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[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1905 Engrossed Amendment House (EAH)]

                In the House of Representatives, U. S.,

                                                        August 1, 2012.
    Resolved, That the House agree to the amendment of the Senate to 
the bill (H.R. 1905) entitled ``An Act to strengthen Iran sanctions 
laws for the purpose of compelling Iran to abandon its pursuit of 
nuclear weapons and other threatening activities, and for other 
purposes.'', with the following

                  HOUSE AMENDMENT TO SENATE AMENDMENT:

            In lieu of the matter proposed to be inserted by the 
      amendment of the Senate, insert the following:

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

    (a) Short Title.--This Act may be cited as the ``Iran Threat 
Reduction and Syria Human Rights Act of 2012''.
    (b) Table of Contents.--The table of contents for this Act is as 
follows:

Sec. 1. Short title; table of contents.
Sec. 2. Definitions.

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

Sec. 101. Sense of Congress on enforcement of multilateral sanctions 
                            regime and expansion and implementation of 
                            sanctions laws.
Sec. 102. Diplomatic efforts to expand multilateral sanctions regime.

TITLE II--EXPANSION OF SANCTIONS RELATING TO THE ENERGY SECTOR OF IRAN 
        AND PROLIFERATION OF WEAPONS OF MASS DESTRUCTION BY IRAN

        Subtitle A--Expansion of the Iran Sanctions Act of 1996

Sec. 201. Expansion of sanctions with respect to the energy sector of 
                            Iran.
Sec. 202. Imposition of sanctions with respect to transportation of 
                            crude oil from Iran and evasion of 
                            sanctions by shipping companies.
Sec. 203. Expansion of sanctions with respect to development by Iran of 
                            weapons of mass destruction.
Sec. 204. Expansion of sanctions available under the Iran Sanctions Act 
                            of 1996.
Sec. 205. Modification of waiver standard under the Iran Sanctions Act 
                            of 1996.
Sec. 206. Briefings on implementation of the Iran Sanctions Act of 
                            1996.
Sec. 207. Expansion of definitions under the Iran Sanctions Act of 
                            1996.
Sec. 208. Sense of Congress on energy sector of Iran.

   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.
Sec. 212. Imposition of sanctions with respect to provision of 
                            underwriting services or insurance or 
                            reinsurance for the National Iranian Oil 
                            Company or the National Iranian Tanker 
                            Company.
Sec. 213. Imposition of sanctions with respect to purchase, 
                            subscription to, or facilitation of the 
                            issuance of Iranian sovereign debt.
Sec. 214. Imposition of sanctions with respect to subsidiaries and 
                            agents of persons sanctioned by United 
                            Nations Security Council resolutions.
Sec. 215. Imposition of sanctions with respect to transactions with 
                            persons sanctioned for certain activities 
                            relating to terrorism or proliferation of 
                            weapons of mass destruction.
Sec. 216. Expansion of, and reports on, mandatory sanctions with 
                            respect to financial institutions that 
                            engage in certain activities relating to 
                            Iran.
Sec. 217. Continuation in effect of sanctions with respect to the 
                            Government of Iran, the Central Bank of 
                            Iran, and sanctions evaders.
Sec. 218. Liability of parent companies for violations of sanctions by 
                            foreign subsidiaries.
Sec. 219. Disclosures to the Securities and Exchange Commission 
                            relating to sanctionable activities.
Sec. 220. Reports on, and authorization of imposition of sanctions with 
                            respect to, the provision of specialized 
                            financial messaging services to the Central 
                            Bank of Iran and other sanctioned Iranian 
                            financial institutions.
Sec. 221. Identification of, and immigration restrictions on, senior 
                            officials of the Government of Iran and 
                            their family members.
Sec. 222. Sense of Congress and rule of construction relating to 
                            certain authorities of State and local 
                            governments.
Sec. 223. Government Accountability Office report on foreign entities 
                            that invest in the energy sector of Iran or 
                            export refined petroleum products to Iran.
Sec. 224. Reporting on the importation to and exportation from Iran of 
                            crude oil and refined petroleum products.

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

     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.
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.
Sec. 303. Identification of, and imposition of measures with respect 
                            to, foreign government agencies carrying 
                            out activities or transactions with certain 
                            Iran-affiliated persons.
Sec. 304. Rule of construction.

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.
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.

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

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

Sec. 401. Imposition of sanctions on certain persons 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.
Sec. 402. 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.
Sec. 403. Imposition of sanctions with respect to persons who engage in 
                            censorship or other related activities 
                            against citizens of Iran.

        Subtitle B--Additional Measures to Promote Human Rights

Sec. 411. Codification of sanctions with respect to grave human rights 
                            abuses by the governments of Iran and Syria 
                            using information technology.
Sec. 412. Clarification of sensitive technologies for purposes of 
                            procurement ban under Comprehensive Iran 
                            Sanctions, Accountability, and Divestment 
                            Act of 2010.
Sec. 413. Expedited consideration of requests for authorization of 
                            certain human rights-, humanitarian-, and 
                            democracy-related activities with respect 
                            to Iran.
Sec. 414. Comprehensive strategy to promote Internet freedom and access 
                            to information in Iran.
Sec. 415. Statement of policy on political prisoners.

                         TITLE V--MISCELLANEOUS

Sec. 501. Exclusion of citizens of Iran seeking education relating to 
                            the nuclear and energy sectors of Iran.
Sec. 502. Interests in certain financial assets of Iran.
Sec. 503. Technical correction to section 1245 of the National Defense 
                            Authorization Act for Fiscal Year 2012.
Sec. 504. Expansion of sanctions under section 1245 of the National 
                            Defense Authorization Act for Fiscal Year 
                            2012.
Sec. 505. Reports on natural gas exports from Iran.
Sec. 506. Report on membership of Iran in international organizations.
Sec. 507. Sense of Congress on exportation of goods, services, and 
                            technologies for aircraft produced in the 
                            United States.

                      TITLE VI--GENERAL PROVISIONS

Sec. 601. Implementation; penalties.
Sec. 602. Applicability to certain intelligence activities.
Sec. 603. Applicability to certain natural gas projects.
Sec. 604. Rule of construction with respect to use of force against 
                            Iran and Syria.
Sec. 605. Termination.

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

Sec. 701. Short title.
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.
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.
Sec. 704. Imposition of sanctions with respect to persons who engage in 
                            censorship or other forms of repression in 
                            Syria.
Sec. 705. Waiver.
Sec. 706. Termination.

SEC. 2. DEFINITIONS.

    Except as otherwise specifically provided, in this Act:
            (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).
            (2) Financial transaction.--The term ``financial 
        transaction'' means any transfer of value involving a financial 
        institution, including the transfer of forwards, futures, 
        options, swaps, or precious metals, including gold, silver, 
        platinum, and palladium.
            (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).
            (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).

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

SEC. 101. SENSE OF CONGRESS ON ENFORCEMENT OF MULTILATERAL SANCTIONS 
              REGIME AND EXPANSION AND IMPLEMENTATION OF SANCTIONS 
              LAWS.

    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 a 
comprehensive policy that includes economic sanctions, diplomacy, and 
military planning, capabilities and options, and that this objective is 
consistent with the one stated by President Barack Obama in the 2012 
State of the Union Address: ``Let there be no doubt: America is 
determined to prevent Iran from getting a nuclear weapon, and I will 
take no options off the table to achieve that goal''. Among the 
economic measures to be taken are--
            (1) prompt enforcement of the current multilateral 
        sanctions regime with respect to Iran;
            (2) full, timely, and vigorous implementation of all 
        sanctions enacted into law, including sanctions imposed or 
        expanded by this Act or amendments made by this Act, through--
                    (A) intensified monitoring by the President and the 
                designees of the President, including the Secretary of 
                the Treasury, the Secretary of State, and senior 
                officials in the intelligence community (as defined in 
                section 3(4) of the National Security Act of 1947 (50 
                U.S.C. 401a(4)), as appropriate;
                    (B) more extensive use of extraordinary authorities 
                provided for under the International Emergency Economic 
                Powers Act (50 U.S.C. 1701 et seq.) and other sanctions 
                laws;
                    (C) reallocation of resources to provide the 
                personnel necessary, within the Department of the 
                Treasury, the Department of State, and the Department 
                of Commerce, and, where appropriate, the intelligence 
                community, to apply and enforce sanctions; and
                    (D) expanded cooperation with international 
                sanctions enforcement efforts;
            (3) urgent consideration of the expansion of existing 
        sanctions with respect to such areas as--
                    (A) the provision of energy-related services to 
                Iran;
                    (B) the provision of insurance and reinsurance 
                services to Iran;
                    (C) the provision of shipping services to Iran; and
                    (D) those Iranian financial institutions not yet 
                designated for the imposition of sanctions that may be 
                acting as intermediaries for Iranian financial 
                institutions that are designated for the imposition of 
                sanctions; and
            (4) a focus on countering Iran's efforts to evade 
        sanctions, including--
                    (A) the activities of telecommunications, Internet, 
                and satellite service providers, in and outside of 
                Iran, to ensure that such providers are not 
                participating in or facilitating, directly or 
                indirectly, the evasion of the sanctions regime with 
                respect to Iran or violations of the human rights of 
                the people of Iran;
                    (B) the activities of financial institutions or 
                other businesses or government agencies, in or outside 
                of Iran, not yet designated for the imposition of 
                sanctions; and
                    (C) urgent and ongoing evaluation of Iran's energy, 
                national security, financial, and telecommunications 
                sectors, to gauge the effects of, and possible defects 
                in, particular sanctions, with prompt efforts to 
                correct any gaps in the existing sanctions regime with 
                respect to Iran.

SEC. 102. DIPLOMATIC EFFORTS TO EXPAND MULTILATERAL SANCTIONS REGIME.

    (a) Multilateral Negotiations.--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, for the purpose of--
            (1) expanding the United Nations Security Council sanctions 
        regime to include--
                    (A) a prohibition on the issuance of visas to any 
                official of the Government of Iran who is involved in--
                            (i) human rights violations in or outside 
                        of Iran;
                            (ii) the development of a nuclear weapons 
                        program and a ballistic missile capability in 
                        Iran; or
                            (iii) support by the Government of Iran for 
                        terrorist organizations, including Hamas and 
                        Hezbollah; and
                    (B) a requirement that each member country of the 
                United Nations--
                            (i) 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; and
                            (ii) apply the prohibitions described in 
                        clause (i) to other Iranian entities designated 
                        for the imposition of sanctions on or after the 
                        date of the enactment of this Act;
            (2) expanding the range of sanctions imposed with respect 
        to Iran by allies of the United States;
            (3) expanding efforts to limit the development of petroleum 
        resources and the importation of refined petroleum products by 
        Iran;
            (4) developing additional initiatives to--
                    (A) increase the production of crude oil in 
                countries other than Iran; and
                    (B) assist countries that purchase or otherwise 
                obtain crude oil or petroleum products from Iran to 
                eliminate their dependence on crude oil and petroleum 
                products from Iran; and
            (5) eliminating the revenue generated by the Government of 
        Iran from the sale of petrochemical products produced in Iran 
        to other countries.
    (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--
            (1) an identification of the countries that have agreed to 
        impose sanctions or take other measures to further the policy 
        set forth in subsection (a);
            (2) the extent of the implementation and enforcement of 
        those sanctions or other measures by those countries;
            (3) the criteria the President uses to determine whether a 
        country has significantly reduced its crude oil purchases from 
        Iran pursuant to section 1245(d)(4)(D) of the National Defense 
        Authorization Act for Fiscal Year 2012, as amended by section 
        504, including considerations of reductions both in terms of 
        volume and price;
            (4) an identification of the countries that have not agreed 
        to impose such sanctions or measures, including such countries 
        granted exceptions for significant reductions in crude oil 
        purchases pursuant to such section 1245(d)(4)(D);
            (5) recommendations for additional measures that the United 
        States could take to further diplomatic efforts described in 
        subsection (a); and
            (6) the disposition of any decision with respect to 
        sanctions imposed with respect to Iran by the World Trade 
        Organization or its predecessor organization.

TITLE II--EXPANSION OF SANCTIONS RELATING TO THE ENERGY SECTOR OF IRAN 
        AND PROLIFERATION OF WEAPONS OF MASS DESTRUCTION BY IRAN

        Subtitle A--Expansion of the Iran Sanctions Act of 1996

SEC. 201. EXPANSION OF SANCTIONS WITH RESPECT TO THE ENERGY SECTOR OF 
              IRAN.

    Section 5(a) of the Iran Sanctions Act of 1996 (Public Law 104-172; 
50 U.S.C. 1701 note) is amended--
            (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'';
            (2) in paragraph (1)(A)--
                    (A) by striking ``3 or more'' and inserting ``5 or 
                more''; and
                    (B) by striking ``the Comprehensive Iran Sanctions, 
                Accountability, and Divestment Act of 2010'' and 
                inserting ``the Iran Threat Reduction and Syria Human 
                Rights Act of 2012'';
            (3) in paragraph (2)--
                    (A) in subparagraph (A)--
                            (i) by striking ``3 or more'' and inserting 
                        ``5 or more''; and
                            (ii) by striking ``the Comprehensive Iran 
                        Sanctions, Accountability, and Divestment Act 
                        of 2010'' and inserting ``the Iran Threat 
                        Reduction and Syria Human Rights Act of 2012''; 
                        and
                    (B) in subparagraph (B), by inserting before the 
                period at the end the following: ``or directly 
                associated infrastructure, including construction of 
                port facilities, railways, and roads, the primary use 
                of which is to support the delivery of refined 
                petroleum products'';
            (4) in paragraph (3)--
                    (A) in subparagraph (A)--
                            (i) by striking ``3 or more'' and inserting 
                        ``5 or more''; and
                            (ii) by striking ``the Comprehensive Iran 
                        Sanctions, Accountability, and Divestment Act 
                        of 2010'' and inserting ``the Iran Threat 
                        Reduction and Syria Human Rights Act of 2012''; 
                        and
                    (B) in subparagraph (B)--
                            (i) in clause (ii), by striking ``; or'' 
                        and inserting a semicolon;
                            (ii) in clause (iii), by striking the 
                        period at the end and inserting a semicolon; 
                        and
                            (iii) by adding at the end the following:
                            ``(iv) bartering or contracting by which 
                        goods are exchanged for goods, including the 
                        insurance or reinsurance of such exchanges; or
                            ``(v) purchasing, subscribing to, or 
                        facilitating the issuance of sovereign debt of 
                        the Government of Iran, including governmental 
                        bonds, issued on or after the date of the 
                        enactment of the Iran Threat Reduction and 
                        Syria Human Rights Act of 2012.''; and
            (5) by adding at the end the following:
            ``(4) Joint ventures with iran relating to developing 
        petroleum resources.--
                    ``(A) In general.--Except as provided in 
                subparagraph (B) or subsection (f), the President shall 
                impose 5 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 Threat 
                Reduction and Syria Human Rights Act of 2012, in a 
                joint venture with respect to the development of 
                petroleum resources outside of Iran if--
                            ``(i) the joint venture is established on 
                        or after January 1, 2002; and
                            ``(ii)(I) the Government of Iran is a 
                        substantial partner or investor in the joint 
                        venture; or
                            ``(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.
                    ``(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 Threat Reduction and 
                Syria 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.
            ``(5) Support for the development of petroleum resources 
        and refined petroleum products in iran.--
                    ``(A) In general.--Except as provided in subsection 
                (f), the President shall impose 5 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 Threat Reduction and Syria Human Rights Act of 
                2012, sells, leases, or provides to Iran goods, 
                services, technology, or support described in 
                subparagraph (B)--
                            ``(i) any of which has a fair market value 
                        of $1,000,000 or more; or
                            ``(ii) that, during a 12-month period, have 
                        an aggregate fair market value of $5,000,000 or 
                        more.
                    ``(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--
                            ``(i) ability to develop petroleum 
                        resources located in Iran; or
                            ``(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 construction of port 
                        facilities, railways, and roads, the primary 
                        use of which is to support the delivery of 
                        refined petroleum products.
            ``(6) Development and purchase of petrochemical products 
        from iran.--
                    ``(A) In general.--Except as provided in subsection 
                (f), the President shall impose 5 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 Threat Reduction and Syria Human Rights Act of 
                2012, sells, leases, or provides to Iran goods, 
                services, technology, or support described in 
                subparagraph (B)--
                            ``(i) any of which has a fair market value 
                        of $250,000 or more; or
                            ``(ii) that, during a 12-month period, have 
                        an aggregate fair market value of $1,000,000 or 
                        more.
                    ``(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.''.

SEC. 202. IMPOSITION OF SANCTIONS WITH RESPECT TO TRANSPORTATION OF 
              CRUDE OIL FROM IRAN AND EVASION OF SANCTIONS BY SHIPPING 
              COMPANIES.

    (a) In General.--Section 5(a) of the Iran Sanctions Act of 1996, as 
amended by section 201, is further amended by adding at the end the 
following:
            ``(7) Transportation of crude oil from iran.--
                    ``(A) In general.--Except as provided in subsection 
                (f), the President shall impose 5 or more of the 
                sanctions described in section 6(a) with respect to a 
                person if the President determines that--
                            ``(i) the person is a controlling 
                        beneficial owner of, or otherwise owns, 
                        operates, or controls, or insures, a vessel 
                        that, on or after the date that is 90 days 
                        after the date of the enactment of the Iran 
                        Threat Reduction and Syria Human Rights Act of 
                        2012, was used to transport crude oil from Iran 
                        to another country; and
                            ``(ii)(I) in the case of a person that is a 
                        controlling beneficial owner of the vessel, the 
                        person had actual knowledge the vessel was so 
                        used; or
                            ``(II) in the case of a person that 
                        otherwise owns, operates, or controls, or 
                        insures, the vessel, the person knew or should 
                        have known the vessel was so used.
                    ``(B) Applicability of sanctions.--
                            ``(i) In general.--Except as provided in 
                        clause (ii), subparagraph (A) shall apply with 
                        respect to the transportation of crude oil from 
                        Iran only if a determination of the President 
                        under section 1245(d)(4)(B) of the National 
                        Defense Authorization Act for Fiscal Year 2012 
                        (22 U.S.C. 8513a(d)(4)(B)) 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 
                        their purchases from Iran is in effect at the 
                        time of the transportation of the crude oil.
                            ``(ii) Exception for certain countries.--
                        Subparagraph (A) shall not apply with respect 
                        to the transportation of crude oil from Iran to 
                        a country to which the exception under 
                        paragraph (4)(D) of section 1245(d) of the 
                        National Defense Authorization Act for Fiscal 
                        Year 2012 (22 U.S.C. 8513a(d)) to the 
                        imposition of sanctions under paragraph (1) of 
                        that section applies at the time of the 
                        transportation of the crude oil.
            ``(8) Concealing iranian origin of crude oil and refined 
        petroleum products.--
                    ``(A) In general.--Except as provided in subsection 
                (f), the President shall impose 5 or more of the 
                sanctions described in section 6(a) with respect to a 
                person if the President determines that the person is a 
                controlling beneficial owner, or otherwise owns, 
                operates, or controls, a vessel that, on or after the 
                date that is 90 days after the date of the enactment of 
                the Iran Threat Reduction and Syria Human Rights Act of 
                2012, is used, with actual knowledge in the case of a 
                person that is a controlling beneficial owner or 
                knowingly in the case of a person that otherwise owns, 
                operates, or controls the vessel, in a manner that 
                conceals the Iranian origin of crude oil or refined 
                petroleum products transported on the vessel, including 
                by--
                            ``(i) permitting the operator of the vessel 
                        to suspend the operation of the vessel's 
                        satellite tracking device; or
                            ``(ii) obscuring or concealing the 
                        ownership, operation, or control of the vessel 
                        by--
                                    ``(I) the Government of Iran;
                                    ``(II) the National Iranian Tanker 
                                Company or the Islamic Republic of Iran 
                                Shipping Lines; or
                                    ``(III) any other entity determined 
                                by the President to be owned or 
                                controlled by the Government of Iran or 
                                an entity specified in subclause (II).
                    ``(B) Additional sanction.--Subject to such 
                regulations as the President may prescribe and in 
                addition to the sanctions imposed under subparagraph 
                (A), the President may prohibit a vessel owned, 
                operated, or controlled by a person, including a 
                controlling beneficial owner, with respect to which the 
                President has imposed sanctions under that subparagraph 
                and that was used for the activity for which the 
                President imposed those sanctions from landing at a 
                port in the United States for a period of not more than 
                2 years after the date on which the President imposed 
                those sanctions.
                    ``(C) Vessels identified by the office of foreign 
                assets control.--For purposes of subparagraph (A)(ii), 
                a person shall be deemed to have actual knowledge that 
                a vessel is owned, operated, or controlled by the 
                Government of Iran or an entity specified in subclause 
                (II) or (III) of subparagraph (A)(ii) if the 
                International Maritime Organization vessel registration 
                identification for the vessel is--
                            ``(i) included on a list of specially 
                        designated nationals and blocked persons 
                        maintained by the Office of Foreign Assets 
                        Control of the Department of the Treasury for 
                        activities with respect to Iran; and
                            ``(ii) identified by the Office of Foreign 
                        Assets Control as a vessel in which the 
                        Government of Iran or any entity specified in 
                        subclause (II) or (III) of subparagraph (A)(ii) 
                        has an interest.
                    ``(D) Definition of iranian origin.--For purposes 
                of subparagraph (A), the term `Iranian origin' means--
                            ``(i) with respect to crude oil, that the 
                        crude oil was extracted in Iran; and
                            ``(ii) with respect to a refined petroleum 
                        product, that the refined petroleum product was 
                        produced or refined in Iran.
            ``(9) Exception for provision of underwriting services and 
        insurance and reinsurance.--The President may not impose 
        sanctions under paragraph (7) or (8) 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 
        provide underwriting services or insurance or reinsurance for 
        the transportation of crude oil or refined petroleum products 
        from Iran in a manner for which sanctions may be imposed under 
        either such paragraph.''.
    (b) Regulations and Guidelines.--Not later than 90 days after the 
date of the enactment of this Act, the President shall prescribe such 
regulations or guidelines as are necessary to implement paragraphs (7), 
(8), and (9) of section 5(a) of the Iran Sanctions Act of 1996, as 
added by this section, including such regulations or guidelines as are 
necessary to implement subparagraph (B) of such paragraph (8).

SEC. 203. EXPANSION OF SANCTIONS WITH RESPECT TO DEVELOPMENT BY IRAN OF 
              WEAPONS OF MASS DESTRUCTION.

    (a) In General.--Section 5(b) of the Iran Sanctions Act of 1996 
(Public Law 104-172; 50 U.S.C. 1701 note) is amended--
            (1) by redesignating paragraph (2) as paragraph (3); and
            (2) by striking paragraph (1) and inserting the following:
            ``(1) Exports, transfers, and transshipments.--Except as 
        provided in subsection (f), the President shall impose 5 or 
        more of the sanctions described in section 6(a) with respect to 
        a person if the President determines that the person--
                    ``(A) on or after the date of the enactment of the 
                Iran Threat Reduction and Syria Human Rights Act of 
                2012, exported or transferred, or permitted or 
                otherwise facilitated the transshipment of, any goods, 
                services, technology, or other items to any other 
                person; and
                    ``(B) knew or should have known that--
                            ``(i) the export, transfer, or 
                        transshipment of the goods, services, 
                        technology, or other items would likely result 
                        in another person exporting, transferring, 
                        transshipping, or otherwise providing the 
                        goods, services, technology, or other items to 
                        Iran; and
                            ``(ii) the export, transfer, transshipment, 
                        or other provision of the goods, services, 
                        technology, or other items to Iran would 
                        contribute materially to the ability of Iran 
                        to--
                                    ``(I) acquire or develop chemical, 
                                biological, or nuclear weapons or 
                                related technologies; or
                                    ``(II) acquire or develop 
                                destabilizing numbers and types of 
                                advanced conventional weapons.
            ``(2) Joint ventures relating to the mining, production, or 
        transportation of uranium.--
                    ``(A) In general.--Except as provided in 
                subparagraph (B) or subsection (f), the President shall 
                impose 5 or more of the sanctions described in section 
                6(a) with respect to a person if the President 
                determines that the person knowingly participated, on 
                or after the date of the enactment of the Iran Threat 
                Reduction and Syria Human Rights Act of 2012, in a 
                joint venture that involves any activity relating to 
                the mining, production, or transportation of uranium--
                            ``(i)(I) established on or after February 
                        2, 2012; and
                            ``(II) with--
                                    ``(aa) the Government of Iran;
                                    ``(bb) an entity incorporated in 
                                Iran or subject to the jurisdiction of 
                                the Government of Iran; or
                                    ``(cc) 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 item (bb); or
                            ``(ii)(I) established before February 2, 
                        2012;
                            ``(II) with the Government of Iran, an 
                        entity described in item (bb) of clause 
                        (i)(II), or a person described in item (cc) of 
                        that clause; and
                            ``(III) through which--
                                    ``(aa) uranium is transferred 
                                directly to Iran or indirectly to Iran 
                                through a third country;
                                    ``(bb) the Government of Iran 
                                receives significant revenue; or
                                    ``(cc) Iran could, through a direct 
                                operational role or by other means, 
                                receive technological knowledge or 
                                equipment not previously available to 
                                Iran that could contribute materially 
                                to the ability of Iran to develop 
                                nuclear weapons or related 
                                technologies.
                    ``(B) Applicability of sanctions.--Subparagraph (A) 
                shall not apply with respect to participation in a 
                joint venture established before the date of the 
                enactment of the Iran Threat Reduction and Syria 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.''.
    (b) Conforming Amendments.--The Iran Sanctions Act of 1996, as 
amended by this section and sections 201 and 202, is further amended--
            (1) in section 5--
                    (A) in paragraph (3) of subsection (b), as 
                redesignated by subsection (a)(1) of this section--
                            (i) by striking ``paragraph (1)'' each 
                        place it appears and inserting ``paragraph (1) 
                        or (2)''; and
                            (ii) in subparagraph (F)--
                                    (I) by striking ``that paragraph'' 
                                and inserting ``paragraph (1) or (2), 
                                as the case may be''; and
                                    (II) by striking ``the 
                                Comprehensive Iran Sanctions, 
                                Accountability, and Divestment Act of 
                                2010'' and inserting ``the Iran Threat 
                                Reduction and Syria Human Rights Act of 
                                2012'';
                    (B) in subsection (c)--
                            (i) in the matter preceding paragraph (1), 
                        by striking ``subsections (a) and (b)(1)'' and 
                        inserting ``subsection (a) and paragraphs (1) 
                        and (2) of subsection (b)''; and
                            (ii) in paragraph (1), by striking 
                        ``subsection (a) or (b)(1)'' and inserting 
                        ``subsection (a) or paragraph (1) or (2) of 
                        subsection (b)''; and
                    (C) in subsection (f)--
                            (i) in the matter preceding paragraph (1), 
                        by striking ``subsection (a) or (b)(1)'' and 
                        inserting ``subsection (a) or paragraph (1) or 
                        (2) of subsection (b)''; and
                            (ii) by redesignating paragraphs (6) and 
                        (7) as paragraphs (5) and (6), respectively; 
                        and
            (2) in section 9, by striking ``section 5(a) or 5(b)(1)'' 
        each place it appears and inserting ``subsection (a) or 
        paragraph (1) or (2) of subsection (b) of section 5''.

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

    (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--
            (1) by redesignating paragraph (9) as paragraph (12); and
            (2) by inserting after paragraph (8) the following:
            ``(9) Ban on investment in equity or debt of sanctioned 
        person.--The President may, pursuant to such regulations or 
        guidelines as the President may prescribe, prohibit any United 
        States person from investing in or purchasing significant 
        amounts of equity or debt instruments of a sanctioned person.
            ``(10) 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.
            ``(11) 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.''.
    (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 subsections (a) and (b) of section 5 
of the Iran Sanctions Act of 1996, as amended by this title, commenced 
on or after such date of enactment.

SEC. 205. MODIFICATION OF WAIVER STANDARD UNDER THE IRAN SANCTIONS ACT 
              OF 1996.

    Section 9(c) of the Iran Sanctions Act of 1996, as amended by 
section 203, is further amended by striking paragraph (1) and inserting 
the following:
            ``(1) Authority.--
                    ``(A) Sanctions relating to the energy sector of 
                iran.--The President may waive, on a case-by-case basis 
                and for a period of not more than one year, the 
                requirement in section 5(a) to impose a sanction or 
                sanctions on a person described in section 5(c), and 
                may waive the continued imposition of a sanction or 
                sanctions under subsection (b) of this section, 30 days 
                or more after the President determines and so reports 
                to the appropriate congressional committees that it is 
                essential to the national security interests of the 
                United States to exercise such waiver authority.
                    ``(B) Sanctions relating to development of weapons 
                of mass destruction or other military capabilities.--
                The President may waive, on a case-by-case basis and 
                for a period of not more than one year, the requirement 
                in paragraph (1) or (2) of section 5(b) to impose a 
                sanction or sanctions on a person described in section 
                5(c), and may waive the continued imposition of a 
                sanction or sanctions under subsection (b) of this 
                section, 30 days or more after the President determines 
                and so reports to the appropriate congressional 
                committees that it is vital to the national security 
                interests of the United States to exercise such waiver 
                authority.
                    ``(C) Renewal of waivers.--The President may renew, 
                on a case-by-case basis, a waiver with respect to a 
                person under subparagraph (A) or (B) for additional 
                one-year periods if, not later than 30 days before the 
                waiver expires, the President makes the determination 
                and submits to the appropriate congressional committees 
                the report described in subparagraph (A) or (B), as 
                applicable.''.

SEC. 206. BRIEFINGS ON IMPLEMENTATION OF THE IRAN SANCTIONS ACT OF 
              1996.

    Section 4 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:
    ``(f) Briefings on Implementation.--Not later than 90 days after 
the date of the enactment of the Iran Threat Reduction and Syria Human 
Rights Act of 2012, and every 120 days thereafter, the President, 
acting through the Secretary of State, shall provide to the appropriate 
congressional committees a comprehensive briefing on efforts to 
implement this Act.''.

SEC. 207. EXPANSION OF DEFINITIONS UNDER THE IRAN SANCTIONS ACT OF 
              1996.

    (a) In General.--Section 14 of the Iran Sanctions Act of 1996 
(Public Law 104-172; 50 U.S.C. 1701 note) is amended--
            (1) by redesignating paragraphs (17) and (18) as paragraphs 
        (20) and (21), respectively;
            (2) by redesignating paragraphs (15) and (16) as paragraphs 
        (17) and (18), respectively;
            (3) by redesignating paragraphs (4) through (14) as 
        paragraphs (5) through (15), respectively;
            (4) by inserting after paragraph (3) the following:
            ``(4) Credible information.--The term `credible 
        information', with respect to a person--
                    ``(A) includes--
                            ``(i) a public announcement by the person 
                        that the person has engaged in an activity 
                        described in subsection (a) or (b) of section 
                        5; and
                            ``(ii) information set forth in a report to 
                        stockholders of the person indicating that the 
                        person has engaged in such an activity; and
                    ``(B) may include, in the discretion of the 
                President--
                            ``(i) an announcement by the Government of 
                        Iran that the person has engaged in such an 
                        activity; or
                            ``(ii) information indicating that the 
                        person has engaged in such an activity that is 
                        set forth in--
                                    ``(I) a report of the Government 
                                Accountability Office, the Energy 
                                Information Administration, or the 
                                Congressional Research Service; or
                                    ``(II) a report or publication of a 
                                similarly reputable governmental 
                                organization or trade or industry 
                                organization.'';
            (5) by inserting after paragraph (15), as redesignated by 
        paragraph (3), the following:
            ``(16) 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.''; and
            (6) by inserting after paragraph (18), as redesignated by 
        paragraph (2), the following:
            ``(19) Services.--The term `services' includes software, 
        hardware, financial, professional consulting, engineering, and 
        specialized energy information services, energy-related 
        technical assistance, and maintenance and repairs.''.
    (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 subsections (a) and (b) of section 5 
of the Iran Sanctions Act of 1996, as amended by this title, commenced 
on or after such date of enactment.

SEC. 208. SENSE OF CONGRESS ON ENERGY SECTOR OF IRAN.

    It is the sense of Congress that--
            (1) the energy sector of Iran remains a zone of 
        proliferation concern since the Government of Iran continues to 
        divert substantial revenues derived from sales of petroleum 
        resources to finance its illicit nuclear and missile 
        activities; and
            (2) the President should apply the full range of sanctions 
        under the Iran Sanctions Act of 1996, as amended by this Act, 
        to address the threat posed by the Government of Iran.

   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.

    (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 sells, leases, or provides a vessel or 
provides 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 No. 13382 (70 Fed. Reg. 38567; relating to blocking of property 
of weapons of mass destruction proliferators and their supporters) or 
Executive Order No. 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.
    (b) Persons Specified.--The persons specified in this subsection 
are--
            (1) the person that sold, leased, or provided a vessel or 
        provided insurance or reinsurance or another 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) sold, leased, or provided the 
                vessel or provided the 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 sale, lease, or provision of the vessel 
                or the provision of the insurance or reinsurance or 
                other shipping service.
    (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--
            (1) determines that such a waiver is vital to the national 
        security interests of the United States; and
            (2) submits to the appropriate congressional committees a 
        report that contains the reasons for that determination.
    (d) Report Required.--
            (1) In general.--Not later than 90 days after the date of 
        the enactment of this Act, and every 90 days thereafter, the 
        Secretary of the Treasury, in coordination with the Secretary 
        of State, shall submit to the appropriate congressional 
        committees a report identifying operators of vessels and other 
        persons that conduct or facilitate significant financial 
        transactions with persons that manage ports in Iran that have 
        been designated for the imposition of sanctions pursuant to the 
        International Emergency Economic Powers Act (50 U.S.C. 1701 et 
        seq.).
            (2) Form of report.--A report submitted under paragraph (1) 
        shall be submitted in unclassified form but may contain a 
        classified annex.
    (e) 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 No. 13382 
(70 Fed. Reg. 38567; relating to the blocking of property of weapons of 
mass destruction proliferators and their supporters) or Executive Order 
No. 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.).

SEC. 212. IMPOSITION OF SANCTIONS WITH RESPECT TO PROVISION OF 
              UNDERWRITING SERVICES OR INSURANCE OR REINSURANCE FOR THE 
              NATIONAL IRANIAN OIL COMPANY OR THE NATIONAL IRANIAN 
              TANKER COMPANY.

    (a) In General.--Except as provided in subsection (b), not later 
than 60 days after the date of the enactment of this Act, the President 
shall impose 5 or more of the sanctions described in section 6(a) of 
the Iran Sanctions Act of 1996, as amended by section 204, with respect 
to a person if the President determines that the person knowingly, on 
or after such date of enactment, provides underwriting services or 
insurance or reinsurance for the National Iranian Oil Company, the 
National Iranian Tanker Company, or a successor entity to either such 
company.
    (b) Exceptions.--
            (1) Underwriters and insurance providers exercising due 
        diligence.--The President is authorized not to impose sanctions 
        under subsection (a) 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 
        provide underwriting services or insurance or reinsurance for 
        the National Iranian Oil Company, the National Iranian Tanker 
        Company, or a successor entity to either such company.
            (2) Food; medicine; humanitarian assistance.--The President 
        may not impose sanctions under subsection (a) for the provision 
        of underwriting services or insurance or reinsurance for any 
        activity relating solely to--
                    (A) the provision of agricultural commodities, 
                food, medicine, or medical devices to Iran; or
                    (B) the provision of humanitarian assistance to the 
                people of Iran.
            (3) Termination period.--The President is authorized not to 
        impose sanctions under subsection (a) with respect to a person 
        if the President receives reliable assurances that the person 
        will terminate the provision of underwriting services or 
        insurance or reinsurance for the National Iranian Oil Company, 
        the National Iranian Tanker Company, and any successor entity 
        to either such company, not later than the date that is 120 
        days after the date of the enactment of this Act.
    (c) Definitions.--In this section:
            (1) 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).
            (2) 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).
            (3) 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).
    (d) 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 of sanctions under 
subsection (a) 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:
            (1) Subsection (c) of section 4.
            (2) Subsections (c), (d), and (f) of section 5.
            (3) Section 8.
            (4) Section 9.
            (5) Section 11.
            (6) Section 12.
            (7) Subsection (b) of section 13.
            (8) Section 14.
    (e) Rule of Construction and Implementation.--Nothing in this 
section shall be construed to limit the authority of the President to 
impose sanctions pursuant to the Iran Sanctions Act of 1996 (Public Law 
104-172; 50 U.S.C. 1701 note), the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (22 U.S.C. 8501 et seq.), 
the International Emergency Economic Powers Act (50 U.S.C. 1701 et 
seq.), section 1245 of the National Defense Authorization Act for 
Fiscal Year 2012 (22 U.S.C. 8513a), or any other provision of this Act.

SEC. 213. IMPOSITION OF SANCTIONS WITH RESPECT TO PURCHASE, 
              SUBSCRIPTION TO, OR FACILITATION OF THE ISSUANCE OF 
              IRANIAN SOVEREIGN DEBT.

    (a) In General.--The President shall impose 5 or more of the 
sanctions described in section 6(a) of the Iran Sanctions Act of 1996, 
as amended by section 204, 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--
            (1) sovereign debt of the Government of Iran issued on or 
        after such date of enactment, including governmental bonds; or
            (2) debt of any entity owned or controlled by the 
        Government of Iran issued on or after such date of enactment, 
        including bonds.
    (b) 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 of sanctions under 
subsection (a) 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:
            (1) Subsection (c) of section 4.
            (2) Subsections (c), (d), and (f) of section 5.
            (3) Section 8.
            (4) Section 9.
            (5) Section 11.
            (6) Section 12.
            (7) Subsection (b) of section 13.
            (8) Section 14.

SEC. 214. IMPOSITION OF SANCTIONS WITH RESPECT TO SUBSIDIARIES AND 
              AGENTS OF PERSONS SANCTIONED BY UNITED NATIONS SECURITY 
              COUNCIL RESOLUTIONS.

    (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--
            (1) by striking ``of a person subject'' and inserting the 
        following: ``of--
                            ``(i) a person subject'';
            (2) in clause (i), as designated by paragraph (1), by 
        striking the semicolon and inserting ``; or''; and
            (3) by adding at the end the following:
                            ``(ii) a person acting on behalf of or at 
                        the direction of, or owned or controlled by, a 
                        person described in clause (i);''.
    (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).

SEC. 215. IMPOSITION OF SANCTIONS WITH RESPECT TO TRANSACTIONS WITH 
              PERSONS SANCTIONED FOR CERTAIN ACTIVITIES RELATING TO 
              TERRORISM OR PROLIFERATION OF WEAPONS OF MASS 
              DESTRUCTION.

    (a) In General.--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)) is amended in the matter preceding subclause (I) by 
striking ``financial institution'' and inserting ``person''.
    (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 amendment made 
by subsection (a).

SEC. 216. EXPANSION OF, AND REPORTS ON, MANDATORY SANCTIONS WITH 
              RESPECT TO FINANCIAL INSTITUTIONS THAT ENGAGE IN CERTAIN 
              ACTIVITIES RELATING TO IRAN.

    (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 104 the following:

``SEC. 104A. EXPANSION OF, AND REPORTS ON, MANDATORY SANCTIONS WITH 
              RESPECT TO FINANCIAL INSTITUTIONS THAT ENGAGE IN CERTAIN 
              ACTIVITIES.

    ``(a) In General.--Not later than 90 days after the date of the 
enactment of the Iran Threat Reduction and Syria Human Rights Act of 
2012, the Secretary of the Treasury shall revise the regulations 
prescribed under section 104(c)(1) to apply to a foreign financial 
institution described in subsection (b) to the same extent and in the 
same manner as those regulations apply to a foreign financial 
institution that the Secretary of the Treasury finds knowingly engages 
in an activity described in section 104(c)(2).
    ``(b) Foreign Financial Institutions Described.--A foreign 
financial institution described in this subsection is a foreign 
financial institution, including an Iranian financial institution, that 
the Secretary of the Treasury finds--
            ``(1) knowingly facilitates, or participates or assists in, 
        an activity described in section 104(c)(2), including by acting 
        on behalf of, at the direction of, or as an intermediary for, 
        or otherwise assisting, another person with respect to the 
        activity;
            ``(2) attempts or conspires to facilitate or participate in 
        such an activity; or
            ``(3) is owned or controlled by a foreign financial 
        institution that the Secretary finds knowingly engages in such 
        an activity.
    ``(c) Reports Required.--
            ``(1) In general.--Not later than 180 days after the date 
        of the enactment of the Iran Threat Reduction and Syria Human 
        Rights Act of 2012, and every 180 days thereafter, the 
        Secretary of the Treasury shall submit to the appropriate 
        congressional committees a report that contains a detailed 
        description of--
                    ``(A) the effect of the regulations prescribed 
                under section 104(c)(1) on the financial system and 
                economy of Iran and capital flows to and from Iran; and
                    ``(B) the ways in which funds move into and out of 
                financial institutions described in section 
                104(c)(2)(E)(ii), with specific attention to the use of 
                other Iranian financial institutions and other foreign 
                financial institutions to receive and transfer funds 
                for financial institutions described in that section.
            ``(2) Form of report.--Each report submitted under 
        paragraph (1) shall be submitted in unclassified form but may 
        contain a classified annex.
    ``(d) Definitions.--In this section:
            ``(1) Financial institution.--The term `financial 
        institution' means a financial institution specified in 
        subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), 
        (K), (M), (N), (R), or (Y) of section 5312(a)(2) of title 31, 
        United States Code.
            ``(2) Foreign financial institution.--The term `foreign 
        financial institution' has the meaning of that term as 
        determined by the Secretary of the Treasury pursuant to section 
        104(i).
            ``(3) Iranian financial institution.--The term `Iranian 
        financial institution' means--
                    ``(A) a financial institution organized under the 
                laws of Iran or any jurisdiction within Iran, including 
                a foreign branch of such an institution;
                    ``(B) a financial institution located in Iran;
                    ``(C) a financial institution, wherever located, 
                owned or controlled by the Government of Iran; and
                    ``(D) a financial institution, wherever located, 
                owned or controlled by a financial institution 
                described in subparagraph (A), (B), or (C).''.
    (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 104 the 
following:

``Sec. 104A. Expansion of, and reports on, mandatory sanctions with 
                            respect to financial institutions that 
                            engage in certain activities.''.

SEC. 217. CONTINUATION IN EFFECT OF SANCTIONS WITH RESPECT TO THE 
              GOVERNMENT OF IRAN, THE CENTRAL BANK OF IRAN, AND 
              SANCTIONS EVADERS.

    (a) Sanctions Relating to Blocking of Property of the Government of 
Iran and Iranian Financial Institutions.--United States sanctions with 
respect to Iran provided for in Executive Order No. 13599 (77 Fed. Reg. 
6659), as in effect on the day before the date of the enactment of this 
Act, shall remain in effect until the date that is 90 days after the 
date on which the President submits to the appropriate congressional 
committees the certification described in subsection (d).
    (b) Sanctions Relating to Foreign Sanctions Evaders.--United States 
sanctions with respect to Iran provided for in Executive Order No. 
13608 (77 Fed. Reg. 26409), as in effect on the day before the date of 
the enactment of this Act, shall remain in effect until the date that 
is 30 days after the date on which the President submits to the 
appropriate congressional committees the certification described in 
section 401(a) of the Comprehensive Iran Sanctions, Accountability, and 
Divestment Act of 2010 (22 U.S.C. 8551(a)).
    (c) Continuation of Sanctions With Respect to the Central Bank of 
Iran.--In addition to the sanctions referred to in subsection (a), the 
President shall continue to apply to the Central Bank of Iran 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 of property, 
until the date that is 90 days after the date on which the President 
submits to Congress the certification described in subsection (d).
    (d) Certification Described.--
            (1) In general.--The certification described in this 
        subsection is the certification of the President to Congress 
        that the Central Bank of Iran is not--
                    (A) providing financial services in support of, or 
                otherwise facilitating, the ability of Iran to--
                            (i) acquire or develop chemical, 
                        biological, or nuclear weapons, or related 
                        technologies;
                            (ii) construct, equip, operate, or maintain 
                        nuclear facilities that could aid Iran's effort 
                        to acquire a nuclear capability; or
                            (iii) acquire or develop ballistic 
                        missiles, cruise missiles, or destabilizing 
                        types and amounts of conventional weapons; or
                    (B) facilitating transactions or providing 
                financial services for--
                            (i) Iran's Revolutionary Guard Corps; or
                            (ii) financial institutions the property or 
                        interests in property of which are blocked 
                        pursuant to the International Emergency 
                        Economic Powers Act (50 U.S.C. 1701 et seq.) in 
                        connection with--
                                    (I) Iran's proliferation of weapons 
                                of mass destruction or delivery systems 
                                for weapons of mass destruction; or
                                    (II) Iran's support for 
                                international terrorism.
            (2) Submission to congress.--
                    (A) In general.--The President shall submit the 
                certification described in paragraph (1) to the 
                appropriate congressional committees in writing and 
                shall include a justification for the certification.
                    (B) Form of certification.--The certification 
                described in paragraph (1) shall be submitted in 
                unclassified form but may contain a classified annex.
    (e) Rule of Construction.--Nothing in this section shall be 
construed to limit the authority of the President pursuant to the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) or 
the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8501 et seq.).

SEC. 218. 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.
            (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.
    (b) Prohibition.--Not later than 60 days after the date of the 
enactment of this Act, the President shall prohibit an entity owned or 
controlled by a United States person and established or maintained 
outside the United States from knowingly engaging in any transaction 
directly or indirectly with the Government of Iran or any person 
subject to the jurisdiction of the Government of Iran that would be 
prohibited by an order or regulation issued pursuant to the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) if 
the transaction were engaged in by a United States person or in the 
United States.
    (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).
    (d) Applicability.--Subsection (c) shall not apply with respect to 
a transaction described in subsection (b) by an entity owned or 
controlled by a United States person and established or maintained 
outside the United States if the United States person divests or 
terminates its business with the entity not later than the date that is 
180 days after the date of the enactment of this Act.

SEC. 219. 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.--
            ``(1) In general.--Each issuer required to file an annual 
        or quarterly report under subsection (a) shall disclose in that 
        report the information required by paragraph (2) if, during the 
        period covered by the report, the issuer or any affiliate of 
        the issuer--
                    ``(A) knowingly engaged in an activity described in 
                subsection (a) or (b) of section 5 of the Iran 
                Sanctions Act of 1996 (Public Law 104-172; 50 U.S.C. 
                1701 note);
                    ``(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;
                    ``(C) knowingly engaged in an activity described in 
                section 105A(b)(2) of that Act; or
                    ``(D) knowingly conducted any transaction or 
                dealing with--
                            ``(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 
                        transactions with persons who commit, threaten 
                        to commit, or support terrorism);
                            ``(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
                            ``(iii) any person or entity identified 
                        under section 560.304 of title 31, Code of 
                        Federal Regulations (relating to the definition 
                        of the Government of Iran) without the specific 
                        authorization of a Federal department or 
                        agency.
            ``(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 gross revenues 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.
            ``(3) Notice of disclosures.--If an issuer reports under 
        paragraph (1) that the issuer or an affiliate of the issuer has 
        knowingly engaged in any activity described in that paragraph, 
        the issuer shall separately file with the Commission, 
        concurrently with the annual or quarterly report under 
        subsection (a), a notice that the disclosure of that activity 
        has been included in that annual or quarterly report that 
        identifies the issuer and contains the information required by 
        paragraph (2).
            ``(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--
                    ``(A) transmit the report to--
                            ``(i) the President;
                            ``(ii) the Committee on Foreign Affairs and 
                        the Committee on Financial Services of the 
                        House of Representatives; and
                            ``(iii) the Committee on Foreign Relations 
                        and the Committee on Banking, Housing, and 
                        Urban Affairs of the Senate; and
                    ``(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.
            ``(5) Investigations.--Upon receiving a report under 
        paragraph (4) that includes a disclosure of an activity 
        described in paragraph (1) (other than an activity described in 
        subparagraph (D)(iii) of that paragraph), the President shall--
                    ``(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
                    ``(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).
            ``(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)).''.
    (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.

SEC. 220. REPORTS ON, AND AUTHORIZATION OF IMPOSITION OF SANCTIONS WITH 
              RESPECT TO, THE PROVISION OF SPECIALIZED FINANCIAL 
              MESSAGING SERVICES TO THE CENTRAL BANK OF IRAN AND OTHER 
              SANCTIONED IRANIAN FINANCIAL INSTITUTIONS.

    (a) Sense of Congress.--It is the sense of Congress that--
            (1) providers of specialized financial messaging services 
        are a critical link to the international financial system;
            (2) the European Union is to be commended for strengthening 
        the multilateral sanctions regime against Iran by deciding that 
        specialized financial messaging services may not be provided to 
        the Central Bank of Iran and other sanctioned Iranian financial 
        institutions by persons subject to the jurisdiction of the 
        European Union; and
            (3) the loss of access by sanctioned Iranian financial 
        institutions to specialized financial messaging services must 
        be maintained.
    (b) Reports Required.--
            (1) In general.--Not later than 60 days after the date of 
        the enactment of this Act, and every 90 days thereafter, the 
        Secretary of the Treasury shall submit to the appropriate 
        congressional committees a report that contains--
                    (A) a list of all persons that the Secretary has 
                identified that directly provide specialized financial 
                messaging services to, or enable or facilitate direct 
                or indirect access to such messaging 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)); 
                and
                    (B) a detailed assessment of the status of efforts 
                by the Secretary to end the direct provision of such 
                messaging services to, and the enabling or facilitation 
                of direct or indirect access to such messaging services 
                for, the Central Bank of Iran or a financial 
                institution described in that section.
            (2) Enabling or facilitation of access to specialized 
        financial messaging services through intermediary financial 
        institutions.--For purposes of paragraph (1) and subsection 
        (c), enabling or facilitating direct or indirect access to 
        specialized financial messaging 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)) includes doing so by serving as an 
        intermediary financial institution with access to such 
        messaging services.
            (3) Form of report.--A report submitted under paragraph (1) 
        shall be submitted in unclassified form but may contain a 
        classified annex.
    (c) Authorization of Imposition of Sanctions.--
            (1) In general.--Except as provided in paragraph (2), if, 
        on or after the date that is 90 days after the date of the 
        enactment of this Act, a person continues to knowingly and 
        directly provide specialized financial messaging services to, 
        or knowingly enable or facilitate direct or indirect access to 
        such messaging services for, the Central Bank of Iran or a 
        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 person.
            (2) Exception.--The President may not impose sanctions 
        pursuant to paragraph (1) with respect to a person for directly 
        providing specialized financial messaging services to, or 
        enabling or facilitating direct or indirect access to such 
        messaging 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)) if--
                    (A) the person is subject to a sanctions regime 
                under its governing foreign law that requires it to 
                eliminate the knowing provision of such messaging 
                services to, and the knowing enabling and facilitation 
                of direct or indirect access to such messaging services 
                for--
                            (i) the Central Bank of Iran; and
                            (ii) a group of Iranian financial 
                        institutions identified under such governing 
                        foreign law for purposes of that sanctions 
                        regime if the President determines that--
                                    (I) the group is substantially 
                                similar to the group of financial 
                                institutions 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)); and
                                    (II) the differences between those 
                                groups of financial institutions do not 
                                adversely affect the national interest 
                                of the United States; and
                    (B) the person has, pursuant to that sanctions 
                regime, terminated the knowing provision of such 
                messaging services to, and the knowing enabling and 
                facilitation of direct or indirect access to such 
                messaging services for, the Central Bank of Iran and 
                each Iranian financial institution identified under 
                such governing foreign law for purposes of that 
                sanctions regime.
    (d) Rule of Construction.--Nothing in this section shall be 
construed to limit the authority of the President pursuant to the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) or 
the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8501 et seq.).

SEC. 221. IDENTIFICATION OF, AND IMMIGRATION RESTRICTIONS ON, SENIOR 
              OFFICIALS OF THE GOVERNMENT OF IRAN AND THEIR FAMILY 
              MEMBERS.

    (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--
            (1) a senior official of the Government of Iran described 
        in subsection (b) that is involved in Iran's--
                    (A) illicit nuclear activities or proliferation of 
                weapons of mass destruction or delivery systems for 
                weapons of mass destruction;
                    (B) support for international terrorism; or
                    (C) commission of serious human rights abuses 
                against citizens of Iran or their family members; or
            (2) a family member of such an official.
    (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--
            (1) the Supreme Leader of Iran;
            (2) the President of Iran;
            (3) a member of the Cabinet of the Government of Iran;
            (4) a member of the Assembly of Experts;
            (5) a senior member of the Intelligence Ministry of Iran; 
        or
            (6) a senior member of Iran's Revolutionary Guard Corps, 
        including a senior member of a paramilitary organization such 
        as Ansar-e-Hezbollah or Basij-e Motaz'afin.
    (c) Exclusion From United States.--Except as provided in subsection 
(d), 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 on the list required by subsection (a).
    (d) Exception To Comply With United Nations Headquarters 
Agreement.--Subsection (c) shall not apply to an individual if 
admitting the individual to the United States is 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 other applicable international obligations.
    (e) Waiver.--The President may waive the application of subsection 
(a) or (c) with respect to an individual if the President--
            (1) determines that such a waiver is essential to the 
        national interests of the United States; and
            (2) not less than 7 days before the waiver takes effect, 
        notifies Congress of the waiver and the reason for the waiver.

SEC. 222. SENSE OF CONGRESS AND RULE OF CONSTRUCTION RELATING TO 
              CERTAIN AUTHORITIES OF STATE AND LOCAL GOVERNMENTS.

    (a) Sense of Congress.--It is the sense of Congress that the United 
States should support actions by States or local governments that are 
within their authority, including determining how investment assets are 
valued for purposes of safety and soundness of financial institutions 
and insurers, that are consistent with and in furtherance of the 
purposes of this Act and other Acts that are amended by this Act.
    (b) Rule of Construction.--Section 202 of the Comprehensive Iran 
Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8532) 
is amended by adding at the end the following:
    ``(j) Rule of Construction.--Nothing in this Act or any other 
provision of law authorizing sanctions with respect to Iran shall be 
construed to abridge the authority of a State to issue and enforce 
rules governing the safety, soundness, and solvency of a financial 
institution subject to its jurisdiction or the business of insurance 
pursuant to the Act of March 9, 1945 (15 U.S.C. 1011 et seq.) (commonly 
known as the `McCarran-Ferguson Act').''.

SEC. 223. GOVERNMENT ACCOUNTABILITY OFFICE REPORT ON FOREIGN ENTITIES 
              THAT INVEST IN THE ENERGY SECTOR OF IRAN OR EXPORT 
              REFINED PETROLEUM PRODUCTS TO IRAN.

    (a) Initial Report.--
            (1) In general.--Not later than 120 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--
                    (A) listing all foreign investors in the energy 
                sector of Iran during the period specified in paragraph 
                (2), including--
                            (i) entities that exported gasoline and 
                        other refined petroleum products to Iran;
                            (ii) entities involved in providing refined 
                        petroleum products to Iran, including--
                                    (I) entities that provided ships to 
                                transport refined petroleum products to 
                                Iran; and
                                    (II) entities that provided 
                                insurance or reinsurance for shipments 
                                of refined petroleum products to Iran; 
                                and
                            (iii) entities involved in commercial 
                        transactions of any kind, including joint 
                        ventures anywhere in the world, with Iranian 
                        energy companies; and
                    (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.
            (2) Period specified.--The period specified in this 
        paragraph is the period beginning on January 1, 2009, and 
        ending on the date that is 150 days after the date of the 
        enactment of this Act.
    (b) Updated Report.--Not later than one year after submitting the 
report required by subsection (a), 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.

SEC. 224. REPORTING ON THE IMPORTATION TO AND EXPORTATION FROM IRAN OF 
              CRUDE OIL AND REFINED PETROLEUM PRODUCTS.

    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--
            ``(1) contains the matters required in the report under 
        subsection (a)(1); and
            ``(2) identifies--
                    ``(A) the volume of crude oil and refined petroleum 
                products imported to and exported from Iran (including 
                through swaps and similar arrangements);
                    ``(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;
                    ``(C) the sources of financing for imports to Iran 
                of crude oil and refined petroleum products described 
                in subparagraph (A); and
                    ``(D) the involvement of foreign persons in efforts 
                to assist Iran in--
                            ``(i) developing upstream oil and gas 
                        production capacity;
                            ``(ii) importing advanced technology to 
                        upgrade existing Iranian refineries;
                            ``(iii) converting existing chemical plants 
                        to petroleum refineries; or
                            ``(iv) maintaining, upgrading, or expanding 
                        existing refineries or constructing new 
                        refineries.''.

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

     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.

    (a) In General.--Not later than 90 days after the date of the 
enactment of this Act, and as appropriate thereafter, the President 
shall--
            (1) identify foreign persons that are officials, agents, or 
        affiliates of Iran's Revolutionary Guard Corps; and
            (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.)--
                    (A) designate that foreign person for the 
                imposition of sanctions pursuant to that Act; and
                    (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.
    (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--
            (1) foreign persons or entities identified under section 
        560.304 of title 31, Code of Federal Regulations (relating to 
        the definition of the Government of Iran); and
            (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).
    (c) Sensitive Transactions and Activities Described.--A sensitive 
transaction or activity described in this subsection is--
            (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;
            (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;
            (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;
            (4) a transaction relating to the manufacture, procurement, 
        or sale of goods, services, and technology relating to Iran's 
        petrochemical sector; or
            (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))).
    (d) Exclusion From United States.--
            (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.).
            (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.
    (e) Waiver of Imposition of Sanctions.--
            (1) In general.--The President may waive the application of 
        subsection (a) or (d) with respect to a foreign person if the 
        President--
                    (A) determines that it is vital to the national 
                security interests of the United States to do so; and
                    (B) submits to the appropriate congressional 
                committees a report that--
                            (i) identifies the foreign person with 
                        respect to which the waiver applies; and
                            (ii) sets forth the reasons for the 
                        determination.
            (2) Form of report.--A report submitted under paragraph 
        (1)(B) shall be submitted in unclassified form but may contain 
        a classified annex.
    (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.

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.

    (a) Identification.--
            (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--
                    (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.);
                    (B) engage in a significant transaction or 
                transactions with Iran's Revolutionary Guard Corps or 
                any of its officials, agents, or affiliates--
                            (i) the property and interests in property 
                        of which are blocked pursuant to that Act; or
                            (ii) that are identified under section 
                        301(a)(1) or pursuant to paragraph (4)(A) of 
                        section 104(c) of the Comprehensive Iran 
                        Sanctions, Accountability, and Divestment Act 
                        of 2010, as added by section 312; or
                    (C) engage in a significant transaction or 
                transactions with--
                            (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
                            (ii) a person acting on behalf of or at the 
                        direction of, or owned or controlled by, a 
                        person described in clause (i).
            (2) Form of report.--A report submitted under paragraph (1) 
        shall be submitted in unclassified form but may contain a 
        classified annex.
            (3) Barter transactions.--For purposes of paragraph (1), 
        the term ``transaction'' includes a barter transaction.
    (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--
            (1) shall impose 5 or more of the sanctions described in 
        section 6(a) of the Iran Sanctions Act of 1996, as amended by 
        section 204; and
            (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.
    (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--
            (1) no longer engages in the activity for which the 
        sanction was imposed; and
            (2) has provided assurances to the President that the 
        person will not engage in any activity described in subsection 
        (a)(1) in the future.
    (d) Waiver of Imposition of Sanctions.--
            (1) In general.--The President may waive the imposition of 
        sanctions under subsection (b) with respect to a foreign person 
        if the President--
                    (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
                    (ii) determines that it is essential to the 
                national security interests of the United States to do 
                so; and
                    (B) submits to the appropriate congressional 
                committees a report that--
                            (i) identifies the foreign person with 
                        respect to which the waiver applies;
                            (ii) describes the activity that would 
                        otherwise subject the foreign person to the 
                        imposition of sanctions under subsection (b); 
                        and
                            (iii) sets forth the reasons for the 
                        determination.
            (2) Form of report.--A report submitted under paragraph 
        (1)(B) shall be submitted in unclassified form but may contain 
        a classified annex.
    (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--
            (1) determines that doing so would cause damage to the 
        national security of the United States; and
            (2) notifies the appropriate congressional committees of 
        the exercise of the authority provided under this subsection.
    (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:
            (1) Subsections (c) and (e) of section 4.
            (2) Subsections (c), (d), and (f) of section 5.
            (3) Section 8.
            (4) Section 9.
            (5) Section 11.
            (6) Section 12.
            (7) Subsection (b) of section 13.
            (8) Section 14.

SEC. 303. IDENTIFICATION OF, AND IMPOSITION OF MEASURES WITH RESPECT 
              TO, FOREIGN GOVERNMENT AGENCIES CARRYING OUT ACTIVITIES 
              OR TRANSACTIONS WITH CERTAIN IRAN-AFFILIATED PERSONS.

    (a) Identification.--
            (1) In general.--Not later than 120 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 that identifies each agency of the 
        government of a foreign country (other than Iran) that the 
        President determines knowingly and materially assisted, 
        sponsored, or provided financial, material, or technological 
        support for, or goods or services in support of, or knowingly 
        and materially engaged in a significant transaction with, any 
        person described in paragraph (2).
            (2) Person described.--A person described in this paragraph 
        is--
                    (A) a foreign person that is an official, agent, or 
                affiliate of Iran's Revolutionary Guard Corps that is 
                designated for the imposition of sanctions pursuant to 
                the International Emergency Economic Powers Act (50 
                U.S.C. 1701 et seq.);
                    (B) a foreign person that is designated and subject 
                to financial sanctions pursuant to--
                            (i) the Annex of United Nations Security 
                        Council Resolution 1737 (2006);
                            (ii) Annex I of United Nations Security 
                        Council Resolution 1747 (2007);
                            (iii) Annex I, II, or III of United Nations 
                        Security Council Resolution 1803 (2008);
                            (iv) Annex I, II, or III of United Nations 
                        Security Council Resolution 1929 (2010); or
                            (v) any subsequent and related United 
                        Nations Security Council resolution, or any 
                        annex thereto, that imposes new sanctions with 
                        respect to Iran or modifies existing sanctions 
                        with respect to Iran; or
                    (C) a foreign person that the agency knows is 
                acting on behalf of or at the direction of, or owned or 
                controlled by, a person described in subparagraph (A) 
                or (B).
            (3) Form of report.--Each report submitted under paragraph 
        (1) shall be submitted in unclassified form but may contain a 
        classified annex.
    (b) Imposition of Measures.--
            (1) In general.--The President may impose any of the 
        following measures with respect to an agency identified 
        pursuant to subsection (a) if the President determines that the 
        assistance, exports, or other support to be prohibited by 
        reason of the imposition of the measures have contributed and 
        would otherwise directly or indirectly contribute to the 
        agency's capability to continue the activities or transactions 
        for which the agency has been identified pursuant to subsection 
        (a):
                    (A) No assistance may be provided to the agency 
                under the Foreign Assistance Act of 1961 (22 U.S.C. 
                2151 et seq.) or the Arms Export Control Act (22 U.S.C. 
                2751 et seq.) other than humanitarian assistance or the 
                provision of food or other agricultural commodities.
                    (B) No sales of any defense articles, defense 
                services, or design and construction services under the 
                Arms Export Control Act (22 U.S.C. 2751 et seq.) may be 
                made to the agency.
                    (C) No licenses for export of any item on the 
                United States Munitions List that include the agency as 
                a party to the license may be granted.
                    (D) No exports may be permitted to the agency of 
                any goods or technologies controlled for national 
                security reasons under the Export Administration 
                Regulations, except that such prohibition shall not 
                apply to any transaction subject to the reporting 
                requirements of title V of the National Security Act of 
                1947 (50 U.S.C. 413 et seq.; relating to congressional 
                oversight of intelligence activities).
                    (E) The United States shall oppose any loan or 
                financial or technical assistance to the agency by 
                international financial institutions in accordance with 
                section 701 of the International Financial Institutions 
                Act (22 U.S.C. 262d).
                    (F) The United States shall deny to the agency any 
                credit or financial assistance by any department, 
                agency, or instrumentality of the United States 
                Government, except that this paragraph shall not 
                apply--
                            (i) to any transaction subject to the 
                        reporting requirements of title V of the 
                        National Security Act of 1947 (50 U.S.C. 413 et 
                        seq.; relating to congressional oversight of 
                        intelligence activities);
                            (ii) to the provision of medicines, medical 
                        equipment, and humanitarian assistance; or
                            (iii) to any credit, credit guarantee, or 
                        financial assistance provided by the Department 
                        of Agriculture to support the purchase of food 
                        or other agricultural commodities.
                    (G) Additional restrictions as may be imposed 
                pursuant to the International Emergency Economic Powers 
                Act (50 U.S.C. 1701 et seq.).
            (2) Rule of construction.--Nothing in this subsection shall 
        be construed to impose measures with respect to programs under 
        section 1501 of the National Defense Authorization Act for 
        Fiscal Year 1997 (50 U.S.C. 2632 note) and programs under the 
        Atomic Energy Defense Act (50 U.S.C. 2501 et seq.).
    (c) Termination.--The President may terminate any measures imposed 
with respect to an agency pursuant to subsection (b) if the President 
determines and notifies the appropriate congressional committees that--
            (1)(A) a person described in subparagraph (A) or (B) of 
        subsection (a)(2) with respect to which the agency is carrying 
        out activities or transactions is no longer designated pursuant 
        to subparagraph (A) or (B) of subsection (a)(2); or
            (B) any person described in subparagraph (C) of subsection 
        (a)(2) with respect to which the agency is carrying out 
        activities or transactions is no longer acting on behalf of or 
        at the direction of, or owned or controlled by, any person 
        described in subparagraph (A) or (B) of subsection (a)(2);
            (2) the agency is no longer carrying out activities or 
        transactions for which the measures were imposed and has 
        provided assurances to the United States Government that the 
        agency will not carry out the activities or transactions in the 
        future; or
            (3) it is essential to the national security interest of 
        the United States to terminate such measures.
    (d) Waiver.--If the President does not impose one or more measures 
described in subsection (b) with respect to an agency identified in the 
report required by subsection (a), the President shall include in the 
subsequent report an explanation as to why the President did not impose 
such measures.
    (e) Definition.--In this section, the term ``appropriate 
congressional committees'' means--
            (1) the Committee on Foreign Relations, the Committee on 
        Appropriations, the Committee on Armed Services, the Committee 
        on Banking, Housing, and Urban Affairs, the Committee on 
        Finance, and the Select Committee on Intelligence of the 
        Senate; and
            (2) the Committee on Foreign Affairs, the Committee on 
        Appropriations, the Committee on Armed Services, the Committee 
        on Financial Services, the Committee on Ways and Means, and the 
        Permanent Select Committee on Intelligence of the House of 
        Representatives.
    (f) Effective Date.--This section shall take effect on the date of 
the enactment of this Act and apply with respect to activities and 
transactions described in subsection (a) that are carried out on or 
after the later of--
            (1) the date that is 45 days after such date of enactment; 
        or
            (2) the date that is 45 days after a person is designated 
        as described in subparagraph (A) or (B) of subsection (a)(2).

SEC. 304. RULE OF CONSTRUCTION.

    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.).

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.

    (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--
            (1) by striking ``Not later than 90 days'' and inserting 
        the following:
                    ``(A) Certifications relating to activities 
                described in section 5.--Not later than 90 days''; and
            (2) by adding at the end the following:
                    ``(B) Certifications relating to transactions with 
                iran's revolutionary guard corps.--Not later than 120 
                days after the date of the enactment of the Iran Threat 
                Reduction and Syria 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.).''.
    (b) Technical and Conforming Amendments.--
            (1) Section 6(b) of the Iran Sanctions Act of 1996, as 
        amended by subsection (a), is further amended--
                    (A) in subparagraph (A) of paragraph (1), as 
                designated by subsection (a)(1), by striking ``issued 
                pursuant to section 25 of the Office of Federal 
                Procurement Policy Act (41 U.S.C. 421)'';
                    (B) in paragraph (2)--
                            (i) in subparagraph (A)--
                                    (I) by striking ``the revision'' 
                                and inserting ``the applicable 
                                revision''; and
                                    (II) by striking ``not more than 3 
                                years'' and inserting ``not less than 2 
                                years''; and
                            (ii) in subparagraph (B), by striking 
                        ``issued pursuant to section 25 of the Office 
                        of Federal Procurement Policy Act (41 U.S.C. 
                        421)'';
                    (C) in paragraph (5), by striking ``in the national 
                interest'' and inserting ``essential to the national 
                security interests'';
                    (D) by striking paragraph (6) and inserting the 
                following:
            ``(6) Definitions.--In this subsection:
                    ``(A) Executive agency.--The term `executive 
                agency' has the meaning given that term in section 133 
                of title 41, United States Code.
                    ``(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
                    (E) in paragraph (7)--
                            (i) by striking ``The revisions to the 
                        Federal Acquisition Regulation required under 
                        paragraph (1)'' and inserting the following:
                    ``(A) Certifications relating to activities 
                described in section 5.--The revisions to the Federal 
                Acquisition Regulation required under paragraph 
                (1)(A)''; and
                            (ii) by adding at the end the following:
                    ``(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 
                120 days after the date of the enactment of the Iran 
                Threat Reduction and Syria Human Rights Act of 2012.''.
            (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''.

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.

    (a) Sense of Congress.--It is the sense of Congress that the 
National Iranian Oil Company and the National Iranian Tanker Company 
are not only owned and controlled by the Government of Iran but that 
those companies provide significant support to Iran's Revolutionary 
Guard Corps and its affiliates.
    (b) Determinations.--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:
            ``(4) Determinations regarding nioc and nitc.--
                    ``(A) Determinations.--For purposes of paragraph 
                (2)(E), the Secretary of the Treasury shall, not later 
                than 45 days after the date of the enactment of the 
                Iran Threat Reduction and Syria Human Rights Act of 
                2012--
                            ``(i) determine whether the NIOC or the 
                        NITC is an agent or affiliate of Iran's 
                        Revolutionary Guard Corps; and
                            ``(ii) submit to the appropriate 
                        congressional committees a report on the 
                        determinations made under clause (i), together 
                        with the reasons for those determinations.
                    ``(B) Form of report.--A report submitted under 
                subparagraph (A)(ii) shall be submitted in unclassified 
                form but may contain a classified annex.
                    ``(C) Applicability with respect to petroleum 
                transactions.--
                            ``(i) Application of sanctions.--Except as 
                        provided in clause (ii), if the Secretary of 
                        the Treasury determines that the NIOC or the 
                        NITC is a person described in clause (i) or 
                        (ii) of paragraph (2)(E), the regulations 
                        prescribed under paragraph (1) shall apply with 
                        respect to a significant transaction or 
                        transactions or significant financial services 
                        knowingly facilitated or provided by a foreign 
                        financial institution for the NIOC or the NITC, 
                        as applicable, for the purchase of petroleum or 
                        petroleum products from Iran, only if a 
                        determination of the President under section 
                        1245(d)(4)(B) of the National Defense 
                        Authorization Act for Fiscal Year 2012 (22 
                        U.S.C. 8513a(d)(4)(B)) 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 
                        their purchases from Iran is in effect at the 
                        time of the transaction or the provision of the 
                        service.
                            ``(ii) Exception for certain countries.--If 
                        the Secretary of the Treasury determines that 
                        the NIOC or the NITC is a person described in 
                        clause (i) or (ii) of paragraph (2)(E), the 
                        regulations prescribed under paragraph (1) 
                        shall not apply to a significant transaction or 
                        transactions or significant financial services 
                        knowingly facilitated or provided by a foreign 
                        financial institution for the NIOC or the NITC, 
                        as applicable, for the purchase of petroleum or 
                        petroleum products from Iran if an exception 
                        under paragraph (4)(D) of section 1245(d) of 
                        the National Defense Authorization Act for 
                        Fiscal Year 2012 (22 U.S.C. 8513a(d)) applies 
                        to the country with primary jurisdiction over 
                        the foreign financial institution at the time 
                        of the transaction or the provision of the 
                        service.
                            ``(iii) Rule of construction.--The 
                        exceptions in clauses (i) and (ii) shall not be 
                        construed to limit the authority of the 
                        Secretary of the Treasury to impose sanctions 
                        pursuant to the regulations prescribed under 
                        paragraph (1) for an activity described in 
                        paragraph (2) to the extent the activity would 
                        meet the criteria described in that paragraph 
                        in the absence of the involvement of the NIOC 
                        or the NITC.
                    ``(D) Definitions.--In this paragraph:
                            ``(i) NIOC.--The term `NIOC' means the 
                        National Iranian Oil Company.
                            ``(ii) NITC.--The term `NITC' means the 
                        National Iranian Tanker Company.''.
    (c) Conforming Amendments.--
            (1) Waiver.--Section 104(f) of the Comprehensive Iran 
        Sanctions, Accountability, and Divestment Act of 2010 (22 
        U.S.C. 8513(f)) is amended by inserting ``or section 104A'' 
        after ``subsection (c)''.
            (2) Classified information.--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)'' and inserting ``paragraph (1) or (4) of 
        subsection (c) or section 104A'' both places it appears.
    (d) Applicability.--
            (1) In general.--If an exception to sanctions described in 
        clause (i) or (ii) of paragraph (4)(C) of section 104(c) of the 
        Comprehensive Iran Sanctions, Accountability, and Divestment 
        Act of 2010, as added by subsection (b), applies to a person 
        that engages in a transaction described in paragraph (2) at the 
        time of the transaction, the President is authorized not to 
        impose sanctions with respect to the transaction under--
                    (A) section 302(b)(1);
                    (B) section 104A of the Comprehensive Iran 
                Sanctions, Accountability, and Divestment Act of 2010, 
                as added by section 216; or
                    (C) any other applicable provision of law 
                authorizing the imposition of sanctions with respect to 
                Iran.
            (2) Transaction described.--A transaction described in this 
        paragraph is a transaction--
                    (A) solely for the purchase of petroleum or 
                petroleum products from Iran; and
                    (B) for which sanctions may be imposed solely as a 
                result of the involvement of the National Iranian Oil 
                Company or the National Iranian Tanker Company in the 
                transaction under--
                            (i) section 302(b)(1);
                            (ii) section 104A of the Comprehensive Iran 
                        Sanctions, Accountability, and Divestment Act 
                        of 2010, as added by section 216; or
                            (iii) any other applicable provision of law 
                        authorizing the imposition of sanctions with 
                        respect to Iran.

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

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

SEC. 401. IMPOSITION OF SANCTIONS ON CERTAIN PERSONS 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.

    (a) Sense of Congress.--It is the sense of Congress that the 
Supreme Leader of Iran, the President of Iran, senior members of the 
Intelligence Ministry of Iran, senior members of Iran's Revolutionary 
Guard Corps, Ansar-e-Hezbollah and Basij-e-Mostaz'afin, and the 
Ministers of Defense, Interior, Justice, and Telecommunications are 
ultimately responsible for ordering, controlling, or otherwise 
directing a pattern and practice of serious human rights abuses against 
the Iranian people, and thus the President should include such persons 
on the list of persons who are responsible for or complicit in 
committing serious human rights abuses and subject to sanctions 
pursuant to section 105 of the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (22 U.S.C. 8514).
    (b) Report.--
            (1) Report required.--Not later than 180 days after the 
        date of the enactment of this Act, the Secretary of State shall 
        submit to the appropriate congressional committees a detailed 
        report with respect to whether each person described in 
        subsection (a) is 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. For any 
        such person who is not included in such report, the Secretary 
        of State should describe in the report the reasons why the 
        person was not included, including information on whether 
        sufficient credible evidence of responsibility for such abuses 
        was found.
            (2) Form.--The report required by paragraph (1) shall be 
        submitted in unclassified form but may contain a classified 
        annex.
            (3) Definition.--In this subsection, the term ``appropriate 
        congressional committees'' means--
                    (A) the Committee on Foreign Relations and the 
                Committee on Banking, Housing, and Urban Affairs of the 
                Senate; and
                    (B) the Committee on Foreign Affairs and the 
                Committee on Financial Services of the House of 
                Representatives.

SEC. 402. 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.

    (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:

``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.

    ``(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).
    ``(b) List.--
            ``(1) In general.--Not later than 90 days after the date of 
        the enactment of the Iran Threat Reduction and Syria 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.
            ``(2) Activity described.--
                    ``(A) In general.--A person engages in an activity 
                described in this paragraph if the person--
                            ``(i) transfers, or facilitates the 
                        transfer of, goods or technologies described in 
                        subparagraph (C) to Iran, any entity organized 
                        under the laws of Iran or otherwise subject to 
                        the jurisdiction of the Government of Iran, or 
                        any national of Iran, for use in or with 
                        respect to Iran; or
                            ``(ii) provides services (including 
                        services relating to hardware, software, and 
                        specialized information, and professional 
                        consulting, engineering, and support services) 
                        with respect to goods or technologies described 
                        in subparagraph (C) after such goods or 
                        technologies are transferred to Iran.
                    ``(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 Threat Reduction and Syria 
                Human Rights Act of 2012.
                    ``(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 (or by any other 
                person on behalf of the Government of Iran or any of 
                such agencies or instrumentalities) to commit serious 
                human rights abuses against the people of Iran, 
                including--
                            ``(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
                            ``(ii) sensitive technology (as defined in 
                        section 106(c)).
            ``(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--
                    ``(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
                    ``(B) the President has received reliable 
                assurances that the person will not knowingly engage in 
                any activity described in paragraph (2) in the future.
            ``(4) Updates of list.--The President shall submit to the 
        appropriate congressional committees an updated list under 
        paragraph (1)--
                    ``(A) each time the President is required to submit 
                an updated list to those committees under section 
                105(b)(2)(A); and
                    ``(B) as new information becomes available.
            ``(5) Form of report; public availability.--
                    ``(A) Form.--The list required by paragraph (1) 
                shall be submitted in unclassified form but may contain 
                a classified annex.
                    ``(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.
    ``(c) Application of Sanctions.--
            ``(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).
            ``(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--
                    ``(A) impose sanctions described in section 105(c) 
                with respect to the person; and
                    ``(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.''.
    (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:

``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.''.

SEC. 403. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO ENGAGE IN 
              CENSORSHIP OR OTHER RELATED ACTIVITIES AGAINST CITIZENS 
              OF IRAN.

    (a) Sense of Congress.--It is the sense of Congress that--
            (1) satellite service providers and other entities that 
        have direct contractual arrangements to provide satellite 
        services to the Government of Iran or entities owned or 
        controlled by that Government should cease providing broadcast 
        services to that Government and those entities unless that 
        Government ceases activities intended to jam or restrict 
        satellite signals; and
            (2) the United States should address the illegal jamming of 
        satellite signals by the Government of Iran through the voice 
        and vote of the United States in the United Nations 
        International Telecommunications Union.
    (b) Imposition of Sanctions.--The Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (22 U.S.C. 8501 et seq.), as 
amended by section 402, is further amended by inserting after section 
105A the following:

``SEC. 105B. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO ENGAGE 
              IN CENSORSHIP OR OTHER RELATED ACTIVITIES AGAINST 
              CITIZENS OF IRAN.

    ``(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).
    ``(b) List of Persons Who Engage in Censorship.--
            ``(1) In general.--Not later than 90 days after the date of 
        the enactment of the Iran Threat Reduction and Syria Human 
        Rights Act of 2012, the President shall submit to the 
        appropriate congressional committees a list of persons that the 
        President determines have, on or after June 12, 2009, engaged 
        in censorship or other activities with respect to Iran that--
                    ``(A) prohibit, limit, or penalize the exercise of 
                freedom of expression or assembly by citizens of Iran; 
                or
                    ``(B) limit access to print or broadcast media, 
                including the facilitation or support of intentional 
                frequency manipulation by the Government of Iran or an 
                entity owned or controlled by that Government that 
                would jam or restrict an international signal.
            ``(2) Updates of list.--The President shall submit to the 
        appropriate congressional committees an updated list under 
        paragraph (1)--
                    ``(A) each time the President is required to submit 
                an updated list to those committees under section 
                105(b)(2)(A); and
                    ``(B) as new information becomes available.
            ``(3) Form of report; public availability.--
                    ``(A) Form.--The list required by paragraph (1) 
                shall be submitted in unclassified form but may contain 
                a classified annex.
                    ``(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.''.
    (c) Clerical Amendment.--The table of contents for the 
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010, as amended by section 402, is further amended by inserting after 
the item relating to section 105A the following:

``Sec. 105B. Imposition of sanctions with respect to persons who engage 
                            in censorship or other related activities 
                            against citizens of Iran.''.
    (d) 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--
            (1) by inserting ``, 105A(a), or 105B(a)'' after 
        ``105(a)''; and
            (2) by inserting ``, 105A(b), or 105B(b)'' after 
        ``105(b)''.

        Subtitle B--Additional Measures to Promote Human Rights

SEC. 411. CODIFICATION OF SANCTIONS WITH RESPECT TO GRAVE HUMAN RIGHTS 
              ABUSES BY THE GOVERNMENTS OF IRAN AND SYRIA USING 
              INFORMATION TECHNOLOGY.

    United States sanctions with respect to Iran and Syria provided for 
in Executive Order No. 13606 (77 Fed. Reg. 24571), as in effect on the 
day before the date of the enactment of this Act, shall remain in 
effect--
            (1) with respect to Iran, until the date that is 30 days 
        after the date on which the President submits to Congress the 
        certification described in section 401(a) of the Comprehensive 
        Iran Sanctions, Accountability, and Divestment Act of 2010 (22 
        U.S.C. 8551(a)); and
            (2) with respect to Syria, until the date on which the 
        provisions of and sanctions imposed pursuant to title VII 
        terminate pursuant to section 706.

SEC. 412. CLARIFICATION OF SENSITIVE TECHNOLOGIES FOR PURPOSES OF 
              PROCUREMENT BAN UNDER COMPREHENSIVE IRAN SANCTIONS, 
              ACCOUNTABILITY, AND DIVESTMENT ACT OF 2010.

    The Secretary of State shall--
            (1) not later than 90 days after the date of the enactment 
        of this Act, issue guidelines to further describe the 
        technologies that may be considered ``sensitive technology'' 
        for purposes of section 106 of the Comprehensive Iran 
        Sanctions, Accountability, and Divestment Act of 2010 (22 
        U.S.C. 8515), with special attention to new forms of 
        sophisticated jamming, monitoring, and surveillance technology 
        relating to mobile telecommunications and the Internet, and 
        publish those guidelines in the Federal Register;
            (2) determine the types of 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
            (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 technologies to Iran and the development 
        of Iran's indigenous capabilities to disrupt and monitor 
        information and communications in Iran.

SEC. 413. EXPEDITED CONSIDERATION OF REQUESTS FOR AUTHORIZATION OF 
              CERTAIN HUMAN RIGHTS-, HUMANITARIAN-, AND DEMOCRACY-
              RELATED ACTIVITIES WITH RESPECT TO IRAN.

    (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--
            (1) entities receiving funds from the Department of State 
        to engage in the proposed activity;
            (2) the Broadcasting Board of Governors; and
            (3) other appropriate agencies of the United States 
        Government.
    (b) Procedures.--Requests for authorization under subsection (a) 
shall be submitted to the Office of Foreign Assets Control in 
conformance with the Office's regulations, including section 501.801 of 
title 31, Code of Federal Regulations (commonly known as the Reporting, 
Procedures and Penalties Regulations). Applicants shall 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 shall include a 
copy of an official Commodity Classification issued by the Department 
of Commerce, Bureau of Industry and Security, as part of the license 
application.
    (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.
    (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:
            (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 title 
        15, Code of Federal 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.
            (2) Any other requests presenting unusual or extraordinary 
        circumstances.
    (e) Regulations.--The Secretary of the Treasury may prescribe such 
regulations as are appropriate to carry out this section.

SEC. 414. COMPREHENSIVE STRATEGY TO PROMOTE INTERNET FREEDOM AND ACCESS 
              TO INFORMATION IN IRAN.

    Not later than 90 days after the date of the enactment of this Act, 
the Secretary of State, in consultation with the Secretary of the 
Treasury and the heads of other Federal agencies, as appropriate, shall 
submit to the appropriate congressional committees a comprehensive 
strategy to--
            (1) assist the people of Iran to produce, access, and share 
        information freely and safely via the Internet, including in 
        Farsi and regional languages;
            (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;
            (3) increase the capabilities and availability of secure 
        mobile and other communications through connective technology 
        among human rights and democracy activists in Iran;
            (4) provide resources for digital safety training for media 
        and academic and civil society organizations in Iran;
            (5) provide accurate and substantive Internet content in 
        local languages in Iran;
            (6) increase emergency resources for the most vulnerable 
        human rights advocates seeking to organize, share information, 
        and support human rights in Iran;
            (7) expand surrogate radio, television, live stream, and 
        social network communications inside Iran, including--
                    (A) by expanding 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; and
                    (B) by assisting telecommunications and software 
                companies that are United States persons to comply with 
                the export licensing requirements of the United States 
                for the purpose of expanding such communications inside 
                Iran;
            (8) expand activities to safely assist and train human 
        rights, civil society, and democracy activists in Iran to 
        operate effectively and securely;
            (9) identify and utilize all available resources to 
        overcome attempts by the Government of Iran to jam or otherwise 
        deny international satellite broadcasting signals;
            (10) expand worldwide United States embassy and consulate 
        programming for and outreach to Iranian dissident communities;
            (11) expand access to proxy servers for democracy activists 
        in Iran; and
            (12) discourage telecommunications and software companies 
        from facilitating Internet censorship by the Government of 
        Iran.

SEC. 415. STATEMENT OF POLICY ON POLITICAL PRISONERS.

    It shall be the policy of the United States--
            (1) to support efforts to research and identify prisoners 
        of conscience and cases of human rights abuses in Iran;
            (2) to 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;
            (3) to 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 the national 
        security interests of the United States; and
            (4) to 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.

                         TITLE V--MISCELLANEOUS

SEC. 501. EXCLUSION OF CITIZENS OF IRAN SEEKING EDUCATION RELATING TO 
              THE NUCLEAR AND ENERGY SECTORS OF IRAN.

    (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.
    (b) Applicability.--Subsection (a) applies with respect to visa 
applications filed on or after the date of the enactment of this Act.

SEC. 502. INTERESTS IN CERTAIN FINANCIAL ASSETS OF IRAN.

    (a) Interests in Blocked Assets.--
            (1) In general.--Subject to paragraph (2), notwithstanding 
        any other provision of law, including any provision of law 
        relating to sovereign immunity, and preempting any inconsistent 
        provision of State law, a financial asset that is--
                    (A) held in the United States for a foreign 
                securities intermediary doing business in the United 
                States;
                    (B) a blocked asset (whether or not subsequently 
                unblocked) that is property described in subsection 
                (b); and
                    (C) equal in value to a financial asset of Iran, 
                including an asset of the central bank or monetary 
                authority of the Government of Iran or any agency or 
                instrumentality of that Government, that such foreign 
                securities intermediary or a related intermediary holds 
                abroad,
        shall be subject to execution or attachment in aid of execution 
        in order to satisfy any judgment to the extent of any 
        compensatory damages awarded 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.
            (2) Court determination required.--In order to ensure that 
        Iran is held accountable for paying the judgments described in 
        paragraph (1) and in furtherance of the broader goals of this 
        Act to sanction Iran, prior to an award turning over any asset 
        pursuant to execution or attachment in aid of execution with 
        respect to any judgments against Iran described in paragraph 
        (1), the court shall determine whether Iran holds equitable 
        title to, or the beneficial interest in, the assets described 
        in subsection (b) and that no other person possesses a 
        constitutionally protected interest in the assets described in 
        subsection (b) under the Fifth Amendment to the Constitution of 
        the United States. To the extent the court determines that a 
        person other than Iran holds--
                    (A) equitable title to, or a beneficial interest 
                in, the assets described in subsection (b) (excluding a 
                custodial interest of a foreign securities intermediary 
                or a related intermediary that holds the assets abroad 
                for the benefit of Iran); or
                    (B) a constitutionally protected interest in the 
                assets described in subsection (b),
        such assets shall be available only for execution or attachment 
        in aid of execution to the extent of Iran's equitable title or 
        beneficial interest therein and to the extent such execution or 
        attachment does not infringe upon such constitutionally 
        protected interest.
    (b) Financial Assets Described.--The financial assets described in 
this section are the financial assets that are identified in and the 
subject of proceedings in the United States District Court for the 
Southern District of New York in Peterson et al. v. Islamic Republic of 
Iran et al., Case No. 10 Civ. 4518 (BSJ) (GWG), that were restrained by 
restraining notices and levies secured by the plaintiffs in those 
proceedings, as modified by court order dated June 27, 2008, and 
extended by court orders dated June 23, 2009, May 10, 2010, and June 
11, 2010, so long as such assets remain restrained by court order.
    (c) Rules of Construction.--Nothing in this section shall be 
construed--
            (1) to affect the availability, or lack thereof, of a right 
        to satisfy a judgment in any other action against a terrorist 
        party in any proceedings other than proceedings referred to in 
        subsection (b); or
            (2) to apply to assets other than the assets described in 
        subsection (b), or to preempt State law, including the Uniform 
        Commercial Code, except as expressly provided in subsection 
        (a)(1).
    (d) Definitions.--In this section:
            (1) Blocked asset.--The term ``blocked asset''--
                    (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
                    (B) does not include property that--
                            (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
                            (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.
            (2) Financial asset; securities intermediary.--The terms 
        ``financial asset'' and ``securities intermediary'' have the 
        meanings given those terms in the Uniform Commercial Code, but 
        the former includes cash.
            (3) 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.
            (4) Person.--
                    (A) In general.--The term ``person'' means an 
                individual or entity.
                    (B) Entity.--The term ``entity'' means a 
                partnership, association, trust, joint venture, 
                corporation, group, subgroup, or other organization.
            (5) Terrorist party.--The term ``terrorist party'' has the 
        meaning given that term in section 201(d) of the Terrorism Risk 
        Insurance Act of 2002 (28 U.S.C. 1610 note).
            (6) United states.--The term ``United States'' includes all 
        territory and waters, continental, or insular, subject to the 
        jurisdiction of the United States.
    (e) Technical Changes to the Foreign Sovereign Immunities Act.--
            (1) Title 28, united states code.--Section 1610 of title 
        28, United States Code, is amended--
                    (A) in subsection (a)(7), by inserting after 
                ``section 1605A'' the following: ``or section 
                1605(a)(7) (as such section was in effect on January 
                27, 2008)''; and
                    (B) in subsection (b)--
                            (i) in paragraph (2)--
                                    (I) by striking ``(5), 1605(b), or 
                                1605A'' and inserting ``(5) or 
                                1605(b)''; and
                                    (II) by striking the period at the 
                                end and inserting ``, or''; and
                            (ii) by adding after paragraph (2) the 
                        following:
            ``(3) the judgment relates to a claim for which the agency 
        or instrumentality is not immune by virtue of section 1605A of 
        this chapter or section 1605(a)(7) of this chapter (as such 
        section was in effect on January 27, 2008), regardless of 
        whether the property is or was involved in the act upon which 
        the claim is based.''.
            (2) Terrorism risk insurance act of 2002.--Section 201(a) 
        of the Terrorism Risk Insurance Act of 2002 (28 U.S.C. 1610 
        note) is amended by striking ``section 1605(a)(7)'' and 
        inserting ``section 1605A or 1605(a)(7) (as such section was in 
        effect on January 27, 2008)''.

SEC. 503. TECHNICAL CORRECTIONS TO SECTION 1245 OF THE NATIONAL DEFENSE 
              AUTHORIZATION ACT FOR FISCAL YEAR 2012.

    (a) Exception for Sales of Agricultural Commodities.--
            (1) In general.--Section 1245(d)(2) of the National Defense 
        Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(2)) 
        is amended--
                    (A) in the paragraph heading, by inserting 
                ``agricultural commodities,'' after ``sales of''; and
                    (B) in the text, by inserting ``agricultural 
                commodities,'' after ``sale of''.
            (2) Effective date.--The amendments made by paragraph (1) 
        shall take effect as if included in the National Defense 
        Authorization Act for Fiscal Year 2012 (Public Law 112-81; 125 
        Stat. 1298).
    (b) Report of Energy Information Administration.--
            (1) In general.--Section 1245(d)(4)(A) of the National 
        Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 
        8513a(d)(4)(A)) is amended--
                    (A) by striking ``60 days after the date of the 
                enactment of this Act, and every 60 days thereafter'' 
                and inserting ``October 25, 2012, and the last Thursday 
                of every other month thereafter''; and
                    (B) by striking ``60-day period'' and inserting 
                ``2-month period''.
            (2) Effective date.--The amendments made by paragraph (1) 
        shall take effect on September 1, 2012.

SEC. 504. EXPANSION OF SANCTIONS UNDER SECTION 1245 OF THE NATIONAL 
              DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2012.

    (a) In General.--Section 1245 of the National Defense Authorization 
Act for Fiscal Year 2012 (22 U.S.C. 8513a), as amended by section 503, 
is further amended--
            (1) in subsection (d)--
                    (A) in paragraph (3), by striking ``a foreign 
                financial institution owned or controlled by the 
                government of a foreign country, including''; and
                    (B) in paragraph (4)(D)--
                            (i) by striking ``Sanctions imposed'' and 
                        inserting the following:
                            ``(i) In general.--Sanctions imposed'';
                            (ii) in clause (i), as designated by clause 
                        (i) of this subparagraph--
                                    (I) by striking ``a foreign 
                                financial institution'' and inserting 
                                ``a financial transaction described in 
                                clause (ii) conducted or facilitated by 
                                a foreign financial institution'';
                                    (II) by striking ``institution has 
                                significantly'' and inserting 
                                ``institution--
                                    ``(I) has significantly reduced'';
                                    (III) by striking the period at the 
                                end and inserting ``; or''; and
                                    (IV) by adding at the end the 
                                following:
                                    ``(II) in the case of a country 
                                that has previously received an 
                                exception under this subparagraph, has, 
                                after receiving the exception, reduced 
                                its crude oil purchases from Iran to 
                                zero.''; and
                            (iii) by adding at the end the following:
                            ``(ii) Financial transactions described.--A 
                        financial transaction conducted or facilitated 
                        by a foreign financial institution is described 
                        in this clause if--
                                    ``(I) the financial transaction is 
                                only for trade in goods or services 
                                between the country with primary 
                                jurisdiction over the foreign financial 
                                institution and Iran; and
                                    ``(II) any funds owed to Iran as a 
                                result of such trade are credited to an 
                                account located in the country with 
                                primary jurisdiction over the foreign 
                                financial institution.'';
            (2) in subsection (h)--
                    (A) by redesignating paragraph (3) as paragraph 
                (4); and
                    (B) by inserting after paragraph (2) the following:
            ``(3) Significant reductions.--The terms `reduce 
        significantly', `significant reduction', and `significantly 
        reduced', with respect to purchases from Iran of petroleum and 
        petroleum products, include a reduction in such purchases in 
        terms of price or volume toward a complete cessation of such 
        purchases.''; and
            (3) by adding at the end the following:
    ``(i) Termination.--The provisions of this section shall terminate 
on the date that is 30 days after the date on which the President 
submits to Congress the certification described in section 401(a) of 
the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8551(a)).''.
    (b) Effective Date.--The amendments made by paragraphs (1) and (2) 
of subsection (a) shall apply with respect to financial transactions 
conducted or facilitated on or after the date that is 180 days after 
the date of the enactment of this Act.

SEC. 505. REPORTS ON NATURAL GAS EXPORTS FROM IRAN.

    (a) Report by Energy Information Administration.--Not later than 60 
days after the date of the enactment of this Act, the Administrator of 
the Energy Information Administration shall submit to the President and 
the appropriate congressional committees a report on the natural gas 
sector of Iran that includes--
            (1) an assessment of exports of natural gas from Iran;
            (2) an identification of the countries that purchase the 
        most natural gas from Iran;
            (3) an assessment of alternative supplies of natural gas 
        available to those countries;
            (4) an assessment of the impact a reduction in exports of 
        natural gas from Iran would have on global natural gas supplies 
        and the price of natural gas, especially in countries 
        identified under paragraph (2); and
            (5) such other information as the Administrator considers 
        appropriate.
    (b) Report by President.--
            (1) In general.--Not later than 60 days after receiving the 
        report required by subsection (a), the President shall, relying 
        on information in that report, submit to the appropriate 
        congressional committees a report that includes--
                    (A) an assessment of--
                            (i) the extent to which revenues from 
                        exports of natural gas from Iran are still 
                        enriching the Government of Iran;
                            (ii) whether a sanctions regime similar to 
                        the sanctions regime imposed with respect to 
                        purchases of petroleum and petroleum products 
                        from Iran pursuant to section 1245 of the 
                        National Defense Authorization Act for Fiscal 
                        Year 2012, as amended by sections 503 and 504, 
                        or other measures could be applied effectively 
                        to exports of natural gas from Iran;
                            (iii) the geostrategic implications of a 
                        reduction in exports of natural gas from Iran, 
                        including the impact of such a reduction on the 
                        countries identified under subsection (a)(2);
                            (iv) alternative supplies of natural gas 
                        available to those countries; and
                            (v) the impact a reduction in exports of 
                        natural gas from Iran would have on global 
                        natural gas supplies and the price of natural 
                        gas and the impact, if any, on swap 
                        arrangements for natural gas in place between 
                        Iran and neighboring countries; and
                    (B) specific recommendations with respect to 
                measures designed to limit the revenue received by the 
                Government of Iran from exports of natural gas; and
                    (C) any other information the President considers 
                appropriate.
            (2) Form of report.--Each report required by paragraph (1) 
        shall be submitted in unclassified form but may contain a 
        classified annex.

SEC. 506. REPORT ON MEMBERSHIP OF IRAN IN INTERNATIONAL ORGANIZATIONS.

    Not later than 180 days after the date of the enactment of this 
Act, and not later than September 1 of each year thereafter, the 
Secretary of State shall submit to the appropriate congressional 
committees 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.

SEC. 507. SENSE OF CONGRESS ON EXPORTATION OF GOODS, SERVICES, AND 
              TECHNOLOGIES FOR AIRCRAFT PRODUCED IN THE UNITED STATES.

    It is the sense of Congress that licenses to export or reexport 
goods, services, or technologies for aircraft produced in the United 
States should be provided only in situations in which such licenses are 
truly essential and in a manner consistent with the laws and foreign 
policy goals of the United States.

                      TITLE VI--GENERAL PROVISIONS

SEC. 601. IMPLEMENTATION; PENALTIES.

    (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--
            (1) sections 211, 212, 213, 217, 218, 220, 312, and 411, 
        subtitle A of title III, and title VII;
            (2) section 104A of the Comprehensive Iran Sanctions, 
        Accountability, and Divestment Act of 2010, as added by section 
        312; and
            (3) sections 105A and 105B of the Comprehensive Iran 
        Sanctions, Accountability, and Divestment Act of 2010, as added 
        by subtitle A of title IV.
    (b) Penalties.--
            (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.
            (2) Provisions specified.--The provisions specified in this 
        paragraph are the following:
                    (A) Sections 211, 212, 213, and 220, subtitle A of 
                title III, and title VII.
                    (B) Sections 105A and 105B of the Comprehensive 
                Iran Sanctions, Accountability, and Divestment Act of 
                2010, as added by subtitle A of title IV.

SEC. 602. APPLICABILITY TO CERTAIN INTELLIGENCE ACTIVITIES.

    Nothing in this Act or the amendments made by this Act shall apply 
to the authorized intelligence activities of the United States.

SEC. 603. APPLICABILITY TO CERTAIN NATURAL GAS PROJECTS.

    (a) Exception for Certain Natural Gas Projects.--Nothing in this 
Act or the amendments made by this Act shall apply to any activity 
relating to a project--
            (1) for the development of natural gas and the construction 
        and operation of a pipeline to transport natural gas from 
        Azerbaijan to Turkey and Europe;
            (2) that provides to Turkey and countries in Europe energy 
        security and energy independence from the Government of the 
        Russian Federation and other governments with jurisdiction over 
        persons subject to sanctions imposed under this Act or 
        amendments made by this Act; and
            (3) that was initiated before the date of the enactment of 
        this Act pursuant to a production-sharing agreement, or an 
        ancillary agreement necessary to further a production-sharing 
        agreement, entered into with, or a license granted by, the 
        government of a country other than Iran before such date of 
        enactment.
    (b) Termination of Exception.--
            (1) In general.--The exception under subsection (a) shall 
        not apply with respect to a project described in that 
        subsection on or after the date on which the President 
        certifies to the appropriate congressional committees that--
                    (A) the percentage of the equity interest in the 
                project held by or on behalf of an entity described in 
                paragraph (2) has increased relative to the percentage 
                of the equity interest in the project held by or on 
                behalf of such an entity on January 1, 2002; or
                    (B) an entity described in paragraph (2) has 
                assumed an operational role in the project.
            (2) Entity described.--An entity described in this 
        paragraph is--
                    (A) an entity--
                            (i) owned or controlled by the Government 
                        of Iran or identified under section 560.304 of 
                        title 31, Code of Federal Regulations (relating 
                        to the definition of the Government of Iran); 
                        or
                            (ii) organized under the laws of Iran or 
                        with the participation or approval of the 
                        Government of Iran;
                    (B) an entity owned or controlled by an entity 
                described in subparagraph (A); or
                    (C) a successor entity to an entity described in 
                subparagraph (A).

SEC. 604. RULE OF CONSTRUCTION WITH RESPECT TO USE OF FORCE AGAINST 
              IRAN AND SYRIA.

    Nothing in this Act or the amendments made by this Act shall be 
construed as a declaration of war or an authorization of the use of 
force against Iran or Syria.

SEC. 605. TERMINATION.

    (a) In General.--The provisions of sections 211, 212, 213, 218, 
220, 221, 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)).
    (b) Amendment to Termination Date of Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010.--Section 401(a)(2) of the 
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8551(a)(2)) is amended by inserting ``, and verifiably 
dismantled its,'' after ``development of''.

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

SEC. 701. SHORT TITLE.

    This title may be cited as the ``Syria Human Rights Accountability 
Act of 2012''.

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.

    (a) In General.--The President shall impose sanctions described in 
subsection (c) with respect to each person on the list required by 
subsection (b).
    (b) List of Persons Who Are Responsible for or Complicit in Certain 
Human Rights Abuses.--
            (1) In general.--Not later than 120 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.
            (2) Updates of list.--The President shall submit to the 
        appropriate congressional committees an updated list under 
        paragraph (1)--
                    (A) not later than 300 days after the date of the 
                enactment of this Act and every 180 days thereafter; 
                and
                    (B) as new information becomes available.
            (3) Form of report; public availability.--
                    (A) Form.--The list required by paragraph (1) shall 
                be submitted in unclassified form but may contain a 
                classified annex.
                    (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.
            (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.
    (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 of property, subject to such regulations as the 
President may prescribe.

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.

    (a) In General.--The President shall impose sanctions described in 
section 702(c) with respect to--
            (1) each person on the list required by subsection (b); and
            (2) any person that--
                    (A) is a successor entity to a person on the list;
                    (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
                    (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.
    (b) List.--
            (1) In general.--Not later than 120 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.
            (2) Activity described.--
                    (A) In general.--A person engages in an activity 
                described in this paragraph if the person--
                            (i) transfers, or facilitates the transfer 
                        of, goods or technologies described in 
                        subparagraph (C) to Syria; or
                            (ii) provides services with respect to 
                        goods or technologies described in subparagraph 
                        (C) after such goods or technologies are 
                        transferred to Syria.
                    (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.
                    (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--
                            (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
                            (ii) sensitive technology.
                    (D) Sensitive technology defined.--
                            (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--
                                    (I) to restrict the free flow of 
                                unbiased information in Syria; or
                                    (II) to disrupt, monitor, or 
                                otherwise restrict speech of the people 
                                of Syria.
                            (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)).
            (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--
                    (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
                    (B) the President has received reliable assurances 
                that the person will not knowingly engage in any 
                activity described in paragraph (2) in the future.
            (4) Updates of list.--The President shall submit to the 
        appropriate congressional committees an updated list under 
        paragraph (1)--
                    (A) not later than 300 days after the date of the 
                enactment of this Act and every 180 days thereafter; 
                and
                    (B) as new information becomes available.
            (5) Form of report; public availability.--
                    (A) Form.--The list required by paragraph (1) shall 
                be submitted in unclassified form but may contain a 
                classified annex.
                    (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.

SEC. 704. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO ENGAGE IN 
              CENSORSHIP OR OTHER FORMS OF REPRESSION IN SYRIA.

    (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).
    (b) List of Persons Who Engage in Censorship.--
            (1) In general.--Not later than 120 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.
            (2) Updates of list.--The President shall submit to the 
        appropriate congressional committees an updated list under 
        paragraph (1)--
                    (A) not later than 300 days after the date of the 
                enactment of this Act and every 180 days thereafter; 
                and
                    (B) as new information becomes available.
            (3) Form of report; public availability.--
                    (A) Form.--The list required by paragraph (1) shall 
                be submitted in unclassified form but may contain a 
                classified annex.
                    (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.

SEC. 705. WAIVER.

    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--
            (1) determines that such a waiver is in the national 
        security interests of the United States; and
            (2) submits to the appropriate congressional committees a 
        report on the reasons for that determination.

SEC. 706. TERMINATION.

    (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--
            (1) the certification described in subsection (b); and
            (2) a certification that--
                    (A) the Government of Syria is democratically 
                elected and representative of the people of Syria; or
                    (B) a legitimate transitional government of Syria 
                is in place.
    (b) Certification Described.--A certification described in this 
subsection is a certification by the President that the Government of 
Syria--
            (1) has unconditionally released all political prisoners;
            (2) has ceased its practices of violence, unlawful 
        detention, torture, and abuse of citizens of Syria engaged in 
        peaceful political activity;
            (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;
            (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
            (5) has ceased the development and deployment of medium- 
        and long-range surface-to-surface ballistic missiles;
            (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
            (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.
    (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 180 days to allow time for a 
certification described in subsection (b) to be submitted.

            Attest:

                                                                 Clerk.
112th CONGRESS

  2d Session

                               H.R. 1905

_______________________________________________________________________

                  HOUSE AMENDMENT TO SENATE AMENDMENT
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