I 

117TH CONGRESS 

1ST SESSION H. R. 2718 

To impose additional sanctions with respect to Iran and modify other existing 

sanctions with respect to Iran, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

APRIL 21, 2021 

Mr. BANKS (for himself, Mr. WILSON of South Carolina, Mr. NORMAN, Mr. 

ROUZER, Mr. JOYCE of Pennsylvania, Mr. LAMALFA, Mr. TIFFANY, Mr. 

STEUBE, Mr. TIMMONS, Mrs. HARSHBARGER, Mr. JOHNSON of Louisiana, Ms. TENNEY, Mr. GOOD of Virginia, Mrs. LESKO, Mr. HILL, Mr. 

GOODEN of Texas, Ms. HERRELL, Mr. BABIN, Mr. JACOBS of New York, 

Mr. ARMSTRONG, Mr. WITTMAN, Mr. CARTER of Georgia, Mrs. 

MCCLAIN, Mr. FULCHER, Mr. PFLUGER, Mr. JOHNSON of Ohio, Mr. 

WEBER of Texas, Mr. ADERHOLT, Mr. SCALISE, Mr. RESCHENTHALER, 

Mr. TURNER, Mr. JACKSON, Mr. AUSTIN SCOTT of Georgia, Mr. 

LATURNER, Mr. TONY GONZALES of Texas, Mr. STEIL, Mr. LAMBORN, 

Mr. CAWTHORN, Mrs. WALORSKI, Mr. BARR, Mr. WENSTRUP, Mr. 

ARRINGTON, Mrs. CAMMACK, Mr. BISHOP of North Carolina, Mr. GOSAR, 

Mr. GARCIA of California, Mr. CARL, Mr. LOUDERMILK, Mr. HUDSON, 

Mr. HERN, Mrs. HARTZLER, Mr. BUDD, Mr. GIBBS, Mr. BRADY, Mr. 

BACON, Mr. BERGMAN, Mr. GROTHMAN, Mr. FALLON, Mr. WILLIAMS of 

Texas, Mr. HIGGINS of Louisiana, Mr. MCCLINTOCK, Mr. MOORE of 

Utah, Mr. OWENS, Mr. WALTZ, Mr. MANN, Mr. LAHOOD, Mr. MULLIN, 

Mr. SMUCKER, Mr. CHABOT, Mr. C. SCOTT FRANKLIN of Florida, Mr. 

FITZGERALD, Mrs. FISCHBACH, Mr. PALMER, Mr. STAUBER, Ms. 

MALLIOTAKIS, Mr. FEENSTRA, Mr. LATTA, Mr. ROY, Mr. PALAZZO, Mr. 

BURGESS, Mr. HUIZENGA, Mr. HAGEDORN, Mr. MEUSER, Mr. BAIRD, 

Ms. CHENEY, Mr. DUNCAN, and Ms. FOXX) introduced the following bill; 

which was referred to the Committee on Foreign Affairs, and in addition 

to the Committees on Financial Services, the Judiciary, Oversight and 

Reform, Ways and Means, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions 

as fall within the jurisdiction of the committee concerned 


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•HR 2718 IH

A BILL 

To impose additional sanctions with respect to Iran and 

modify other existing sanctions with respect to Iran, 

and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE; TABLE OF CONTENTS. 

4 (a) SHORT TITLE.—This Act may be cited as the 

5 ‘‘Maximum Pressure Act’’. 

6 (b) TABLE OF CONTENTS.—The table of contents for 

7 this Act is as follows: 

Sec. 1. Short title; table of contents. 

Sec. 2. Findings. 

Sec. 3. Statement of policy. 

Sec. 4. Severability. 

TITLE I—MATTERS RELATING TO SANCTIONS AND SANCTION 

AUTHORITIES 

Sec. 101. Codification of executive orders and continuation of certain existing 

sanctions. 

Sec. 102. Sanctions with respect to the Supreme Leader of Iran. 

Sec. 103. Sanctions with respect to listed persons involved in international arms 

sales to Iran. 

Sec. 104. Additional conditions for termination and elimination of sunset of 

sanctions under the Iran Sanctions Act of 1996. 

Sec. 105. Sectoral sanctions on Iran under the Iran Freedom and Counter-Proliferation Act of 2012. 

Sec. 106. Amendments to the comprehensive Iran Sanctions, Accountability, 

and Divestment Act of 2010. 

Sec. 107. Congressional review of certain actions relating to sanctions imposed 

with respect to Iran. 

Sec. 108. Clarification of guidance relating to Iran’s shipping sector. 

Sec. 109. Sunset of waiver and license authorities. 

Sec. 110. Codification and application on transfers of funds involving Iran. 

Sec. 111. Applicability of congressional review of certain agency rulemaking relating to Iran. 

Sec. 112. Strict liability of parent companies and foreign subsidiaries for violations of Foreign Corrupt Practices Act of 1977. 

Sec. 113. Expansion of sanctions with respect to efforts by Iran to acquire ballistic missile and related technology. 

Sec. 114. Expansion of sanctions under Iran Sanctions Act of 1996 with respect to persons that acquire or develop ballistic missiles. 


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Sec. 115. Imposition of sanctions with respect to Ballistic Missile Program of 

Iran. 

Sec. 116. Mandatory sanctions with respect to financial institutions that engage 

in certain transactions on behalf of persons involved in human 

rights abuses or that export sensitive technology to Iran. 

Sec. 117. Additional sanctions with respect to foreign persons that support or 

conduct certain transactions with Iran’s Revolutionary Guard 

Corps or other sanctioned persons. 

TITLE II—MATTERS RELATING TO THE FINANCING OF 

TERRORISM 

Sec. 201. Prohibitions of International Monetary Fund allocations for Iran. 

Sec. 202. Certification requirement for removal of designation of Iran as a jurisdiction of primary money laundering concern. 

Sec. 203. Requirement to take special measures at domestic financial institutions. 

Sec. 204. Additional sanctions with respect to foreign persons that are officials, 

agents, or affiliates of, or owned or controlled by, Iran’s Revolutionary Guard Corps. 

Sec. 205. Additional sanctions with respect to foreign persons that support or 

conduct certain transactions with Iran’s Revolutionary Guard 

Corps or other sanctioned persons. 

Sec. 206. Reports on certain Iranian persons and sectors of Iran’s economy 

that are controlled by Iran’s Revolutionary Guard Corps. 

TITLE III—MATTERS RELATING TO THE DESIGNATION OF 

CERTAIN ENTITIES 

Sec. 301. Prohibition on future waivers and licenses connected to the designation of the IRGC. 

Sec. 302. Prohibition on future waivers and licenses connected to the designation of the IRGC as a foreign terrorist organization. 

Sec. 303. Measures with respect to Ansarallah in Yemen. 

TITLE IV—DETERMINATIONS AND REPORTS 

Sec. 401. Determinations with respect to the imposition of sanctions. 

Sec. 402. Iranian militia watchlists. 

Sec. 403. Expansion of reporting to include Iranian arms shipments to the 

Houthis and Iranian backed militias in Iraq and Syria. 

Sec. 404. Annual report on Iran sanctions violations. 

Sec. 405. Report on sanctions relief going to terrorism or destabilizing activities. 

Sec. 406. Supporting human rights for the people of Iran and the victims of 

Iranian human rights abuses in Syria, Lebanon, Yemen, and 

Venezuela. 

Sec. 407. Determination with respect to net worth of Iranian Supreme Leader 

Ayatollah Ali Khamanei. 

Sec. 408. IRGC watch list and report. 

Sec. 409. Report on Iran’s breakout timeline for uranium enrichment and nuclear weaponization. 

Sec. 410. Report on Iranian disinformation campaigns and counterdisinformation efforts. 


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1 SEC. 2. FINDINGS. 

2 Congress finds the following: 

3 (1) Iran is the world’s leading state sponsor of 

4 terrorism. It seeks ‘‘death to America’’ and the de5 struction of the state of Israel. 

6 (2) Iran’s pursuit of nuclear weapons, its desta7 bilizing behavior in the Middle East, its support of 

8 terrorism, its development of ballistic missiles, and 

9 its gross violations of human rights against its own 

10 people and the peoples of the Middle East are a 

11 threat to the national security of the United States, 

12 our allies, and international peace and security. 

13 (3) Iran and its proxies have planned, directed, 

14 sponsored, and funded terrorist plots throughout the 

15 world and on United States soil, including the 2011 

16 attempted assassination of the Saudi Arabian Am17 bassador to the United States in Washington, DC, 

18 the 1994 bombing of the Asociacion Mutual Israelita 

19 Argentina in Buenos Aires, Argentina which killed 

20 over 85 people, and the 2012 bus bombing in 

21 Burgas, Bulgaria which killed five Israelis. 

22 (4) According to multiple American Directors of 

23 National Intelligence, Iran has the largest arsenal of 

24 ballistic missiles in the Middle East. Iran is also de25 veloping a robust cruise missile arsenal and adVerDate Sep 11 2014 23:54 Jul 16, 2021 Jkt 019200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H2718.IH H2718

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1 vanced drone capability, which threaten American 

2 and allied air and missile defenses. 

3 (5) Iran tests, transfers, and even uses these 

4 systems in military operations abroad. 

5 (6) Iran has given ballistic missiles and associ6 ated technology to the Houthis in Yemen, Shiite mi7 litias in Iraq, the Assad regime in Syria, and 

8 Hezbollah in Lebanon, and is also helping to traffic 

9 precision-guided munitions parts through the Middle 

10 East to upgrade the rocket forces of its chief proxy, 

11 Hezbollah. 

12 (7) Iran continues to hold Americans hostage, 

13 including Baquer and Siamak Namazi, Bob 

14 Levinson, and others. 

15 (8) The Joint Comprehensive Plan of Action 

16 negotiated by former President Barack Obama was 

17 fatally flawed, did not eliminate Iran’s pathway to a 

18 nuclear weapons, and allowed Iran to retain and re19 fine its nuclear weapons capability. 

20 (9) The verification and compliance mecha21 nisms of the failed Iran nuclear deal were weak and 

22 insufficient. 

23 (10) The failed Iran nuclear agreement did 

24 nothing to address Iran’s continued development of 


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1 ballistic and cruise missiles capable of delivering nu2 clear warheads. 

3 (11) The failed Iran nuclear agreement pro4 vided Iran with over $100,000,000,000 in sanctions 

5 relief that was used by Iran to fuel proxy wars 

6 across the Middle East, including supporting the 

7 brutal regime of Bashar al-Assad in Syria, and lin8 ing the pockets of the Islamic Revolutionary Guard 

9 Corps, Hizballah, Hamas, the Houthis, and the Ira10 nian backed terrorist militias in Iraq. 

11 (12) The failed Iran nuclear agreement lifted 

12 the United Nations arms embargo on Iran in Octo13 ber 2020, permitting Russia and China to engage in 

14 international arms sales with Iran. This also allows 

15 Iran to proliferate weapons across the world includ16 ing to Venezuela and the Assad regime in Syria. 

17 (13) A central strategic flaw of the failed Iran 

18 nuclear deal was the idea that an agreement with 

19 Iran should solely focus on the issue of nuclear 

20 weapons alone, and not address non-nuclear issues. 

21 (14) On May 21, 2018, two weeks after Presi22 dent Trump withdrew from the failed Iran nuclear 

23 deal, former Secretary of State Mike Pompeo made 

24 an address at The Heritage Foundation entitled 

25 ‘‘After the Deal: A New Iran Strategy’’ where he anVerDate Sep 11 2014 23:54 Jul 16, 2021 Jkt 019200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 E:\BILLS\H2718.IH H2718

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1 nounced that the Trump administration would 

2 ‘‘apply unprecedented financial pressure on the Ira3 nian regime’’ and laid out twelve demands that 

4 would need to be met by Iran as part of any agree5 ment related to the lifting of sanctions, and the re6 establishment of diplomatic and commercial relations 

7 with Iran. 

8 (15) In his remarks on May 21, 2018, Pompeo 

9 stated that ‘‘Iran advanced its march across the 

10 Middle East during the JCPOA. Qasem Soleimani 

11 has been playing with house money that has become 

12 blood money. Wealth created by the West has fueled 

13 his campaigns. Strategically, the Obama administra14 tion made a bet that the deal would spur Iran to 

15 stop its rogue state actions and conform to inter16 national norms. That bet was a loser with massive 

17 repercussions for all of the people living in the Mid18 dle East.’’. 

19 (16) Former President Donald J. Trump’s 

20 maximum pressure campaign on Iran denied the re21 gime unprecedented revenue it would have otherwise 

22 spent on terrorism. 

23 (17) On December 31, 2019, Iranian President 

24 Hassan Rouhani admitted that Iran had lost $200 

25 billion in revenue because of U.S. sanctions. 


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1 (18) Iran’s oil minister Bijan Zanganeh on 

2 three separate occasions has likened U.S. sanctions 

3 under the maximum pressure campaign to having 

4 made the economic situation worse than the Iran5 Iraq War (1980–1988). 

6 (19) Iran’s 2019 defense budget cut defense 

7 spending by 28 percent, including a 17 percent cut 

8 to the Iranian Islamic Revolutionary Guard Corps, a 

9 designated foreign terrorist organization. 

10 (20) The Iranian rial lost around 70 percent of 

11 its value since the beginning of President Trump’s 

12 maximum pressure campaign. 

13 (21) According to the International Monetary 

14 Fund (IMF), Iran’s accessible foreign exchange re15 serves plunged to $4 billion in 2020 from $123 bil16 lion in 2018, or a decrease of over 96 percent. 

17 (22) Due to the maximum pressure campaign, 

18 Hezbollah terrorists and Iranian backed militias 

19 were denied resources and were forced to cut sala20 ries of their fighters. 

21 (23) During the maximum pressure campaign, 

22 the United States was able to achieve the release of 

23 two hostages in Iran, Xiyue Wang and Michael 

24 White, without lifting sanctions or transferring cash 

25 to Iran. 


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1 (24) Former Special Representative for Syria 

2 Engagement James Jeffery stated on May 20th, 

3 2020, ‘‘We have seen the Iranians pulling in some 

4 of their outlying activities and such in Syria because 

5 of, frankly, financial problems . . . in terms of the 

6 huge success of the Trump administration’s sanc7 tions policies against Iran. It’s having a real effect 

8 in Syria.’’. 

9 (25) President Joe Biden has repeatedly 

10 pledged to re-enter the failed Iran nuclear agree11 ment and lift sanctions on Iran if Iran comes into 

12 compliance with the agreement. 

13 (26) On March 2, 2021, the Republican Study 

14 Committee’s Steering Committee formally adopted 

15 an official position supporting former President 

16 Trump’s maximum pressure campaign on Iran and 

17 pledged to work to fight against and work to reverse 

18 any and all sanctions relief for Iran unless Iran met 

19 all 12 demands laid out by former Secretary of State 

20 Pompeo. 

21 (27) On March 18, 2021, in an interview with 

22 BBC Persian, President Biden’s Special Envoy for 

23 Iran Robert Malley stated ‘‘President Biden and all 

24 of his senior advisers have said this—the maximum 

25 pressure campaign has failed. It was a failure, a preVerDate Sep 11 2014 23:54 Jul 16, 2021 Jkt 019200 PO 00000 Frm 00009 Fmt 6652 Sfmt 6201 E:\BILLS\H2718.IH H2718

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1 dicted failure. It hasn’t made life any better for the 

2 Iranian people; it hasn’t made life any better for the 

3 U.S. and the region; it hasn’t brought us any closer 

4 to this better deal that President Trump spoke 

5 about.’’. 

6 SEC. 3. STATEMENT OF POLICY. 

7 It is the policy of the United States as follows: 

8 (1) To deny Iran all paths to a nuclear weapon 

9 and intercontinental ballistic missiles capability, in10 cluding by permanently, verifiably and irreversibly 

11 eliminating its capabilities related to enrichment. 

12 (2) To roll back the totality of Iran’s malign in13 fluence and activities in the Middle East. 

14 (3) To support the human rights of the people 

15 of Iran. 

16 (4) To require that any new agreement with 

17 Iran should be submitted to the Senate for ratifica18 tion as a treaty. 

19 (5) To impose maximum economic pressure on 

20 Iran, and keep all sanctions in place on Iran, until 

21 the regime fulfills the following 12 demands laid out 

22 by former Secretary of State Pompeo on May 21, 

23 2018: 

24 (A) Iran must declare to the International 

25 Atomic Energy Agency a full account of the 


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1 prior military dimensions of its nuclear pro2 gram, and permanently and verifiably abandon 

3 such work in perpetuity. 

4 (B) Iran must stop enrichment and never 

5 pursue plutonium reprocessing, including clos6 ing its heavy water reactor. 

7 (C) Iran must also provide the Inter8 national Atomic Energy Agency with unquali9 fied access to all sites throughout the entire 

10 country. 

11 (D) Iran must end its proliferation of bal12 listic missiles and halt further launching or de13 velopment of nuclear-capable missile systems. 

14 (E) Iran must release all United States 

15 citizens as well as citizens of United States 

16 partners and allies, each of them detained on 

17 spurious charges. 

18 (F) Iran must end its support for ter19 rorism, including Hezbollah, Hamas and Pales20 tinian Islamic Jihad. 

21 (G) Iran must respect the sovereignty of 

22 the Iraqi government and permit the disarming, 

23 demobilization and reintegration of Iranian 

24 backed militias. 


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1 (H) Iran must end its military support for 

2 the Houthi terrorists and work towards a 

3 peaceful, political settlement in Yemen. 

4 (I) Iran must withdraw all forces under 

5 Iranian command throughout the entirety of 

6 Syria. 

7 (J) Iran must end support for the Taliban 

8 and other terrorists in Afghanistan and the re9 gion and cease harboring senior al-Qaeda lead10 ers. 

11 (K) Iran must end the Islamic Revolu12 tionary Guard Corps’ Quds Force’s support for 

13 terrorists around the world. 

14 (L) Iran must end its threatening behavior 

15 against its neighbors including its threats to de16 stroy Israel and its firing of missiles at Saudi 

17 Arabia and the United Arab Emirates, and 

18 threats to international shipping and destruc19 tive cyberattacks. 

20 SEC. 4. SEVERABILITY. 

21 If any provision of this Act, or an amendment made 

22 by this Act, or the application of such provision or amend23 ment to any person or circumstance, is held to be invalid, 

24 the remainder of this Act, the amendments made by this 

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1 ments to other persons or circumstances, shall not be af2 fected. 

3 TITLE I—MATTERS RELATING 

4 TO SANCTIONS AND SANC5 TION AUTHORITIES 

6 SEC. 101. CODIFICATION OF EXECUTIVE ORDERS AND CON7 TINUATION OF CERTAIN EXISTING SANC8 TIONS. 

9 (a) CODIFICATION.—Executive Orders 13606, 

10 13628, 13846, 13871, 13876, 13902, and 13949, as in 

11 effect on January 20, 2021, shall remain in effect and 

12 continue to apply until the date on which the President 

13 submits a certification to Congress pursuant to section 8 

14 of the Iran Sanctions Act of 1996 (50 U.S.C. 1701 note) 

15 as amended by this Act. 

16 (b) PROHIBITION ON REMOVAL OF PERSONS FROM

17 SDN LIST.—The President may not remove the following 

18 individuals or entities from the Specially Designated Na19 tionals and Blocked Persons list maintained by the Office 

20 of Foreign Asset Control of the Department of the Treas21 ury, if such persons were placed on such list during the 

22 period beginning on May 8, 2019, and ending January 20, 

23 2021, unless the President submits a certification to Con24 gress pursuant to section 8 of the Iran Sanctions Act of 

25 1996 (50 U.S.C. 1701 note) as amended by this Act: 


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1 (1) Any Iranian individual or entity. 

2 (2) Any individual or entity included in such 

3 list as a result of activities connected to Iran. 

4 (3) Asa’iab ahl al-Haq, Zainabiyoun, 

5 Fatemiyoun, and Harakat Hezbollah al-Nujaba. 

6 (c) REIMPOSITION OF SANCTIONS.—Any sanctions 

7 imposed during the period beginning on May 8, 2019, and 

8 ending January 20, 2021, with respect to any person de9 scribed in subsection (b)(1) or (b)(2), and subsequently 

10 lifted before the date of the enactment of this Act, shall 

11 be reimposed with respect to such persons beginning on 

12 the date of the enactment of this Act and shall remain 

13 in effect until the date on which the President submits 

14 a certification to Congress pursuant to section 8 of the 

15 Iran Sanctions Act of 1996 (50 U.S.C. 1701 note) as 

16 amended by this Act. 

17 SEC. 102. SANCTIONS WITH RESPECT TO THE SUPREME 

18 LEADER OF IRAN. 

19 (a) IN GENERAL.—Not later than 30 days after the 

20 date of the enactment of this Act, the President shall im21 pose the sanctions described in subsection (b) with respect 

22 to the following individuals: 

23 (1) The Supreme Leader of the Islamic Repub24 lic of Iran. 


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1 (2) Each member of the Iranian Supreme 

2 Leader’s Office. 

3 (3) Any person appointed by the Supreme 

4 Leader of Iran or the Supreme Leader’s Office to a 

5 position as— 

6 (A) a state official of Iran; 

7 (B) as the head of an entity located in 

8 Iran; or 

9 (C) as the head of an entity located outside 

10 of Iran that is owned or controlled by one or 

11 more entities in Iran. 

12 (4) Any person appointed to a position de13 scribed in subparagraphs (A) through (C) of para14 graph (3) by a person described in paragraph (3). 

15 (5) Any person the President determines has 

16 materially assisted, sponsored, or provided financial, 

17 material, or technological support for, or goods or 

18 services to or in support of any person whose prop19 erty and interests in property are blocked pursuant 

20 to this section. 

21 (6) Any person the President determines is 

22 owned or controlled by, or to have acted or pur23 ported to act for or on behalf of, directly or indi24 rectly, any person whose property and interests in 

25 property are blocked pursuant to this section. 


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1 (7) Any person the President determines con2 ducts a significant transaction or transactions with, 

3 or provides material support to or for anyone de4 scribed in paragraphs (1) through (6). 

5 (8) Any person who is a member of the board 

6 of directors or a senior executive officer of any per7 son whose property and interests in property are 

8 blocked pursuant to this section. 

9 (b) SANCTIONS DESCRIBED.— 

10 (1) IN GENERAL.—The sanctions described in 

11 this subsection are the following: 

12 (A) BLOCKING OF PROPERTY.—The Presi13 dent shall exercise all of the powers granted to 

14 the President under the International Emer15 gency Economic Powers Act (50 U.S.C. 1701 et 

16 seq.) to block and prohibit all transactions in 

17 property and interests in property of the foreign 

18 person if such property and interests in prop19 erty are in the United States, come within the 

20 United States, or are or come within the pos21 session or control of a United States person. 

22 (B) ALIENS INELIGIBLE FOR VISAS, AD23 MISSION, OR PAROLE.— 

24 (i) VISAS, ADMISSION, OR PAROLE.— 

25 An alien who the Secretary of State or the 


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1 Secretary of Homeland Security (or a des2 ignee of one of such Secretaries) knows, or 

3 has reason to believe, has knowingly en4 gaged in any activity described in sub5 section (a)(2) is— 

6 (I) inadmissible to the United 

7 States; 

8 (II) ineligible to receive a visa or 

9 other documentation to enter the 

10 United States; and 

11 (III) otherwise ineligible to be 

12 admitted or paroled into the United 

13 States or to receive any other benefit 

14 under the Immigration and Nation15 ality Act (8 U.S.C. 1101 et seq.). 

16 (ii) CURRENT VISAS REVOKED.— 

17 (I) IN GENERAL.—The issuing 

18 consular officer, the Secretary of 

19 State, or the Secretary of Homeland 

20 Security (or a designee of one of such 

21 Secretaries) shall, in accordance with 

22 section 221(i) of the Immigration and 

23 Nationality Act (8 U.S.C. 1201(i)), 

24 revoke any visa or other entry docu25 mentation issued to an alien described 


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1 in clause (i) regardless of when the 

2 visa or other entry documentation is 

3 issued. 

4 (II) EFFECT OF REVOCATION.— 

5 A revocation under subclause (I) shall 

6 take effect immediately and shall 

7 automatically cancel any other valid 

8 visa or entry documentation that is in 

9 the alien’s possession. 

10 (2) EXCEPTIONS.— 

11 (A) UN HEADQUARTERS AGREEMENT.— 

12 The sanctions described under paragraph 

13 (1)(B) shall not apply with respect to an alien 

14 if admitting or paroling the alien into the 

15 United States is necessary to permit the United 

16 States to comply with the Agreement regarding 

17 the Headquarters of the United Nations, signed 

18 at Lake Success June 26, 1947, and entered 

19 into force November 21, 1947, between the 

20 United Nations and the United States, or other 

21 applicable international obligations. 

22 (B) PRIOR TRANSFER DIRECTIVE.—The 

23 sanctions described under paragraph (1)(A) 

24 shall not apply with respect to property and in25 terests in property of the Government of Iran 


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1 that were blocked pursuant to Executive Order 

2 12170 of November 14, 1979 (Blocking Iranian 

3 Government Property), and thereafter made 

4 subject to the transfer directives set forth in 

5 Executive Order 12281 of January 19, 1981 

6 (Direction to Transfer Certain Iranian Govern7 ment Assets), and any implementing regula8 tions with respect to such Executive Order 

9 12281. 

10 (C) HUMANITARIAN EXCEPTION.—The 

11 sanctions described under paragraph (1)(B) 

12 and (1)(A) shall not apply with respect to any 

13 person for conducting or facilitating a trans14 action for the provision (including any sale) of 

15 agricultural commodities, food, medicine, or 

16 medical devices to Iran. 

17 (c) PENALTIES.—The penalties provided for in sub18 sections (b) and (c) of section 206 of the International 

19 Emergency Economic Powers Act (50 U.S.C. 1705) shall 

20 apply to a person that violates, attempts to violate, con21 spires to violate, or causes a violation of regulations pro22 mulgated to carry out this section or the sanctions im23 posed pursuant to this section to the same extent that 

24 such penalties apply to a person that commits an unlawful 

25 act described in section 206(a) of that Act. 


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1 (d) TERMINATION.—Sanctions imposed in accord2 ance with this section may be terminated or may be waived 

3 with respect to a foreign person if the President submits 

4 the certification required in section 8 of the Iran Sanctions 

5 Act of 1996 (50 U.S.C. 1701 note) as amended by this 

6 Act. 

7 SEC. 103. SANCTIONS WITH RESPECT TO LISTED PERSONS 

8 INVOLVED IN INTERNATIONAL ARMS SALES 

9 TO IRAN. 

10 (a) IMPOSITION OF SANCTIONS.— 

11 (1) IN GENERAL.—Not later than 60 days after 

12 the date of the enactment of this Act, and every 180 

13 days thereafter, the President shall impose the sanc14 tions described in subsection (b) with respect to each 

15 foreign person the President determines, on or after 

16 such date of enactment, engages in an activity de17 scribed in paragraph (2). 

18 (2) ACTIVITY DESCRIBED.—An activity de19 scribed in this paragraph is any of the following: 

20 (A) Any activity that materially contrib21 utes to the supply, sale, or transfer, directly or 

22 indirectly, to or from Iran, or for the use in or 

23 benefit of Iran, of arms or related materiel, in24 cluding spare parts. 


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1 (B) The provision to the Government of 

2 Iran any technical training, financial resources 

3 or services, advice, other services, or assistance 

4 related to the supply, sale, transfer, manufac5 ture, maintenance, or use of arms and related 

6 materiel described in subparagraph (A). 

7 (C) Any activity that materially contributes 

8 to, or poses a risk of materially contributing to, 

9 the proliferation of arms or related materiel or 

10 items intended for military end-uses or military 

11 end-users, including any efforts to manufacture, 

12 acquire, possess, develop, transport, transfer, or 

13 use such items, by the Government of Iran (in14 cluding persons owned or controlled by, or act15 ing for or on behalf of the Government of Iran) 

16 or paramilitary organizations financially or mili17 tarily supported by the Government of Iran. 

18 (D) Materially assisting, sponsoring, or 

19 providing financial, material, or technological 

20 support for, or goods or services to or in sup21 port of, any person whose property and inter22 ests in property are blocked pursuant to this 

23 Act. 

24 (E) Making any contribution or provision 

25 of funds, goods, or services by, to, or for the 


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1 benefit of any person whose property and inter2 ests in property are blocked pursuant to this 

3 Act. 

4 (F) Receiving any contribution or provision 

5 of funds, goods, or services from any such per6 son whose property and interests in property 

7 are blocked pursuant to this Act. 

8 (G) Being owned or controlled by, or act9 ing or purporting to act for or on behalf of, di10 rectly or indirectly, any person whose property 

11 and interests in property are blocked pursuant 

12 to this Act. 

13 (b) SANCTIONS DESCRIBED.— 

14 (1) IN GENERAL.—The sanctions described in 

15 this subsection are the following: 

16 (A) BLOCKING OF PROPERTY.—The Presi17 dent shall exercise all of the powers granted to 

18 the President under the International Emer19 gency Economic Powers Act (50 U.S.C. 1701 et 

20 seq.) to the extent necessary to block and pro21 hibit all transactions in property and interests 

22 in property of the foreign person if such prop23 erty and interests in property are in the United 

24 States, come within the United States, or are or 


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1 come within the possession or control of a 

2 United States person. 

3 (B) ALIENS INELIGIBLE FOR VISAS, AD4 MISSION, OR PAROLE.— 

5 (i) VISAS, ADMISSION, OR PAROLE.— 

6 An alien who the Secretary of State or the 

7 Secretary of Homeland Security (or a des8 ignee of one of such Secretaries) knows, or 

9 has reason to believe, has knowingly en10 gaged in any activity described in sub11 section (a)(2) is— 

12 (I) inadmissible to the United 

13 States; 

14 (II) ineligible to receive a visa or 

15 other documentation to enter the 

16 United States; and 

17 (III) otherwise ineligible to be 

18 admitted or paroled into the United 

19 States or to receive any other benefit 

20 under the Immigration and Nation21 ality Act (8 U.S.C. 1101 et seq.). 

22 (ii) CURRENT VISAS REVOKED.— 

23 (I) IN GENERAL.—The issuing 

24 consular officer, the Secretary of 

25 State, or the Secretary of Homeland 


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1 Security (or a designee of one of such 

2 Secretaries) shall, in accordance with 

3 section 221(i) of the Immigration and 

4 Nationality Act (8 U.S.C. 1201(i)), 

5 revoke any visa or other entry docu6 mentation issued to an alien described 

7 in clause (i) regardless of when the 

8 visa or other entry documentation is 

9 issued. 

10 (II) EFFECT OF REVOCATION.— 

11 A revocation under subclause (I) shall 

12 take effect immediately and shall 

13 automatically cancel any other valid 

14 visa or entry documentation that is in 

15 the alien’s possession. 

16 (2) EXCEPTIONS.— 

17 (A) UN HEADQUARTERS AGREEMENT.— 

18 The sanctions described under paragraph 

19 (1)(B) shall not apply with respect to an alien 

20 if admitting or paroling the alien into the 

21 United States is necessary to permit the United 

22 States to comply with the Agreement regarding 

23 the Headquarters of the United Nations, signed 

24 at Lake Success June 26, 1947, and entered 

25 into force November 21, 1947, between the 


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1 United Nations and the United States, or other 

2 applicable international obligations. 

3 (B) PRIOR TRANSFER DIRECTIVE.—The 

4 sanctions described under paragraph (1)(A) 

5 shall not apply with respect to property and in6 terests in property of the Government of Iran 

7 that were blocked pursuant to Executive Order 

8 12170 of November 14, 1979 (Blocking Iranian 

9 Government Property), and thereafter made 

10 subject to the transfer directives set forth in 

11 Executive Order 12281 of January 19, 1981 

12 (Direction to Transfer Certain Iranian Govern13 ment Assets), and any implementing regula14 tions with respect to such Executive Order 

15 12281. 

16 (C) HUMANITARIAN EXCEPTION.—The 

17 sanctions described under paragraph (1)(B) 

18 and (1)(A) shall not apply with respect to any 

19 person for conducting or facilitating a trans20 action for the provision (including any sale) of 

21 agricultural commodities, food, medicine, or 

22 medical devices to Iran. 

23 (c) PENALTIES.—The penalties provided for in sub24 sections (b) and (c) of section 206 of the International 

25 Emergency Economic Powers Act (50 U.S.C. 1705) shall 


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1 apply to a person that violates, attempts to violate, con2 spires to violate, or causes a violation of regulations pro3 mulgated to carry out this section or the sanctions im4 posed pursuant to this section to the same extent that 

5 such penalties apply to a person that commits an unlawful 

6 act described in section 206(a) of that Act. 

7 (d) TERMINATION.— 

8 (1) IN GENERAL.—Sanctions may be termi9 nated or may be waived with respect to a foreign 

10 person described in subsection (a)(1)(A) if the Presi11 dent certifies to the appropriate congressional com12 mittees that the person is no longer engaged in ac13 tivities described in paragraph (2) of such sub14 section. 

15 (2) APPROPRIATE CONGRESSIONAL COMMIT16 TEES.—In this subsection, the term ‘‘appropriate 

17 congressional committees’’ means— 

18 (A) the Committee on Foreign Affairs and 

19 the Committee on Financial Services of the 

20 House of Representatives; and 

21 (B) the Committee on Foreign Relations 

22 and the Committee on Banking, Housing, and 

23 Urban Affairs of the Senate. 


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1 SEC. 104. ADDITIONAL CONDITIONS FOR TERMINATION 

2 AND ELIMINATION OF SUNSET OF SANCTIONS 

3 UNDER THE IRAN SANCTIONS ACT OF 1996. 

4 (a) TERMINATION CONDITIONS.—Section 8 of the 

5 Iran Sanctions Act of 1996 (50 U.S.C. 1701 note) is 

6 amended— 

7 (1) by striking ‘‘The requirement’’ and insert8 ing ‘‘(a) IN GENERAL.—The requirement’’; and 

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

10 ‘‘(b) ADDITIONAL CONDITIONS FOR TERMINATION.— 

11 In addition to the requirement under subsection (a), sanc12 tions imposed under section 5(a) shall remain in effect un13 less the President determines and certifies to the appro14 priate congressional committees that Iran has complied 

15 with each of the following: 

16 ‘‘(1) Declared to the International Atomic En17 ergy Agency a full account of the prior military di18 mensions of its nuclear program and permanently 

19 and verifiably abandons such work in perpetuity. 

20 ‘‘(2) Stopped enrichment of and never returns 

21 to plutonium reprocessing, including by closing its 

22 heavy water reactor. 

23 ‘‘(3) Provided the International Atomic Energy 

24 Agency with unqualified access to all sites through25 out the entire country. 


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1 ‘‘(4) Ended its proliferation of ballistic missiles 

2 and halts further launching or development of nu3 clear-capable missile systems. 

4 ‘‘(5) Released all United States citizens, as well 

5 as citizens of United States partners and allies, that 

6 are unjustly detained and held captive in Iran. 

7 ‘‘(6) Respected the sovereignty of the Govern8 ment of Iraq through no longer preventing, hin9 dering, or disrupting any efforts by that Government 

10 with regard to the disarming, demobilization and re11 integration of Iranian-backed militias in Iraq. 

12 ‘‘(7) Ended its military support for the Houthi 

13 militia (Ansarallah) and worked towards a peaceful, 

14 political settlement in Yemen. 

15 ‘‘(8) Withdrawn all forces under Iran’s com16 mand throughout the entirety of Syria. 

17 ‘‘(9) Ended support for the Taliban and other 

18 terrorists in Afghanistan and the region and ceased 

19 to harbor senior al-Qaeda leaders. 

20 ‘‘(10) Ended the Islamic Revolutionary Guard 

21 Corps’ Quds Force’s support for terrorists around 

22 the world. 

23 ‘‘(11) Ended its threatening behavior against 

24 its neighbors, including its threats to destroy Israel 

25 and its firing of missiles at Saudi Arabia and the 


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1 United Arab Emirates, threats to international ship2 ping, and destructive cyberattacks. 

3 ‘‘(12) Ceased violently attacking and killing 

4 peaceful protesters in Iran, and provided a full ac5 counting for the 1500 peaceful protesters reported 

6 to be killed in November 2019 when fired upon by 

7 Iranian security forces.’’. 

8 (b) ELIMINATION OF SUNSET.—Section 13 of the 

9 Iran Sanctions Act of 1996 (50 U.S.C. 1701 note) is re10 pealed. 

11 SEC. 105. SECTORAL SANCTIONS ON IRAN UNDER THE IRAN 

12 FREEDOM AND COUNTER-PROLIFERATION 

13 ACT OF 2012. 

14 (a) AMENDMENTS WITH RESPECT TO COVERED SEC15 TORS.— 

16 (1) Subsection (b) of section 1244 of the Na17 tional Defense Authorization Act for Fiscal Year 

18 2013 (22 U.S.C. 8803) is amended by inserting 

19 ‘‘iron, steel, aluminum, copper, construction, manu20 facturing, mining, textile, petrochemical, automotive, 

21 financial’’ after ‘‘energy,’’ each place it appears. 

22 (2) Subsection (c) of such section 1244 is 

23 amended by inserting ‘‘iron, steel, aluminum, copper, 

24 construction, manufacturing, mining, textile, petroVerDate Sep 11 2014 23:54 Jul 16, 2021 Jkt 019200 PO 00000 Frm 00029 Fmt 6652 Sfmt 6201 E:\BILLS\H2718.IH H2718

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1 chemical, automotive, financial’’ after ‘‘energy,’’ 

2 each place it appears. 

3 (b) AMENDMENT WITH RESPECT TO WAIVER AU4 THORITY.—Subsection (i) of such section 1244 is amend5 ed by adding at the end the following: 

6 ‘‘(3) TERMINATION.—The authority to issue a 

7 waiver under this section shall terminate on the date 

8 that is 2 years after the date of the enactment of 

9 this paragraph.’’. 

10 (c) TERMINATION OF CERTAIN WAIVERS OF SANC11 TIONS WITH RESPECT TO NUCLEAR ACTIVITIES IN OR

12 WITH IRAN.— 

13 (1) TERMINATION.—As of the date of the en14 actment of this Act, any waiver of the application of 

15 sanctions provided for under any of sections 1244 

16 through 1247 of the National Defense Authorization 

17 Act for Fiscal Year 2013 (22 U.S.C. 8803 through 

18 8806), or provided to enable an activity described in 

19 subsection (b), is terminated. The President may not 

20 issue a new such waiver for such an activity on or 

21 after such date of enactment unless the President 

22 makes the certification to Congress pursuant to sec23 tion 8 of the Iran Sanctions Act of 1996 (50 U.S.C. 

24 1701 note) as amended by this Act. 


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1 (2) ACTIVITIES DESCRIBED.—An activity de2 scribed in this subsection is a nuclear activity in or 

3 with Iran with respect to which a waiver described 

4 in subsection (a) was issued in connection with the 

5 Joint Comprehensive Plan of Action, including the 

6 following: 

7 (A) The Arak reactor redesign. 

8 (B) The transfer into Iran of enriched ura9 nium for the Tehran Research Reactor. 

10 (C) The modification of 2 centrifuge cas11 cades at the Fordow facility for nonsensitive 

12 purposes. 

13 (3) JOINT COMPREHENSIVE PLAN OF ACTION

14 DEFINED.—In this section, the term ‘‘Joint Com15 prehensive Plan of Action’’ means the Joint Com16 prehensive Plan of Action signed at Vienna on July 

17 14, 2015, by Iran and by France, Germany, the 

18 Russian Federation, the People’s Republic of China, 

19 the United Kingdom, and the United States, and all 

20 implementing materials and agreements related to 

21 the Joint Comprehensive Plan of Action. 


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1 SEC. 106. AMENDMENTS TO THE COMPREHENSIVE IRAN 

2 SANCTIONS, ACCOUNTABILITY, AND DIVEST3 MENT ACT OF 2010. 

4 (a) AMENDMENTS TO CRITERIA FOR TERMI5 NATION.—Section 401 of the Comprehensive Iran Sanc6 tions, Accountability, and Divestment Act of 2010 is 

7 amended by adding at the end the following: 

8 ‘‘(d) ADDITIONAL MATTERS TO BE CERTIFIED.— 

9 The certification described in subsection (a) shall also in10 clude a certification that Iran has complied with each of 

11 the following: 

12 ‘‘(1) Declared to the International Atomic En13 ergy Agency a full account of the prior military di14 mensions of its nuclear program and permanently 

15 and verifiably abandons such work in perpetuity. 

16 ‘‘(2) Stopped enrichment of and never returns 

17 to plutonium reprocessing, including by closing its 

18 heavy water reactor. 

19 ‘‘(3) Provided the International Atomic Energy 

20 Agency with unqualified access to all sites through21 out the entire country. 

22 ‘‘(4) Ended its proliferation of ballistic missiles 

23 and halts further launching or development of nu24 clear-capable missile systems. 


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•HR 2718 IH

1 ‘‘(5) Released all United States citizens, as well 

2 as citizens of United States partners and allies, that 

3 are unjustly detained and held captive in Iran. 

4 ‘‘(6) Respected the sovereignty of the Govern5 ment of Iraq through no longer preventing, hin6 dering, or disrupting any efforts by that Government 

7 with regard to the disarming, demobilization and re8 integration of Iranian-backed militias in Iraq. 

9 ‘‘(7) Ended its military support for the Houthi 

10 militia (Ansarallah) and worked towards a peaceful, 

11 political settlement in Yemen. 

12 ‘‘(8) Withdrawn all forces under Iran’s com13 mand throughout the entirety of Syria. 

14 ‘‘(9) Ended support for the Taliban and other 

15 terrorists in Afghanistan and the region and ceased 

16 to harbor senior al-Qaeda leaders. 

17 ‘‘(10) Ended the Islamic Revolutionary Guard 

18 Corps’ Quds Force’s support for terrorists around 

19 the world. 

20 ‘‘(11) Ended its threatening behavior against 

21 its neighbors, including its threats to destroy Israel 

22 and its firing of missiles at Saudi Arabia and the 

23 United Arab Emirates, threats to international ship24 ping, and destructive cyberattacks. 


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1 ‘‘(12) Ceased violently attacking and killing 

2 peaceful protesters in Iran, and provided a full ac3 counting for the 1500 peaceful protesters reported 

4 to be killed in November 2019 when fired upon by 

5 Iranian security forces. 

6 ‘‘(e) TERMINATION OF WAIVER AUTHORITY.—The 

7 authority to issue a waiver under this section shall termi8 nate on the date that is 2 years after the date of the enact9 ment of this subsection.’’. 

10 (b) LISTING OF IRANIAN PERSONS FOR HUMAN

11 RIGHTS ABUSES COMMITTED IN OTHER COUNTRIES.— 

12 Section 105(b)(1) of the the Comprehensive Iran Sanc13 tions, Accountability, and Divestment Act of 2010 (22 

14 U.S.C. 8514) is amended by inserting ‘‘, or against the 

15 people of Iraq, Syria, Lebanon, Yemen, or Venezuela’’ be16 fore the period at the end. 

17 SEC. 107. CONGRESSIONAL REVIEW OF CERTAIN ACTIONS 

18 RELATING TO SANCTIONS IMPOSED WITH RE19 SPECT TO IRAN. 

20 (a) SUBMISSION TO CONGRESS OF PROPOSED AC21 TION.— 

22 (1) IN GENERAL.—Notwithstanding any other 

23 provision of law, before taking any action described 

24 in paragraph (2), the President shall submit to the 

25 appropriate congressional committees and leadership 


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1 a report that describes the proposed action and the 

2 reasons for that action. 

3 (2) ACTIONS DESCRIBED.— 

4 (A) IN GENERAL.—An action described in 

5 this paragraph is— 

6 (i) an action to terminate the applica7 tion of any sanctions described in subpara8 graph (B); 

9 (ii) with respect to sanctions described 

10 in subparagraph (B) imposed by the Presi11 dent with respect to a person, an action to 

12 waive the application of those sanctions 

13 with respect to that person; or 

14 (iii) a licensing action that signifi15 cantly alters United States foreign policy 

16 with respect to Iran. 

17 (B) SANCTIONS DESCRIBED.—The sanc18 tions described in this subparagraph are sanc19 tions with respect to Iran provided for under— 

20 (i) the Iran Sanctions Act of 1996 

21 (Public Law 104–172; 50 U.S.C. 1701 

22 note); 

23 (ii) the Comprehensive Iran Sanc24 tions, Accountability, and Divestment Act 

25 of 2010 (22 U.S.C. 8501 et seq.); 


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•HR 2718 IH

1 (iii) section 1245 of the National De2 fense Authorization Act for Fiscal Year 

3 2012 (22 U.S.C. 8513a); 

4 (iv) the Iran Threat Reduction and 

5 Syria Human Rights Act of 2012 (22 

6 U.S.C. 8701 et seq.); 

7 (v) the Iran Freedom and Counter8 Proliferation Act of 2012 (22 U.S.C. 8801 

9 et seq.); 

10 (vi) the International Emergency Eco11 nomic Powers Act (50 U.S.C. 1701 note); 

12 or 

13 (vii) any other statute or Executive 

14 order that requires or authorizes the impo15 sition of sanctions with respect to Iran. 

16 (3) DESCRIPTION OF TYPE OF ACTION.—Each 

17 report submitted under paragraph (1) with respect 

18 to an action described in paragraph (2) shall include 

19 a description of whether the action— 

20 (A) is not intended to significantly alter 

21 United States foreign policy with respect to 

22 Iran; or 

23 (B) is intended to significantly alter 

24 United States foreign policy with respect to 

25 Iran. 


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1 (4) INCLUSION OF ADDITIONAL MATTER.— 

2 (A) IN GENERAL.—Each report submitted 

3 under paragraph (1) that relates to an action 

4 that is intended to significantly alter United 

5 States foreign policy with respect to Iran shall 

6 include a description of— 

7 (i) the significant alteration to United 

8 States foreign policy with respect to Iran; 

9 (ii) the anticipated effect of the action 

10 on the national security interests of the 

11 United States; and 

12 (iii) the policy objectives for which the 

13 sanctions affected by the action were ini14 tially imposed. 

15 (B) REQUESTS FROM BANKING AND FI16 NANCIAL SERVICES COMMITTEES.—The Com17 mittee on Banking, Housing, and Urban Affairs 

18 of the Senate or the Committee on Financial 

19 Services of the House of Representatives may 

20 request the submission to the Committee of the 

21 matter described in clauses (ii) and (iii) of sub22 paragraph (A) with respect to a report sub23 mitted under paragraph (1) that relates to an 

24 action that is not intended to significantly alter 


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1 United States foreign policy with respect to 

2 Iran. 

3 (5) CONFIDENTIALITY OF PROPRIETARY INFOR4 MATION.—Proprietary information that can be asso5 ciated with a particular person with respect to an 

6 action described in paragraph (2) may be included 

7 in a report submitted under paragraph (1) only if 

8 the appropriate congressional committees and lead9 ership provide assurances of confidentiality, unless 

10 that person otherwise consents in writing to such 

11 disclosure. 

12 (6) RULE OF CONSTRUCTION.—Paragraph 

13 (2)(A)(iii) shall not be construed to require the sub14 mission of a report under paragraph (1) with respect 

15 to the routine issuance of a license that does not sig16 nificantly alter United States foreign policy with re17 spect to Iran. 

18 (b) PERIOD FOR REVIEW BY CONGRESS.— 

19 (1) IN GENERAL.—During the period of 30 cal20 endar days beginning on the date on which the 

21 President submits a report under subsection 

22 (a)(1)— 

23 (A) in the case of a report that relates to 

24 an action that is not intended to significantly 

25 alter United States foreign policy with respect 


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1 to Iran, the Committee on Banking, Housing, 

2 and Urban Affairs of the Senate and the Com3 mittee on Financial Services of the House of 

4 Representatives should, as appropriate, hold 

5 hearings and briefings and otherwise obtain in6 formation in order to fully review the report; 

7 and 

8 (B) in the case of a report that relates to 

9 an action that is intended to significantly alter 

10 United States foreign policy with respect to 

11 Iran, the Committee on Foreign Relations of 

12 the Senate and the Committee on Foreign Af13 fairs of the House of Representatives should, as 

14 appropriate, hold hearings and briefings and 

15 otherwise obtain information in order to fully 

16 review the report. 

17 (2) EXCEPTION.—The period for congressional 

18 review under paragraph (1) of a report required to 

19 be submitted under subsection (a)(1) shall be 60 cal20 endar days if the report is submitted on or after 

21 July 10 and on or before September 7 in any cal22 endar year. 

23 (3) LIMITATION ON ACTIONS DURING INITIAL

24 CONGRESSIONAL REVIEW PERIOD.—Notwithstanding 

25 any other provision of law, during the period for 


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•HR 2718 IH

1 congressional review provided for under paragraph 

2 (1) of a report submitted under subsection (a)(1) 

3 proposing an action described in subsection (a)(2), 

4 including any additional period for such review as 

5 applicable under the exception provided in paragraph 

6 (2), the President may not take that action unless 

7 a joint resolution of approval with respect to that ac8 tion is enacted in accordance with subsection (c). 

9 (4) LIMITATION ON ACTIONS DURING PRESI10 DENTIAL CONSIDERATION OF A JOINT RESOLUTION

11 OF DISAPPROVAL.—Notwithstanding any other pro12 vision of law, if a joint resolution of disapproval re13 lating to a report submitted under subsection (a)(1) 

14 proposing an action described in subsection (a)(2) 

15 passes both Houses of Congress in accordance with 

16 subsection (c), the President may not take that ac17 tion for a period of 12 calendar days after the date 

18 of passage of the joint resolution of disapproval. 

19 (5) LIMITATION ON ACTIONS DURING CONGRES20 SIONAL RECONSIDERATION OF A JOINT RESOLUTION

21 OF DISAPPROVAL.—Notwithstanding any other pro22 vision of law, if a joint resolution of disapproval re23 lating to a report submitted under subsection (a)(1) 

24 proposing an action described in subsection (a)(2) 

25 passes both Houses of Congress in accordance with 


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•HR 2718 IH

1 subsection (c), and the President vetoes the joint 

2 resolution, the President may not take that action 

3 for a period of 10 calendar days after the date of 

4 the President’s veto. 

5 (6) EFFECT OF ENACTMENT OF A JOINT RESO6 LUTION OF DISAPPROVAL.—Notwithstanding any 

7 other provision of law, if a joint resolution of dis8 approval relating to a report submitted under sub9 section (a)(1) proposing an action described in sub10 section (a)(2) is enacted in accordance with sub11 section (c), the President may not take that action. 

12 (c) JOINT RESOLUTIONS OF DISAPPROVAL OR AP13 PROVAL.— 

14 (1) DEFINITIONS.—In this subsection: 

15 (A) JOINT RESOLUTION OF APPROVAL.— 

16 The term ‘‘joint resolution of approval’’ means 

17 only a joint resolution of either House of Con18 gress— 

19 (i) the title of which is as follows: ‘‘A 

20 joint resolution approving the President’s 

21 proposal to take an action relating to the 

22 application of certain sanctions with re23 spect to Iran.’’; and 

24 (ii) the sole matter after the resolving 

25 clause of which is the following: ‘‘Congress 


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•HR 2718 IH

1 approves of the action relating to the appli2 cation of sanctions imposed with respect to 

3 Iran proposed by the President in the re4 port submitted to Congress under section 

5 2(a)(1) of the Iran Sanctions Relief Review 

6 Act of 2021 on lllllll relating 

7 to llllllll.’’, with the first 

8 blank space being filled with the appro9 priate date and the second blank space 

10 being filled with a short description of the 

11 proposed action. 

12 (B) JOINT RESOLUTION OF DIS13 APPROVAL.—The term ‘‘joint resolution of dis14 approval’’ means only a joint resolution of ei15 ther House of Congress— 

16 (i) the title of which is as follows: ‘‘A 

17 joint resolution disapproving the Presi18 dent’s proposal to take an action relating 

19 to the application of certain sanctions with 

20 respect to Iran.’’; and 

21 (ii) the sole matter after the resolving 

22 clause of which is the following: ‘‘Congress 

23 disapproves of the action relating to the 

24 application of sanctions imposed with re25 spect to Iran proposed by the President in 


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•HR 2718 IH

1 the report submitted to Congress under 

2 section 2(a)(1) of the Iran Sanctions Relief 

3 Review Act of 2021 on lllllll 

4 relating to llllllll.’’, with the 

5 first blank space being filled with the ap6 propriate date and the second blank space 

7 being filled with a short description of the 

8 proposed action. 

9 (2) INTRODUCTION.—During the period of 30 

10 calendar days provided for under subsection (b)(1), 

11 including any additional period as applicable under 

12 the exception provided in subsection (b)(2), a joint 

13 resolution of approval or joint resolution of dis14 approval may be introduced— 

15 (A) in the House of Representatives, by 

16 the majority leader or the minority leader; and 

17 (B) in the Senate, by the majority leader 

18 (or the majority leader’s designee) or the mi19 nority leader (or the minority leader’s des20 ignee). 

21 (3) FLOOR CONSIDERATION IN HOUSE OF REP22 RESENTATIVES.—If a committee of the House of 

23 Representatives to which a joint resolution of ap24 proval or joint resolution of disapproval has been re25 ferred has not reported the joint resolution within 


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•HR 2718 IH

1 10 calendar days after the date of referral, that 

2 committee shall be discharged from further consider3 ation of the joint resolution. 

4 (4) CONSIDERATION IN THE SENATE.— 

5 (A) COMMITTEE REFERRAL.—A joint reso6 lution of approval or joint resolution of dis7 approval introduced in the Senate shall be— 

8 (i) referred to the Committee on 

9 Banking, Housing, and Urban Affairs if 

10 the joint resolution relates to a report 

11 under subsection (a)(3)(A) that relates to 

12 an action that is not intended to signifi13 cantly alter United States foreign policy 

14 with respect to Iran; and 

15 (ii) referred to the Committee on For16 eign Relations if the joint resolution relates 

17 to a report under subsection (a)(3)(B) that 

18 relates to an action that is intended to sig19 nificantly alter United States foreign policy 

20 with respect to Iran. 

21 (B) REPORTING AND DISCHARGE.—If the 

22 committee to which a joint resolution of ap23 proval or joint resolution of disapproval was re24 ferred has not reported the joint resolution 

25 within 10 calendar days after the date of referVerDate Sep 11 2014 23:54 Jul 16, 2021 Jkt 019200 PO 00000 Frm 00044 Fmt 6652 Sfmt 6201 E:\BILLS\H2718.IH H2718

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•HR 2718 IH

1 ral of the joint resolution, that committee shall 

2 be discharged from further consideration of the 

3 joint resolution and the joint resolution shall be 

4 placed on the appropriate calendar. 

5 (C) PROCEEDING TO CONSIDERATION.— 

6 Notwithstanding Rule XXII of the Standing 

7 Rules of the Senate, it is in order at any time 

8 after the Committee on Banking, Housing, and 

9 Urban Affairs or the Committee on Foreign Re10 lations, as the case may be, reports a joint reso11 lution of approval or joint resolution of dis12 approval to the Senate or has been discharged 

13 from consideration of such a joint resolution 

14 (even though a previous motion to the same ef15 fect has been disagreed to) to move to proceed 

16 to the consideration of the joint resolution, and 

17 all points of order against the joint resolution 

18 (and against consideration of the joint resolu19 tion) are waived. The motion to proceed is not 

20 debatable. The motion is not subject to a mo21 tion to postpone. A motion to reconsider the 

22 vote by which the motion is agreed to or dis23 agreed to shall not be in order. 

24 (D) RULINGS OF THE CHAIR ON PROCE25 DURE.—Appeals from the decisions of the Chair 


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•HR 2718 IH

1 relating to the application of the rules of the 

2 Senate, as the case may be, to the procedure re3 lating to a joint resolution of approval or joint 

4 resolution of disapproval shall be decided with5 out debate. 

6 (E) CONSIDERATION OF VETO MES7 SAGES.—Debate in the Senate of any veto mes8 sage with respect to a joint resolution of ap9 proval or joint resolution of disapproval, includ10 ing all debatable motions and appeals in con11 nection with the joint resolution, shall be lim12 ited to 10 hours, to be equally divided between, 

13 and controlled by, the majority leader and the 

14 minority leader or their designees. 

15 (5) RULES RELATING TO SENATE AND HOUSE

16 OF REPRESENTATIVES.— 

17 (A) TREATMENT OF SENATE JOINT RESO18 LUTION IN HOUSE.—In the House of Rep19 resentatives, the following procedures shall 

20 apply to a joint resolution of approval or a joint 

21 resolution of disapproval received from the Sen22 ate (unless the House has already passed a 

23 joint resolution relating to the same proposed 

24 action): 


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1 (i) The joint resolution shall be re2 ferred to the appropriate committees. 

3 (ii) If a committee to which a joint 

4 resolution has been referred has not re5 ported the joint resolution within 2 cal6 endar days after the date of referral, that 

7 committee shall be discharged from further 

8 consideration of the joint resolution. 

9 (iii) Beginning on the third legislative 

10 day after each committee to which a joint 

11 resolution has been referred reports the 

12 joint resolution to the House or has been 

13 discharged from further consideration 

14 thereof, it shall be in order to move to pro15 ceed to consider the joint resolution in the 

16 House. All points of order against the mo17 tion are waived. Such a motion shall not be 

18 in order after the House has disposed of a 

19 motion to proceed on the joint resolution. 

20 The previous question shall be considered 

21 as ordered on the motion to its adoption 

22 without intervening motion. The motion 

23 shall not be debatable. A motion to recon24 sider the vote by which the motion is dis25 posed of shall not be in order. 


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1 (iv) The joint resolution shall be con2 sidered as read. All points of order against 

3 the joint resolution and against its consid4 eration are waived. The previous question 

5 shall be considered as ordered on the joint 

6 resolution to final passage without inter7 vening motion except 2 hours of debate 

8 equally divided and controlled by the spon9 sor of the joint resolution (or a designee) 

10 and an opponent. A motion to reconsider 

11 the vote on passage of the joint resolution 

12 shall not be in order. 

13 (B) TREATMENT OF HOUSE JOINT RESO14 LUTION IN SENATE.— 

15 (i) RECEIPT BEFORE PASSAGE.—If, 

16 before the passage by the Senate of a joint 

17 resolution of approval or joint resolution of 

18 disapproval, the Senate receives an iden19 tical joint resolution from the House of 

20 Representatives, the following procedures 

21 shall apply: 

22 (I) That joint resolution shall not 

23 be referred to a committee. 

24 (II) With respect to that joint 

25 resolution— 


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1 (aa) the procedure in the 

2 Senate shall be the same as if no 

3 joint resolution had been received 

4 from the House of Representa5 tives; but 

6 (bb) the vote on passage 

7 shall be on the joint resolution 

8 from the House of Representa9 tives. 

10 (ii) RECEIPT AFTER PASSAGE.—If, 

11 following passage of a joint resolution of 

12 approval or joint resolution of disapproval 

13 in the Senate, the Senate receives an iden14 tical joint resolution from the House of 

15 Representatives, that joint resolution shall 

16 be placed on the appropriate Senate cal17 endar. 

18 (iii) NO COMPANION MEASURE.—If a 

19 joint resolution of approval or a joint reso20 lution of disapproval is received from the 

21 House, and no companion joint resolution 

22 has been introduced in the Senate, the 

23 Senate procedures under this subsection 

24 shall apply to the House joint resolution. 


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1 (C) APPLICATION TO REVENUE MEAS2 URES.—The provisions of this paragraph shall 

3 not apply in the House of Representatives to a 

4 joint resolution of approval or joint resolution 

5 of disapproval that is a revenue measure. 

6 (6) RULES OF HOUSE OF REPRESENTATIVES

7 AND SENATE.—This subsection is enacted by Con8 gress— 

9 (A) as an exercise of the rulemaking power 

10 of the Senate and the House of Representa11 tives, respectively, and as such is deemed a part 

12 of the rules of each House, respectively, and su13 persedes other rules only to the extent that it 

14 is inconsistent with such rules; and 

15 (B) with full recognition of the constitu16 tional right of either House to change the rules 

17 (so far as relating to the procedure of that 

18 House) at any time, in the same manner, and 

19 to the same extent as in the case of any other 

20 rule of that House. 

21 (d) APPROPRIATE CONGRESSIONAL COMMITTEES

22 AND LEADERSHIP DEFINED.—In this section, the term 

23 ‘‘appropriate congressional committees and leadership’’ 

24 means— 


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1 (1) the Committee on Financial Services, the 

2 Committee on Foreign Affairs, and the Speaker, the 

3 majority leader, and the minority leader of the 

4 House of Representatives; and 

5 (2) the Committee on Banking, Housing, and 

6 Urban Affairs, the Committee on Foreign Relations, 

7 and the majority and minority leaders of the Senate. 

8 SEC. 108. CLARIFICATION OF GUIDANCE RELATING TO 

9 IRAN’S SHIPPING SECTOR. 

10 (a) IN GENERAL.—The President shall direct the Of11 fice of Foreign Asset Control of the Department of the 

12 Treasury to issue regulations and guidance expanding the 

13 list of services constituting ‘‘significant support’’ to the 

14 shipping sector of Iran to include— 

15 (1) port authorities; 

16 (2) importing agents; 

17 (3) management firms; 

18 (4) charterers; 

19 (5) operators; 

20 (6) marine insurers; 

21 (7) classification societies; and 

22 (8) all other maritime services providers. 

23 (b) ADDITIONAL UPDATE OF ADVISORY.—The Presi24 dent shall also direct the Secretary of State, the Secretary 

25 of the Treasury, and the Coast Guard to update the 


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1 ‘‘Sanctions Advisory for the Maritime Industry, Energy 

2 and Metals Sectors, and Related communities’’ issued on 

3 May 14, 2020, in accordance with the expanded definition 

4 of ‘‘significant support to the shipping sector’’ promul5 gated in accordance with subsection (a). 

6 SEC. 109. SUNSET OF WAIVER AND LICENSE AUTHORITIES. 

7 (a) IN GENERAL.—The President’s authority to issue 

8 waivers or licenses to sanctions pursuant to sections 203 

9 and 205 of the International Emergency Economic Powers 

10 Act of 1976 with regard to sanctions required or author11 ized by legislation or executive orders described in sub12 section (b), and any waivers or licenses issued pursuant 

13 to such legislation or executive orders, shall cease to apply 

14 2 years after the date of enactment of this Act. 

15 (b) SANCTIONS DESCRIBED.—The sanctions required 

16 or authorized by legislation and executive orders include 

17 the following: 

18 (1) This Act, and the amendments made by this 

19 Act. 

20 (2) The Iran Sanctions Act of 1996 (Public 

21 Law 104–172; 50 U.S.C. 1701 note). 

22 (3) The Comprehensive Iran Sanctions, Ac23 countability, and Divestment Act of 2010 (22 U.S.C. 

24 8501 et seq.). 


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1 (4) Section 1245 of the National Defense Au2 thorization Act for Fiscal Year 2012 (22 U.S.C. 

3 8513a). 

4 (5) The Iran Threat Reduction and Syria 

5 Human Rights Act of 2012 (22 U.S.C. 8701 et 

6 seq.). 

7 (6) The Iran Freedom and Counter-Prolifera8 tion Act of 2012 (22 U.S.C. 8801 et seq.). 

9 (7) The International Emergency Economic 

10 Powers Act (50 U.S.C. 1701 note). 

11 (8) Any other statute or Executive order that 

12 requires or authorizes the imposition of sanctions 

13 with respect to Iran. 

14 SEC. 110. CODIFICATION AND APPLICATION ON TRANSFERS 

15 OF FUNDS INVOLVING IRAN. 

16 (a) CODIFICATION AND PROHIBITION OF TRANSFERS

17 OF FUNDS INVOLVING IRAN.— 

18 (1) CODIFICATION OF REGULATIONS.—Notwith19 standing sections 203 and 205 of the International 

20 Emergency Economic Powers Act (50 U.S.C. 1702 

21 and 1704), section 560.516 of title 31, Code of Fed22 eral Regulations, as in effect on January 1, 2021, 

23 shall apply with respect to transfers of funds to or 

24 from Iran, or for the direct or indirect benefit of an 

25 Iranian person or the Government of Iran, for the 


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1 period beginning on or after such date of enactment 

2 and ending on the date on which the President 

3 makes the certification to Congress under section 8 

4 of the Iran Sanctions Act of 1996 (50 U.S.C. 1701 

5 note) as amended by this Act. 

6 (2) ADDITIONAL PROHIBITION.—Notwith7 standing section 302 of this Act or sections 203 and 

8 205 of the International Emergency Economic Pow9 ers Act (50 U.S.C. 1702 and 1704)— 

10 (A) the regulations prohibiting the debiting 

11 or crediting of an Iranian account in section 

12 560.516 of title 31, Code of Federal Regula13 tions, as in effect on January 1, 2021, and 

14 codified in paragraph (1) shall apply to foreign 

15 financial institutions if the transaction or trans16 actions is conducted in the legal tender of the 

17 United States; and 

18 (B) United States financial institutions 

19 shall be prohibited from engaging in a signifi20 cant transaction or transactions, including pur21 chasing or selling foreign exchange with large22 value payment systems, with a foreign financial 

23 institution that violates the regulations and pro24 hibitions described in subparagraph (A). 


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1 (3) RULE OF CONSTRUCTION.—With the excep2 tion of paragraph (4), the President may not issue 

3 a license to permit a transaction or transactions 

4 under this subsection. 

5 (4) SUSPENSION.—The President may suspend 

6 the prohibition in paragraph (2) for a period not to 

7 exceed 180 days, and may renew the suspension for 

8 additional periods of not more than 180 days, on 

9 and after the date on which the President provides 

10 to the appropriate congressional committees the cer11 tification required in section 8 of the Iran Sanctions 

12 Act of 1996 (50 U.S.C. 1701 note) as amended by 

13 this Act. 

14 SEC. 111. APPLICABILITY OF CONGRESSIONAL REVIEW OF 

15 CERTAIN AGENCY RULEMAKING RELATING 

16 TO IRAN. 

17 (a) IN GENERAL.—Notwithstanding any other provi18 sion of law, any rule to amend or otherwise alter a covered 

19 regulatory provision as defined in subsection (c) that is 

20 published on or after the date of the enactment of this 

21 Act shall be deemed to be a rule or major rule (as the 

22 case may be) for purposes of chapter 8 of title 5, United 

23 States Code, and shall be subject to all applicable require24 ments of chapter 8 of title 5, United States Code. 


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1 (b) QUARTERLY REPORTS.—Not later than 60 days 

2 after the date of the enactment of this Act, and every 90 

3 days thereafter, the head of the applicable department or 

4 agency of the Federal Government shall submit to the ap5 propriate congressional committees a report on the oper6 ation of the licensing system under each covered regu7 latory provision as defined in subsection (c) for the pre8 ceding 2-year period, including— 

9 (1) the number and types of licenses applied 

10 for; 

11 (2) the number and types of licenses approved; 

12 (3) a summary of each license approved; 

13 (4) a summary of transactions conducted pur14 suant to a general license; 

15 (5) the average amount of time elapsed from 

16 the date of filing of a license application until the 

17 date of its approval; 

18 (6) the extent to which the licensing procedures 

19 were effectively implemented; and 

20 (7) a description of comments received from in21 terested parties about the extent to which the licens22 ing procedures were effective, after the applicable 

23 department or agency holds a public 30-day com24 ment period. 


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1 (c) DEFINITION.—In this section, the term ‘‘covered 

2 regulatory provision’’ means any provision of part 535, 

3 560, 561, or 1060 of title 31, Code of Federal Regula4 tions, and in EAR 742 and 746 related to Iran, as such 

5 parts were in effect on the date of enactment of this Act. 

6 SEC. 112. STRICT LIABILITY OF PARENT COMPANIES AND 

7 FOREIGN SUBSIDIARIES FOR VIOLATIONS OF 

8 FOREIGN CORRUPT PRACTICES ACT OF 1977. 

9 Section 218 of the Iran Threat Reduction and Syria 

10 Human Rights Act of 2012 (22 U.S.C. 8725) is amended 

11 by adding at the end the following: 

12 ‘‘(e) STRICT LIABILITY OF PARENT COMPANIES AND

13 FOREIGN SUBSIDIARIES FOR VIOLATIONS OF FOREIGN

14 CORRUPT PRACTICES ACT OF 1977.—The President shall 

15 prohibit a United States person or an entity owned, con16 trolled, or beneficially owned by a United States person 

17 and established or maintained outside the United States 

18 from engaging in any transaction directly or indirectly 

19 with the Government of Iran or any person subject to the 

20 jurisdiction of the Government of Iran that is authorized 

21 pursuant to a general license under part 560 of title 31, 

22 Code of Federal Regulations if the transaction were en23 gaged in by a United States person or in the United States 

24 and would violate any provision of the Foreign Corrupt 

25 Practices Act of 1977.’’. 


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1 SEC. 113. EXPANSION OF SANCTIONS WITH RESPECT TO EF2 FORTS BY IRAN TO ACQUIRE BALLISTIC MIS3 SILE AND RELATED TECHNOLOGY. 

4 (a) CERTAIN PERSONS.—Section 1604(a) of the 

5 Iran-Iraq Arms Non-Proliferation Act of 1992 (Public 

6 Law 102–484; 50 U.S.C. 1701 note) is amended by insert7 ing ‘‘, to acquire ballistic missile or related technology,’’ 

8 after ‘‘nuclear weapons’’. 

9 (b) FOREIGN COUNTRIES.—Section 1605(a) of the 

10 Iran-Iraq Arms Non-Proliferation Act of 1992 (Public 

11 Law 102–484; 50 U.S.C. 1701 note) is amended, in the 

12 matter preceding paragraph (1), by inserting ‘‘, to acquire 

13 ballistic missile or related technology,’’ after ‘‘nuclear 

14 weapons’’. 

15 SEC. 114. EXPANSION OF SANCTIONS UNDER IRAN SANC16 TIONS ACT OF 1996 WITH RESPECT TO PER17 SONS THAT ACQUIRE OR DEVELOP BAL18 LISTIC MISSILES. 

19 Section 5(b)(1)(B) of the Iran Sanctions Act of 1996 

20 (Public Law 104–172; 50 U.S.C. 1701 note) is amend21 ed— 

22 (1) in clause (i), by striking ‘‘would likely’’ and 

23 inserting ‘‘may’’; and 

24 (2) in clause (ii)— 

25 (A) in subclause (I), by striking ‘‘; or’’ and 

26 inserting a semicolon; 


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1 (B) by redesignating subclause (II) as sub2 clause (III); and 

3 (C) by inserting after subclause (I) the fol4 lowing: 

5 ‘‘(II) acquire or develop ballistic missiles 

6 and the capability to launch ballistic missiles; 

7 or’’. 

8 SEC. 115. IMPOSITION OF SANCTIONS WITH RESPECT TO 

9 BALLISTIC MISSILE PROGRAM OF IRAN. 

10 (a) IN GENERAL.—Title II of the Iran Threat Reduc11 tion and Syria Human Rights Act of 2012 (22 U.S.C. 

12 8721 et seq.) is amended by adding at the end the fol13 lowing: 

14 ‘‘Subtitle C—Measures Relating To 

15 Ballistic Missile Program Of Iran 

16 ‘‘SEC. 231. DEFINITIONS. 

17 ‘‘(a) IN GENERAL.—In this subtitle: 

18 ‘‘(1) AGRICULTURAL COMMODITY.—The term 

19 ‘agricultural commodity’ has the meaning given that 

20 term in section 102 of the Agricultural Trade Act of 

21 1978 (7 U.S.C. 5602). 

22 ‘‘(2) APPROPRIATE CONGRESSIONAL COMMIT23 TEES.—The term ‘appropriate congressional com24 mittees’ means the committees specified in section 


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1 14(2) of the Iran Sanctions Act of 1996 (Public 

2 Law 104–172; 50 U.S.C. 1701 note). 

3 ‘‘(3) CORRESPONDENT ACCOUNT; PAYABLE4 THROUGH ACCOUNT.—The terms ‘correspondent ac5 count’ and ‘payable-through account’ have the mean6 ings given those terms in section 5318A of title 31, 

7 United States Code. 

8 ‘‘(4) FOREIGN FINANCIAL INSTITUTION.—The 

9 term ‘foreign financial institution’ has the meaning 

10 of that term as determined by the Secretary of the 

11 Treasury pursuant to section 104(i) of the Com12 prehensive Iran Sanctions, Accountability, and Di13 vestment Act of 2010 (22 U.S.C. 8513(i)). 

14 ‘‘(5) GOVERNMENT.—The term ‘Government’, 

15 with respect to a foreign country, includes any agen16 cies or instrumentalities of that Government and any 

17 entities controlled by that Government. 

18 ‘‘(6) MEDICAL DEVICE.—The term ‘medical de19 vice’ has the meaning given the term ‘device’ in sec20 tion 201 of the Federal Food, Drug, and Cosmetic 

21 Act (21 U.S.C. 321). 

22 ‘‘(7) MEDICINE.—The term ‘medicine’ has the 

23 meaning given the term ‘drug’ in section 201 of the 

24 Federal Food, Drug, and Cosmetic Act (21 U.S.C. 

25 321). 


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1 ‘‘(b) DETERMINATIONS OF SIGNIFICANCE.—For pur2 poses of this subtitle, in determining if financial trans3 actions or financial services are significant, the President 

4 may consider the totality of the facts and circumstances, 

5 including factors similar to the factors set forth in section 

6 561.404 of title 31, Code of Federal Regulations (or any 

7 corresponding similar regulation or ruling). 

8 ‘‘SEC. 232. IMPOSITION OF SANCTIONS WITH RESPECT TO 

9 PERSONS THAT SUPPORT THE BALLISTIC 

10 MISSILE PROGRAM OF IRAN. 

11 ‘‘(a) IDENTIFICATION OF PERSONS.— 

12 ‘‘(1) IN GENERAL.—Not later than 120 days 

13 after the date of the enactment of the Maximum 

14 Pressure Act, and not less frequently than once 

15 every 180 days thereafter, the President shall sub16 mit to the appropriate congressional committees a 

17 report identifying persons that have provided mate18 rial support to the Government of Iran in the devel19 opment of the ballistic missile program of Iran. 

20 ‘‘(2) ELEMENTS.—Each report required by 

21 paragraph (1) shall include the following: 

22 ‘‘(A) An identification of persons 

23 (disaggregated by Iranian and non-Iranian per24 sons) with respect to which there is credible evi25 dence that such persons have provided material 


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1 support to the Government of Iran in the devel2 opment of the ballistic missile program of Iran, 

3 including persons that have— 

4 ‘‘(i) engaged in the direct or indirect 

5 provision of material support to such pro6 gram; 

7 ‘‘(ii) facilitated, supported, or engaged 

8 in activities to further the development of 

9 such program; 

10 ‘‘(iii) transmitted information relating 

11 to ballistic missiles to the Government of 

12 Iran; or 

13 ‘‘(iv) otherwise aided such program. 

14 ‘‘(B) A description of the character and 

15 significance of the cooperation of each person 

16 identified under subparagraph (A) with the 

17 Government of Iran with respect to such pro18 gram. 

19 ‘‘(C) An assessment of the cooperation of 

20 the Government of the Democratic People’s Re21 public of Korea with the Government of Iran 

22 with respect to such program. 

23 ‘‘(3) CLASSIFIED ANNEX.—Each report re24 quired by paragraph (1) shall be submitted in un25 classified form, but may contain a classified annex. 


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1 ‘‘(b) BLOCKING OF PROPERTY.—Not later than 15 

2 days after submitting a report required by subsection 

3 (a)(1), the President shall, in accordance with the Inter4 national Emergency Economic Powers Act (50 U.S.C. 

5 1701 et seq.), block and prohibit all transactions in all 

6 property and interests in property of any person specified 

7 in such report that engages in activities described in sub8 section (a) if such property and interests in property are 

9 in the United States, come within the United States, or 

10 are or come within the possession or control of a United 

11 States person. 

12 ‘‘(c) EXCLUSION FROM UNITED STATES.— 

13 ‘‘(1) IN GENERAL.—Except as provided in para14 graph (2), the Secretary of State shall deny a visa 

15 to, and the Secretary of Homeland Security shall ex16 clude from the United States, any alien subject to 

17 blocking of property and interests in property under 

18 subsection (b). 

19 ‘‘(2) COMPLIANCE WITH UNITED NATIONS

20 HEADQUARTERS AGREEMENT.—Paragraph (1) shall 

21 not apply to the head of state of Iran, or necessary 

22 staff of that head of state, if admission to the 

23 United States is necessary to permit the United 

24 States to comply with the Agreement regarding the 

25 Headquarters of the United Nations, signed at Lake 


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1 Success June 26, 1947, and entered into force No2 vember 21, 1947, between the United Nations and 

3 the United States. 

4 ‘‘(d) FACILITATION OF CERTAIN TRANSACTIONS.— 

5 The President shall prohibit the opening, and prohibit or 

6 impose strict conditions on the maintaining, in the United 

7 States of a correspondent account or a payable-through 

8 account by a foreign financial institution that the Presi9 dent determines knowingly, on or after the date that is 

10 180 days after the date of the enactment of the Maximum 

11 Pressure Act, conducts or facilitates a significant financial 

12 transaction for a person subject to blocking of property 

13 and interests in property under subsection (b). 

14 ‘‘SEC. 233. BLOCKING OF PROPERTY OF PERSONS AFFILI15 ATED WITH CERTAIN IRANIAN ENTITIES. 

16 ‘‘(a) BLOCKING OF PROPERTY.— 

17 ‘‘(1) IN GENERAL.—The President shall, in ac18 cordance with the International Emergency Eco19 nomic Powers Act (50 U.S.C. 1701 et seq.), block 

20 and prohibit all transactions in all property and in21 terests in property of any person described in para22 graph (2) if such property and interests in property 

23 are in the United States, come within the United 

24 States, or are or come within the possession or con25 trol of a United States person. 


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1 ‘‘(2) PERSONS DESCRIBED.—A person de2 scribed in this paragraph is— 

3 ‘‘(A) an entity that is owned or con4 trolled— 

5 ‘‘(i) by the Aerospace Industries Or6 ganization, the Shahid Hemmat Industrial 

7 Group, the Shahid Bakeri Industrial 

8 Group, or any agent or affiliate of such or9 ganization or group; or 

10 ‘‘(ii) collectively by a group of individ11 uals that hold an interest in the Aerospace 

12 Industries Organization, the Shahid 

13 Hemmat Industrial Group, the Shahid 

14 Bakeri Industrial Group, or any agent or 

15 affiliate of such organization or group, 

16 even if none of those individuals hold a 25 

17 percent or greater interest in the entity; or 

18 ‘‘(B) a person that owns or controls an en19 tity described in subparagraph (A). 

20 ‘‘(b) FACILITATION OF CERTAIN TRANSACTIONS.— 

21 The President shall prohibit the opening, and prohibit or 

22 impose strict conditions on the maintaining, in the United 

23 States of a correspondent account or a payable-through 

24 account by a foreign financial institution that the Presi25 dent determines knowingly, on or after the date that is 


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1 180 days after the date of the enactment of the Maximum 

2 Pressure Act, conducts or facilitates a significant financial 

3 transaction for a person subject to blocking of property 

4 and interests in property under subsection (a). 

5 ‘‘(c) IRAN MISSILE PROLIFERATION WATCH LIST.— 

6 ‘‘(1) IN GENERAL.—Not later than 90 days 

7 after the date of the enactment of the Maximum 

8 Pressure Act, and not less frequently than annually 

9 thereafter, the Secretary of the Treasury shall sub10 mit to the appropriate congressional committees and 

11 publish in the Federal Register a list of— 

12 ‘‘(A) each entity in which the Aerospace 

13 Industries Organization, the Shahid Hemmat 

14 Industrial Group, the Shahid Bakeri Industrial 

15 Group, or any agent or affiliate of such organi16 zation or group has an ownership interest of 

17 more than 0 percent and less than 25 percent; 

18 ‘‘(B) each entity in which the Aerospace 

19 Industries Organization, the Shahid Hemmat 

20 Industrial Group, the Shahid Bakeri Industrial 

21 Group, or any agent or affiliate of such organi22 zation or group does not have an ownership in23 terest but maintains a presence on the board of 

24 directors of the entity or otherwise influences 


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1 the actions, policies, or personnel decisions of 

2 the entity; and 

3 ‘‘(C) each person that owns or controls an 

4 entity described in subparagraph (A) or (B). 

5 ‘‘(2) REFERENCE.—The list required by para6 graph (1) may be referred to as the ‘Iran Missile 

7 Proliferation Watch List’. 

8 ‘‘(d) COMPTROLLER GENERAL REPORT.— 

9 ‘‘(1) IN GENERAL.—The Comptroller General of 

10 the United States shall— 

11 ‘‘(A) conduct a review of each list required 

12 by subsection (c)(1); and 

13 ‘‘(B) not later than 180 days after each 

14 such list is submitted to the appropriate con15 gressional committees under that subsection, 

16 submit to the appropriate congressional com17 mittees a report on the review conducted under 

18 subparagraph (A) that includes a list of persons 

19 not included in that list that qualify for inclu20 sion in that list, as determined by the Comp21 troller General. 

22 ‘‘(2) CONSULTATIONS.—In preparing the report 

23 required by paragraph (1)(B), the Comptroller Gen24 eral shall consult with nongovernmental organiza25 tions. 


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1 ‘‘SEC. 234. IMPOSITION OF SANCTIONS WITH RESPECT TO 

2 CERTAIN PERSONS INVOLVED IN BALLISTIC 

3 MISSILE ACTIVITIES. 

4 ‘‘(a) CERTIFICATION.—Not later than 120 days after 

5 the date of the enactment of the Maximum Pressure Act, 

6 and not less frequently than once every 180 days there7 after, the President shall submit to the appropriate con8 gressional committees a certification that each person list9 ed in an annex of United Nations Security Council Resolu10 tion 1737 (2006), 1747 (2007), or 1929 (2010) is not di11 rectly or indirectly facilitating, supporting, or involved 

12 with the development of or transfer to Iran of ballistic mis13 siles or technology, parts, components, or technology infor14 mation relating to ballistic missiles. 

15 ‘‘(b) BLOCKING OF PROPERTY.—If the President is 

16 unable to make a certification under subsection (a) with 

17 respect to a person and the person is not currently subject 

18 to sanctions with respect to Iran under any other provision 

19 of law, the President shall, not later than 15 days after 

20 that certification would have been required under that 

21 subsection— 

22 ‘‘(1) in accordance with the International 

23 Emergency Economic Powers Act (50 U.S.C. 1701 

24 et seq.), block and prohibit all transactions in all 

25 property and interests in property of that person if 

26 such property and interests in property are in the 


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1 United States, come within the United States, or are 

2 or come within the possession or control of a United 

3 States person; and 

4 ‘‘(2) publish in the Federal Register a report 

5 describing the reason why the President was unable 

6 to make a certification with respect to that person. 

7 ‘‘(c) EXCLUSION FROM UNITED STATES.— 

8 ‘‘(1) IN GENERAL.—Except as provided in para9 graph (2), the Secretary of State shall deny a visa 

10 to, and the Secretary of Homeland Security shall ex11 clude from the United States, any alien subject to 

12 blocking of property and interests in property under 

13 subsection (b). 

14 ‘‘(2) COMPLIANCE WITH UNITED NATIONS

15 HEADQUARTERS AGREEMENT.—Paragraph (1) shall 

16 not apply to the head of state of Iran, or necessary 

17 staff of that head of state, if admission to the 

18 United States is necessary to permit the United 

19 States to comply with the Agreement regarding the 

20 Headquarters of the United Nations, signed at Lake 

21 Success June 26, 1947, and entered into force No22 vember 21, 1947, between the United Nations and 

23 the United States. 

24 ‘‘(d) FACILITATION OF CERTAIN TRANSACTIONS.— 

25 The President shall prohibit the opening, and prohibit or 


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1 impose strict conditions on the maintaining, in the United 

2 States of a correspondent account or a payable-through 

3 account by a foreign financial institution that the Presi4 dent determines knowingly, on or after the date that is 

5 180 days after the date of the enactment of the Maximum 

6 Pressure Act, conducts or facilitates a significant financial 

7 transaction for a person subject to blocking of property 

8 and interests in property under subsection (b). 

9 ‘‘SEC. 235. IMPOSITION OF SANCTIONS WITH RESPECT TO 

10 CERTAIN SECTORS OF IRAN THAT SUPPORT 

11 THE BALLISTIC MISSILE PROGRAM OF IRAN. 

12 ‘‘(a) LIST OF SECTORS.— 

13 ‘‘(1) IN GENERAL.—Not later than 120 days 

14 after the date of the enactment of the Maximum 

15 Pressure Act, and not less frequently than once 

16 every 180 days thereafter, the President shall sub17 mit to the appropriate congressional committees and 

18 publish in the Federal Register a list of the sectors 

19 of the economy of Iran that are directly or indirectly 

20 facilitating, supporting, or involved with the develop21 ment of or transfer to Iran of ballistic missiles or 

22 technology, parts, components, or technology infor23 mation relating to ballistic missiles. 

24 ‘‘(2) CERTAIN SECTORS.— 


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1 ‘‘(A) IN GENERAL.—Not later than 120 

2 days after the date of enactment of the Max3 imum Pressure Act, the President shall submit 

4 to the appropriate congressional committees a 

5 determination as to whether each of the chem6 ical, computer science, construction, electronic, 

7 metallurgy, mining, research (including univer8 sities and research institutions), and tele9 communications sectors of Iran meet the cri10 teria specified in paragraph (1). 

11 ‘‘(B) INCLUSION IN INITIAL LIST.—If the 

12 President determines under subparagraph (A) 

13 that the sectors of the economy of Iran speci14 fied in such subparagraph meet the criteria 

15 specified in paragraph (1), that sector shall be 

16 included in the initial list submitted and pub17 lished under that paragraph. 

18 ‘‘(b) SANCTIONS WITH RESPECT TO SPECIFIED SEC19 TORS OF IRAN.— 

20 ‘‘(1) BLOCKING OF PROPERTY.—The President 

21 shall, in accordance with the International Emer22 gency Economic Powers Act (50 U.S.C. 1701 et 

23 seq.), block and prohibit all transactions in all prop24 erty and interests in property of any person de25 scribed in paragraph (4) if such property and interVerDate Sep 11 2014 23:54 Jul 16, 2021 Jkt 019200 PO 00000 Frm 00071 Fmt 6652 Sfmt 6201 E:\BILLS\H2718.IH H2718

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1 ests in property are in the United States, come with2 in the United States, or are or come within the pos3 session or control of a United States person. 

4 ‘‘(2) EXCLUSION FROM UNITED STATES.— 

5 ‘‘(A) IN GENERAL.—Except as provided in 

6 subparagraph (B), the Secretary of State shall 

7 deny a visa to, and the Secretary of Homeland 

8 Security shall exclude from the United States, 

9 any alien that is a person described in para10 graph (4). 

11 ‘‘(B) COMPLIANCE WITH UNITED NATIONS

12 HEADQUARTERS AGREEMENT.—Subparagraph 

13 (A) shall not apply to the head of state of Iran, 

14 or necessary staff of that head of state, if ad15 mission to the United States is necessary to 

16 permit the United States to comply with the 

17 Agreement regarding the Headquarters of the 

18 United Nations, signed at Lake Success June 

19 26, 1947, and entered into force November 21, 

20 1947, between the United Nations and the 

21 United States. 

22 ‘‘(3) FACILITATION OF CERTAIN TRANS23 ACTIONS.—Except as provided in this section, the 

24 President shall prohibit the opening, and prohibit or 

25 impose strict conditions on the maintaining, in the 


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1 United States of a correspondent account or a pay2 able-through account by a foreign financial institu3 tion that the President determines knowingly, on or 

4 after the date that is 180 days after the date of the 

5 enactment of the Maximum Pressure Act, conducts 

6 or facilitates a significant financial transaction for a 

7 person described in paragraph (4). 

8 ‘‘(4) PERSONS DESCRIBED.—A person is de9 scribed in this paragraph if the President determines 

10 that the person, on or after the date that is 180 

11 days after the date of the enactment of the Max12 imum Pressure Act— 

13 ‘‘(A) operates in a sector of the economy 

14 of Iran included in the most recent list pub15 lished by the President under subsection (a); 

16 ‘‘(B) knowingly provides significant finan17 cial, material, technological, or other support to, 

18 or goods or services in support of, any activity 

19 or transaction on behalf of or for the benefit of 

20 a person described in subparagraph (A); or 

21 ‘‘(C) is owned or controlled by a person de22 scribed in subparagraph (A). 

23 ‘‘(c) HUMANITARIAN EXCEPTION.—The President 

24 may not impose sanctions under this section with respect 

25 to any person for conducting or facilitating a transaction 


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1 for the sale of agricultural commodities, food, medicine, 

2 or medical devices to Iran or for the provision of humani3 tarian assistance to the people of Iran. 

4 ‘‘SEC. 236. IDENTIFICATION OF FOREIGN PERSONS THAT 

5 SUPPORT THE BALLISTIC MISSILE PROGRAM 

6 OF IRAN IN CERTAIN SECTORS OF IRAN. 

7 ‘‘(a) IN GENERAL.—Not later than 120 days after 

8 the date of the enactment of the Maximum Pressure Act, 

9 and not less frequently than annually thereafter, the 

10 President shall submit to the appropriate congressional 

11 committees and publish in the Federal Register a list of 

12 all foreign persons that have, based on credible informa13 tion, directly or indirectly facilitated, supported, or been 

14 involved with the development of ballistic missiles or tech15 nology, parts, components, or technology information re16 lated to ballistic missiles in the following sectors of the 

17 economy of Iran during the period specified in subsection 

18 (b): 

19 ‘‘(1) Chemical. 

20 ‘‘(2) Computer Science. 

21 ‘‘(3) Construction. 

22 ‘‘(4) Electronic. 

23 ‘‘(5) Metallurgy. 

24 ‘‘(6) Mining. 

25 ‘‘(7) Petrochemical. 


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1 ‘‘(8) Research (including universities and re2 search institutions). 

3 ‘‘(9) Telecommunications. 

4 ‘‘(10) Any other sector of the economy of Iran 

5 identified under section 235(a). 

6 ‘‘(b) PERIOD SPECIFIED.—The period specified in 

7 this subsection is— 

8 ‘‘(1) with respect to the first list submitted 

9 under subsection (a), the period beginning on the 

10 date of the enactment of the Maximum Pressure Act 

11 and ending on the date that is 120 days after such 

12 date of enactment; and 

13 ‘‘(2) with respect to each subsequent list sub14 mitted under such subsection, the one year period 

15 preceding the submission of the list. 

16 ‘‘(c) COMPTROLLER GENERAL REPORT.— 

17 ‘‘(1) IN GENERAL.—With respect to each list 

18 submitted under subsection (a), not later than 120 

19 days after the list is submitted under that sub20 section, the Comptroller General of the United 

21 States shall submit to the appropriate congressional 

22 committees— 

23 ‘‘(A) an assessment of the processes fol24 lowed by the President in preparing the list; 


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1 ‘‘(B) an assessment of the foreign persons 

2 included in the list; and 

3 ‘‘(C) a list of persons not included in the 

4 list that qualify for inclusion in the list, as de5 termined by the Comptroller General. 

6 ‘‘(2) CONSULTATIONS.—In preparing the report 

7 required by paragraph (1), the Comptroller General 

8 shall consult with nongovernmental organizations. 

9 ‘‘(d) CREDIBLE INFORMATION DEFINED.—In this 

10 section, the term ‘credible information’ has the meaning 

11 given that term in section 14 of the Iran Sanctions Act 

12 of 1996 (Public Law 104–172; 50 U.S.C. 1701 note).’’. 

13 SEC. 116. MANDATORY SANCTIONS WITH RESPECT TO FI14 NANCIAL INSTITUTIONS THAT ENGAGE IN 

15 CERTAIN TRANSACTIONS ON BEHALF OF 

16 PERSONS INVOLVED IN HUMAN RIGHTS 

17 ABUSES OR THAT EXPORT SENSITIVE TECH18 NOLOGY TO IRAN. 

19 (a) IN GENERAL.—Section 104(c)(2) of the Com20 prehensive Iran Sanctions, Accountability, and Divestment 

21 Act of 2010 (22 U.S.C. 8513(c)(2)) is amended— 

22 (1) in subparagraph (D), by striking ‘‘or’’ at 

23 the end; 

24 (2) in subparagraph (E), by striking the period 

25 at the end and inserting ‘‘; or’’; and 


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

2 ‘‘(F) facilitates a significant transaction or 

3 transactions or provides significant financial 

4 services for a person that is subject to sanctions 

5 under section 105(c), 105A(c), 105B(c), or 

6 105C(a);’’. 

7 (b) EFFECTIVE DATE.—The amendments made by 

8 subsection (a) take effect on the date of the enactment 

9 of this Act and apply with respect to any activity described 

10 in subparagraph (F) of section 104(c)(2) of the Com11 prehensive Iran Sanctions, Accountability, and Divestment 

12 Act of 2010, as added by subsection (a)(3), initiated on 

13 or after the date that is 90 days after such date of enact14 ment. 

15 (c) REGULATIONS.—Not later than 90 days after the 

16 date of the enactment of this Act, the Secretary of the 

17 Treasury shall prescribe regulations to carry out the 

18 amendments made by subsection (a). 


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1 SEC. 117. ADDITIONAL SANCTIONS WITH RESPECT TO FOR2 EIGN PERSONS THAT SUPPORT OR CONDUCT 

3 CERTAIN TRANSACTIONS WITH IRAN’S REVO4 LUTIONARY GUARD CORPS OR OTHER SANC5 TIONED PERSONS. 

6 (a) IDENTIFICATION.—Section 302(a)(1) of the Iran 

7 Threat Reduction and Syria Human Rights Act of 2012 

8 (22 U.S.C. 8742(a)(1)) is amended— 

9 (1) in the matter preceding subparagraph (A), 

10 by striking ‘‘Not later than 90 days after the date 

11 of the enactment of this Act, and every 180 days 

12 thereafter,’’ and inserting ‘‘Not later than 60 days 

13 after the date of the enactment of the Maximum 

14 Pressure Act, and every 60 days thereafter,’’; 

15 (2) in subparagraph (B), by inserting ‘‘, provide 

16 significant financial services to, or provide material 

17 support to’’ after ‘‘transactions with’’; and 

18 (3) in subparagraph (C)— 

19 (A) in the matter preceding clause (i), by 

20 inserting ‘‘, provide significant financial services 

21 to, or provide material support to’’ after ‘‘trans22 actions with’’; 

23 (B) in clause (i), by striking ‘‘or’’ at the 

24 end; 

25 (C) in clause (ii), by striking the period at 

26 the end and inserting a semicolon; and 


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1 (D) by inserting after clause (i) the fol2 lowing: 

3 ‘‘(iii) a person designated as a foreign 

4 terrorist organization under section 219(a) 

5 of the Immigration and Nationality Act (8 

6 U.S.C. 1189(a)) or that has provided sup7 port for an act of international terrorism 

8 (as defined in section 14 of the Iran Sanc9 tions Act of 1996 (Public Law 104–172; 

10 50 U.S.C. 1701 note)); or 

11 ‘‘(iv) a foreign person whose property 

12 and access to property has been blocked 

13 pursuant to Executive Order 13224 (Sep14 tember 23, 2001; relating to blocking prop15 erty and prohibiting transactions with per16 sons who commit, threaten to commit, or 

17 support terrorism).’’. 

18 (b) IMPOSITION OF SANCTIONS.—Section 302(b) of 

19 the Iran Threat Reduction and Syria Human Rights Act 

20 of 2012 (22 U.S.C. 8742(b)) is amended by striking ‘‘the 

21 President—’’ and all that follows and inserting ‘‘the Presi22 dent shall, in accordance with the International Emer23 gency Economic Powers Act (50 U.S.C. 1701 et seq.), 

24 block and prohibit all transactions in property and inter25 ests in property with respect to such foreign person if such 


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1 property and interests in property are in the United 

2 States, come within the United States, or are or come 

3 within the possession or control of a United States per4 son.’’. 

5 TITLE II—MATTERS RELATING 

6 TO THE FINANCING OF TER7 RORISM 

8 SEC. 201. PROHIBITIONS OF INTERNATIONAL MONETARY 

9 FUND ALLOCATIONS FOR IRAN. 

10 Section 6(b) of the Special Drawing Rights Act (22 

11 U.S.C. 286q(b)) is amended by adding at the end the fol12 lowing: 

13 ‘‘(3) Notwithstanding any other provision of 

14 law, no funds shall be appropriated to allocate Spe15 cial Drawing Rights under Article XVII, sections 2 

16 and 3, of the Articles of Agreement of the Fund to 

17 the Islamic Republic of Iran.’’. 

18 SEC. 202. CERTIFICATION REQUIREMENT FOR REMOVAL 

19 OF DESIGNATION OF IRAN AS A JURISDIC20 TION OF PRIMARY MONEY LAUNDERING CON21 CERN. 

22 (a) IN GENERAL.—The President may not rescind a 

23 final rule (as in effect on the day before the date of the 

24 enactment of this Act) that provides for the designation 

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1 cern pursuant to section 5318A of title 31, United States 

2 Code, unless the President submits to the appropriate con3 gressional committees a certification described in sub4 section (b) with respect to Iran. 

5 (b) CERTIFICATION.—The President may only re6 scind a preliminary draft rule or final rule described in 

7 subsection (a) if the President submits to the appropriate 

8 congressional committees the certification required in sec9 tion 8 of the Iran Sanctions Act of 1996 (50 U.S.C. 1701 

10 note) as amended by this Act. 

11 (c) FORM.—The certification described in subsection 

12 (b) shall be submitted in unclassified form, but may con13 tain a classified annex. 

14 (d) DEFINITION.—In this section, the term ‘‘appro15 priate congressional committees’’ means— 

16 (1) the Committee on Foreign Affairs and the 

17 Committee on Financial Services of the House of 

18 Representatives; and 

19 (2) the Committee on Banking, Housing, and 

20 Urban Affairs of the Senate. 

21 SEC. 203. REQUIREMENT TO TAKE SPECIAL MEASURES AT 

22 DOMESTIC FINANCIAL INSTITUTIONS. 

23 (a) IN GENERAL.—The Secretary of the Treasury 

24 shall require domestic financial institutions and domestic 

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1 ures described under section 5318A(b) of title 31, United 

2 States Code, with respect to a financial institution oper3 ating outside of the United States, if the Secretary deter4 mines that the financial institution operating outside of 

5 the United States knowingly conducts a significant trans6 action in connection with the Instrument in Support of 

7 Trade Exchanges, or any successor to such Instrument. 

8 (b) WAIVER.—During the 2-year period beginning on 

9 the date of the enactment of this Act, the President may, 

10 for periods not to exceed 180 days, waive the application 

11 of subsection (a) of this section with respect to a financial 

12 institution if the President certifies to the appropriate con13 gressional committees that such a waiver is in the national 

14 security interests of the United States. 

15 (c) DEFINITIONS.—In this section, the terms ‘‘do16 mestic financial institution’’, ‘‘domestic financial agency’’, 

17 and ‘‘financial institution’’ have the meaning given those 

18 terms, respectively, under section 5312 of title 31, United 

19 States Code. 


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1 SEC. 204. ADDITIONAL SANCTIONS WITH RESPECT TO FOR2 EIGN PERSONS THAT ARE OFFICIALS, 

3 AGENTS, OR AFFILIATES OF, OR OWNED OR 

4 CONTROLLED BY, IRAN’S REVOLUTIONARY 

5 GUARD CORPS. 

6 (a) IN GENERAL.—Section 301(a) of the Iran Threat 

7 Reduction and Syria Human Rights Act of 2012 (22 

8 U.S.C. 8741(a)) is amended— 

9 (1) in the matter preceding paragraph (1), by 

10 striking ‘‘Not later than 90 days after the date of 

11 the enactment of this Act, and as appropriate there12 after,’’ and inserting ‘‘Not later than 180 days after 

13 the date of the enactment of the Maximum Pressure 

14 Act, and every 180 days thereafter,’’; 

15 (2) in paragraph (1)— 

16 (A) by inserting ‘‘, or owned or controlled 

17 by,’’ after ‘‘affiliates of’’; and 

18 (B) by striking ‘‘and’’ at the end; 

19 (3) in paragraph (2), by striking the period at 

20 the end and inserting ‘‘; and’’; and 

21 (4) by adding at the end the following: 

22 ‘‘(3) identify foreign persons with respect to 

23 which there is a reasonable basis to determine that 

24 the foreign persons have, directly or indirectly, at25 tempted to conduct one or more sensitive trans26 actions or activities described in subsection (c) for or 


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1 on behalf of a foreign person described in paragraph 

2 (1).’’. 

3 (b) PRIORITY FOR INVESTIGATION; DETERMINATION

4 AND REPORT.—Section 301(b) of the Iran Threat Reduc5 tion and Syria Human Rights Act of 2012 (22 U.S.C. 

6 8741(b)) is amended to read as follows: 

7 ‘‘(b) PRIORITY FOR INVESTIGATION; DETERMINA8 TION AND REPORT.— 

9 ‘‘(1) PRIORITY FOR INVESTIGATION.—In identi10 fying foreign persons pursuant to subsection (a)(1) 

11 as officials, agents, or affiliates of Iran’s Revolu12 tionary Guard Corps, the President shall inves13 tigate— 

14 ‘‘(A) foreign persons or entities identified 

15 under section 560.304 of title 31, Code of Fed16 eral Regulations (relating to the definition of 

17 the Government of Iran); 

18 ‘‘(B) foreign persons for which there is a 

19 reasonable basis to find that the person has 

20 conducted or attempted to conduct one or more 

21 sensitive transactions or activities described in 

22 subsection (c); and 

23 ‘‘(C) foreign persons listed under the head24 ings ‘Attachment 3’ or ‘Attachment 4’ in Annex 


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1 A of United Nations Security Council Resolu2 tion 2231, adopted on July 20, 2015. 

3 ‘‘(2) DETERMINATION AND REPORT.— 

4 ‘‘(A) DETERMINATION.— 

5 ‘‘(i) IN GENERAL.—The President 

6 shall determine whether each foreign per7 son on the list described in clause (ii) is a 

8 foreign person that is owned or controlled 

9 by Iran’s Revolutionary Guard Corps. 

10 ‘‘(ii) LIST.—The list of foreign per11 sons described in this clause are the fol12 lowing: 

13 ‘‘(I) The Telecommunication 

14 Company of Iran. 

15 ‘‘(II) The Mobile Telecommuni16 cation Company of Iran (MTCI). 

17 ‘‘(III) The Calcimin Public Com18 pany. 

19 ‘‘(IV) The Iran Tractor Manufac20 turing Company of Iran. 

21 ‘‘(V) The Iran Zinc Mines Devel22 opment Company. 

23 ‘‘(VI) The National Iranian Lead 

24 and Zinc Company. 

25 ‘‘(VII) Ghadir Investment. 


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1 ‘‘(VIII) The Parsian Oil & Gas 

2 Development Company. 

3 ‘‘(IX) The Pardis Petrochemical 

4 Company. 

5 ‘‘(X) The Shiraz Petrochemical 

6 Company. 

7 ‘‘(XI) The Tabirz Oil Refinery. 

8 ‘‘(XII) Kermanshah Petro9 chemical Industries. 

10 ‘‘(B) REPORT.— 

11 ‘‘(i) IN GENERAL.—Not later than 90 

12 days after the date of the enactment of 

13 this subsection, and not later 1 year there14 after, the President shall submit to the ap15 propriate congressional committees a re16 port on the determinations made under 

17 subparagraph (A) together with the rea18 sons for those determinations. 

19 ‘‘(ii) FORM.—A report submitted 

20 under clause (i) shall be submitted in un21 classified form but may contain a classified 

22 annex.’’. 

23 (c) SENSITIVE TRANSACTIONS AND ACTIVITIES DE24 SCRIBED.—Section 301(c) of the Iran Threat Reduction 


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1 and Syria Human Rights Act of 2012 (22 U.S.C. 8741(c)) 

2 is amended— 

3 (1) in paragraph (1)— 

4 (A) by striking ‘‘$1,000,000’’ and inserting 

5 ‘‘$500,000’’; and 

6 (B) by inserting ‘‘Iranian financial institu7 tion or’’ after ‘‘involving a’’; 

8 (2) by redesignating paragraphs (3), (4), and 

9 (5) as paragraphs (6), (7), and (8), respectively; and 

10 (3) by inserting after paragraph (2) the fol11 lowing new paragraphs: 

12 ‘‘(3) a transaction to provide material support 

13 for an organization designated as a foreign terrorist 

14 organization under section 219(a) of the Immigra15 tion and Nationality Act (8 U.S.C. 1189(a)) or sup16 port for an act of international terrorism (as defined 

17 in section 14 of the Iran Sanctions Act of 1996 

18 (Public Law 104–172; 50 U.S.C. 1701 note)); 

19 ‘‘(4) a transaction to provide material support 

20 to a foreign person whose property and access to 

21 property has been blocked pursuant to Executive 

22 Order 13224 (September 23, 2001; relating to 

23 blocking property and prohibiting transactions with 

24 persons who commit, threaten to commit, or support 

25 terrorism); 


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1 ‘‘(5) a transaction to provide material support 

2 for the Government of Syria or any agency or in3 strumentality thereof;’’. 

4 (d) REGULATIONS, IMPLEMENTATION, PENALTIES, 

5 AND DEFINITIONS.—Section 301 of the Iran Threat Re6 duction and Syria Human Rights Act of 2012 (22 U.S.C. 

7 8741) is amended— 

8 (1) by redesignating subsection (f) as sub9 section (h); and 

10 (2) by inserting after subsection (e) the fol11 lowing new subsections: 

12 ‘‘(e) PENALTIES.—A person that violates, attempts 

13 to violate, conspires to violate, or causes a violation of sub14 section (a) or any regulation, license, or order issued to 

15 carry out subsection (a) shall be subject to the penalties 

16 set forth in subsections (b) and (c) of section 206 of the 

17 International Emergency Economic Powers Act (50 

18 U.S.C. 1705) to the same extent as a person that commits 

19 an unlawful act described in subsection (a) of that section. 

20 ‘‘(f) DEFINITIONS.—In this section: 

21 ‘‘(1) FOREIGN PERSON.—The term ‘foreign per22 son’ means— 

23 ‘‘(A) an individual who is not a United 

24 States person; 


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1 ‘‘(B) a corporation, partnership, or other 

2 nongovernmental entity which is not a United 

3 States person; or 

4 ‘‘(C) any representative, agent or instru5 mentality of, or an individual working on behalf 

6 of a foreign government. 

7 ‘‘(2) IRAN’S REVOLUTIONARY GUARD CORPS.— 

8 The term ‘Iran’s Revolutionary Guard Corps’ in9 cludes any senior foreign political figure (as defined 

10 in section 1010.605 of title 31, Code of Federal 

11 Regulations) of Iran’s Revolutionary Guard Corps. 

12 ‘‘(3) OWN OR CONTROL.—The term ‘own or 

13 control’ means, with respect to an entity— 

14 ‘‘(A) to hold more than 25 percent of the 

15 equity interest by vote or value in the entity; 

16 ‘‘(B) to hold a majority of seats on the 

17 board of directors of the entity; or 

18 ‘‘(C) to otherwise control the actions, poli19 cies, or personnel decisions of the entity. 

20 ‘‘(4) UNITED STATES PERSON.—The term 

21 ‘United States person’ means— 

22 ‘‘(A) a United States citizen or an alien 

23 lawfully admitted for permanent residence to 

24 the United States; or 


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1 ‘‘(B) an entity organized under the laws of 

2 the United States or of any jurisdiction within 

3 the United States, including a foreign branch of 

4 such an entity.’’. 

5 (e) CONFORMING AND CLERICAL AMENDMENTS.— 

6 The Iran Threat Reduction and Syria Human Rights Act 

7 of 2012 (22 U.S.C. 8701 et seq.) is amended— 

8 (1) by striking the heading of section 301 and 

9 inserting the following: 

10 ‘‘SEC. 301. IDENTIFICATION OF, AND IMPOSITION OF SANC11 TIONS WITH RESPECT TO, FOREIGN PERSONS 

12 THAT ARE OFFICIALS, AGENTS OR AFFILI13 ATES OF, OR OWNED OR CONTROLLED BY, 

14 IRAN’S REVOLUTIONARY GUARD CORPS.’’; 

15 and 

16 (2) in the table of contents, by striking the item 

17 relating to section 301 and inserting the following: 

‘‘Sec. 301. Identification of, and imposition of sanctions with respect to, foreign 

persons that are officials, agents or affiliates of, or owned or 

controlled by, Iran’s Revolutionary Guard Corps.’’. 


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1 SEC. 205. ADDITIONAL SANCTIONS WITH RESPECT TO FOR2 EIGN PERSONS THAT SUPPORT OR CONDUCT 

3 CERTAIN TRANSACTIONS WITH IRAN’S REVO4 LUTIONARY GUARD CORPS OR OTHER SANC5 TIONED PERSONS. 

6 (a) IDENTIFICATION.—Section 302(a)(1) of the Iran 

7 Threat Reduction and Syria Human Rights Act of 2012 

8 (22 U.S.C. 8742(a)(1))— 

9 (1) in subparagraph (B)— 

10 (A) by inserting ‘‘, provide significant fi11 nancial services to, or provide material support 

12 to’’ after ‘‘transactions with’’; and 

13 (B) by striking ‘‘or’’ at the end; 

14 (2) in subparagraph (C)— 

15 (A) in the matter preceding clause (i), by 

16 inserting ‘‘, provide significant financial services 

17 to, or provide material support to’’ after ‘‘trans18 actions with’’; 

19 (B) in clause (i), by striking ‘‘or’’ at the 

20 end; and 

21 (C) by striking clause (ii) and inserting the 

22 following: 

23 ‘‘(ii) a person or entity designated as 

24 foreign terrorist organizations under sec25 tion 219(a) of the Immigration and Na26 tionality Act (8 U.S.C. 1189(a)) or that 


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1 has provided support for an act of inter2 national terrorism (as defined in section 14 

3 of the Iran Sanctions Act of 1996 (Public 

4 Law 104–172; 50 U.S.C. 1701 note)); or 

5 ‘‘(iii) a foreign person whose property 

6 and access to property has been blocked 

7 pursuant to Executive Order 13224 (Sep8 tember 23, 2001; relating to blocking prop9 erty and prohibiting transactions with per10 sons who commit, threaten to commit, or 

11 support terrorism); or’’; and 

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

13 ‘‘(D) a person acting on behalf of or at the 

14 direction of, or owned or controlled (as that 

15 term is defined in section 301) by, a person de16 scribed in subparagraph (A), (B), or (C).’’. 

17 (b) IMPOSITION OF SANCTIONS.—Section 302(b) of 

18 the Iran Threat Reduction and Syria Human Rights Act 

19 of 2012 (22 U.S.C. 8742(b)) is amended by striking ‘‘the 

20 President—’’ and all that follows and inserting ‘‘the Presi21 dent shall block and prohibit all transactions in property 

22 and interests in property with respect to such foreign per23 son if such property and interests in property are in the 

24 United States, come within the United States, or are or 


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1 come within the possession or control of a United States 

2 person.’’. 

3 SEC. 206. REPORTS ON CERTAIN IRANIAN PERSONS AND 

4 SECTORS OF IRAN’S ECONOMY THAT ARE 

5 CONTROLLED BY IRAN’S REVOLUTIONARY 

6 GUARD CORPS. 

7 (a) STATEMENT OF POLICY.—It shall be the policy 

8 of the United States to fully implement and enforce sanc9 tions against Iran’s Revolutionary Guard Corps, including 

10 its officials, agents, and affiliates. 

11 (b) IN GENERAL.—Subtitle B of title III of the Iran 

12 Threat Reduction and Syria Human Rights Act of 2012 

13 (Public Law 112–158; 126 Stat. 1247) is amended by 

14 adding at the end the following: 

15 ‘‘SEC. 313. REPORT ON CERTAIN IRANIAN PERSONS. 

16 ‘‘(a) IN GENERAL.—Not later than 180 days after 

17 the date of the enactment of this section, and annually 

18 thereafter for a period not to exceed three years, the Presi19 dent shall submit to the appropriate congressional com20 mittees a report that contains the following: 

21 ‘‘(1) A list of foreign persons listed on the 

22 Tehran Stock Exchange and, with respect to each 

23 such foreign person— 


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1 ‘‘(A) an identification of the sector of 

2 Iran’s economy in which the foreign person is 

3 located; and 

4 ‘‘(B) a determination of whether or not 

5 Iran’s Revolutionary Guard Corps or any for6 eign persons that are officials, agents, or affili7 ates of Iran’s Revolutionary Guard Corps, di8 rectly or indirectly, owns or controls the foreign 

9 person. 

10 ‘‘(2) A list of foreign persons that are operating 

11 business enterprises in Iran that have a valuation of 

12 more than $100,000,000 and, with respect to each 

13 such foreign person— 

14 ‘‘(A) an identification of the sector of 

15 Iran’s economy in which the foreign person is 

16 located; and 

17 ‘‘(B) a determination of whether or not 

18 Iran’s Revolutionary Guard Corps or any for19 eign persons that are officials, agents, or affili20 ates of Iran’s Revolutionary Guard Corps, di21 rectly or indirectly owns or controls the foreign 

22 person. 

23 ‘‘(3) A list of Iranian financial institutions that 

24 have a valuation of more than $10,000,000 and, 


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1 with respect to each such Iranian financial institu2 tion— 

3 ‘‘(A) an identification of the sector of 

4 Iran’s economy in which the institution is lo5 cated; and 

6 ‘‘(B) a determination of whether or not— 

7 ‘‘(i) the institution has knowingly fa8 cilitated a significant transaction directly 

9 or indirectly for, or on behalf of, Iran’s 

10 Revolutionary Guard Corps during the 2- 

11 year period beginning on the date of the 

12 enactment of this section; or 

13 ‘‘(ii) Iran’s Revolutionary Guard 

14 Corps or any foreign persons that are offi15 cials, agents, or affiliates of Iran’s Revolu16 tionary Guard Corps, directly or indirectly, 

17 owns or controls the institution. 

18 ‘‘(b) FORM OF REPORT; PUBLIC AVAILABILITY.— 

19 ‘‘(1) FORM.—The report required by paragraph 

20 (1) shall be submitted in unclassified form but may 

21 contain a classified annex. 

22 ‘‘(2) PUBLIC AVAILABILITY.—The unclassified 

23 portion of the report required by paragraph (1) shall 

24 be posted on a publicly-available Internet website of 


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1 the Department of the Treasury and a publicly-avail2 able Internet website of the Department of State. 

3 ‘‘(c) DEFINITIONS.—In this section: 

4 ‘‘(1) FOREIGN PERSON.—The term ‘foreign per5 son’ means— 

6 ‘‘(A) an individual who is not a United 

7 States person; 

8 ‘‘(B) a corporation, partnership, or other 

9 nongovernmental entity which is not a United 

10 States person; or 

11 ‘‘(C) any representative, agent or instru12 mentality of, or an individual working on behalf 

13 of a foreign government. 

14 ‘‘(2) IRAN’S REVOLUTIONARY GUARD CORPS.— 

15 The term ‘Iran’s Revolutionary Guard Corps’ in16 cludes any senior foreign political figure (as defined 

17 in section 1010.605 of title 31, Code of Federal 

18 Regulations) of Iran’s Revolutionary Guard Corps. 

19 ‘‘(3) IRANIAN FINANCIAL INSTITUTION.—The 

20 term ‘Iranian financial institution’ means— 

21 ‘‘(A) a financial institution organized 

22 under the laws of Iran or any jurisdiction with23 in Iran, including a foreign branch of such an 

24 institution; 

25 ‘‘(B) a financial institution located in Iran; 


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1 ‘‘(C) a financial institution, wherever lo2 cated, owned or controlled by the Government 

3 of Iran; or 

4 ‘‘(D) a financial institution, wherever lo5 cated, owned or controlled by a financial insti6 tution described in subparagraph (A), (B), or 

7 (C). 

8 ‘‘(4) OWN OR CONTROL.—The term ‘own or 

9 control’ has the meaning given such term in section 

10 301. 

11 ‘‘(5) SIGNIFICANT TRANSACTION.—A trans12 action shall be determined to be a ‘significant trans13 action’ in accordance with section 561.404 of title 

14 31, Code of Federal Regulations. 

15 ‘‘(6) UNITED STATES PERSON.—The term 

16 ‘United States person’ means— 

17 ‘‘(A) a United States citizen or an alien 

18 lawfully admitted for permanent residence to 

19 the United States; or 

20 ‘‘(B) an entity organized under the laws of 

21 the United States or of any jurisdiction within 

22 the United States, including a foreign branch of 

23 such an entity. 


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1 ‘‘SEC. 314. REPORT ON SECTORS OF IRAN’S ECONOMY THAT 

2 ARE CONTROLLED BY IRAN’S REVOLU3 TIONARY GUARD CORPS. 

4 ‘‘(a) IN GENERAL.—Not later than 180 days after 

5 the date of enactment of this section, and every 180 days 

6 thereafter, the President shall submit to the appropriate 

7 congressional committees a report that identifies each sec8 tor of Iran’s economy described in subsection (b). 

9 ‘‘(b) SECTORS OF IRAN’S ECONOMY DESCRIBED.— 

10 ‘‘(1) IN GENERAL.—The sectors of Iran’s econ11 omy described in this subsection are each sector in 

12 which 20 or more of any of the Iranian financial in13 stitutions or foreign persons described in paragraph 

14 (2) are located in such sector. 

15 ‘‘(2) IRANIAN FINANCIAL INSTITUTIONS AND

16 FOREIGN PERSONS DESCRIBED.—The Iranian finan17 cial institutions and foreign persons described in this 

18 subsection are the following: 

19 ‘‘(A) Iranian financial institutions listed 

20 under section 313(a)(1)(B)(ii). 

21 ‘‘(B) Foreign persons listed under section 

22 313(a)(2)(B). 

23 ‘‘(C) Foreign persons listed under section 

24 313(a)(3)(B).’’. 


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1 TITLE III—MATTERS RELATING 

2 TO THE DESIGNATION OF 

3 CERTAIN ENTITIES 

4 SEC. 301. PROHIBITION ON FUTURE WAIVERS AND LI5 CENSES CONNECTED TO THE DESIGNATION 

6 OF THE IRGC. 

7 Beginning on the date of the enactment of this Act, 

8 all waivers and licenses in effect as of such date issued 

9 by the President pursuant to the designation of the Is10 lamic Revolutionary Guard Corps under Executive Order 

11 13224 (50 U.S.C. 1701 note; relating to blocking property 

12 and prohibiting transactions with persons who commit, 

13 threaten to commit, or support terrorism) shall remain in 

14 effect, and the President may not issue a new waiver or 

15 license with respect to any activity connected to the Is16 lamic Revolutionary Guard Corps, until the date on which 

17 the President makes the certification to Congress pursu18 ant to section 8 of the Iran Sanctions Act of 1996 (50 

19 U.S.C. 1701 note) as amended by this Act. 

20 SEC. 302. PROHIBITION ON FUTURE WAIVERS AND LI21 CENSES CONNECTED TO THE DESIGNATION 

22 OF THE IRGC AS A FOREIGN TERRORIST OR23 GANIZATION. 

24 The Secretary of State may not remove the designa25 tion of the Islamic Revolutionary Guard Corps as a foreign 


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1 terrorist organization pursuant to section 219 of the Im2 migration and Nationality Act (8 U.S.C. 1189) unless the 

3 President makes the certification to Congress pursuant to 

4 section 8 of the Iran Sanctions Act of 1996 (50 U.S.C. 

5 1701 note) as amended by this Act. The waiver issued 

6 by the Secretary of State pursuant to the Notice of Deter7 mination published on April 24, 2019 (84 Fed. Reg. 

8 17227; relating to material support for certain foreign 

9 governmental sub-entities), shall remain in effect, and the 

10 President may not issue a new waiver or license with re11 spect to any activity connected to the designation of the 

12 Islamic Revolutionary Guard Corps, until the date on 

13 which the President makes the certification to Congress 

14 pursuant to section 8 of the Iran Sanctions Act of 1996 

15 (50 U.S.C. 1701 note) as amended by this Act. 

16 SEC. 303. MEASURES WITH RESPECT TO ANSARALLAH IN 

17 YEMEN. 

18 (a) SENSE OF CONGRESS.—It is the sense of the Con19 gress that the designation of the Ansarallah in Yemen 

20 (otherwise known as the ‘‘Houthis’’) as a foreign terrorist 

21 organization by former Secretary of State Mike Pompeo, 

22 which took effect on January 19, 2021, was an essential 

23 step to hold Iran’s proxies accountable. 

24 (b) FINDINGS.—Congress finds the following: 


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1 (1) The Houthis are armed, trained, and ad2 vised by the Islamic Revolutionary Guard Corps, an 

3 entity designated as a foreign terrorist organization 

4 pursuant to section 219 of the Immigration and Na5 tionality Act (8 U.S.C. 1189). 

6 (2) According to former Secretary of State 

7 Mike Pompeo, the Houthis are responsible for a 

8 number of terrorist acts, ‘‘including cross-border at9 tacks threatening civilian populations, infrastruc10 ture, and commercial shipping.’’. 

11 (c) DESIGNATION REQUIRED.—Not later than 10 

12 days after the date of the enactment of this Act, the Sec13 retary of State shall designate Ansarallah, otherwise 

14 known as ‘‘Houthis’’, as a foreign terrorist organization 

15 under section 219 of the Immigration and Nationality Act 

16 (8 U.S.C. 1189). 

17 (d) LISTING REQUIRED.—Not later than 10 days 

18 after the date of the enactment of this Act, the Secretary 

19 of the Treasury shall place Ansarallah, otherwise known 

20 as ‘‘Houthis,’’ on the list of Specially Designated Nation21 als and Blocked Persons maintained by the Office of For22 eign Asset Control of the Department of the Treasury. 

23 (e) REVIVAL OF FORMER WAIVERS.—Beginning on 

24 the date that is 10 days after the date of the enactment 

25 of this Act, all licenses and waivers issued in relation to 


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1 the designation of Ansarallah as a Foreign Terrorist Orga2 nization or its placement on the list of Specially Des3 ignated Nationals and Blocked Persons that were in effect 

4 as of January 20, 2021, shall return to force and remain 

5 in effect as long as Ansarallah is designated as a foreign 

6 terrorist organization and remains on the list of Specially 

7 Designated Nationals and Blocked Persons. 

8 (f) LIMITATION ON FUTURE WAIVER AUTHORITY.— 

9 Except as provided in subsection (e), no waiver or license 

10 with respect to the designation of Ansarallah under this 

11 section may be issued. 

12 TITLE IV—DETERMINATIONS 

13 AND REPORTS 

14 SEC. 401. DETERMINATIONS WITH RESPECT TO THE IMPO15 SITION OF SANCTIONS. 

16 (a) DETERMINATION.—Not later than 90 days after 

17 the date of the enactment of this Act, the Secretary of 

18 State shall submit to the appropriate congressional com19 mittees a determination, including a detailed justification, 

20 on whether Kata’ib Sayyid al-Shuhada, Kata’ib al-Imam 

21 Ali, Saraya Khorasani, and the Badr Corps, and any for22 eign person that is an official, agent, affiliate of, or owned 

23 or controlled by Kata’ib Sayyid al-Shuhada, Kata’ib al24 Imam Ali, Saraya Khorasani, or the Badr Corps, meets 

25 the criteria for— 


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1 (1) designation as a foreign terrorist organiza2 tion pursuant to section 219 of the Immigration and 

3 Nationality Act (8 U.S.C. 1189); 

4 (2) the application of sanctions pursuant to Ex5 ecutive Order 13224 (50 U.S.C. 1701 note; relating 

6 to blocking property and prohibiting transactions 

7 with persons who commit, threaten to commit, or 

8 support terrorism); or 

9 (3) the application of sanctions pursuant to the 

10 Caesar Syria Civilian Protection Act of 2019 (22 

11 U.S.C. 8791 note). 

12 (b) FORM.—The determination in subsection (a) shall 

13 be submitted in unclassified form but may contain a classi14 fied annex. 

15 (c) APPROPRIATE CONGRESSIONAL COMMITTEES DE16 FINED.—In this section, the term ‘‘appropriate congres17 sional committees’’ means— 

18 (1) the Committee on Armed Services, the 

19 Committee on Foreign Affairs, the Permanent Select 

20 Committee on Intelligence, the Committee on Finan21 cial Services, and the Committee on the Judiciary of 

22 the House of Representatives; and 

23 (2) the Committee on Armed Services, the 

24 Committee on Foreign Relations, the Select Com25 mittee on Intelligence, the Committee on Banking, 


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1 Housing, and Urban Affairs, and the Committee on 

2 the Judiciary of the Senate. 

3 SEC. 402. IRANIAN MILITIA WATCHLISTS. 

4 (a) IN GENERAL.—The Secretary of State shall an5 nually maintain and publish a list of armed groups, mili6 tias, or proxy forces in Iraq receiving logistical, military, 

7 or financial assistance from Islamic Revolutionary Guard 

8 Corps or over which the Islamic Revolutionary Guard 

9 Corps exerts any form of control or influence. 

10 (b) PUBLICATION.—The list required under sub11 section (a) shall be published concurrently with the Annual 

12 Country Reports on Terrorism required to be submitted 

13 pursuant to section 140 of the Foreign Relations Author14 ization Act, Fiscal Years 1988 and 1989 (22 U.S.C. 

15 2656f), beginning with the first such Country Reports 

16 published after the date of the enactment of this Act. 

17 (c) FORM.—The Secretary may, not later than 30 

18 days after publication of the Annual Country Reports on 

19 Terrorism in accordance with subsection (b), submit to the 

20 Committee on Foreign Affairs of the House of Representa21 tives and the Committee on Foreign Relations of the Sen22 ate a classified annex with respect to the list required 

23 under subsection (a). 


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1 SEC. 403. EXPANSION OF REPORTING TO INCLUDE IRANIAN 

2 ARMS SHIPMENTS TO THE HOUTHIS AND IRA3 NIAN BACKED MILITIAS IN IRAQ AND SYRIA. 

4 (a) SENSE OF CONGRESS.—It is the sense of the Con5 gress that Iran’s influence and activities in Yemen are a 

6 threat to the national security of the United States and 

7 its regional partners, including Israel and Saudi Arabia, 

8 and that the United States must stand with Israel and 

9 Gulf allies against Houthi aggression in Yemen. 

10 (b) REPORTING REQUIREMENTS.—Section 

11 103(b)(6)(A) of the Countering America’s Adversaries 

12 Through Sanctions Act (22 U.S.C. 9402(b)(6)(A)) is 

13 amended by inserting ‘‘Ansarallah, also known as the 

14 Houthis, Iranian backed militias in Iraq and Syria, or,’’ 

15 after ‘‘bound for’’. 

16 SEC. 404. ANNUAL REPORT ON IRAN SANCTIONS VIOLA17 TIONS. 

18 (a) REPORTING REQUIREMENT.—Not later than 30 

19 days after the enactment of this Act, and annually there20 after, the Secretary of the State, in consultation with the 

21 Secretary of the Treasury, shall submit to the appropriate 

22 congressional committees a report that includes a list of 

23 each person not currently subject to United States sanc24 tions that the Secretary determines is in violation of— 

25 (1) this Act or the amendments made by this 

26 Act; 


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1 (2) the Iran Sanctions Act of 1996 (Public Law 

2 104–172; 50 U.S.C. 1701 note); 

3 (3) the Comprehensive Iran Sanctions, Account4 ability, and Divestment Act of 2010 (22 U.S.C. 

5 8501 et seq.); 

6 (4) section 1245 of the National Defense Au7 thorization Act for Fiscal Year 2012 (22 U.S.C. 

8 8513a); 

9 (5) the Iran Threat Reduction and Syria 

10 Human Rights Act of 2012 (22 U.S.C. 8701 et 

11 seq.); 

12 (6) the Iran Freedom and Counter-Proliferation 

13 Act of 2012 (22 U.S.C. 8801 et seq.); 

14 (7) the International Emergency Economic 

15 Powers Act (50 U.S.C. 1701 note); or 

16 (8) any other statute or Executive order that 

17 requires or authorizes the imposition of sanctions 

18 with respect to Iran. 

19 (b) FORM.—Each report required by paragraph (1) 

20 shall be submitted in unclassified form but may include 

21 a classified annex. 

22 (c) APPROPRIATE CONGRESSIONAL COMMITTEES DE23 FINED.—In this section, the term ‘‘appropriate congres24 sional committees’’ means— 


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1 (1) the Committee on Foreign Affairs and the 

2 Committee on Financial Services of the House of 

3 Representatives; and 

4 (2) the Committee on Foreign Relations and 

5 the Committee on Banking, Housing, and Urban Af6 fairs of the Senate. 

7 SEC. 405. REPORT ON SANCTIONS RELIEF GOING TO TER8 RORISM OR DESTABILIZING ACTIVITIES. 

9 (a) REPORTING REQUIREMENT.—Not later than 180 

10 days after the enactment of this Act, and annually there11 after, the Secretary of the State, in consultation with the 

12 Secretary of the Treasury, shall submit to the appropriate 

13 congressional committees a report describing— 

14 (1) the status of United States sanctions on 

15 Iran; 

16 (2) the reimposition and renewed enforcement 

17 of secondary sanctions on Iran; 

18 (3) the impact such sanctions have had on 

19 Iran’s support for terrorism including Hamas, 

20 Hezbollah, Palestinian Islamic Jihad, and other for21 eign terrorist organizations; 

22 (4) the impact such sanctions have had on 

23 Iran’s military budget, including the budget of the 

24 Islamic Revolutionary Guard Corps; 


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1 (5) the impact such sanctions have had on the 

2 budget and resources available to the Basij, and how 

3 such sanctions have affected the ability of the Basij 

4 to commit gross human rights abuses against the 

5 people of Iran; 

6 (6) the impact such sanctions have had on 

7 Iran’s support to the al-Assad regime in Syria and 

8 to Iranian backed militias operating in Syria; 

9 (7) the impact that such sanctions have had on 

10 Iran’s support for Ansarallah, also known as the 

11 Houthis, in Yemen; and 

12 (8) the impact that lifting such sanctions would 

13 have on Iran’s ability to commit human rights 

14 abuses against the people of Iraq, Syria, Lebanon, 

15 and Yemen, including a detailed description of 

16 whether lifting such sanctions would increase the re17 sources available for Iran and its proxy militias to 

18 support gross human rights abuses such as torture, 

19 extrajudicial killings, or the killing of protesters in 

20 Iraq, Syria, Lebanon, and Yemen. 

21 (b) FORM.— 

22 (1) IN GENERAL.—The report required by para23 graph (1) shall be submitted in unclassified form, 

24 but may contain a classified annex if necessary. 


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1 (2) PUBLIC AVAILABILITY OF INFORMATION.— 

2 The unclassified portion of such report shall be 

3 made available on a publicly available internet 

4 website of the Federal Government. 

5 (c) APPROPRIATE CONGRESSIONAL COMMITTEES DE6 FINED.—In this section, the term ‘‘appropriate congres7 sional committees’’ means— 

8 (1) the Committee on Armed Services, the 

9 Committee on Foreign Affairs, the Committee on Fi10 nancial Services; and 

11 (2) the Committee on Armed Services, the 

12 Committee on Foreign Relations, the Committee on 

13 Banking, Housing, and Urban Affairs, and the Com14 mittee on the Judiciary of the Senate. 

15 SEC. 406. SUPPORTING HUMAN RIGHTS FOR THE PEOPLE 

16 OF IRAN AND THE VICTIMS OF IRANIAN 

17 HUMAN RIGHTS ABUSES IN SYRIA, LEBANON, 

18 YEMEN, AND VENEZUELA. 

19 (a) STATEMENT OF POLICY.—It shall be the policy 

20 of the United States to— 

21 (1) support democracy and human rights in 

22 Iran, including the robust exercise by Iranians of the 

23 rights to freedom of speech and assembly; 

24 (2) where possible, support the free flow of in25 formation into Iran to make it easier for Iranian 


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1 citizens to communicate with one another and with 

2 the outside world; 

3 (3) hold Iran accountable for severe human 

4 rights abuses against its own people and the people 

5 of the Middle East and Latin America, including the 

6 peoples of Iraq, Syria, Lebanon Yemen, and Ven7 ezuela; and 

8 (4) condemn any and all attacks against pro9 testers by Iran or its sponsored militias. 

10 (b) DETERMINATION WITH RESPECT TO THE IMPO11 SITION OF SANCTIONS.—Not later than 180 days after the 

12 date of the enactment of this Act, the President shall sub13 mit to the appropriate congressional committees a deter14 mination, including a detailed justification, of whether any 

15 person listed in subsection (c) meets the criteria for— 

16 (1) the application of sanctions pursuant to sec17 tion 105 of the Comprehensive Iran Sanctions, Ac18 countability, and Divestment Act of 2010 (22 U.S.C. 

19 8514); or 

20 (2) the application of sanctions pursuant to Ex21 ecutive Order 13553 (50 U.S.C. 1701 note; relating 

22 to blocking property of certain persons with respect 

23 to serious human rights abuses by the Government 

24 of Iran). 


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1 (c) PERSONS LISTED.—The persons listed in this 

2 subsection are— 

3 (1) Ayatollah Ali Khamanei, the Supreme Lead4 er of Iran; 

5 (2) Asghar Jahangir, the head of Iran’s Prisons 

6 Organization; 

7 (3) Seyyed Alireza Avaie, Iran’s Minister of 

8 Justice; 

9 (4) Mansour Gholami, Iran’s Minister of 

10 Science; 

11 (5) Abbas Salehi, Iran’s Minister of Culture; 

12 (6) Hassan Hassanzadeh, Commander of 

13 Tehran Mohammed Rasoolallah Corps of Iran’s Is14 lamic Revolutiongary Guard Corps; 

15 (7) Mohammed Reza Yazdi, Commander of the 

16 Tehran Mohammad Rasoolallah Corps of the IRGC; 

17 (8) Amin Vaziri, Deputy Prosecutor of Tehran 

18 and assistant supervisor of political prisoners in 

19 Evin prison; 

20 (9) Heshmatollah Hayat Al-Ghayb, Tehran’s 

21 Director-General of Prisons; 

22 (10) Allahkaram Azizi, Head of the Rajaie23 Shahr prison in Karaj, Iran; 

24 (11) Mohammadmehdi Majmohammadi, Head 

25 of Iran’s prisons and guidance prosecutor’s office; 


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1 (12) Ali Hemmatian, IRGC interrogator; and 

2 (13) Masoud Safdari, IRGC interrogator. 

3 (d) APPROPRIATE CONGRESSIONAL COMMITTEES

4 DEFINED.—In this section, the term ‘‘appropriate con5 gressional committees’’ means— 

6 (1) the Committee on Armed Services, the 

7 Committee on Foreign Affairs, the Committee on Fi8 nancial Services; and 

9 (2) the Committee on Armed Services, the 

10 Committee on Foreign Relations, the Committee on 

11 Banking, Housing, and Urban Affairs, and the Com12 mittee on the Judiciary of the Senate. 

13 SEC. 407. DETERMINATION WITH RESPECT TO NET WORTH 

14 OF IRANIAN SUPREME LEADER AYATOLLAH 

15 ALI KHAMANEI. 

16 (a) DETERMINATION REQUIRED.—Not later than 

17 180 days after the date of the enactment of this Act, the 

18 Secretary of State, in consultation with the Secretary of 

19 the Treasury and the Director of National Intelligence, 

20 shall submit to the appropriate congressional committees 

21 a report on the estimated net worth and known sources 

22 of income, including income from corrupt or illicit activi23 ties, of Iranian Supreme Leader Ali Khamanei and his 

24 family members (including spouse, children, siblings, and 

25 paternal and maternal cousins), including assets, investVerDate Sep 11 2014 23:54 Jul 16, 2021 Jkt 019200 PO 00000 Frm 00112 Fmt 6652 Sfmt 6201 E:\BILLS\H2718.IH H2718

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1 ments, other business interests, and relevant beneficial 

2 ownership information. Such report shall also shares in 

3 and ties to Iranian parastatal institutions or bonyaads, 

4 such as the Mostazafan Foundation and the Astan Quds 

5 Razavi, as well as the total estimated value of Mostazafan 

6 Foundation and the Astan Quds Razavi. 

7 (b) FORM.—The report required by subsection (a) 

8 shall be submitted in unclassified form, but may contain 

9 a classified annex. The unclassified portion of such report 

10 shall be made available on a publicly available internet 

11 website of the Federal Government. 

12 (c) APPROPRIATE CONGRESSIONAL COMMITTEES DE13 FINED.—In this section, the term ‘‘appropriate congres14 sional committees’’ means— 

15 (1) the Committee on Armed Services, the 

16 Committee on Foreign Affairs, the Committee on Fi17 nancial Services; and 

18 (2) the Committee on Armed Services, the 

19 Committee on Foreign Relations, and the Committee 

20 on Banking, Housing, and Urban Affairs. 

21 SEC. 408. IRGC WATCH LIST AND REPORT. 

22 (a) IN GENERAL.—The Secretary of the Treasury 

23 shall establish, maintain, and publish in the Federal Reg24 ister a list (to be known as the ‘‘IRGC Watch List’’) of— 


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1 (1) each entity in which the IRGC has an own2 ership interest of less than 25 percent; 

3 (2) each entity in which the IRGC does not 

4 have an ownership interest if the IRGC maintains a 

5 presence on the board of directors of the entity or 

6 otherwise influences the actions, policies, or per7 sonnel decisions of the entity; and 

8 (3) each person that owns or controls an entity 

9 described in paragraph (1) or (2). 

10 (b) REPORTS REQUIRED.— 

11 (1) TREASURY REPORT.— 

12 (A) IN GENERAL.—Not later than 90 days 

13 after the date of the enactment of this Act, and 

14 annually thereafter, the Secretary of the Treas15 ury shall submit to the appropriate congres16 sional committees a report that includes— 

17 (i) the list required by subsection (a) 

18 and, in the case of any report submitted 

19 under this subparagraph after the first 

20 such report, any changes to the list since 

21 the submission of the preceding such re22 port; and 

23 (ii) an assessment of the role of the 

24 IRGC in, and its penetration into, the 

25 economy of Iran. 


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1 (B) FORM OF REPORT.—Each report re2 quired by subparagraph (A) shall be submitted 

3 in unclassified form, but may include a classi4 fied annex if necessary. The unclassified portion 

5 of such report shall be made available on a pub6 licly available internet website of the Federal 

7 Government. 

8 (2) GOVERNMENT ACCOUNTABILITY OFFICE RE9 PORT.— 

10 (A) IN GENERAL.—The Comptroller Gen11 eral of the United States shall— 

12 (i) conduct a review of the list re13 quired by subsection (a); and 

14 (ii) not later than 180 days after each 

15 report required by paragraph (1) is sub16 mitted to Congress, submit to Congress a 

17 report on the review conducted under 

18 clause (i). 

19 (B) CONSULTATIONS.—In preparing the 

20 report required by subparagraph (A)(ii), the 

21 Comptroller General shall consult with non22 governmental organizations. 

23 (c) APPROPRIATE CONGRESSIONAL COMMITTEES DE24 FINED.—In this section, the term ‘‘appropriate congres25 sional committees’’ means— 


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1 (1) the Committee on Armed Services, the 

2 Committee on Foreign Affairs, the Committee on Fi3 nancial Services; and 

4 (2) the Committee on Armed Services, the 

5 Committee on Foreign Relations, and the Committee 

6 on Banking, Housing, and Urban Affairs of the Sen7 ate. 

8 SEC. 409. REPORT ON IRAN’S BREAKOUT TIMELINE FOR 

9 URANIUM ENRICHMENT AND NUCLEAR 

10 WEAPONIZATION. 

11 (a) REPORTING REQUIREMENT.—Not later than 180 

12 days after the enactment of this Act, and annually there13 after, the Secretary of the State, in consultation with the 

14 Director of National Intelligence, shall submit to the ap15 propriate congressional committees a report describing— 

16 (1) an assessment of Iran’s estimated breakout 

17 timeline for uranium enrichment to achieve the 

18 fissile material necessary for a nuclear weapon; and 

19 (2) an assessment of Iran’s estimated 

20 weaponization timeline to obtain a nuclear weapon. 

21 (b) FORM.—The report required by subsection (a) 

22 shall be submitted in classified form. 

23 (c) APPROPRIATE CONGRESSIONAL COMMITTEES DE24 FINED.—In this section, the term ‘‘appropriate congres25 sional committees’’ means— 


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1 (1) the Committee on Armed Services, the 

2 Committee on Foreign Affairs, the Committee on Fi3 nancial Services; and 

4 (2) the Committee on Armed Services, the 

5 Committee on Foreign Relations, the Committee on 

6 Banking, Housing, and Urban Affairs, and the Com7 mittee on the Judiciary of the Senate. 

8 SEC. 410. REPORT ON IRANIAN DISINFORMATION CAM9 PAIGNS AND COUNTER-DISINFORMATION EF10 FORTS. 

11 (a) REPORTING REQUIREMENT.—Not later than 180 

12 days after the enactment of this Act, and annually there13 after, the Global Engagement Center (GEC) of the De14 partment of State shall submit to the appropriate congres15 sional committees a report describing— 

16 (1) the scope of Iranian disinformation efforts 

17 around the world including in the United States; 

18 (2) the objectives of Iran’s disinformation cam19 paign, the means used by Iran to further such cam20 paigns, and the mechanisms by which Iran spreads 

21 disinformation and propaganda; and 

22 (3) a detailed strategy regarding how the GEC 

23 intends to counter disinformation efforts conducted 

24 by Iran. 


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1 (b) FORM.—The report required by subsection (a) 

2 shall be submitted in unclassified form, but may include 

3 a classified annex if necessary. The unclassified portion 

4 of such report shall be made available on a publicly avail5 able internet website of the Federal Government. 

6 (c) APPROPRIATE CONGRESSIONAL COMMITTEES DE7 FINED.—In this section, the term ‘‘appropriate congres8 sional committees’’ means— 

9 (1) the Committee on Armed Services, the 

10 Committee on Foreign Affairs, the Committee on Fi11 nancial Services; and 

12 (2) the Committee on Armed Services, the 

13 Committee on Foreign Relations, the Committee on 

14 Banking, Housing, and Urban Affairs, and the Com15 mittee on the Judiciary of the Senate. 

Æ 


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