Title: Palestinian International Terrorism Support Prevention Act of 2021
Policy area: International Affairs

Summary:
Palestinian International Terrorism Support Prevention Act of 2021
This bill imposes sanctions targeting Hamas, the Palestinian Islamic Jihad, and any affiliate or successor groups.
The President shall periodically report to Congress a list of each foreign person or instrumentality that knowingly assists, provides significant support or services to, or is involved in a significant transaction with a senior member or supporter of any of the targeted groups.
The President shall impose two or more sanctions on the named persons. Specifically, the person may be (1) denied credit and services from the Export-Import Bank, (2) barred from purchasing certain controlled defense articles, (3) denied exports of items on the U.S. Munitions List, (4) prevented from receiving exports of certain goods or technology controlled for national security reasons, (5) prohibited from receiving financing of more than $10 million from any U.S. financial institution, or (6) subject to property-blocking restrictions.
The President shall periodically report to Congress a list of foreign governments that have repeatedly provided material support for the targeted groups' terrorist activities. The President shall bar these governments from receiving for one year (1) U.S. assistance, or (2) exports of controlled munitions. The Department of Treasury shall instruct U.S. leadership of international financial institutions to oppose the provision of assistance to an identified government for one year.
The bill provides for certain exceptions and waivers, such as for transactions that would serve U.S. national interests.
The President shall report to Congress and periodically provide briefings on other specified topics related to the targeted groups, such as where these groups secure financing and surveillance equipment.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 1904 Introduced in Senate (IS)]

<DOC>






117th CONGRESS
  1st Session
                                S. 1904

  To impose sanctions with respect to foreign support for Palestinian 
                   terrorism, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 27, 2021

   Mr. Rubio (for himself, Mr. Grassley, Ms. Collins, Mr. Moran, Mr. 
  Young, Mr. Hoeven, Ms. Ernst, Mr. Braun, Mr. Boozman, Mr. Scott of 
Florida, Mrs. Hyde-Smith, Mr. Wicker, Mr. Lankford, Mrs. Blackburn, Mr. 
Hagerty, and Mr. Hawley) introduced the following bill; which was read 
        twice and referred to the Committee on Foreign Relations

_______________________________________________________________________

                                 A BILL


 
  To impose sanctions with respect to foreign support for Palestinian 
                   terrorism, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Palestinian International Terrorism 
Support Prevention Act of 2021''.

SEC. 2. DEFINITIONS.

    Except as otherwise provided, in this Act:
            (1) Admitted.--The term ``admitted'' has the meaning given 
        that term in section 101(a)(13)(A) of the Immigration and 
        Nationality Act (8 U.S.C. 1101(a)(13)(A)).
            (2) Appropriate congressional committees.--Except as 
        otherwise provided, the term ``appropriate congressional 
        committees'' means the Committee on Foreign Relations of the 
        Senate and the Committee on Foreign Affairs of the House of 
        Representatives.
            (3) Foreign person.--The term ``foreign person'' means--
                    (A) an individual who is not a United States 
                person; or
                    (B) a corporation, partnership, or other 
                nongovernmental entity that is not a United States 
                person.
            (4) Material support.--The term ``material support'' has 
        the meaning given the term ``material support or resources'' in 
        section 2339A of title 18, United States Code.
            (5) Person.--The term ``person'' means an individual or 
        entity.
            (6) United states person.--The term ``United States 
        person'' means--
                    (A) a United States citizen or an alien lawfully 
                admitted for permanent residence to the United States; 
                or
                    (B) an entity organized under the laws of the 
                United States or of any jurisdiction within the United 
                States, including a foreign branch of such an entity.

SEC. 3. STATEMENT OF POLICY.

    It is the policy of the United States--
            (1) to prevent Hamas, the Palestinian Islamic Jihad, or any 
        affiliate or successor thereof from accessing its international 
        support networks; and
            (2) to oppose Hamas, the Palestinian Islamic Jihad, or any 
        affiliate or successor thereof from attempting to use goods, 
        including medicine and dual-use items, to smuggle weapons and 
        other materials to further acts of terrorism.

SEC. 4. IMPOSITION OF SANCTIONS WITH RESPECT TO FOREIGN PERSONS AND 
              AGENCIES AND INSTRUMENTALITIES OF FOREIGN STATES 
              SUPPORTING HAMAS, THE PALESTINIAN ISLAMIC JIHAD, OR ANY 
              AFFILIATE OR SUCCESSOR THEREOF.

    (a) Identification.--
            (1) In general.--Not later than 180 days after the date of 
        the enactment of this Act, and annually thereafter for the 
        following 3 years, the President shall submit to the 
        appropriate congressional committees a report that identifies 
        each foreign person or agency or instrumentality of a foreign 
        state that the President determines--
                    (A) knowingly assists in, sponsors, or provides 
                significant financial or material support for, or 
                financial or other services to or in support of, the 
                terrorist activities of any person described in 
                paragraph (2); or
                    (B) directly or indirectly, knowingly and 
                materially engages in a significant transaction with 
                any person described in paragraph (2).
            (2) Person described.--A person described in this paragraph 
        is a foreign person that the President determines--
                    (A) is a senior member of Hamas, the Palestinian 
                Islamic Jihad, or any affiliate or successor thereof;
                    (B) is a senior member of a foreign terrorist 
                organization designated pursuant to section 219 of the 
                Immigration and Nationality Act (8 U.S.C. 1189) whose 
                members directly or indirectly support the terrorist 
                activities of Hamas, the Palestinian Islamic Jihad, or 
                any affiliate or successor thereof by knowingly 
                engaging in a significant transaction with, or 
                providing financial or material support for Hamas, the 
                Palestinian Islamic Jihad, or any affiliate or 
                successor thereof, or any person described in 
                subparagraph (A); or
                    (C) directly or indirectly supports the terrorist 
                activities of Hamas, the Palestinian Islamic Jihad, or 
                any affiliate or successor thereof by knowingly and 
                materially assisting, sponsoring, or providing 
                financial or material support for, or goods or services 
                to or in support of, Hamas, the Palestinian Islamic 
                Jihad, or any affiliate or successor thereof, or any 
                person described in subparagraph (A) or (B).
            (3) Form of report.--Each report required under paragraph 
        (1) shall be submitted in unclassified form, but may contain a 
        classified annex.
            (4) Exception.--
                    (A) In general.--The President shall not be 
                required to identify a foreign person or an agency or 
                instrumentality of a foreign state in a report pursuant 
                to paragraph (1)(B) if--
                            (i) the foreign person or agency or 
                        instrumentality of a foreign state notifies the 
                        United States Government in advance that it 
                        proposes to engage in a significant transaction 
                        described in that paragraph; and
                            (ii) the President determines and notifies 
                        the appropriate congressional committees in a 
                        classified form not less than 15 days prior to 
                        the foreign person or agency or instrumentality 
                        of a foreign state engaging in the significant 
                        transaction that the significant transaction is 
                        in the national interests of the United States.
                    (B) Non-applicability.--Subparagraph (A) shall not 
                apply with respect to--
                            (i) an agency or instrumentality of a 
                        foreign state that the Secretary of State 
                        determines has repeatedly provided support for 
                        acts of international terrorism pursuant to 
                        section 1754(c) of the Export Controls Act of 
                        2018 (50 U.S.C. 4813(c)), section 40 of the 
                        Arms Export Control Act (22 U.S.C. 2780), 
                        section 620A of the Foreign Assistance Act of 
                        1961 (22 U.S.C. 2371), or any other provision 
                        of law; or
                            (ii) any significant transaction described 
                        in paragraph (1)(B) that involves, directly or 
                        indirectly, a foreign state described in clause 
                        (i).
    (b) Imposition of Sanctions.--
            (1) In general.--The President shall impose two or more of 
        the sanctions described in paragraph (2) with respect to a 
        foreign person or an agency or instrumentality of a foreign 
        state identified pursuant to subsection (a).
            (2) Sanctions described.--The sanctions described in this 
        paragraph to be imposed with respect to a foreign person or an 
        agency or instrumentality of a foreign state are the following:
                    (A) The President may direct the Export-Import Bank 
                of the United States not to give approval to the 
                issuance of any guarantee, insurance, extension of 
                credit, or participation in the extension of credit in 
                connection with the export of any goods or services to 
                the foreign person or agency or instrumentality of a 
                foreign state, and the Export-Import Bank of the United 
                States shall comply with any such direction.
                    (B) The President may prohibit the sale of any 
                defense articles, defense services, or design and 
                construction services under the Arms Export Control Act 
                (22 U.S.C. 2751 et seq.) to the foreign person or 
                agency or instrumentality of a foreign state.
                    (C) The President may prohibit the issuance of 
                licenses for export of any item on the United States 
                Munitions List under section 38(a)(1) of the Arms 
                Export Control Act (22 U.S.C. 2778(a)(1)) that include 
                the foreign person or agency or instrumentality of a 
                foreign state as a party.
                    (D) The President may prohibit the export of any 
                goods or technologies controlled for national security 
                reasons under the Export Administration Regulations 
                under subchapter C of chapter VII of title 15, Code of 
                Federal Regulations, to the foreign person or agency or 
                instrumentality of a foreign state, except that such 
                prohibition shall not apply to any transaction subject 
                to the reporting requirements of title V of the 
                National Security Act of 1947 (50 U.S.C. 3091 et seq.).
                    (E) The President may prohibit any United States 
                financial institution from making loans or providing 
                any credit or financing totaling more than $10,000,000 
                to the foreign person or agency or instrumentality of a 
                foreign state, except that this subparagraph shall not 
                apply to--
                            (i) any transaction subject to the 
                        reporting requirements of title V of the 
                        National Security Act of 1947 (50 U.S.C. 3091 
                        et seq.);
                            (ii) the provision of medicines, medical 
                        equipment, and humanitarian assistance; or
                            (iii) any credit, credit guarantee, or 
                        financial assistance provided by the Department 
                        of Agriculture to support the purchase of food 
                        or other agricultural commodities.
                    (F) The President may exercise all powers granted 
                to the President by the International Emergency 
                Economic Powers Act (50 U.S.C. 1701 et seq.) (except 
                that the requirements of section 202 of such Act (50 
                U.S.C. 1701) shall not apply) to the extent necessary 
                to block and prohibit all transactions in all property 
                and interests in property of a foreign person or agency 
                or instrumentality of a foreign state 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.
            (3) Exception.--The President shall not be required to 
        apply sanctions under this subsection with respect to a foreign 
        person or an agency or instrumentality of a foreign state 
        identified pursuant to subsection (a) if the President 
        certifies in writing to the appropriate congressional 
        committees that--
                    (A) the foreign person or agency or 
                instrumentality--
                            (i) is no longer carrying out activities or 
                        transactions for which the sanctions were to be 
                        imposed; or
                            (ii) has taken and is continuing to take 
                        significant verifiable steps toward terminating 
                        the activities or transactions for which the 
                        sanctions were to be imposed; and
                    (B) the President has received reliable assurances 
                from the foreign person or agency or instrumentality 
                that it will not carry out any activities or 
                transactions for which sanctions may be imposed under 
                this subsection in the future.
    (c) Penalties.--
            (1) In general.--The penalties provided for in subsections 
        (b) and (c) of section 206 of the International Emergency 
        Economic Powers Act (50 U.S.C. 1705) shall apply to a person 
        that knowingly violates, attempts to violate, conspires to 
        violate, or causes a violation of regulations prescribed under 
        section 8(b) to carry out subsection (b)(2)(F) to the same 
        extent that such penalties apply to a person that knowingly 
        commits an unlawful act described in section 206(a) of that 
        Act.
            (2) Authorities.--The President may exercise all 
        authorities provided to the President under sections 203 and 
        205 of the International Emergency Economic Powers Act (50 
        U.S.C. 1702 and 1704) for purposes of carrying out subsection 
        (b)(2)(F).
    (d) Waiver.--
            (1) In general.--The President may waive, on a case-by-case 
        basis and for a period of not more than 180 days, a requirement 
        under subsection (b) to impose or maintain sanctions with 
        respect to a foreign person or agency or instrumentality of a 
        foreign state if the President--
                    (A) determines that the waiver is in the national 
                security interest of the United States; and
                    (B) not less than 30 days before the waiver takes 
                effect, submits to the appropriate congressional 
                committees a report on the waiver and the justification 
                for the waiver.
            (2) Renewal of waiver.--The President may, on a case-by-
        case basis, renew a waiver under paragraph (1) for additional 
        periods of not more than 180 days if the President--
                    (A) determines that the renewal of the waiver is in 
                the national security interest of the United States; 
                and
                    (B) not less than 15 days before the waiver 
                expires, submits to the appropriate congressional 
                committees a report on the renewal of the waiver and 
                the justification for the renewal of the waiver.
    (e) Rule of Construction.--The authority to impose sanctions under 
subsection (b) with respect to a foreign person or an agency or 
instrumentality of a foreign state identified pursuant to subsection 
(a) is in addition to the authority to impose sanctions under any other 
provision of law with respect to foreign persons or agencies or 
instrumentalities of foreign states that directly or indirectly support 
international terrorism.
    (f) Agency or Instrumentality of a Foreign State Defined.--In this 
section, the term ``agency or instrumentality of a foreign state'' has 
the meaning given that term in section 1603(b) of title 28, United 
States Code.
    (g) Effective Date.--This section shall take effect on the date of 
the enactment of this Act and apply with respect to activities and 
transactions described in subsection (a) that are carried out on or 
after such date of enactment.

SEC. 5. IMPOSITION OF SANCTIONS WITH RESPECT TO FOREIGN GOVERNMENTS 
              THAT PROVIDE MATERIAL SUPPORT FOR THE TERRORIST 
              ACTIVITIES OF HAMAS, THE PALESTINIAN ISLAMIC JIHAD, OR 
              ANY AFFILIATE OR SUCCESSOR THEREOF.

    (a) Identification.--
            (1) In general.--Not later than 180 days after the date of 
        the enactment of this Act, and every 180 days thereafter, the 
        President shall submit to the appropriate congressional 
        committees a report that identifies the following:
                    (A) Each government of a foreign country--
                            (i) with respect to which the Secretary of 
                        State determines has repeatedly provided 
                        support for acts of international terrorism 
                        pursuant to section 1754(c) of the Export 
                        Controls Act of 2018 (50 U.S.C. 4813(c)), 
                        section 40 of the Arms Export Control Act (22 
                        U.S.C. 2780), section 620A of the Foreign 
                        Assistance Act of 1961 (22 U.S.C. 2371), or any 
                        other provision of law; and
                            (ii) with respect to which the President 
                        determines has provided direct or indirect 
                        material support for the terrorist activities 
                        of Hamas, the Palestinian Islamic Jihad, or any 
                        affiliate or successor thereof.
                    (B) Each government of a foreign country that--
                            (i) is not identified under subparagraph 
                        (A); and
                            (ii) the President determines engaged in a 
                        significant transaction so as to contribute 
                        knowingly and materially to the efforts by the 
                        government of a foreign country described in 
                        subparagraph (A)(i) to provide direct or 
                        indirect material support for the terrorist 
                        activities of Hamas, the Palestinian Islamic 
                        Jihad, or any affiliate or successor thereof.
            (2) Form of report.--Each report submitted under paragraph 
        (1) shall be submitted in unclassified form but may contain a 
        classified annex.
    (b) Imposition of Sanctions.--
            (1) In general.--The President shall impose the following 
        sanctions with respect to each government of a foreign country 
        identified under subsection (a)(1):
                    (A) The United States Government shall suspend, for 
                a period of one year, United States assistance to the 
                government of the foreign country.
                    (B) The Secretary of the Treasury shall instruct 
                the United States Executive Director to each 
                appropriate international financial institution to 
                oppose, and vote against, for a period of one year, the 
                extension by that institution of any loan or financial 
                or technical assistance to the government of the 
                foreign country.
                    (C) No item on the United States Munitions List 
                under section 38(a)(1) of the Arms Export Control Act 
                (22 U.S.C. 2778(a)(1)) or the Commerce Control List set 
                forth in Supplement No. 1 to part 774 of title 15, Code 
                of Federal Regulations (or any successor list), may be 
                exported to the government of the foreign country for a 
                period of one year.
            (2) Exceptions.--The President shall not be required to 
        apply sanctions with respect to the government of a foreign 
        country pursuant to paragraph (1)--
                    (A) with respect to materials intended to be used 
                by military or civilian personnel of the United States 
                Armed Forces at military facilities in the country; or
                    (B) if the application of such sanctions would 
                prevent the United States from meeting the terms of any 
                status of forces agreement to which the United States 
                is a party.
    (c) Additional Sanctions With Respect to State Sponsors of 
Terrorism.--The President shall impose the following additional 
sanctions with respect to each government of a foreign country 
identified under subsection (a)(1)(A):
            (1) The President shall, pursuant to such regulations as 
        the President may prescribe, prohibit any transactions in 
        foreign exchange that are subject to the jurisdiction of the 
        United States and in which the government of the foreign 
        country has any interest.
            (2) The President shall, pursuant to such regulations as 
        the President may prescribe, prohibit any transfers of credit 
        or payments between one or more financial institutions or by, 
        through, or to any financial institution, to the extent that 
        such transfers or payments are subject to the jurisdiction of 
        the United States and involve any interest of the government of 
        the foreign country.
    (d) Waiver.--
            (1) In general.--The President may waive, on a case-by-case 
        basis and for a period of not more than 180 days, a requirement 
        under subsection (b) or (c) to impose or maintain sanctions 
        with respect to a foreign government identified pursuant to 
        subparagraph (A) or (B) of subsection (a)(1) if the President--
                    (A) determines that the waiver is in the national 
                security interest of the United States; and
                    (B) not less than 30 days before the waiver takes 
                effect, submits to the appropriate congressional 
                committees a report on the waiver and the justification 
                for the waiver.
            (2) Renewal of waiver.--The President may, on a case-by-
        case basis, renew a waiver under paragraph (1) for additional 
        periods of not more than 180 days if the President--
                    (A) determines that the renewal of the waiver is in 
                the national security interest of the United States; 
                and
                    (B) not less than 15 days before the waiver 
                expires, submits to the appropriate congressional 
                committees a report on the renewal of the waiver and 
                the justification for the renewal of the waiver.
    (e) Rule of Construction.--The authority to impose sanctions under 
subsection (b) or (c) with respect to each government of a foreign 
country identified pursuant to subparagraph (A) or (B) of subsection 
(a)(1) is in addition to the authority to impose sanctions under any 
other provision of law with respect to governments of foreign countries 
that provide material support to foreign terrorist organizations 
designated pursuant to section 219 of the Immigration and Nationality 
Act (8 U.S.C. 1189).
    (f) Termination.--The President may terminate any sanctions imposed 
with respect to the government of a foreign country under subsection 
(b) or (c) if the President determines and notifies the appropriate 
congressional committees that the government of the foreign country--
            (1) is no longer carrying out activities or transactions 
        for which the sanctions were imposed; and
            (2) has provided assurances to the United States Government 
        that it will not carry out activities or transactions for which 
        sanctions may be imposed under subsection (b) or (c) in the 
        future.
    (g) Effective Date.--This section shall take effect on the date of 
the enactment of this Act and apply with respect to activities and 
transactions described in subparagraph (A) or (B) of subsection (a)(1) 
that are carried out on or after such date of enactment.

SEC. 6. EXEMPTIONS RELATING TO PROVISION OF HUMANITARIAN ASSISTANCE.

    (a) Sanctions With Respect to Foreign Persons and Agencies and 
Instrumentalities of Foreign States.--The following activities shall be 
exempt from sanctions under section 4:
            (1) The conduct or facilitation of a transaction for the 
        sale of agricultural commodities, food, medicine, or medical 
        devices to a foreign person described in section 4(a)(2).
            (2) The provision of humanitarian assistance to a foreign 
        person described in section 4(a)(2), including engaging in a 
        financial transaction relating to humanitarian assistance or 
        for humanitarian purposes or transporting goods or services 
        that are necessary to carry out operations relating to 
        humanitarian assistance or humanitarian purposes.
    (b) Sanctions With Respect to Foreign Governments.--The following 
activities shall be exempt from sanctions under section 5:
            (1) The conduct or facilitation of a transaction for the 
        sale of agricultural commodities, food, medicine, or medical 
        devices to Hamas, the Palestinian Islamic Jihad, or any 
        affiliate or successor thereof described in section 5(a)(1).
            (2) The provision of humanitarian assistance to Hamas, the 
        Palestinian Islamic Jihad, or any affiliate or successor 
        thereof described in section 5(a)(1), including engaging in a 
        financial transaction relating to humanitarian assistance or 
        for humanitarian purposes or transporting goods or services 
        that are necessary to carry out operations relating to 
        humanitarian assistance or humanitarian purposes.

SEC. 7. REPORT ON ACTIVITIES OF FOREIGN COUNTRIES TO DISRUPT GLOBAL 
              FUNDRAISING, FINANCING, AND MONEY LAUNDERING ACTIVITIES 
              OF HAMAS, THE PALESTINIAN ISLAMIC JIHAD, OR ANY AFFILIATE 
              OR SUCCESSOR THEREOF.

    (a) Report.--
            (1) In general.--Not later than 180 days after the date of 
        the enactment of this Act, the President shall submit to the 
        appropriate congressional committees a report that includes--
                    (A) a list of foreign countries that support Hamas, 
                the Palestinian Islamic Jihad, or any affiliate or 
                successor thereof, or in which Hamas maintains 
                important portions of its financial networks;
                    (B) with respect to each foreign country on the 
                list required by subparagraph (A)--
                            (i) an assessment of whether the government 
                        of the country is taking adequate measures to 
                        freeze the assets of Hamas, the Palestinian 
                        Islamic Jihad, or any affiliate or successor 
                        thereof within the territory of the country; 
                        and
                            (ii) in the case of a country the 
                        government of which is not taking adequate 
                        measures to freeze the assets of Hamas--
                                    (I) an assessment of the reasons 
                                that government is not taking adequate 
                                measures to freeze those assets; and
                                    (II) a description of measures 
                                being taken by the United States 
                                Government to encourage that government 
                                to freeze those assets;
                    (C) a list of foreign countries in which Hamas, the 
                Palestinian Islamic Jihad, or any affiliate or 
                successor thereof, conducts significant fundraising, 
                financing, or money laundering activities;
                    (D) with respect to each foreign country on the 
                list required by subparagraph (C)--
                            (i) an assessment of whether the government 
                        of the country is taking adequate measures to 
                        disrupt the fundraising, financing, or money 
                        laundering activities of Hamas, the Palestinian 
                        Islamic Jihad, or any affiliate or successor 
                        thereof within the territory of the country; 
                        and
                            (ii) in the case of a country the 
                        government of which is not taking adequate 
                        measures to disrupt those activities--
                                    (I) an assessment of the reasons 
                                that government is not taking adequate 
                                measures to disrupt those activities; 
                                and
                                    (II) a description of measures 
                                being taken by the United States 
                                Government to encourage that government 
                                to improve measures to disrupt those 
                                activities; and
                    (E) a list of foreign countries from which Hamas, 
                the Palestinian Islamic Jihad, or any affiliate or 
                successor thereof, acquires surveillance equipment, 
                electronic monitoring equipment, or other means to 
                inhibit communication or political expression in Gaza.
            (2) Form.--The report required by paragraph (1) shall be 
        submitted in unclassified form to the greatest extent possible 
        and may contain a classified annex.
    (b) Briefing.--Not later than 180 days after the date of the 
enactment of this Act, and every 180 days thereafter for the following 
3 years, the Secretary of State, the Secretary of the Treasury, and the 
heads of other applicable Federal departments and agencies (or their 
designees) shall provide to the appropriate congressional committees a 
briefing on the disposition of the assets and activities of Hamas, the 
Palestinian Islamic Jihad, or any successor or affiliate thereof 
related to fundraising, financing, and money laundering worldwide.
    (c) Definition.--In this section, the term ``appropriate 
congressional committees'' means--
            (1) the Committee on Foreign Relations, the Committee on 
        Banking, Housing, and Urban Affairs, and the Select Committee 
        on Intelligence of the Senate; and
            (2) the Committee on Foreign Affairs, the Committee on 
        Financial Services, and the Permanent Select Committee on 
        Intelligence of the House of Representatives.

SEC. 8. MISCELLANEOUS PROVISIONS.

    (a) Rule of Construction.--Nothing in this Act shall be construed 
to apply to the authorized intelligence activities of the United 
States.
    (b) Regulatory Authority.--The President shall, not later than 180 
days after the date of the enactment of this Act, prescribe regulations 
as are necessary for the implementation of this Act.
    (c) Exception Relating to Importation of Goods.--
            (1) In general.--The authorities and requirements to impose 
        sanctions authorized under this Act shall not include the 
        authority or requirement to impose sanctions on the importation 
        of goods.
            (2) Good defined.--In this subsection, the term ``good'' 
        means any article, natural or man-made substance, material, 
        supply or manufactured product, including inspection and test 
        equipment, and excluding technical data.
    (d) Termination.--This Act shall terminate on the earlier of--
            (1) 30 days after the date on which the President certifies 
        to the appropriate congressional committees that Hamas and the 
        Palestinian Islamic Jihad, or any successor or affiliate 
        thereof--
                    (A) are no longer designated as a foreign terrorist 
                organization pursuant to section 219 of the Immigration 
                and Nationality Act (8 U.S.C. 1189);
                    (B) are no longer subject to sanctions pursuant 
                to--
                            (i) Executive Order 12947 (50 U.S.C. 1701 
                        note; relating to prohibiting transactions with 
                        terrorists who threaten to disrupt the Middle 
                        East peace process); and
                            (ii) Executive Order 13224 (50 U.S.C. 1701 
                        note; relating to blocking property and 
                        prohibiting transactions with persons who 
                        commit, threaten to commit, or support 
                        terrorism); and
                    (C) meet the criteria described in paragraphs (1) 
                through (4) of section 9 of the Palestinian Anti-
                Terrorism Act of 2006 (Public Law 109-446; 22 U.S.C. 
                2378b note); or
            (2) 3 years after the date of the enactment of this Act.

SEC. 9. DETERMINATION OF BUDGETARY EFFECTS.

    The budgetary effects of this Act, for the purpose of complying 
with the Statutory Pay-As-You-Go Act of 2010 (2 U.S.C. 931 et seq.), 
shall be determined by reference to the latest statement titled 
``Budgetary Effects of PAYGO Legislation'' for this Act, submitted for 
printing in the Congressional Record by the Chairman of the House 
Budget Committee, provided that such statement has been submitted prior 
to the vote on passage.
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