IIB 
118TH CONGRESS 
2D SESSION 
H. R. 4723 
IN THE SENATE OF THE UNITED STATES 
MARCH 20, 2024 
Received; read twice and referred to the Committee on Foreign Relations 
AN ACT 
To provide for the imposition of sanctions with respect to 
foreign persons undermining the Dayton Peace Agree-
ment or threatening the security of Bosnia and 
Herzegovina, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Upholding the Dayton 
Peace Agreement Through Sanctions Act’’. 
SEC. 2. STATEMENT OF POLICY. 
It is the policy of the United States— 
(1) to support Bosnia and Herzegovina’s sov-
ereignty, territorial integrity, multi-ethnic character 
and the prosperity of the Republika Srpska entity, 
the Federation of Bosnia and Herzegovina entity, 
and the Brcko District within one Bosnia and 
Herzegovina; 
(2) to support Bosnia and Herzegovina’s 
progress towards Euro-Atlantic integration; 
(3) to encourage officials in Bosnia and 
Herzegovina to resume institutional participation at 
all levels of government to advance functionality and 
common-sense reforms for greater prosperity; 
(4) to call on Bosnia and Herzegovina to imple-
ment the rulings of the European Court of Human 
Rights; 
(5) to support the robust use of targeted sanc-
tions against persons who undermine the Dayton 
Peace Agreement, as well as the democratic institu-
tions and Constitution of Bosnia and Herzegovina, 
to support peace and stability in that country; 
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(6) to urge the European Union to join the 
United States and United Kingdom in sanctioning 
Milorad Dodik, a member of the Presidency of Bos-
nia and Herzegovina, for his actions that undermine 
the stability and territorial integrity of Bosnia and 
Herzegovina; 
(7) to expose and condemn the Government of 
Russia for its role in fueling instability in Bosnia 
and Herzegovina and undermining the Dayton Peace 
Agreement, the role of the Office of the High Rep-
resentative, and the European Union Force in BiH’s 
Operation Althea; 
(8) to work with other regional states, including 
Serbia and Croatia, to support the territorial integ-
rity and stability of Bosnia and Herzegovina; and 
(9) to encourage the United States to use its 
voice and vote at the United Nations, the Peace Im-
plementation Council and its Steering Board, and 
other relevant international bodies to support the 
Office of the High Representative. 
SEC. 3. IMPOSITION OF SANCTIONS WITH RESPECT TO FOR-
EIGN PERSONS UNDERMINING THE DAYTON 
PEACE AGREEMENT OR THREATENING THE 
SECURITY OF BOSNIA AND HERZEGOVINA. 
(a) IMPOSITION OF SANCTIONS.— 
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(1) LIST REQUIRED.—Not later than 180 days 
after the date of the enactment of this Act, and 
every 180 days thereafter, the President shall sub-
mit to the appropriate congressional committees a 
list of foreign persons that are determined— 
(A) to be responsible for or complicit in, or 
to have directly or indirectly engaged in, any 
action or policy that threatens the peace, secu-
rity, stability, or territorial integrity of Bosnia 
and Herzegovina, including actions that seek to 
undermine 
the 
authority 
of 
Bosnia 
and 
Herzegovina’s state-level institutions, such as 
forming illegal parallel institutions or actions 
that threaten the Office of the High Represent-
ative; 
(B) to be responsible for or complicit in, or 
to have directly or indirectly engaged in, any 
action or policy that undermines democratic 
processes 
or 
institutions 
in 
Bosnia 
and 
Herzegovina; 
(C) to be responsible for or complicit in, or 
to have directly or indirectly engaged in, or to 
have attempted, a violation of, or an act that 
has obstructed or threatened the implementa-
tion of, the Dayton Peace Agreement or the 
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Conclusions of the Peace Implementation Con-
ference Council held in London in December 
1995, including the decisions or conclusions of 
the Office of the High Representative, the 
Peace Implementation Council, or its Steering 
Board; 
(D) to be a member, official, or senior 
leader of an illegal parallel institution or any 
other institution that engages in activities de-
scribed in subparagraph (A), (B) or (C), as de-
termined by the Secretary of State; 
(E) to be responsible for or complicit in, or 
to have directly or indirectly engaged in, or at-
tempted to engage in, corruption related to 
Bosnia and Herzegovina, including corruption 
by, on behalf of, or otherwise related to the gov-
ernment in Bosnia and Herzegovina, or a cur-
rent or former government official at any level 
of government in Bosnia and Herzegovina, such 
as the misappropriation of public assets, expro-
priation of private assets for personal gain or 
political purposes, corruption related to govern-
ment contracts or the extraction of natural re-
sources or bribery; 
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(F) to be an adult family member of any 
foreign person described in subparagraph (A), 
(B), (C), (D), or (E), unless the President de-
termines that the adult family member— 
(i) has condemned the activity or ac-
tivities of the foreign person described in 
any such subparagraph; and 
(ii) has taken tangible steps to oppose 
the activity or activities; 
(G) to have knowingly facilitated a signifi-
cant transaction or transactions for or on be-
half of a foreign person described in subpara-
graph (A), (B), (C), (D), or (E); 
(H) to be owned or controlled by, or to 
have acted or purported to act for or on behalf 
of, directly or indirectly, a foreign person de-
scribed in subparagraph (A), (B), (C), (D), or 
(E); or 
(I) to have knowingly materially assisted, 
sponsored, or provided financial, material, or 
technological support for, or goods or services 
to or in support of, a foreign person described 
in subparagraph (A), (B), (C), (D), or (E). 
(2) IMPOSITION OF SANCTIONS.—Upon the sub-
mission of each list required by paragraph (1), the 
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President shall impose the sanctions described in 
subsection (c) with respect to each foreign person 
identified on the list. 
(b) ADDITIONAL MEASURE RELATING TO FACILITA-
TION OF TRANSACTIONS.—The Secretary of the Treasury 
may, in consultation with the Secretary of State, prohibit 
or impose strict conditions on the opening or maintaining 
in the United States of a correspondent account or pay-
able-through account by a foreign financial institution 
that the President determines has, on or after the date 
of the enactment of this Act, knowingly conducted or fa-
cilitated a significant transaction or transactions on behalf 
of a foreign person on the list required by subsection 
(a)(1). 
(c) SANCTIONS
DESCRIBED.—The sanctions de-
scribed in this subsection are the following: 
(1) PROPERTY
BLOCKING.—Notwithstanding 
the requirements of section 202 of the International 
Emergency Economic Powers Act (50 U.S.C. 1701), 
the President may exercise of all powers granted to 
the President by that Act to the extent necessary to 
block and prohibit all transactions in all property 
and interests in property of the foreign person if 
such property and interests in property are in the 
United States, come within the United States, or are 
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or come within the possession or control of a United 
States person. 
(2) ALIENS INADMISSIBLE FOR VISAS, ADMIS-
SION, OR PAROLE.— 
(A) IN GENERAL.—An alien on the list re-
quired by subsection (a)(1) is— 
(i) inadmissible to the United States; 
(ii) ineligible for a visa or travel to the 
United States; and 
(iii) otherwise ineligible to be admitted 
or paroled into the United States or to re-
ceive any other benefit under the Immigra-
tion and Nationality Act (8 U.S.C. 1101 et 
seq.). 
(B) CURRENT VISAS REVOKED.— 
(i) IN GENERAL.—The visa or other 
documentation issued to an alien on the 
list required by subsection (a)(1) shall be 
revoked, regardless of when such visa or 
other documentation is or was issued. 
(ii) EFFECT OF REVOCATION.—A visa 
or other entry documentation revoked 
under clause (i) shall, in accordance with 
section 221(i) of the Immigration and Na-
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tionality Act (8 U.S.C. 1201(i)), no longer 
be valid for travel to the United States. 
(d) EXCEPTIONS.— 
(1) EXCEPTION FOR INTELLIGENCE, LAW EN-
FORCEMENT, 
AND
NATIONAL
SECURITY
ACTIVI-
TIES.—Sanctions under this section shall not apply 
to any authorized intelligence, law enforcement, or 
national security activities of the United States. 
(2) EXCEPTION TO COMPLY WITH UNITED NA-
TIONS
HEADQUARTERS
AGREEMENT.—Sanctions 
under subsection (c)(2) shall not apply with respect 
to the admission of an alien to the United States if 
the admission of the alien is necessary to permit the 
United States to comply with the Agreement regard-
ing the Headquarters of the United Nations, signed 
at Lake Success June 26, 1947, and entered into 
force November 21, 1947, between the United Na-
tions and the United States, the Convention on Con-
sular Relations, done at Vienna April 24, 1963, and 
entered into force March 19, 1967, or other applica-
ble international obligations. 
(3) EXCEPTION RELATING TO THE PROVISION 
OF
HUMANITARIAN
ASSISTANCE.—Sanctions under 
this section may not be imposed with respect to 
transactions or the facilitation of transactions for— 
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(A) the sale of agricultural commodities, 
food, medicine, or medical devices; 
(B) the provision of humanitarian assist-
ance; 
(C) financial transactions relating to hu-
manitarian assistance or for humanitarian pur-
poses; and 
(D) transporting goods or services that are 
necessary to carry out operations relating to 
humanitarian assistance or humanitarian pur-
poses. 
(4) EXCEPTION RELATING TO THE IMPORTA-
TION OF GOODS.— 
(A) IN GENERAL.—The authorities and re-
quirements under this section shall not include 
the authority or a requirement to impose sanc-
tions on the importation of goods. 
(B) GOOD DEFINED.—In this section, the 
term ‘‘good’’ means any article, natural or man-
made substance, material, supply, or manufac-
tured product, including inspection and test 
equipment, and excluding technical data. 
(e) WAIVER.—The President may, on a case-by-case 
basis and for periods not to exceed 180 days each, waive 
the application of sanctions or restrictions imposed with 
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respect to a foreign person under this section if the Presi-
dent certifies to the appropriate congressional committees 
not later than 15 days before such waiver is to take effect 
that the waiver is vital to the national security interests 
of the United States. 
(f) REGULATIONS.— 
(1) IN
GENERAL.—The President shall, not 
later than 180 days after the date of the enactment 
of this Act, prescribe regulations as necessary for 
the implementation of this Act. 
(2) NOTIFICATION
TO
CONGRESS.—Not later 
than 10 days before the prescription of regulations 
under paragraph (1), the President shall notify the 
appropriate congressional committees regarding the 
proposed regulations and the provisions of this Act 
that the regulations are implementing. 
(g) IMPLEMENTATION.—The President may exercise 
all authorities provided under sections 203 and 205 of the 
International Emergency Economic Powers Act (50 
U.S.C. 1702 and 1704) to carry out this Act. 
(h) PENALTIES.—The penalties provided for in sub-
sections (b) and (c) of section 206 of the International 
Emergency Economic Powers Act (50 U.S.C. 1705) shall 
apply to a person that violates, attempts to violate, con-
spires to violate, or causes a violation of regulations pre-
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scribed to carry out this Act to the same extent that such 
penalties apply to a person that commits an unlawful act 
described in subsection (a) of such section 206. 
(i) TERMINATION
OF SANCTIONS.—The President 
may terminate the application of sanctions under this sec-
tion with respect to a foreign person if the President deter-
mines and reports to the appropriate congressional com-
mittees not later than 15 days before the termination of 
the sanctions that— 
(1) credible information exists that the foreign 
person did not engage in the activity for which sanc-
tions were imposed; 
(2) the foreign person has been prosecuted and 
sentenced appropriately for the activity for which 
sanctions were imposed; or 
(3) the foreign person has credibly dem-
onstrated a significant change in behavior, has paid 
an appropriate consequence for the activity for 
which sanctions were imposed, and has credibly com-
mitted to not engage in an activity described in sub-
section (a)(1) in the future. 
SEC. 4. CODIFICATION OF SANCTIONS RELATING TO THE 
WESTERN BALKANS. 
(a) IN GENERAL.—Each sanction imposed through 
Executive orders described in subsection (b), including 
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each sanction imposed with respect to a person under such 
an Executive order, as of the date of the enactment of 
this Act, shall remain in effect, except as provided in sub-
section (c). 
(b) EXECUTIVE ORDERS SPECIFIED.—The Executive 
orders specified in this subsection are— 
(1) Executive Order 13219 (50 U.S.C. 1701 
note; relating to blocking property of persons who 
threaten international stabilization efforts in the 
Western Balkans), as in effect on the date of the en-
actment of this Act; and 
(2) Executive Order 14033 (50 U.S.C. 1701 
note; relating to blocking property and suspending 
entry into the United States of certain persons con-
tributing to the destabilizing situation in the West-
ern Balkans), as in effect on such date of enact-
ment. 
(c) TERMINATION OF SANCTIONS.—The President 
may terminate the application of a sanction described in 
subsection (a) with respect to a person if the President 
certifies to the appropriate congressional committees 
that— 
(1) such person— 
(A) is not engaging in the activity that was 
the basis for such sanctions; or 
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(B) has taken significant verifiable steps 
toward stopping such activity; and 
(2) the President has received reliable assur-
ances that such person will not knowingly engage in 
activity subject to such sanctions in the future. 
(d) SANCTIONS RELATING TO THE IMPORTATION OF 
GOODS UNCHANGED.—This section may not be construed 
to create any new authorities or requirements related to 
sanctions on the importation of goods. 
SEC. 5. CONSIDERATION OF CERTAIN INFORMATION IN IM-
POSING SANCTIONS. 
(a) IN GENERAL.—Not later than 60 days after re-
ceiving a request from the chairman and ranking member 
of one of the appropriate congressional committees with 
respect to whether a person or foreign person, as the case 
may be, meets the criteria of a person described in section 
3(a)(1) or a person described in Executive Order 13219 
or Executive Order 14033 as provided for in section 4(b), 
or any Executive order issued pursuant to this Act or 
under the Balkans regulatory regime, the President 
shall— 
(1) determine if the person or foreign person, 
as the case may be, meets such criteria; and 
(2) submit a classified or unclassified report to 
such chairman and ranking member with respect to 
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such determination that includes a statement of 
whether or not the President imposed or intends to 
impose sanctions with respect to such person or for-
eign person. 
(b) SUNSET.—This section shall terminate on the 
date that is 5 years after the date of enactment of this 
Act. 
SEC. 6. DEFINITIONS. 
In this Act: 
(1) ADMITTED; ALIEN.—The terms ‘‘admitted’’ 
and ‘‘alien’’ have the meanings given those terms in 
section 101 of the Immigration and Nationality Act 
(8 U.S.C. 1101). 
(2) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means— 
(A) the Committee on Foreign Affairs and 
the Committee on Financial Services of the 
House of Representatives; and 
(B) the Committee on Foreign Relations 
and the Committee on Banking, Housing, and 
Urban Affairs of the Senate. 
(3) 
CORRESPONDENT
ACCOUNT; 
PAYABLE- 
THROUGH ACCOUNT.—The terms ‘‘correspondent ac-
count’’ and ‘‘payable-through account’’ have the 
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meanings given those terms in section 5318A of title 
31, United States Code. 
(4) DAYTON
PEACE
AGREEMENT.—The term 
‘‘Dayton Peace Agreement’’, also known as the 
‘‘Dayton Accords’’, means the General Framework 
Agreement for Peace in Bosnia and Herzegovina, 
initialed by the parties in Dayton, Ohio, on Novem-
ber 21, 1995, and signed in Paris on December 14, 
1995. 
(5) FOREIGN
FINANCIAL
INSTITUTION.—The 
term ‘‘foreign financial institution’’ has the meaning 
of that term as determined by the Secretary of the 
Treasury by regulation. 
(6) FOREIGN PERSON.—The term ‘‘foreign per-
son’’ means a person that is not a United States 
person. 
(7) ILLEGAL
PARALLEL
INSTITUTION.—The 
term ‘‘illegal parallel institution’’ means an agency, 
structure, or instrumentality at the Republika 
Srpska entity level that disrupts the authority of the 
state-level institutions of Bosnia and Herzegovina 
and undermines its constitutional order. 
(8) KNOWINGLY.—The term ‘‘knowingly’’, with 
respect to conduct, a circumstance, or a result, 
means that a person has actual knowledge, or should 
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have known, of the conduct, the circumstance, or the 
result. 
(9) PERSON.—The term ‘‘person’’ means an in-
dividual or entity. 
(10) UNITED
STATES
PERSON.—The term 
‘‘United States person’’ means— 
(A) a United States citizen or an alien law-
fully admitted to the United States for perma-
nent residence; 
(B) an entity organized under the laws of 
the United States or any jurisdiction within the 
United States, including a foreign branch of 
such an entity; or 
(C) any person in the United States. 
SEC. 7. SUNSET. 
This Act and the authorities provided by this Act 
shall terminate on the date that is 7 years after the date 
of the enactment of this Act. 
Passed the House of Representatives March 19, 
2024. 
Attest: 
KEVIN F. MCCUMBER, 
Clerk. 
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