A bill to restrict participation in offshore oil and gas leasing by a person who engages in any activity for which sanctions may be imposed under section 5 of the Iran Sanctions Act of 1996, to require the lessee under an offshore oil and gas lease to disclose any participation by the lessee in certain energy-related joint ventures, investments, or partnerships located outside Iran, and for other purposes.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Gulf Security and Iran Sanctions 
Enforcement Act''.

SEC. 2. RESTRICTION ON PARTICIPATION IN OFFSHORE OIL AND GAS LEASING.

    (a) Certification Requirement.--The Secretary of the Interior 
shall--
            (1) include in each lease issued after the date of 
        enactment of this Act that authorizes drilling for oil and gas 
        on the Outer Continental Shelf a provision that requires that--
                    (A) the person that is the lessee to certify 
                annually to the Secretary that the person does not 
                engage in any activity for which sanctions may be 
                imposed under section 5 of the Iran Sanctions Act of 
                1996 (50 U.S.C. 1701 note); and
                    (B) authorizes the Secretary to cancel the lease if 
                the person fails to make such a certification or makes 
                such a certification that is false; and
            (2) upon determination by the Secretary, in consultation 
        with the Secretary of State and the Secretary of the Treasury, 
        that the person has failed to make a certification required 
        under such provision or made such a certification that is 
        false, shall cancel the lease.
    (b) Disclosure Requirement.--The Secretary of the Interior shall--
            (1) include in each lease issued after the date of 
        enactment of this Act that authorizes drilling for oil and gas 
        on the Outer Continental Shelf a provision that--
                    (A) requires the person that is the lessee to 
                disclose to the Secretary any participation by the 
                person in any energy-related joint venture, investment, 
                or partnership located outside Iran that involves--
                            (i) any person whose property and interests 
                        in property are blocked pursuant to Executive 
                        Order 13224 (66 Fed. Reg. 49079; relating to 
                        blocking property and prohibiting transacting 
                        with persons who commit, threaten to commit, or 
                        support terrorism);
                            (ii) any person whose property and 
                        interests in property 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
                            (iii) any entity listed on appendix A to 
                        part 560 of title 31, Code of Federal 
                        Regulations (relating to the Iranian 
                        Transactions Regulations); and
                    (B) authorizes the Secretary to cancel the lease if 
                the person fails to make such a disclosure or makes 
                such a disclosure that is false; and
            (2) upon determination by the Secretary, in consultation 
        with the Secretary of State and the Secretary of the Treasury, 
        that the person has failed to make a disclosure required under 
        such provision or made such a disclosure that is false, shall 
        cancel the lease.
    (c) Waiver.--
            (1) In general.--The Secretary of the Interior may waive 
        the requirement of subsection (a) or (b) (or both) on a case-
        by-case basis if the Secretary determines and certifies in 
        writing to the appropriate congressional committees that it is 
        in the national interest of the United States to do so.
            (2) Reporting requirement.--Not later than 120 days after 
        the date of the enactment of this Act and semi-annually 
        thereafter, the Secretary of the Interior shall submit to the 
        appropriate congressional committees a report on waivers 
        granted under paragraph (1).
    (d) Reporting Requirement.--The Secretary of the Interior shall 
promptly report to the appropriate congressional committees any 
cancellation of a lease under this section, including an explanation of 
the reasons for the cancellation.
    (e) Definitions.--In this section--
            (1) the term ``appropriate congressional committees'' 
        means--
                    (A) the Committee on Natural Resources and the 
                Committee on Foreign Affairs of the House of 
                Representatives; and
                    (B) the Committee on Energy and Natural Resources 
                and the Committee on Foreign Relations of the Senate; 
                and
            (2) the term ``person'' has the meaning given such term in 
        section 14(14) of the Iran Sanctions Act of 1996 (50 U.S.C. 
        1701 note).

SEC. 3. SUNSET.

    This Act shall terminate 30 days after the date on which the 
President certifies to Congress that the Government of Iran--
            (1) has permanently ceased--
                    (A) providing support for acts of international 
                terrorism and no longer satisfies the requirements for 
                designation as a state sponsor of terrorism for 
                purposes of section 6(j) of the Export Administration 
                Act of 1979, section 620A of the Foreign Assistance Act 
                of 1961, section 40 of the Arms Export Control Act, or 
                any other provision of law; and
                    (B) the pursuit, acquisition, and development of 
                nuclear, biological, and chemical weapons and missiles; 
                and
            (2) poses no significant threat to United States national 
        security, interests, or allies.

Summary: Gulf Security and Iran Sanctions Enforcement Act - Requires the Secretary of the Interior to include in each lease issued after enactment of this Act that authorizes oil and gas drilling on the Outer Continental Shelf a provision that requires: (1) the lessee to certify annually to the Secretary that it does not engage in any activity for which sanctions may be imposed under the Iran Sanctions Act of 1996. And (2) the Secretary to cancel the lease if the lessee fails to make such a certification or makes a false one. Requires such a lease also to require the lessee to disclose to the Secretary any participation in any energy-related joint venture, investment, or partnership located outside Iran that involves: (1) any person whose property and property interests are blocked pursuant to Executive Orders 13224 or 13382. Or (2) any entity on a specified list relating to Iranian Transactions Regulations. Requires cancellation of any lease whose lessee has failed to make such a disclosure or makes a false disclosure. Allows a national interest waiver of these requirements.