(b) QUARTERLY REPORTS.—Not later than 60 days 
after the date of the enactment of this Act, and every 90 
days thereafter, the head of the applicable department or 
agency of the Federal Government shall submit to the ap-
propriate congressional committees a report on the oper-
ation of the licensing system under each covered regu-
latory provision as defined in subsection (c) for the pre-
ceding 2-year period, including— 
(1) the number and types of licenses applied 
for; 
(2) the number and types of licenses approved; 
(3) a summary of each license approved; 
(4) a summary of transactions conducted pur-
suant to a general license; 
(5) the average amount of time elapsed from 
the date of filing of a license application until the 
date of its approval; 
(6) the extent to which the licensing procedures 
were effectively implemented; and 
(7) a description of comments received from in-
terested parties about the extent to which the licens-
ing procedures were effective, after the applicable 
department or agency holds a public 30-day com-
ment period. 
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(c) DEFINITION.—In this section, the term ‘‘covered 
regulatory provision’’ means any provision of part 535, 
560, 561, or 1060 of title 31, Code of Federal Regula-
tions, and in EAR 742 and 746 related to Iran, as such 
parts were in effect on the date of enactment of this Act. 
SEC. 112. STRICT LIABILITY OF PARENT COMPANIES AND 
FOREIGN SUBSIDIARIES FOR VIOLATIONS OF 
FOREIGN CORRUPT PRACTICES ACT OF 1977. 
Section 218 of the Iran Threat Reduction and Syria 
Human Rights Act of 2012 (22 U.S.C. 8725) is amended 
by adding at the end the following: 
‘‘(e) STRICT LIABILITY OF PARENT COMPANIES AND 
FOREIGN SUBSIDIARIES FOR VIOLATIONS OF FOREIGN 
CORRUPT PRACTICES ACT OF 1977.—The President shall 
prohibit a United States person or an entity owned, con-
trolled, or beneficially owned by a United States person 
and established or maintained outside the United States 
from engaging in any transaction directly or indirectly 
with the Government of Iran or any person subject to the 
jurisdiction of the Government of Iran that is authorized 
pursuant to a general license under part 560 of title 31, 
Code of Federal Regulations if the transaction were en-
gaged in by a United States person or in the United States 
and would violate any provision of the Foreign Corrupt 
Practices Act of 1977.’’. 
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SEC. 113. EXPANSION OF SANCTIONS WITH RESPECT TO EF-
FORTS BY IRAN TO ACQUIRE BALLISTIC MIS-
SILE AND RELATED TECHNOLOGY. 
(a) CERTAIN PERSONS.—Section 1604(a) of the 
Iran-Iraq Arms Non-Proliferation Act of 1992 (Public 
Law 102–484; 50 U.S.C. 1701 note) is amended by insert-
ing ‘‘, to acquire ballistic missile or related technology,’’ 
after ‘‘nuclear weapons’’. 
(b) FOREIGN COUNTRIES.—Section 1605(a) of the 
Iran-Iraq Arms Non-Proliferation Act of 1992 (Public 
Law 102–484; 50 U.S.C. 1701 note) is amended, in the 
matter preceding paragraph (1), by inserting ‘‘, to acquire 
ballistic missile or related technology,’’ after ‘‘nuclear 
weapons’’. 
SEC. 114. EXPANSION OF SANCTIONS UNDER IRAN SANC-
TIONS ACT OF 1996 WITH RESPECT TO PER-
SONS THAT ACQUIRE OR DEVELOP BAL-
LISTIC MISSILES. 
Section 5(b)(1)(B) of the Iran Sanctions Act of 1996 
(Public Law 104–172; 50 U.S.C. 1701 note) is amend-
ed— 
(1) in clause (i), by striking ‘‘would likely’’ and 
inserting ‘‘may’’; and 
(2) in clause (ii)— 
(A) in subclause (I), by striking ‘‘; or’’ and 
inserting a semicolon; 
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(B) by redesignating subclause (II) as sub-
clause (III); and 
(C) by inserting after subclause (I) the fol-
lowing: 
‘‘(II) acquire or develop ballistic missiles 
and the capability to launch ballistic missiles; 
or’’. 
SEC. 115. IMPOSITION OF SANCTIONS WITH RESPECT TO 
BALLISTIC MISSILE PROGRAM OF IRAN. 
(a) IN GENERAL.—Title II of the Iran Threat Reduc-
tion and Syria Human Rights Act of 2012 (22 U.S.C. 
8721 et seq.) is amended by adding at the end the fol-
lowing: 
‘‘Subtitle C—Measures Relating To 
Ballistic Missile Program Of Iran 
‘‘SEC. 231. DEFINITIONS. 
‘‘(a) IN GENERAL.—In this subtitle: 
‘‘(1) AGRICULTURAL
COMMODITY.—The term 
‘agricultural commodity’ has the meaning given that 
term in section 102 of the Agricultural Trade Act of 
1978 (7 U.S.C. 5602). 
‘‘(2) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘appropriate congressional com-
mittees’ means the committees specified in section 
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14(2) of the Iran Sanctions Act of 1996 (Public 
Law 104–172; 50 U.S.C. 1701 note). 
‘‘(3) CORRESPONDENT
ACCOUNT; 
PAYABLE- 
THROUGH ACCOUNT.—The terms ‘correspondent ac-
count’ and ‘payable-through account’ have the mean-
ings given those terms in section 5318A of title 31, 
United States Code. 
‘‘(4) FOREIGN FINANCIAL INSTITUTION.—The 
term ‘foreign financial institution’ has the meaning 
of that term as determined by the Secretary of the 
Treasury pursuant to section 104(i) of the Com-
prehensive Iran Sanctions, Accountability, and Di-
vestment Act of 2010 (22 U.S.C. 8513(i)). 
‘‘(5) GOVERNMENT.—The term ‘Government’, 
with respect to a foreign country, includes any agen-
cies or instrumentalities of that Government and any 
entities controlled by that Government. 
‘‘(6) MEDICAL DEVICE.—The term ‘medical de-
vice’ has the meaning given the term ‘device’ in sec-
tion 201 of the Federal Food, Drug, and Cosmetic 
Act (21 U.S.C. 321). 
‘‘(7) MEDICINE.—The term ‘medicine’ has the 
meaning given the term ‘drug’ in section 201 of the 
Federal Food, Drug, and Cosmetic Act (21 U.S.C. 
321). 
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‘‘(b) DETERMINATIONS OF SIGNIFICANCE.—For pur-
poses of this subtitle, in determining if financial trans-
actions or financial services are significant, the President 
may consider the totality of the facts and circumstances, 
including factors similar to the factors set forth in section 
561.404 of title 31, Code of Federal Regulations (or any 
corresponding similar regulation or ruling). 
‘‘SEC. 232. IMPOSITION OF SANCTIONS WITH RESPECT TO 
PERSONS THAT SUPPORT THE BALLISTIC 
MISSILE PROGRAM OF IRAN. 
‘‘(a) IDENTIFICATION OF PERSONS.— 
‘‘(1) IN GENERAL.—Not later than 120 days 
after the date of the enactment of the Maximum 
Pressure Act, and not less frequently than once 
every 180 days thereafter, the President shall sub-
mit to the appropriate congressional committees a 
report identifying persons that have provided mate-
rial support to the Government of Iran in the devel-
opment of the ballistic missile program or drone pro-
gram of Iran. 
‘‘(2) ELEMENTS.—Each report required by 
paragraph (1) shall include the following: 
‘‘(A) 
An 
identification 
of 
persons 
(disaggregated by Iranian and non-Iranian per-
sons) with respect to which there is credible evi-
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‘‘(3) CLASSIFIED
ANNEX.—Each report re-
quired by paragraph (1) shall be submitted in un-
classified form, but may contain a classified annex. 
‘‘(b) BLOCKING OF PROPERTY.—Not later than 15 
days after submitting a report required by subsection 
(a)(1), the President shall, in accordance with the Inter-
national Emergency Economic Powers Act (50 U.S.C. 
1701 et seq.), block and prohibit all transactions in all 
property and interests in property of any person specified 
in such report that engages in activities described in 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. 
‘‘(c) EXCLUSION FROM UNITED STATES.— 
‘‘(1) IN GENERAL.—Except as provided in para-
graph (2), the Secretary of State shall deny a visa 
to, and the Secretary of Homeland Security shall ex-
clude from the United States, any alien subject to 
blocking of property and interests in property under 
subsection (b). 
‘‘(2) COMPLIANCE
WITH
UNITED
NATIONS 
HEADQUARTERS AGREEMENT.—Paragraph (1) shall 
not apply to the head of state of Iran, or necessary 
staff of that head of state, if admission to the 
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United States is necessary 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 No-
vember 21, 1947, between the United Nations and 
the United States. 
‘‘(d) 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 Presi-
dent determines knowingly, on or after the date that is 
180 days after the date of the enactment of the Maximum 
Pressure Act, conducts or facilitates a significant financial 
transaction for a person subject to blocking of property 
and interests in property under subsection (b). 
‘‘SEC. 233. BLOCKING OF PROPERTY OF PERSONS AFFILI-
ATED WITH CERTAIN IRANIAN ENTITIES. 
‘‘(a) BLOCKING OF PROPERTY.— 
‘‘(1) IN GENERAL.—The President shall, in ac-
cordance with the International Emergency Eco-
nomic Powers Act (50 U.S.C. 1701 et seq.), block 
and prohibit all transactions in all property and in-
terests in property of any person described in para-
graph (2) if such property and interests in property 
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are in the United States, come within the United 
States, or are or come within the possession or con-
trol of a United States person. 
‘‘(2) PERSONS
DESCRIBED.—A person de-
scribed in this paragraph is— 
‘‘(A) an entity that is owned or con-
trolled— 
‘‘(i) by the Aerospace Industries Or-
ganization, the Shahid Hemmat Industrial 
Group, the Shahid Bakeri Industrial 
Group, or any agent or affiliate of such or-
ganization or group; or 
‘‘(ii) collectively by a group of individ-
uals that hold an interest in the Aerospace 
Industries 
Organization, 
the 
Shahid 
Hemmat Industrial Group, the Shahid 
Bakeri Industrial Group, or any agent or 
affiliate of such organization or group, 
even if none of those individuals hold a 25 
percent or greater interest in the entity; or 
‘‘(B) a person that owns or controls an en-
tity described in subparagraph (A). 
‘‘(b) FACILITATION OF CERTAIN TRANSACTIONS.— 
The President shall prohibit the opening, and prohibit or 
impose strict conditions on the maintaining, in the United 
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States of a correspondent account or a payable-through 
account by a foreign financial institution that the Presi-
dent determines knowingly, on or after the date that is 
180 days after the date of the enactment of the Maximum 
Pressure Act, conducts or facilitates a significant financial 
transaction for a person subject to blocking of property 
and interests in property under subsection (a). 
‘‘(c) IRAN MISSILE PROLIFERATION WATCH LIST.— 
‘‘(1) IN
GENERAL.—Not later than 90 days 
after the date of the enactment of the Maximum 
Pressure Act, and not less frequently than annually 
thereafter, the Secretary of the Treasury shall sub-
mit to the appropriate congressional committees and 
publish in the Federal Register a list of— 
‘‘(A) each entity in which the Aerospace 
Industries Organization, the Shahid Hemmat 
Industrial Group, the Shahid Bakeri Industrial 
Group, or any agent or affiliate of such organi-
zation or group has an ownership interest of 
more than 0 percent and less than 25 percent; 
‘‘(B) each entity in which the Aerospace 
Industries Organization, the Shahid Hemmat 
Industrial Group, the Shahid Bakeri Industrial 
Group, or any agent or affiliate of such organi-
zation or group does not have an ownership in-
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terest but maintains a presence on the board of 
directors of the entity or otherwise influences 
the actions, policies, or personnel decisions of 
the entity; and 
‘‘(C) each person that owns or controls an 
entity described in subparagraph (A) or (B). 
‘‘(2) REFERENCE.—The list required by para-
graph (1) may be referred to as the ‘Iran Missile 
Proliferation Watch List’. 
‘‘(d) COMPTROLLER GENERAL REPORT.— 
‘‘(1) IN GENERAL.—The Comptroller General of 
the United States shall— 
‘‘(A) conduct a review of each list required 
by subsection (c)(1); and 
‘‘(B) not later than 180 days after each 
such list is submitted to the appropriate con-
gressional committees under that subsection, 
submit to the appropriate congressional com-
mittees a report on the review conducted under 
subparagraph (A) that includes a list of persons 
not included in that list that qualify for inclu-
sion in that list, as determined by the Comp-
troller General. 
‘‘(2) CONSULTATIONS.—In preparing the report 
required by paragraph (1)(B), the Comptroller Gen-
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eral shall consult with nongovernmental organiza-
tions. 
‘‘SEC. 234. IMPOSITION OF SANCTIONS WITH RESPECT TO 
CERTAIN PERSONS INVOLVED IN BALLISTIC 
MISSILE ACTIVITIES. 
‘‘(a) CERTIFICATION.—Not later than 120 days after 
the date of the enactment of the Maximum Pressure Act, 
and not less frequently than once every 180 days there-
after, the President shall submit to the appropriate con-
gressional committees a certification that each person list-
ed in an annex of United Nations Security Council Resolu-
tion 1737 (2006), 1747 (2007), or 1929 (2010) is not di-
rectly or indirectly facilitating, supporting, or involved 
with the development of or transfer to Iran of ballistic mis-
siles or technology, parts, components, or technology infor-
mation relating to ballistic missiles. 
‘‘(b) BLOCKING OF PROPERTY.—If the President is 
unable to make a certification under subsection (a) with 
respect to a person and the person is not currently subject 
to sanctions with respect to Iran under any other provision 
of law, the President shall, not later than 15 days after 
that certification would have been required under that 
subsection— 
‘‘(1) in accordance with the International 
Emergency Economic Powers Act (50 U.S.C. 1701 
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et seq.), block and prohibit all transactions in all 
property and interests in property of that person 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; and 
‘‘(2) publish in the Federal Register a report 
describing the reason why the President was unable 
to make a certification with respect to that person. 
‘‘(c) EXCLUSION FROM UNITED STATES.— 
‘‘(1) IN GENERAL.—Except as provided in para-
graph (2), the Secretary of State shall deny a visa 
to, and the Secretary of Homeland Security shall ex-
clude from the United States, any alien subject to 
blocking of property and interests in property under 
subsection (b). 
‘‘(2) COMPLIANCE
WITH
UNITED
NATIONS 
HEADQUARTERS AGREEMENT.—Paragraph (1) shall 
not apply to the head of state of Iran, or necessary 
staff of that head of state, if admission to the 
United States is necessary 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 No-
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vember 21, 1947, between the United Nations and 
the United States. 
‘‘(d) 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 Presi-
dent determines knowingly, on or after the date that is 
180 days after the date of the enactment of the Maximum 
Pressure Act, conducts or facilitates a significant financial 
transaction for a person subject to blocking of property 
and interests in property under subsection (b). 
‘‘SEC. 235. IMPOSITION OF SANCTIONS WITH RESPECT TO 
CERTAIN SECTORS OF IRAN THAT SUPPORT 
THE BALLISTIC MISSILE PROGRAM OF IRAN. 
‘‘(a) LIST OF SECTORS.— 
‘‘(1) IN GENERAL.—Not later than 120 days 
after the date of the enactment of the Maximum 
Pressure Act, and not less frequently than once 
every 180 days thereafter, the President shall sub-
mit to the appropriate congressional committees and 
publish in the Federal Register a list of the sectors 
of the economy of Iran that are directly or indirectly 
facilitating, supporting, or involved with the develop-
ment of or transfer to Iran of ballistic missiles or 
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technology, parts, components, or technology infor-
mation relating to ballistic missiles. 
‘‘(2) CERTAIN SECTORS.— 
‘‘(A) IN
GENERAL.—Not later than 120 
days after the date of enactment of the Max-
imum Pressure Act, the President shall submit 
to the appropriate congressional committees a 
determination as to whether each of the chem-
ical, computer science, construction, electronic, 
metallurgy, mining, research (including univer-
sities and research institutions), and tele-
communications sectors of Iran meet the cri-
teria specified in paragraph (1). 
‘‘(B) INCLUSION IN INITIAL LIST.—If the 
President determines under subparagraph (A) 
that the sectors of the economy of Iran speci-
fied in such subparagraph meet the criteria 
specified in paragraph (1), that sector shall be 
included in the initial list submitted and pub-
lished under that paragraph. 
‘‘(b) SANCTIONS WITH RESPECT TO SPECIFIED SEC-
TORS OF IRAN.— 
‘‘(1) BLOCKING OF PROPERTY.—The President 
shall, in accordance with the International Emer-
gency Economic Powers Act (50 U.S.C. 1701 et 
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seq.), block and prohibit all transactions in all prop-
erty and interests in property of any person de-
scribed in paragraph (4) if such property and inter-
ests in property are in the United States, come with-
in the United States, or are or come within the pos-
session or control of a United States person. 
‘‘(2) EXCLUSION FROM UNITED STATES.— 
‘‘(A) IN GENERAL.—Except as provided in 
subparagraph (B), the Secretary of State shall 
deny a visa to, and the Secretary of Homeland 
Security shall exclude from the United States, 
any alien that is a person described in para-
graph (4). 
‘‘(B) COMPLIANCE WITH UNITED NATIONS 
HEADQUARTERS
AGREEMENT.—Subparagraph 
(A) shall not apply to the head of state of Iran, 
or necessary staff of that head of state, if ad-
mission to the United States is necessary 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 
United States. 
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‘‘(3) 
FACILITATION
OF
CERTAIN
TRANS-
ACTIONS.—Except as provided in this section, 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 pay-
able-through account by a foreign financial institu-
tion that the President determines knowingly, on or 
after the date that is 180 days after the date of the 
enactment of the Maximum Pressure Act, conducts 
or facilitates a significant financial transaction for a 
person described in paragraph (4). 
‘‘(4) PERSONS
DESCRIBED.—A person is de-
scribed in this paragraph if the President determines 
that the person, on or after the date that is 180 
days after the date of the enactment of the Max-
imum Pressure Act— 
‘‘(A) operates in a sector of the economy 
of Iran included in the most recent list pub-
lished by the President under subsection (a); 
‘‘(B) knowingly provides significant finan-
cial, material, technological, or other support to, 
or goods or services in support of, any activity 
or transaction on behalf of or for the benefit of 
a person described in subparagraph (A); or 
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‘‘(C) is owned or controlled by a person de-
scribed in subparagraph (A). 
‘‘(c) HUMANITARIAN EXCEPTION.—The President 
may not impose sanctions under this section with respect 
to any person for conducting or facilitating a transaction 
for the sale of agricultural commodities, food, medicine, 
or medical devices to Iran or for the provision of humani-
tarian assistance to the people of Iran. 
‘‘SEC. 236. IDENTIFICATION OF FOREIGN PERSONS THAT 
SUPPORT THE BALLISTIC MISSILE PROGRAM 
OF IRAN IN CERTAIN SECTORS OF IRAN. 
‘‘(a) IN GENERAL.—Not later than 120 days after 
the date of the enactment of the Maximum Pressure Act, 
and not less frequently than annually thereafter, the 
President shall submit to the appropriate congressional 
committees and publish in the Federal Register a list of 
all foreign persons that have, based on credible informa-
tion, directly or indirectly facilitated, supported, or been 
involved with the development of ballistic missiles or tech-
nology, parts, components, or technology information re-
lated to ballistic missiles in the following sectors of the 
economy of Iran during the period specified in subsection 
(b): 
‘‘(1) Chemical. 
‘‘(2) Computer Science. 
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‘‘(3) Construction. 
‘‘(4) Electronic. 
‘‘(5) Metallurgy. 
‘‘(6) Mining. 
‘‘(7) Petrochemical. 
‘‘(8) Research (including universities and re-
search institutions). 
‘‘(9) Telecommunications. 
‘‘(10) Any other sector of the economy of Iran 
identified under section 235(a). 
‘‘(b) PERIOD SPECIFIED.—The period specified in 
this subsection is— 
‘‘(1) with respect to the first list submitted 
under subsection (a), the period beginning on the 
date of the enactment of the Maximum Pressure Act 
and ending on the date that is 120 days after such 
date of enactment; and 
‘‘(2) with respect to each subsequent list sub-
mitted under such subsection, the one year period 
preceding the submission of the list. 
‘‘(c) COMPTROLLER GENERAL REPORT.— 
‘‘(1) IN GENERAL.—With respect to each list 
submitted under subsection (a), not later than 120 
days after the list is submitted under that sub-
section, the Comptroller General of the United 
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States shall submit to the appropriate congressional 
committees— 
‘‘(A) an assessment of the processes fol-
lowed by the President in preparing the list; 
‘‘(B) an assessment of the foreign persons 
included in the list; and 
‘‘(C) a list of persons not included in the 
list that qualify for inclusion in the list, as de-
termined by the Comptroller General. 
‘‘(2) CONSULTATIONS.—In preparing the report 
required by paragraph (1), the Comptroller General 
shall consult with nongovernmental organizations. 
‘‘(d) CREDIBLE INFORMATION DEFINED.—In this 
section, the term ‘credible information’ has the meaning 
given that term in section 14 of the Iran Sanctions Act 
of 1996 (Public Law 104–172; 50 U.S.C. 1701 note).’’. 
SEC. 116. MANDATORY SANCTIONS WITH RESPECT TO FI-
NANCIAL INSTITUTIONS THAT ENGAGE IN 
CERTAIN TRANSACTIONS ON BEHALF OF 
PERSONS 
INVOLVED 
IN 
HUMAN 
RIGHTS 
ABUSES OR THAT EXPORT SENSITIVE TECH-
NOLOGY TO IRAN. 
(a) IN GENERAL.—Section 104(c)(2) of the Com-
prehensive Iran Sanctions, Accountability, and Divestment 
Act of 2010 (22 U.S.C. 8513(c)(2)) is amended— 
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(1) in subparagraph (D), by striking ‘‘or’’ at 
the end; 
(2) in subparagraph (E), by striking the period 
at the end and inserting ‘‘; or’’; and 
(3) by adding at the end the following: 
‘‘(F) facilitates a significant transaction or 
transactions or provides significant financial 
services for a person that is subject to sanctions 
under section 105(c), 105A(c), 105B(c), or 
105C(a);’’. 
(b) EFFECTIVE DATE.—The amendments made by 
subsection (a) take effect on the date of the enactment 
of this Act and apply with respect to any activity described 
in subparagraph (F) of section 104(c)(2) of the Com-
prehensive Iran Sanctions, Accountability, and Divestment 
Act of 2010, as added by subsection (a)(3), initiated on 
or after the date that is 90 days after such date of enact-
ment. 
(c) REGULATIONS.—Not later than 90 days after the 
date of the enactment of this Act, the Secretary of the 
Treasury shall prescribe regulations to carry out the 
amendments made by subsection (a). 
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SEC. 117. ADDITIONAL SANCTIONS WITH RESPECT TO FOR-
EIGN PERSONS THAT SUPPORT OR CONDUCT 
CERTAIN TRANSACTIONS WITH IRAN’S REVO-
LUTIONARY GUARD CORPS OR OTHER SANC-
TIONED PERSONS. 
(a) IDENTIFICATION.—Section 302(a)(1) of the Iran 
Threat Reduction and Syria Human Rights Act of 2012 
(22 U.S.C. 8742(a)(1)) is amended— 
(1) in the matter preceding subparagraph (A), 
by striking ‘‘Not later than 90 days after the date 
of the enactment of this Act, and every 180 days 
thereafter,’’ and inserting ‘‘Not later than 60 days 
after the date of the enactment of the Maximum 
Pressure Act, and every 60 days thereafter,’’; 
(2) in subparagraph (B), by inserting ‘‘, provide 
significant financial services to, or provide material 
support to’’ after ‘‘transactions with’’; and 
(3) in subparagraph (C)— 
(A) in the matter preceding clause (i), by 
inserting ‘‘, provide significant financial services 
to, or provide material support to’’ after ‘‘trans-
actions with’’; 
(B) in clause (i), by striking ‘‘or’’ at the 
end; 
(C) in clause (ii), by striking the period at 
the end and inserting a semicolon; and 
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(D) by inserting after clause (i) the fol-
lowing: 
‘‘(iii) a person designated as a foreign 
terrorist organization under section 219(a) 
of the Immigration and Nationality Act (8 
U.S.C. 1189(a)) or that has provided sup-
port for an act of international terrorism 
(as defined in section 14 of the Iran Sanc-
tions Act of 1996 (Public Law 104–172; 
50 U.S.C. 1701 note)); or 
‘‘(iv) a foreign person whose property 
and access to property has been blocked 
pursuant to Executive Order 13224 (Sep-
tember 23, 2001; relating to blocking prop-
erty and prohibiting transactions with per-
sons who commit, threaten to commit, or 
support terrorism).’’. 
(b) IMPOSITION OF SANCTIONS.—Section 302(b) of 
the Iran Threat Reduction and Syria Human Rights Act 
of 2012 (22 U.S.C. 8742(b)) is amended by striking ‘‘the 
President—’’ and all that follows and inserting ‘‘the Presi-
dent shall, in accordance with the International Emer-
gency Economic Powers Act (50 U.S.C. 1701 et seq.), 
block and prohibit all transactions in property and inter-
ests in property with respect to such foreign person if such 
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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 per-
son.’’. 
TITLE II—MATTERS RELATING 
TO THE FINANCING OF TER-
RORISM 
SEC. 201. PROHIBITIONS OF INTERNATIONAL MONETARY 
FUND ALLOCATIONS FOR IRAN. 
Section 6(b) of the Special Drawing Rights Act (22 
U.S.C. 286q(b)) is amended by adding at the end the fol-
lowing: 
‘‘(3) Notwithstanding any other provision of 
law, no funds shall be appropriated to allocate Spe-
cial Drawing Rights under Article XVII, sections 2 
and 3, of the Articles of Agreement of the Fund to 
the Islamic Republic of Iran.’’. 
SEC. 202. CERTIFICATION REQUIREMENT FOR REMOVAL 
OF DESIGNATION OF IRAN AS A JURISDIC-
TION OF PRIMARY MONEY LAUNDERING CON-
CERN. 
(a) IN GENERAL.—The President may not rescind a 
final rule (as in effect on the day before the date of the 
enactment of this Act) that provides for the designation 
of Iran as a jurisdiction of primary money laundering con-
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cern pursuant to section 5318A of title 31, United States 
Code, unless the President submits to the appropriate con-
gressional committees a certification described in sub-
section (b) with respect to Iran. 
(b) CERTIFICATION.—The President may only re-
scind a preliminary draft rule or final rule described in 
subsection (a) if the President submits to the appropriate 
congressional committees the certification required in sec-
tion 8 of the Iran Sanctions Act of 1996 (50 U.S.C. 1701 
note) as amended by this Act. 
(c) FORM.—The certification described in subsection 
(b) shall be submitted in unclassified form, but may con-
tain a classified annex. 
(d) DEFINITION.—In this section, the term ‘‘appro-
priate congressional committees’’ means— 
(1) the Committee on Foreign Affairs and the 
Committee on Financial Services of the House of 
Representatives; and 
(2) the Committee on Banking, Housing, and 
Urban Affairs of the Senate. 
SEC. 203. REQUIREMENT TO TAKE SPECIAL MEASURES AT 
DOMESTIC FINANCIAL INSTITUTIONS. 
(a) IN GENERAL.—The Secretary of the Treasury 
shall require domestic financial institutions and domestic 
financial agencies to take one or more of the special meas-
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ures described under section 5318A(b) of title 31, United 
States Code, with respect to a financial institution oper-
ating outside of the United States, if the Secretary deter-
mines that the financial institution operating outside of 
the United States knowingly conducts a significant trans-
action in connection with the Instrument in Support of 
Trade Exchanges, or any successor to such Instrument. 
(b) WAIVER.—During the 2-year period beginning on 
the date of the enactment of this Act, the President may, 
for periods not to exceed 180 days, waive the application 
of subsection (a) of this section with respect to a financial 
institution if the President certifies to the appropriate con-
gressional committees that such a waiver is in the national 
security interests of the United States. 
(c) DEFINITIONS.—In this section, the terms ‘‘do-
mestic financial institution’’, ‘‘domestic financial agency’’, 
and ‘‘financial institution’’ have the meaning given those 
terms, respectively, under section 5312 of title 31, United 
States Code. 
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SEC. 204. ADDITIONAL SANCTIONS WITH RESPECT TO FOR-
EIGN 
PERSONS 
THAT 
ARE 
OFFICIALS, 
AGENTS, OR AFFILIATES OF, OR OWNED OR 
CONTROLLED BY, IRAN’S REVOLUTIONARY 
GUARD CORPS. 
(a) IN GENERAL.—Section 301(a) of the Iran Threat 
Reduction and Syria Human Rights Act of 2012 (22 
U.S.C. 8741(a)) is amended— 
(1) in the matter preceding paragraph (1), by 
striking ‘‘Not later than 90 days after the date of 
the enactment of this Act, and as appropriate there-
after,’’ and inserting ‘‘Not later than 180 days after 
the date of the enactment of the Maximum Pressure 
Act, and every 180 days thereafter,’’; 
(2) in paragraph (1)— 
(A) by inserting ‘‘, or owned or controlled 
by,’’ after ‘‘affiliates of’’; and 
(B) by striking ‘‘and’’ at the end; 
(3) in paragraph (2), by striking the period at 
the end and inserting ‘‘; and’’; and 
(4) by adding at the end the following: 
‘‘(3) identify foreign persons with respect to 
which there is a reasonable basis to determine that 
the foreign persons have, directly or indirectly, at-
tempted to conduct one or more sensitive trans-
actions or activities described in subsection (c) for or 
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on behalf of a foreign person described in paragraph 
(1).’’. 
(b) PRIORITY FOR INVESTIGATION; DETERMINATION 
AND REPORT.—Section 301(b) of the Iran Threat Reduc-
tion and Syria Human Rights Act of 2012 (22 U.S.C. 
8741(b)) is amended to read as follows: 
‘‘(b) PRIORITY
FOR INVESTIGATION; DETERMINA-
TION AND REPORT.— 
‘‘(1) PRIORITY FOR INVESTIGATION.—In identi-
fying foreign persons pursuant to subsection (a)(1) 
as officials, agents, or affiliates of Iran’s Revolu-
tionary Guard Corps, the President shall inves-
tigate— 
‘‘(A) foreign persons or entities identified 
under section 560.304 of title 31, Code of Fed-
eral Regulations (relating to the definition of 
the Government of Iran); 
‘‘(B) foreign persons for which there is a 
reasonable basis to find that the person has 
conducted or attempted to conduct one or more 
sensitive transactions or activities described in 
subsection (c); and 
‘‘(C) foreign persons listed under the head-
ings ‘Attachment 3’ or ‘Attachment 4’ in Annex 
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A of United Nations Security Council Resolu-
tion 2231, adopted on July 20, 2015. 
‘‘(2) DETERMINATION AND REPORT.— 
‘‘(A) DETERMINATION.— 
‘‘(i) IN
GENERAL.—The President 
shall determine whether each foreign per-
son on the list described in clause (ii) is a 
foreign person that is owned or controlled 
by Iran’s Revolutionary Guard Corps. 
‘‘(ii) LIST.—The list of foreign per-
sons described in this clause are the fol-
lowing: 
‘‘(I) 
The 
Telecommunication 
Company of Iran. 
‘‘(II) The Mobile Telecommuni-
cation Company of Iran. 
‘‘(III) The Calcimin Public Com-
pany. 
‘‘(IV) The Iran Tractor Manufac-
turing Company of Iran. 
‘‘(V) The Iran Zinc Mines Devel-
opment Company. 
‘‘(VI) The National Iranian Lead 
and Zinc Company. 
‘‘(VII) Ghadir Investment. 
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‘‘(VIII) The Parisian Oil & Gas 
Development Company. 
‘‘(IX) The Pardus Petrochemical 
Company. 
‘‘(X) The Chariots Petrochemical 
Company. 
‘‘(XI) The Tabriz Oil Refinery. 
‘‘(XII) 
Kermanshah 
Petro-
chemical Industries. 
‘‘(B) REPORT.— 
‘‘(i) IN GENERAL.—Not later than 90 
days after the date of the enactment of 
this subsection, and not later 1 year there-
after, the President shall submit to the ap-
propriate congressional committees a re-
port on the determinations made under 
subparagraph (A) together with the rea-
sons for those determinations. 
‘‘(ii) 
FORM.—A 
report 
submitted 
under clause (i) shall be submitted in un-
classified form but may contain a classified 
annex.’’. 
(c) SENSITIVE TRANSACTIONS AND ACTIVITIES DE-
SCRIBED.—Section 301(c) of the Iran Threat Reduction 
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and Syria Human Rights Act of 2012 (22 U.S.C. 8741(c)) 
is amended— 
(1) in paragraph (1)— 
(A) by striking ‘‘$1,000,000’’ and inserting 
‘‘$500,000’’; and 
(B) by inserting ‘‘Iranian financial institu-
tion or’’ after ‘‘involving a’’; 
(2) by redesignating paragraphs (3), (4), and 
(5) as paragraphs (6), (7), and (8), respectively; and 
(3) by inserting after paragraph (2) the fol-
lowing new paragraphs: 
‘‘(3) a transaction to provide material support 
for an organization designated as a foreign terrorist 
organization under section 219(a) of the Immigra-
tion and Nationality Act (8 U.S.C. 1189(a)) or sup-
port for an act of international terrorism (as defined 
in section 14 of the Iran Sanctions Act of 1996 
(Public Law 104–172; 50 U.S.C. 1701 note)); 
‘‘(4) a transaction to provide material support 
to a foreign person whose property and access to 
property has been blocked pursuant to Executive 
Order 13224 (September 23, 2001; relating to 
blocking property and prohibiting transactions with 
persons who commit, threaten to commit, or support 
terrorism); 
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‘‘(5) a transaction to provide material support 
for the Government of Syria or any agency or in-
strumentality thereof;’’. 
(d) REGULATIONS, IMPLEMENTATION, PENALTIES, 
AND DEFINITIONS.—Section 301 of the Iran Threat Re-
duction and Syria Human Rights Act of 2012 (22 U.S.C. 
8741) is amended— 
(1) by redesignating subsection (f) as sub-
section (h); and 
(2) by inserting after subsection (e) the fol-
lowing new subsections: 
‘‘(e) PENALTIES.—A person that violates, attempts 
to violate, conspires to violate, or causes a violation of sub-
section (a) or any regulation, license, or order issued to 
carry out subsection (a) shall be subject to the penalties 
set forth in subsections (b) and (c) of section 206 of the 
International 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. 
‘‘(f) DEFINITIONS.—In this section: 
‘‘(1) FOREIGN PERSON.—The term ‘foreign per-
son’ means— 
‘‘(A) an individual who is not a United 
States person; 
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‘‘(B) a corporation, partnership, or other 
nongovernmental entity which is not a United 
States person; or 
‘‘(C) any representative, agent or instru-
mentality of, or an individual working on behalf 
of a foreign government. 
‘‘(2) IRAN’S REVOLUTIONARY GUARD CORPS.— 
The term ‘Iran’s Revolutionary Guard Corps’ in-
cludes any senior foreign political figure (as defined 
in section 1010.605 of title 31, Code of Federal 
Regulations) of Iran’s Revolutionary Guard Corps. 
‘‘(3) OWN
OR
CONTROL.—The term ‘own or 
control’ means, with respect to an entity— 
‘‘(A) to hold more than 25 percent of the 
equity interest by vote or value in the entity; 
‘‘(B) to hold a majority of seats on the 
board of directors of the entity; or 
‘‘(C) to otherwise control the actions, poli-
cies, or personnel decisions of the entity. 
‘‘(4) UNITED
STATES
PERSON.—The term 
‘United States person’ means— 
‘‘(A) a United States citizen or an alien 
lawfully admitted for permanent residence to 
the United States; or 
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‘‘(B) an entity organized under the laws of 
the United States or of any jurisdiction within 
the United States, including a foreign branch of 
such an entity.’’. 
(e) CONFORMING AND CLERICAL AMENDMENTS.— 
The Iran Threat Reduction and Syria Human Rights Act 
of 2012 (22 U.S.C. 8701 et seq.) is amended— 
(1) by striking the heading of section 301 and 
inserting the following: 
‘‘SEC. 301. IDENTIFICATION OF, AND IMPOSITION OF SANC-
TIONS WITH RESPECT TO, FOREIGN PERSONS 
THAT ARE OFFICIALS, AGENTS OR AFFILI-
ATES OF, OR OWNED OR CONTROLLED BY, 
IRAN’S REVOLUTIONARY GUARD CORPS.’’; 
and 
(2) in the table of contents, by striking the item 
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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SEC. 205. ADDITIONAL SANCTIONS WITH RESPECT TO FOR-
EIGN PERSONS THAT SUPPORT OR CONDUCT 
CERTAIN TRANSACTIONS WITH IRAN’S REVO-
LUTIONARY GUARD CORPS OR OTHER SANC-
TIONED PERSONS. 
(a) IDENTIFICATION.—Section 302(a)(1) of the Iran 
Threat Reduction and Syria Human Rights Act of 2012 
(22 U.S.C. 8742(a)(1))— 
(1) in subparagraph (B)— 
(A) by inserting ‘‘, provide significant fi-
nancial services to, or provide material support 
to’’ after ‘‘transactions with’’; and 
(B) by striking ‘‘or’’ at the end; 
(2) in subparagraph (C)— 
(A) in the matter preceding clause (i), by 
inserting ‘‘, provide significant financial services 
to, or provide material support to’’ after ‘‘trans-
actions with’’; 
(B) in clause (i), by striking ‘‘or’’ at the 
end; and 
(C) by striking clause (ii) and inserting the 
following: 
‘‘(ii) a person or entity designated as 
foreign terrorist organizations under sec-
tion 219(a) of the Immigration and Na-
tionality Act (8 U.S.C. 1189(a)) or that 
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has provided support for an act of inter-
national terrorism (as defined in section 14 
of the Iran Sanctions Act of 1996 (Public 
Law 104–172; 50 U.S.C. 1701 note)); or 
‘‘(iii) a foreign person whose property 
and access to property has been blocked 
pursuant to Executive Order 13224 (Sep-
tember 23, 2001; relating to blocking prop-
erty and prohibiting transactions with per-
sons who commit, threaten to commit, or 
support terrorism); or’’; and 
(3) by adding at the end the following: 
‘‘(D) a person acting on behalf of or at the 
direction of, or owned or controlled (as that 
term is defined in section 301) by, a person de-
scribed in subparagraph (A), (B), or (C).’’. 
(b) IMPOSITION OF SANCTIONS.—Section 302(b) of 
the Iran Threat Reduction and Syria Human Rights Act 
of 2012 (22 U.S.C. 8742(b)) is amended by striking ‘‘the 
President—’’ and all that follows and inserting ‘‘the Presi-
dent shall block and prohibit all transactions in property 
and interests in property with respect to such foreign per-
son if such property and interests in property are in the 
United States, come within the United States, or are or 
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come within the possession or control of a United States 
person.’’. 
SEC. 206. REPORTS ON CERTAIN IRANIAN PERSONS AND 
SECTORS OF IRAN’S ECONOMY THAT ARE 
CONTROLLED BY IRAN’S REVOLUTIONARY 
GUARD CORPS. 
(a) STATEMENT OF POLICY.—It shall be the policy 
of the United States to fully implement and enforce sanc-
tions against Iran’s Revolutionary Guard Corps, including 
its officials, agents, and affiliates. 
(b) IN GENERAL.—Subtitle B of title III of the Iran 
Threat Reduction and Syria Human Rights Act of 2012 
(Public Law 112–158; 126 Stat. 1247) is amended by 
adding at the end the following: 
‘‘SEC. 313. REPORT ON CERTAIN IRANIAN PERSONS. 
‘‘(a) IN GENERAL.—Not later than 180 days after 
the date of the enactment of this section, and annually 
thereafter for a period not to exceed three years, the Presi-
dent shall submit to the appropriate congressional com-
mittees a report that contains the following: 
‘‘(1) A list of foreign persons listed on the 
Tehran Stock Exchange and, with respect to each 
such foreign person— 
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‘‘(A) an identification of the sector of 
Iran’s economy in which the foreign person is 
located; and 
‘‘(B) a determination of whether or not 
Iran’s Revolutionary Guard Corps or any for-
eign persons that are officials, agents, or affili-
ates of Iran’s Revolutionary Guard Corps, di-
rectly or indirectly, owns or controls the foreign 
person. 
‘‘(2) A list of foreign persons that are operating 
business enterprises in Iran that have a valuation of 
more than $100,000,000 and, with respect to each 
such foreign person— 
‘‘(A) an identification of the sector of 
Iran’s economy in which the foreign person is 
located; and 
‘‘(B) a determination of whether or not 
Iran’s Revolutionary Guard Corps or any for-
eign persons that are officials, agents, or affili-
ates of Iran’s Revolutionary Guard Corps, di-
rectly or indirectly owns or controls the foreign 
person. 
‘‘(3) A list of Iranian financial institutions that 
have a valuation of more than $10,000,000 and, 
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with respect to each such Iranian financial institu-
tion— 
‘‘(A) an identification of the sector of 
Iran’s economy in which the institution is lo-
cated; and 
‘‘(B) a determination of whether or not— 
‘‘(i) the institution has knowingly fa-
cilitated a significant transaction directly 
or indirectly for, or on behalf of, Iran’s 
Revolutionary Guard Corps during the 2- 
year period beginning on the date of the 
enactment of this section; or 
‘‘(ii) 
Iran’s 
Revolutionary 
Guard 
Corps or any foreign persons that are offi-
cials, agents, or affiliates of Iran’s Revolu-
tionary Guard Corps, directly or indirectly, 
owns or controls the institution. 
‘‘(b) FORM OF REPORT; PUBLIC AVAILABILITY.— 
‘‘(1) FORM.—The report required by paragraph 
(1) shall be submitted in unclassified form but may 
contain a classified annex. 
‘‘(2) PUBLIC AVAILABILITY.—The unclassified 
portion of the report required by paragraph (1) shall 
be posted on a publicly-available Internet website of 
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100 
the Department of the Treasury and a publicly-avail-
able Internet website of the Department of State. 
‘‘(c) DEFINITIONS.—In this section: 
‘‘(1) FOREIGN PERSON.—The term ‘foreign per-
son’ means— 
‘‘(A) an individual who is not a United 
States person; 
‘‘(B) a corporation, partnership, or other 
nongovernmental entity which is not a United 
States person; or 
‘‘(C) any representative, agent or instru-
mentality of, or an individual working on behalf 
of a foreign government. 
‘‘(2) IRAN’S REVOLUTIONARY GUARD CORPS.— 
The term ‘Iran’s Revolutionary Guard Corps’ in-
cludes any senior foreign political figure (as defined 
in section 1010.605 of title 31, Code of Federal 
Regulations) of Iran’s Revolutionary Guard Corps. 
‘‘(3) IRANIAN
FINANCIAL
INSTITUTION.—The 
term ‘Iranian financial institution’ means— 
‘‘(A) a financial institution organized 
under the laws of Iran or any jurisdiction with-
in Iran, including a foreign branch of such an 
institution; 
‘‘(B) a financial institution located in Iran; 
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101 
‘‘(C) a financial institution, wherever lo-
cated, owned or controlled by the Government 
of Iran; or 
‘‘(D) a financial institution, wherever lo-
cated, owned or controlled by a financial insti-
tution described in subparagraph (A), (B), or 
(C). 
‘‘(4) OWN
OR
CONTROL.—The term ‘own or 
control’ has the meaning given such term in section 
301. 
‘‘(5) SIGNIFICANT
TRANSACTION.—A trans-
action shall be determined to be a ‘significant trans-
action’ in accordance with section 561.404 of title 
31, Code of Federal Regulations. 
‘‘(6) UNITED
STATES
PERSON.—The term 
‘United States person’ means— 
‘‘(A) a United States citizen or an alien 
lawfully admitted for permanent residence to 
the United States; or 
‘‘(B) an entity organized under the laws of 
the United States or of any jurisdiction within 
the United States, including a foreign branch of 
such an entity. 
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102 
‘‘SEC. 314. REPORT ON SECTORS OF IRAN’S ECONOMY THAT 
ARE 
CONTROLLED 
BY 
IRAN’S 
REVOLU-
TIONARY GUARD CORPS. 
‘‘(a) IN GENERAL.—Not later than 180 days after 
the date of enactment of this section, and every 180 days 
thereafter, the President shall submit to the appropriate 
congressional committees a report that identifies each sec-
tor of Iran’s economy described in subsection (b). 
‘‘(b) SECTORS OF IRAN’S ECONOMY DESCRIBED.— 
‘‘(1) IN GENERAL.—The sectors of Iran’s econ-
omy described in this subsection are each sector in 
which 20 or more of any of the Iranian financial in-
stitutions or foreign persons described in paragraph 
(2) are located in such sector. 
‘‘(2) IRANIAN
FINANCIAL
INSTITUTIONS
AND 
FOREIGN PERSONS DESCRIBED.—The Iranian finan-
cial institutions and foreign persons described in this 
subsection are the following: 
‘‘(A) Iranian financial institutions listed 
under section 313(a)(1)(B)(ii). 
‘‘(B) Foreign persons listed under section 
313(a)(2)(B). 
‘‘(C) Foreign persons listed under section 
313(a)(3)(B).’’. 
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103 
TITLE III—MATTERS RELATING 
TO 
THE 
DESIGNATION 
OF 
CERTAIN ENTITIES 
SEC. 301. PROHIBITION ON FUTURE WAIVERS AND LI-
CENSES CONNECTED TO THE DESIGNATION 
OF THE IRGC. 
Beginning on the date of the enactment of this Act, 
all waivers and licenses in effect as of such date issued 
by the President pursuant to the designation of the Is-
lamic Revolutionary Guard Corps under Executive Order 
13224 (50 U.S.C. 1701 note; relating to blocking property 
and prohibiting transactions with persons who commit, 
threaten to commit, or support terrorism) shall remain in 
effect, and the President may not issue a new waiver or 
license with respect to any activity connected to the Is-
lamic Revolutionary Guard Corps, until the date on which 
the President makes the certification to Congress pursu-
ant to section 8 of the Iran Sanctions Act of 1996 (50 
U.S.C. 1701 note) as amended by this Act. 
SEC. 302. PROHIBITION ON FUTURE WAIVERS AND LI-
CENSES CONNECTED TO THE DESIGNATION 
OF THE IRGC AS A FOREIGN TERRORIST OR-
GANIZATION. 
The Secretary of State may not remove the designa-
tion of the Islamic Revolutionary Guard Corps as a foreign 
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104 
terrorist organization pursuant to section 219 of the Im-
migration and Nationality Act (8 U.S.C. 1189) unless the 
President makes the certification to Congress pursuant to 
section 8 of the Iran Sanctions Act of 1996 (50 U.S.C. 
1701 note) as amended by this Act. The waiver issued 
by the Secretary of State pursuant to the Notice of Deter-
mination published on April 24, 2019 (84 Fed. Reg. 
17227; relating to material support for certain foreign 
governmental sub-entities), shall remain in effect, and the 
President may not issue a new waiver or license with re-
spect to any activity connected to the designation of the 
Islamic Revolutionary Guard Corps, until the date on 
which the President makes the certification to Congress 
pursuant to section 8 of the Iran Sanctions Act of 1996 
(50 U.S.C. 1701 note) as amended by this Act. 
SEC. 303. MEASURES WITH RESPECT TO ANSARALLAH IN 
YEMEN. 
(a) SENSE OF CONGRESS.—It is the sense of the Con-
gress that the designation of the Ansarallah in Yemen 
(otherwise known as the ‘‘Houthis’’) as a foreign terrorist 
organization by former Secretary of State Mike Pompeo, 
which took effect on January 19, 2021, was an essential 
step to hold Iran’s proxies accountable. 
(b) FINDINGS.—Congress finds the following: 
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(1) The Houthis are armed, trained, and ad-
vised by the Islamic Revolutionary Guard Corps, an 
entity designated as a foreign terrorist organization 
pursuant to section 219 of the Immigration and Na-
tionality Act (8 U.S.C. 1189). 
(2) According to former Secretary of State 
Mike Pompeo, the Houthis are responsible for a 
number of terrorist acts, ‘‘including cross-border at-
tacks threatening civilian populations, infrastruc-
ture, and commercial shipping.’’. 
(c) DESIGNATION REQUIRED.—Not later than 10 
days after the date of the enactment of this Act, the Sec-
retary of State shall designate Ansarallah, otherwise 
known as ‘‘Houthis’’, as a foreign terrorist organization 
under section 219 of the Immigration and Nationality Act 
(8 U.S.C. 1189). 
(d) LISTING REQUIRED.—Not later than 10 days 
after the date of the enactment of this Act, the Secretary 
of the Treasury shall place Ansarallah, otherwise known 
as ‘‘Houthis,’’ on the list of Specially Designated Nation-
als and Blocked Persons maintained by the Office of For-
eign Asset Control of the Department of the Treasury. 
(e) REVIVAL OF FORMER WAIVERS.—Beginning on 
the date that is 10 days after the date of the enactment 
of this Act, all licenses and waivers issued in relation to 
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106 
the designation of Ansarallah as a Foreign Terrorist Orga-
nization or its placement on the list of Specially Des-
ignated Nationals and Blocked Persons that were in effect 
as of January 20, 2021, shall return to force and remain 
in effect as long as Ansarallah is designated as a foreign 
terrorist organization and remains on the list of Specially 
Designated Nationals and Blocked Persons. 
(f) LIMITATION ON FUTURE WAIVER AUTHORITY.— 
Except as provided in subsection (e), no waiver or license 
with respect to the designation of Ansarallah under this 
section may be issued. 
TITLE IV—DETERMINATIONS 
AND REPORTS 
SEC. 401. DETERMINATIONS WITH RESPECT TO THE IMPO-
SITION OF SANCTIONS. 
(a) DETERMINATION.—Not later than 90 days after 
the date of the enactment of this Act, the Secretary of 
State shall submit to the appropriate congressional com-
mittees a determination, including a detailed justification, 
on whether Kata’ib Sayyid al-Shuhada, Kata’ib al-Imam 
Ali, Saraya Khorasani, and the Badr Corps, and any for-
eign person that is an official, agent, affiliate of, or owned 
or controlled by Kata’ib Sayyid al-Shuhada, Kata’ib al- 
Imam Ali, Saraya Khorasani, or the Badr Corps, meets 
the criteria for— 
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107 
(1) designation as a foreign terrorist organiza-
tion pursuant to section 219 of the Immigration and 
Nationality Act (8 U.S.C. 1189); 
(2) the application of sanctions pursuant to Ex-
ecutive Order 13224 (50 U.S.C. 1701 note; relating 
to blocking property and prohibiting transactions 
with persons who commit, threaten to commit, or 
support terrorism); or 
(3) the application of sanctions pursuant to the 
Caesar Syria Civilian Protection Act of 2019 (22 
U.S.C. 8791 note). 
(b) FORM.—The determination in subsection (a) shall 
be submitted in unclassified form but may contain a classi-
fied annex. 
(c) APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED.—In this section, the term ‘‘appropriate congres-
sional committees’’ means— 
(1) the Committee on Armed Services, the 
Committee on Foreign Affairs, the Permanent Select 
Committee on Intelligence, the Committee on Finan-
cial Services, and the Committee on the Judiciary of 
the House of Representatives; and 
(2) the Committee on Armed Services, the 
Committee on Foreign Relations, the Select Com-
mittee on Intelligence, the Committee on Banking, 
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108 
Housing, and Urban Affairs, and the Committee on 
the Judiciary of the Senate. 
SEC. 402. IRANIAN MILITIA WATCHLISTS. 
(a) IN GENERAL.—The Secretary of State shall an-
nually maintain and publish a list of armed groups, mili-
tias, or proxy forces in Iraq receiving logistical, military, 
or financial assistance from Islamic Revolutionary Guard 
Corps or over which the Islamic Revolutionary Guard 
Corps exerts any form of control or influence. 
(b) PUBLICATION.—The list required under sub-
section (a) shall be published concurrently with the Annual 
Country Reports on Terrorism required to be submitted 
pursuant to section 140 of the Foreign Relations Author-
ization Act, Fiscal Years 1988 and 1989 (22 U.S.C. 
2656f), beginning with the first such Country Reports 
published after the date of the enactment of this Act. 
(c) FORM.—The Secretary may, not later than 30 
days after publication of the Annual Country Reports on 
Terrorism in accordance with subsection (b), submit to the 
Committee on Foreign Affairs of the House of Representa-
tives and the Committee on Foreign Relations of the Sen-
ate a classified annex with respect to the list required 
under subsection (a). 
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109 
SEC. 403. EXPANSION OF REPORTING TO INCLUDE IRANIAN 
ARMS SHIPMENTS TO THE HOUTHIS AND IRA-
NIAN BACKED MILITIAS IN IRAQ AND SYRIA. 
(a) SENSE OF CONGRESS.—It is the sense of the Con-
gress that Iran’s influence and activities in Yemen are a 
threat to the national security of the United States and 
its regional partners, including Israel and Saudi Arabia, 
and that the United States must stand with Israel and 
Gulf allies against Houthi aggression in Yemen. 
(b) 
REPORTING
REQUIREMENTS.—Section 
103(b)(6)(A) of the Countering America’s Adversaries 
Through Sanctions Act (22 U.S.C. 9402(b)(6)(A)) is 
amended by inserting ‘‘Ansarallah, also known as the 
Houthis, Iranian backed militias in Iraq and Syria, or,’’ 
after ‘‘bound for’’. 
SEC. 404. ANNUAL REPORT ON IRAN SANCTIONS VIOLA-
TIONS. 
(a) REPORTING REQUIREMENT.—Not later than 30 
days after the enactment of this Act, and annually there-
after, the Secretary of the State, in consultation with the 
Secretary of the Treasury, shall submit to the appropriate 
congressional committees a report that includes a list of 
each person not currently subject to United States sanc-
tions that the Secretary determines is in violation of— 
(1) this Act or the amendments made by this 
Act; 
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110 
(2) the Iran Sanctions Act of 1996 (Public Law 
104–172; 50 U.S.C. 1701 note); 
(3) the Comprehensive Iran Sanctions, Account-
ability, and Divestment Act of 2010 (22 U.S.C. 
8501 et seq.); 
(4) section 1245 of the National Defense Au-
thorization Act for Fiscal Year 2012 (22 U.S.C. 
8513a); 
(5) the Iran Threat Reduction and Syria 
Human Rights Act of 2012 (22 U.S.C. 8701 et 
seq.); 
(6) the Iran Freedom and Counter-Proliferation 
Act of 2012 (22 U.S.C. 8801 et seq.); 
(7) the International Emergency Economic 
Powers Act (50 U.S.C. 1701 note); or 
(8) any other statute or Executive order that 
requires or authorizes the imposition of sanctions 
with respect to Iran. 
(b) FORM.—Each report required by paragraph (1) 
shall be submitted in unclassified form but may include 
a classified annex. 
(c) APPROPRIATE CONGRESSIONAL COMMITTEES DE-
FINED.—In this section, the term ‘‘appropriate congres-
sional committees’’ means— 
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(1) the Committee on Foreign Affairs and the 
Committee on Financial Services of the House of 
Representatives; and 
(2) the Committee on Foreign Relations and 
the Committee on Banking, Housing, and Urban Af-
fairs of the Senate. 
SEC. 405. REPORT ON SANCTIONS RELIEF GOING TO TER-
RORISM OR DESTABILIZING ACTIVITIES. 
(a) REPORTING REQUIREMENT.—Not later than 180 
days after the enactment of this Act, and annually there-
after, the Secretary of the State, in consultation with the 
Secretary of the Treasury, shall submit to the appropriate 
congressional committees a report describing— 
(1) the status of United States sanctions on 
Iran; 
(2) the reimposition and renewed enforcement 
of secondary sanctions on Iran; 
(3) the impact such sanctions have had on 
Iran’s support for terrorism including Hamas, 
Hezbollah, Palestinian Islamic Jihad, and other for-
eign terrorist organizations; 
(4) the impact such sanctions have had on 
Iran’s military budget, including the budget of the 
Islamic Revolutionary Guard Corps; 
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