erty and interests in property of a person deter-
mined by the President to be subject to sub-
section (a) 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) INADMISSIBILITY
OF
CERTAIN
INDI-
VIDUALS.— 
(i) INELIGIBILITY FOR VISAS, ADMIS-
SION, OR PAROLE.—A person determined 
by the President to be subject to sub-
section (a) is— 
(I) inadmissible to the United 
States; 
(II) ineligible to receive a visa or 
other documentation to enter the 
United States; and 
(III) otherwise ineligible to be 
admitted or paroled into the United 
States or to receive any other benefit 
under the Immigration and Nation-
ality Act (8 U.S.C. 1101 et seq.). 
(ii) CURRENT
VISAS
REVOKED.—A 
foreign person described in clause (i) is 
also subject to the following: 
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(I) Revocation of any visa or 
other entry documentation regardless 
of when the visa or other entry docu-
mentation is or was issued. 
(II) A revocation under subclause 
(I) shall take effect immediately and 
automatically cancel any other valid 
visa or entry documentation that is in 
the foreign person’s possession. 
(C) UNITED
STATES
PERSON.—In sub-
paragraph (A), the term ‘‘United States per-
son’’ means— 
(i) a United States citizen or an alien 
lawfully admitted for permanent residence 
to the United States; or 
(ii) an entity organized under the laws 
of the United States or of any jurisdiction 
within the United States, including a for-
eign branch of such an entity. 
(2) PENALTIES.—A person that violates, at-
tempts to violate, conspires to violate, or causes a 
violation of paragraph (1)(A) or any regulation, li-
cense, or order issued to carry out paragraph (1)(A) 
shall be subject to the penalties set forth in sub-
sections (b) and (c) of section 206 of the Inter-
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national Emergency Economic Powers Act (50 
U.S.C. 1705) to the same extent as a person that 
commits an unlawful act described in subsection (a) 
of that section. 
(3) EXCEPTIONS.— 
(A) EXCEPTION
FOR
INTELLIGENCE
AC-
TIVITIES.—Sanctions under this section shall 
not apply to any activity subject to the report-
ing requirements under title V of the National 
Security Act of 1947 (50 U.S.C. 3091 et seq.) 
or any authorized intelligence activities of the 
United States. 
(B) EXCEPTION TO COMPLY WITH INTER-
NATIONAL
OBLIGATIONS
AND
FOR
LAW
EN-
FORCEMENT
ACTIVITIES.—Sanctions 
under 
paragraph (1)(B) shall not apply to an alien if 
admitting the alien into the United States is 
necessary— 
(i) to permit the United States to 
comply with the Agreement regarding the 
Headquarters of the United Nations, 
signed at Lake Success June 26, 1947, 
and entered into force November 21, 1947, 
between the United Nations and the 
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United States, or other applicable inter-
national obligations; or 
(ii) to carry out or assist law enforce-
ment activities in the United States. 
(C) EXCEPTION RELATING TO THE IMPOR-
TATION OF GOODS.— 
(i) IN GENERAL.—The requirement to 
block and prohibit all transactions in all 
property and interests in property under 
paragraph (1)(A) shall not include the au-
thority to impose sanctions on the importa-
tion of goods. 
(ii) GOOD
DEFINED.—In this para-
graph, the term ‘‘good’’ means any article, 
natural or man-made substance, material, 
supply or manufactured product, including 
inspection and test equipment, and exclud-
ing technical data. 
(c) WAIVER.—The President may waive the applica-
tion of sanctions under subsection (b) with respect to a 
person if the President— 
(1) determines that such a waiver is in the na-
tional security interests of the United States; and 
(2) on or before the date on which the waiver 
takes effect, submits to the Committee on Foreign 
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Relations and the Committee on Banking, Housing, 
and Urban Affairs of the Senate and the Committee 
on Foreign Affairs and the Committee on Financial 
Services of the House of Representatives a notice of 
and a justification for the waiver. 
(d) REGULATORY AUTHORITY.—The President shall 
issue such regulations, licenses, and orders as are nec-
essary to carry out this section. 
Æ 
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