Amendment clarifies prohibited forms of payment to Iran, to include monetary instruments and precious metals.
What it does: 4 changes: replaces text in 3 places, inserts textDescription
An amendment numbered 1 printed in House Report 114-781 to clarify prohibited forms of payment to Iran, to include monetary instruments and precious metals.
What it changes
4 changes to H.R. 5931
Change 1: Rewrites page 5, lines 11–17
ReplacesPrinted pageRemoves page 5, lines 11–17 of the printed bill. See that page
Inserted: (a) Prohibition.--
Inserted: (1) In general.--Notwithstanding any other provision of law, beginning on the date of the enactment of this Act, the United States Government may not provide, directly or indirectly, to the Government of Iran--
Inserted: (A) monetary instruments; or
Inserted: (B) precious metals.
Inserted: (2) Definitions.--In this subsection--
Inserted: (A) the term "monetary instruments" has the meaning given the term in paragraph (dd) of section 1010.100 of title 31, Code of Federal Regulations; and
Inserted: (B) the term "precious metal" has the meaning given the term in section 1027.100(d) of title 31, Code of Federal Regulations.
Original wording
Page 5, strike line 11 and all that follows through line 17 and insert the following:
Change 2: Inserts new text on page 6, line 11
InsertsPrinted pageInserted: (c) Rule of Construction.--The term "agreement to settle a claim or claims brought before the Iran-United States Claims Tribunal", as used in subsection (b), shall not be construed to mean a "promissory note", as used in the definition of "monetary instrument" for purposes of subsection (a).
Original wording
Page 6, after line 11, insert the following:
Change 3: Replaces “(c)” with “(d)”
[struck: (c)][inserted: (d)]Original wording
Page 6, line 12, strike “(c)” and insert “(d)”.
Change 4: Replaces “(d)” with “(e)”
[struck: (d)][inserted: (e)]Original wording
Page 7, line 6, strike “(d)” and insert “(e)”.
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
Page 5, strike line 11 and all that follows through line 17 and insert the following:
(a) Prohibition.--
(1) In general.--Notwithstanding any other provision of law, beginning on the date of the enactment of this Act, the United States Government may not provide, directly or indirectly, to the Government of Iran--
(A) monetary instruments; or
(B) precious metals.
(2) Definitions.--In this subsection--
(A) the term “monetary instruments” has the meaning given the term in paragraph (dd) of section 1010.100 of title 31, Code of Federal Regulations; and
(B) the term “precious metal” has the meaning given the term in section 1027.100(d) of title 31, Code of Federal Regulations.
Page 6, after line 11, insert the following:
(c) Rule of Construction.--The term “agreement to settle a claim or claims brought before the Iran-United States Claims Tribunal”, as used in subsection (b), shall not be construed to mean a “promissory note”, as used in the definition of “monetary instrument” for purposes of subsection (a).
Page 6, line 12, strike “(c)” and insert “(d)”.
Page 7, line 6, strike “(d)” and insert “(e)”.
Legislative Activity
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House amendment offered
September 22, 2016
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House amendment offered
September 22, 2016
Amendment agreed to Committee of the Whole
September 22, 2016 • 7:08 PM
House amendment agreed to: On agreeing to the Royce amendment (A001) Agreed to by voice vote.
September 22, 2016 • 7:08 PM
House amendment offered/reported by : Amendment (A001) offered by Mr. Royce.(consideration: CR H5849-5850; text: CR H5849)
September 22, 2016 • 6:58 PM
Amendment (A001) offered by Mr. Royce. (consideration: CR H5849-5850; text: CR H5849)
September 22, 2016 • 6:58 PM
On agreeing to the Royce amendment (A001) Agreed to by voice vote.
September 22, 2016 • 7:08 PM