SEC. 2. IRAN SANCTIONS ENFORCEMENT FUND. 
(a) IN GENERAL.—Not later than 15 days after the 
date of the enactment of this Act, there shall be estab-
lished in the Treasury of the United States a fund, to be 
known as the ‘‘Iran Sanctions Enforcement Fund’’ (in this 
section referred to as the ‘‘Fund’’), to pay expenses relat-
ing to seizures and forfeitures of property made with re-
spect to violations by Iran or a covered Iranian proxy of 
sanctions imposed by the United States. 
(b) DESIGNATION OF ADMINISTRATOR.—Not later 
than 15 days after the date of the enactment of this Act, 
the Secretary of Homeland Security, in consultation with 
the Secretary of the Treasury, shall appoint an adminis-
trator for the Fund (in this section referred to as the ‘‘Ad-
ministrator’’). 
(c) EXPENDITURES FROM THE FUND.— 
(1) IN GENERAL.—The Administrator may au-
thorize amounts from the Fund to be used, without 
further appropriation or fiscal year limitation, for 
payment of all proper expenses relating to a covered 
seizure or forfeiture, including the following: 
(A) Investigative costs incurred by a law 
enforcement agency of the Department of 
Homeland Security or the Department of Jus-
tice. 
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(B) Expenses of detention, inventory, secu-
rity, maintenance, advertisement, or disposal of 
the property seized or forfeited, and if con-
demned by a court and a bond for such costs 
was not given, the costs as taxed by the court. 
(C) Costs of— 
(i) contract services relating to a cov-
ered seizure or forfeiture; 
(ii) the employment of outside con-
tractors to operate and manage properties 
seized or forfeited or to provide other spe-
cialized services necessary to dispose of 
such properties in an effort to maximize 
the return from such properties; and 
(iii) reimbursing any Federal, State, 
or local agency for any expenditures made 
to perform the functions described in this 
subparagraph. 
(D) Payments to reimburse any covered 
Federal agency for investigative costs incurred 
leading to a covered seizure or forfeiture. 
(E) Payments for contracting for the serv-
ices of experts and consultants needed by the 
Department of Homeland Security or the De-
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partment of Justice to assist in carrying out 
duties related to a covered seizure or forfeiture. 
(F) Awards of compensation to informers 
for assistance provided with respect to a viola-
tion by Iran or a covered Iranian proxy of sanc-
tions imposed by the United States that leads 
to a covered seizure or forfeiture. 
(G) Equitable sharing payments made to 
other Federal agencies, State and local law en-
forcement agencies, and foreign governments 
for expenses incurred with respect to a covered 
seizure or forfeiture. 
(H) Payment of overtime pay, salaries, 
travel, fuel, training, equipment, and other 
similar expenses of State or local law enforce-
ment officers that are incurred in joint law en-
forcement operations with a covered Federal 
agency relating to covered seizure or forfeiture. 
(2) AUTHORIZATION OF USE OF FUND FOR AD-
DITIONAL PURPOSES.—The Secretary of Homeland 
Security may direct the Administrator to authorize 
the use of amounts in the Fund for the following: 
(A) Payment of awards for information or 
assistance leading to a civil or criminal for-
feiture made with respect to a violation by Iran 
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or a covered Iranian proxy of sanctions imposed 
by the United States and involving any covered 
Federal agency. 
(B) Purchases of evidence or information 
by a covered Federal agency with respect to a 
violation by Iran or a covered Iranian proxy of 
sanctions imposed by the United States that 
leads to a covered seizure or forfeiture. 
(C) Payment for equipment for any vessel, 
vehicle, or aircraft available for official use by 
a covered Federal agency to enable the vessel, 
vehicle, or aircraft to assist in law enforcement 
functions relating to a covered seizure or for-
feiture, and for other equipment directly related 
to a covered seizure or forfeiture, including lab-
oratory equipment, protective equipment, com-
munications equipment, and the operation and 
maintenance costs of such equipment. 
(D) Payment for equipment for any vessel, 
vehicle, or aircraft for official use by a State or 
local law enforcement agency to enable the ves-
sel, vehicle, or aircraft to assist in law enforce-
ment functions relating to a covered seizure or 
forfeiture if the vessel, vehicle, or aircraft will 
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be used in joint law enforcement operations 
with a covered Federal agency. 
(E) Reimbursement of individuals or orga-
nizations for expenses incurred by such individ-
uals or organizations in cooperating with a cov-
ered Federal agency in investigations and un-
dercover law enforcement operations relating to 
a covered seizure or forfeiture. 
(3) PRIORITIZATION
OF
ACTIVITIES
WITHIN 
THE FUND.—In allocating amounts from the Fund 
for the purposes described in paragraphs (1) and 
(2), the Administrator shall prioritize activities that 
result in the seizure and forfeiture of oil or petro-
leum products or other commodities or methods of 
exchange that fund the efforts of Iran or covered 
Iranian proxies to carry out acts of international ter-
rorism or otherwise kill United States citizens. 
(d) MANAGEMENT OF FUND.—The Fund shall be 
managed and invested in the same manner as a trust fund 
is managed and invested under section 9602 of the Inter-
nal Revenue Code of 1986. 
(e) FUNDING.— 
(1) INITIAL FUNDING.— 
(A) 
AUTHORIZATION
OF
APPROPRIA-
TIONS.—There is authorized to be appropriated 
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to the Fund $150,000,000 for fiscal year 2024, 
to remain available until expended. 
(B) REPAYMENT OF INITIAL FUNDING.— 
(i) IN GENERAL.—Not later than Sep-
tember 30, 2034, the Administrator shall 
transfer from the Fund into the general 
fund of the Treasury an amount equal to 
$150,000,000, as adjusted pursuant to 
paragraph (4). 
(ii) RULE
OF
CONSTRUCTION.—The 
repayment of amounts under clause (i) 
shall not be construed as a termination of 
the authority for operation of the Fund. 
(2) CONTINUED OPERATION AND FUNDING.— 
(A) IN
GENERAL.—Subject to subpara-
graph (B), the net proceeds from the sale of 
property, forfeited or paid to the United States, 
arising from a violation by Iran or a covered 
Iranian proxy of sanctions imposed by the 
United States, shall be deposited or transferred 
into the Fund. 
(B) TRANSFER OF PROCEEDS AFTER DE-
POSITS INTO THE JUSTICE FOR UNITED STATES 
VICTIMS
OF
STATE
SPONSORED
TERRORISM 
ACT.—The deposit or transfer of any net pro-
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ceeds to the Fund under subparagraph (A) 
shall occur after the deposit or transfer of net 
proceeds into the United States Victims of 
State Sponsored Terrorism Fund as required by 
subsection (e)(2)(A)(ii) of the Justice for 
United States Victims of State Sponsored Ter-
rorism Act (34 U.S.C. 20144). 
(3) MAXIMUM END-OF-YEAR BALANCE.— 
(A) IN GENERAL.—If, at the end of a fis-
cal year, the amount in the Fund exceeds the 
amount specified in subparagraph (B), the Ad-
ministrator shall transfer the amount in excess 
of the amount specified in subparagraph (B) to 
the general fund of the Treasury for the pay-
ment of the public debt of the United States. 
(B) AMOUNT
SPECIFIED.—The amount 
specified in this subparagraph is— 
(i) in fiscal year 2024, $500,000,000; 
and 
(ii) in any fiscal year thereafter, 
$500,000,000, as adjusted pursuant to 
paragraph (4). 
(4) ADJUSTMENTS FOR INFLATION.— 
(A) IN GENERAL.—The amounts described 
in paragraphs (1)(B)(i) and (3)(B)(ii) shall be 
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adjusted, at the beginning of each of fiscal 
years 2025 through 2034, to reflect the per-
centage (if any) of the increase in the average 
of the Consumer Price Index for the preceding 
12-month period compared to the Consumer 
Price Index for fiscal year 2023. 
(B) CONSUMER PRICE INDEX DEFINED.— 
In this paragraph, the term ‘‘Consumer Price 
Index’’ means the Consumer Price Index for All 
Urban Consumers published by the Bureau of 
Labor Statistics of the Department of Labor. 
(f) PROHIBITION ON TRANSFER OF FUNDS.— 
(1) IN GENERAL.—Any expenditure of amounts 
in the Fund, or transfer of amounts from the Fund, 
not authorized by this section is prohibited. 
(2) ACTS BY CONGRESS.—Any Act of Congress 
to remove money from the Fund shall be reported in 
the Federal Register not later than 10 days after 
the enactment of the Act. 
(g) REPORT.—Not later than September 1, 2024, 
and annually thereafter through September 1, 2034, the 
Secretary of Homeland Security, with the concurrence of 
the Secretary of the Treasury, shall submit to the appro-
priate congressional committees a report on— 
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(1) all activities supported by the Fund during 
the fiscal year during which the report is submitted 
and the preceding fiscal year; 
(2) a list of each covered seizure or forfeiture 
supported by the Fund during those fiscal years 
and, with respect to each such seizure or for-
feiture— 
(A) the goods seized; 
(B) the current status of the forfeiture of 
the goods; 
(C) an assessment of the impact on the na-
tional security of the United States of the sei-
zure or forfeiture, including the estimated loss 
of revenue to the person from which the goods 
were seized; and 
(D) any anticipated response or outcome of 
the seizure or forfeiture; 
(3) the financial health and financial data of 
the Fund as of the date of the report; 
(4) the amount transferred to the general fund 
of the Treasury under subsection (e) or (h); 
(5)(A) the amount paid to informants for infor-
mation or evidence under subsection (c); 
(B) whether the information or evidence led to 
a seizure; and 
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(C) if so, the cost of the goods seized; 
(6) the amount remaining to be transferred 
under subsection (e)(3) and an estimated timeline 
for transferring the full amount required by that 
subsection; and 
(7)(A) any instances during the fiscal years 
covered by the report of a covered seizure or for-
feiture if, after amounts were expended from the 
Fund to support the seizure or forfeiture, the seizure 
or forfeiture did not occur as a result of a policy de-
cision made by the Secretary of Homeland Security, 
the President, or any other official of the United 
States; and 
(B) a description of the costs incurred and rea-
sons the seizure or forfeiture did not occur. 
(h) FAILURE TO REPORT OR UTILIZE THE FUND.— 
(1) EFFECT
OF
FAILURE
TO
SUBMIT
RE-
PORT.—If a report required by subsection (g) is not 
submitted to the appropriate congressional commit-
tees by the date that is 180 days after the report is 
due under subsection (g), the Administrator shall 
transfer an amount equal to 5 percent of the 
amounts in the Fund to the general fund of the 
Treasury for the payment of the public debt of the 
United States. For each 90-day period thereafter 
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during which the report is not submitted, the Ad-
ministrator shall transfer an additional amount, 
equal to 5 percent of the amounts in the Fund, to 
the general fund of the Treasury for that purpose. 
(2) EFFECT OF FAILURE TO USE FUND.—If a 
report submitted under subsection (g) indicates that 
amounts in the Fund have not been used for any 
seizure or forfeiture activity during the fiscal years 
covered by the report, the Fund shall be terminated 
and any amounts in the Fund shall transferred to 
the general fund of the Treasury for the payment of 
the public debt of the United States. 
(3) WAIVER OF TERMINATION OF FUND FOR 
NATIONAL SECURITY PURPOSES.— 
(A) IN GENERAL.—If the President deter-
mines that it is in the national security inter-
ests of the United States not to terminate the 
Fund as required by paragraph (2), the Presi-
dent may waive the requirement to terminate 
the Fund. 
(B) REPORT REQUIRED.—If the President 
exercises the waiver authority under subpara-
graph (A), the President shall submit to the ap-
propriate congressional committees a report de-
scribing the factors considered in determining 
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that it is in the national security interests of 
the United States not to terminate the Fund. 
(C) FORM.—The report required by sub-
paragraph (B) shall be submitted in unclassi-
fied form, but may include a classified annex. 
(i) RULE OF CONSTRUCTION.—Nothing in this sec-
tion may be construed to affect the requirements of sub-
section (e) of the Justice for United States Victims of 
State Sponsored Terrorism Act (34 U.S.C. 20144(e)) or 
the operation of the United States Victims of State Spon-
sored Terrorism Fund under that subsection. 
(j) DEFINITIONS.—In this section: 
(1) APPROPRIATE
CONGRESSIONAL
COMMIT-
TEES.—The term ‘‘appropriate congressional com-
mittees’’ means— 
(A) the Committee on Banking, Housing, 
and Urban Affairs and the Committee on 
Homeland Security and Governmental Affairs 
of the Senate; and 
(B) the Committee on Financial Services 
and the Committee on Homeland Security of 
the House of Representatives. 
(2) COVERED
FEDERAL
AGENCY.—The term 
‘‘covered Federal agency’’ means any Federal agency 
specified in section 3(b). 
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(3) COVERED IRANIAN PROXY.—The term ‘‘cov-
ered Iranian proxy’’ means a violent extremist orga-
nization or other organization that works on behalf 
of or receives financial or material support from 
Iran, including— 
(A) the Iranian Revolutionary Guard 
Corps–Quds Force; 
(B) Hamas; 
(C) Palestinian Islamic Jihad; 
(D) Hezbollah; 
(E) Ansar Allah (the Houthis); and 
(F) Iranian-sponsored militias in Iraq and 
Syria. 
(4) COVERED SEIZURE OR FORFEITURE.—The 
term ‘‘covered seizure or forfeiture’’ means a seizure 
or forfeiture of property made with respect to a vio-
lation by Iran or a covered Iranian proxy of sanc-
tions imposed by the United States. 
SEC. 3. ESTABLISHMENT OF EXPORT ENFORCEMENT CO-
ORDINATION CENTER. 
(a) ESTABLISHMENT.—The Secretary of Homeland 
Security shall operate and maintain, within Homeland Se-
curity Investigations, the Export Enforcement Coordina-
tion Center, as established by Executive Order 13558 (50 
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U.S.C. 4601 note) (in this section referred to as the ‘‘Cen-
ter’’). 
(b) PURPOSES.—The Center shall serve as the pri-
mary center for Federal Government export enforcement 
efforts among the following agencies: 
(1) The Department of State. 
(2) The Department of the Treasury. 
(3) The Department of Defense. 
(4) The Department of Justice. 
(5) The Department of Commerce. 
(6) The Department of Energy. 
(7) The Department of Homeland Security. 
(8) The Office of the Director of National Intel-
ligence. 
(9) Such other agencies as the President may 
designate. 
(c) COORDINATION AUTHORITY.—The Center shall— 
(1) serve as a conduit between Federal law en-
forcement agencies and the intelligence community 
(as defined in section 3(4) of the National Security 
Act of 1947 (50 U.S.C. 3003(4))) for the exchange 
of information related to potential violations of 
United States export controls; 
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(2) serve as a primary point of contact between 
enforcement authorities and agencies engaged in ex-
port licensing; 
(3) coordinate law enforcement public outreach 
activities related to United States export controls; 
(4) serve as the primary deconfliction and sup-
port center to assist law enforcement agencies to co-
ordinate and enhance investigations with respect to 
export control violations; 
(5) establish integrated, Government-wide sta-
tistical tracking and targeting capabilities to support 
export enforcement; and 
(6) carry out additional duties as assigned by 
the Secretary of Homeland Security regarding the 
enforcement of United States export control laws. 
(d) ADMINISTRATION.—The Executive Associate Di-
rector of Homeland Security Investigations shall— 
(1) serve as the administrator of the Center; 
and 
(2) maintain documentation that describes the 
participants in, funding of, core functions of, and 
personnel assigned to, the Center. 
(e) DIRECTOR; DEPUTY DIRECTORS.— 
(1) DIRECTOR.—The Center shall have a Direc-
tor, who shall be— 
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(A) a member of the Senior Executive 
Service (as defined in section 2101a of title 5, 
United States Code) and a special agent within 
Homeland Security Investigations; and 
(B) designated by the Secretary of Home-
land Security. 
(2) DEPUTY
DIRECTORS.—The Center shall 
have 2 Deputy Directors, as follows: 
(A) One Deputy Director, who shall be— 
(i) a full-time employee of the Depart-
ment of Commerce; and 
(ii) appointed by the Secretary of 
Commerce. 
(B) One Deputy Director, who shall be— 
(i) a full-time employee of the Depart-
ment of Justice; and 
(ii) appointed by the Attorney Gen-
eral. 
(f) LIAISONS FROM OTHER AGENCIES.— 
(1) INTELLIGENCE
COMMUNITY
LIAISON.—An 
intelligence community liaison shall be detailed to 
the Center. The liaison shall be— 
(A) a full-time employee of an element of 
the intelligence community; and 
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(B) designated by the Director of National 
Intelligence. 
(2) LIAISONS FROM OTHER AGENCIES.— 
(A) IN GENERAL.—A liaison shall be de-
tailed to the Center by each agency specified in 
subparagraph (B). Such liaisons shall be special 
agents, officers, intelligence analysts, or intel-
ligence officers, as appropriate. 
(B) AGENCIES SPECIFIED.—The agencies 
specified in this subparagraph are the following: 
(i) Homeland Security Investigations. 
(ii) U.S. Customs and Border Protec-
tion. 
(iii) The Office of Export Enforce-
ment of the Bureau of Industry and Secu-
rity of the Department of Commerce. 
(iv) The Federal Bureau of Investiga-
tion. 
(v) The Defense Criminal Investiga-
tive Service. 
(vi) The Bureau of Alcohol, Tobacco, 
Firearms, and Explosives. 
(vii) The National Counterintelligence 
and Security Center of the Office of the 
Director of National Intelligence. 
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(viii) The Department of Energy. 
(ix) The Office of Foreign Assets Con-
trol of the Department of the Treasury. 
(x) The Directorate of Defense Trade 
Controls of the Department of State. 
(xi) The Office of Export Administra-
tion of the Bureau of Industry and Secu-
rity. 
(xii) The Office of Enforcement Anal-
ysis of the Bureau of Industry and Secu-
rity. 
(xiii) The Office of Special Investiga-
tions of the Air Force. 
(xiv) The Criminal Investigation Divi-
sion of the Army. 
(xv) The Naval Criminal Investigative 
Service. 
(xvi) The Defense Intelligence Agency. 
(xvii) The Defense Counterintelligence 
and Security Agency. 
(xviii) Any other agency, at the re-
quest of the Secretary of Homeland Secu-
rity. 
Æ 
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