111 
‘‘(c) CRIMINAL PENALTIES.—A person who willfully 
commits, attempts or conspires to commit, or aids or abets 
in the commission of, an unlawful act described in sub-
section (a) shall be fined not less than $1,000,000, impris-
oned for not more than 20 years, or both. A person other 
than a natural person shall be fined in an amount not 
less than the greater of half of the value of the transaction 
that is the basis of the violation or $10,000,000.’’. 
(b) EFFECTIVE DATE.—The amendments made by 
this section take effect on the date of the enactment of 
this Act and apply with respect to any violation of section 
206(a) of the International Emergency Economic Powers 
Act (50 U.S.C. 1705(a)) that occurs on or after such date 
of enactment. 
SEC. 604. EXCLUSION OF CERTAIN ACTIVITIES. 
Nothing in this Act or any amendment made by this 
Act shall apply to— 
(1) activities subject to the reporting require-
ments of title V of the National Security Act of 
1947; or 
(2) involving a natural gas development and 
pipeline project initiated prior to the date of enact-
ment of this Act— 
(A) to bring gas from Azerbaijan to Eu-
rope and Turkey;
112 
(B) in furtherance of a production sharing 
agreement or license awarded by a sovereign 
government, other than the Iranian govern-
ment, before the date of enactment of this Act; 
and 
(C) for the purpose of providing energy se-
curity and independence from Russia and other 
governments engaged in activities subject to 
sanctions under this Act. 
SEC. 605. REGULATORY AUTHORITY. 
(a) IN GENERAL.—The President shall, not later 
than 90 days after the date of the enactment of this Act, 
promulgate regulations as necessary for the implementa-
tion of this Act and the amendments made by this Act. 
(b) CONSULTATION WITH CONGRESS.—Not less than 
10 days prior to the promulgation of regulations under 
subsection (a), the President shall notify the appropriate 
congressional committees of the proposed regulations and 
the provisions of this Act and the amendments made by 
this Act that the regulations are implementing. 
SEC. 606. SUNSET. 
(a) SUNSET.—The provisions of this Act and the 
amendments made by this Act shall terminate, and shall 
cease to be effective, on the date that is 30 days after
113 
the date on which the President certifies to Congress that 
Iran— 
(1) has ceased and verifiably dismantled its ef-
forts to design, develop, manufacture, or acquire— 
(A) a nuclear explosive device or related 
materials and technology; 
(B) chemical and biological weapons; and 
(C) ballistic missiles and ballistic missile 
launch technology; 
(2) no longer provides support for acts of inter-
national terrorism; and 
(3) poses no threat to United States national 
security, interests, or allies. 
(b) NOTIFICATION.—The President shall notify the 
Committee on Foreign Affairs of the House of Representa-
tives and the Committee on Foreign Relations of the Sen-
ate not later than 15 days before making a certification 
described in subsection (a). 
Passed the House of Representatives December 14, 
2011. 
Attest: 
Clerk.
112TH CONGRESS 
1ST SESSION 
H. R. 1905 
AN ACT 
To strengthen Iran sanctions laws for the purpose 
of compelling Iran to abandon its pursuit of nu-
clear weapons and other threatening activities, 
and for other purposes.