,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #dddh  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #c1 #bjaf    
,mr4 ,de,santis 7= himself1 ,mr4        
,lamborn1 ,mr4 ,cr5%aw1 ,mr4 ,rokita1   
,mr4 ,smi? ( ,texas1 ,mr4 ,rohraba*]1   
,mr4 ,h>p]1 ,mr4 ,bi%op ( ,mi*igan1 ,mr4
 ,ross1 ,mr4 ,coll9s ( ,new ,york1 ,mr4 
,des,jarlais1 ,mr4 ,yoho1 ,mr4 ,salmon1 
,mr4 ,clawson ( ,florida1 ,mr4 ,web] (  
,texas1 ,mr4 ,p]ry1 ,mr4 ,mead[s1 ,mr4  
,jordan1 ,mr4 ,zeld91 ,mr4 ,walk]1 &    
,ms4 ,mc,sally7 introduc$ ! foll[+ bill2
 :i* 0 ref]r$ to ! ,committee on        
,f9ancial ,s]vices  ,a ,,bill  ,to am5d 
! ,compreh5sive ,iran ,sanctions1       
,acc\ntability1 & ,dive/m5t ,act ( #bjaj
 to secure ! au?ority ( ,/ate & local   
gov]nm5ts to adopt & en=ce measures     
re/rict+ inve/m5t 9 bus9ess ent]prises 9
 ,iran1 & = o!r purposes4  #a4 ,%ort    
title ,?is ,act may be cit$ z ! ,/ate   
,sanctions ,aga9/ ,iranian ,t]rorism    
,act4  #b4 ,au?ority ( ,/ate & local    
gov]nm5ts to re/rict inve/m5t activities

 9 ,iran  7a7 ,additional au?ority      
,section #bjb ( ! ,compreh5sive ,iran   
,sanctions1 ,acc\ntability1 & ,dive/m5t 
,act ( #bjaj 7#bb ,u4,s4,c4 #hecb7 is   
am5d$ z foll[s3  7#a7 ,subsection 7a7 is
 am5d$-- 7,a7 by /rik+ %\ld support &   
ins]t+ %\ld n int]f]e )2 &  7,b7 by     
/rik+ 9 ! en]gy sector ( ,iran & all t  
foll[s ?r\gh ,unit$ ,/ates & ins]t+ 9 ! 
bus9ess sector 9 ,iran1 or prohibits or 
limits any p]son f engag+ 9 inve/m5t    
activities 9 ! bus9ess sector ( ,iran1  
until su* "t z all ,f$]al laws t ei!r   
expressly au?orize or require !         
imposition ( sanctions by ! ,f$]al      
,gov]nm5t on ,iran are resc9d$ by an    
,act or ,acts ( ,congress4  7#b7        
,subsection 7b7 is am5d$-- 7,a7 by am5d+
 ! subsection head+ to read z foll[s3   
7b7 ,au?ority ,to re/rict inve/m5t 9    
,iran  2  7,b7 by /rik+ may adopt &     
en=ce measures t meet & ins]t+ may--    
7#a7 adopt & en=ce measures-- 7,a7 t    
meet  2  7,c7 by mov+ ! rema9+ text (   
subsection 7b7 #d ems to ! "r2  7,d7 by 

/rik+ subsection 7c74 & ins]t+          
subsection 7c72 or2 &  7,e7 by add+ at !
 end ! foll[+3  7,b7 to prohibit or     
limit any p]son f engag+ 9 inve/m5t     
activities 9 ,iran describ$ 9 subsection
 7c72 &  7#b7 ent] into int]/ate        
compacts reg>d+ measures describ$ 9     
p>agraph 7#a74 ,en=cem5t ( measures "u  
?is subsection may include ! imposition 
( disclosure & o!r transp>5cy           
requirem5ts to c>ry out p>agraph 7#a74 4
  7#c7 ,subsection 7c7 is am5d$--  7,a7 
9 p>agraph 7#a7-- 7i7 by /rik+          
#bj1jjj1jjj or m 9 ! en]gy sector &     
ins]t+  #aj1jjj1jjj or m-- 7,a7 9 !     
en]gy sector  2  7ii7 by mov+ ! rema9+  
text ( p>agraph 7#a7 #b ems to ! "r2 &  
7iii7 by add+ at ! end ! foll[+3  7,b7 9
 any o!r bus9ess ent]prise 9 ,iran1     
includ+ an entity t is own$ or controll$
 by ! ,gov]nm5t ( ,iran2 or  2 &  7,b7 9
 p>agraph 7#b7-- 7i7 by /rik+           
#bj1jjj1jjj & ins]t+ #aj1jjj1jjj2 &     
7ii7 by add+ aft] en]gy sector ( ,iran !
 foll[+3 or o!rwise 9 a bus9ess         

ent]prise 9 ,iran1 includ+ an entity t  
is own$ or controll$ by ! ,gov]nm5t (   
,iran4  7#d7 ,subsection 7f7 is am5d$ to
 read z foll[s3  7f7 ,nonpreemption2 no 
conflict ) ,u4,s4 ,=eign & ,int]national
 ,comm]ce ,policy ,a measure ( a ,/ate  
or local gov]nm5t au?oriz$ "u subsection
 7b71 7i71 or 7j7--  7#a7 is au?oriz$ & 
n preempt$ by any ,f$]al law or         
regulation1 or any policy1 agreem5t1 or 
ex]cise ( waiv] au?ority ( ! executive  
bran*2 &  7#b7 is consi/5t ) ,unit$     
,/ates ,f$]al policy1 includ+ ,unit$    
,/ates =eign policy4  4  7#e7           
,subsection 7g7 is am5d$ by add+ at !   
end ! foll[+3  7#c7 ,own or control ,!  
t]m own or control means1 ) respect to  
an entity-- 7,a7 to hold m ?an #bj p]c5t
 ( ! equity int]e/ by vote or value 9 ! 
entity2  7,b7 to hold a majority ( seats
 on ! bo>d ( directors ( ! entity2 or   
7,c7 to o!rwise control ! actions1      
policies1 or p]sonnel decisions ( !     
entity4  4  7#f7 ,subsection 7h7 is     
am5d$-- 7,a7 9 p>agraph 7#a71 by /rik+  

or subsection 7i7 & ins]t+ & subsections
 7i7 & 7j72 &  7,b7 9 p>agraph 7#b71 by 
/rik+ subsection 7i7 & ins]t+           
subsections 7i7 & 7j74  7#g7 ,subsection
 7i7 is am5d$ by add+ at ! end ! foll[+3
  7#c7 ,applicability ( prior provisions
 ,p>agraphs 7#a7 & 7#b7 apply ) respect 
to ?is section z 9 effect on ! day be=e 
! effective date ( ! ,/ate ,sanctions   
,aga9/ ,iranian ,t]rorism ,act4  4  7#h7
 ,section #bjb is fur!r am5d$-- 7,a7 by 
r$esignat+ subsection 7j7 z subsection  
7k72 &  7,b7 by ins]t+ aft] subsection  
7i7 ! foll[+3  7j7 ,applicability (     
am5dm5ts  7#a7 ,9 g5]al ,not)/&+ any o!r
 provision ( ?is section or any o!r     
provision ( law1 a ,/ate or local       
gov]nm5t may en=ce a measure 7)\t reg>d 
to ! requirem5ts ( subsection 7d71      
except z provid$ 9 p>agraph 7#b77 adopt$
 by ! ,/ate or local gov]nm5t be=e !    
date ( ! enactm5t ( ! ,/ate ,sanctions  
,aga9/ ,iranian ,t]rorism ,act 7o!r ?an 
a measure cov]$ by subsection 7i77 t--  
7,a7 provides = ! dive/m5t ( assets ( ! 

,/ate or local gov]nm5t f1 or prohibits 
! inve/m5t ( ! assets ( ! ,/ate or local
 gov]nm5t 91 any p]son t ! ,/ate or     
local gov]nm5t det]m9es1 us+ cr$ible    
in=mation available to ! public1 engages
 9 inve/m5t activities 9 ,iran 7det]m9$ 
)\t reg>d to subsection 7c77 or o!r     
bus9ess activities 9 ,iran t are        
id5tifi$ 9 ! measure2 or  7,b7 prohibits
 or limits any p]son f engag+ 9 inve/m5t
 activities 9 ,iran describ$ 9          
subsection 7c74  7#b7 ,application (    
notice requirem5ts ,a measure describ$ 9
 p>agraph 7#a7 %all be subject to !     
requirem5ts ( p>agraphs 7#a7 & 7#b7 & ! 
fir/ s5t5ce ( p>agraph 7#c7 ( subsection
 7d7 on & aft] ! date t is #b ye>s aft] 
! date ( ! enactm5t ( ! ,/ate ,sanctions
 ,aga9/ ,iranian ,t]rorism ,act4  4  7b7
 ,exemption f sunset ,section #dja7;a7 (
 ! ,compreh5sive ,iran ,sanctions1      
,acc\ntability1 & ,dive/m5t ,act ( #bjaj
 7#bb ,u4,s4,c4 #hee7;a77 is am5d$1 9 ! 
matt] prec$+ p>agraph 7#a71 by /rik+    
sections #aje & #cje & ins]t+ sections  

#aje1 #bjb1 & #cje4  7c7 ,con=m+        
am5dm5ts  7#a7 ,! head+ = title ,,ii ( !
 ,compreh5sive ,iran ,sanctions1        
,acc\ntability1 & ,dive/m5t ,act ( #bjaj
 7#bb ,u4,s4,c4 #heca et seq47 is am5d$ 
to read z foll[s3  ,,ii ,re/rictions by 
,/ate & ,local ,gov]nm5ts on ,inve/m5t  
,activities 9 ,iran  4  7#b7 ,! head+ = 
section #bjb ( ! ,compreh5sive ,iran    
,sanctions1 ,acc\ntability1 & ,dive/m5t 
,act ( #bjaj 7#bb ,u4,s4,c4 #hecb7 is   
am5d$ to read z foll[s3  #bjb4 ,au?ority
 ( ,/ate & local gov]nm5ts to re/rict   
inve/m5t activities 9 ,iran  4  7#c7 ,! 
table ( cont5ts ( ! ,compreh5sive ,iran 
,sanctions1 ,acc\ntability1 & ,dive/m5t 
,act ( #bjaj 7#bb ,u4,s4,c4 #heja et    
seq47 is am5d$--  7,a7 by am5d+ ! item  
relat+ to title ,,ii to read z foll[s3  
,title ,,ii--,re/rictions by ,/ate &    
,local ,gov]nm5ts on ,inve/m5t 9 ,iran  
2  &  7,b7 by am5d+ ! item relat+ to    
section #bjb to read z foll[s3  ,sec4   
#bjb4 ,au?ority ( ,/ate & local         
gov]nm5ts to re/rict inve/m5t activities

 9 ,iran4  4  #c4 ,effective date ,!    
am5dm5ts made by ?is ,act %all apply to 
measures adopt$ by a ,/ate or local     
gov]nm5t on or aft] ! date ( ! enactm5t 
( ?is ,act1 except z provid$ 9 section  
#bjb7;j7 ( ! ,compreh5sive ,iran        
,sanctions1 ,acc\ntability1 & ,dive/m5t 
,act ( #bjaj1 z am5d$ by ?is ,act4