,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #dcdb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,janu>y #g1 #bjaf ,mr4
 ,delaney 7= himself & ,mr4 ,k5n$y7     
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,=eign ,affairs1 & 9   
addition to ! ,committees on ,f9ancial  
,s]vices1 ! ,judici>y1 & ,ov]sight &    
,gov]nm5t ,re=m1 = a p]iod to be        
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to impose sanctions
 on p]sons t transf] to or f ,iran      
advanc$ conv5tional weapons or balli/ic 
missiles1 or te*nology1 p>ts1 compon5ts1
 or te*nical in=mation relat$ to advanc$
 conv5tional weapons or balli/ic        
missiles4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,iran ,balli/ic ,missile   
,prev5tion & ,sanctions ,act ( #bjaf4   
#b4 ,sanctions on p]sons t transf] to or
 f ,iran advanc$ conv5tional weapons or 
balli/ic missiles1 or te*nology1 p>ts1  
compon5ts1 or te*nical in=mation relat$ 

to advanc$ conv5tional weapons or       
balli/ic missiles  7a7 ,9 g5]al ,!      
,presid5t %all impose #e or m ( !       
sanctions describ$ 9 subsection 7b77#a7 
) respect to a p]son if ! ,presid5t     
det]m9es t ! p]son kn[+ly1 on or aft] ! 
date ( enactm5t ( ?is ,act1 transf]s to 
or f ,iran advanc$ conv5tional weapons  
or balli/ic missiles1 or te*nology1     
p>ts1 compon5ts1 or te*nical in=mation  
relat$ to advanc$ conv5tional weapons or
 balli/ic missiles4 ,= purposes ( ?is   
section1 any p]son or entity describ$ 9 
?is subsection %all be ref]r$ to z a    
sanction$ p]son4  7b7 ,sanctions  7#a7  
,9 g5]al ,! sanctions to be impos$ on a 
sanction$ p]son "u subsection 7a7 are z 
foll[s3 7,a7 ,export-,import ,bank      
assi/ance = exports to sanction$ p]sons 
,! ,presid5t may direct !               
,export-,import ,bank ( ! ,unit$ ,/ates 
n to give approval to ! issuance ( any  
gu>antee1 insurance1 ext5sion ( cr$it1  
or p>ticipation 9 ! ext5sion ( cr$it 9  
connection ) ! export ( any goods or    

s]vices to any sanction$ p]son4  7,b7   
,export sanction ,! ,presid5t may ord] !
 ,unit$ ,/ates ,gov]nm5t n to issue any 
specific lic5se & n to grant any o!r    
specific p]mission or au?ority to export
 any goods or te*nology to a sanction$  
p]son "u--  7i7 ! ,export ,adm9i/ration 
,act ( #aigi 7z cont9u$ 9 effect "u !   
,int]national ,em]g5cy ,economic ,p[]s  
,act72  7ii7 ! ,arms ,export ,control   
,act2  7iii7 ! ,atomic ,en]gy ,act (    
#aied2 or  7iv7 any o!r /atute t        
requires ! prior review & approval ( !  
,unit$ ,/ates ,gov]nm5t z a condition = 
! export or reexport ( goods or s]vices4
  7,c7 ,loans f ,unit$ ,/ates f9ancial  
in/itutions ,! ,unit$ ,/ates ,gov]nm5t  
may prohibit any ,unit$ ,/ates f9ancial 
in/itution f mak+ loans or provid+      
cr$its to any sanction$ p]son total+ m  
?an #aj1jjj1jjj 9 any #ab-mon? p]iod    
unless su* p]son is engag$ 9 activities 
to relieve human suff]+ & ! loans or    
cr$its are provid$ = su* activities4    
7,d7 ,prohibitions on f9ancial          

in/itutions ,! foll[+ prohibitions may  
be impos$ aga9/ a sanction$ p]son t is a
 f9ancial in/itution3  7i7 ,prohibition 
on designation z prim>y deal] ,nei!r !  
,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve    
,sy/em nor ! ,f$]al ,res]ve ,bank ( ,new
 ,york may designate1 or p]mit !        
cont9uation ( any prior designation (1  
su* f9ancial in/itution z a prim>y deal]
 9 ,unit$ ,/ates ,gov]nm5t debt         
in/rum5ts4  7ii7 ,prohibition on s]vice 
z a repository ( gov]nm5t funds ,su*    
f9ancial in/itution may n s]ve z ag5t ( 
! ,unit$ ,/ates ,gov]nm5t or s]ve z     
repository = ,unit$ ,/ates ,gov]nm5t    
funds4  ,! imposition ( ei!r sanction "u
 clause 7i7 or 7ii7 %all be treat$ z #a 
sanction = purposes ( subsection 7a71 & 
! imposition ( bo? su* sanctions %all be
 treat$ z #b sanctions = purposes (     
subsection 7a74  7,e7 ,procurem5t       
sanction ,! ,unit$ ,/ates ,gov]nm5t may 
n procure1 or ent] into any contract = !
 procurem5t (1 any goods or s]vices f a 
sanction$ p]son4  7,f7 ,=eign ex*ange ,!

 ,presid5t may1 pursuant to su*         
regulations z ! ,presid5t may prescribe1
 prohibit any transactions 9 =eign      
ex*ange t are subject to ! jurisdiction 
( ! ,unit$ ,/ates & 9 :i* ! sanction$   
p]son has any int]e/4  7,g7 ,bank+      
transactions ,! ,presid5t may1 pursuant 
to su* regulations z ! ,presid5t may    
prescribe1 prohibit any transf]s ( cr$it
 or paym5ts betwe5 f9ancial in/itutions 
or by1 ?r\gh1 or to any f9ancial        
in/itution1 to ! ext5t t su* transf]s or
 paym5ts are subject to ! jurisdiction (
 ! ,unit$ ,/ates & involve any int]e/ ( 
! sanction$ p]son4  7,h7  ,prop]ty      
transactions  ,! ,presid5t may1 pursuant
 to su* regulations z ! ,presid5t may   
prescribe1 prohibit any p]son f--  7i7  
acquir+1 hold+1 )hold+1 us+1 transf]r+1 
)draw+1 transport+1 import+1 or export+ 
any prop]ty t is subject to !           
jurisdiction ( ! ,unit$ ,/ates & )      
respect to :i* ! sanction$ p]son has any
 int]e/2  7ii7 deal+ 9 or ex]cis+ any   
"r1 p[]1 or privilege ) respect to su*  

prop]ty2 or  7iii7 conduct+ any         
transaction involv+ su* prop]ty4  7,i7  
,ban on inve/m5t 9 equity or debt (     
sanction$ p]son ,! ,presid5t may1       
pursuant to su* regulations or guidel9es
 z ! ,presid5t may prescribe1 prohibit  
any ,unit$ ,/ates p]son f inve/+ 9 or   
pur*as+ significant am\nts ( equity or  
debt in/rum5ts ( a sanction$ p]son4     
7,j7 ,exclusion ( corporate (fic]s ,!   
,presid5t may direct ! ,secret>y ( ,/ate
 to d5y a visa to1 & ! ,secret>y (      
,homel& ,security to exclude f ! ,unit$ 
,/ates1 any ali5 t ! ,presid5t det]m9es 
is a corporate (fic] or pr9cipal (1 or a
 %>ehold] ) a controll+ int]e/ 91 a     
sanction$ p]son4  7,k7 ,sanctions on    
pr9cipal executive (fic]s ,! ,presid5t  
may impose on ! pr9cipal executive (fic]
 or (fic]s ( any sanction$ p]son1 or on 
p]sons p]=m+ simil> functions & ) simil>
 au?orities z su* (fic] or (fic]s1 any (
 ! sanctions "u ?is p>agraph4  7#b7     
,inclusion ( li/ ( specially designat$  
nationals & block$ p]sons ,! ,presid5t  

%all1 pursuant to ,executive ,ord]      
#abich & #acchb1 include a p]son :o is a
 sanction$ p]son "u subsection 7a7 on ! 
li/ ( specially designat$ nationals &   
block$ p]sons ma9ta9$ by ! ,(fice (     
,=eign ,assets ,control ( ! ,dep>tm5t ( 
! ,treasury4  7c7 ,waiv] ,! ,presid5t   
may waive ! application ( sanctions "u  
?is section1 on a case by case basis1 if
 ! ,presid5t det]m9es x is 9 ! national 
security int]e/s ( ! ,unit$ ,/ates to d 
s &1 n less ?an #ae days 9 advance ( !  
issuance ( su* waiv]1 submits to        
,congress ju/ification ( ! waiv] 9 writ+
  7d7 ,def9itions ,9 ?is section1 ! t]ms
 f9ancial in/itution1 ,iran1 kn[+ly1    
p]son1 & ,unit$ ,/ates p]son h ! mean+s 
giv5 su* t]ms 9 section #ad ( ! ,iran   
,sanctions ,act ( #aiif 7,public ,law   
#ajd-agb2 #ej ,u4,s4,c4 note74