,,ii ,calendar ,no4 #bi #aadth          
,,congress  #ast ,session  ,s4 #gib     
,,in ,,the ,,senate ,,of ,,the ,,united 
,,states  ,march #ah1 #bjae,mr4 ,shelby1
 from the ,committee on ,banking1       
,housing1 and ,urban ,affairs1 reported 
the following original bill2 which was  
read twice and placed on the calendar   
,a ,,bill  ,to expand sanctions imposed 
with respect to ,iran and to impose     
additional sanctions with respect to    
,iran1 and for other purposes4  #a4     
,short title2 table of contents  7a7    
,short title ,this ,act may be cited as 
the ,nuclear ,weapon ,free ,iran ,act of
 #bjae4  7b7 ,table of contents ,the    
table of contents for this ,act is as   
follows3 ,sec4 #a4 ,short title2 table  
of contents4 ,sec4 #b4 ,definitions4    
,sec4 #c4 ,sense of ,congress with      
respect to ,iran4 ,sec4 #d4 ,sense of   
,congress with respect to ,israel's     
right to exist and to defend itself and 
its people4 ,,title ,i--,congressional  
review of agreements with1 and economic 

sanctions relief provided to1 ,iran     
,sec4 #aja4 ,transmission to ,congress  
of agreements with ,iran and assessment 
reports with respect to such agreements4
 ,sec4 #ajb4 ,period for review by      
,congress of long-term comprehensive    
solution4 ,sec4 #ajc4 ,sense of         
,congress on congressional approval of  
agreement4 ,,title ,,ii--,expansion and 
imposition of sanctions ,sec4 #bja4     
,effective dates for staged imposition  
of sanctions if long-term comprehensive 
solution not reached4 ,sec4 #bjb4       
,termination of suspension of sanctions4
 ,sec4 #bjc4 ,applicability of sanctions
 with respect to petroleum transactions4
 ,sec4 #bjd4 ,ineligibility for         
exception to certain sanctions for      
countries that do not reduce purchases  
of petroleum from ,iran or of ,iranian  
origin to a de minimis level4 ,sec4     
#bje4 ,identification of1 and imposition
 of sanctions with respect to1 certain  
,iranian individuals4 ,sec4 #bjf4       
,imposition of sanctions with respect to

 transactions in foreign currencies with
 or for certain sanctioned persons4     
,sec4 #bjg4 ,imposition of sanctions    
with respect to ports1 special economic 
zones1 and strategic sectors of ,iran4  
,sec4 #bjh4 ,waiver of sanctions4       
,,title ,,iii--,general provisions ,sec4
 #cja4 ,exception for ,afghanistan      
reconstruction4 ,sec4 #cjb4 ,exception  
for import restrictions4 ,sec4 #cjc4    
,applicability to certain intelligence  
activities4 ,sec4 #cjd4 ,applicability  
to certain natural gas projects4 ,sec4  
#cje4 ,rule of construction with respect
 to the use of force against ,iran4     
,sec4 #cjf4 ,sense of ,congress on      
increased staffing for agencies involved
 in the implementation and enforcement  
of sanctions against ,iran4  #b4        
,definitions ,in this ,act3  7#a7       
,appropriate congressional committees   
,the term appropriate congressional     
committees has the meaning given that   
term in section #ad of the ,iran        
,sanctions ,act of #aiif 7,public ,law  

#ajd-agb2 #ej ,u4,s4,c4 #agja note74    
7#b7 ,joint ,plan of ,action ,the term  
,joint ,plan of ,action-- 7,a7 means the
 ,joint ,plan of ,action1 signed at     
,geneva ,november #bd1 #bjac1 by ,iran  
and the ,p#e-plus-#a countries2 and     
7,b7 includes all implementing materials
 and agreements related to the ,joint   
,plan of ,action1 including the         
technical understandings reached on     
,january #ab1 #bjad1 the extension      
agreed to on ,july #ai1 #bjad1 the      
extension agreed to on ,november #bd1   
#bjad1 and any extension that is agreed 
to on or after the date of the enactment
 of this ,act and is transmitted to the 
appropriate congressional committees    
pursuant to section #aja4  7#c7         
,long-term comprehensive solution ,the  
term long-term comprehensive solution   
means any comprehensive agreement1      
including a framework agreement or      
political agreement1 regarding the      
nuclear program of ,iran as described in
 the ,joint ,plan of ,action1 without   

regard to whether or not one or more    
countries other than the ,united ,states
 and ,iran are parties to the agreement1
 and all implementing materials and     
technical understandings related to that
 comprehensive agreement4  7#d7         
,p#e-plus-#a countries ,the term        
,p#e-plus-#a countries means the ,united
 ,states1 ,france1 the ,russian         
,federation1 the ,people's ,republic of 
,china1 the ,united ,kingdom1 and       
,germany4  #c4 ,sense of ,congress with 
respect to ,iran ,it is the sense of    
,congress that-- 7#a7 it is the policy  
of the ,united ,states that the         
,government of ,iran will not be allowed
 to develop or otherwise acquire a      
nuclear weapon capability2  7#b7 all    
instruments of power and influence of   
the ,united ,states should remain on the
 table to prevent the ,government of    
,iran from developing or otherwise      
acquiring a nuclear weapon capability2  
7#c7 a long-term comprehensive solution 
with ,iran will be most sustainable over

 the long term if the ,president        
consults and coordinates closely with   
,congress to implement a strategy that  
decisively ends any nuclear threat from 
,iran2  7#d7 the ,government of ,iran   
does not have an absolute or inherent   
right to enrichment and reprocessing    
capabilities and technologies under the 
,treaty on the ,non-,proliferation of   
,nuclear ,weapons1 done at ,washington1 
,london1 and ,moscow ,july #a1 #aifh1   
and entered into force ,march #e1 #aigj 
7commonly referred to as the ,nuclear   
,non-,proliferation ,treaty72  7#e7 the 
goal of international negotiations with 
,iran1 led by the ,united ,states1      
should be to conclude a long-term       
comprehensive solution with parameters  
that will--  7,a7 reverse the           
development of ,iran's illicit nuclear  
infrastructure1 including enrichment and
 reprocessing capabilities and          
facilities1 the heavy water reactor and 
production plant at ,arak1 and any      
nuclear weapon components and           

technology1 such that ,iran is precluded
 from a nuclear breakout capability and 
prevented from pursuing both uranium and
 plutonium pathways to a nuclear weapon2
  7,b7 bring ,iran into compliance with 
all ,united ,nations ,security ,council 
resolutions related to ,iran's nuclear  
program1 including ,resolutions #afif   
7#bjjf71 #agcg 7#bjjf71 #agdg 7#bjjg71  
#ahjc 7#bjjh71 #ahce 7#bjjh71 and #aibi 
7#bjaj71 with a view toward bringing to 
a satisfactory conclusion the ,security 
,council's consideration of matters     
relating to the nuclear program of      
,iran2  7,c7 resolve all issues of past 
and present concern with the            
,international ,atomic ,energy ,agency1 
including possible military dimensions  
of the nuclear program of ,iran1 and    
give inspectors access to personnel1    
documents1 and facilities involved1 at  
any point1 with nuclear or nuclear      
weapons-related activities of ,iran2    
7,d7 permit on-site and short-notice    
inspection1 verification1 and monitoring

 of all declared and suspect facilities 
in ,iran1 including installation and use
 of any compliance verification         
equipment requested by the              
,international ,atomic ,energy ,agency1 
such that any effort by ,iran to produce
 a nuclear weapon will be quickly       
detected2  7,e7 require that ,iran fully
 implement and comply with-- 7i7 the    
,agreement between ,iran and the        
,international ,atomic ,energy ,agency  
for the ,application of ,safeguards in  
,connection with the ,treaty on the     
,non-,proliferation of ,nuclear         
,weapons1 done at ,vienna ,june #ai1    
#aigc 7commonly referred to as the      
,comprehensive ,safeguards ,agreement72 
7ii7 modified ,code #c4a of the         
,subsidiary ,arrangements to the        
,agreement between ,iran and the        
,international ,atomic ,energy ,agency  
for the ,application of ,safeguards in  
,connection with the ,treaty on the     
,non-,proliferation of ,nuclear         
,weapons2 and  7iii7 ratification and   

implementation of the ,protocol         
,additional to the ,agreement between   
,iran and the ,international ,atomic    
,energy ,agency for the ,application of 
,safeguards in ,connection with the     
,treaty on the ,non-,proliferation of   
,nuclear ,weapons1 done at ,vienna      
,december #ah1 #bjjc 7commonly referred 
to as the ,additional ,protocol72 and   
7,f7 require that ,iran implement       
measures in addition to the ,additional 
,protocol that include verification by  
the ,international ,atomic ,energy      
,agency of ,iran's centrifuge research1 
development1 and manufacturing          
facilities1 including raw materials and 
components1 and ,iran's uranium mines1  
mills1 and processing facilities2  7#f7 
the ,united ,states should continue to  
impose sanctions on the ,government of  
,iran and its proxies for their         
continuing sponsorship of terrorism2    
7#g7 the ,united ,states should continue
 to impose sanctions on the ,government 
of ,iran and ,iranian persons for--     

7,a7 ongoing abuses of human rights2 and
  7,b7 actions in support of the regime 
of ,bashar al-,assad in ,syria2 and     
7#h7 the ,united ,states should continue
 to impose sanctions on the ,government 
of ,iran and other governments and      
persons for the procurement1 sale1 or   
transfer of technology1 services1 or    
goods that support the development or   
acquisition of weapons of mass          
destruction or the means of delivery of 
those weapons4  #d4 ,sense of ,congress 
with respect to ,israel's right to exist
 and to defend itself and its people    
7a7 ,findings ,congress makes the       
following findings3 7#a7 ,consistent    
with ,article #ea of the ,charter of the
 ,united ,nations1 which recognizes the 
right of a country to self-defense1     
,israel must be allowed to take any     
actions necessary to remove threats to  
its existence4  7#b7 ,iran1 which       
rejects ,israel's right to exist as a   
country1 is a continued threat to the   
safety and security of ,israel and the  

,united ,states through its support of  
terrorist organizations such as ,hamas  
and ,hezbollah4  7#c7 ,any efforts by   
,iran to acquire nuclear weapons are a  
direct threat to ,israel's right to     
exist as a country4  7b7 ,sense of      
,congress ,it is the sense of ,congress 
that the ,united ,states supports       
,israel's rights-- 7#a7 to exist as a   
democratic1 ,jewish state2  7#b7 to     
defend itself against threats to its    
existence2 and  7#c7 to protect the     
lives and safety of the people of       
,israel4  ,i ,congressional review of   
agreements with1 and economic sanctions 
relief provided to1 ,iran  #aja4        
,transmission to ,congress of agreements
 with ,iran and assessment reports with 
respect to such agreements  7a7         
,transmission of agreements ,not later  
than #e days after entering into a      
long-term comprehensive solution or any 
agreement to extend the ,joint ,plan of 
,action entered into after the date of  
the enactment of this ,act1 the         

,president shall transmit to the        
appropriate congressional committees--  
7#a7 the text of the agreement2  7#b7 a 
verification assessment report of the   
,secretary of ,state prepared under     
subsection 7b7 with respect to the      
agreement2 and  7#c7 an economic        
sanctions relief assessment report of   
the ,secretary of the ,treasury prepared
 under subsection 7c7 with respect to   
the agreement4  7b7 ,verification       
assessment report  7#a7 ,in general ,the
 ,secretary of ,state shall1 in         
consultation with the ,director of      
,national ,intelligence1 prepare1 with  
respect to each agreement described in  
subsection 7a71 a report assessing the  
extent to which the ,secretary will be  
able to verify that ,iran is complying  
with its obligations under the          
agreement1 including an assessment1 in  
conjunction with the ,secretary of the  
,treasury1 of existing inadequacies in  
the international monitoring and        
verification system4  7#b7 ,assumptions 

,in preparing a report under paragraph  
7#a7 with respect to an agreement       
described in subsection 7a71 the        
,secretary of ,state shall assume that  
,iran could--  7,a7 use all measures not
 expressly prohibited by the agreement  
to conceal activities that violate its  
obligations under the agreement2 and    
7,b7 alter or deviate from standard     
practices in order to impede efforts to 
verify that ,iran is complying with     
those obligations4  7c7 ,economic       
sanctions relief assessment report ,the 
,secretary of the ,treasury shall1 in   
consultation with the ,director of      
,national ,intelligence1 prepare1 with  
respect to each agreement described in  
subsection 7a71 a report assessing the  
extent to which the economy of ,iran--  
7#a7 has1 as of the date of the report1 
directly and indirectly benefited from  
sanctions relief pursuant to the ,joint 
,plan of ,action2 and  7#b7 is likely1  
over the course of the agreement1 to    
directly and indirectly benefit from    

proposed sanctions relief1 including    
enhanced trade and market opportunities1
 pursuant to the agreement4  7d7 ,form  
of reports ,each report under subsection
 7b7 or 7c7 shall be transmitted in     
unclassified form1 but may include a    
classified annex4  #ajb4 ,period for    
review by ,congress of long-term        
comprehensive solution  7a7             
,transmission of long-,term             
comprehensive solution  7#a7 ,in general
 ,after transmitting a long-term        
comprehensive solution and the          
assessment reports under section        
#aja7;a71 the ,president shall not      
exercise any waiver authority provided  
under any provision of law imposing     
sanctions with respect to ,iran1 refrain
 from applying any such sanctions1 or   
take any other action to alter or limit 
the application of sanctions in         
connection with or to implement the     
long-term comprehensive solution1 until 
the date that is #cj days of continuous 
session of ,congress after the          

,president transmits the long-term      
comprehensive solution and the          
assessment reports4  7#b7 ,exception    
,the prohibition under paragraph 7#a7   
does not apply to a renewal of any      
deferral1 waiver1 or other suspension of
 sanctions pursuant to the ,joint ,plan 
of ,action if that deferral1 waiver1 or 
other suspension is made--  7,a7        
consistent with the law in effect on the
 date of the enactment of this ,act2 and
  7,b7 not later than #de days before   
the transmission by the ,president of   
the long-term comprehensive solution and
 the assessment reports under section   
#aja7;a74  7#c7 ,rule of construction   
,the ,president shall not construe this 
subsection to allow any new deferral1   
waiver1 or other suspension of sanctions
 with respect to ,iran during the #cj   
days of continuous session specified in 
paragraph 7#a74  7b7 ,computation of    
continuous session days ,in computing   
days of continuous session of ,congress 
under subsection 7a7-- 7#a7 the days on 

which either ,house is not in session   
because of an adjournment of more than  
#c days to a date certain are excluded2 
and  7#b7 continuity of session is      
broken only by an adjournment of        
,congress sine die4  #ajc4 ,sense of    
,congress on congressional approval of  
agreement ,it is the sense of ,congress 
that the ,president should transmit to  
,congress any agreement subject to      
section #aja7;a71 and that such         
agreement should be voted on by         
,congress prior to becoming effective4  
,,ii ,expansion and imposition of       
sanctions  #bja4 ,effective dates for   
staged imposition of sanctions if       
long-term comprehensive solution not    
reached ,if the ,president has not      
transmitted to the appropriate          
congressional committees1 pursuant to   
section #aja1 a long-term comprehensive 
solution and the assessment reports     
described in that section--  7#a7 by    
,july #f1 #bjae1 section #bjb shall take
 effect2  7#b7 by ,august #c1 #bjae1 the

 provisions of and amendments made by   
section #bjc shall take effect2  7#c7 by
 ,september #g1 #bjae1 the provisions of
 and amendments made by section #bjd    
shall take effect2  7#d7 by ,october #e1
 #bjae1 the provisions of and amendments
 made by section #bje shall take effect2
  7#e7 by ,november #b1 #bjae1 the      
provisions of and amendments made by    
section #bjf shall take effect2 and     
7#f7 by ,december #g1 #bjae1 the        
provisions of and amendments made by    
section #bjg shall take effect4  #bjb4  
,termination of suspension of sanctions 
,any sanctions imposed pursuant to      
statute or executive action that are    
deferred1 waived1 or otherwise suspended
 by the ,president before the date of   
the enactment of this ,act pursuant to  
the ,joint ,plan of ,action shall be    
reinstated on the effective date        
specified in section #bja7a74  #bjc4    
,applicability of sanctions with respect
 to petroleum transactions  7a7 ,in     
general ,section #abde7;d77#d77;,d77i7  

of the ,national ,defense ,authorization
 ,act for ,fiscal ,year #bjab 7#bb      
,u4,s4,c4 #heac;a7d77#d77;,d77i77 is    
amended--  7#a7 in subclause 7,i71 by   
striking reduced reduced its volume of  
crude oil purchases from ,iran and      
inserting reduced the volume of its     
purchases of petroleum from ,iran or of 
,iranian origin2 and  7#b7 in subclause 
7,,ii71 by striking crude oil purchases 
from ,iran and inserting purchases of   
petroleum from ,iran or of ,iranian     
origin4  7b7 ,definitions ,section      
#abde7;h7 of the ,national ,defense     
,authorization ,act for ,fiscal ,year   
#bjab 7#bb ,u4,s4,c4 #heac;a7h77 is     
amended--  7#a7 by redesignating        
paragraphs 7#c7 and 7#d7 as paragraphs  
7#e7 and 7#f71 respectively2 and  7#b7  
by inserting after paragraph 7#b7 the   
following3  7#c7 ,iranian origin ,the   
term ,iranian origin1 with respect to   
petroleum1 means extracted1 produced1 or
 refined in ,iran4  7#d7 ,petroleum ,the
 term petroleum includes crude oil1     

lease condensates1 plant condensates1   
fuel oils1 other unfinished oils1       
liquefied petroleum gases1 and other    
petroleum products4  4  7c7 ,conforming 
amendments ,section #ajb7;b7 of the     
,iran ,threat ,reduction and ,syria     
,human ,rights ,act of #bjab 7#bb       
,u4,s4,c4 #hgab7;b77 is amended--  7#a7 
in paragraph 7#c7-- 7,a7 by striking    
crude oil purchases from ,iran and      
inserting purchases of petroleum from   
,iran or of ,iranian origin2 and  7,b7  
by striking as amended by section #ejd12
 and  7#b7 in paragraph 7#d71 by        
striking crude oil purchases and        
inserting purchases of petroleum from   
,iran or of ,iranian origin4  7d7       
,effective date ,the amendments made by 
this section shall apply with respect to
 determinations under section           
#abde7;d77#d77;,d77i7 of the ,national  
,defense ,authorization ,act for ,fiscal
 ,year #bjab 7#bb ,u4,s4,c4             
#heac;a7d77#d77;,d77i77 on or after the 
effective date specified in section     

#bja7b74  #bjd4 ,ineligibility for      
exception to certain sanctions for      
countries that do not reduce purchases  
of petroleum from ,iran or of ,iranian  
origin to a de minimis level  7a7       
,statement of policy ,it shall be the   
policy of the ,united ,states to seek to
 ensure that all countries reduce their 
purchases of crude oil1 lease           
condensates1 fuel oils1 and other       
unfinished oils from ,iran or of        
,iranian origin to a de minimis level by
 the end of the #bdj-;day period        
beginning on the effective date         
specified in section #bja7c74  7b7      
,ineligibility for exceptions to        
sanctions ,section #abde7;d77#d77;,d7 of
 the ,national ,defense ,authorization  
,act for ,fiscal ,year #bjab 7#bb       
,u4,s4,c4 #heac;a7d77#d77;,d77 is       
amended by adding at the end the        
following3  7iii7 ,ineligibility for    
exception  7,i7 ,in general ,a country  
that purchased petroleum from ,iran or  
of ,iranian origin during the one-year  

period preceding the effective date     
specified in section #bja7c7 of the     
,nuclear ,weapon ,free ,iran ,act of    
#bjae may continue to receive an        
exception under clause 7i7 on or after  
the date that is #bdj days after such   
effective date only--  7aa7 if the      
country reduces its purchases of        
petroleum from ,iran or of ,iranian     
origin to a de minimis level by the end 
of the #bdj-;day period beginning on    
such effective date2 or  7bb7 as        
provided in subclause 7,,ii7 or 7,,iii74
  7,,ii7 ,countries that dramatically   
reduce purchases  7aa7 ,in general ,a   
country that would otherwise be         
ineligible pursuant to subclause        
7,i77aa7 to receive an exception under  
clause 7i7 may continue to receive such 
an exception during the one-year period 
beginning on the date that is #bdj days 
after the effective date specified in   
section #bja7c7 of the ,nuclear ,weapon 
,free ,iran ,act of #bjae if the        
country-- 7,,aa7 dramatically reduces by

 at least #cj percent its purchases of  
petroleum from ,iran or of ,iranian     
origin during the #bdj-;day period      
beginning on such effective date1 as    
compared to its average monthly         
purchases of such petroleum during      
calendar year #bjad2 and 7,,bb7 is      
expected to reduce its purchases of     
petroleum from ,iran or of ,iranian     
origin to a de minimis level within a   
defined period of time that is not      
longer than #b years after such         
effective date4  7bb7 ,termination of   
exception ,if a country that continues  
to receive an exception under clause 7i7
 pursuant to item 7aa7 does not reduce  
its purchases of petroleum from ,iran or
 of ,iranian origin to a de minimis     
level by the date that is #b years after
 the effective date specified in section
 #bja7c7 of the ,nuclear ,weapon ,free  
,iran ,act of #bjae1 that country shall 
not be eligible for an exception under  
clause 7i7 on or after the date that is 
#b years after such effective date4     

7,,iii7 ,reinstatement of eligibility   
for exception ,a country that becomes   
ineligible for an exception under clause
 7i7 pursuant to subclause 7,i7 or      
7,,ii7 shall be eligible for such an    
exception in accordance with the        
provisions of clause 7i7 on and after   
the date on which the ,president        
determines the country has reduced its  
purchases of petroleum from ,iran or of 
,iranian origin to a de minimis level4  
4  7c7 ,conforming amendment ,section   
#abde7;d77#d77;,d77i7 of the ,national  
,defense ,authorization ,act for ,fiscal
 ,year #bjab 7#bb ,u4,s4,c4             
#heac;a7d77#d77;,d77i77 is amended in   
the matter preceding subclause 7,i7 by  
striking ,sanctions imposed and         
inserting ,except as provided in clause 
7iii71 sanctions imposed4  #bje4        
,identification of1 and imposition of   
sanctions with respect to1 certain      
,iranian individuals  7a7 ,expansion of 
individuals identified ,section #bba7;a7
 of the ,iran ,threat ,reduction and    

,syria ,human ,rights ,act of #bjab 7#bb
 ,u4,s4,c4 #hgbg7;a77 is amended--  7#a7
 in paragraph 7#a77;,c71 by striking 2  
or and inserting a semicolon2  7#b7 in  
paragraph 7#b71 by striking the period  
at the end and inserting a semicolon2   
and  7#c7 by adding at the end the      
following3  7#c7 an individual who      
engages in activities for or on behalf  
of the ,government of ,iran that enables
 ,iran to evade sanctions imposed by the
 ,united ,states with respect to ,iran2 
7#d7 an individual acting on behalf of  
the ,government of ,iran who is involved
 in corrupt activities of that          
,government or the diversion of         
humanitarian goods1 including           
agricultural commodities1 food1         
medicine1 and medical devices1 intended 
for the people of ,iran2 or  7#e7 a     
senior official--  7,a7 of an entity    
designated for the imposition of        
sanctions pursuant to the ,international
 ,emergency ,economic ,powers ,act 7#ej 
,u4,s4,c4 #agja et seq47 in connection  

with--  7i7 ,iran's illicit nuclear     
activities or proliferation of weapons  
of mass destruction or delivery systems 
for weapons of mass destruction2 or     
7ii7 ,iran's support for acts of        
international terrorism2 and  7,b7 who  
was involved in the activity for which  
the entity was designated for the       
imposition of sanctions4  4  7b7        
,expansion of senior officials described
 ,section #bba7;b7 of the ,iran ,threat 
,reduction and ,syria ,human ,rights    
,act of #bjab 7#bb ,u4,s4,c4 #hgbg7;b77 
is amended--  7#a7 in paragraph 7#e71 by
 striking 2 or and inserting a          
semicolon2  7#b7 in paragraph 7#f71 by  
striking the period at the end and      
inserting 2 or2 and  7#c7 by adding at  
the end the following3  7#g7 a senior   
official of--  7,a7 the ,office of the  
,supreme ,leader of ,iran2  7,b7 the    
,atomic ,energy ,organization of ,iran2 
7,c7 the ,islamic ,consultative         
,assembly of ,iran2  7,d7 the ,council  
of ,ministers of ,iran2  7,e7 the       

,ministry of ,defense and ,armed ,forces
 ,logistics of ,iran2  7,f7 the         
,ministry of ,justice of ,iran2  7,g7   
the ,ministry of ,interior of ,iran2    
7,h7 the prison system of ,iran2 or     
7,i7 the judicial system of ,iran4  4   
7c7 ,blocking of property ,section #bba 
of the ,iran ,threat ,reduction and     
,syria ,human ,rights ,act of #bjab 7#bb
 ,u4,s4,c4 #hgbg7 is amended--  7#a7 by 
redesignating subsections 7d7 and 7e7 as
 subsections 7e7 and 7f71 respectively2 
and  7#b7 by inserting after subsection 
7c7 the following3  7d7 ,blocking of    
property  7#a7 ,officials and other     
actors ,in the case of an individual    
described in paragraph 7#a71 7#c71 7#d71
 or 7#e7 of subsection 7a7 who is on the
 list required by that subsection1 the  
,president shall1 pursuant to the       
,international ,emergency ,economic     
,powers ,act 7#ej ,u4,s4,c4 #agja et    
seq471 block and prohibit all           
transactions in all property and        
interests in property of that individual

 if such property or interests in       
property are in the ,united ,states1    
come within the ,united ,states1 or are 
or come within the possession or control
 of a ,united ,states person4  7#b7     
,family members ,in the case of an      
individual described in paragraph 7#b7  
of subsection 7a7 who is on the list    
required by that subsection1 the        
,president shall1 pursuant to the       
,international ,emergency ,economic     
,powers ,act 7#ej ,u4,s4,c4 #agja et    
seq471 block and prohibit a transaction 
in property or an interest in property  
of that individual if the property or   
interest in property--  7,a7 was        
transferred to that individual from an  
individual described in paragraph 7#a7  
of subsection 7a7 who is on the list    
required by that subsection2 and  7,b7  
is in the ,united ,states1 comes within 
the ,united ,states1 or is or comes     
within the possession or control of a   
,united ,states person4  4  7d7         
,conforming amendments ,section #bba of 

the ,iran ,threat ,reduction and ,syria 
,human ,rights ,act of #bjab 7#bb       
,u4,s4,c4 #hgbg71 as amended by         
subsections 7a71 7b71 and 7c71 is       
further amended--  7#a7 by striking the 
section heading and inserting           
,identification of1 and imposition of   
sanctions with respect to1 certain      
,iranian individuals2  7#b7 in          
subsection 7a71 by striking ,not later  
than #ahj days after the date of the    
enactment of this ,act and inserting    
,not later than #ij days after the      
effective date specified in section     
#bja7d7 of the ,nuclear ,weapon ,free   
,iran ,act of #bjae2 and  7#c7 in       
subsection 7c71 by striking subsection  
7d7 and inserting subsection 7e74  7e7  
,clerical amendment ,the table of       
contents for the ,iran ,threat          
,reduction and ,syria ,human ,rights    
,act of #bjab 7#bb ,u4,s4,c4 #hgja et   
seq47 is amended by striking the item   
relating to section #bba and inserting  
the following3  ,sec4 #bba4             

,identification of1 and imposition of   
sanctions with respect to1 certain      
,iranian individuals4  4  #bjf4         
,imposition of sanctions with respect to
 transactions in foreign currencies with
 or for certain sanctioned persons  7a7 
,in general ,title ,,ii of the ,iran    
,threat ,reduction and ,syria ,human    
,rights ,act of #bjab 7#bb ,u4,s4,c4    
#hgba et seq47 is amended--  7#a7 by    
inserting after section #bba the        
following3  ,c ,other matters  2  7#b7  
by redesignating sections #bbb1 #bbc1   
and #bbd as sections #bca1 #bcb1 and    
#bcc1 respectively2 and  7#c7 by        
inserting after section #bba the        
following3  #bbb4 ,imposition of        
sanctions with respect to transactions  
in foreign currencies with certain      
sanctioned persons  7a7 ,imposition of  
sanctions ,the ,president-- 7#a7 shall  
prohibit the opening1 and prohibit or   
impose strict conditions on the         
maintaining1 in the ,united ,states of a
 correspondent account or a             

payable-through account by a foreign    
financial institution that knowingly    
conducts or facilitates a transaction   
described in subsection 7b77#a72 and    
7#b7 may impose sanctions pursuant to   
the ,international ,emergency ,economic 
,powers ,act 7#ej ,u4,s4,c4 #agja et    
seq47 with respect to any other person  
that knowingly conducts or facilitates  
such a transaction4  7b7 ,transactions  
described  7#a7 ,in general ,a          
transaction described in this subsection
 is a significant transaction conducted 
or facilitated by a person related to   
the currency of a country other than the
 country with primary jurisdiction over 
the person with1 for1 or on behalf of-- 
7,a7 the ,central ,bank of ,iran or an  
,iranian financial institution          
designated by the ,secretary of the     
,treasury for the imposition of         
sanctions pursuant to the ,international
 ,emergency ,economic ,powers ,act 7#ej 
,u4,s4,c4 #agja et seq472 or  7,b7 a    
person described in section             

#abdd7;c77#b7 of the ,iran ,freedom and 
,counter-,proliferation ,act of #bjab   
7#bb ,u4,s4,c4 #hhjc7;c77#b77 7other    
than a person described in subparagraph 
7,c77iii7 of that section74  7#b7       
,primary jurisdiction ,for purposes of  
paragraph 7#a71 a country in which a    
person operates shall be deemed to have 
primary jurisdiction over the person    
only with respect to the operations of  
the person in that country4  7c7        
,applicability ,subsection 7a7 shall    
apply with respect to a transaction     
described in subsection 7b77#a7         
conducted or facilitated--  7#a7 on or  
after the effective date specified in   
section #bja7e7 of the ,nuclear ,weapon 
,free ,iran ,act of #bjae pursuant to a 
contract entered into on or after such  
effective date2 and  7#b7 on or after   
the date that is #ij days after such    
effective date pursuant to a contract   
entered into before such effective date4
  7d7 ,inapplicability to humanitarian  
transactions ,the ,president may not    

impose sanctions under subsection 7a7   
with respect to any person for          
conducting or facilitating a transaction
 for the sale of agricultural           
commodities1 food1 medicine1 or medical 
devices to ,iran or for the provision of
 humanitarian assistance to the people  
of ,iran4  7e7 ,waiver  7#a7 ,in general
 ,the ,president may waive the          
application of subsection 7a7 with      
respect to a person for a period of not 
more than #ahj days1 and may renew that 
waiver for additional periods of not    
more than #ahj days1 if the ,president--
  7,a7 determines that the waiver is    
important to the national interest of   
the ,united ,states2 and  7,b7 not less 
than #ae days after the waiver or the   
renewal of the waiver1 as the case may  
be1 takes effect1 submits a report to   
the appropriate congressional committees
 on the waiver and the reason for the   
waiver4  7#b7 ,form of report ,each     
report submitted under paragraph        
7#a77;,b7 shall be submitted in         

unclassified form but may contain a     
classified annex4  7f7 ,definitions ,in 
this section3  7#a7 ,financial          
institution2 ,iranian financial         
institution ,the terms financial        
institution and ,iranian financial      
institution have the meanings given     
those terms in section #ajd;,a7d7 of the
 ,comprehensive ,iran ,sanctions1       
,accountability1 and ,divestment ,act of
 #bjaj 7#bb ,u4,s4,c4 #heac;b7d774  7#b7
 ,transaction ,the term transaction     
includes a foreign exchange swap1 a     
foreign exchange forward1 and any other 
type of currency exchange or conversion 
or derivative instrument4  4  7b7       
,additional definitions ,section #b of  
the ,iran ,threat ,reduction and ,syria 
,human ,rights ,act of #bjab 7#bb       
,u4,s4,c4 #hgja7 is amended--  7#a7 by  
redesignating paragraphs 7#b71 7#c71 and
 7#d7 as paragraphs 7#e71 7#f71 and     
7#i71 respectively2  7#b7 by striking   
paragraph 7#a7 and inserting the        
following3  7#a7 ,account2 correspondent

 account2 payable-through account ,the  
terms account1 correspondent account1   
and payable-through account have the    
meanings given those terms in section   
#ecah;,a of title #ca1 ,united ,states  
,code4  7#b7 ,agricultural commodity    
,the term agricultural commodity has the
 meaning given that term in section #ajb
 of the ,agricultural ,trade ,act of    
#aigh 7#g ,u4,s4,c4 #efjb74  7#c7       
,appropriate congressional committees   
,the term appropriate congressional     
committees has the meaning given that   
term in section #ad of the ,iran        
,sanctions ,act of #aiif 7,public ,law  
#ajd-agb2 #ej ,u4,s4,c4 #agja note74    
7#d7 ,domestic financial institution2   
foreign financial institution ,the terms
 domestic financial institution and     
foreign financial institution have the  
meanings determined by the ,secretary of
 the ,treasury pursuant to section      
#ajd7;i7 of the ,comprehensive ,iran    
,sanctions1 ,accountability1 and        
,divestment ,act of #bjaj 7#bb ,u4,s4,c4

 #heac7;i774  2 and  7#c7 by inserting  
after paragraph 7#f71 as redesignated by
 paragraph 7#a71 the following3  7#g7   
,medical device ,the term medical device
 has the meaning given the term device  
in section #bja of the ,federal ,food1  
,drug1 and ,cosmetic ,act 7#ba ,u4,s4,c4
 #cba74  7#h7 ,medicine ,the term       
medicine has the meaning given the term 
drug in section #bja of the ,federal    
,food1 ,drug1 and ,cosmetic ,act 7#ba   
,u4,s4,c4 #cba74  4  7c7 ,clerical      
amendment ,the table of contents for the
 ,iran ,threat ,reduction and ,syria    
,human ,rights ,act of #bjab is amended 
by striking the items relating to       
sections #bbb1 #bbc1 and #bbd and       
inserting the following3  ,sec4 #bbb4   
,imposition of sanctions with respect to
 transactions in foreign currencies with
 certain sanctioned persons4,subtitle   
,c--,other matters,sec4 #bca4 ,sense of 
,congress and rule of construction      
relating to certain authorities of      
,state and local governments4,sec4 #bcb4

 ,government ,accountability ,office    
report on foreign entities that invest  
in the energy sector of ,iran or export 
refined petroleum products to           
,iran4,sec4 #bcc4 ,reporting on the     
importation to and exportation from     
,iran of crude oil and refined petroleum
 products4  4  #bjg4 ,imposition of     
sanctions with respect to ports1 special
 economic zones1 and strategic sectors  
of ,iran  7a7 ,findings ,section        
#abdd7;a77#a7 of the ,iran ,freedom and 
,counter-,proliferation ,act of #bjab   
7#bb ,u4,s4,c4 #hhjc7;a77#a77 is amended
 by striking and shipbuilding and       
inserting shipbuilding1 automotive1     
construction1 engineering1 and mining4  
7b7 ,expansion of designation of        
entities of proliferation concern       
,section #abdd7;b7 of the ,iran ,freedom
 and ,counter-,proliferation ,act of    
#bjab 7#bb ,u4,s4,c4 #hhjc7;b77 is      
amended by striking in ,iran and        
entities in the energy1 shipping1 and   
shipbuilding sectors and inserting 1    

special economic zones1 or free economic
 zones in ,iran1 and entities in        
strategic sectors4  7c7 ,expansion of   
entities subject to blocking of property
 ,section #abdd7;c7 of the ,iran        
,freedom and ,counter-,proliferation    
,act of #bjab 7#bb ,u4,s4,c4 #hhjc7;c77 
is amended--  7#a7 in paragraph         
7#a77;,a71 by striking the date that is 
#ahj days after the date of the         
enactment of this ,act and inserting the
 effective date specified in section    
#bja7f7 of the ,nuclear ,weapon ,free   
,iran ,act of #bjae2 and  7#b7 in       
paragraph 7#b7--  7,a7 in the matter    
preceding subparagraph 7,a71 by striking
 the date that is #ahj days after the   
date of the enactment of this ,act and  
inserting the effective date specified  
in section #bja7f7 of the ,nuclear      
,weapon ,free ,iran ,act of #bjae2  7,b7
 by striking the energy1 shipping1 or   
shipbuilding sectors each place it      
appears and inserting a strategic       
sector2 and  7,c7 by inserting 1 special

 economic zone1 or free economic zone   
after port each place it appears2 and   
7#c7 by adding at the end the following3
  7#d7 ,strategic sector defined  7,a7  
,in general ,in this section1 the term  
strategic sector means-- 7i7 the energy1
 shipping1 shipbuilding1 automotive1 and
 mining sectors of ,iran2  7ii7 except  
as provided in subparagraph 7,b71 the   
construction and engineering sectors of 
,iran2 and  7iii7 any other sector the  
,president designates as of strategic   
importance to ,iran4  7,b7 ,exception   
for construction and engineering of     
schools1 hospitals1 and similar         
facilities ,for purposes of this        
section1 a project to construct or      
engineer a school1 hospital1 or similar 
facility 7as determined by the          
,president7 shall not be considered part
 of a strategic sector of ,iran4  7,c7  
,notification of strategic sector       
designation ,the ,president shall submit
 to ,congress a notification of the     
designation of a sector as a strategic  

sector of ,iran for purposes of         
subparagraph 7,a77iii7 not later than #e
 days after the date on which the       
,president makes the designation4  4    
7d7 ,additional sanctions with respect  
to strategic sectors ,section #abdd7;d7 
of the ,iran ,freedom and               
,counter-,proliferation ,act of #bjab   
7#bb ,u4,s4,c4 #hhjc7;d77 is amended--  
7#a7 in paragraph 7#a77;,a71 by striking
 the date that is #ahj days after the   
date of the enactment of this ,act and  
inserting the effective date specified  
in section #bja7f7 of the ,nuclear      
,weapon ,free ,iran ,act of #bjae2  7#b7
 in paragraph 7#b71 by striking the date
 that is #ahj days after the date of the
 enactment of this ,act and inserting   
the effective date specified in section 
#bja7f7 of the ,nuclear ,weapon ,free   
,iran ,act of #bjae2 and  7#c7 in       
paragraph 7#c71 by striking the energy1 
shipping1 or shipbuilding sectors and   
inserting a strategic sector4  7e7      
,sale1 supply1 or transfer of certain   

materials ,to or from ,iran ,section    
#abde of the ,iran ,freedom and         
,counter-,proliferation ,act of #bjab   
7#bb ,u4,s4,c4 #hhjd7 is amended--  7#a7
 in subsection 7a77#a7-- 7,a7 in the    
matter preceding subparagraph 7,a71 by  
striking the date that is #ahj days     
after the date of the enactment of this 
,act and inserting the effective date   
specified in section #bja7f7 of the     
,nuclear ,weapon ,free ,iran ,act of    
#bjae2 and  7,b7 in subparagraph        
7,c77i77,i71 by striking the energy1    
shipping1 or shipbuilding sectors and   
inserting a strategic sector 7as defined
 in section #abdd7;c77#d772 and  7#b7 in
 subsection 7c71 by striking the date   
that is #ahj days after the date of the 
enactment of this ,act and inserting the
 effective date specified in section    
#bja7f7 of the ,nuclear ,weapon ,free   
,iran ,act of #bjae4  7f7 ,provision of 
insurance to sanctioned persons ,section
 #abdf7;a77#a7 of the ,iran ,freedom and
 ,counter-,proliferation ,act of #bjab  

7#bb ,u4,s4,c4 #hhje7;a77#a77 is        
amended--  7#a7 in the matter preceding 
subparagraph 7,a71 by striking the date 
that is #ahj days after the date of the 
enactment of this ,act and inserting the
 effective date specified in section    
#bja7f7 of the ,nuclear ,weapon ,free   
,iran ,act of #bjae2 and  7#b7 in       
subparagraph 7,b77i71 by striking the   
energy1 shipping1 or shipbuilding       
sectors and inserting a strategic sector
 7as defined in section #abdd7;c77#d774 
7g7 ,conforming amendments ,section     
#abdd of the ,iran ,freedom and         
,counter-,proliferation ,act of #bjab   
7#bb ,u4,s4,c4 #hhjc71 as amended by    
subsections 7a71 7b71 7c71 and 7d71 is  
further amended--  7#a7 in the section  
heading1 by striking the energy1        
shipping1 and shipbuilding and inserting
 certain ports1 economic zones1 and2    
7#b7 in subsection 7b71 in the          
subsection heading1 by striking ports   
and entities in the energy1 shipping1   
and shipbuilding sectors of ,iran as2   

7#c7 in subsection 7c71 in the          
subsection heading1 by striking entities
 in energy1 shipping1 and shipbuilding  
sectors and inserting certain entities2 
and  7#d7 in subsection 7d71 in the     
subsection heading1 by striking the     
energy1 shipping1 and shipbuilding and  
inserting strategic4  #bjh4 ,waiver of  
sanctions ,the ,president may waive the 
application of any sanction pursuant to 
a provision of or amendment made by this
 title for a #cj-;day period1 and may   
renew the waiver for additional #cj-;day
 periods1 if the ,president1 before the 
waiver or renewal1 as the case may be1  
takes effect--  7#a7 certifies to the   
appropriate congressional committees    
that-- 7,a7 the waiver or renewal1 as   
the case may be1 is in the national     
security interest of the ,united        
,states2  7,b7 the waiver or renewal1 as
 the case may be1 is necessary to and   
likely to result in achieving a         
long-term comprehensive solution with   
,iran2 and  7,c7 ,iran is not making    

further progress on its nuclear weapons 
program and is in compliance with all   
interim agreements with respect to that 
program2 and  7#b7 submits to the       
appropriate congressional committees a  
comprehensive report on the status of   
the negotiations toward a long-term     
comprehensive solution that includes an 
assessment of the likelihood of reaching
 that solution and the time frame       
anticipated for achieving that solution4
  ,,iii ,general provisions  #cja4      
,exception for ,afghanistan             
reconstruction ,the ,president may      
provide for an exception from the       
imposition of sanctions under the       
provisions of or amendments made by this
 ,act for reconstruction assistance or  
economic development for ,afghanistan-- 
7#a7 to the extent that the ,president  
determines that such an exception is in 
the national interest of the ,united    
,states2 and  7#b7 if1 not later than   
#ae days before issuing the exception1  
the ,president submits a notification of

 and justification for the exception to 
the appropriate congressional           
committees4  #cjb4 ,exception for import
 restrictions  7a7 ,in general ,nothing 
in this ,act or any amendment made by   
this ,act authorizes or requires the    
,president to impose sanctions relating 
to the importation of goods4  7b7 ,good 
defined ,in this section1 the term good 
has the meaning given that term in      
section #af of the ,export              
,administration ,act of #aigi 7#ej      
,u4,s4,c4 ,app4 #bdae7 7as continued in 
effect pursuant to the ,international   
,emergency ,economic ,powers ,act 7#ej  
,u4,s4,c4 #agja et seq4774  #cjc4       
,applicability to certain intelligence  
activities ,nothing in this ,act or any 
amendment made by this ,act shall apply 
to the authorized intelligence          
activities of the ,united ,states4      
#cjd4 ,applicability to certain natural 
gas projects ,nothing in this ,act or   
any amendment made by this ,act shall be
 construed to apply with respect to any 

activity relating to a project described
 in subsection 7a7 of section #fjc of   
the ,iran ,threat ,reduction and ,syria 
,human ,rights ,act of #bjab 7#bb       
,u4,s4,c4 #hghc7 to which the exception 
under that section applies at the time  
of the activity4  #cje4 ,rule of        
construction with respect to the use of 
force against ,iran ,nothing in this    
,act or any amendment made by this ,act 
shall be construed as a declaration of  
war or an authorization of the use of   
force against ,iran4  #cjf4 ,sense of   
,congress on increased staffing for     
agencies involved in the implementation 
and enforcement of sanctions against    
,iran ,it is the sense of ,congress     
that-- 7#a7 when the ,president submits 
the ,president's budget for fiscal year 
#bjaf to ,congress under section        
#aaje7;a7 of title #ca1 ,united ,states 
,code1 the ,president should1 in that   
budget1 prioritize--  7,a7 resources for
 the ,office of ,foreign ,assets        
,control for the ,department of         

,treasury dedicated to the              
implementation and enforcement of       
sanctions with respect to ,iran2 and    
7,b7 resources for the ,department of   
,state dedicated to the implementation  
and enforcement of sanctions with       
respect to ,iran2 and  7#b7 the         
appropriate committees of the ,senate   
and the ,house of ,representatives      
should prioritize the resources         
described in subparagraphs 7,a7 and 7,b7
 of paragraph 7#a7 during consideration 
of authorization and appropriations     
legislation in future fiscal years4     
,march #ah1 #bjae,read twice and placed 
on the calendar