,i #aadth ,,congress #b;d ,session ,h4 ,r4 #dcdb ,,in ,,the ,,house ,,of ,,representatives ,january #g1 #bjaf ,mr4 ,delaney 7for himself and ,mr4 ,kennedy7 introduced the following bill2 which was referred to the ,committee on ,foreign ,affairs1 and in addition to the ,committees on ,financial ,services1 the ,judiciary1 and ,oversight and ,government ,reform1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to impose sanctions on persons that transfer to or from ,iran advanced conventional weapons or ballistic missiles1 or technology1 parts1 components1 or technical information related to advanced conventional weapons or ballistic missiles4 #a4 ,short title ,this ,act may be cited as the ,iran ,ballistic ,missile ,prevention and ,sanctions ,act of #bjaf4 #b4 ,sanctions on persons that transfer to or from ,iran advanced conventional weapons or ballistic missiles1 or technology1 parts1 components1 or technical information related to advanced conventional weapons or ballistic missiles 7a7 ,in general ,the ,president shall impose #e or more of the sanctions described in subsection 7b77#a7 with respect to a person if the ,president determines that the person knowingly1 on or after the date of enactment of this ,act1 transfers to or from ,iran advanced conventional weapons or ballistic missiles1 or technology1 parts1 components1 or technical information related to advanced conventional weapons or ballistic missiles4 ,for purposes of this section1 any person or entity described in this subsection shall be referred to as a sanctioned person4 7b7 ,sanctions 7#a7 ,in general ,the sanctions to be imposed on a sanctioned person under subsection 7a7 are as follows3 7,a7 ,export-,import ,bank assistance for exports to sanctioned persons ,the ,president may direct the ,export-,import ,bank of the ,united ,states not to give approval to the issuance of any guarantee1 insurance1 extension of credit1 or participation in the extension of credit in connection with the export of any goods or services to any sanctioned person4 7,b7 ,export sanction ,the ,president may order the ,united ,states ,government not to issue any specific license and not to grant any other specific permission or authority to export any goods or technology to a sanctioned person under-- 7i7 the ,export ,administration ,act of #aigi 7as continued in effect under the ,international ,emergency ,economic ,powers ,act72 7ii7 the ,arms ,export ,control ,act2 7iii7 the ,atomic ,energy ,act of #aied2 or 7iv7 any other statute that requires the prior review and approval of the ,united ,states ,government as a condition for the export or reexport of goods or services4 7,c7 ,loans from ,united ,states financial institutions ,the ,united ,states ,government may prohibit any ,united ,states financial institution from making loans or providing credits to any sanctioned person totaling more than #aj1jjj1jjj in any #ab-month period unless such person is engaged in activities to relieve human suffering and the loans or credits are provided for such activities4 7,d7 ,prohibitions on financial institutions ,the following prohibitions may be imposed against a sanctioned person that is a financial institution3 7i7 ,prohibition on designation as primary dealer ,neither the ,board of ,governors of the ,federal ,reserve ,system nor the ,federal ,reserve ,bank of ,new ,york may designate1 or permit the continuation of any prior designation of1 such financial institution as a primary dealer in ,united ,states ,government debt instruments4 7ii7 ,prohibition on service as a repository of government funds ,such financial institution may not serve as agent of the ,united ,states ,government or serve as repository for ,united ,states ,government funds4 ,the imposition of either sanction under clause 7i7 or 7ii7 shall be treated as #a sanction for purposes of subsection 7a71 and the imposition of both such sanctions shall be treated as #b sanctions for purposes of subsection 7a74 7,e7 ,procurement sanction ,the ,united ,states ,government may not procure1 or enter into any contract for the procurement of1 any goods or services from a sanctioned person4 7,f7 ,foreign exchange ,the ,president may1 pursuant to such regulations as the ,president may prescribe1 prohibit any transactions in foreign exchange that are subject to the jurisdiction of the ,united ,states and in which the sanctioned person has any interest4 7,g7 ,banking transactions ,the ,president may1 pursuant to such regulations as the ,president may prescribe1 prohibit any transfers of credit or payments between financial institutions or by1 through1 or to any financial institution1 to the extent that such transfers or payments are subject to the jurisdiction of the ,united ,states and involve any interest of the sanctioned person4 7,h7 ,property transactions ,the ,president may1 pursuant to such regulations as the ,president may prescribe1 prohibit any person from-- 7i7 acquiring1 holding1 withholding1 using1 transferring1 withdrawing1 transporting1 importing1 or exporting any property that is subject to the jurisdiction of the ,united ,states and with respect to which the sanctioned person has any interest2 7ii7 dealing in or exercising any right1 power1 or privilege with respect to such property2 or 7iii7 conducting any transaction involving such property4 7,i7 ,ban on investment in equity or debt of sanctioned person ,the ,president may1 pursuant to such regulations or guidelines as the ,president may prescribe1 prohibit any ,united ,states person from investing in or purchasing significant amounts of equity or debt instruments of a sanctioned person4 7,j7 ,exclusion of corporate officers ,the ,president may direct the ,secretary of ,state to deny a visa to1 and the ,secretary of ,homeland ,security to exclude from the ,united ,states1 any alien that the ,president determines is a corporate officer or principal of1 or a shareholder with a controlling interest in1 a sanctioned person4 7,k7 ,sanctions on principal executive officers ,the ,president may impose on the principal executive officer or officers of any sanctioned person1 or on persons performing similar functions and with similar authorities as such officer or officers1 any of the sanctions under this paragraph4 7#b7 ,inclusion of list of specially designated nationals and blocked persons ,the ,president shall1 pursuant to ,executive ,order #abich and #acchb1 include a person who is a sanctioned person under subsection 7a7 on the list of specially designated nationals and blocked persons maintained by the ,office of ,foreign ,assets ,control of the ,department of the ,treasury4 7c7 ,waiver ,the ,president may waive the application of sanctions under this section1 on a case by case basis1 if the ,president determines it is in the national security interests of the ,united ,states to do so and1 not less than #ae days in advance of the issuance of such waiver1 submits to ,congress justification of the waiver in writing 7d7 ,definitions ,in this section1 the terms financial institution1 ,iran1 knowingly1 person1 and ,united ,states person have the meanings given such terms in section #ad of the ,iran ,sanctions ,act of #aiif 7,public ,law #ajd-agb2 #ej ,u4,s4,c4 note74