SISA Act

To terminate the authority to waive certain provisions of law requiring the imposition of sanctions with respect to Iran, to codify certain sanctions imposed by Executive order, and for other purposes. 1. Short title This Act may be cited as the Sanction Iran, Safeguard America Act of 2015 SISA Act 2. Findings Congress makes the following findings: (1) A nuclear-capable Iran poses a direct and existential threat to the United States, Israel, and allies around the world. (2) Iran is a leading state sponsor of terrorism, arming and funding terrorist groups around the world, including by providing material support for the terrorist organization Hamas in its relentless attacks on Israel. (3) The Government of Iran has violated United Nations Security Council Resolutions 1696 (2006), 1737 (2006), 1747 (2007), 1803 (2008), 1835 (2008), and 1929 (2010), relating to Iran’s nuclear program. (4) The Government of Iran has received significant economic benefits from the relaxation of economic sanctions pursuant the Joint Plan of Action, signed November 24, 2013, by Iran and by France, Germany, the Russian Federation, the People’s Republic of China, the United Kingdom, and the United States (in this section referred to as the Joint Plan of Action (5) Any deal relating to Iran's nuclear weapons program that does not completely dismantle the entire nuclear weapons program would repeat the same mistakes observed with negotiations with North Korea, a totalitarian country that exported its nuclear technology to Syria and has shared similar nuclear and ballistic missile technology with Iran. (6) The Agreed Framework between the United States and the Democratic People’s Republic of Korea, signed in Geneva on October 21, 1994, which called for North Korea to freeze and dismantle its nuclear weapons program in exchange for eased sanctions and normalized relations with the United States, should serve as a reminder of previous failed negotiations resulting in billions of dollars made available for the development of nuclear weapons. (7) Economic sanctions imposed with respect to Iran are designed for the purpose of ending Iran’s pursuit of a nuclear weapons capability, not of initiating negotiations. Therefore, any easing of sanctions in pursuit of negotiations undermines the purpose of the sanctions, as is demonstrated by the case of North Korea. (8) Secretary of State John Kerry has publicly confirmed that any agreement the United States reaches with Iran will not be legally binding (9) If the United Nations Security Council passes a resolution to enforce the terms of any agreement with Iran, that resolution will have no force or effect under United States law absent approval by an Act of Congress. (10) In the absence of such approval, neither President Obama nor any future President will be obligated under the Constitution of the United States or the laws of the United States to enforce or carry out the terms of the Security Council resolution. (11) The President will instead be required by the Constitution to enforce any Act of Congress, even if the Act is contrary to the terms of the Security Council resolution. 3. Modification and elimination of waiver authorities for certain sanctions with respect to Iran (a) Modification of waiver of sanctions relating to the transportation of crude oil from Iran (1) In general Section 9(c)(1)(A) of the Iran Sanctions Act of 1996 ( Public Law 104–172 50 U.S.C. 1701 (other than the requirement in paragraph (7) of such section) section 5(a) (2) Termination of waivers Any waiver of the requirement in section 5(a)(7) of the Iran Sanctions Act of 1996 ( Public Law 104–172 50 U.S.C. 1701 (b) Elimination of waiver with respect to mandatory sanctions with respect to financial institutions that engage in certain transactions (1) In general Section 104 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513 (A) by striking subsection (f); and (B) by redesignating subsections (g) through (i) as subsections (f) through (h), respectively. (2) Termination of waivers Any waiver of the imposition of sanctions exercised by the President under section 104(f) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513(f) (3) Conforming amendments (A) Sanctions with respect to financial sector of Iran Section 1245(h) of the National Defense Authorization Act for Fiscal Year 2012 ( 22 U.S.C. 8513a(h) section 104(i) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513(i) section 104 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513 (B) Expansion of mandatory sanctions with respect to certain financial institutions Section 104A(d)(2) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513b(d)(2) section 104(i) section 104 (C) Definitions for Iran Freedom and Counter-Proliferation Act of 2012 Section 1242(a)(5) of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8801(a)(5) section 104(i) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513(i) section 104 of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513 (c) Elimination of waiver of sanctions with respect to the financial sector of Iran (1) In general Section 1245(d) of the National Defense Authorization Act for Fiscal Year 2012 ( 22 U.S.C. 8513a(d) (2) Termination of waivers Any waiver exercised by the President under section 1245(d)(5) of the National Defense Authorization Act for Fiscal Year 2012 ( 22 U.S.C. 8513a(d)(5) (d) Elimination of waiver of sanctions with respect to persons that support or conduct certain transactions with Iran's Revolutionary Guard Corps or other sanctioned persons (1) In general Section 302 of the Iran Threat Reduction and Syria Human Rights Act of 2012 ( 22 U.S.C. 8742 (A) striking subsections (d) and (e); and (B) redesignating subsection (f) as subsection (d). (2) Termination of waivers Any waiver exercised by the President under subsection (d) or (e) of section 302 of the Iran Threat Reduction and Syria Human Rights Act of 2012 ( 22 U.S.C. 8742 (e) Elimination of waiver of sanctions with respect to the energy, shipping, and shipbuilding sectors of Iran (1) In general Section 1244 of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8803 (2) Termination of waivers Any waiver of the imposition of sanctions under section 1244(i) of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8803(i) (f) Elimination of waiver of sanctions with respect to the sale, supply, or transfer of certain materials To or from Iran (1) In general Section 1245 of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8804 (A) by striking subsection (g); and (B) by redesignating subsection (h) as subsection (g). (2) Termination of waivers Any waiver of the imposition of sanctions under section 1245(g) of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8804(g) (g) Elimination of waiver of sanctions with respect to the provision of underwriting services or insurance or reinsurance for activities or persons with respect to which sanctions have been imposed (1) In general Section 1246 of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8805 (2) Termination of waivers Any waiver of the imposition of sanctions under section 1246(e) of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8805(e) (h) Elimination of waiver of sanctions with respect to foreign financial institutions that facilitate financial transactions on behalf of specially designated nationals (1) In general Section 1247 of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8806 (2) Termination of waivers Any waiver of the imposition of sanctions under subsection section 1247(f) of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8806(f) (i) Technical amendment Section 1253(c) of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8809(c) , and, as appropriate, instead of sections 1244(i), 1245(g), and 1246(e) of this Act 4. Sanctions with respect to purchase, acquisition, sale, transport, or marketing of petroleum, petroleum products, or petrochemical products from Iran (a) In general Subtitle B of title II of the Iran Threat Reduction and Syria Human Rights Act of 2012 ( 22 U.S.C. 8721 et seq. (1) by redesignating sections 222, 223, and 224 as sections 225, 226, and 227, respectively; and (2) by inserting after section 221 the following: 222. Imposition of sanctions with respect to purchase, acquisition, sale, transport, or marketing of petroleum, petroleum products, and petrochemical products from Iran (a) Limitations on correspondent and payable-Through accounts The President shall prohibit the opening, and prohibit or impose strict conditions on the maintaining, in the United States of a correspondent account or a payable-through account by a foreign financial institution that the President determines has knowingly conducted or facilitated any significant financial transaction, on or after July 31, 2012— (1) for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran; or (2) for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran. (b) Application of sanctions from Iran Sanctions Act of 1996 The President shall impose on a person one or more of the sanctions described in section 6(a) of the Iran Sanctions Act of 1996 ( Public Law 104–172 50 U.S.C. 1701 (1) petroleum or petroleum products from Iran; or (2) petrochemical products from Iran. (c) Applicability Subsections (a)(1) and (b)(1) shall apply with respect to a person only if— (1) the President determines under subparagraphs (B) and (C) of paragraph (4) of section 1245(d) of the National Defense Authorization Act for Fiscal Year 2012 ( 22 U.S.C. 8513a(d) (2) an exception under subparagraph (D) of that paragraph from the imposition of sanctions under paragraph (1) of that section does not apply with respect to the country with primary jurisdiction over the person. (d) Definitions In this section: (1) Account; correspondent account; payable-through account The terms account correspondent account payable-through account (2) Financial institution The term financial institution (3) Foreign financial institution The term foreign financial institution 22 U.S.C. 8513 (4) Petroleum The term petroleum (5) Petroleum products (A) In general The term petroleum products (B) Exception The term petroleum products (6) Petrochemical products The term petrochemical products 223. Imposition of sanctions with respect to support for the National Iranian Oil Company, the Naftiran Intertrade Company, or the Central Bank of Iran The President shall block and prohibit all transactions in property and interests in property of a person the President determines has, on or after July 31, 2012, materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, the National Iranian Oil Company, the Naftiran Intertrade Company, or the Central Bank of Iran if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person. 224. Imposition of sanctions with respect to support for the purchase of United States bank notes or precious metals by the Government of Iran The President shall block and prohibit all transactions in property and interests in property of a person the President determines has, on or after July 31, 2012, materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, the purchase or acquisition of United States bank notes or precious metals by the Government of Iran, if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person. . (b) Clerical amendment The table of contents for the Iran Threat Reduction and Syria Human Rights Act of 2012 is amended by striking the items relating to sections 222, 223, and 224 and inserting the following: Sec. 222. Imposition of sanctions with respect to purchase, acquisition, sale, transport, or marketing of petroleum, petroleum products, and petrochemical products from Iran. Sec. 223. Imposition of sanctions with respect to support for the National Iranian Oil Company, the Naftiran Intertrade Company, or the Central Bank of Iran. Sec. 224. Imposition of sanctions with respect to support for the purchase of United States bank notes or precious metals by the Government of Iran. Sec. 225. Sense of Congress and rule of construction relating to certain authorities of State and local governments. Sec. 226. Government Accountability Office report on foreign entities that invest in the energy sector of Iran or export refined petroleum products to Iran. Sec. 227. Reporting on the importation to and exportation from Iran of crude oil and refined petroleum products. . 5. Imposition of sanctions with respect to transactions with specially designated nationals and with respect to the automotive sector of Iran (a) In general The Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 1241 et seq. 1247A. Imposition of sanctions with respect to certain transactions with specially designated nationals (a) Blocking of property The President shall block and prohibit all transactions in property and interests in property of a person the President determines has, on or after July 1, 2013, materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, any person specified in subsection (b) if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person. (b) Persons specified A person specified in this subsection is any person as follows: (1) Any Iranian person included on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury (other than an Iranian depository institution the property and interests in property of which are blocked solely pursuant to Executive Order 13599 (78 Fed. Reg. 33,951)). (2) Any person included on that list the property and interests in property of which are blocked pursuant to subsection (a) or Executive Order 13599 (other than an Iranian depository institution the property and interests in property of which are blocked solely pursuant to Executive Order 13599). 1247B. Imposition of sanctions with respect to the automotive sector of Iran (a) In general The President shall impose sanctions described in one or more of paragraphs (1), (2), (4), (5), (10), and (11) of section 6(a) of the Iran Sanctions Act of 1996 ( Public Law 104–172 50 U.S.C. 1701 (b) Facilitation of certain transactions The President shall prohibit the opening, and prohibit or impose strict conditions on the maintaining, in the United States of a correspondent account or a payable-through account by a foreign financial institution that the President determines has, on or after July 1, 2013, knowingly facilitated a significant financial transaction for the sale, supply, or transfer to Iran of significant goods or services used in connection with the automotive sector of Iran. 1247C. Certification required for government contracts with persons in automotive sector of any country (a) Modification of Federal Acquisition Regulation Not later than 90 days after the date of the enactment of the Sanction Iran, Safeguard America Act of 2015 (1) has not, in the previous 90 days, conducted any transaction with an Iranian person or any entity owned or controlled by an Iranian person; and (2) does not have a business relationship with the Government of Iran. (b) Persons described A person described in this subsection is a person that is part of the automotive sector of any foreign country. (c) Remedies (1) In general If the head of an executive agency determines that a person has submitted a false certification under subsection (a) on or after the date on which the revision of the Federal Acquisition Regulation required by subsection (a) becomes effective, the head of that executive agency shall terminate a contract with that person or debar or suspend that person from eligibility for Federal contracts for a period of not less than 2 years. Any such debarment or suspension shall be subject to the procedures that apply to debarment and suspension under the Federal Acquisition Regulation under subpart 9.4 of part 9 of title 48, Code of Federal Regulations. (2) Inclusion on list of parties excluded from Federal procurement and nonprocurement programs The Administrator of General Services shall include on the List of Parties Excluded from Federal Procurement and Nonprocurement Programs maintained by the Administrator under part 9 of the Federal Acquisition Regulation each person that is debarred, suspended, or proposed for debarment or suspension by the head of an executive agency on the basis of a determination of a false certification under paragraph (1). (d) Clarification regarding certain products The remedies set forth in subsection (c) shall not apply with respect to the procurement of eligible products, as defined in section 308(4) of the Trade Agreements Act of 1974 ( 19 U.S.C. 2518(4) 19 U.S.C. 2511(b) (e) Rule of construction This section shall not be construed to limit the use of other remedies available to the head of an executive agency or any other official of the Federal Government on the basis of a determination of a false certification under subsection (a). (f) Applicability The revisions to the Federal Acquisition Regulation required under subsection (a) shall apply with respect to contracts for which solicitations are issued on or after the date of the enactment of the Sanction Iran, Safeguard America Act of 2015 (g) Government Accountability Office report Not later than 90 days after the date of the enactment of the Sanction Iran, Safeguard America Act of 2015 (1) during the 90-day period preceding the submission of the report, have conducted a transaction with an Iranian person or any entity owned or controlled by an Iranian person; or (2) have a business relationship with the Government of Iran. (h) Definitions In this section: (1) Executive agency The term executive agency (2) Federal Acquisition Regulation The term Federal Acquisition Regulation . (b) Definitions Section 1242 of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8801 (1) in subsection (a)— (A) by redesignating paragraphs (7) through (14) as paragraphs (9) through (16), respectively; (B) by redesignating paragraphs (3) through (6) as paragraphs (4) through (7), respectively; (C) by inserting after paragraph (2) the following: (3) Automotive sector The term automotive sector (A) The manufacturing or assembling in that country of vehicles, including passenger cars, trucks, buses, minibuses, pick-up trucks, and motorcycles. (B) The manufacturing in that country of original equipment relating to such vehicles. (C) The manufacturing in that country of after-market parts relating to such vehicles. ; and (D) by inserting after paragraph (7), as redesignated by subparagraph (B), the following: (8) Iranian depository institution The term Iranian depository institution (A) is— (i) organized under the laws of Iran or any jurisdiction within Iran, including a foreign branch of such an institution; (ii) located in Iran; (iii) owned or controlled by the Government of Iran; or (iv) owned or controlled by an entity described in clause (i), (ii), or (iii); and (B) is engaged primarily in the business of banking, as determined by the Secretary of the Treasury. ; and (2) in subsection (b)— (A) by striking financial transactions or financial services financial transactions, financial services, goods, or other services (B) by inserting , with respect to financial transactions or financial services, including 6. Expansion of sanctions with respect to foreign financial institutions that facilitate financial transactions with specially designated nationals Section 1247(a) of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8806(a) the President determines has (1) on or after July 1, 2013, knowingly facilitated a significant financial transaction on behalf of any Iranian person included on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury (other than an Iranian financial institution described in subsection (b)); or (2) on or after July 1, 2013, knowingly facilitated a significant financial transaction on behalf of any person included on that list the property and interests in property of which are blocked pursuant to section 1247A or Executive Order 13599 (78 Fed. Reg. 33,951) (other than an Iranian depository institution the property and interests in property of which are blocked solely pursuant to Executive Order 13599). . 7. Termination of loophole allowing importation of refined petroleum products made from Iranian origin crude oil (a) In general Section 103(b)(1) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8512(b)(1) (C) Application to refined petroleum products made from Iranian origin crude oil The prohibition in subparagraph (A) includes a prohibition on the importation into the United States of refined petroleum products produced using Iranian origin crude oil without regard to whether such crude oil was commingled with crude oil not of Iranian origin during the process of producing the refined petroleum products. . (b) Termination of regulatory exceptions (1) In general Section 103(d) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8512(d) (d) Regulatory authority (1) In general The President shall prescribe regulations to carry out this section. (2) Prohibition on regulatory exceptions No exception to the prohibition under subsection (b)(1) may be made by regulation. . (2) Termination of exceptions Any regulatory exception to the prohibition under section 103(b)(1) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8512(b)(1) 8. Applicability of sanctions with respect to petroleum transactions (a) In general Section 1245(d)(4)(D)(i) of the National Defense Authorization Act for Fiscal Year 2012 ( 22 U.S.C. 8513a(d)(4)(D)(i) (1) in subclause (I), by striking reduced reduced its volume of crude oil purchases from Iran reduced the volume of its purchases of petroleum from Iran or of Iranian origin (2) in subclause (II), by striking crude oil purchases from Iran purchases of petroleum from Iran or of Iranian origin (b) Definitions Subsection (g) of section 1245 of the National Defense Authorization Act for Fiscal Year 2012, as amended by section 3(b)(3)(A) and as redesignated by section 3(f)(1)(B), is further amended— (1) by redesignating paragraphs (3) and (4) as paragraphs (5) and (6), respectively; and (2) by inserting after paragraph (2) the following: (3) Iranian origin The term Iranian origin (4) Petroleum The term petroleum . (c) Conforming amendments Section 102(b) of the Iran Threat Reduction and Syria Human Rights Act of 2012 ( 22 U.S.C. 8712(b) (1) in paragraph (3)— (A) by striking crude oil purchases from Iran purchases of petroleum from Iran or of Iranian origin (B) by striking as amended by section 504, (2) in paragraph (4), by striking crude oil purchases purchases of petroleum from Iran or of Iranian origin (d) Effective date The amendments made by this section shall apply with respect to determinations under section 1245(d)(4)(D)(i) of the National Defense Authorization Act for Fiscal Year 2012 ( 22 U.S.C. 8513a(d)(4)(D)(i) 9. Sanctions with respect to proliferators of weapons of mass destruction (a) In general The President shall block and prohibit all transactions in property and interests in property of a person the President determines knowingly, on or after June 29, 2005, provides, or attempts to provide, financial, material, technological or other support for, or goods or services in support of, any activity or transaction described in subsection (b) or any person the property and interests in property of which are blocked pursuant to Executive Order 13382 (70 Fed. Reg. 38,567; relating to blocking property of weapons of mass destruction proliferators and their supporters), if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person. (b) Activities and transactions described An activity or transaction described in this subsection is an activity or transaction that has materially contributed to, or poses a risk of materially contributing to, the proliferation of weapons of mass destruction or the means of delivery of such weapons (including missiles capable of delivering such weapons), including any efforts to manufacture, acquire, possess, develop, transport, transfer, or use such weapons or means of delivery, by any person or foreign country the President determines to be of proliferation concern. (c) United States person defined In this section, the term United States person 22 U.S.C. 8511 10. Prohibition on funding for negotiations and implementation of any nuclear agreement with Iran without consent of Congress (a) In general No funds authorized to be appropriated for fiscal year 2015 or any fiscal year thereafter may be obligated or expended to participate in a diplomatic negotiation with Iran or to implement any nuclear agreement with Iran until the date of the enactment of a joint resolution certifying that— (1) the United States will make public the text of a long-term comprehensive agreement (as described in the Joint Plan of Action) relating to Iran's nuclear program; (2) the United States has secured a mechanism to carry out justice and award compensation to the United States citizens who were held hostage in the United States Embassy in Tehran, Iran, in 1979; (3) the Government of Iran has freed all American prisoners of conscience who are being unjustly held in Iranian jails; (4) the Government of Iran is complying with all inspections conducted by the International Atomic Energy Agency to fulfill its obligations under the Treaty on the Non-Proliferation of Nuclear Weapons, done at Washington, London, and Moscow, July 1, 1968, and entered into force March 5, 1970 (commonly known as the Nuclear Non-Proliferation Treaty (5) the United States can verifiably determine, through certification by the International Atomic Energy Agency, that the Government of Iran— (A) has dismantled its nuclear program in its entirety, including all centrifuges, capabilities, and facilities for enrichment and reprocessing of uranium and plutonium; (B) has relinquished all stockpiles of enriched uranium; and (C) does not have any ballistic missiles or cruise missiles with a range of 300 kilometers or more and a payload of 500 kilograms or more and has dismantled its research and development programs for such weapons; and (D) has addressed and clarified all outstanding issues raised by the International Atomic Energy Agency, including possible military dimensions of its nuclear program and measures related to the initiation of high explosives and neutron transport calculations; (6) the Secretary of the Treasury no longer finds that the Central Bank of Iran is a financial institution of primary money laundering concern pursuant to section 5318A of title 31, United States Code; and (7) the President has submitted to Congress the notice and certification described in subsection (b). (b) Notice and certification relating to Iran's designation as a state sponsor of terrorism (1) In general The President may not terminate the designation of Iran as a state sponsor of terrorism unless— (A) not later than 60 days before terminating that designation, the President submits to Congress— (i) a notice of the President's intent to terminate the designation of Iran as a state sponsor of terrorism; and (ii) the certification described in paragraph (2); and (B) there is enacted into law during the 60-day period described in subparagraph (A) a joint resolution approving the termination of the designation. (2) Certification described The certification described in this paragraph is the certification of the President that— (A) the Government of Iran has not provided any support for acts of international terrorism during the one-year period preceding the submission of the notice under paragraph (1)(A); (B) the Government of Iran has provided assurances that it will not support acts of international terrorism in the future; and (C) the United States Government acknowledges Iran’s participation in, and demands Iran accept legal responsibility for— (i) the bombing of the Israeli embassy in Buenos Aires, Argentina, on March 17, 1992; (ii) the bombing of the World Trade Center in New York, New York, on February 26, 1993; (iii) the bombing of the Asociación Mutual Israelita Argentina Jewish Community Center in Buenos Aires, Argentina, on July 18, 1994; and (iv) the bombing of the Khobar Towers in Khobar, Saudi Arabia, on June 25, 1996. (c) Definitions In this section: (1) Act of international terrorism The term act of international terrorism Public Law 104–172 50 U.S.C. 1701 (2) Joint plan of action The term Joint Plan of Action (A) means the Joint Plan of Action, signed at Geneva, November 24, 2013, by Iran and by the United States, France, the Russian Federation, the People's Republic of China, the United Kingdom, and Germany; and (B) includes all implementing materials and agreements related to the Joint Plan of Action, including the technical understandings reached on January 12, 2014, the extension agreed to on July 19, 2014, and the extension agreed to on November 24, 2014. (3) State sponsor of terrorism The term state sponsor of terrorism (A) section 6(j)(1)(A) of the Export Administration Act of 1979 ( 50 U.S.C. App. 2405(j)(1)(A) 50 U.S.C. 1701 et seq. (B) section 40(d) of the Arms Export Control Act ( 22 U.S.C. 2780(d) (C) section 620A(a) of the Foreign Assistance Act of 1961 ( 22 U.S.C. 2371(a) 11. Extension of Iran Sanctions Act of 1996 Section 13 of the Iran Sanctions Act of 1996 ( Public Law 104–172 50 U.S.C. 1701 2016 2020

Summary: Sanction Iran, Safeguard America Act of 2015 or the SISA Act Amends the Iran Sanctions Act of 1996, the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, the National Defense Authorization Act for Fiscal Year 2012, the Iran Threat Reduction and Syria Human Rights Act of 2012, and the Iran Freedom and Counter-Proliferation Act of 2012 to eliminate authority to waive sanctions relating to: transportation of crude oil from Iran; financial institutions that engage in certain transactions; the financial sector of Iran; persons that support or conduct certain transactions with Iran's Revolutionary Guard Corps and other sanctioned persons; the sale, supply, or transfer of certain materials to or from Iran; the provision of underwriting services or insurance or reinsurance for activities or persons with respect to which sanctions have been imposed; and foreign financial institutions that facilitate financial transactions on behalf of specially designated nationals. Amends the Iran Threat Reduction and Syria Human Rights Act of 2012 to direct the President to prohibit any correspondent account or a payable-through account opened and maintained in the United States by a foreign financial institution that has knowingly conducted or facilitated any significant financial transaction, on or after July 31, 2012, for the purchase, acquisition, sale, transport, or marketing of petroleum, petroleum products, or petrochemical products from Iran. Requires the imposition on violators of specified sanctions under the Iran Sanctions Act of 1996. Directs the President to block and prohibit all transactions in property and interests in property in or that enter the United States (or the possession or control of a U.S. person) of any person that has, on or after July 31, 2012, materially assisted, sponsored, or provided financial support or related goods or services for the National Iranian Oil Company, the Naftiran Intertrade Company, or the Central Bank of Iran. Directs the President also to block and prohibit similar transactions involving the purchase or acquisition of U.S. bank notes or precious metals by the government of Iran. Amends the Iran Freedom and Counter-Proliferation Act of 2012 to direct the President to block and prohibit similar transactions involving any Iranian person included on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury. Directs the President to impose specified sanctions with respect to: (1) a person that has, on or after June 1, 2013, knowingly engaged in a significant financial transaction in connection with the automotive sector of Iran; (2) any related correspondent account or a payable-through account held by a foreign financial institution that has knowingly facilitated such a transaction; and (3) any foreign financial institution that has knowingly facilitated a significant financial transaction on behalf of any blocked person or specially designated Iranian national. Requires revision of the Federal Acquisition Regulation to require a certification from each prospective federal contractor that is part of the automotive sector of any foreign country, that the prospective contractor (and any person owned or controlled by it): (1) does not have a business relationship with the government of Iran; and (2) has not, in the previous 90 days, conducted any transaction with an Iranian person or any entity owned or controlled by one. Amends the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 to prohibit importation into the United States of refined petroleum products made using Iranian origin crude oil regardless of whether the crude oil was commingled with crude oil not of Iranian origin. Prohibits any regulatory exception to the prohibition on direct or indirect imports from Iran. Amends the National Defense Authorization Act for Fiscal Year 2012 with respect to sanctions on petroleum transactions. Directs the President to block and prohibit all activities or transactions that contribute materially, or pose a risk of material contribution, to the proliferation of weapons of mass destruction or the means to deliver them. Prohibits any obligation or expenditure of authorized appropriations for negotiations with Iran until a join resolution has been enacted making specified certifications. Prohibits the President from terminating Iran's designation as a state sponsor of terrorism unless: the President submits to Congress a notice of intent to terminate such designation and a required certification, and there is enacted into law a joint resolution approving the termination of the designation. Extends the Iran Sanctions Act of 1996.