a final agreement or arrangement to terminate its illicit nuclear activities and related weaponization activities;

   Inserted: (F) the United States is working toward a final agreement or arrangement that will dismantle Iran's nuclear infrastructure in a manner that will ensure that Iran is incapable of obtaining a nuclear weapons capability and that permits daily verification, monitoring, and inspections of suspect facilities in Iran;

   Inserted: (G) Iran has not directly, or through a proxy, supported, financed, or otherwise carried out an act of international terrorism against the United States; and

   Inserted: (H) the suspension of sanctions is vital to the national security interest of the United States.

   Inserted: (2) Renewal of suspension.--The President may renew a suspension of sanctions under paragraph (1) for 2 additional periods of not more than 30 days if the President submits to the appropriate congressional committees--

   Inserted: (A) a new certification under that paragraph; and

   Inserted: (B) a certification that a final agreement or arrangement with Iran to verifiably terminate its illicit nuclear program and related weaponization activities is imminent.

   Inserted: (b) Suspension for a Final Agreement or Arrangement.--

   Inserted: (1) In general.--Unless a joint resolution of disapproval is enacted pursuant to paragraph (2), the President may suspend the application of sanctions imposed under this subtitle or amendments made by this subtitle for an indefinite period of time if the President certifies to the appropriate congressional committees that the United States and its allies have reached a final and verifiable agreement or arrangement with Iran that will--

   Inserted: (A) prevent Iran from achieving a nuclear weapons capability; and

   Inserted: (B) provide for the detection of any attempt by Iran to reinstate or advance its nuclear weapons program.

   Inserted: (2) Joint resolution of disapproval.--

   Inserted: (A) In general.--In this paragraph, the term "joint resolution of disapproval" means only a joint resolution of the 2 Houses of Congress, the sole matter after the resolving clause of which is as follows: "That Congress disapproves of the suspension of sanctions imposed with respect to Iran pursuant to the certification of the President submitted to Congress on ______

   Original wording

   At the end of title XII, add the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed