I 
118TH CONGRESS 
2D SESSION 
H. R. 8038 
To authorize the President to impose certain sanctions with respect to Russia 
and Iran, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 17, 2024 
Mr. MCCAUL introduced the following bill; which was referred to the Com-
mittee on Foreign Affairs, and in addition to the Committees on Finan-
cial Services, the Judiciary, Ways and Means, Armed Services, the Budg-
et, Rules, Energy and Commerce, and Transportation and Infrastructure, 
for a period to be subsequently determined by the Speaker, in each case 
for consideration of such provisions as fall within the jurisdiction of the 
committee concerned 
A BILL 
To authorize the President to impose certain sanctions with 
respect to Russia and Iran, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘21st Century Peace 
through Strength Act’’. 
SEC. 2. TABLE OF CONTENTS. 
Sec. 1. Short title. 
Sec. 2. Table of contents. 
Sec. 3. References. 
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DIVISION A—FEND OFF FENTANYL ACT 
Sec. 3001. Short titles. 
Sec. 3002. Sense of Congress. 
Sec. 3003. Definitions. 
TITLE I—SANCTIONS MATTERS 
Subtitle A—Sanctions in Response to National Emergency Relating to 
Fentanyl Trafficking 
Sec. 3101. Finding; policy. 
Sec. 3102. Use of national emergency authorities; reporting. 
Sec. 3103. Imposition of sanctions with respect to fentanyl trafficking by 
transnational criminal organizations. 
Sec. 3104. Penalties; waivers; exceptions. 
Sec. 3105. Treatment of forfeited property of transnational criminal organiza-
tions. 
Subtitle B—Other Matters 
Sec. 3111. Ten-year statute of limitations for violations of sanctions. 
Sec. 3112. Classified report and briefing on staffing of office of foreign assets 
control. 
Sec. 3113. Report on drug transportation routes and use of vessels with mis-
labeled cargo. 
Sec. 3114. Report on actions of People’s Republic of China with respect to per-
sons involved in fentanyl supply chain. 
TITLE II—ANTI-MONEY LAUNDERING MATTERS 
Sec. 3201. Designation of illicit fentanyl transactions of sanctioned persons as 
of primary money laundering concern. 
Sec. 3202. Treatment of transnational criminal organizations in suspicious 
transactions reports of the financial crimes enforcement net-
work. 
Sec. 3203. Report on trade-based money laundering in trade with Mexico, the 
People’s Republic of China, and Burma. 
TITLE III—EXCEPTION RELATING TO IMPORTATION OF GOODS 
Sec. 3301. Exception relating to importation of goods. 
DIVISION B—REBUILDING ECONOMIC PROSPERITY AND 
OPPORTUNITY FOR UKRAINIANS ACT 
TITLE I—REBUILDING ECONOMIC PROSPERITY AND 
OPPORTUNITY FOR UKRAINIANS ACT 
Sec. 1. Short title; table of contents. 
Sec. 2. Definitions. 
TITLE II—REPURPOSING OF RUSSIAN SOVEREIGN ASSETS 
Sec. 101. Findings; sense of Congress. 
Sec. 102. Sense of Congress regarding importance of the Russian Federation 
providing compensation to Ukraine. 
Sec. 103. Prohibition on release of blocked Russian sovereign assets. 
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Sec. 104. Authority to ensure compensation to Ukraine using seized Russian 
sovereign assets and Russian aggressor state sovereign assets. 
Sec. 105. International mechanism to use Russian sovereign assets and Russian 
aggressor state sovereign assets to provide for the reconstruc-
tion of Ukraine. 
Sec. 106. Report on use of transferred Russian sovereign assets for reconstruc-
tion. 
Sec. 107. Assessment by Secretary of State and Administrator of USAID on 
reconstruction and rebuilding needs of Ukraine. 
Sec. 108. Extensions. 
DIVISION C—OTHER MATTERS 
Sec. 1. Report and imposition of sanctions to harmonize with allied sanctions. 
DIVISION D—PROTECTING AMERICANS FROM FOREIGN 
ADVERSARY CONTROLLED APPLICATIONS ACT 
Sec. 1. Short title. 
Sec. 2. Prohibition of foreign adversary controlled applications. 
Sec. 3. Judicial review. 
DIVISION E—PROTECTING AMERICANS’ DATA FROM FOREIGN 
ADVERSARIES ACT OF 2024 
Sec. 1. Short title. 
Sec. 2. Prohibition on transfer of personally identifiable sensitive data of 
United States individuals to foreign adversaries. 
DIVISION F—SHIP ACT 
Sec. 1. Short title. 
Sec. 2. Statement of policy. 
Sec. 3. Imposition of sanctions with respect to Iranian petroleum. 
Sec. 4. Report on Iranian petroleum and petroleum products exports. 
Sec. 5. Strategy to counter role of the People’s Republic of China in evasion 
of sanctions with respect to Iran. 
Sec. 6. Definitions. 
DIVISION G—FIGHT CRIME ACT 
Sec. 1. Short title. 
Sec. 2. Findings. 
Sec. 3. Statement of policy. 
Sec. 4. Report. 
Sec. 5. Sanctions to combat the proliferation of Iranian missiles. 
Sec. 6. Report to identify, and designation as foreign terrorist organizations of, 
Iranian persons that have attacked united states citizens using 
unmanned combat aerial vehicles. 
Sec. 7. Definitions. 
DIVISION H—MAHSA ACT 
Sec. 1. Short title. 
Sec. 2. Imposition of sanctions on Iran’s supreme leader’s office, its appointees, 
and any affiliated persons. 
Sec. 3. Severability. 
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DIVISION I—HAMAS AND OTHER PALESTINIAN TERRORIST 
GROUPS INTERNATIONAL FINANCING PREVENTION ACT 
Sec. 1. Short title. 
Sec. 2. Statement of policy. 
Sec. 3. Imposition of sanctions with respect to foreign persons supporting acts 
of terrorism or engaging in significant transactions with senior 
members of Hamas, Palestinian Islamic jihad and other Pales-
tinian terrorist organizations. 
Sec. 4. Imposition of measures with respect to foreign states providing support 
to Hamas, Palestinian Islamic jihad and other Palestinian ter-
rorist organizations. 
Sec. 5. Reports on activities to disrupt global fundraising, financing, and money 
laundering activities of Hamas, Palestinian Islamic jihad, al- 
aqsa martyrs brigade, the lion’s den or any affiliate or suc-
cessor thereof. 
Sec. 6. Termination. 
Sec. 7. Definitions. 
DIVISION J—NO TECHNOLOGY FOR TERROR ACT 
Sec. 1. Short title. 
Sec. 2. Application of foreign-direct product rules to Iran. 
DIVISION K—STRENGTHENING TOOLS TO COUNTER THE USE OF 
HUMAN SHIELDS ACT 
Sec. 1. Short title. 
Sec. 2. Statement of policy. 
Sec. 3. Modification and extension of Sanctioning the Use of Civilians as De-
fenseless Shields Act. 
Sec. 4. Report on countering the use of human shields. 
Sec. 5. Confronting asymmetric and malicious cyber activities. 
Sec. 6. Sanctions with respect to threats to current or former united states offi-
cials. 
DIVISION L—ILLICIT CAPTAGON TRAFFICKING SUPPRESSION ACT 
Sec. 1. Short title. 
Sec. 2. Findings. 
Sec. 3. Statement of policy. 
Sec. 4. Imposition of sanctions with respect to illicit captagon trafficking. 
Sec. 5. Determinations with respect to the government of Syria, hizballah, and 
networks affiliated with the government of Syria or hizballah. 
Sec. 6. Definitions. 
DIVISION M—END FINANCING FOR HAMAS AND STATE SPONSORS 
OF TERRORISM ACT 
Sec. 1. Short title. 
Sec. 2. Report on financing for Hamas. 
Sec. 3. Multilateral Strategy to Disrupt Hamas Financing. 
DIVISION N—HOLDING IRANIAN LEADERS ACCOUNTABLE ACT 
Sec. 1. Short title. 
Sec. 2. Findings. 
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Sec. 3. Report on financial institutions and assets connected to certain Iranian 
officials. 
Sec. 4. Restrictions on certain financial institutions. 
Sec. 5. Exceptions for national security; implementation authority. 
Sec. 6. Sunset. 
Sec. 7. Definitions. 
DIVISION O—IRAN-CHINA ENERGY SANCTIONS ACT OF 2023 
Sec. 1. Short title. 
Sec. 2. Sanctions on foreign financial institutions with respect to the purchase 
of petroleum products and unmanned aerial vehicles from Iran. 
DIVISION P—BUDGETARY EFFECTS 
Sec. 1. Budgetary effects. 
SEC. 3. REFERENCES. 
Except as expressly provided otherwise, any reference 
to ‘‘this Act’’ contained in any division of this Act shall 
be treated as referring only to the provisions of that divi-
sion. 
DIVISION A—FEND OFF 
FENTANYL ACT 
SEC. 3001. SHORT TITLES. 
This division may be cited as the ‘‘Fentanyl Eradi-
cation and Narcotics Deterrence Off Fentanyl’’ or the 
‘‘FEND Off Fentanyl Act’’. 
SEC. 3002. SENSE OF CONGRESS. 
It is the sense of Congress that— 
(1) the proliferation of fentanyl is causing an 
unprecedented surge in overdose deaths in the 
United States, fracturing families and communities, 
and necessitating a comprehensive policy response to 
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combat its lethal flow and to mitigate the drug’s 
devastating consequences; 
(2) the trafficking of fentanyl into the United 
States is a national security threat that has killed 
hundreds of thousands of United States citizens; 
(3) transnational criminal organizations, includ-
ing cartels primarily based in Mexico, are the main 
purveyors of fentanyl into the United States and 
must be held accountable; 
(4) precursor chemicals sourced from the Peo-
ple’s Republic of China are— 
(A) shipped from the People’s Republic of 
China by legitimate and illegitimate means; 
(B) transformed through various synthetic 
processes 
to 
produce 
different 
forms 
of 
fentanyl; and 
(C) crucial to the production of illicit 
fentanyl by transnational criminal organiza-
tions, contributing to the ongoing opioid crisis; 
(5) the United States Government must remain 
vigilant to address all new forms of fentanyl precur-
sors and drugs used in combination with fentanyl, 
such as Xylazine, which attribute to overdose deaths 
of people in the United States; 
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(6) to increase the cost of fentanyl trafficking, 
the United States Government should work collabo-
ratively across agencies and should surge analytic 
capability to impose sanctions and other remedies 
with respect to transnational criminal organizations 
(including cartels), including foreign nationals who 
facilitate the trade in illicit fentanyl and its precur-
sors from the People’s Republic of China; and 
(7) the Department of the Treasury should 
focus on fentanyl trafficking and its facilitators as 
one of the top national security priorities for the De-
partment. 
SEC. 3003. DEFINITIONS. 
In this division: 
(1) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means— 
(A) the Committee on Banking, Housing, 
and Urban Affairs of the Senate; 
(B) the Committee on Foreign Relations of 
the Senate; 
(C) the Committee on Financial Services of 
the House of Representatives; and 
(D) the Committee on Foreign Affairs of 
the House of Representatives. 
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(2) FOREIGN PERSON.—The term ‘‘foreign per-
son’’— 
(A) means— 
(i) any citizen or national of a foreign 
country; or 
(ii) any entity not organized under the 
laws of the United States or a jurisdiction 
within the United States; and 
(B) does not include the government of a 
foreign country. 
(3) KNOWINGLY.—The term ‘‘knowingly’’, with 
respect to conduct, a circumstance, or a result, 
means that a person has actual knowledge, or should 
have known, of the conduct, the circumstance, or the 
result. 
(4) TRAFFICKING.—The term ‘‘trafficking’’, 
with respect to fentanyl, fentanyl precursors, or 
other related opioids, has the meaning given the 
term ‘‘opioid trafficking’’ in section 7203(8) of the 
Fentanyl Sanctions Act (21 U.S.C. 2302(8)). 
(5) 
TRANSNATIONAL
CRIMINAL
ORGANIZA-
TION.—The term ‘‘transnational criminal organiza-
tion’’ includes— 
(A) any organization designated as a sig-
nificant transnational criminal organization 
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under part 590 of title 31, Code of Federal 
Regulations; 
(B) any of the organizations known as— 
(i) the Sinaloa Cartel; 
(ii) the Jalisco New Generation Car-
tel; 
(iii) the Gulf Cartel; 
(iv) the Los Zetas Cartel; 
(v) the Juarez Cartel; 
(vi) the Tijuana Cartel; 
(vii) the Beltran-Leyva Cartel; or 
(viii) La Familia Michoacana; or 
(C) any successor organization to an orga-
nization described in subparagraph (B) or as 
otherwise determined by the President. 
(6) 
UNITED
STATES
PERSON.—The 
term 
‘‘United States person’’ means— 
(A) a United States citizen or an alien law-
fully admitted for permanent residence to the 
United States; 
(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; or 
(C) any person in the United States. 
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TITLE I—SANCTIONS MATTERS 
Subtitle A—Sanctions in Response 
to National Emergency Relating 
to Fentanyl Trafficking 
SEC. 3101. FINDING; POLICY. 
(a) FINDING.—Congress finds that international 
trafficking of fentanyl, fentanyl precursors, or other re-
lated opioids constitutes an unusual and extraordinary 
threat to the national security, foreign policy, and econ-
omy of the United States, and is a national emergency. 
(b) POLICY.—It shall be the policy of the United 
States to apply economic and other financial sanctions to 
those who engage in the international trafficking of 
fentanyl, fentanyl precursors, or other related opioids to 
protect the national security, foreign policy, and economy 
of the United States. 
SEC. 3102. USE OF NATIONAL EMERGENCY AUTHORITIES; 
REPORTING. 
(a) IN GENERAL.—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 subtitle. 
(b) REPORT REQUIRED.— 
(1) IN
GENERAL.—Not later than 180 days 
after the date of the enactment of this Act, and an-
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nually thereafter, the President shall submit to the 
appropriate congressional committees a report on ac-
tions taken by the executive branch pursuant to this 
subtitle and any national emergency declared with 
respect to the trafficking of fentanyl and trade in 
other illicit drugs, including— 
(A) the issuance of any new or revised reg-
ulations, policies, or guidance; 
(B) the imposition of sanctions; 
(C) the collection of relevant information 
from outside parties; 
(D) the issuance or closure of general li-
censes, specific licenses, and statements of li-
censing policy by the Office of Foreign Assets 
Control; 
(E) a description of any pending enforce-
ment cases; and 
(F) the implementation of mitigation pro-
cedures. 
(2) FORM OF REPORT.—Each report required 
under paragraph (1) shall be submitted in unclassi-
fied form, but may include the matters required 
under subparagraphs (C), (D), (E), and (F) of such 
paragraph in a classified annex. 
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SEC. 3103. IMPOSITION OF SANCTIONS WITH RESPECT TO 
FENTANYL 
TRAFFICKING 
BY 
TRANSNATIONAL CRIMINAL ORGANIZATIONS. 
(a) IN GENERAL.—The President shall impose the 
sanctions described in subsection (b) with respect to any 
foreign person the President determines— 
(1) is knowingly involved in the significant traf-
ficking of fentanyl, fentanyl precursors, or other re-
lated opioids, including such trafficking by a 
transnational criminal organization; or 
(2) otherwise is knowingly involved in signifi-
cant activities of a transnational criminal organiza-
tion relating to the trafficking of fentanyl, fentanyl 
precursors, or other related opioids. 
(b) SANCTIONS DESCRIBED.—The President, pursu-
ant to the International Emergency Economic Powers Act 
(50 U.S.C. 1701 et seq.), may block and prohibit all trans-
actions in property and interests in property of a foreign 
person described in subsection (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) REPORT REQUIRED.—Not later than 180 days 
after the date of the enactment of this Act, and annually 
thereafter, the President shall submit to the appropriate 
congressional committees a report on actions taken by the 
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executive branch with respect to the foreign persons iden-
tified under subsection (a). 
SEC. 3104. PENALTIES; WAIVERS; EXCEPTIONS. 
(a) PENALTIES.—Any person that violates, attempts 
to violate, conspires to violate, or causes a violation of this 
subtitle or any regulation, license, or order issued to carry 
out this subtitle shall be subject to the penalties set forth 
in subsections (b) and (c) of section 206 of the Inter-
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. 
(b) NATIONAL SECURITY WAIVER.—The President 
may waive the application of sanctions under this subtitle 
with respect to a foreign person if the President deter-
mines that such waiver is in the national security interest 
of the United States. 
(c) EXCEPTIONS.— 
(1) EXCEPTION
FOR
INTELLIGENCE
ACTIVI-
TIES.—This subtitle shall not apply with respect to 
activities subject to the reporting requirements 
under title V of the National Security Act of 1947 
(50 U.S.C. 3091 et seq.) or any authorized intel-
ligence activities of the United States. 
(2) EXCEPTION FOR COMPLIANCE WITH INTER-
NATIONAL
OBLIGATIONS
AND
LAW
ENFORCEMENT 
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ACTIVITIES.—Sanctions under this subtitle shall not 
apply with respect to an alien if admitting or parol-
ing the alien into the United States is necessary— 
(A) to permit the United States to comply 
with the Agreement regarding the Head-
quarters of the United Nations, signed at Lake 
Success on June 26, 1947, and entered into 
force November 21, 1947, between the United 
Nations and the United States, or other appli-
cable international obligations of the United 
States; or 
(B) to carry out or assist law enforcement 
activity of the United States. 
(3) HUMANITARIAN
EXEMPTION.—The Presi-
dent may not impose sanctions under this subtitle 
with respect to any person for conducting or facili-
tating a transaction for the sale of agricultural com-
modities, food, medicine, or medical devices or for 
the provision of humanitarian assistance. 
SEC. 3105. TREATMENT OF FORFEITED PROPERTY OF 
TRANSNATIONAL CRIMINAL ORGANIZATIONS. 
(a) TRANSFER OF FORFEITED PROPERTY TO FOR-
FEITURE FUNDS.— 
(1) IN GENERAL.—Any covered forfeited prop-
erty shall be deposited into the Department of the 
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Treasury Forfeiture Fund established under section 
9705 of title 31, United States Code, or the Depart-
ment of Justice Assets Forfeiture Fund established 
under section 524(c) of title 28, United States Code. 
(2) REPORT 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 
report on any deposits made under paragraph (1) 
during the 180-day period preceding submission of 
the report. 
(3) 
COVERED
FORFEITED
PROPERTY
DE-
FINED.—In this subsection, the term ‘‘covered for-
feited property’’ means property— 
(A) forfeited to the United States under 
chapter 46 or section 1963 of title 18, United 
States Code; and 
(B) that belonged to or was possessed by 
an individual affiliated with or connected to a 
transnational criminal organization subject to 
sanctions under— 
(i) this subtitle; 
(ii) the Fentanyl Sanctions Act (21 
U.S.C. 2301 et seq.); or 
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(iii) Executive Order 14059 (50 
U.S.C. 1701 note; relating to imposing 
sanctions on foreign persons involved in 
the global illicit drug trade). 
(b) BLOCKED ASSETS UNDER TERRORISM RISK IN-
SURANCE ACT OF 2002.—Nothing in this subtitle may be 
construed to affect the treatment of blocked assets of a 
terrorist party described in section 201(a) of the Ter-
rorism Risk Insurance Act of 2002 (28 U.S.C. 1610 note). 
Subtitle B—Other Matters 
SEC. 3111. TEN-YEAR STATUTE OF LIMITATIONS FOR VIOLA-
TIONS OF SANCTIONS. 
(a) INTERNATIONAL EMERGENCY ECONOMIC POW-
ERS ACT.—Section 206 of the International Emergency 
Economic Powers Act (50 U.S.C. 1705) is amended by 
adding at the end the following: 
‘‘(d) STATUTE OF LIMITATIONS.— 
‘‘(1) TIME FOR COMMENCING PROCEEDINGS.— 
‘‘(A) IN
GENERAL.—An action, suit, or 
proceeding for the enforcement of any civil fine, 
penalty, or forfeiture, pecuniary or otherwise, 
under this section shall not be entertained un-
less commenced within 10 years after the latest 
date of the violation upon which the civil fine, 
penalty, or forfeiture is based. 
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‘‘(B) COMMENCEMENT.—For purposes of 
this paragraph, the commencement of an ac-
tion, suit, or proceeding includes the issuance of 
a pre-penalty notice or finding of violation. 
‘‘(2) TIME FOR INDICTMENT.—No person shall 
be prosecuted, tried, or punished for any offense 
under subsection (c) unless the indictment is found 
or the information is instituted within 10 years after 
the latest date of the violation upon which the in-
dictment or information is based.’’. 
(b) TRADING WITH THE ENEMY ACT.—Section 16 
of the Trading with the Enemy Act (50 U.S.C. 4315) is 
amended by adding at the end the following: 
‘‘(d) STATUTE OF LIMITATIONS.— 
‘‘(1) TIME FOR COMMENCING PROCEEDINGS.— 
‘‘(A) IN
GENERAL.—An action, suit, or 
proceeding for the enforcement of any civil fine, 
penalty, or forfeiture, pecuniary or otherwise, 
under this section shall not be entertained un-
less commenced within 10 years after the latest 
date of the violation upon which the civil fine, 
penalty, or forfeiture is based. 
‘‘(B) COMMENCEMENT.—For purposes of 
this paragraph, the commencement of an ac-
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tion, suit, or proceeding includes the issuance of 
a pre-penalty notice or finding of violation. 
‘‘(2) TIME FOR INDICTMENT.—No person shall 
be prosecuted, tried, or punished for any offense 
under subsection (a) unless the indictment is found 
or the information is instituted within 10 years after 
the latest date of the violation upon which the in-
dictment or information is based.’’. 
SEC. 3112. CLASSIFIED REPORT AND BRIEFING ON STAFF-
ING OF OFFICE OF FOREIGN ASSETS CON-
TROL. 
Not later than 180 days after the date of the enact-
ment of this Act, the Director of the Office of Foreign 
Assets Control shall provide to the appropriate congres-
sional committees a classified report and briefing on the 
staffing of the Office of Foreign Assets Control, 
disaggregated by staffing dedicated to each sanctions pro-
gram and each country or issue. 
SEC. 3113. REPORT ON DRUG TRANSPORTATION ROUTES 
AND USE OF VESSELS WITH MISLABELED 
CARGO. 
Not later than 180 days after the date of the enact-
ment of this Act, the Secretary of the Treasury, in con-
junction with the heads of other relevant Federal agencies, 
shall provide to the appropriate congressional committees 
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a classified report and briefing on efforts to target drug 
transportation routes and modalities, including an assess-
ment of the prevalence of false cargo labeling and ship-
ment of precursor chemicals without accurate tracking of 
the customers purchasing the chemicals. 
SEC. 3114. REPORT ON ACTIONS OF PEOPLE’S REPUBLIC OF 
CHINA 
WITH 
RESPECT 
TO 
PERSONS 
IN-
VOLVED IN FENTANYL SUPPLY CHAIN. 
Not later than 180 days after the date of the enact-
ment of this Act, the Secretary of the Treasury, in con-
junction with the heads of other relevant Federal agencies, 
shall provide to the appropriate congressional committees 
a classified report and briefing on actions taken by the 
Government of the People’s Republic of China with respect 
to persons involved in the shipment of fentanyl, fentanyl 
analogues, fentanyl precursors, precursors for fentanyl 
analogues, and equipment for the manufacturing of 
fentanyl and fentanyl-laced counterfeit pills. 
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TITLE II—ANTI-MONEY 
LAUNDERING MATTERS 
SEC. 3201. DESIGNATION OF ILLICIT FENTANYL TRANS-
ACTIONS OF SANCTIONED PERSONS AS OF 
PRIMARY MONEY LAUNDERING CONCERN. 
(a) IN GENERAL.—Subtitle A of the Fentanyl Sanc-
tions Act (21 U.S.C. 2311 et seq.) is amended by inserting 
after section 7213 the following: 
‘‘SEC. 7213A. DESIGNATION OF TRANSACTIONS OF SANC-
TIONED PERSONS AS OF PRIMARY MONEY 
LAUNDERING CONCERN. 
‘‘(a) IN GENERAL.—If the Secretary of the Treasury 
determines that reasonable grounds exist for concluding 
that 1 or more financial institutions operating outside of 
the United States, 1 or more classes of transactions with-
in, or involving, a jurisdiction outside of the United States, 
or 1 or more types of accounts within, or involving, a juris-
diction outside of the United States, is of primary money 
laundering concern in connection with illicit opioid traf-
ficking, the Secretary of the Treasury may, by order, regu-
lation, or otherwise as permitted by law— 
‘‘(1) require domestic financial institutions and 
domestic financial agencies to take 1 or more of the 
special measures provided for in section 9714(a)(1) 
of the National Defense Authorization Act for Fiscal 
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Year 2021 (Public Law 116–283; 31 U.S.C. 5318A 
note); or 
‘‘(2) prohibit, or impose conditions upon, cer-
tain transmittals of funds (to be defined by the Sec-
retary) by any domestic financial institution or do-
mestic financial agency, if such transmittal of funds 
involves any such institution, class of transaction, or 
type of accounts. 
‘‘(b) CLASSIFIED INFORMATION.—In any judicial re-
view of a finding of the existence of a primary money laun-
dering concern, or of the requirement for 1 or more special 
measures with respect to a primary money laundering con-
cern made under this section, if the designation or imposi-
tion, or both, were based on classified information (as de-
fined in section 1(a) of the Classified Information Proce-
dures Act (18 U.S.C. App.)), such information may be 
submitted by the Secretary to the reviewing court ex parte 
and in camera. This subsection does not confer or imply 
any right to judicial review of any finding made or any 
requirement imposed under this section. 
‘‘(c) AVAILABILITY OF INFORMATION.—The exemp-
tions from, and prohibitions on, search and disclosure re-
ferred to in section 9714(c) of the National Defense Au-
thorization Act for Fiscal Year 2021 (Public Law 116– 
283; 31 U.S.C. 5318A note) shall apply to any report or 
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record of report filed pursuant to a requirement imposed 
under subsection (a). For purposes of section 552 of title 
5, United States Code, this subsection shall be considered 
a statute described in subsection (b)(3)(B) of such section. 
‘‘(d) PENALTIES.—The penalties referred to in sec-
tion 9714(d) of the National Defense Authorization Act 
for Fiscal Year 2021 (Public Law 116–283; 31 U.S.C. 
5318A note) shall apply to violations of any order, regula-
tion, special measure, or other requirement imposed under 
subsection (a), in the same manner and to the same extent 
as described in such section 9714(d). 
‘‘(e) INJUNCTIONS.—The Secretary of the Treasury 
may bring a civil action to enjoin a violation of any order, 
regulation, special measure, or other requirement imposed 
under subsection (a) in the same manner and to the same 
extent as described in section 9714(e) of the National De-
fense Authorization Act for Fiscal Year 2021 (Public Law 
116–283; 31 U.S.C. 5318A note).’’. 
(b) CLERICAL AMENDMENT.—The table of contents 
for the National Defense Authorization Act for Fiscal 
Year 2020 (Public Law 116–92) is amended by inserting 
after the item relating to section 7213 the following: 
‘‘Sec. 7213A. Designation of transactions of sanctioned persons as of primary 
money laundering concern.’’. 
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SEC. 3202. TREATMENT OF TRANSNATIONAL CRIMINAL OR-
GANIZATIONS IN SUSPICIOUS TRANSACTIONS 
REPORTS OF THE FINANCIAL CRIMES EN-
FORCEMENT NETWORK. 
(a) FILING INSTRUCTIONS.—Not later than 180 days 
after the date of the enactment of this Act, the Director 
of the Financial Crimes Enforcement Network shall issue 
guidance or instructions to United States financial institu-
tions for filing reports on suspicious transactions required 
under section 1010.320 of title 31, Code of Federal Regu-
lations, related to suspected fentanyl trafficking by 
transnational criminal organizations. 
(b) PRIORITIZATION
OF REPORTS RELATING
TO 
FENTANYL TRAFFICKING OR TRANSNATIONAL CRIMINAL 
ORGANIZATIONS.—The Director shall prioritize research 
into reports described in subsection (a) that indicate a 
connection to trafficking of fentanyl or related synthetic 
opioids or financing of suspected transnational criminal 
organizations. 
SEC. 3203. REPORT ON TRADE-BASED MONEY LAUNDERING 
IN TRADE WITH MEXICO, THE PEOPLE’S RE-
PUBLIC OF CHINA, AND BURMA. 
(a) IN GENERAL.—In the first update to the national 
strategy for combating the financing of terrorism and re-
lated forms of illicit finance submitted to Congress after 
the date of the enactment of this Act, the Secretary of 
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the Treasury shall include a report on trade-based money 
laundering originating in Mexico or the People’s Republic 
of China and involving Burma. 
(b) DEFINITION.—In this section, the term ‘‘national 
strategy for combating the financing of terrorism and re-
lated forms of illicit finance’’ means the national strategy 
for combating the financing of terrorism and related forms 
of illicit finance required under section 261 of the Coun-
tering America’s Adversaries Through Sanctions Act 
(Public Law 115–44; 131 Stat. 934), as amended by sec-
tion 6506 of the National Defense Authorization Act for 
Fiscal Year 2022 (Public Law 117–81; 135 Stat. 2428). 
TITLE 
III—EXCEPTION 
RELAT-
ING 
TO 
IMPORTATION 
OF 
GOODS 
SEC. 3301. EXCEPTION RELATING TO IMPORTATION OF 
GOODS. 
(a) IN GENERAL.—The authority or a requirement 
to block and prohibit all transactions in all property and 
interests in property under this division shall not include 
the authority or a requirement to impose sanctions on the 
importation of goods. 
(b) GOOD DEFINED.—In this section, the term 
‘‘good’’ means any article, natural or manmade substance, 
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material, supply or manufactured product, including in-
spection and test equipment, and excluding technical data. 
DIVISION B—REBUILDING ECO-
NOMIC PROSPERITY AND OP-
PORTUNITY FOR UKRAINIANS 
ACT 
TITLE I 
SEC. 1. SHORT TITLE; TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Rebuilding Economic Prosperity and Opportunity for 
Ukrainians Act’’ or the ‘‘REPO for Ukrainians Act’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
TITLE I 
Sec. 1. Short title; table of contents. 
Sec. 2. Definitions. 
TITLE II—REPURPOSING OF RUSSIAN SOVEREIGN ASSETS 
Sec. 101. Findings; sense of Congress. 
Sec. 102. Sense of Congress regarding importance of the Russian Federation 
providing compensation to Ukraine. 
Sec. 103. Prohibition on release of blocked Russian sovereign assets. 
Sec. 104. Authority to ensure compensation to Ukraine using seized Russian 
sovereign assets and Russian aggressor state sovereign assets. 
Sec. 105. International mechanism to use Russian sovereign assets and Russian 
aggressor state sovereign assets to provide for the reconstruc-
tion of Ukraine. 
Sec. 106. Report on use of transferred Russian sovereign assets for reconstruc-
tion. 
Sec. 107. Assessment by Secretary of State and Administrator of USAID on 
reconstruction and rebuilding needs of Ukraine. 
Sec. 108. Extensions. 
SEC. 2. DEFINITIONS. 
In this Act: 
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(1) RUSSIAN
AGGRESSOR
STATE.—The term 
‘‘Russian aggressor state’’ means— 
(A) the Russian Federation; and 
(B) Belarus, if the President determines 
Belarus has engaged in an act of war against 
Ukraine related to Russia’s ongoing February 
24, 2022, invasion of Ukraine. 
(2) RUSSIAN
AGGRESSOR
STATE
SOVEREIGN 
ASSET.—The term ‘‘Russian aggressor state sov-
ereign asset’’ means any Russian sovereign assets or 
any funds or property of another Russian aggressor 
state determine by the President to be of the same 
sovereign character as the assets describes in para-
graph (7). 
(3) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means— 
(A) the Committee on Foreign Relations 
and the Committee on Banking, Housing, and 
Urban Affairs of the Senate; and 
(B) the Committee on Foreign Affairs and 
the Committee on Financial Services of the 
House of Representatives. 
(4) FINANCIAL
INSTITUTION.—The term ‘‘fi-
nancial institution’’ means a financial institution 
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specified in subparagraph (A), (B), (C), (D), (E), 
(F), (G), (H), (I), (J), (M), or (Z) of section 
5312(a)(2) of title 31, United States Code. 
(5) G7.—The term ‘‘G7’’ means the countries 
that are member of the informal Group of 7, includ-
ing Canada, France, Germany, Italy, Japan, the 
United Kingdom, and the United States. 
(6) RUSSIAN
SOVEREIGN
ASSET.—The term 
‘‘Russian sovereign asset’’ means any of the fol-
lowing: 
(A) Funds and other property of— 
(i) the Central Bank of the Russian 
Federation; 
(ii) the Russian National Wealth 
Fund; or 
(iii) the Ministry of Finance of the 
Russian Federation. 
(B) Any other funds or other property that 
are owned by the Government of the Russian 
Federation, including by any subdivision, agen-
cy, or instrumentality of that government. 
(7) 
UNITED
STATES.—The 
term 
‘‘United 
States’’ means the several States, the District of Co-
lumbia, the Commonwealth of Puerto Rico, the Com-
monwealth of the Northern Mariana Islands, Amer-
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ican Samoa, Guam, the United States Virgin Is-
lands, and any other territory or possession of the 
United States. 
(8) UNITED STATES FINANCIAL INSTITUTION.— 
The term ‘‘United States financial institution’’ 
means a financial institution organized under the 
laws of the United States or of any jurisdiction with-
in the United States, including a foreign branch of 
such an institution. 
(9) SEIZE OR SEIZURE.—The term ‘‘seize’’ or 
‘‘seizure’’ means confiscation of all right, title, and 
interest whatsoever in a Russian sovereign asset or 
a Russian aggressor state sovereign asset or affili-
ated aggressor state sovereign asset and vesting of 
the same in the United States. 
TITLE II—REPURPOSING OF 
RUSSIAN SOVEREIGN ASSETS 
SEC. 101. FINDINGS; SENSE OF CONGRESS. 
(a) FINDINGS.—Congress makes the following find-
ings: 
(1) On February 24, 2022, the Government of 
the Russian Federation violated the sovereignty and 
territorial integrity of Ukraine by engaging in a pre-
meditated, second illegal invasion of Ukraine. 
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(2) The international community has con-
demned the illegal invasions of Ukraine by the Rus-
sian Federation, as well as the commission of the 
crime of aggression, war crimes, crimes against hu-
manity, and genocide by officials of the Russian 
Federation, including through the deliberate tar-
geting of civilians and civilian infrastructure, the 
forcible transfer of children, and the commission of 
sexual violence. 
(3) The leaders of the G7 have called the Rus-
sian Federation’s ‘‘unprovoked and completely un-
justified attack on the democratic state of Ukraine’’ 
a ‘‘serious violation of international law and a grave 
breach of the United Nations Charter and all com-
mitments Russia entered in the Helsinki Final Act 
and the Charter of Paris and its commitments in the 
Budapest Memorandum’’. 
(4) On March 2, 2022, the United Nations 
General Assembly adopted Resolution ES–11/1, enti-
tled ‘‘Aggression against Ukraine’’, by a vote of 141 
to 5. That resolution ‘‘deplore[d] in the strongest 
terms the aggression by the Russian Federation 
against Ukraine in violation of Article 2(4) of the 
[United Nations] Charter’’ and demanded that the 
Russian Federation ‘‘immediately cease its use of 
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force against Ukraine’’ and ‘‘immediately, completely 
and unconditionally withdraw all of its military 
forces from the territory of Ukraine within its inter-
nationally recognized borders’’. 
(5) On March 16, 2022, the International 
Court of Justice issued a provisional measures order 
requiring the Russian Federation to ‘‘immediately 
suspend the military operations that it commenced 
on 24 February 2022 in the territory of Ukraine’’ 
and, in this regard, observed that ‘‘orders on provi-
sional measures . . . have binding effect’’. 
(6) On November 14, 2022, the United Nations 
General Assembly adopted a resolution— 
(A) recognizing that the Russian Federa-
tion has committed a serious breach of the most 
fundamental norms of international law and its 
gross and systematic refusal to obey its obliga-
tions has affected the entire international com-
munity; 
(B) recognizing the need for the establish-
ment, in cooperation with Ukraine, of an inter-
national mechanism for compensation for finan-
cially assessable damages caused by the Rus-
sian Federation’s internationally wrongful acts; 
and 
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(C) recommending ‘‘the creation . . . of an 
international register of damage to serve as a 
record . . . of evidence and claims information 
on damage, loss or injury to all natural and 
legal persons concerned, as well as the State of 
Ukraine, caused by internationally wrongful 
acts of the Russian Federation in or against 
Ukraine . . . .’’. 
(7) The Russian Federation bears international 
legal responsibility for its aggression against 
Ukraine and, under international law, must cease its 
internationally wrongful acts. Because of this breach 
of the prohibition on aggression under international 
law, the United States is legally entitled to take 
counter measures that are proportionate and aimed 
at inducing the Russian Federation to comply with 
its international obligations. 
(8) Approximately $300,000,000,000 of Rus-
sian sovereign assets have been immobilized world-
wide. Only a small fraction of those assets, 1 to 2 
percent, 
or 
between 
$4,000,000,000 
and 
$5,000,000,000, are reportedly subject to the juris-
diction of the United States. 
(9) The vast majority of immobilized Russian 
sovereign assets, approximately $190,000,000,000, 
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are reportedly subject to the jurisdiction of Belgium. 
The Government of Belgium has publicly indicated 
that any action by that Government regarding those 
assets would be predicated on support by the G7. 
(b) SENSE OF CONGRESS.—It is the sense of Con-
gress that, having committed an act of aggression, as rec-
ognized by the United Nations General Assembly on 
March 2, 2022, the Russian Federation is to be considered 
as an aggressor state. The extreme illegal actions taken 
by the Russian Federation, including an act of aggression, 
present a unique situation, justifying the establishment of 
a legal authority for the United States Government and 
other countries to confiscate Russian sovereign assets in 
their respective jurisdictions. 
SEC. 102. SENSE OF CONGRESS REGARDING IMPORTANCE 
OF THE RUSSIAN FEDERATION PROVIDING 
COMPENSATION TO UKRAINE. 
It is the sense of Congress that— 
(1) the Russian Federation bears responsibility 
for the financial burden of the reconstruction of 
Ukraine and for countless other costs associated 
with the illegal invasion of Ukraine by the Russian 
Federation that began on February 24, 2022; 
(2) the most effective ways to provide com-
pensation for the damages caused by the Russian 
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Federation’s internationally wrongful acts should be 
assessed by an international mechanism charged 
with determining compensation and providing assist-
ance to Ukraine; 
(3) at least since November 2022 the Russian 
Federation has been on notice of its opportunity to 
comply with its international obligations, including 
to make full compensation for injury, or, by agree-
ment with Ukraine, to authorize an international 
mechanism to resolve issues regarding compensation 
to Ukraine; 
(4) the Russian Federation can, by negotiated 
agreement, participate in any international process 
to assess the damages caused by the Russian Fed-
eration’s internationally wrongful acts and make 
funds available to compensate for these damages, 
and if it fails to do so, the United States and other 
countries should explore all avenues for ensuring 
compensation to Ukraine; 
(5) the President should lead robust engage-
ment on all bilateral and multilateral aspects of the 
response by the United States to acts by the Rus-
sian Federation that undermine the sovereignty and 
territorial integrity of Ukraine, including on any pol-
icy coordination and alignment regarding the 
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repurposing or ordered transfer of Russian sovereign 
assets in the context of determining compensation 
and providing assistance to Ukraine; 
(6) as part of the robust engagement on bilat-
eral and multilateral responses to acts by the Rus-
sian Federation that undermine the sovereignty and 
territorial integrity of Ukraine, the President should 
endeavor to facilitate creation of, and United States 
participation in, an international mechanism regard-
ing the repurposing or seizure of sovereign assets of 
the Russian Federation for the benefit of Ukraine. 
(7) the repurposing of Russian sovereign assets 
is in the national interests of the United States and 
consistent with United States and international law; 
(8) the United States should work with inter-
national allies and partners on the repurposing of 
Russian sovereign assets as part of a coordinated, 
multilateral effort, including with G7 countries and 
other countries in which Russian sovereign assets 
are located; and 
(9) any effort by the United States to con-
fiscate and repurpose Russian sovereign assets 
should be undertaken alongside international allies 
and partners as part of a coordinated, multilateral 
effort, including with G7 countries, the European 
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Union, Australia, and other countries in which Rus-
sian sovereign assets are located. 
SEC. 103. PROHIBITION ON RELEASE OF BLOCKED RUSSIAN 
SOVEREIGN ASSETS. 
(a) IN GENERAL.—No Russian sovereign asset that 
is blocked or effectively immobilized by the Department 
of the Treasury before the date specified in section 104(j) 
may be released or mobilized, except as otherwise author-
ized by this Act, until the date on which the President 
certifies to the appropriate congressional committees 
that— 
(1) hostilities between the Russian Federation 
and Ukraine have ceased; and 
(2)(A) full compensation has been made to 
Ukraine for harms resulting from the invasion of 
Ukraine by the Russian Federation; or 
(B) the Russian Federation is participating in 
a bona fide international mechanism that, by agree-
ment, will discharge the obligations of the Russian 
Federation to compensate Ukraine for all amounts 
determined to be owed to Ukraine. 
(b) NOTIFICATION.—Not later than 30 days before 
the release or mobilization of a Russian sovereign asset 
that is blocked or effectively immobilized by the Depart-
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ment of the Treasury, the President shall submit to the 
appropriate congressional committees— 
(1) a notification of the decision to take the ac-
tion that releases or mobilizes the asset; and 
(2) a justification in writing for such decision. 
(c) JOINT RESOLUTION OF DISAPPROVAL.— 
(1) IN GENERAL.—No Russian sovereign asset 
that is blocked or effectively immobilized by the De-
partment of the Treasury may be released or mobi-
lized if, within 30 days of receipt of the notification 
and justification required under subsection (b), a 
joint resolution is enacted into law prohibiting the 
proposed release or mobilization. 
(2) EXPEDITED PROCEDURES.—Any joint reso-
lution described in paragraph (1) introduced in ei-
ther House of Congress shall be considered in ac-
cordance with the provisions of section 601(b) of the 
International Security Assistance and Arms Export 
Control Act of 1976 (Public Law 94–329; 90 Stat. 
765), except that any such resolution shall be sub-
ject to germane amendments. If such a joint resolu-
tion should be vetoed by the President, the time for 
debate in consideration of the veto message on such 
measure shall be limited to 20 hours in the Senate 
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and in the House of Representatives shall be deter-
mined in accordance with the Rules of the House. 
(d) COOPERATION ON PROHIBITION OF RELEASE OF 
CERTAIN
RUSSIAN
SOVEREIGN
ASSETS.—Notwith-
standing subsection (a), the President may take such ac-
tions as may be necessary to seek to obtain an agreement 
or arrangement to which the Government of Ukraine is 
party that discharges the Russian Federation from further 
obligations to compensate Ukraine. 
SEC. 104. AUTHORITY TO ENSURE COMPENSATION TO 
UKRAINE 
USING 
SEIZED 
RUSSIAN 
SOV-
EREIGN ASSETS AND RUSSIAN AGGRESSOR 
STATE SOVEREIGN ASSETS. 
(a) REPORTING ON RUSSIAN ASSETS.— 
(1) NOTICE
REQUIRED.—Not later than 90 
days after the date of the enactment of this Act, the 
President shall, by means of such instructions or 
regulations as the President may prescribe, require 
any financial institution at which Russian sovereign 
assets are located, and that knows or should know 
of such assets, to provide notice of such assets, in-
cluding relevant information required under section 
501.603(b)(ii) of title 31, Code of Federal Regula-
tions (or successor regulations), to the Secretary of 
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the Treasury not later than 10 days after detection 
of such assets. 
(2) REPORT REQUIRED.— 
(A) IN
GENERAL.—Not later than 180 
days after the date of the enactment of this 
Act, and annually thereafter for 3 years, the 
President shall submit to the appropriate con-
gressional committees a report detailing the sta-
tus of Russian sovereign assets with respect to 
which notice has been provided to the Secretary 
of the Treasury under paragraph (1). 
(B) FORM.—The report required by sub-
paragraph (A) shall be submitted in unclassi-
fied form, but may include a classified annex. 
(b) SEIZURE OR TRANSFER OF ASSETS.— 
(1) SEIZURE
OF
RUSSIAN
AGGRESSOR
STATE 
SOVEREIGN ASSETS.—On and after the date that is 
30 days after the President submits to the appro-
priate congressional committees the certification de-
scribed in subsection (c), the President may seize, 
confiscate, transfer, or vest any Russian aggressor 
state sovereign assets, in whole or in part, and in-
cluding any interest or interests in such assets, sub-
ject to the jurisdiction of the United States for the 
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purpose of transferring those funds to the Ukraine 
Support Fund established under subsection (d). 
(2) VESTING.—For funds confiscated under 
paragraph (1), all right, title, and interest shall vest 
in the United States Government, provided that no 
use of those funds other than the use of those funds 
consistent with subsection (f). 
(3) LIQUIDATION
AND
DEPOSIT.—The Presi-
dent shall— 
(A) deposit any funds seized, transferred, 
or confiscated under paragraph (1) into the 
Ukraine Support Fund established under sub-
section (d); 
(B) liquidate or sell any other property 
seized, transferred, or confiscated under para-
graph (1) and deposit the funds resulting from 
such liquidation or sale into the Ukraine Sup-
port Fund; and 
(C) make all such funds available for the 
purposes described in subsection (f). 
(4) METHOD OF SEIZURE, TRANSFER, OR CON-
FISCATION.—The President may seize, transfer, con-
fiscate or vest Russian aggressor state sovereign as-
sets under paragraph (1) through instructions or li-
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censes or in such other manner as the President de-
termines appropriate. 
(c) CERTIFICATION.—The certification described in 
this subsection, with respect to Russian aggressor state 
sovereign assets, is a certification that— 
(1) seizing, confiscating, transferring, or vesting 
Russian aggressor state sovereign assets for the ben-
efit of Ukraine is in the national interests of the 
United States; 
(2) the President has meaningfully coordinated 
with G7 leaders to take multilateral action with re-
gard to any seizure, confiscation, vesting, or transfer 
of Russian sovereign assets for the benefit of 
Ukraine; and 
(3) either— 
(A) the President has received an official 
and legitimate request from a properly con-
stituted international mechanism that includes 
the participation of the Government of Ukraine 
and the United States and that has been estab-
lished for the purpose of, or otherwise tasked 
with, compensating Ukraine for damages aris-
ing or resulting from the internationally wrong-
ful acts of the Russian Federation regarding 
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the repurposing of sovereign assets of the Rus-
sian Federation; or 
(B) either— 
(i) the Russian Federation has not 
ceased its unlawful aggression against 
Ukraine; or 
(ii) the Russian Federation has ceased 
its unlawful aggression against Ukraine, 
but— 
(I) has not provided full com-
pensation to Ukraine for harms re-
sulting 
from 
the 
internationally 
wrongful acts of the Russian Federa-
tion’s; and 
(II) is not participating in a bona 
fide process to provide full compensa-
tion to Ukraine for harms resulting 
from Russian aggression. 
(d) ESTABLISHMENT
OF
THE UKRAINE SUPPORT 
FUND.— 
(1) UKRAINE SUPPORT FUND.—The President 
shall establish an account, to be known as the 
‘‘Ukraine Support Fund’’, to consist of any funds 
with respect to which a seizure is ordered pursuant 
to subsection (b). 
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of Russian forces and cessation of military hos-
tilities that is accepted by the free and inde-
pendent Government of Ukraine; and 
(B)(i) full compensation has been made to 
Ukraine for harms resulting from the invasion 
of Ukraine by the Russian Federation; 
(ii) the Russian Federation is participating 
in a bona fide international mechanism that, by 
agreement, will discharge the obligations of the 
Russian Federation to compensate Ukraine for 
all amounts determined to be owed to Ukraine; 
or 
(iii) the Russian Federation’s obligation to 
compensate Ukraine for the damage caused by 
the Russian Federation’s aggression has been 
resolved pursuant to an agreement between the 
Russian Federation and the Government of 
Ukraine. 
SEC. 105. INTERNATIONAL MECHANISM TO USE RUSSIAN 
SOVEREIGN ASSETS AND RUSSIAN AGGRES-
SOR STATE SOVEREIGN ASSETS TO PROVIDE 
FOR THE RECONSTRUCTION OF UKRAINE. 
(a) IN GENERAL.—The President shall take such ac-
tions as the President determines appropriate to coordi-
nate with the G7, the European Union, Australia, and 
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ing content (including posts, photos, and videos) and all 
other account information. 
(c) EXEMPTIONS.— 
(1) 
EXEMPTIONS
FOR
QUALIFIED 
DIVESTITURES.—Subsection (a)— 
(A) does not apply to a foreign adversary 
controlled application with respect to which a 
qualified divestiture is executed before the date 
on which a prohibition under subsection (a) 
would begin to apply to such application; and 
(B) shall cease to apply in the case of a 
foreign adversary controlled application with re-
spect to which a qualified divestiture is exe-
cuted after the date on which a prohibition 
under subsection (a) applies to such application. 
(2) EXEMPTIONS
FOR
CERTAIN
NECESSARY 
SERVICES.—Subsections (a) and (b) do not apply to 
services provided with respect to a foreign adversary 
controlled application that are necessary for an enti-
ty to attain compliance with such subsections. 
(d) ENFORCEMENT.— 
(1) CIVIL PENALTIES.— 
(A) FOREIGN
ADVERSARY
CONTROLLED 
APPLICATION VIOLATIONS.—An entity that vio-
lates subsection (a) shall be subject to pay a 
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(1) owns or operates a foreign port at which, on 
or after the date of the enactment of this Act, such 
person knowingly permits to dock a vessel— 
(A) that is included on the list of specially 
designated nationals and blocked persons main-
tained by the Office of Foreign Assets Control 
of the Department of the Treasury for trans-
porting Iranian crude oil or petroleum products; 
or 
(B) of which the operator or owner of such 
vessel otherwise knowingly engages in a signifi-
cant transaction involving such vessel to trans-
port, offload, or deal in significant transactions 
in condensate, refined, or unrefined petroleum 
products, or other petrochemical products origi-
nating from the Islamic Republic of Iran; 
(2) owns or operates a vessel through which 
such owner knowingly conducts a ship to ship trans-
fer involving a significant transaction of any petro-
leum product originating from the Islamic Republic 
of Iran; 
(3) owns or operates a refinery through which 
such owner knowingly engages in a significant trans-
action to process, refine, or otherwise deal in any pe-
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