IIB 
110TH CONGRESS 
1ST SESSION H. R. 1400 
IN THE SENATE OF THE UNITED STATES 
SEPTEMBER 26, 2007 
Received; read twice and referred to the Committee on Banking, Housing, and 
Urban Affairs 
AN ACT 
To enhance United States diplomatic efforts with respect 
to Iran by imposing additional economic sanctions 
against 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, 
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS
HR 1400 RFS
SECTION 1. SHORT TITLE AND TABLE OF CONTENTS. 
(a) SHORT TITLE.—This Act may be cited as the 
‘‘Iran Counter-Proliferation Act of 2007’’. 
(b) TABLE OF CONTENTS.—The table of contents for 
this Act is as follows: 
Sec. 1. Short title and table of contents. 
Sec. 2. United States policy toward Iran. 
TITLE I—SUPPORT FOR DIPLOMATIC EFFORTS RELATING TO 
PREVENTING IRAN FROM ACQUIRING NUCLEAR WEAPONS 
Sec. 101. Support for international diplomatic efforts. 
Sec. 102. Peaceful efforts by the United States. 
TITLE II—ADDITIONAL BILATERAL SANCTIONS AGAINST IRAN 
Sec. 201. Application to subsidiaries. 
Sec. 202. Additional import sanctions against Iran. 
Sec. 203. Additional export sanctions against Iran. 
Sec. 204. Temporary increase in fee for certain consular services. 
TITLE III—AMENDMENTS TO THE IRAN SANCTIONS ACT OF 1996 
Sec. 301. Multilateral regime. 
Sec. 302. Mandatory sanctions. 
Sec. 303. Authority to impose sanctions on principal executive officers. 
Sec. 304. United States efforts to prevent investment. 
Sec. 305. Clarification and expansion of definitions. 
Sec. 306. Removal of waiver authority. 
Sec. 307. Clarification of authority. 
Sec. 308. Applicability of certain amendments. 
TITLE IV—ADDITIONAL MEASURES 
Sec. 401. Additions to terrorism and other lists. 
Sec. 402. Increased capacity for efforts to combat unlawful or terrorist financ-
ing. 
Sec. 403. Exchange programs with the people of Iran. 
Sec. 404. Reducing contributions to the World Bank. 
Sec. 405. Restrictions on nuclear cooperation with countries assisting the nu-
clear program of Iran. 
TITLE V—MISCELLANEOUS PROVISIONS 
Sec. 501. Termination. 
SEC. 2. UNITED STATES POLICY TOWARD IRAN. 
(a) FINDINGS.—Congress finds the following: 
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS
HR 1400 RFS
(1) The prospect of the Islamic Republic of 
Iran achieving nuclear arms represents a grave 
threat to the United States and its allies in the Mid-
dle East, Europe, and globally. 
(2) The nature of this threat is manifold, rang-
ing from the vastly enhanced political influence ex-
tremist Iran would wield in its region, including the 
ability to intimidate its neighbors, to, at its most 
nightmarish, the prospect that Iran would attack its 
neighbors and others with nuclear arms. This con-
cern is illustrated by the statement of Hashemi 
Rafsanjani, former president of Iran and currently a 
prominent member of two of Iran’s most important 
decisionmaking bodies, of December 14, 2001, when 
he said that it ‘‘is not irrational to contemplate’’ the 
use of nuclear weapons. 
(3) The theological nature of the Iranian re-
gime creates a special urgency in addressing Iran’s 
efforts to acquire nuclear weapons. 
(4) Iranian regime leaders have persistently de-
nied Israel’s right to exist. Current President 
Mahmoud Ahmadinejad has called for Israel to be 
‘‘wiped off the map’’ and the Government of Iran 
has displayed inflammatory symbols that express 
similar intent. 
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS
HR 1400 RFS
(5) The nature of the Iranian threat makes it 
critical that the United States and its allies do ev-
erything possible—diplomatically, politically, and 
economically—to prevent Iran from acquiring nu-
clear-arms capability and persuade the Iranian re-
gime to halt its quest for nuclear arms. 
(b) SENSE OF CONGRESS.—It is the sense of the 
Congress that— 
(1) Iranian President Ahmadinejad’s persistent 
denials of the Holocaust and his repeated assertions 
that Israel should be ‘‘wiped off the map’’ may con-
stitute a violation of the Convention on the Preven-
tion and Punishment of the Crime of Genocide and 
should be brought before an appropriate inter-
national tribunal for the purpose of declaring Iran 
in breach of the Genocide Convention; 
(2) the United States should increase use of its 
important role in the international financial sector to 
isolate Iran; 
(3) Iran should be barred from entering the 
World Trade Organization (WTO) until all issues re-
lated to its nuclear program are resolved; 
(4) all future free trade agreements entered 
into by the United States should be conditioned on 
the requirement that the parties to such agreements 
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS
HR 1400 RFS
pledge not to invest and not to allow companies 
based in its territory or controlled by its citizens to 
invest in Iran’s energy sector or otherwise to make 
significant investment in Iran; 
(5) United Nations Security Council Resolu-
tions 1737 (December 23, 2006) and 1747 (March 
24, 2007), which were passed unanimously and man-
date an immediate and unconditional suspension of 
Iran’s nuclear enrichment program, represent a crit-
ical gain in the worldwide campaign to prevent 
Iran’s acquisition of nuclear arms and should be 
fully respected by all nations; 
(6) the United Nations Security Council should 
take further measures beyond Resolutions 1737 and 
1747 to tighten sanctions on Iran, including pre-
venting new investment in Iran’s energy sector, as 
long as Iran fails to comply with the international 
community’s demand to halt its nuclear enrichment 
campaign; 
(7) the United States should encourage foreign 
governments to direct state-owned entities to cease 
all investment in Iran’s energy sector and all exports 
of refined petroleum products to Iran and to per-
suade, and, where possible, require private entities 
based in their territories to cease all investment in 
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00005
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS
HR 1400 RFS
Iran’s energy sector and all exports of refined petro-
leum products to Iran; 
(8) moderate Arab states have a vital and per-
haps existential interest in preventing Iran from ac-
quiring nuclear arms, and therefore such states, par-
ticularly those with large oil deposits, should use 
their economic leverage to dissuade other nations, 
including the Russian Federation and the People’s 
Republic of China, from assisting Iran’s nuclear pro-
gram directly or indirectly and to persuade other na-
tions, including Russia and China, to be more forth-
coming in supporting United Nations Security Coun-
cil efforts to halt Iran’s nuclear program; 
(9) the United States should take all possible 
measures to discourage and, if possible, prevent for-
eign banks from providing export credits to foreign 
entities seeking to invest in the Iranian energy sec-
tor; 
(10) the United States should oppose any fur-
ther activity by the International Bank for Recon-
struction and Development with respect to Iran, or 
the adoption of a new Country Assistance Strategy 
for Iran, including by seeking the cooperation of 
other countries; 
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS
HR 1400 RFS
(11) the United States should extend its pro-
gram of discouraging foreign banks from accepting 
Iranian state banks as clients; 
(12) the United States should prohibit all Ira-
nian state banks from using the United States bank-
ing system; 
(13) State and local government pension plans 
should divest themselves of all non-United States 
companies investing more than $20,000,000 in 
Iran’s energy sector; 
(14) the United States should designate the 
Iranian Islamic Revolutionary Guards Corps, which 
purveys terrorism throughout the Middle East and 
plays an important role in the Iranian economy, as 
a foreign terrorist organization under section 219 of 
the Immigration and Nationality Act, place the Ira-
nian Islamic Revolutionary Guards Corps on the list 
of specially designated global terrorists, and place 
the Iranian Islamic Revolutionary Guards Corps on 
the list of weapons of mass destruction proliferators 
and their supporters; 
(15) United States concerns regarding Iran are 
strictly the result of actions of the Government of 
Iran; and 
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS
HR 1400 RFS
(16) the American people have feelings of 
friendship for the Iranian people, regret that devel-
opments of recent decades have created impediments 
to that friendship, and hold the Iranian people, their 
culture, and their ancient and rich history in the 
highest esteem. 
TITLE I—SUPPORT FOR DIPLO-
MATIC 
EFFORTS 
RELATING 
TO PREVENTING IRAN FROM 
ACQUIRING NUCLEAR WEAP-
ONS 
SEC. 101. SUPPORT FOR INTERNATIONAL DIPLOMATIC EF-
FORTS. 
It is the sense of the Congress that— 
(1) the United States should use diplomatic and 
economic means to resolve the Iranian nuclear prob-
lem; 
(2) the United States should continue to sup-
port efforts in the International Atomic Energy 
Agency and the United Nations Security Council to 
bring about an end to Iran’s uranium enrichment 
program and its nuclear weapons program; and 
(3)(A) United Nations Security Council Resolu-
tion 1737 was a useful first step toward pressing 
Iran to end its nuclear weapons program; and 
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS
HR 1400 RFS
(B) in light of Iran’s continued defiance of the 
international community, the United Nations Secu-
rity Council should adopt additional measures 
against Iran, including measures to prohibit invest-
ments in Iran’s energy sector. 
SEC. 102. PEACEFUL EFFORTS BY THE UNITED STATES. 
Nothing in this Act shall be construed as authorizing 
the use of force or the use of the United States Armed 
Forces against Iran. 
TITLE 
II—ADDITIONAL 
BILAT-
ERAL 
SANCTIONS 
AGAINST 
IRAN 
SEC. 201. APPLICATION TO SUBSIDIARIES. 
(a) IN GENERAL.—Except as provided in subsection 
(b), in any case in which an entity engages in an act out-
side the United States which, if committed in the United 
States or by a United States person, would violate Execu-
tive Order No. 12959 of May 6, 1995, Executive Order 
No. 13059 of August 19, 1997, or any other prohibition 
on transactions with respect to Iran that is imposed under 
the International Emergency Economic Powers Act (50 
U.S.C. 1701 et seq.) and if that entity was created or 
availed of for the purpose of engaging in such an act, the 
parent company of that entity shall be subject to the pen-
VerDate Aug 31 2005 
22:13 Sep 28, 2007
Jkt 059200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H1400.RFS
H1400
mstockstill on PROD1PC66 with BILLS