H. R. 2055—438 
reports to the Committees on Appropriations that to do so 
is in the national security interest of the United States: Pro-
vided, That such determination and report shall include a 
detailed justification for such waiver. 
(2) The Secretary of State shall consult with the Commit-
tees on Appropriations prior to the transfer of funds appro-
priated by this Act under the heading ‘‘Foreign Military 
Financing Program’’ to an interest-bearing account for Egypt. 
(3) Funds appropriated under the heading ‘‘Economic Sup-
port Fund’’ in this Act and prior Acts (including previously 
obligated funds), may be made available, notwithstanding any 
other provision of law, for an Egypt initiative, particularly 
for the specific costs referred to in the authorities referenced 
herein, for the purpose of improving the lives of the Egyptian 
people through education, investment in jobs and skills 
(including secondary and vocational education), and access to 
finance for small and medium enterprises with emphasis on 
expanding opportunities for women, as well as other appro-
priate market-reform and economic growth activities: Provided, 
That the provisions of title VI of Public Law 103–306 pertaining 
to funds for Jordan shall be deemed to apply to any such 
initiative and to funds available under this section to carry 
out such an initiative in the same manner as such cited provi-
sions apply to Jordan, subject to the following provisos: Pro-
vided further, That subparagraph (b)(2) shall be deemed not 
to apply and the amount made available pursuant to this 
section as set forth in the joint explanatory statement accom-
panying this Act and incorporated herein shall be deemed to 
apply in lieu of the figure in subparagraph (b)(1): Provided 
further, That the authority to reduce debt shall include 
authority to exchange an outstanding obligation for a new 
obligation and to permit both principal and interest payments 
on new obligations to be deposited into a fund established 
for such purpose, to be used in accordance with purposes set 
forth in an agreement between the United States and Egypt: 
Provided further, That the authority of this paragraph shall 
only be made available after the Secretary of State certifies 
to the Committees on Appropriations that the Government 
of Egypt is implementing economic development policies con-
sistent with the objectives of such initiative: Provided further, 
That funds made available for such initiative shall be subject 
to the regular notification procedures of the Committees on 
Appropriations. 
(b) ENTERPRISE FUNDS.—Up to $60,000,000 of funds appro-
priated under the heading ‘‘Economic Support Fund’’ in this Act 
and prior acts making appropriations for the Department of State, 
foreign operations, and related programs (and including previously 
obligated funds), that are available for assistance for Egypt, up 
to $20,000,000 of such funds that are available for assistance for 
Tunisia, and up to $60,000,000 of such funds that are available 
for assistance for Jordan, respectively, may be made available not-
withstanding any other provision of law, to establish and operate 
one or more enterprise funds for Egypt, Tunisia, and Jordan, respec-
tively: Provided, That provisions contained in section 201 of the 
Support for East European Democracy (SEED) Act of 1989 
(excluding the provisions of subsections (b), (c), (d)(3), and (f) of 
that section), shall be deemed to apply to any such fund or funds,
H. R. 2055—439 
and to funds made available to such fund or funds, in order to 
enable such fund or funds to provide assistance for purposes of 
this section: Provided further, That section 7077 of division F of 
Public Law 111–117 shall apply to any such fund or funds estab-
lished pursuant to this subsection: Provided further, That not more 
than 5 percent of the funds made available pursuant to this sub-
section should be available for administrative expenses of such 
fund or funds and not later than 1 year after the date of enactment 
of this Act, and annually thereafter until each fund is dissolved, 
each fund shall submit to the Committees on Appropriations a 
report detailing the administrative expenses of such fund: Provided 
further, That each fund shall be governed by a Board of Directors 
comprised of six private United States citizens and three private 
citizens of each country, respectively, who have had international 
business careers and demonstrated expertise in international and 
emerging markets investment activities: Provided further, That not 
later than 1 year after the entry into force of the initial grant 
agreement under this section and annually thereafter, each fund 
shall prepare and make available to the public on an Internet 
Web site administered by the fund a detailed report on the fund’s 
activities during the previous year: Provided further, That the 
authority of any such fund or funds to provide assistance shall 
cease to be effective on December 31, 2022: Provided further, That 
funds made available pursuant to this section shall be subject 
to prior consultation with the Committees on Appropriations. 
(c) IRAN.— 
(1) It is the policy of the United States to seek to prevent 
Iran from achieving the capability to produce or otherwise 
manufacture nuclear weapons, including by supporting inter-
national diplomatic efforts to halt Iran’s uranium enrichment 
program, and the President should fully implement and enforce 
the Iran Sanctions Act of 1996, as amended (Public Law 104– 
172) as a means of encouraging foreign governments to require 
state-owned and private entities to cease all investment in, 
and support of, Iran’s energy sector and all exports of refined 
petroleum products to Iran. 
(2) None of the funds appropriated or otherwise made 
available in this Act under the heading ‘‘Export-Import Bank 
of the United States’’ may be used by the Export-Import Bank 
of the United States to provide any new financing (including 
loans, guarantees, other credits, insurance, and reinsurance) 
to any person that is subject to sanctions under paragraph 
(2) or (3) of section 5(a) of the Iran Sanctions Act of 1996 
(Public Law 104–172). 
(3) The reporting requirements in section 7043(c) in division 
F of Public Law 111–117 shall continue in effect during fiscal 
year 2012 as if part of this Act: Provided, That the date in 
subsection (c)(1) shall be deemed to be ‘‘September 30, 2012’’. 
(d) IRAQ.— 
(1) Funds appropriated or otherwise made available by 
this Act for assistance for Iraq shall be made available in 
a manner that utilizes Iraqi entities to the maximum extent 
practicable, and in accordance with the cost-matching and other 
requirements in the Department of State’s April 9, 2009 ‘‘Guide-
lines for Government of Iraq Financial Participation in United 
States Government-Funded Civilian Foreign Assistance Pro-
grams and Projects’’.
H. R. 2055—440 
(2) None of the funds appropriated or otherwise made 
available by this Act may be used by the Government of the 
United States to enter into a permanent basing rights agree-
ment between the United States and Iraq. 
(3) Funds appropriated by this Act under titles III and 
VI for assistance for Iraq may be made available notwith-
standing any other provision of law, except for this subsection 
and section 620M of the Foreign Assistance Act of 1961, as 
amended by this Act. 
(4) Funds appropriated by this Act for assistance for Iraq 
under the heading ‘‘Economic Support Fund’’ shall be made 
available for programs and activities for which policy justifica-
tions and decisions shall be the responsibility of the United 
States Chief of Mission in Iraq. 
(5)(A) Of the funds appropriated under the heading ‘‘Diplo-
matic and Consular Programs’’ in title VIII of this Act that 
are made available for security and provincial operations for 
the Department of State in Iraq, 15 percent shall be withheld 
from obligation until the Secretary of State submits a report 
to the Committees on Appropriations detailing— 
(i) an assessment of the security environment in Iraq 
with respect to facilities and personnel, and the anticipated 
impact of the withdrawal of United States Armed Forces 
in Iraq on such environment, on a facility-by-facility basis; 
(ii) an assessment of the security requirements at each 
facility, and the estimated cost of sustaining such require-
ments over the next 3 fiscal years; 
(iii) the types of military equipment to be used to 
meet the security requirements at each facility; 
(iv) the number of United States Government personnel 
anticipated at each facility, a general description of the 
duties of such personnel, and the number and cost of con-
tractors anticipated at each facility required for operational 
and other support; and 
(v) a description of contingency plans, including evacu-
ation, at each facility for United States Government per-
sonnel and contractors. 
(B) The report required by this paragraph may be sub-
mitted in classified form, if necessary. 
(e) LEBANON.— 
(1) None of the funds appropriated by this Act may be 
made available for the Lebanese Armed Forces (LAF) if the 
LAF is controlled by a foreign terrorist organization, as defined 
by section 219 of the Immigration and Nationality Act. 
(2) Funds appropriated by this Act under the heading ‘‘For-
eign Military Financing Program’’ for assistance for Lebanon 
may be made available only to professionalize the LAF and 
to strengthen border security and combat terrorism, including 
training and equipping the LAF to secure Lebanon’s borders, 
interdicting arms shipments, preventing the use of Lebanon 
as a safe haven for terrorist groups, and to implement United 
Nations Security Council Resolution 1701: Provided, That funds 
may not be made available for obligation until the Secretary 
of State submits a detailed spend plan to the Committees 
on Appropriations, except such plan may not be considered 
as meeting the notification requirements under section 7015 
of this Act or under section 634A of the Foreign Assistance
H. R. 2055—441 
Act of 1961, and shall be submitted not later than September 
1, 2012: Provided further, That the Secretary of State shall 
regularly consult with the Committees on Appropriations on 
the activities of the LAF and assistance provided by the United 
States: Provided further, That not later than 90 days after 
enactment of this Act, the Secretary of State shall submit 
a report to the Committees on Appropriations detailing the 
actions taken to ensure that equipment provided to the LAF 
is used for intended purposes. 
(3) Funds appropriated by this Act under titles III and 
VI for assistance for Lebanon may be made available notwith-
standing any other provision of law, except for this subsection 
and section 620M of the Foreign Assistance Act of 1961, as 
amended by this Act. 
(f) LIBYA.—Of the funds appropriated by this Act and prior 
Acts making appropriations for the Department of State, foreign 
operations, and related programs, up to $20,000,000 should be 
made available to promote democracy, transparent and accountable 
governance, human rights, transitional justice, and the rule of 
law in Libya, and for exchange programs between Libyan and 
American students and professionals: Provided, That such funds 
shall be made available, to the maximum extent practicable, on 
a cost matching basis: Provided further, That none of the funds 
appropriated by this Act may be made available for assistance 
for Libya for infrastructure projects, except on a loan basis with 
terms favorable to the United States, and only following consulta-
tion with the Committees on Appropriations. 
(g) MOROCCO.—Prior to the obligation of funds appropriated 
by this Act under the heading ‘‘Foreign Military Financing Program’’ 
for assistance for Morocco, the Secretary of State shall submit 
a report to the Committees on Appropriations on steps being taken 
by the Government of Morocco to— 
(1) respect the right of individuals to peacefully express 
their opinions regarding the status and future of the Western 
Sahara and to document violations of human rights; and 
(2) provide unimpeded access to human rights organiza-
tions, journalists, and representatives of foreign governments 
to the Western Sahara. 
(h) SYRIA.—Funds appropriated by this Act shall be made avail-
able to promote democracy and protect human rights in Syria, 
a portion of which should be programmed in consultation with 
governments in the region, as appropriate. 
(i) YEMEN.—None of the funds appropriated by this Act may 
be made available for the Armed Forces of Yemen if such forces 
are controlled by a foreign terrorist organization, as defined by 
section 219 of the Immigration and Nationality Act. 
SERBIA 
SEC. 7042. (a) Funds appropriated by this Act may be made 
available for assistance for the central Government of Serbia after 
May 31, 2012, if the Secretary of State has submitted the report 
required in subsection (c). 
(b) After May 31, 2012, the Secretary of the Treasury should 
instruct the United States executive directors of the international 
financial institutions to support loans and assistance to the Govern-
ment of Serbia subject to the condition in subsection (c).