,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #diie  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #ai1 #bjaf ,mr4
 ,roskam 7= himself1 ,mr4 ,pompeo1 &    
,mr4 ,zeld97 introduc$ ! foll[+ bill2   
:i* 0 ref]r$ to ! ,committee on ,=eign  
,affairs1 & 9 addition to ! ,committee  
on ,f9ancial ,s]vices1 = 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 prohibit !      
facilitation ( c]ta9 f9ancial           
transactions involv+ ! ,gov]nm5t ( ,iran
 or ,iranian p]sons & to impose         
sanctions ) respect to ! facilitation ( 
^? transactions1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,prev5t+ ,iran's ,access to ,unit$      
,/ates ,doll>s ,act ( #bjaf4  #b4       
,prohibition on facilitation ( c]ta9    
transactions involv+ ! ,gov]nm5t ( ,iran
 or ,iranian p]sons  7a7 ,9 g5]al ,!    
,presid5t %all n issue any lic5se "u !  
,int]national ,em]g5cy ,economic ,p[]s  

,act 7#ej ,u4,s4,c4 #agja et seq47 t    
p]mits a p]son--  7#a7 to conduct an    
(f%ore ,unit$ ,/ates doll> cle>+ sy/em =
 transactions involv+ ! ,gov]nm5t (     
,iran or an ,iranian p]son2 or  7#b7 to 
provide ,unit$ ,/ates doll>s = any      
(f%ore ,unit$ ,/ates doll> cle>+ sy/em  
conduct$ or ov]se5 by a =eign gov]nm5t  
or a =eign f9ancial in/itution =        
transactions involv+ ! ,gov]nm5t ( ,iran
 or an ,iranian p]son4  7b7 ,def9itions 
,9 ?is section3 7#a7 ,entity ,! t]m     
entity means a corporation1 bus9ess     
association1 p>tn]%ip1 tru/1 society1 or
 any o!r entity4  7#b7 ,=eign f9ancial  
in/itution ,! t]m =eign f9ancial        
in/itution has ! mean+ ( t t]m z det]m9$
 by ! ,secret>y ( ! ,treasury pursuant  
to section #ajd7;i7 ( ! ,compreh5sive   
,iran ,sanctions1 ,acc\ntability1 &     
,dive/m5t ,act ( #bjaj 7#bb ,u4,s4,c4   
#heac7;i774  7#c7 ,p]son ,! t]m p]son   
means an individual or entity4  #c4     
,reports on1 & au?orization ( imposition
 ( sanctions ) respect to1 (f%ore ,unit$

 ,/ates doll> cle>+ = transactions      
involv+ ! ,gov]nm5t ( ,iran or ,iranian 
p]sons  7a7 ,reports requir$  7#a7 ,9   
g5]al ,n lat] ?an #fj days aft] ! date (
 ! enactm5t ( ?is ,act1 & n less        
frequ5tly ?an once e #ij days !reaft]1 !
 ,secret>y ( ! ,treasury %all submit to 
! appropriate congressional committees &
 publi% 9 ! ,f$]al ,regi/] a report t   
conta9s--  7,a7 a li/ ( any f9ancial    
in/itutions t ! ,secret>y has id5tifi$  
z-- 7i7 op]at+ an (f%ore ,unit$ ,/ates  
doll> cle>+ sy/em t conducts            
transactions involv+ ! ,gov]nm5t ( ,iran
 or an ,iranian p]son2 or  7ii7         
p>ticipat+ 9 a transaction describ$ 9   
clause 7i7 ?r\gh a sy/em describ$ 9 t   
clause2 &  7,b7 a detail$ assessm5t ( ! 
/atus ( ef=ts by ! ,secret>y to prev5t !
 conduct ( transactions describ$ 9      
subp>agraph 7,a77i7 ?r\gh sy/ems        
describ$ 9 t subp>agraph4  7#b7 ,=m (   
report ,ea* report submitt$ "u p>agraph 
7#a7 %all be submitt$ 9 unclassifi$ =m b
 may conta9 a classifi$ annex4  7b7     

,imposition ( sanctions  7#a7 ,9 g5]al  
,! ,presid5t %all1 9 accordance ) !     
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq471     
block & prohibit all transactions 9 all 
prop]ty & int]e/s 9 prop]ty ( any       
f9ancial in/itution specifi$ 9 ! mo/    
rec5t li/ submitt$ "u subsection        
7a77#a77;,a7 if su* prop]ty & int]e/s 9 
prop]ty are 9 ! ,unit$ ,/ates1 come )9 !
 ,unit$ ,/ates1 or are or come )9 !     
possession or control ( a ,unit$ ,/ates 
p]son4  7#b7 ,additional sanctions ,!   
,presid5t may impose additional         
sanctions "u ! ,int]national ,em]g5cy   
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja et seq47 ) respect to a f9ancial  
in/itution t is subject to sanctions "u 
p>agraph 7#a74  7c7 ,appropriate        
congressional committees def9$ ,9 ?is   
section1 ! t]m appropriate congressional
 committees has ! mean+ giv5 t t]m 9    
section #ad ( ! ,iran ,sanctions ,act ( 
#aiif 7,public ,law #ajd-agb2 #ej       
,u4,s4,c4 #agja note74  #d4             

,cl>ification t freez+ ( assets (       
,iranian f9ancial in/itutions includes  
assets 9 possession or control ( a      
,unit$ ,/ates p]son pursuant to a       
,u-turn transaction ,section #abde7;c7 (
 ! ,national ,def5se ,au?orization ,act 
= ,fiscal ,ye> #bjab 7#bb ,u4,s4,c4     
#heac;a7 is am5d$--  7#a7 by /rik+ ,!   
,presid5t & ins]t+ 7#a7 ,9 g5]al4--,!   
,presid5t2 &  7#b7 by add+ at ! end !   
foll[+3  7#b7 ,treatm5t ( c]ta9         
transactions  7,a7 ,u-,turn transactions
 ,prop]ty t comes )9 ! possession or    
control ( a ,unit$ ,/ates p]son pursuant
 to a transf] ( funds t arises f1 & is  
ord9>ily incid5t & necess>y to give     
effect to1 an und]ly+ transaction %all  
be consid]$ to come )9 ! possession or  
control ( t p]son = purposes ( p>agraph 
7#a74  7,b7 ,book transf]s ,a transf] ( 
funds or o!r prop]ty = ! b5efit ( an    
,iranian f9ancial in/itution t is made  
betwe5 acc\nts ( ! same f9ancial        
in/itution %all be consid]$ prop]ty or  
int]e/s 9 prop]ty ( t ,iranian f9ancial 

in/itution = purposes ( p>agraph 7#a7   
ev5 if t ,iranian f9ancial in/itution is
 n ! direct recipi5t ( ! transf]4  4