S.Amdt. 497

SA 497. Mr. CRUZ submitted an amendment intended to be proposed by
him to the bill S. 1790, to authorize appropriations for fiscal year
2020 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:

At the end of subtitle C of title XII, add the following:

SEC. 1226. IMPOSITION OF SANCTIONS WITH RESPECT TO SPECIAL
TRADE AND FINANCE INSTITUTE OF IRAN.

(a) In General.--Beginning on the date that is 90 days
after the date of the enactment of this Act, the President
shall impose the sanctions described in subsection (b) with
respect to the Special Trade and Finance Institute of Iran
and any foreign person that is an officer, agent, or
shareholder of the Institute.
(b) Sanctions Described.--The sanctions described in this
subsection are sanctions applicable with respect to a foreign
person pursuant to Executive Order 13224 (50 U.S.C. 1701
note; relating to blocking property and prohibiting
transactions with persons who commit, threaten to commit, or
support terrorism).
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