,,ii  #aac? ,,congress  #a/ ,session    
,s4 #hib  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,may #h1 #bjac ,mr4    
,kirk 7= himself1 ,mr4 ,man*91 ,ms4     
,coll9s1 ,mr4 ,nelson1 & ,mr4 ,cornyn7  
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to am5d ! ,iran ,?reat         
,r$uction & ,syria ,human ,rights ,act (
 #bjab to impose sanctions ) respect to 
c]ta9 transactions 9 =eign curr5cies1 & 
= o!r purposes4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,iran ,sanctions   
,loophole ,elim9ation ,act ( #bjac4  #b4
 ,imposition ( sanctions ) respect to   
c]ta9 transactions 9 =eign curr5cies    
7a7 ,imposition ( sanctions ,subtitle ,b
 ( title ,,ii ( ! ,iran ,?reat ,r$uction
 & ,syria ,human ,rights ,act ( #bjab   
7#bb ,u4,s4,c4 #hgba et seq47 is am5d$  
by ins]t+ aft] section #bbj ! foll[+3   
#bbj;,a4 ,imposition ( sanctions )      
respect to c]ta9 transactions 9 =eign   
curr5cies  7a7 ,9 g5]al ,! ,presid5t--  

7#a7 %all prohibit ! op5+1 & prohibit or
 impose /rict conditions on ! ma9ta9+1 9
 ! ,unit$ ,/ates ( a correspond5t acc\nt
 or a payable-?r\gh acc\nt by a =eign   
f9ancial in/itution t is a p]son        
describ$ 9 subsection 7b72 &  7#b7 may  
impose sanctions pursuant to !          
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq47 )    
respect to any o!r p]son describ$ 9     
subsection 7b74  7b7 ,p]son describ$ ,a 
p]son describ$ 9 ?is subsection is a    
p]son ! ,presid5t det]m9es has1 on or   
aft] ,may #i1 #bjac--  7#a7 kn[+ly      
conduct$ or facilitat$ a significant    
transaction involv+ ! curr5cy ( a c\ntry
 o!r ?an ! c\ntry 9 :i* ! p]son is      
op]at+ at ! "t ( ! transaction )1 =1 or 
on behalf (--  7,a7 ! ,c5tral ,bank (   
,iran or ano!r ,iranian f9ancial        
in/itution designat$ by ! ,secret>y ( ! 
,treasury = ! imposition ( sanctions    
pursuant to ! ,int]national ,em]g5cy    
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja et seq472 or  7,b7 a p]son        

describ$ 9 section #abdd7;c77#b7 ( !    
,iran ,fre$om & ,c\nt]-,prolif]ation    
,act 7#bb ,u4,s4,c4 #hhjc7;c77#b77 7o!r 
?an a p]son describ$ 9 subp>agraph      
7,c77iii7 ( t section72 or  7#b7 kn[+ly 
transf]r$ funds =1 or held funds on     
behalf (1 a p]son describ$ 9 p>agraph   
7#a7 9 relation to a transaction        
describ$ 9 t p>agraph1 )\t reg>d to !   
curr5cy ( ^? funds4  7c7 ,waiv]  7#a7 ,9
 g5]al ,! ,presid5t may waive !         
application ( subsection 7a7 ) respect  
to a p]son = a p]iod ( n m ?an #ahj     
days1 & may r5ew t waiv] = additional   
p]iods ( n m ?an #ahj days1 if !        
,presid5t--  7,a7 det]m9es t ! waiv] is 
vital to ! national security ( ! ,unit$ 
,/ates2 &  7,b7 n less ?an #g days be=e 
! waiv] or ! r5ewal ( ! waiv]1 z ! case 
may be1 takes effect1 submits a report  
to ! appropriate congressional          
committees on ! waiv] & ! reason = !    
waiv]4  7#b7 ,=m ( report ,ea* report   
submitt$ "u p>agraph 7#a77;,b7 %all be  
submitt$ 9 unclassifi$ =m b may include 

a classifi$ annex4  7d7 ,rule (         
con/ruction ,no?+ 9 ?is section %all be 
con/ru$ to prohibit any p]son f1 or     
au?orize or require ! imposition (      
sanctions ) respect to any p]son =1     
conduct+ or facilitat+ any transaction 9
 ! curr5cy ( ! c\ntry 9 :i* ! p]son is  
op]at+ at ! "t ( ! transaction = ! sale 
( agricultural commodities1 food1       
m$ic9e1 or m$ical devices4  7e7         
,def9itions ,9 ?is section3  7#a7       
,acc\nt2 correspond5t acc\nt2           
payable-?r\gh acc\nt ,! t]ms acc\nt1    
correspond5t acc\nt1 & payable-?r\gh    
acc\nt h ! mean+s giv5 ^? t]ms 9 section
 #ecah;,a ( title #ca1 ,unit$ ,/ates    
,code4  7#b7 ,agricultural commodity ,! 
t]m agricultural commodity has ! mean+  
giv5 t t]m 9 section #ajb ( !           
,agricultural ,trade ,act ( #aigh 7#g   
,u4,s4,c4 #efjb74  7#c7 ,=eign f9ancial 
in/itution ,! t]m =eign f9ancial        
in/itution has ! mean+ giv5 t t]m 9     
section #efa4cjh ( title #ca1 ,code (   
,f$]al ,regulations 7or any correspond+ 

simil> regulation or rul+74  7#d7       
,iranian f9ancial in/itution ,! t]m     
,iranian f9ancial in/itution has ! mean+
 giv5 t t]m 9 section #ajd;,a7d7 ( !    
,compreh5sive ,iran ,sanctions1         
,acc\ntability1 & ,dive/m5t ,act ( #bjaj
 7#bb ,u4,s4,c4 #heac;b7d774  7#e7      
,m$ical device ,! t]m m$ical device has 
! mean+ giv5 ! t]m device 9 section #bja
 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic   
,act 7#ba ,u4,s4,c4 #cba74  7#f7 ,m$ic9e
 ,! t]m m$ic9e has ! mean+ giv5 ! t]m   
drug 9 section #bja ( ! ,f$]al ,food1   
,drug1 & ,cosmetic ,act 7#ba ,u4,s4,c4  
#cba74  7#g7 ,transaction ,! t]m        
transaction includes a =eign ex*ange    
swap1 a =eign ex*ange =w>d1 & any o!r   
type ( curr5cy ex*ange or conv]sion or  
d]ivative in/rum5t4  4  7b7 ,con=m+     
am5dm5ts  7#a7 ,implem5tation ,section  
#fja7;a77#a7 ( ! ,iran ,?reat ,r$uction 
& ,syria ,human ,rights ,act ( #bjab    
7#bb ,u4,s4,c4 #hgha7;a77#a77 is am5d$  
by ins]t+ #bbj;,a1 aft] #bbj14  7#b7    
,p5alties ,section #fja7;b77#b77;,a7 (  

su* ,act 7#bb ,u4,s4,c4                 
#hgha7;b77#b77;,a77 is am5d$ by /rik+ & 
#bbj1 & ins]t+ #bbj1 & #bbj;,a14  7#c7  
,t]m9ation ,section #fje7;a7 ( su* ,act 
7#bb ,u4,s4,c4 #hghe7;a77 is am5d$ by   
ins]t+ #bbj;,a1 aft] #bbj14  7c7        
,cl]ical am5dm5t ,! table ( cont5ts = ! 
,iran ,?reat ,r$uction & ,syria ,human  
,rights ,act ( #bjab is am5d$ by ins]t+ 
aft] ! item relat+ to section #bbj !    
foll[+3  ,sec4 #bbj;,a4 ,imposition (   
sanctions ) respect to c]ta9            
transactions 9 =eign curr5cies4  4