,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #cbjc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #ab1 #bjag,mr4  
,engel 7= himself1 ,ms4 ,pelosi1 & ,mr4 
,hoy]7 introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,=eign        
,affairs1 & 9 addition to ! ,committees 
on ,intellig5ce1 ,arm$ ,s]vices1 !      
,judici>y1 ,ov]sight & ,gov]nm5t ,re=m1 
,f9ancial ,s]vices1 ,rules1 & ,ways &   
,means1 = 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 provide congressional      
review & to c\nt] ,iranian & ,russian   
gov]nm5ts' aggression4  #a4 ,%ort title2
 table ( cont5ts  7a7 ,%ort title ,?is  
,act may be cit$ z ! ,c\nt]+ ,iran's    
,de/abiliz+ ,activities ,act ( #bjag4   
7b7 ,table ( cont5ts ,! table ( cont5ts 
= ?is ,act is z foll[s3  ,sec4 #a4 ,%ort
 title2 table ( cont5ts4 ,sec4 #b4      
,def9itions4 ,sec4 #c4 ,regional /rategy
 = c\nt]+ conv5tional & asymmetric      

,iranian ?reats 9 ! ,middle ,ea/ & ,nor?
 ,africa4 ,sec4 #d4 ,imposition (       
additional sanctions 9 response to      
,iran's balli/ic missile program4 ,sec4 
#e4 ,imposition ( t]rorism-relat$       
sanctions ) respect to ! ,,irgc4 ,sec4  
#f4 ,imposition ( additional sanctions )
 respect to p]sons responsible = human  
rights abuses4 ,sec4 #g4 ,en=cem5t (    
arms emb>gos4 ,sec4 #h4 ,review (       
applicability ( sanctions relat+ to     
,iran's support = t]rorism & its        
balli/ic missile program4 ,sec4 #i4     
,report on coord9ation ( sanctions      
betwe5 ! ,unit$ ,/ates & ! ,european    
,union4 ,sec4 #aj4 ,report on ,unit$    
,/ates citiz5s deta9$ by ,iran4 ,sec4   
#aa4 ,exceptions = national security &  
humanit>ian assi/ance2 rule (           
con/ruction4 ,sec4 #ab4 ,presid5tial    
waiv] au?ority4  ,,title                
,,ii--,sanctions ) respect to ! ,russian
 ,f$]ation & combat+ t]rorism & illicit 
f9anc+ ,sec4 #bja4 ,%ort title4         
,subtitle ,a--,sanctions & o!r measures 

) respect to ! ,russian ,f$]ation ,sec4 
#baa4 ,f9d+s4 ,sec4 #bab4 ,s5se (       
,congress4 ,,"p ,i--,congressional      
review ( sanctions impos$ ) respect to !
 ,russian ,f$]ation ,sec4 #bae4 ,%ort   
title4 ,sec4 #baf4 ,congressional review
 ( c]ta9 actions relat+ to sanctions    
impos$ ) respect to ! ,russian          
,f$]ation4 ,,"p ,,ii--,sanctions )      
respect to ! ,russian ,f$]ation ,sec4   
#bba4 ,def9itions4 ,sec4 #bbb4          
,codification ( sanctions relat+ to !   
,russian ,f$]ation4 ,sec4 #bbc4         
,modification ( implem5tation (         
,executive ,ord] #acffb4 ,sec4 #bbd4    
,imposition ( sanctions ) respect to    
activities ( ! ,russian ,f$]ation       
und]m9+ cyb]security4 ,sec4 #bbe4       
,imposition ( sanctions relat+ to       
special ,russian crude oil projects4    
,sec4 #bbf4 ,imposition ( sanctions )   
respect to ,russian & o!r =eign f9ancial
 in/itutions4 ,sec4 #bbg4 ,m&atory      
imposition ( sanctions ) respect to     
significant corruption 9 ! ,russian     

,f$]ation4 ,sec4 #bbh4 ,m&atory         
imposition ( sanctions ) respect to     
c]ta9 transactions ) =eign sanctions    
evad]s & s]i\s human rights abus]s 9 !  
,russian ,f$]ation4 ,sec4 #bbi4         
,notifications to ,congress "u ,ukra9e  
,fre$om ,support ,act ( #bjad4 ,sec4    
#bcj4 ,/&>ds = t]m9ation ( c]ta9        
sanctions ) respect to ! ,russian       
,f$]ation4 ,sec4 #bca4 ,imposition (    
sanctions ) respect to p]sons engag+ 9  
transactions ) ! intellig5ce or def5se  
sectors ( ! ,gov]nm5t ( ! ,russian      
,f$]ation4 ,sec4 #bcb4 ,sanctions )     
respect to ! developm5t ( pipel9es 9 !  
,russian ,f$]ation4 ,sec4 #bcc4         
,sanctions ) respect to inve/m5t 9 or   
facilitation ( privatization ( /ate-own$
 assets by ! ,russian ,f$]ation4 ,sec4  
#bcd4 ,sanctions ) respect to ! transf] 
( arms & relat$ mat]iel to ,syria4 ,sec4
 #bce4 ,sanctions describ$4 ,sec4 #bcf4 
,exceptions1 waiv]1 & t]m9ation4 ,sec4  
#bcg4 ,exception relat+ to activities ( 
! ,national ,a]onautics & ,space        

,adm9i/ration4 ,sec4 #bch4 ,rule (      
con/ruction4 ,,"p ,,iii--,reports ,sec4 
#bda4 ,report on olig>*s & p>a/atal     
entities ( ! ,russian ,f$]ation4 ,sec4  
#bdb4 ,report on effects ( exp&+        
sanctions to include sov]eign debt &    
d]ivative products4 ,sec4 #bdc4 ,report 
on illicit f9ance relat+ to ! ,russian  
,f$]ation4 ,subtitle ,b--,c\nt]+        
,russian influ5ce 9 ,europe & ,eurasia  
,sec4 #bea4 ,f9d+s4 ,sec4 #beb4 ,s5se ( 
,congress4 ,sec4 #bec4 ,/atem5t (       
policy4 ,sec4 #bed4 ,coord9at+ aid &    
assi/ance across ,europe & ,eurasia4    
,sec4 #bee4 ,report on m$ia             
organizations controll$ & fund$ by !    
,gov]nm5t ( ! ,russian ,f$]ation4 ,sec4 
#bef4 ,report on ,russian ,f$]ation     
influ5ce on elections 9 ,europe &       
,eurasia4 ,sec4 #beg4 ,ukranian en]gy   
security4 ,sec4 #beh4 ,t]m9ation4 ,sec4 
#bei4 ,appropriate congressional        
committees def9$4 ,subtitle ,c--,combat+
 t]rorism & illicit f9anc+ ,,"p         
,i--,national /rategy = combat+ t]rori/ 

& o!r illicit f9anc+ ,sec4 #bfa4        
,developm5t ( national /rategy4 ,sec4   
#bfb4 ,cont5ts ( national /rategy4 ,,"p 
,,ii--,enhanc+ antit]rorism tools ( !   
,dep>tm5t ( ! ,treasury ,sec4 #bga4     
,improv+ antit]ror f9ance monitor+ (    
funds transf]s4 ,sec4 #bgb4 ,s5se (     
,congress on int]national coop]ation    
reg>d+ t]rori/ f9anc+ intellig5ce4 ,sec4
 #bgc4 ,exam9+ ! c\nt]-t]ror f9anc+ role
 ( ! ,dep>tm5t ( ! ,treasury 9          
embassies4 ,sec4 #bgd4 ,inclusion (     
,secret>y ( ! ,treasury on ! ,national  
,security ,c\ncil4 ,sec4 #bge4          
,inclusion ( all funds4 ,,"p            
,,iii--,def9itions ,sec4 #bha4          
,def9itions4 ,subtitle ,d--,rule (      
con/ruction ,sec4 #bia4 ,rule (         
con/ruction4 ,sec4 #bib4 ,s5se ( ,s5ate 
on ! /rategic importance ( ,article #e (
 ! ,nor? ,atlantic ,treaty4  #b4        
,def9itions ,9 ?is ,act3 7#a7 ,act (    
int]national t]rorism ,! t]m act (      
int]national t]rorism has ! mean+ giv5 t
 t]m 9 section #ad ( ! ,iran ,sanctions 

,act ( #aiif 7,public ,law #ajd-agb2 #ej
 ,u4,s4,c4 #agja note74  7#b7           
,appropriate congressional committees ,!
 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  7#c7 ,=eign     
p]son ,! t]m =eign p]son means a p]son t
 is n a ,unit$ ,/ates p]son4  7#d7      
,iranian p]son ,! t]m ,iranian p]son    
means--  7,a7 an individual :o is a     
citiz5 or national ( ,iran2 or  7,b7 an 
entity organiz$ "u ! laws ( ,iran or    
o!rwise subject to ! jurisdiction ( !   
,gov]nm5t ( ,iran4  7#e7 ,,irgc ,! t]m  
,,irgc means ,iran's ,islamic           
,revolution>y ,gu>d ,corps4  7#f7       
,kn[+ly ,! t]m kn[+ly has ! mean+ giv5 t
 t]m 9 section #ad ( ! ,iran ,sanctions 
,act ( #aiif 7,public ,law #ajd-agb2 #ej
 ,u4,s4,c4 #agja note74  7#g7 ,unit$    
/ates p]son ,! t]m ,unit$ ,/ates p]son  
means-- 7,a7 a ,unit$ ,/ates citiz5 or  
an ali5 lawfully admitt$ = p]man5t      

resid5ce to ! ,unit$ ,/ates2 or  7,b7 an
 entity organiz$ "u ! laws ( ! ,unit$   
,/ates or ( any jurisdiction )9 ! ,unit$
 ,/ates1 includ+ a =eign bran* ( su* an 
entity4  #c4 ,regional /rategy = c\nt]+ 
conv5tional & asymmetric ,iranian ?reats
 9 ! ,middle ,ea/ & ,nor? ,africa  7a7  
,9 g5]al ,n lat] ?an #ahj days aft] !   
date ( ! enactm5t ( ?is ,act1 & e #b    
ye>s !reaft]1 ! ,secret>y ( ,/ate1 !    
,secret>y ( ,def5se1 ! ,secret>y ( !    
,treasury1 & ! ,director ( ,national    
,intellig5ce %all jo9tly develop &      
submit to ! appropriate congressional   
committees a /rategy = det]r+           
conv5tional & asymmetric ,iranian       
activities & ?reats t directly ?reat5 ! 
,unit$ ,/ates & key allies 9 ! ,middle  
,ea/1 ,nor? ,africa1 & beyond4  7b7     
,elem5ts ,! /rategy requir$ by          
subsection 7a7 %all include at a m9imum 
! foll[+3 7#a7 ,a summ>y ( ! ne>- &     
long-t]m ,unit$ ,/ates objectives1      
plans1 & means = c\nt]+ ,iran's         
de/abiliz+ activities1 includ+          

id5tification ( c\ntries t %>e !        
objective ( c\nt]+ ,iran's de/abiliz+   
activities4  7#b7 ,a summ>y ( !         
capabilities & contributions (          
individual c\ntries to %>$ ef=ts to     
c\nt] ,iran's de/abiliz+ activities1 & a
 summ>y ( additional actions or         
contributions t ea* c\ntry c\ld take to 
fur!r contribute4  7#c7 ,an assessm5t ( 
,iran's conv5tional =ce capabilities &  
an assessm5t ( ,iran's plans to upgrade 
its conv5tional =ce capabilities1       
includ+ its acquisition1 developm5t1 &  
deploym5t ( balli/ic & cruise missile   
capabilities1 unmann$ a]ial vehicles1 & 
m>itime (f5sive & anti-access or area   
d5ial capabilities4  7#d7 ,an assessm5t 
( ,iran's *emical & biological weapons  
capabilities & an assessm5t ( ,iranian  
plans to upgrade its *emical or         
biological weapons capabilities4  7#e7  
,an assessm5t ( ,iran's asymmetric      
activities 9 ! region1 includ+-- 7,a7 ! 
size1 capabilities1 & activities ( !    
,,irgc1 includ+ ! ,quds ,=ce2  7,b7 !   

size1 capabilities1 & activities (      
,iran's cyb] op]ations2  7,c7 ! types & 
am\nt ( support1 includ+ fund+1 le?al & 
nonle?al contributions1 & tra9+1 provid$
 to ,hezbollah1 ,hamas1 special gr\ps 9 
,iraq1 ! regime ( ,ba%> al-,assad 9     
,syria1 ,h\?i fight]s 9 ,yem51 & o!r    
viol5t gr\ps across ! ,middle ,ea/2 &   
7,d7 ! scope & objectives ( ,iran's     
in=mation op]ations & use ( propag&a4   
7#f7 ,a summ>y ( ,unit$ ,/ates actions1 
unilat]ally & 9 coop]ation ) =eign      
gov]nm5ts1 to c\nt] de/abiliz+ ,iranian 
activities1 includ+--  7,a7 int]diction 
( ,iranian le?al arms b\nd = gr\ps      
designat$ z =eign t]rori/ organizations 
"u section #bai ( ! ,immigration &      
,nationality ,act 7#h ,u4,s4,c4 #aahi72 
7,b7 ,iran's int]f]5ce 9 int]national   
comm]cial %ipp+ lanes2  7,c7 attempts by
 ,iran to und]m9e or subv]t             
int]nationally recogniz$ gov]nm5ts 9 !  
,middle ,ea/ region2 &  7,d7 ,iran's    
support = ! regime ( ,ba%> al-,assad 9  
,syria1 includ+-- 7i7 f9ancial          

assi/ance1 milit>y equipm5t & p]sonnel1 
& o!r support provid$ to t regime2 &    
7ii7 support & direction to o!r arm$    
actors t are n ,syrian or ,iranian & are
 act+ on behalf ( t regime4  7c7 ,=m (  
/rategy ,! /rategy requir$ by subsection
 7a7 %all be submitt$ 9 unclassifi$ =m b
 may include a classifi$ annex4  #d4    
,imposition ( additional sanctions 9    
response to ,iran's balli/ic missile    
program  7a7 ,s5se ( ,congress ,x is !  
s5se ( ,congress t ! ,secret>y ( !      
,treasury & ! ,secret>y ( ,/ate %\ld    
cont9ue to implem5t ,executive ,ord]    
#acchb 7#ej ,u4,s4,c4 #agja note2 relat+
 to block+ prop]ty ( weapons ( mass     
de/ruction deliv]y sy/em prolif]ators & 
_! support]s74  7b7 ,imposition (       
sanctions ,! ,presid5t %all impose !    
sanctions describ$ 9 subsection 7c7 )   
respect to any p]son t ! ,presid5t      
det]m9es1 on or aft] ! date ( ! enactm5t
 ( ?is ,act--  7#a7 kn[+ly engages 9 any
 activity t mat]ially contributes to !  
activities ( ! ,gov]nm5t ( ,iran )      

respect to its balli/ic missile program1
 or any o!r program 9 ,iran = develop+1 
deploy+1 or ma9ta9+ sy/ems capable (    
deliv]+ weapons ( mass de/ruction1      
includ+ any ef=ts to manufacture1       
acquire1 possess1 develop1 transport1   
transf]1 or use su* capabilities2  7#b7 
is a successor entity to a p]son ref]r$ 
to 9 p>agraph 7#a72  7#c7 owns or       
controls or is own$ or controll$ by a   
p]son ref]r$ to 9 p>agraph 7#a72  7#d7  
=ms an entity ) ! purpose ( evad+       
sanctions t w\ld o!rwise be impos$      
pursuant to p>agraph 7#c72  7#e7 is act+
 = or on behalf ( a p]son ref]r$ to 9   
p>agraph 7#a71 7#b71 7#c71 or 7#d72 or  
7#f7 kn[+ly provides or attempts to     
provide f9ancial1 mat]ial1 te*nological1
 or o!r support =1 or goods or s]vices 9
 support (1 a p]son ref]r$ to 9 p>agraph
 7#a71 7#b71 7#c71 7#d7 or 7#e74  7c7   
,sanctions describ$ ,! sanctions        
describ$ 9 ?is subsection are ! foll[+3 
7#a7 ,block+ ( prop]ty ,! ,presid5t %all
 block1 9 accordance ) ! ,int]national  

,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agja et seq471 all           
transactions 9 all prop]ty & int]e/s 9  
prop]ty ( any p]son subject to          
subsection 7b7 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 ,exclusion f unit$ /ates ,!
 ,secret>y ( ,/ate %all d5y a visa to1 &
 ! ,secret>y ( ,homel& ,security %all   
exclude f ! ,unit$ ,/ates1 any p]son    
subject to subsection 7b7 t is an ali54 
7d7 ,p5alties ,a p]son t violates1      
attempts to violate1 conspires to       
violate1 or causes a violation (        
subsection 7c77#a7 or any regulation1   
lic5se1 or ord] issu$ to c>ry out t     
subsection %all be subject to ! p5alties
 set =? 9 subsections 7b7 & 7c7 (       
section #bjf ( ! ,int]national ,em]g5cy 
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agje7 to ! same ext5t z a p]son t      
commits an unlawful act describ$ 9      
subsection 7a7 ( t section4  7e7 ,report

 on contributions to ,iran's balli/ic   
missile program  7#a7 ,9 g5]al ,n lat]  
?an #ahj days aft] ! date ( ! enactm5t (
 ?is ,act1 & e #ahj days !reaft]1 !     
,presid5t %all submit to ! appropriate  
congressional committees a report       
describ+ ea* p]son t--  7,a7 has1 dur+ !
 p]iod specifi$ 9 p>agraph 7#b71        
conduct$ any activity t has mat]ially   
contribut$ to ! activities ( ! ,gov]nm5t
 ( ,iran ) respect to its balli/ic      
missile program1 or any o!r program 9   
,iran = develop+1 deploy+1 or ma9ta9+   
sy/ems capable ( deliv]+ weapons ( mass 
de/ruction1 includ+ any ef=ts to        
manufacture1 acquire1 possess1 develop1 
transport1 transf]1 or use su*          
capabilities2  7,b7 is a successor      
entity to a p]son ref]r$ to 9           
subp>agraph 7,a72  7,c7 owns or controls
 or is own$ or controll$ by a p]son     
ref]r$ to 9 subp>agraph 7,a72  7,d7 =ms 
an entity ) ! purpose ( evad+ sanctions 
t c\ld be impos$ z a result ( a         
relation%ip describ$ 9 subp>agraph 7,c72

  7,e7 is act+ = or on behalf ( a p]son 
ref]r$ to 9 subp>agraph 7,a71 7,b71     
7,c71 or 7,d72 or  7,f7 is kn[n or      
believ$ to h provid$1 or attempt$ to    
provide1 dur+ ! p]iod specifi$ 9        
p>agraph 7#b71 f9ancial1 mat]ial1       
te*nological1 or o!r support =1 or goods
 or s]vices 9 support (1 any mat]ial    
contribution to a program describ$ 9    
subp>agraph 7,a7 c>ri$ out by a p]son   
describ$ 9 subp>agraph 7,a71 7,b71 7,c71
 7,d71 or 7,e74  7#b7 ,p]iod specifi$ ,!
 p]iod specifi$ 9 ?is p>agraph is-- 7,a7
 9 ! case ( ! fir/ report submitt$ "u   
p>agraph 7#a71 ! p]iod beg9n+ ,janu>y   
#a1 #bjaf1 & end+ on ! date ! report is 
submitt$2 &  7,b7 9 ! case ( a subsequ5t
 su* report1 ! #ahj-;day p]iod prec$+ ! 
submission ( ! report4  7#c7 ,=m (      
report ,ea* report requir$ by p>agraph  
7#a7 %all be submitt$ 9 unclassifi$ =m b
 may include a classifi$ annex4  #e4    
,imposition ( t]rorism-relat$ sanctions 
) respect to ! ,,irgc  7a7 ,f9d+s       
,congress makes ! foll[+ f9d+s3 7#a7 ,! 

,,irgc is subject to sanctions pursuant 
to ,executive ,ord] #acchb 7#ej         
,u4,s4,c4 #agja note2 relat+ to block+  
prop]ty ( weapons ( mass de/ruction     
deliv]y sy/em prolif]ators & _!         
support]s71 ! ,compreh5sive ,iran       
,sanctions1 ,acc\ntability1 & ,dive/m5t 
,act ( #bjaj 7#bb ,u4,s4,c4 #heja et    
seq471 ,executive ,ord] #aceec 7#ej     
,u4,s4,c4 #agja note2 relat+ to block+  
prop]ty ( c]ta9 p]sons ) respect to     
s]i\s human rights abuses by ! ,gov]nm5t
 ( ,iran71 & ,executive ,ord] #acfjf    
7#ej ,u4,s4,c4 #agja note2 relat+ to    
block+ ! prop]ty & susp5d+ entry into ! 
,unit$ ,/ates ( c]ta9 p]sons ) respect  
to grave human rights abuses by !       
,gov]nm5ts ( ,iran & ,syria via         
in=mation te*nology74  7#b7 ,! ,iranian 
,revolution>y ,gu>d ,corps-,quds ,=ce 79
 ?is section ref]r$ to z ! ,,irgc-,,qf7 
is ! prim>y arm ( ! ,gov]nm5t ( ,iran = 
execut+ its policy ( support+ t]rori/ & 
insurg5t gr\ps4 ,! ,,irgc-,,qf provides 
mat]ial1 logi/ical assi/ance1 tra9+1 &  

f9ancial support to militants & t]rori/ 
op]atives ?r\gh\t ! ,middle ,ea/ & ,s\? 
,asia & 0 designat$ = ! imposition (    
sanctions by ! ,secret>y ( ,treasury    
pursuant to ,executive ,ord] #acbbd 7#ej
 ,u4,s4,c4 #agja note2 relat+ to block+ 
prop]ty & prohibit+ transactions )      
p]sons :o commit1 ?reat5 to commit1 or  
support t]rorism7 9 ,octob] #bjjg = its 
support ( t]rorism4  7#c7 ,! ,,irgc1 n j
 ! ,,irgc-,,qf1 is responsible =        
implem5t+ ,iran's int]national program (
 de/abiliz+ activities1 support = acts (
 int]national t]rorism1 & balli/ic      
missile program4  7b7 ,9 g5]al ,beg9n+  
on ! date t is #ij days aft] ! date ( ! 
enactm5t ( ?is ,act1 ! ,presid5t %all   
impose ! sanctions describ$ 9 subsection
 7c7 ) respect to ! ,,irgc & =eign      
p]sons t are (ficials1 ag5ts1 or        
affiliates ( ! ,,irgc4  7c7 ,sanctions  
describ$ ,! sanctions describ$ 9 ?is    
subsection are sanctions applicable )   
respect to a =eign p]son pursuant to    
,executive ,ord] #acbbd 7#ej ,u4,s4,c4  

#agja note2 relat+ to block+ prop]ty &  
prohibit+ transactions ) p]sons :o      
commit1 ?reat5 to commit1 or support    
t]rorism74  #f4 ,imposition ( additional
 sanctions ) respect to p]sons          
responsible = human rights abuses  7a7  
,9 g5]al ,n lat] ?an #ij days aft] !    
date ( ! enactm5t ( ?is ,act1 & annually
 !reaft]1 ! ,secret>y ( ,/ate %all      
submit to ! appropriate congressional   
committees a li/ ( ea* p]son ! ,secret>y
 det]m9es1 bas$ on cr$ible evid5ce1 on  
or aft] ! date ( ! enactm5t ( ?is ,act--
  7#a7 is responsible = extrajudicial   
kill+s1 torture1 or o!r gross violations
 ( int]nationally recogniz$ human rights
 committ$ aga9/ individuals 9 ,iran :o  
seek--  7,a7 to expose illegal activity 
c>ri$ out by (ficials ( ! ,gov]nm5t (   
,iran2 or  7,b7 to obta91 ex]cise1      
def5d1 or promote int]nationally        
recogniz$ human rights & fre$oms1 su* z 
! fre$oms ( religion1 expression1       
association1 & assembly1 & ! rights to a
 fair trial & democratic elections2 or  

7#b7 acts z an ag5t ( or on behalf ( a  
=eign p]son 9 a matt] relat+ to an      
activity describ$ 9 p>agraph 7#a74  7b7 
,sanctions describ$  7#a7 ,9 g5]al ,!   
,presid5t may1 9 accordance ) !         
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq471     
block all transactions 9 all prop]ty &  
int]e/s 9 prop]ty ( a p]son on ! li/    
requir$ by subsection 7a7 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 ,p5alties ,a 
p]son t violates1 attempts to violate1  
conspires to violate1 or causes a       
violation ( p>agraph 7#a7 or any        
regulation1 lic5se1 or ord] issu$ to    
c>ry out p>agraph 7#a7 %all be subject  
to ! p5alties set =? 9 subsections 7b7 &
 7c7 ( section #bjf ( ! ,int]national   
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agje7 to ! same ext5t z a    
p]son t commits an unlawful act describ$
 9 subsection 7a7 ( t section4  #g4     

,en=cem5t ( arms emb>gos  7a7 ,9 g5]al  
,except z provid$ 9 subsection 7d71 !   
,presid5t %all impose ! sanctions       
describ$ 9 subsection 7b7 ) respect to  
any p]son t ! ,presid5t det]m9es--  7#a7
 kn[+ly engages 9 any activity t        
mat]ially contributes to ! supply1 sale1
 or transf] directly or indirectly to or
 f ,iran1 or = ! use 9 or b5efit (      
,iran1 ( any battle tanks1 armor$ combat
 vehicles1 l>ge calib] artill]y sy/ems1 
combat aircraft1 attack helicopt]s1     
w>%ips1 missiles or missile sy/ems1 z   
def9$ = ! purpose ( ! ,unit$ ,nations   
,regi/] ( ,conv5tional ,arms1 or relat$ 
mat]iel1 includ+ sp>e p>ts2 or  7#b7    
kn[+ly provides to ,iran any te*nical   
tra9+1 f9ancial res\rces or s]vices1    
advice1 o!r s]vices or assi/ance relat$ 
to ! supply1 sale1 transf]1 manufacture1
 ma9t5ance1 or use ( arms & relat$      
mat]iel describ$ 9 p>agraph 7#a74  7b7  
,sanctions describ$  7#a7 ,block+ (     
prop]ty ,! ,presid5t %all block1 9      
accordance ) ! ,int]national ,em]g5cy   

,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja et seq471 all transactions 9 all  
prop]ty & int]e/s 9 prop]ty ( any p]son 
subject to subsection 7a7 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 ,exclusion f 
unit$ /ates ,! ,secret>y ( ,/ate %all   
d5y a visa to1 & ! ,secret>y ( ,homel&  
,security %all exclude f ! ,unit$       
,/ates1 any p]son subject to subsection 
7a7 t is an ali54  7c7 ,p5alties ,a     
p]son t violates1 attempts to violate1  
conspires to violate1 or causes a       
violation ( subsection 7b77#a7 or any   
regulation1 lic5se1 or ord] issu$ to    
c>ry out t subsection %all be subject to
 ! p5alties set =? 9 subsections 7b7 &  
7c7 ( section #bjf ( ! ,int]national    
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agje7 to ! same ext5t z a    
p]son t commits an unlawful act describ$
 9 subsection 7a7 ( t section4  7d7     
,exception ,! ,presid5t is n requir$ to 

impose sanctions "u subsection 7a7 )    
respect to a p]son = engag+ 9 an        
activity describ$ 9 t subsection if !   
,presid5t c]tifies to ! appropriate     
congressional committees t--  7#a7      
p]mitt+ ! activity is 9 ! national      
security int]e/ ( ! ,unit$ ,/ates2  7#b7
 ,iran no long] pres5ts a significant   
?reat to ! national security ( ! ,unit$ 
,/ates & to ! allies ( ! ,unit$ ,/ates2 
&  7#c7 ! ,gov]nm5t ( ,iran has ceas$   
provid+ op]ational or f9ancial support =
 acts ( int]national t]rorism & no long]
 satisfies ! requirem5ts = designation z
 a /ate sponsor ( t]rorism4  7e7 ,/ate  
sponsor ( t]rorism def9$ ,9 ?is section1
 ! t]m /ate sponsor ( t]rorism means a  
c\ntry ! gov]nm5t ( :i* ! ,secret>y (   
,/ate has det]m9$ to be a gov]nm5t t has
 repeat$ly provid$ support = acts (     
int]national t]rorism = purposes (--    
7#a7 section #f7;j77#a77;,a7 ( ! ,export
 ,adm9i/ration ,act ( #aigi 7#ej        
,u4,s4,c4 #dfje7;j77#a77;,a77 7z cont9u$
 9 effect pursuant to ! ,int]national   

,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agja et seq4772  7#b7 section
 #fbj;,a7a7 ( ! ,=eign ,assi/ance ,act (
 #aifa 7#bb ,u4,s4,c4 #bcga7;a772  7#c7 
section #dj7;d7 ( ! ,arms ,export       
,control ,act 7#bb ,u4,s4,c4 #bghj7;d772
 or  7#d7 any o!r provision ( law4  #h4 
,review ( applicability ( sanctions     
relat+ to ,iran's support = t]rorism &  
its balli/ic missile program  7a7 ,9    
g5]al ,n lat] ?an #e ye>s aft] ! date ( 
! enactm5t ( ?is ,act1 ! ,presid5t %all 
conduct a review ( all p]sons on ! li/ (
 specially designat$ nationals & block$ 
p]sons ma9ta9$ by ! ,(fice ( ,=eign     
,assets ,control ( ! ,dep>tm5t ( !      
,treasury = activities relat+ to ,iran--
  7#a7 to assess ! conduct ( su* p]sons 
z t conduct relates to-- 7,a7 any       
activity t mat]ially contributes to !   
activities ( ! ,gov]nm5t ( ,iran )      
respect to its balli/ic missile program2
 or  7,b7 support by ! ,gov]nm5t ( ,iran
 = acts ( int]national t]rorism2 &  7#b7
 to det]m9e ! applicability ( sanctions 

) respect to su* p]sons "u--  7,a7      
,executive ,ord] #acchb 7#ej ,u4,s4,c4  
#agja note2 relat+ to block+ prop]ty (  
weapons ( mass de/ruction deliv]y sy/em 
prolif]ators & _! support]s72 or  7,b7  
,executive ,ord] #acbbd 7#ej ,u4,s4,c4  
#agja note2 relat+ to block+ prop]ty &  
prohibit+ transactions ) p]sons :o      
commit1 ?reat5 to commit1 or support    
t]rorism74  7b7 ,implem5tation (        
sanctions ,if ! ,presid5t det]m9es "u   
subsection 7a7 t sanctions "u an        
,executive ,ord] specifi$ 9 p>agraph    
7#b7 ( t subsection are applicable )    
respect to a p]son1 ! ,presid5t %all--  
7#a7 impose sanctions ) respect to t    
p]son pursuant to t ,executive ,ord]2 or
  7#b7 ex]cise ! waiv] au?ority provid$ 
"u section #ab4  #i4 ,report on         
coord9ation ( sanctions betwe5 ! ,unit$ 
,/ates & ! ,european ,union  7a7 ,9     
g5]al ,n lat] ?an #ahj days aft] ! date 
( ! enactm5t ( ?is ,act1 & e #ahj days  
!reaft]1 ! ,presid5t %all submit to !   
appropriate congressional committees a  

report t includes ! foll[+3  7#a7 ,a    
description ( ea* in/ance1 dur+ ! p]iod 
specifi$ 9 subsection 7b7-- 7,a7 9 :i* !
 ,unit$ ,/ates has impos$ sanctions )   
respect to a p]son = activity relat$ to 
! prolif]ation ( weapons ( mass         
de/ruction or deliv]y sy/ems = su*      
weapons to or by ,iran1 support = acts (
 int]national t]rorism by ,iran1 or     
human rights abuses 9 ,iran1 b 9 :i* !  
,european ,union has n impos$           
correspond+ sanctions2 &  7,b7 9 :i* !  
,european ,union has impos$ sanctions ) 
respect to a p]son = activity relat$ to 
! prolif]ation ( weapons ( mass         
de/ruction or deliv]y sy/ems = su*      
weapons to or by ,iran1 support = acts (
 int]national t]rorism by ,iran1 or     
human rights abuses 9 ,iran1 b 9 :i* !  
,unit$ ,/ates has n impos$ correspond+  
sanctions4  7#b7 ,an explanation = !    
reason = ea* discrepancy betwe5         
sanctions impos$ by ! ,european ,union &
 sanctions impos$ by ! ,unit$ ,/ates    
describ$ 9 subp>agraphs 7,a7 & 7,b7 (   

p>agraph 7#a74  7b7 ,p]iod specifi$ ,!  
p]iod specifi$ 9 ?is subsection is--    
7#a7 9 ! case ( ! fir/ report submitt$  
"u subsection 7a71 ! p]iod beg9n+ on !  
date ( ! enactm5t ( ?is ,act & end+ on !
 date ! report is submitt$2 &  7#b7 9 ! 
case ( a subsequ5t su* report1 !        
#ahj-;day p]iod prec$+ ! submission ( ! 
report4  7c7 ,=m ( report ,! report     
requir$ by subsection 7a7 %all be       
submitt$ 9 unclassifi$ =m b may include 
a classifi$ annex4  #aj4 ,report on     
,unit$ ,/ates citiz5s deta9$ by ,iran   
7a7 ,9 g5]al ,n lat] ?an #ij days aft] !
 date ( ! enactm5t ( ?is ,act1 & e #ahj 
days !reaft]1 ! ,presid5t %all submit to
 ! appropriate congressional committees 
a report on ,unit$ ,/ates citiz5s1      
includ+ ,unit$ ,/ates citiz5s :o are    
also citiz5s ( o!r c\ntries1 deta9$ by  
,iran or gr\ps support$ by ,iran t      
includes--  7#a7 in=mation reg>d+ any   
(ficials ( ! ,gov]nm5t ( ,iran involv$ 9
 any way 9 ! det5tions2 &  7#b7 a summ>y
 ( ef=ts ! ,unit$ ,/ates ,gov]nm5t has  

tak5 to secure ! swift release ( ^?     
,unit$ ,/ates citiz5s4  7b7 ,=m ( report
 ,! report requir$ by subsection 7a7    
%all be submitt$ 9 unclassifi$ =m1 b may
 include a classifi$ annex4  #aa4       
,exceptions = national security &       
humanit>ian assi/ance2 rule (           
con/ruction  7a7 ,9 g5]al ,! foll[+     
activities %all be exempt f sanctions "u
 sections #d1 #e1 #f1 & #g3 7#a7 ,any   
activity subject to ! report+           
requirem5ts "u title ,v ( ! ,national   
,security ,act ( #aidg 7#ej ,u4,s4,c4   
#cjia et seq471 or to any au?oriz$      
intellig5ce activities ( ! ,unit$       
,/ates4  7#b7 ,! admission ( an ali5 to 
! ,unit$ ,/ates if su* admission is     
necess>y to comply ) ,unit$ ,/ates      
obligations "u ! ,agreem5t betwe5 !     
,unit$ ,nations & ! ,unit$ ,/ates (     
,am]ica reg>d+ ! ,headqu>t]s ( ! ,unit$ 
,nations1 sign$ at ,lake ,success ,june 
#bf1 #aidg1 & ent]$ into =ce ,novemb]   
#ba1 #aidg1 or "u ! ,conv5tion on       
,consul> ,relations1 done at ,vi5na     

,april #bd1 #aifc1 & ent]$ into =ce ,m>*
 #ai1 #aifg1 or o!r applicable          
int]national obligations ( ! ,unit$     
,/ates4  7#c7 ,! conduct or facilitation
 ( a transaction = ! sale ( agricultural
 commodities1 food1 m$ic9e1 or m$ical   
devices to ,iran or = ! provision (     
humanit>ian assi/ance to ! p ( ,iran1   
includ+ engag+ 9 a f9ancial transaction 
relat+ to humanit>ian assi/ance or =    
humanit>ian purposes or transport+ goods
 or s]vices t are necess>y to c>ry out  
op]ations relat+ to humanit>ian         
assi/ance or humanit>ian purposes4  7b7 
,exception relat+ to importation ( goods
 ,a requirem5t or ! au?ority to block & 
prohibit all transactions 9 all prop]ty 
& int]e/s 9 prop]ty "u section #d1 #e1  
#f1 #g1 or #h %all n include ! au?ority 
to impose sanctions ) respect to !      
importation ( goods4  7c7 ,implem5tation
 ,except z provid$ 9 subsection 7b71 !  
,presid5t may ex]cise all au?orities    
provid$ "u sections #bjc & #bje ( !     
,int]national ,em]g5cy ,economic ,p[]s  

,act 7#ej ,u4,s4,c4 #agjb & #agjd7 to   
c>ry out ?is ,act4  7d7 ,rule (         
con/ruction ,no?+ 9 ?is ,act 7o!r ?an   
subsection 7b77 %all be con/ru$ to limit
 ! au?ority ( ! ,presid5t "u !          
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq474  7e7
 ,def9itions ,9 ?is section3 7#a7       
,agricultural commodity ,! t]m          
agricultural commodity has ! mean+ giv5 
t t]m 9 section #ajb ( ! ,agricultural  
,trade ,act ( #aigh 7#g ,u4,s4,c4       
#efjb74  7#b7 ,good ,! t]m good has !   
mean+ giv5 t t]m 9 section #af ( !      
,export ,adm9i/ration ,act ( #aigi 7#ej 
,u4,s4,c4 #dfah7 7z cont9u$ 9 effect    
pursuant to ! ,int]national ,em]g5cy    
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja et seq4774  7#c7 ,m$ical device ,!
 t]m m$ical device has ! mean+ giv5 !   
t]m device 9 section #bja ( ! ,f$]al    
,food1 ,drug1 & ,cosmetic ,act 7#ba     
,u4,s4,c4 #cba74  7#d7 ,m$ic9e ,! t]m   
m$ic9e has ! mean+ giv5 ! t]m drug 9    
section #bja ( ! ,f$]al ,food1 ,drug1 & 

,cosmetic ,act 7#ba ,u4,s4,c4 #cba74    
#ab4 ,presid5tial waiv] au?ority  7a7   
,case-by-,case waiv] au?ority  7#a7 ,9  
g5]al ,! ,presid5t may waive1 on a      
case-by-case basis & = a p]iod ( n m ?an
 #ahj days1 a requirem5t "u section #d1 
#e1 #f1 #g1 or #h to impose or ma9ta9   
sanctions ) respect to a p]son1 & may   
waive ! cont9u$ imposition ( su*        
sanctions1 n less ?an #cj days aft] !   
,presid5t det]m9es & reports to !       
appropriate congressional committees t x
 is vital to ! national security int]e/s
 ( ! ,unit$ ,/ates to waive su*         
sanctions4  7#b7 ,r5ewal ( waiv]s ,!    
,presid5t may1 on a case-by-case basis1 
r5ew a waiv] "u p>agraph 7#a7 = an      
additional p]iod ( n m ?an #ahj days if1
 n lat] ?an #ae days be=e t waiv]       
expires1 ! ,presid5t makes ! det]m9ation
 & submits to ! appropriate             
congressional committees a report       
describ$ 9 p>agraph 7#a74  7#c7         
,successive r5ewal ,! r5ewal au?ority   
provid$ "u p>agraph 7#b7 may be ex]cis$ 

= additional successive p]iods ( n m ?an
 #ahj days if ! ,presid5t foll[s !      
proc$ures set =? 9 p>agraph 7#b71 &     
submits ! report describ$ 9 p>agraph    
7#a71 = ea* su* r5ewal4  7b7 ,cont5ts ( 
waiv] reports ,ea* report submitt$ "u   
subsection 7a7 9 connection ) a waiv] ( 
sanctions "u section #d1 #e1 #f1 #g1 or 
#h ) respect to a p]son1 or ! r5ewal (  
su* a waiv]1 %all include--  7#a7 a     
specific & detail$ rationale = !        
det]m9ation t ! waiv] is vital to !     
national security int]e/s ( ! ,unit$    
,/ates2  7#b7 a description ( ! activity
 t result$ 9 ! p]son be+ subject to     
sanctions2  7#c7 an explanation ( any   
ef=ts made by ! ,unit$ ,/ates1 z        
applicable1 to secure ! coop]ation ( !  
gov]nm5t ) prim>y jurisdiction ov] !    
p]son or ! location :]e ! activity      
describ$ 9 p>agraph 7#b7 occurr$ 9      
t]m9at+ or1 z appropriate1 p5aliz+ !    
activity2 &  7#d7 an assessm5t ( !      
significance ( ! activity describ$ 9    
p>agraph 7#b7 9 contribut+ to ! ability 

( ,iran to ?reat5 ! int]e/s ( ! ,unit$  
,/ates or allies ( ! ,unit$ ,/ates1     
develop sy/ems capable ( deliv]+ weapons
 ( mass de/ruction1 support acts (      
int]national t]rorism1 or violate !     
human rights ( any p]son 9 ,iran4  7c7  
,effect ( report on waiv] ,if !         
,presid5t submits a report "u subsection
 7a7 9 connection ) a waiv] ( sanctions 
"u section #d1 #e1 #f1 #g1 or #h )      
respect to a p]son1 or ! r5ewal ( su* a 
waiv]1 ! ,presid5t %all n be requir$ to 
impose or ma9ta9 sanctions "u section   
#d1 #e1 #f1 #g1 or #h1 z applicable1 )  
respect to ! p]son describ$ 9 ! report  
dur+ ! #cj-;day p]iod ref]r$ to 9       
subsection 7a74  ,,ii ,sanctions )      
respect to ! ,russian ,f$]ation &       
combat+ t]rorism & illicit f9anc+  #bja4
 ,%ort title ,?is title may be cit$ z ! 
,c\nt]+ ,russian ,influ5ce 9 ,europe &  
,eurasia ,act ( #bjag4  ,a ,sanctions & 
o!r measures ) respect to ! ,russian    
,f$]ation  #baa4 ,f9d+s ,congress makes 
! foll[+ f9d+s3  7#a7 ,on ,m>* #f1      

#bjad1 ,presid5t ,b>ack ,obama issu$    
,executive ,ord] #acffj 7#gi ,f$4 ,reg4 
#acdic2 relat+ to block+ prop]ty ( c]ta9
 p]sons contribut+ to ! situation 9     
,ukra9e71 :i* au?orizes ! ,secret>y ( ! 
,treasury1 9 consultation ) ! ,secret>y 
( ,/ate1 to impose sanctions on ^?      
det]m9$ to be und]m9+ democratic        
processes & in/itutions 9 ,ukra9e or    
?reat5+ ! peace1 security1 /ability1    
sov]eignty1 & t]ritorial integrity (    
,ukra9e4 ,presid5t ,obama subsequ5tly   
issu$ ,executive ,ord] #acffa 7#gi ,f$4 
,reg4 #aeece2 relat+ to block+ prop]ty (
 additional p]sons contribut+ to !      
situation 9 ,ukra9e7 & ,executive ,ord] 
#acffb 7#gi ,f$4 ,reg4 #afafi2 relat+ to
 block+ prop]ty ( additional p]sons     
contribut+ to ! situation 9 ,ukra9e7 to 
exp& sanctions on c]ta9 p]sons          
contribut+ to ! situation 9 ,ukra9e4    
7#b7 ,on ,decemb] #ah1 #bjad1 ! ,ukra9e 
,fre$om ,support ,act ( #bjad 0 enact$  
7,public ,law #aac-bgb2 #bb ,u4,s4,c4   
#hiba et seq471 :i* includes provisions 

direct+ ! ,presid5t to impose sanctions 
on =eign p]sons t ! ,presid5t det]m9es  
to be entities own$ or controll$ by !   
,gov]nm5t ( ! ,russian ,f$]ation or     
nationals ( ! ,russian ,f$]ation t      
manufacture1 sell1 transf]1 or o!rwise  
provide c]ta9 def5se articles into      
,syria4  7#c7 ,on ,april #a1 #bjae1     
,presid5t ,obama issu$ ,executive ,ord] 
#acfid 7#hj ,f$4 ,reg4 #ahjgg2 relat+ to
 block+ ! prop]ty ( c]ta9 p]sons engag+ 
9 significant malici\s cyb]-enabl$      
activities71 :i* au?orizes ! ,secret>y (
 ! ,treasury1 9 consultation ) !        
,attorney ,g5]al & ! ,secret>y ( ,/ate1 
to impose sanctions on p]sons det]m9$ to
 be engag$ 9 malici\s cyb]-hack+4  7#d7 
,on ,july #bf1 #bjaf1 ,presid5t ,obama  
approv$ a ,presid5tial ,policy          
,directive on ,unit$ ,/ates ,cyb]       
,incid5t ,coord9ation1 :i* /ates1 c]ta9 
cyb] incid5ts t h significant impacts on
 an entity1 our national security1 or ! 
broad] economy require a unique approa* 
to response ef=ts4  7#e7 ,on ,decemb]   

#bi1 #bjaf1 ,presid5t ,obama issu$ an   
annex to ,executive ,ord] #acfid1 :i*   
au?oriz$ sanctions on ! foll[+ entities 
& individuals3  7,a7 ,! ,ma9            
,intellig5ce ,directorate 7also kn[n z  
,glavnoe ,razv$yvatel'noe ,upravl5ie or 
! ,,gru7 9 ,mosc[1 ,russian ,f$]ation4  
7,b7 ,! ,f$]al ,security ,s]vice 7also  
kn[n z ,f$]alnaya ,sluzhba ,bezopasno/i 
or ! ,,fsb7 9 ,mosc[1 ,russian          
,f$]ation4  7,c7 ,! ,special ,te*nology 
,c5t] 7also kn[n z ,,/lc1 ,ltd4 ,special
 ,te*nology ,c5t] ,/4 ,pet]sburg7 9 ,/4 
,pet]sburg1 ,russian ,f$]ation4  7,d7   
,zorsecurity 7also kn[n z ,esage ,lab7 9
 ,mosc[1 ,russian ,f$]ation4  7,e7 ,!   
autonom\s noncomm]cial organization kn[n
 z ! ,pr(essional ,association (        
,design]s ( ,data ,process+ ,sy/ems     
7also kn[n z ,,ano ,,po ,,ksi7 9 ,mosc[1
 ,russian ,f$]ation4  7,f7 ,igor        
,val5t9ovi* ,korobov4  7,g7 ,s]gey      
,aleks&rovi* ,gizunov4  7,h7 ,igor      
,olegovi* ,ko/yukov4  7,i7 ,vladimir    
,/epanovi* ,alexseyev4  7#f7 ,on ,janu>y

 #f1 #bjag1 an assessm5t ( ! ,unit$     
,/ates intellig5ce community entitl$1   
,assess+ ,russian ,activities &         
,int5tions 9 ,rec5t ,u4,s4 ,elections   
/at$1 ,russian ,presid5t ,vladimir ,put9
 ord]$ an influ5ce campaign 9 #bjaf aim$
 at ! ,unit$ ,/ates presid5tial         
election4 ,! assessm5t w>ns t ,mosc[ w  
apply lessons le>n$ f its ,put9-ord]$   
campaign aim$ at ! ,u4,s4 ,presid5tial  
election to future influ5ce ef=ts       
worldwide1 includ+ aga9/ ,u4,s4 allies &
 _! election processes4  #bab4 ,s5se (  
,congress ,x is ! s5se ( ,congress t !  
,presid5t-- 7#a7 %\ld engage to ! fulle/
 ext5t possible ) p>tn] gov]nm5ts )     
reg>d to clos+ loopholes1 includ+ !     
all[ance ( ext5d$ prepaym5t = ! deliv]y 
( goods & commodities & o!r loopholes1 9
 multilat]al & unilat]al re/rictive     
measures aga9/ ! ,russian ,f$]ation1 ) !
 aim ( maximiz+ alignm5t ( ^? measures2 
&  7#b7 %\ld increase ef=ts to vigor\sly
 en=ce compliance ) sanctions 9 place z 
( ! date ( ! enactm5t ( ?is ,act )      

respect to ! ,russian ,f$]ation 9       
response to ! crisis 9 ea/]n ,ukra9e1   
cyb] intrusions & attacks1 & human      
rights violators 9 ! ,russian ,f$]ation4
  ,i ,congressional review ( sanctions  
impos$ ) respect to ! ,russian ,f$]ation
  #bae4 ,%ort title ,! "p may be cit$ z 
! ,russia ,sanctions ,review ,act (     
#bjag4  #baf4 ,congressional review (   
c]ta9 actions relat+ to sanctions impos$
 ) respect to ! ,russian ,f$]ation  7a7 
,submission to ,congress ( propos$      
action  7#a7 ,9 g5]al ,not)/&+ any o!r  
provision ( law1 be=e tak+ any action   
describ$ 9 p>agraph 7#b71 ! ,presid5t   
%all submit to ! appropriate            
congressional committees & lead]%ip a   
report t describes ! propos$ action & ! 
reasons = t action4  7#b7 ,actions      
describ$  7,a7 ,9 g5]al ,an action      
describ$ 9 ?is p>agraph is-- 7i7 an     
action to t]m9ate ! application ( any   
sanctions describ$ 9 subp>agraph 7,b72  
7ii7 ) respect to sanctions describ$ 9  
subp>agraph 7,b7 impos$ by ! ,presid5t )

 respect to a p]son1 an action to waive 
! application ( ^? sanctions ) respect  
to t p]son2 or  7iii7 a lic5s+ action t 
significantly alt]s ,unit$ ,/ates' =eign
 policy ) reg>d to ! ,russian ,f$]ation4
  7,b7 ,sanctions describ$ ,! sanctions 
describ$ 9 ?is subp>agraph are-- 7i7    
sanctions provid$ = "u--  7,i7 ?is title
 or any provision ( law am5d$ by ?is    
title1 includ+ ! ,executive ,ord]s      
codifi$ "u section #bbb2  7,,ii7 !      
,support = ! ,sov]eignty1 ,integrity1   
,democracy1 & ,economic ,/ability (     
,ukra9e ,act ( #bjad 7#bb ,u4,s4,c4     
#hija et seq472 or  7,,iii7 ! ,ukra9e   
,fre$om ,support ,act ( #bjad 7#bb      
,u4,s4,c4 #hiba et seq472 &  7ii7 !     
prohibition on access to ! prop]ties ( !
 ,gov]nm5t ( ! ,russian ,f$]ation locat$
 9 ,m>yl& & ,new ,york t ! ,presid5t    
ord]$ vacat$ on ,decemb] #bi1 #bjaf4    
7#c7 ,description ( type ( action ,ea*  
report submitt$ "u p>agraph 7#a7 )      
respect to an action describ$ 9 p>agraph
 7#b7 %all include a description ( :e!r 

! action--  7,a7 is n int5d$ to         
significantly alt] ,unit$ ,/ates =eign  
policy ) reg>d to ! ,russian ,f$]ation2 
or  7,b7 is int5d$ to significantly alt]
 ,unit$ ,/ates =eign policy ) reg>d to !
 ,russian ,f$]ation4  7#d7 ,inclusion ( 
additional matt]  7,a7 ,9 g5]al ,ea*    
report submitt$ "u p>agraph 7#a7 t      
relates to an action t is int5d$ to     
significantly alt] ,unit$ ,/ates =eign  
policy ) reg>d to ! ,russian ,f$]ation  
%all include a description (--  7i7 !   
significant alt]ation to ,unit$ ,/ates  
=eign policy ) reg>d to ! ,russian      
,f$]ation2  7ii7 ! anticipat$ effect ( !
 action on ! national security int]e/s (
 ! ,unit$ ,/ates2 &  7iii7 ! policy     
objectives = :i* ! sanctions affect$ by 
! action 7 initially impos$4  7,b7      
,reque/s f ,bank+ & ,f9ancial ,s]vices  
committees ,! ,committee on ,bank+1     
,h\s+1 & ,urban ,affairs ( ! ,s5ate or !
 ,committee on ,f9ancial ,s]vices ( !   
,h\se ( ,repres5tatives may reque/ !    
submission to ! ,committee ( ! matt]    

describ$ 9 clauses 7ii7 & 7iii7 (       
subp>agraph 7,a7 ) respect to a report  
submitt$ "u p>agraph 7#a7 t relates to  
an action t is n int5d$ to significantly
 alt] ,unit$ ,/ates =eign policy ) reg>d
 to ! ,russian ,f$]ation4  7b7 ,p]iod = 
review by ,congress  7#a7 ,9 g5]al ,dur+
 ! p]iod ( #cj cal5d> days beg9n+ on !  
date on :i* ! ,presid5t submits a report
 "u subsection 7a77#a7--  7,a7 9 ! case 
( a report t relates to an action t is n
 int5d$ to significantly alt] ,unit$    
,/ates =eign policy ) reg>d to !        
,russian ,f$]ation1 ! ,committee on     
,bank+1 ,h\s+1 & ,urban ,affairs ( !    
,s5ate & ! ,committee on ,f9ancial      
,s]vices ( ! ,h\se ( ,repres5tatives    
%\ld1 z appropriate1 hold he>+s &       
brief+s & o!rwise obta9 in=mation 9 ord]
 to fully review ! report2 &  7,b7 9 !  
case ( a report t relates to an action t
 is int5d$ to significantly alt] ,unit$ 
,/ates =eign policy ) reg>d to !        
,russian ,f$]ation1 ! ,committee on     
,=eign ,relations ( ! ,s5ate & !        

,committee on ,=eign ,affairs ( ! ,h\se 
( ,repres5tatives %\ld1 z appropriate1  
hold he>+s & brief+s & o!rwise obta9    
in=mation 9 ord] to fully review !      
report4  7#b7 ,exception ,! p]iod =     
congressional review "u p>agraph 7#a7 ( 
a report requir$ to be submitt$ "u      
subsection 7a77#a7 %all be #fj cal5d>   
days if ! report is submitt$ on or aft] 
,july #aj & on or be=e ,septemb] #g 9   
any cal5d> ye>4  7#c7 ,limitation on    
actions dur+ initial congressional      
review p]iod ,not)/&+ any o!r provision 
( law1 dur+ ! p]iod = congressional     
review provid$ = "u p>agraph 7#a7 ( a   
report submitt$ "u subsection 7a77#a7   
propos+ an action describ$ 9 subsection 
7a77#b71 includ+ any additional p]iod = 
su* review z applicable "u ! exception  
provid$ 9 p>agraph 7#b71 ! ,presid5t may
 n take t action unless a jo9t          
resolution ( approval ) respect to t    
action is enact$ 9 accordance )         
subsection 7c74  7#d7 ,limitation on    
actions dur+ presid5tial consid]ation ( 

a jo9t resolution ( disapproval ,not)/&+
 any o!r provision ( law1 if a jo9t     
resolution ( disapproval relat+ to a    
report submitt$ "u subsection 7a77#a7   
propos+ an action describ$ 9 subsection 
7a77#b7 passes bo? ,h\ses ( ,congress 9 
accordance ) subsection 7c71 ! ,presid5t
 may n take t action = a p]iod ( #ab    
cal5d> days aft] ! date ( passage ( !   
jo9t resolution ( disapproval4  7#e7    
,limitation on actions dur+             
congressional reconsid]ation ( a jo9t   
resolution ( disapproval ,not)/&+ any   
o!r provision ( law1 if a jo9t          
resolution ( disapproval relat+ to a    
report submitt$ "u subsection 7a77#a7   
propos+ an action describ$ 9 subsection 
7a77#b7 passes bo? ,h\ses ( ,congress 9 
accordance ) subsection 7c71 & !        
,presid5t vetoes ! jo9t resolution1 !   
,presid5t may n take t action = a p]iod 
( #aj cal5d> days aft] ! date ( !       
,presid5t's veto4  7#f7 ,effect (       
enactm5t ( a jo9t resolution (          
disapproval ,not)/&+ any o!r provision (

 law1 if a jo9t resolution ( disapproval
 relat+ to a report submitt$ "u         
subsection 7a77#a7 propos+ an action    
describ$ 9 subsection 7a77#b7 is enact$ 
9 accordance ) subsection 7c71 !        
,presid5t may n take t action4  7c7     
,jo9t resolutions ( disapproval or      
approval def9$ ,9 ?is subsection3 7#a7  
,jo9t resolution ( approval ,! t]m jo9t 
resolution ( approval means only a jo9t 
resolution ( ei!r ,h\se ( ,congress--   
7,a7 ! title ( :i* is z foll[s3 ,a jo9t 
resolution approv+ ! ,presid5t's        
proposal to take an action relat+ to !  
application ( c]ta9 sanctions ) respect 
to ! ,russian ,f$]ation42 &  7,b7 ! sole
 matt] aft] ! resolv+ clause ( :i* is ! 
foll[+3 ,congress approves ( ! action   
relat+ to ! application ( sanctions     
impos$ ) respect to ! ,russian ,f$]ation
 propos$ by ! ,presid5t 9 ! report      
submitt$ to ,congress "u section        
#baf7;a77#a7 ( ! ,russia ,sanctions     
,review ,act ( #bjag on  relat+ to 41 ) 
! fir/ blank space be+ fill$ ) !        

appropriate date & ! second blank space 
be+ fill$ ) a %ort description ( !      
propos$ action4  7#b7 ,jo9t resolution (
 disapproval ,! t]m jo9t resolution (   
disapproval means only a jo9t resolution
 ( ei!r ,h\se ( ,congress-- 7,a7 ! title
 ( :i* is z foll[s3 ,a jo9t resolution  
disapprov+ ! ,presid5t's proposal to    
take an action relat+ to ! application (
 c]ta9 sanctions ) respect to ! ,russian
 ,f$]ation42 &  7,b7 ! sole matt] aft] !
 resolv+ clause ( :i* is ! foll[+3      
,congress disapproves ( ! action relat+ 
to ! application ( sanctions impos$ )   
respect to ! ,russian ,f$]ation propos$ 
by ! ,presid5t 9 ! report submitt$ to   
,congress "u section #baf7;a77#a7 ( !   
,russia ,sanctions ,review ,act ( #bjag 
on  relat+ to 41 ) ! fir/ blank space   
be+ fill$ ) ! appropriate date & !      
second blank space be+ fill$ ) a %ort   
description ( ! propos$ action4  7#c7   
,introduction ,dur+ ! p]iod ( #cj cal5d>
 days provid$ = "u subsection 7b77#a71  
includ+ any additional p]iod z          

applicable "u ! exception provid$ 9     
subsection 7b77#b71 a jo9t resolution ( 
approval or jo9t resolution (           
disapproval may be introduc$--  7,a7 9 !
 ,h\se ( ,repres5tatives1 by ! majority 
lead] or ! m9ority lead]2 &  7,b7 9 !   
,s5ate1 by ! majority lead] 7or !       
majority lead]'s designee7 or ! m9ority 
lead] 7or ! m9ority lead]'s designee74  
7#d7 ,floor consid]ation 9 h\se (       
repres5tatives  7,a7 ,report+ & dis*>ge 
,if a committee ( ! ,h\se (             
,repres5tatives to :i* a jo9t resolution
 ( approval or jo9t resolution (        
disapproval has be5 ref]r$ has n report$
 ! jo9t resolution )9 #aj cal5d> days   
aft] ! date ( ref]ral1 t committee %all 
be dis*>g$ f fur!r consid]ation ( ! jo9t
 resolution4  7,b7 ,proce$+ to          
consid]ation ,beg9n+ on ! ?ird          
legislative day aft] ea* committee to   
:i* a jo9t resolution ( approval or jo9t
 resolution ( disapproval has be5 ref]r$
 reports ! jo9t resolution to ! ,h\se or
 has be5 dis*>g$ f fur!r consid]ation ( 

! jo9t resolution1 x %all be 9 ord] to  
move to proce$ to consid] ! jo9t        
resolution 9 ! ,h\se4 ,all po9ts ( ord] 
aga9/ ! motion are waiv$4 ,su* a motion 
%all n be 9 ord] aft] ! ,h\se has       
dispos$ ( a motion to proce$ on ! jo9t  
resolution4 ,! previ\s "q %all be       
consid]$ z ord]$ on ! motion to its     
adoption )\t int]v5+ motion4 ,! motion  
%all n be debatable4 ,a motion to       
reconsid] ! vote by :i* ! motion is     
dispos$ ( %all n be 9 ord]4  7,c7       
,consid]ation ,! jo9t resolution (      
approval or jo9t resolution (           
disapproval %all be consid]$ z read4    
,all po9ts ( ord] aga9/ ! jo9t          
resolution & aga9/ its consid]ation are 
waiv$4 ,! previ\s "q %all be consid]$ z 
ord]$ on ! jo9t resolution to f9al      
passage )\t int]v5+ motion except #b    
h\rs ( debate equally divid$ & controll$
 by ! sponsor ( ! jo9t resolution 7or a 
designee7 & an oppon5t4 ,a motion to    
reconsid] ! vote on passage ( ! jo9t    
resolution %all n be 9 ord]4  7#e7      

,consid]ation 9 ! s5ate  7,a7 ,committee
 ref]ral ,a jo9t resolution ( approval  
or jo9t resolution ( disapproval        
introduc$ 9 ! ,s5ate %all be--  7i7     
ref]r$ to ! ,committee on ,bank+1 ,h\s+1
 & ,urban ,affairs if ! jo9t resolution 
relates to a report "u section #baf ,a#c
 t is describ$ z an action t is n int5d$
 to significantly alt] ,unit$ ,/ates    
=eign policy ) reg>d to ! ,russian      
,f$]ation2 &  7ii7 ref]r$ to !          
,committee on ,=eign ,relations if !    
jo9t resolution relates to a report "u  
section #baf ,a#c t is describ$ z an    
action t is int5d$ to significantly alt]
 ,unit$ ,/ates =eign policy ) respect to
 ! ,russian ,f$]ation4  7,b7 ,report+ & 
dis*>ge ,if ! committee to :i* a jo9t   
resolution ( approval or jo9t resolution
 ( disapproval 0 ref]r$ has n report$ ! 
jo9t resolution )9 #aj cal5d> days aft] 
! date ( ref]ral ( ! jo9t resolution1 t 
committee %all be dis*>g$ f fur!r       
consid]ation ( ! jo9t resolution & !    
jo9t resolution %all be plac$ on !      

appropriate cal5d>4  7,c7 ,proce$+ to   
consid]ation ,not)/&+ ,rule ,,xxii ( !  
,/&+ ,rules ( ! ,s5ate1 x is 9 ord] at  
any "t aft] ! ,committee on ,bank+1     
,h\s+1 & ,urban ,affairs or ! ,committee
 on ,=eign ,relations1 z ! case may be1 
reports a jo9t resolution ( approval or 
jo9t resolution ( disapproval to !      
,s5ate or has be5 dis*>g$ f consid]ation
 ( su* a jo9t resolution 7ev5 ?\gh a    
previ\s motion to ! same effect has be5 
disagre$ to7 to move to proce$ to !     
consid]ation ( ! jo9t resolution1 & all 
po9ts ( ord] aga9/ ! jo9t resolution 7& 
aga9/ consid]ation ( ! jo9t resolution7 
are waiv$4 ,! motion to proce$ is n     
debatable4 ,! motion is n subject to a  
motion to po/pone4 ,a motion to         
reconsid] ! vote by :i* ! motion is     
agre$ to or disagre$ to %all n be 9     
ord]4  7,d7 ,rul+s ( ! *air on proc$ure 
,appeals f ! decisions ( ! ,*air relat+ 
to ! application ( ! rules ( ! ,s5ate1 z
 ! case may be1 to ! proc$ure relat+ to 
a jo9t resolution ( approval or jo9t    

resolution ( disapproval %all be decid$ 
)\t debate4  7,e7 ,consid]ation ( veto  
messages ,debate 9 ! ,s5ate ( any veto  
message ) respect to a jo9t resolution (
 approval or jo9t resolution (          
disapproval1 includ+ all debatable      
motions & appeals 9 connection ) ! jo9t 
resolution1 %all be limit$ to #aj h\rs1 
to be equally divid$ betwe51 & controll$
 by1 ! majority lead] & ! m9ority lead] 
or _! designees4  7#f7 ,rules relat+ to 
s5ate & h\se ( repres5tatives  7,a7     
,coord9ation ) action by o!r h\se ,if1  
be=e ! passage by "o ,h\se ( a jo9t     
resolution ( approval or jo9t resolution
 ( disapproval ( t ,h\se1 t ,h\se       
receives an id5tical jo9t resolution f !
 o!r ,h\se1 ! foll[+ proc$ures %all     
apply3  7i7 ,! jo9t resolution ( ! o!r  
,h\se %all n be ref]r$ to a committee4  
7ii7 ,) respect to ! jo9t resolution ( !
 ,h\se receiv+ ! jo9t resolution f ! o!r
 ,h\se--  7,i7 ! proc$ure 9 t ,h\se %all
 be ! same z if no jo9t resolution _h   
be5 receiv$ f ! o!r ,h\se2 b  7,,ii7 !  

vote on passage %all be on ! jo9t       
resolution ( ! o!r ,h\se4  7,b7         
,treatm5t ( a jo9t resolution ( o!r h\se
 ,if "o ,h\se fails to introduce a jo9t 
resolution ( approval or jo9t resolution
 ( disapproval1 a jo9t resolution (     
approval or jo9t resolution (           
disapproval ( ! o!r ,h\se %all be       
entitl$ to exp$it$ proc$ures 9 t ,h\se  
"u ?is subsection4  7,c7 ,treatm5t (    
h\se jo9t resolution 9 s5ate ,if1 foll[+
 passage ( a jo9t resolution ( approval 
or jo9t resolution ( disapproval 9 !    
,s5ate1 ! ,s5ate receives an id5tical   
jo9t resolution f ! ,h\se (             
,repres5tatives1 t jo9t resolution %all 
be plac$ on ! appropriate ,s5ate cal5d>4
  7,d7 ,application to rev5ue measures  
,! provisions ( ?is p>agraph %all n     
apply 9 ! ,h\se ( ,repres5tatives to a  
jo9t resolution ( approval or jo9t      
resolution ( disapproval t is a rev5ue  
measure4  7#g7 ,rules ( h\se (          
repres5tatives & s5ate ,?is subsection  
is enact$ by ,congress-- 7,a7 z an      

ex]cise ( ! rulemak+ p[] ( ! ,s5ate & ! 
,h\se ( ,repres5tatives1 respectively1 &
 z su* is deem$ a "p ( ! rules ( ea*    
,h\se1 respectively1 b applicable only )
 respect to ! proc$ure to be foll[$ 9 t 
,h\se 9 ! case ( a jo9t resolution (    
approval or jo9t resolution (           
disapproval1 & sup]s$es o!r rules only  
to ! ext5t t x is inconsi/5t ) su*      
rules2 &  7,b7 ) full recognition ( !   
con/itutional "r ( ei!r ,h\se to *ange !
 rules 7s f> z relat+ to ! proc$ure ( t 
,h\se7 at any "t1 9 ! same mann]1 & to !
 same ext5t z 9 ! case ( any o!r rule ( 
t ,h\se4  7d7 ,appropriate congressional
 committees & lead]%ip def9$ ,9 ?is     
section1 ! t]m appropriate congressional
 committees & lead]%ip means-- 7#a7 !   
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs1 ! ,committee on ,=eign        
,relations1 & ! majority & m9ority      
lead]s ( ! ,s5ate2 &  7#b7 ! ,committee 
on ,f9ancial ,s]vices1 ! ,committee on  
,=eign ,affairs1 & ! ,speak]1 ! majority
 lead]1 & ! m9ority lead] ( ! ,h\se (   

,repres5tatives4  ,,ii ,sanctions )     
respect to ! ,russian ,f$]ation  #bba4  
,def9itions ,9 ?is "p3 7#a7 ,appropriate
 congressional committees ,! t]m        
appropriate congressional committees    
means--  7,a7 ! ,committee on ,bank+1   
,h\s+1 & ,urban ,affairs1 ! ,committee  
on ,=eign ,relations1 & ! ,committee on 
,f9ance ( ! ,s5ate2 &  7,b7 ! ,committee
 on ,=eign ,affairs1 ! ,committee on    
,f9ancial ,s]vices1 & ! ,committee on   
,ways & ,means ( ! ,h\se (              
,repres5tatives4  7#b7 ,good ,! t]m good
 has ! mean+ giv5 t t]m 9 section #af ( 
! ,export ,adm9i/ration ,act ( #aigi    
7#ej ,u4,s4,c4 #dfah7 7z cont9u$ 9      
effect pursuant to ! ,int]national      
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agja et seq4774  7#c7        
,int]national f9ancial in/itution ,! t]m
 int]national f9ancial in/itution has ! 
mean+ giv5 t t]m 9 section #agja7;c7 ( !
 ,int]national ,f9ancial ,in/itutions   
,act 7#bb ,u4,s4,c4 #bfbr7c774  7#d7    
,kn[+ly ,! t]m kn[+ly1 ) respect to     

conduct1 a circum/ance1 or a result1    
means t a p]son has actual k1 or %\ld h 
kn[n1 ( ! conduct1 ! circum/ance1 or !  
result4  7#e7 ,p]son ,! t]m p]son means 
an individual or entity4  7#f7 ,unit$   
/ates p]son ,! t]m ,unit$ ,/ates p]son  
means--  7,a7 a ,unit$ ,/ates citiz5 or 
an ali5 lawfully admitt$ = p]man5t      
resid5ce to ! ,unit$ ,/ates2 or  7,b7 an
 entity organiz$ "u ! laws ( ! ,unit$   
,/ates or ( any jurisdiction )9 ! ,unit$
 ,/ates1 includ+ a =eign bran* ( su* an 
entity4  #bbb4 ,codification ( sanctions
 relat+ to ! ,russian ,f$]ation  7a7    
,codification ,unit$ ,/ates sanctions   
provid$ = 9 ,executive ,ord] #acffj 7#gi
 ,f$4 ,reg4 #acdic2 relat+ to block+    
prop]ty ( c]ta9 p]sons contribut+ to !  
situation 9 ,ukra9e71 ,executive ,ord]  
#acffa 7#gi ,f$4 ,reg4 #aeece2 relat+ to
 block+ prop]ty ( additional p]sons     
contribut+ to ! situation 9 ,ukra9e71   
,executive ,ord] #acffb 7#gi ,f$4 ,reg4 
#afafi2 relat+ to block+ prop]ty (      
additional p]sons contribut+ to !       

situation 9 ,ukra9e71 ,executive ,ord]  
#acfhe 7#gi ,f$4 ,reg4 #ggceg2 relat+ to
 block+ prop]ty ( c]ta9 p]sons &        
prohibit+ c]ta9 transactions ) respect  
to ! ,crimea region ( ,ukra9e71         
,executive ,ord] #acfid 7#hj ,f$4 ,reg4 
#ahjgg2 relat+ to block+ ! prop]ty (    
c]ta9 p]sons engag+ 9 significant       
malici\s cyb]-enabl$ activities71 &     
,executive ,ord] #acgeg 7#hb ,f$4 ,reg4 
#a2 relat+ to tak+ additional /eps to   
address ! national em]g5cy ) respect to 
significant malici\s cyb]-enabl$        
activities71 z 9 effect on ! day be=e ! 
date ( ! enactm5t ( ?is ,act1 includ+ ) 
respect to all p]sons sanction$ "u su*  
,executive ,ord]s1 %all rema9 9 effect  
except z provid$ 9 subsection 7b74  7b7 
,t]m9ation ( c]ta9 sanctions ,subject to
 section #baf1 ! ,presid5t may t]m9ate !
 application ( sanctions describ$ 9     
subsection 7a7 t are impos$ on a p]son 9
 connection ) activity conduct$ by !    
p]son if ! ,presid5t submits to !       
appropriate congressional committees a  

notice t--  7#a7 ! p]son is n engag+ 9 !
 activity t 0 ! basis = ! sanctions or  
has tak5 significant v]ifiable /eps t[>d
 /opp+ ! activity2 &  7#b7 ! ,presid5t  
has receiv$ reliable assurances t !     
p]son w n kn[+ly engage 9 activity      
subject to sanctions describ$ 9         
subsection 7a7 9 ! future4  7c7         
,application ( new cyb] sanctions ,!    
,presid5t may waive ! initial           
application "u subsection 7a7 (         
sanctions ) respect to a p]son "u       
,executive ,ord] #acfid or #acgeg only  
if ! ,presid5t submits to ! appropriate 
congressional committees--  7#a7 a      
writt5 det]m9ation t ! waiv]-- 7,a7 is 9
 ! vital national security int]e/s ( !  
,unit$ ,/ates2 or  7,b7 w fur!r !       
en=cem5t ( ?is title2 &  7#b7 a         
c]tification t ! ,gov]nm5t ( ! ,russian 
,f$]ation has made significant ef=ts to 
r$uce ! numb] & int5sity ( cyb]         
intrusions conduct$ by t ,gov]nm5t4  7d7
 ,application ( new ,ukra9e-,relat$     
sanctions ,! ,presid5t may waive !      

initial application "u subsection 7a7 ( 
sanctions ) respect to a p]son "u       
,executive ,ord] #acffj1 #acffa1 #acffb1
 or #acfhe only if ! ,presid5t submits  
to ! appropriate congressional          
committees--  7#a7 a writt5 det]m9ation 
t ! waiv]-- 7,a7 is 9 ! vital national  
security int]e/s ( ! ,unit$ ,/ates2 or  
7,b7 w fur!r ! en=cem5t ( ?is title2 &  
7#b7 a c]tification t ! ,gov]nm5t ( !   
,russian ,f$]ation is tak+ /eps to      
implem5t ! ,m9sk ,agreem5t to address ! 
ongo+ conflict 9 ea/]n ,ukra9e1 sign$ 9 
,m9sk1 ,bel>us1 on ,febru>y #aa1 #bjae1 
by ! lead]s ( ,ukra9e1 ,russia1 ,france1
 & ,g]many1 ! ,m9sk ,protocol1 :i* 0    
agre$ to on ,septemb] #e1 #bjad1 & any  
successor agreem5ts t are agre$ to by ! 
,gov]nm5t ( ,ukra9e4  #bbc4             
,modification ( implem5tation (         
,executive ,ord] #acffb  7a7            
,det]m9ation t c]ta9 entities are       
subject to sanctions ,! ,secret>y ( !   
,treasury may det]m9e t a p]son meets "o
 or m ( ! crit]ia 9 section #a7;a7 (    

,executive ,ord] #acffb if t p]son is a 
/ate-own$ entity op]at+ 9 ! railway1    
%ipp+1 or metals & m9+ sector ( !       
economy ( ! ,russian ,f$]ation4  7b7    
,modification ( directive #a ) respect  
to ! f9ancial s]vices sector ( !        
,russian ,f$]ation economy ,! ,director 
( ! ,(fice ( ,=eign ,assets ,control    
%all modify ,directive #a 7z am5d$71    
dat$ ,septemb] #ab1 #bjad1 issu$ by !   
,(fice ( ,=eign ,assets ,control "u     
,executive ,ord] #acffb1 or any         
successor directive1 to ensure t !      
directive prohibits ! conduct by ,unit$ 
,/ates p]sons or p]sons )9 ! ,unit$     
,/ates ( all transactions 91 provision (
 f9anc+ =1 & o!r deal+s 9 new debt (    
long] ?an #ad days maturity or new      
equity ( p]sons det]m9$ to be subject to
 ! directive1 _! prop]ty1 or _! int]e/s 
9 prop]ty4  7c7 ,modification (         
directive #b ) respect to ! en]gy sector
 ( ! ,russian ,f$]ation economy ,!      
,director ( ! ,(fice ( ,=eign ,assets   
,control %all modify ,directive #b 7z   

am5d$71 dat$ ,septemb] #ab1 #bjad1 issu$
 by ! ,(fice ( ,=eign ,assets ,control  
"u ,executive ,ord] #acffb1 or any      
successor directive1 to ensure t !      
directive prohibits ! conduct by ,unit$ 
,/ates p]sons or p]sons )9 ! ,unit$     
,/ates ( all transactions 91 provision (
 f9anc+ =1 & o!r deal+s 9 new debt (    
long] ?an #cj days maturity ( p]sons    
det]m9$ to be subject to ! directive1 _!
 prop]ty1 or _! int]e/s 9 prop]ty4  7d7 
,modification ( directive #d ,!         
,director ( ! ,(fice ( ,=eign ,assets   
,control %all modify ,directive #d1 dat$
 ,septemb] #ab1 #bjad1 issu$ by ! ,(fice
 ( ,=eign ,assets ,control "u ,executive
 ,ord] #acffb1 or any successor         
directive1 to ensure t ! directive      
prohibits ! provision1 exportation1 or  
reexportation1 directly or indirectly1  
by ,unit$ ,/ates p]sons or p]sons )9 !  
,unit$ ,/ates1 ( goods1 s]vices 7except 
= f9ancial s]vices71 or te*nology 9     
support ( exploration or production =   
deepwat]1 ,arctic (f%ore1 or %ale       

projects--  7#a7 t h ! pot5tial to      
produce oil2  7#b7 9 :i* a ,russian     
en]gy firm is involv$2 &  7#c7 t involve
 any p]son det]m9$ to be subject to !   
directive or ! prop]ty or int]e/s 9     
prop]ty ( su* a p]son4  #bbd4           
,imposition ( sanctions ) respect to    
activities ( ! ,russian ,f$]ation       
und]m9+ cyb]security  7a7 ,9 g5]al ,on &
 aft] ! date t is #fj days aft] ! date (
 ! enactm5t ( ?is ,act1 ! ,presid5t     
%all--  7#a7 impose ! sanctions describ$
 9 subsection 7b7 ) respect to any p]son
 t ! ,presid5t det]m9es--  7,a7 kn[+ly  
engages 9 significant activities und]m9+
 cyb]security aga9/ any p]son1 includ+ a
 democratic in/itution1 or gov]nm5t on  
behalf ( ! ,gov]nm5t ( ! ,russian       
,f$]ation2 or  7,b7 is own$ or controll$
 by1 or acts or purports to act = or on 
behalf (1 directly or indirectly1 a     
p]son describ$ 9 subp>agraph 7,a72  7#b7
 impose #e or m ( ! sanctions describ$ 9
 section #bce ) respect to any p]son t !
 ,presid5t det]m9es kn[+ly mat]ially    

assi/s1 sponsors1 or provides f9ancial1 
mat]ial1 or te*nological support =1 or  
goods or s]vices 7except f9ancial       
s]vices7 9 support (1 an activity       
describ$ 9 p>agraph 7#a77;,a72 &  7#c7  
impose #c or m ( ! sanctions describ$ 9 
section #d7;c7 ( ! ( ! ,ukra9e ,fre$om  
,support ,act ( #bjad 7#bb ,u4,s4,c4    
#hibc7;c77 ) respect to any p]son t !   
,presid5t det]m9es kn[+ly provides      
f9ancial s]vices 9 support ( an activity
 describ$ 9 p>agraph 7#a77;,a74  7b7    
,sanctions describ$ ,! sanctions        
describ$ 9 ?is subsection are ! foll[+3 
7#a7 ,asset block+ ,! ex]cise ( all p[]s
 grant$ to ! ,presid5t by !             
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq47 to ! 
ext5t necess>y to block & prohibit all  
transactions 9 all prop]ty & int]e/s 9  
prop]ty ( a p]son det]m9$ by ! ,presid5t
 to be subject to subsection 7a77#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  
,exclusion f ! unit$ /ates & revocation 
( visa or o!r docum5tation ,9 ! case (  
an ali5 det]m9$ by ! ,presid5t to be    
subject to subsection 7a77#a71 d5ial ( a
 visa to1 & exclusion f ! ,unit$ ,/ates 
(1 ! ali51 & revocation 9 accordance )  
section #bba7;i7 ( ! ,immigration &     
,nationality ,act 7#h ,u4,s4,c4         
#abja7;i771 ( any visa or o!r           
docum5tation ( ! ali54  7c7 ,application
 ( new cyb] sanctions ,! ,presid5t may  
waive ! initial application "u          
subsection 7a7 ( sanctions ) respect to 
a p]son only if ! ,presid5t submits to !
 appropriate congressional committees-- 
7#a7 a writt5 det]m9ation t ! waiv]--   
7,a7 is 9 ! vital national security     
int]e/s ( ! ,unit$ ,/ates2 or  7,b7 w   
fur!r ! en=cem5t ( ?is title2 &  7#b7 a 
c]tification t ! ,gov]nm5t ( ! ,russian 
,f$]ation has made significant ef=ts to 
r$uce ! numb] & int5sity ( cyb]         
intrusions conduct$ by t ,gov]nm5t4  7d7
 ,significant activities und]m9+        

cyb]security def9$ ,9 ?is section1 ! t]m
 significant activities und]m9+         
cyb]security includes-- 7#a7 significant
 ef=ts--  7,a7 to d5y access to or      
degrade1 disrupt1 or de/roy an in=mation
 & communications te*nology sy/em or    
network2 or  7,b7 to exfiltrate1        
degrade1 corrupt1 de/roy1 or release    
in=mation f su* a sy/em or network )\t  
au?orization = purposes (--  7i7        
conduct+ influ5ce op]ations2 or  7ii7   
caus+ a significant misappropriation (  
funds1 economic res\rces1 trade secrets1
 p]sonal id5tifications1 or f9ancial    
in=mation = comm]cial or competitive    
advantage or private f9ancial ga92  7#b7
 significant de/ructive malw>e attacks2 
&  7#c7 significant d5ial ( s]vice      
activities4  #bbe4 ,imposition (        
sanctions relat+ to special ,russian    
crude oil projects ,section #d7;b77#a7 (
 ! ,ukra9e ,fre$om ,support ,act ( #bjad
 7#bb ,u4,s4,c4 #hibc7;b77#a77 is am5d$ 
by /rik+ on & aft] ! date t is #de days 
aft] ! date ( ! enactm5t ( ?is ,act1 !  

,presid5t may impose & ins]t+ on & aft] 
! date t is #cj days aft] ! date ( !    
enactm5t ( ! ,c\nt]+ ,russian ,influ5ce 
9 ,europe & ,eurasia ,act ( #bjag1 !    
,presid5t %all impose1 unless !         
,presid5t det]m9es t x is n 9 ! national
 int]e/ ( ! ,unit$ ,/ates to d s14      
#bbf4 ,imposition ( sanctions ) respect 
to ,russian & o!r =eign f9ancial        
in/itutions ,section #e ( ! ,ukra9e     
,fre$om ,support ,act ( #bjad 7#bb      
,u4,s4,c4 #hibd7 is am5d$-- 7#a7 9      
subsection 7a7--  7,a7 by /rik+ may     
impose & ins]t+ %all impose1 unless !   
,presid5t det]m9es t x is n 9 ! national
 int]e/ ( ! ,unit$ ,/ates to d s12 &    
7,b7 by /rik+ on or aft] ! date ( !     
enactm5t ( ?is ,act & ins]t+ on or aft] 
! date ( ! enactm5t ( ! ,c\nt]+ ,russian
 ,influ5ce 9 ,europe & ,eurasia ,act (  
#bjag2 &  7#b7 9 subsection 7b7--  7,a7 
by /rik+ may impose & ins]t+ %all       
impose1 unless ! ,presid5t det]m9es t x 
is n 9 ! national int]e/ ( ! ,unit$     
,/ates to d s12 &  7,b7 by /rik+ on or  

aft] ! date t is #ahj days aft] ! date (
 ! enactm5t ( ?is ,act & ins]t+ on or   
aft] ! date t is #cj days aft] ! date ( 
! enactm5t ( ! ,c\nt]+ ,russian         
,influ5ce 9 ,europe & ,eurasia ,act (   
#bjag4  #bbg4 ,m&atory imposition (     
sanctions ) respect to significant      
corruption 9 ! ,russian ,f$]ation       
,section #i ( ! ,sov]eignty1 ,integrity1
 ,democracy1 & ,economic ,/ability (    
,ukra9e ,act ( #bjad 7#bb ,u4,s4,c4     
#hijh7;a77 is am5d$--  7#a7 9 subsection
 7a7-- 7,a7 9 ! matt] prec$+ p>agraph   
7#a71 by /rik+ is au?oriz$ & enc\rag$ to
 & ins]t+ %all2 &  7,b7 9 p>agraph      
7#a7-- 7i7 by /rik+ ,presid5t det]m9es  
is & ins]t+ ,presid5t det]m9es is1 on or
 aft] ! date ( ! enactm5t ( ! ,c\nt]+   
,russian ,influ5ce 9 ,europe & ,eurasia 
,act ( #bjag12 &  7ii7 by ins]t+ or     
else:]e aft] 9 ! ,russian ,f$]ation2    
7#b7 by r$esignat+ subsection 7d7 z     
subsection 7e72  7#c7 9 subsection 7c71 
by /rik+ ,! ,presid5t & ins]t+ except z 
provid$ 9 subsection 7d71 ! ,presid5t2 &

  7#d7 by ins]t+ aft] subsection 7c7 !  
foll[+3  7d7 ,application ( new         
sanctions ,! ,presid5t may waive !      
initial application ( sanctions "u      
subsection 7b7 ) respect to a p]son only
 if ! ,presid5t submits to ! appropriate
 congressional committees--  7#a7 a     
writt5 det]m9ation t ! waiv]-- 7,a7 is 9
 ! vital national security int]e/s ( !  
,unit$ ,/ates2 or  7,b7 w fur!r !       
en=cem5t ( ?is ,act2 &  7#b7 a          
c]tification t ! ,gov]nm5t ( ! ,russian 
,f$]ation is tak+ /eps to implem5t !    
,m9sk ,agreem5t to address ! ongo+      
conflict 9 ea/]n ,ukra9e1 sign$ 9 ,m9sk1
 ,bel>us1 on ,febru>y #aa1 #bjae1 by !  
lead]s ( ,ukra9e1 ,russia1 ,france1 &   
,g]many1 ! ,m9sk ,protocol1 :i* 0 agre$ 
to on ,septemb] #e1 #bjad1 & any        
successor agreem5ts t are agre$ to by ! 
,gov]nm5t ( ,ukra9e4  4  #bbh4 ,m&atory 
imposition ( sanctions ) respect to     
c]ta9 transactions ) =eign sanctions    
evad]s & s]i\s human rights abus]s 9 !  
,russian ,f$]ation  7a7 ,9 g5]al ,!     

,support = ! ,sov]eignty1 ,integrity1   
,democracy1 & ,economic ,/ability (     
,ukra9e ,act ( #bjad 7#bb ,u4,s4,c4     
#hija et seq47 is am5d$ by add+ at ! end
 ! foll[+3  #aj4 ,m&atory imposition (  
sanctions ) respect to c]ta9            
transactions ) p]sons t evade sanctions 
impos$ ) respect to ! ,russian ,f$]ation
  7a7 ,9 g5]al ,! ,presid5t %all impose 
! sanctions describ$ 9 subsection 7b7 ) 
respect to a =eign p]son if ! ,presid5t 
det]m9es t ! =eign p]son kn[+ly1 on or  
aft] ! date ( ! enactm5t ( ! ,c\nt]+    
,russian ,influ5ce 9 ,europe & ,eurasia 
,act ( #bjag--  7#a7 mat]ially violates1
 attempts to violate1 conspires to      
violate1 or causes a violation ( any    
lic5se1 ord]1 regulation1 or prohibition
 conta9$ 9 or issu$ pursuant to any     
cov]$ ,executive ord]2 or  7#b7         
facilitates significant deceptive or    
/ructur$ transactions = or on behalf (--
 7,a7 any p]son subject to sanctions    
impos$ by ! ,unit$ ,/ates ) respect to !
 ,russian ,f$]ation2 or  7,b7 any *ild1 

sp\se1 p>5t1 or sibl+ ( an individual   
describ$ 9 subp>agraph 7,a74  7b7       
,sanctions describ$ ,! sanctions        
describ$ 9 ?is subsection are ! ex]cise 
( all p[]s grant$ to ! ,presid5t by !   
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq47 to ! 
ext5t necess>y to block & prohibit all  
transactions 9 all prop]ty & int]e/s 9  
prop]ty ( a p]son det]m9$ by ! ,presid5t
 to be subject to subsection 7a7 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  7c7   
,implem5tation2 p5alties  7#a7          
,implem5tation ,! ,presid5t may ex]cise 
all au?orities provid$ to ! ,presid5t "u
 sections #bjc & #bje ( ! ,int]national 
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agjb & #agjd7 to c>ry out    
subsection 7b74  7#b7 ,p5alties ,a p]son
 t violates1 attempts to violate1       
conspires to violate1 or causes a       
violation ( subsection 7b7 or any       

regulation1 lic5se1 or ord] issu$ to    
c>ry out subsection 7b7 %all be subject 
to ! p5alties set =? 9 subsections 7b7 &
 7c7 ( section #bjf ( ! ,int]national   
,em]g5cy ,economic ,p[]s ,act 7#ej      
,u4,s4,c4 #agje7 to ! same ext5t z a    
p]son t commits an unlawful act describ$
 9 subsection 7a7 ( t section4  7d7     
,application ( new sanctions ,!         
,presid5t may waive ! initial           
application ( sanctions "u subsection   
7b7 ) respect to a p]son only if !      
,presid5t submits to ! appropriate      
congressional committees--  7#a7 a      
writt5 det]m9ation t ! waiv]-- 7,a7 is 9
 ! vital national security int]e/s ( !  
,unit$ ,/ates2 or  7,b7 w fur!r !       
en=cem5t ( ?is ,act2  7#b7 9 ! case (   
sanctions impos$ "u ?is section 9       
connection ) a cov]$ ,executive ord]    
describ$ 9 subp>agraph 7,a71 7,b71 7,c71
 or 7,d7 ( subsection 7f77#a71 a        
c]tification t ! ,gov]nm5t ( ! ,russian 
,f$]ation is tak+ /eps to implem5t !    
,m9sk ,agreem5t to address ! ongo+      

conflict 9 ea/]n ,ukra9e1 sign$ 9 ,m9sk1
 ,bel>us1 on ,febru>y #aa1 #bjae1 by !  
lead]s ( ,ukra9e1 ,russia1 ,france1 &   
,g]many1 ! ,m9sk ,protocol1 :i* 0 agre$ 
to on ,septemb] #e1 #bjad1 & any        
successor agreem5ts t are agre$ to by ! 
,gov]nm5t ( ,ukra9e2 &  7#c7 9 ! case ( 
sanctions impos$ "u ?is section 9       
connection ) a cov]$ ,executive ord]    
describ$ 9 subp>agraphs 7,e7 or 7,f7 (  
subsection 7f77#a71 a c]tification t !  
,gov]nm5t ( ! ,russian ,f$]ation has    
made significant ef=ts to r$uce ! numb] 
& int5sity ( cyb] intrusions conduct$ by
 t ,gov]nm5t4  7e7 ,t]m9ation ,subject  
to section #baf ( ! ,russia ,sanctions  
,review ,act ( #bjag1 ! ,presid5t may   
t]m9ate ! application ( sanctions "u    
subsection 7b7 ) respect to a p]son if !
 ,presid5t submits to ! appropriate     
congressional committees--  7#a7 a      
notice ( & ju/ification = ! t]m9ation2 &
  7#b7 a notice t--  7,a7 ! p]son is n  
engag+ 9 ! activity t 0 ! basis = !     
sanctions or has tak5 significant       

v]ifiable /eps t[>d /opp+ ! activity2 & 
7,b7 ! ,presid5t has receiv$ reliable   
assurances t ! p]son w n kn[+ly engage 9
 activity subject to sanctions "u       
subsection 7a7 9 ! future4  7f7         
,def9itions ,9 ?is section3 7#a7 ,cov]$ 
,executive ord] ,! t]m cov]$ ,executive 
ord] means any ( ! foll[+3  7,a7        
,executive ,ord] #acffj 7#gi ,f$4 ,reg4 
#acdic2 relat+ to block+ prop]ty ( c]ta9
 p]sons contribut+ to ! situation 9     
,ukra9e74  7,b7 ,executive ,ord] #acffa 
7#gi ,f$4 ,reg4 #aeece2 relat+ to block+
 prop]ty ( additional p]sons contribut+ 
to ! situation 9 ,ukra9e74  7,c7        
,executive ,ord] #acffb 7#gi ,f$4 ,reg4 
#afafi2 relat+ to block+ prop]ty (      
additional p]sons contribut+ to !       
situation 9 ,ukra9e74  7,d7 ,executive  
,ord] #acfhe 7#gi ,f$4 ,reg4 #ggceg2    
relat+ to block+ prop]ty ( c]ta9 p]sons 
& prohibit+ c]ta9 transactions ) respect
 to ! ,crimea region ( ,ukra9e74  7,e7  
,executive ,ord] #acfid 7#hj ,f$4 ,reg4 
#ahjgg2 relat+ to block+ ! prop]ty (    

c]ta9 p]sons engag+ 9 significant       
malici\s cyb]-enabl$ activities74  7,f7 
,executive ,ord] #acgeg 7#hb ,f$4 ,reg4 
#a2 relat+ to tak+ additional /eps to   
address ! national em]g5cy ) respect to 
significant malici\s cyb]-enabl$        
activities74  7#b7 ,=eign p]son ,! t]m  
=eign p]son has ! mean+ giv5 su* t]m 9  
section #eie4cjd ( title #ca1 ,code (   
,f$]al ,regulations 7z 9 effect on !    
date ( ! enactm5t ( ! ,c\nt]+ ,russian  
,influ5ce 9 ,europe & ,eurasia ,act (   
#bjag74  7#c7 ,/ructur$ ,! t]m /ructur$1
 ) respect to a transaction1 has ! mean+
 giv5 ! t]m /ructure 9 p>agraph 7xx7 (  
section #ajaj4ajj ( title #ca1 ,code (  
,f$]al ,regulations 7or any correspond+ 
simil> regulation or rul+74  #aa4       
,m&atory imposition ( sanctions )       
respect to transactions ) p]sons        
responsible = human rights abuses  7a7  
,9 g5]al ,! ,presid5t %all impose !     
sanctions describ$ 9 subsection 7b7 )   
respect to a =eign p]son if ! ,presid5t 
det]m9es t ! =eign p]son1 bas$ on       

cr$ible in=mation1 on or aft] ! date ( !
 enactm5t ( ! ,c\nt]+ ,russian ,influ5ce
 9 ,europe & ,eurasia ,act ( #bjag--    
7#a7 is responsible =1 complicit 91 or  
responsible = ord]+1 controll+1 or      
o!rwise direct+1 ! commission ( s]i\s   
human rights abuses 9 any t]ritory      
=cibly occupi$ or o!rwise controll$ by !
 ,gov]nm5t ( ! ,russian ,f$]ation2  7#b7
 mat]ially assi/s1 sponsors1 or provides
 f9ancial1 mat]ial1 or te*nological     
support =1 or goods or s]vices to1 a    
=eign p]son describ$ 9 p>agraph 7#a72 or
  7#c7 is own$ or controll$ by1 or acts 
or purports to act = or on behalf (1    
directly or indirectly1 a =eign p]son   
describ$ 9 p>agraph 7#a74  7b7          
,sanctions describ$  7#a7 ,asset block+ 
,! ex]cise ( all p[]s grant$ to !       
,presid5t by ! ,int]national ,em]g5cy   
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja et seq47 to ! ext5t necess>y to   
block & prohibit all transactions 9 all 
prop]ty & int]e/s 9 prop]ty ( a p]son   
det]m9$ by ! ,presid5t to be subject to 

subsection 7a7 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 ,exclusion f ! ,unit$      
,/ates & revocation ( visa or o!r       
docum5tation ,9 ! case ( an ali5 det]m9$
 by ! ,presid5t to be subject to        
subsection 7a71 d5ial ( a visa to1 &    
exclusion f ! ,unit$ ,/ates (1 ! ali51 &
 revocation 9 accordance ) section      
#bba7;i7 ( ! ,immigration & ,nationality
 ,act 7#h ,u4,s4,c4 #abja7;i771 ( any   
visa or o!r docum5tation ( ! ali54  7c7 
,application ( new sanctions ,!         
,presid5t may waive ! initial           
application ( sanctions "u subsection   
7b7 ) respect to a p]son only if !      
,presid5t submits to ! appropriate      
congressional committees--  7#a7 a      
writt5 det]m9ation t ! waiv]-- 7,a7 is 9
 ! vital national security int]e/s ( !  
,unit$ ,/ates2 or  7,b7 w fur!r !       
en=cem5t ( ?is ,act2 &  7#b7 a          
c]tification t ! ,gov]nm5t ( ! ,russian 

,f$]ation has made ef=ts to r$uce s]i\s 
human rights abuses 9 t]ritory =cibly   
occupi$ or o!rwise controll$ by t       
gov]nm5t4  7d7 ,implem5tation2 p5alties 
7#a7 ,implem5tation ,! ,presid5t may    
ex]cise all au?orities provid$ to !     
,presid5t "u sections #bjc & #bje ( !   
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agjb & #agjd7 to   
c>ry out subsection 7b77#a74  7#b7      
,p5alties ,a p]son t violates1 attempts 
to violate1 conspires to violate1 or    
causes a violation ( subsection 7b77#a7 
or any regulation1 lic5se1 or ord] issu$
 to c>ry out subsection 7b77#a7 %all be 
subject to ! p5alties set =? 9          
subsections 7b7 & 7c7 ( section #bjf ( !
 ,int]national ,em]g5cy ,economic ,p[]s 
,act 7#ej ,u4,s4,c4 #agje7 to ! same    
ext5t z a p]son t commits an unlawful   
act describ$ 9 subsection 7a7 ( t       
section4  7e7 ,t]m9ation ,subject to    
section #baf ( ! ,russia ,sanctions     
,review ,act ( #bjag1 ! ,presid5t may   
t]m9ate ! application ( sanctions "u    

subsection 7b7 ) respect to a p]son if !
 ,presid5t submits to ! appropriate     
congressional committees--  7#a7 a      
notice ( & ju/ification = ! t]m9ation2 &
  7#b7 a notice--  7,a7 t-- 7i7 ! p]son 
is n engag+ 9 ! activity t 0 ! basis = !
 sanctions or has tak5 significant      
v]ifiable /eps t[>d /opp+ ! activity2 & 
7ii7 ! ,presid5t has receiv$ reliable   
assurances t ! p]son w n kn[+ly engage 9
 activity subject to sanctions "u       
subsection 7a7 9 ! future2 or  7,b7 t ! 
,presid5t det]m9es t insuffici5t basis  
exi/s = ! det]m9ation by ! ,presid5t "u 
subsection 7a7 ) respect to ! p]son4  4 
7b7 ,def9ition ( appropriate            
congressional committees ,section #b7b7 
( ! ,support = ! ,sov]eignty1           
,integrity1 ,democracy1 & ,economic     
,/ability ( ,ukra9e ,act ( #bjad 7#bb   
,u4,s4,c4 #hija7b77 is am5d$--  7#a7 9  
subp>agraph 7,a71 by ins]t+ ! ,committee
 on ,bank+1 ,h\s+1 & ,urban ,affairs1   
be=e ! ,committee on ,=eign ,relations2 
&  7#b7 9 subp>agraph 7,b71 by ins]t+ ! 

,committee on ,f9ancial ,s]vices be=e ! 
,committee on ,=eign ,affairs4  #bbi4   
,notifications to ,congress "u ,ukra9e  
,fre$om ,support ,act ( #bjad  7a7      
,sanctions relat+ to def5se & en]gy     
sectors ( ! ,russian ,f$]ation ,section 
#d ( ! ,ukra9e ,fre$om ,support ,act (  
#bjad 7#bb ,u4,s4,c4 #hibc7 is am5d$--  
7#a7 by r$esignat+ subsections 7g7 & 7h7
 z subsections 7h7 & 7i71 respectively2 
7#b7 by ins]t+ aft] subsection 7f7 !    
foll[+3  7g7 ,notifications &           
c]tifications to ,congress  7#a7        
,imposition ( sanctions ,! ,presid5t    
%all notify ! appropriate congressional 
committees 9 writ+ n lat] ?an #ae days  
aft] impos+ sanctions ) respect to a    
=eign p]son "u subsection 7a7 or 7b74   
7#b7 ,t]m9ation ( sanctions ) respect to
 ,russian produc]s1 transf]ors1 or      
brok]s ( def5se articles ,subject to    
section #baf ( ! ,russia ,sanctions     
,review ,act ( #bjag1 ! ,presid5t may   
t]m9ate ! imposition ( sanctions "u     
subsection 7a77#b7 ) respect to a =eign 

p]son if ! ,presid5t submits to !       
appropriate congressional committees--  
7,a7 a notice ( & ju/ification = !      
t]m9ation2 &  7,b7 a notice t--  7i7 !  
=eign p]son is n engag+ 9 ! activity t 0
 ! basis = ! sanctions or has tak5      
significant v]ifiable /eps t[>d /opp+ ! 
activity2 &  7ii7 ! ,presid5t has       
receiv$ reliable assurances t ! =eign   
p]son w n kn[+ly engage 9 activity      
subject to sanctions "u subsection      
7a77#b7 9 ! future4  2 &  7#c7 9        
subp>agraph 7,b77ii7 ( subsection       
7a77#c71 by /rik+ subsection 7h7 &      
ins]t+ subsection 7i74  7b7 ,sanctions  
on ,russian & o!r =eign f9ancial        
in/itutions ,section #e ( ! ,ukra9e     
,fre$om ,support ,act ( #bjad 7#bb      
,u4,s4,c4 #hibd7 is am5d$--  7#a7 by    
r$esignat+ subsections 7e7 & 7f7 z      
subsections 7f7 & 7g71 respectively2    
7#b7 by ins]t+ aft] subsection 7d7 !    
foll[+3  7e7 ,notification to ,congress 
on imposition ( sanctions ,! ,presid5t  
%all notify ! appropriate congressional 

committees 9 writ+ n lat] ?an #ae days  
aft] impos+ sanctions ) respect to a    
=eign f9ancial in/itution "u subsection 
7a7 or 7b74  2 &  7#c7 9 subsection 7g71
 z r$esignat$ by p>agraph 7#a71 by /rik+
 section #d7;h7 & ins]t+ section #d7;i74
  #bcj4 ,/&>ds = t]m9ation ( c]ta9      
sanctions ) respect to ! ,russian       
,f$]ation  7a7 ,sanctions relat+ to     
und]m9+ ! peace1 security1 /ability1    
sov]eignty1 or t]ritorial integrity (   
,ukra9e ,section #h ( ! ,sov]eignty1    
,integrity1 ,democracy1 & ,economic     
,/ability ( ,ukra9e ,act ( #bjad 7#bb   
,u4,s4,c4 #hijg7 is am5d$--  7#a7 by    
r$esignat+ subsection 7d7 z subsection  
7e72 &  7#b7 by ins]t+ aft] subsection  
7c7 ! foll[+3  7d7 ,t]m9ation ,subject  
to section #baf ( ! ,russia ,sanctions  
,review ,act ( #bjag1 ! ,presid5t may   
t]m9ate ! application ( sanctions "u    
subsection 7b7 ) respect to a p]son if !
 ,presid5t submits to ! appropriate     
congressional committees a notice t--   
7#a7 ! p]son is n engag+ 9 ! activity t 

0 ! basis = ! sanctions or has tak5     
significant v]ifiable /eps t[>d /opp+ ! 
activity2 &  7#b7 ! ,presid5t has       
receiv$ reliable assurances t ! p]son w 
n kn[+ly engage 9 activity subject to   
sanctions "u subsection 7a7 9 ! future4 
4  7b7 ,sanctions relat+ to corruption  
,section #i ( ! ,sov]eignty1 ,integrity1
 ,democracy1 & ,economic ,/ability (    
,ukra9e ,act ( #bjad 7#bb ,u4,s4,c4     
#hijh7 is am5d$--  7#a7 by r$esignat+   
subsection 7d7 z subsection 7e72 &  7#b7
 by ins]t+ aft] subsection 7c7 ! foll[+3
  7d7 ,t]m9ation ,subject to section    
#baf ( ! ,russia ,sanctions ,review ,act
 ( #bjag1 ! ,presid5t may t]m9ate !     
application ( sanctions "u subsection   
7b7 ) respect to a p]son if ! ,presid5t 
submits to ! appropriate congressional  
committees a notice t--  7#a7 ! p]son is
 n engag+ 9 ! activity t 0 ! basis = !  
sanctions or has tak5 significant       
v]ifiable /eps t[>d /opp+ ! activity2 & 
7#b7 ! ,presid5t has receiv$ reliable   
assurances t ! p]son w n kn[+ly engage 9

 activity subject to sanctions "u       
subsection 7a7 9 ! future4  4  #bca4    
,imposition ( sanctions ) respect to    
p]sons engag+ 9 transactions ) !        
intellig5ce or def5se sectors ( !       
,gov]nm5t ( ! ,russian ,f$]ation  7a7 ,9
 g5]al ,on & aft] ! date t is #ahj days 
aft] ! date ( ! enactm5t ( ?is ,act1 !  
,presid5t %all impose #e or m ( !       
sanctions describ$ 9 section #bce )     
respect to a p]son ! ,presid5t det]m9es 
kn[+ly1 on or aft] su* date ( enactm5t1 
engages 9 a significant transaction ) a 
p]son t is "p (1 or op]ates = or on     
behalf (1 ! def5se or intellig5ce       
sectors ( ! ,gov]nm5t ( ! ,russian      
,f$]ation1 includ+ ! ,ma9 ,intellig5ce  
,ag5cy ( ! ,g5]al ,/aff ( ! ,arm$ ,=ces 
( ! ,russian ,f$]ation or ! ,f$]al      
,security ,s]vice ( ! ,russian          
,f$]ation4  7b7 ,application ( new      
sanctions ,! ,presid5t may waive !      
initial application ( sanctions "u      
subsection 7a7 ) respect to a p]son only
 if ! ,presid5t submits to ! appropriate

 congressional committees--  7#a7 a     
writt5 det]m9ation t ! waiv]-- 7,a7 is 9
 ! vital national security int]e/s ( !  
,unit$ ,/ates2 or  7,b7 w fur!r !       
en=cem5t ( ?is title2 &  7#b7 a         
c]tification t ! ,gov]nm5t ( ! ,russian 
,f$]ation has made significant ef=ts to 
r$uce ! numb] & int5sity ( cyb]         
intrusions conduct$ by t gov]nm5t4      
#bcb4 ,sanctions ) respect to !         
developm5t ( pipel9es 9 ! ,russian      
,f$]ation  7a7 ,9 g5]al ,! ,presid5t may
 impose #e or m ( ! sanctions describ$ 9
 section #bce ) respect to a p]son if ! 
,presid5t det]m9es t ! p]son kn[+ly1 on 
or aft] ! date ( ! enactm5t ( ?is ,act1 
makes an inve/m5t describ$ 9 subsection 
7b7 or sells1 leases1 or provides to !  
,russian ,f$]ation1 = ! con/ruction (   
,russian en]gy export pipel9es1 goods1  
s]vices1 te*nology1 in=mation1 or       
support describ$ 9 subsection 7c7--     
7#a7 any ( :i* has a fair m>ket value ( 
#a1jjj1jjj or m2 or  7#b7 t1 dur+ a     
#ab-mon? p]iod1 h an aggregate fair     

m>ket value ( #e1jjj1jjj or m4  7b7     
,inve/m5t describ$ ,an inve/m5t describ$
 9 ?is subsection is an inve/m5t t      
directly & significantly contributes to 
! enhancem5t ( ! ability ( ! ,russian   
,f$]ation to con/ruct en]gy export      
pipel9es4  7c7 ,goods1 s]vices1         
te*nology1 in=mation1 or support        
describ$ ,goods1 s]vices1 te*nology1    
in=mation1 or support describ$ 9 ?is    
subsection are goods1 s]vices1          
te*nology1 in=mation1 or support t c\ld 
directly & significantly facilitate !   
ma9t5ance or expansion ( ! con/ruction1 
mod]nization1 or repair ( en]gy pipel9es
 by ! ,russian ,f$]ation4  #bcc4        
,sanctions ) respect to inve/m5t 9 or   
facilitation ( privatization ( /ate-own$
 assets by ! ,russian ,f$]ation  7a7 ,9 
g5]al ,! ,presid5t %all impose #e or m (
 ! sanctions describ$ 9 section #bce if 
! ,presid5t det]m9es t a p]son1 ) actual
 k1 on or aft] ! date ( ! enactm5t ( ?is
 ,act1 makes an inve/m5t ( #aj1jjj1jjj  
or m 7or any comb9ation ( inve/m5ts ( n 

less ?an #a1jjj1jjj ea*1 :i* 9 !        
aggregate equals or exce$s #aj1jjj1jjj 9
 any #ab-mon? p]iod71 or facilitates su*
 an inve/m5t1 if ! inve/m5t directly &  
significantly contributes to ! ability (
 ! ,russian ,f$]ation to privatize      
/ate-own$ assets 9 a mann] t unju/ly    
b5efits--  7#a7 (ficials ( ! ,gov]nm5t (
 ! ,russian ,f$]ation2 or  7#b7 close   
associates or family memb]s ( ^?        
(ficials4  7b7 ,application ( new       
sanctions ,! ,presid5t may waive !      
initial application ( sanctions "u      
subsection 7a7 ) respect to a p]son only
 if ! ,presid5t submits to ! appropriate
 congressional committees--  7#a7 a     
writt5 det]m9ation t ! waiv]-- 7,a7 is 9
 ! vital national security int]e/s ( !  
,unit$ ,/ates2 or  7,b7 w fur!r !       
en=cem5t ( ?is title2 &  7#b7 a         
c]tification t ! ,gov]nm5t ( ! ,russian 
,f$]ation is tak+ /eps to implem5t !    
,m9sk ,agreem5t to address ! ongo+      
conflict 9 ea/]n ,ukra9e1 sign$ 9 ,m9sk1
 ,bel>us1 on ,febru>y #aa1 #bjae1 by !  

lead]s ( ,ukra9e1 ,russia1 ,france1 &   
,g]many1 ! ,m9sk ,protocol1 :i* 0 agre$ 
to on ,septemb] #e1 #bjad1 & any        
successor agreem5ts t are agre$ to by ! 
,gov]nm5t ( ,ukra9e4  #bcd4 ,sanctions )
 respect to ! transf] ( arms & relat$   
mat]iel to ,syria  7a7 ,imposition (    
sanctions  7#a7 ,9 g5]al ,! ,presid5t   
%all impose on a =eign p]son ! sanctions
 describ$ 9 subsection 7b7 if !         
,presid5t det]m9es t su* =eign p]son    
has1 on or aft] ! date ( ! enactm5t (   
?is ,act1 kn[+ly export$1 transf]r$1 or 
o!rwise provid$ to ,syria significant   
f9ancial1 mat]ial1 or te*nological      
support t contributes mat]ially to !    
ability ( ! ,gov]nm5t ( ,syria to--     
7,a7 acquire or develop *emical1        
biological1 or nucle> weapons or relat$ 
te*nologies2  7,b7 acquire or develop   
balli/ic or cruise missile capabilities2
  7,c7 acquire or develop de/abiliz+    
numb]s & types ( advanc$ conv5tional    
weapons2  7,d7 acquire significant      
def5se articles1 def5se s]vices1 or     

def5se in=mation 7z su* t]ms are def9$  
"u ! ,arms ,export ,control ,act 7#bb   
,u4,s4,c4 #bgea et seq4772 or  7,e7     
acquire items designat$ by ! ,presid5t =
 purposes ( ! ,unit$ ,/ates ,munitions  
,li/ "u section #ch7;a77#a7 ( ! ,arms   
,export ,control ,act 7#bb ,u4,s4,c4    
#bggh7;a77#a774  7#b7 ,applicability to 
o!r =eign p]sons ,! sanctions describ$ 9
 subsection 7b7 %all also be impos$ on  
any =eign p]son t-- 7,a7 is a successor 
entity to a =eign p]son describ$ 9      
p>agraph 7#a72 or  7,b7 is own$ or      
controll$ by1 or has act$ = or on behalf
 (1 a =eign p]son describ$ 9 p>agraph   
7#a74  7b7 ,sanctions describ$ ,!       
sanctions to be impos$ on a =eign p]son 
describ$ 9 subsection 7a7 are ! foll[+3 
7#a7 ,block+ ( prop]ty ,! ,presid5t %all
 ex]cise all p[]s grant$ by !           
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq47      
7except t ! requirem5ts ( section #bjb (
 su* ,act 7#ej ,u4,s4,c4 #agja7 %all n  
apply7 to ! ext5t necess>y to block &   

prohibit all transactions 9 all prop]ty 
& int]e/s 9 prop]ty ( ! =eign p]son 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  
,ali5s ineligible = visas1 admission1 or
 p>ole  7,a7 ,exclusion f ! ,unit$      
,/ates ,if ! =eign p]son is an          
individual1 ! ,secret>y ( ,/ate %all d5y
 a visa to1 & ! ,secret>y ( ,homel&     
,security %all exclude f ! ,unit$       
,/ates1 ! =eign p]son4  7,b7 ,curr5t    
visas revok$  7i7 ,9 g5]al ,! issu+     
consul> (fic]1 ! ,secret>y ( ,/ate1 or !
 ,secret>y ( ,homel& ,security 7or a    
designee ( "o ( su* ,secret>ies7 %all   
revoke any visa or o!r entry            
docum5tation issu$ to ! =eign p]son     
reg>dless ( :5 issu$4  7ii7 ,effect (   
revocation ,a revocation "u clause 7i7  
%all take effect imm$iately & %all      
automatically cancel any o!r valid visa 
or entry docum5tation t is 9 !          
possession ( ! =eign p]son4  7c7 ,waiv] 

,subject to section #baf1 ! ,presid5t   
may waive ! application ( sanctions "u  
subsection 7b7 ) respect to a p]son if !
 ,presid5t det]m9es t su* a waiv] is 9 !
 national security int]e/ ( ! ,unit$    
,/ates4  7d7 ,def9itions ,9 ?is section3
 7#a7 ,f9ancial1 mat]ial1 or            
te*nological support ,! t]m f9ancial1   
mat]ial1 or te*nological support has !  
mean+ giv5 su* t]m 9 section #edb4cjd ( 
title #ca1 ,code ( ,f$]al ,regulations  
7or any correspond+ simil> regulation or
 rul+74  7#b7 ,=eign p]son ,! t]m =eign 
p]son has ! mean+ giv5 su* t]m 9 section
 #eid4cjd ( title #ca1 ,code ( ,f$]al   
,regulations 7or any correspond+ simil> 
regulation or rul+74  7#c7 ,syria ,! t]m
 ,syria has ! mean+ giv5 su* t]m 9      
section #edb4caf ( title #ca1 ,code (   
,f$]al ,regulations 7or any correspond+ 
simil> regulation or rul+74  #bce4      
,sanctions describ$  7a7 ,sanctions     
describ$ ,! sanctions to be impos$ )    
respect to a p]son "u section           
#bbd7;a77#b71 #bca7;b71 #bcb7;a71 or    

#bcc7;a7 are ! foll[+3  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 ! 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 ! sanction$ p]son "u--     
7,a7 ! ,export ,adm9i/ration ,act (     
#aigi 7#ej ,u4,s4,c4 #dfja et seq47 7z  
cont9u$ 9 effect pursuant to !          
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq4772    
7,b7 ! ,arms ,export ,control ,act 7#bb 
,u4,s4,c4 #bgea et seq472  7,c7 !       
,atomic ,en]gy ,act ( #aied 7#db        
,u4,s4,c4 #bjaa et seq472 or  7,d7 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 ,! ,presid5t 
may prohibit any ,unit$ ,/ates f9ancial 
in/itution f mak+ loans or provid+      
cr$its to ! sanction$ p]son total+ m ?an
 #aj1jjj1jjj 9 any #ab-mon? p]iod unless
 ! p]son is engag$ 9 activities to      
relieve human suff]+ & ! loans or cr$its
 are provid$ = su* activities4  7#d7    
,loans f int]national f9ancial          
in/itutions ,! ,presid5t may direct !   
,unit$ ,/ates executive director to ea* 
int]national f9ancial in/itution to use 
! voice & vote ( ! ,unit$ ,/ates to     
oppose any loan f ! int]national        
f9ancial in/itution t w\ld b5efit !     
sanction$ p]son4  7#e7 ,prohibitions on 
f9ancial in/itutions ,! foll[+          
prohibitions may be impos$ aga9/ !      
sanction$ p]son if t p]son is a f9ancial
 in/itution3  7,a7 ,prohibition on      
designation z prim>y deal] ,nei!r !     
,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve    

,sy/em nor ! ,f$]al ,res]ve ,bank ( ,new
 ,york may designate1 or p]mit !        
cont9uation ( any prior designation (1 !
 f9ancial in/itution z a prim>y deal] 9 
,unit$ ,/ates ,gov]nm5t debt in/rum5ts4 
7,b7 ,prohibition on s]vice z a         
repository ( gov]nm5t funds ,! 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           
subp>agraph 7,a7 or 7,b7 %all be treat$ 
z #a sanction = purposes ( subsection   
7b71 & ! imposition ( bo? su* sanctions 
%all be treat$ z #b sanctions = purposes
 ( subsection 7b74  7#f7 ,procurem5t    
sanction ,! ,unit$ ,/ates ,gov]nm5t may 
n procure1 or ent] into any contract = !
 procurem5t (1 any goods or s]vices f ! 
sanction$ p]son4  7#g7 ,=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#h7 ,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#i7 ,prop]ty       
transactions ,! ,presid5t may1 pursuant 
to su* regulations z ! ,presid5t may    
prescribe1 prohibit any p]son f--  7,a7 
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  7,b7 deal+ 9 or ex]cis+ any   
"r1 p[]1 or privilege ) respect to su*  
prop]ty2 or  7,c7 conduct+ any          
transaction involv+ su* prop]ty4  7#aj7 
,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 ( ! sanction$ p]son4     
7#aa7 ,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 !     
sanction$ p]son4  7#ab7 ,sanctions on   
pr9cipal executive (fic]s ,! ,presid5t  
may impose on ! pr9cipal executive (fic]
 or (fic]s ( ! sanction$ p]son1 or on   
p]sons p]=m+ simil> functions & ) simil>
 au?orities z su* (fic] or (fic]s1 any (
 ! sanctions "u ?is subsection4  7b7    
,sanction$ p]son def9$ ,9 ?is section1 !
 t]m sanction$ p]son means a p]son      
subject to sanctions "u section         
#bbd7;a77#b71 #bca7;b71 #bcb7;a71 or    
#bcc7;a74  #bcf4 ,exceptions1 waiv]1 &  
t]m9ation  7a7 ,exceptions ,! provisions
 ( ?is "p & am5dm5ts made by ?is "p %all

 n apply ) respect to ! foll[+3  7#a7   
,activities subject to ! report+        
requirem5ts "u title ,v ( ! ,national   
,security ,act ( #aidg 7#ej ,u4,s4,c4   
#cjia et seq471 or any au?oriz$         
intellig5ce activities ( ! ,unit$       
,/ates4  7#b7 ,! admission ( an ali5 to 
! ,unit$ ,/ates if su* admission is     
necess>y to comply ) ,unit$ ,/ates      
obligations "u ! ,agreem5t betwe5 !     
,unit$ ,nations & ! ,unit$ ,/ates (     
,am]ica reg>d+ ! ,headqu>t]s ( ! ,unit$ 
,nations1 sign$ at ,lake ,success ,june 
#bf1 #aidg1 & ent]$ into =ce ,novemb]   
#ba1 #aidg1 "u ! ,conv5tion on ,consul> 
,relations1 done at ,vi5na ,april #bd1  
#aifc1 & ent]$ into =ce ,m>* #ai1 #aifg1
 or "u o!r int]national agreem5ts4  7b7 
,exception relat+ to importation ( goods
 ,no requirem5t to impose sanctions "u  
?is "p or an am5dm5t made by ?is "p %all
 include ! au?ority to impose sanctions 
on ! importation ( goods4  7c7 ,waiv] ( 
sanctions t are impos$ ,subject to      
section #baf1 if ! ,presid5t imposes    

sanctions ) respect to a p]son "u ?is "p
 or ! am5dm5ts made by ?is "p1 !        
,presid5t may waive ! application ( ^?  
sanctions if ! ,presid5t det]m9es t su* 
a waiv] is 9 ! national security int]e/ 
( ! ,unit$ ,/ates4  7d7 ,t]m9ation      
,subject to section #baf1 ! ,presid5t   
may t]m9ate ! application ( sanctions "u
 section #bbd1 #bca1 #bcb1 #bcc1 or #bcd
 ) respect to a p]son if ! ,presid5t    
submits to ! appropriate congressional  
committees--  7#a7 a notice ( &         
ju/ification = ! t]m9ation2 &  7#b7 a   
notice t--  7,a7 ! p]son is n engag+ 9 !
 activity t 0 ! basis = ! sanctions or  
has tak5 significant v]ifiable /eps t[>d
 /opp+ ! activity2 &  7,b7 ! ,presid5t  
has receiv$ reliable assurances t !     
p]son w n kn[+ly engage 9 activity      
subject to sanctions "u ?is "p 9 !      
future4  #bcg4 ,exception relat+ to     
activities ( ! ,national ,a]onautics &  
,space ,adm9i/ration  7a7 ,9 g5]al ,?is 
,act & ! am5dm5ts made by ?is ,act %all 
n apply ) respect to activities ( !     

,national ,a]onautics & ,space          
,adm9i/ration4  7b7 ,rule ( con/ruction 
,no?+ 9 ?is ,act or ! am5dm5ts made by  
?is ,act %all be con/ru$ to au?orize !  
imposition ( any sanction or o!r        
condition1 limitation1 re/riction1 or   
prohibition1 t directly or indirectly   
imp$es ! supply by any entity ( !       
,russian ,f$]ation ( any product or     
s]vice1 or ! procurem5t ( su* product or
 s]vice by any contractor or            
subcontractor ( ! ,unit$ ,/ates or any  
o!r entity1 relat+ to or 9 connection ) 
any space laun* conduct$ =--  7#a7 !    
,national ,a]onautics & ,space          
,adm9i/ration2 or  7#b7 any o!r         
non-,dep>tm5t ( ,def5se cu/om]4  #bch4  
,rule ( con/ruction ,no?+ 9 ?is "p or ! 
am5dm5ts made by ?is "p %all be         
con/ru$-- 7#a7 to sup]s$e ! limitations 
or exceptions on ! use ( rocket eng9es =
 national security purposes "u section  
#afjh ( ! ,c>l ,lev9 & ,h[>d ,p4 ,buck  
,mc,keon ,national ,def5se ,au?orization
 ,act = ,fiscal ,ye> #bjae 7,public ,law

 #aac-bia2 #abh ,/at4 #cfbf2 #aj        
,u4,s4,c4 #bbga note71 z am5d$ by       
section #afjg ( ! ,national ,def5se     
,au?orization ,act = ,fiscal ,ye> #bjaf 
7,public ,law #aad-ib2 #abi ,/at4 #aajj7
 & section #afjb ( ! ,national ,def5se  
,au?orization ,act = ,fiscal ,ye> #bjag 
7,public ,law #aad-cbh2 #acj ,/at4      
#behb72 or  7#b7 to prohibit a          
contractor or subcontractor ( !         
,dep>tm5t ( ,def5se f acquir+ compon5ts 
ref]r$ to 9 su* section #afjh4  ,,iii   
,reports  #bda4 ,report on olig>*s &    
p>a/atal entities ( ! ,russian ,f$]ation
  7a7 ,9 g5]al ,n lat] ?an #ahj days    
aft] ! date ( ! enactm5t ( ?is ,act1 !  
,secret>y ( ! ,treasury1 9 consultation 
) ! ,director ( ,national ,intellig5ce &
 ! ,secret>y ( ,/ate1 %all submit to !  
appropriate congressional committees a  
detail$ report on ! foll[+3  7#a7 ,s5ior
 =eign political figures & olig>*s 9 !  
,russian ,f$]ation1 includ+ ! foll[+3   
7,a7 ,an id5tification ( ! mo/          
significant s5ior =eign political       

figures & olig>*s 9 ! ,russian          
,f$]ation1 z det]m9$ by _! clos5ess to !
 ,russian regime & _! net wor?4  7,b7   
,an assessm5t ( ! relation%ip betwe5    
individuals id5tifi$ "u subp>agraph 7,a7
 & ,presid5t ,vladimir ,put9 or o!r     
memb]s ( ! ,russian rul+ elite4  7,c7   
,an id5tification ( any indices (       
corruption ) respect to ^? individuals4 
7,d7 ,! e/imat$ net wor? & kn[n s\rces (
 income ( ^? individuals & _! family    
memb]s 7includ+ sp\ses1 *ildr51 p>5ts1 &
 sibl+s71 includ+ assets1 inve/m5ts1 o!r
 bus9ess int]e/s1 & relevant b5eficial  
own]%ip in=mation4  7,e7 ,an            
id5tification ( ! non-,russian bus9ess  
affiliations ( ^? individuals4  7#b7    
,russian p>a/atal entities1 includ+ an  
assessm5t ( ! foll[+3  7,a7 ,! em]g5ce (
 ,russian p>a/atal entities & _! role 9 
! economy ( ! ,russian ,f$]ation4  7,b7 
,! lead]%ip /ructures & b5eficial       
own]%ip ( ^? entities4  7,c7 ,! scope ( 
! non-,russian bus9ess affiliations ( ^?
 entities4  7#c7 ,! exposure ( key      

economic sectors ( ! ,unit$ ,/ates to   
,russian politically expos$ p]sons &    
p>a/atal entities1 includ+1 at a m9imum1
 ! bank+1 securities1 insurance1 & real 
e/ate sectors4  7#d7 ,! likely effects (
 impos+ debt & equity re/rictions on    
,russian p>a/atal entities1 z well z !  
anticipat$ effects ( add+ ,russian      
p>a/atal entities to ! li/ ( specially  
designat$ nationals & block$ p]sons     
ma9ta9$ by ! ,(fice ( ,=eign ,assets    
,control ( ! ,dep>tm5t ( ! ,treasury4   
7#e7 ,! pot5tial impacts ( impos+       
second>y sanctions ) respect to ,russian
 olig>*s1 ,russian /ate-own$ ent]prises1
 & ,russian p>a/atal entities1 includ+  
impacts on ! entities !mselves & on !   
economy ( ! ,russian ,f$]ation1 z well z
 on ! economies ( ! ,unit$ ,/ates &     
allies ( ! ,unit$ ,/ates4  7b7 ,=m (    
report ,! report requir$ "u subsection  
7a7 %all be submitt$ 9 an unclassifi$   
=m1 b may conta9 a classifi$ annex4  7c7
 ,def9itions ,9 ?is section3 7#a7       
,appropriate congressional committees ,!

 t]m appropriate congressional          
committees means--  7,a7 ! ,committee on
 ,bank+1 ,h\s+1 & ,urban ,affairs1 !    
,committee on ,=eign ,relations1 & !    
,committee on ,f9ance ( ! ,s5ate2 &     
7,b7 ! ,committee on ,=eign ,affairs1 ! 
,committee on ,f9ancial ,s]vices1 & !   
,committee on ,ways & ,means ( ! ,h\se (
 ,repres5tatives4  7#b7 ,s5ior =eign    
political figure ,! t]m s5ior =eign     
political figure has ! mean+ giv5 t t]m 
9 section #ajaj4fje ( title #ca1 ,code (
 ,f$]al ,regulations 7or any correspond+
 simil> regulation or rul+74  #bdb4     
,report on effects ( exp&+ sanctions to 
include sov]eign debt & d]ivative       
products  7a7 ,9 g5]al ,n lat] ?an #ahj 
days aft] ! date ( ! enactm5t ( ?is     
,act1 ! ,secret>y ( ! ,treasury1 9      
consultation ) ! ,director ( ,national  
,intellig5ce & ! ,secret>y ( ,/ate1 %all
 submit to ! appropriate congressional  
committees a report describ+ 9 detail ! 
pot5tial effects ( exp&+ sanctions "u   
,directive #a 7z am5d$71 dat$ ,septemb] 

#ab1 #bjad1 issu$ by ! ,(fice ( ,=eign  
,assets ,control "u ,executive ,ord]    
#acffb 7#gi ,f$4 ,reg4 #afafi2 relat+ to
 block+ prop]ty ( additional p]sons     
contribut+ to ! situation 9 ,ukra9e71 or
 any successor directive1 to include    
sov]eign debt & ! full range ( d]ivative
 products4  7b7 ,=m ( report ,! report  
requir$ "u subsection 7a7 %all be       
submitt$ 9 an unclassifi$ =m1 b may     
conta9 a classifi$ annex4  7c7          
,appropriate congressional committees   
def9$ ,9 ?is section1 ! t]m appropriate 
congressional committees means-- 7#a7 ! 
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs1 ! ,committee on ,=eign        
,relations1 & ! ,committee on ,f9ance ( 
! ,s5ate2 &  7#b7 ! ,committee on ,=eign
 ,affairs1 ! ,committee on ,f9ancial    
,s]vices1 & ! ,committee on ,ways &     
,means ( ! ,h\se ( ,repres5tatives4     
#bdc4 ,report on illicit f9ance relat+  
to ! ,russian ,f$]ation  7a7 ,9 g5]al ,n
 lat] ?an "o ye> aft] ! date ( !        
enactm5t ( ?is ,act1 & n lat] ?an ! end 

( ea* "o-ye> p]iod !reaft] until #bjba1 
! ,secret>y ( ! ,treasury %all submit to
 ! appropriate congressional committees 
a report describ+ int]ag5cy ef=ts 9 !   
,unit$ ,/ates to combat illicit f9ance  
relat+ to ! ,russian ,f$]ation4  7b7    
,elem5ts ,! report requir$ by subsection
 7a7 %all conta9 a summ>y ( ef=ts by !  
,unit$ ,/ates to d ! foll[+3  7#a7      
,id5tify1 inve/igate1 map1 & disrupt    
illicit f9ancial fl[s l9k$ to ! ,russian
 ,f$]ation if su* fl[s affect ! ,unit$  
,/ates f9ancial sy/em or ^? ( major     
allies ( ! ,unit$ ,/ates4  7#b7 ,conduct
 outrea* to ! private sector1 includ+   
in=mation %>+ ef=ts to /r5g!n compliance
 ef=ts by entities1 includ+ f9ancial    
in/itutions1 to prev5t illicit f9ancial 
fl[s describ$ 9 p>agraph 7#a74  7#c7    
,engage & coord9ate ) alli$ int]national
 p>tn]s on illicit f9ance1 especially 9 
,europe1 to coord9ate ef=ts to uncov] & 
prosecute ! networks responsible =      
illicit f9ancial fl[s describ$ 9        
p>agraph 7#a71 includ+ examples ( t     

engagem5t & coord9ation4  7#d7 ,id5tify 
=eign sanctions evad]s & loopholes )9 ! 
sanctions regimes ( =eign p>tn]s ( !    
,unit$ ,/ates4  7#e7 ,exp& ! numb] (    
real e/ate geographic t>get+ ord]s or   
o!r regulatory actions1 z appropriate1  
to degrade illicit f9ancial activity    
relat+ to ! ,russian ,f$]ation 9        
relation to ! f9ancial sy/em ( ! ,unit$ 
,/ates4  7#f7 ,provide support to c\nt] 
^? involv$ 9 illicit f9ance relat+ to ! 
,russian ,f$]ation across all           
appropriate law en=cem5t1 intellig5ce1  
regulatory1 & f9ancial au?orities ( !   
,f$]al ,gov]nm5t1 includ+ by impos+     
sanctions ) respect to or prosecut+ ^?  
involv$4  7#g7 ,9 ! case ( ! ,dep>tm5t (
 ! ,treasury & ! ,dep>tm5t ( ,ju/ice1   
inve/igate or o!rwise develop major     
cases1 includ+ a description ( ^? cases4
  7c7 ,brief+ ,aft] submitt+ a report "u
 ?is section1 ! ,secret>y ( ! ,treasury 
%all provide brief+s to ! appropriate   
congressional committees ) respect to t 
report4  7d7 ,coord9ation ,! ,secret>y (

 ! ,treasury %all coord9ate ) !         
,attorney ,g5]al1 ! ,director (         
,national ,intellig5ce1 ! ,secret>y (   
,homel& ,security1 & ! ,secret>y ( ,/ate
 9 prep>+ ea* report "u ?is section4    
7e7 ,=m ,ea* report submitt$ "u ?is     
section %all be submitt$ 9 unclassifi$  
=m1 b may conta9 a classifi$ annex4  7f7
 ,def9itions ,9 ?is section3 7#a7       
,appropriate congressional committees ,!
 t]m appropriate congressional          
committees means--  7,a7 ! ,committee on
 ,bank+1 ,h\s+1 & ,urban ,affairs1 !    
,committee on ,=eign ,relations1 & !    
,committee on ,f9ance ( ! ,s5ate2 &     
7,b7 ! ,committee on ,=eign ,affairs1 ! 
,committee on ,f9ancial ,s]vices1 & !   
,committee on ,ways & ,means ( ! ,h\se (
 ,repres5tatives4  7#b7 ,illicit f9ance 
,! t]m illicit f9ance means ! f9anc+ (  
t]rorism1 n>cotics traffick+1 or        
prolif]ation1 money laund]+1 or o!r =ms 
( illicit f9anc+ dome/ically or         
int]nationally1 z def9$ by ! ,presid5t4 
,b ,c\nt]+ ,russian influ5ce 9 ,europe &

 ,eurasia  #bea4 ,f9d+s ,congress makes 
! foll[+ f9d+s3 7#a7 ,! ,gov]nm5t ( !   
,russian ,f$]ation has s\ght to ex]t    
influ5ce ?r\gh\t ,europe & ,eurasia1    
includ+ 9 ! =m] /ates ( ! ,soviet       
,union1 by provid+ res\rces to political
 p>ties1 ?9k tanks1 & civil society     
gr\ps t s[ di/ru/ 9 democratic          
in/itutions & actors1 promote x5ophobic 
& illib]al views1 & o!rwise und]m9e     
,european unity4 ,! ,gov]nm5t ( !       
,russian ,f$]ation has also engag$ 9    
well-docum5t$ corruption practices z a  
means t[>d und]m9+ & buy+ influ5ce 9    
,european & ,eurasian c\ntries4  7#b7 ,!
 ,gov]nm5t ( ! ,russian ,f$]ation has   
l>gely elim9at$ a once-vibrant          
,russian-language indep5d5t m$ia sector 
& sev]ely curtails free & indep5d5t m$ia
 )9 ! bord]s ( ! ,russian ,f$]ation4    
,russian-language m$ia organizations t  
are fund$ & controll$ by ! ,gov]nm5t ( !
 ,russian ,f$]ation & dissem9ate        
in=mation )9 & outside ( ! ,russian     
,f$]ation r\t9ely traffic 9 anti-,we/]n 

dis9=mation1 :ile few indep5d5t1        
fact-bas$ m$ia s\rces provide objective 
report+ = ,russian-speak+ audi5ces      
inside or outside ( ! ,russian          
,f$]ation4  7#c7 ,! ,gov]nm5t ( !       
,russian ,f$]ation cont9ues to violate  
its commitm5ts "u ! ,memor&um on        
,security ,assurances 9 connection )    
,ukra9e's ,accession to ! ,treaty on !  
,non-,prolif]ation ( ,nucle> ,weapons1  
done at ,budape/ ,decemb] #e1 #aiid1 & !
 ,conf]5ce on ,security & ,co-op]ation 9
 ,europe ,f9al ,act1 conclud$ at        
,hels9ki ,augu/ #a1 #aige 7commonly     
ref]r$ to z ! ,hels9ki ,f9al ,act71 :i* 
laid ! gr\nd-"w = ! e/abli%m5t ( !      
,organization = ,security & ,co-op]ation
 9 ,europe1 ( :i* ! ,russian ,f$]ation  
is a memb]1 by its illegal annexation ( 
,crimea 9 #bjad1 its illegal occupation 
( ,s\? ,ossetia & ,abkhazia 9 ,georgia 9
 #bjjh1 & its ongo+ de/abiliz+          
activities 9 ea/]n ,ukra9e4  7#d7 ,!    
,gov]nm5t ( ! ,russian ,f$]ation        
cont9ues to ignore ! t]ms ( ! ,augu/    

#bjjh ceasefire agreem5t relat+ to      
,georgia1 :i* requires ! )drawal (      
,russian ,f$]ation troops1 free access  
by humanit>ian gr\ps to ! regions ( ,s\?
 ,ossetia & ,abkhazia1 & monitor+ ( !   
conflict areas by ! ,european ,union    
,monitor+ ,mission4  7#e7 ,! ,gov]nm5t (
 ! ,russian ,f$]ation is fail+ to comply
 ) ! t]ms ( ! ,m9sk ,agreem5t to address
 ! ongo+ conflict 9 ea/]n ,ukra9e1 sign$
 9 ,m9sk1 ,bel>us1 on ,febru>y #aa1     
#bjae1 by ! lead]s ( ,ukra9e1 ,russia1  
,france1 & ,g]many1 z well z ! ,m9sk    
,protocol1 :i* 0 agre$ to on ,septemb]  
#e1 #bjad4  7#f7 ,! ,gov]nm5t ( !       
,russian ,f$]ation is-- 7,a7 9 violation
 ( ! ,treaty betwe5 ! ,unit$ ,/ates (   
,am]ica & ! ,union ( ,soviet ,sociali/  
,republics on ! ,elim9ation ( _!        
,int]m$iate-,range & ,%ort]-,range      
,missiles1 sign$ at ,wa%+ton ,decemb]   
#h1 #aihg1 & ent]$ into =ce ,june #a1   
#aihh 7commonly kn[n z ! ,,inf ,treaty72
 &  7,b7 fail+ to meet its obligations  
"u ! ,treaty on ,op5 ,skies1 done at    

,hels9ki ,m>* #bd1 #aiib1 & ent]$ into  
=ce ,janu>y #a1 #bjjb 7commonly kn[n z !
 ,op5 ,skies ,treaty74  #beb4 ,s5se (   
,congress ,x is ! s5se ( ,congress t--  
7#a7 ! ,gov]nm5t ( ! ,russian ,f$]ation 
be>s responsibility = ! cont9u+ viol5ce 
9 ,ea/]n ,ukra9e1 includ+ ! dea? on     
,april #bd1 #bjag1 ( ,joseph ,/one1 a   
citiz5 ( ! ,unit$ ,/ates work+ z a      
monitor = ! ,organization = ,security & 
,co-op]ation 9 ,europe2  7#b7 !         
,presid5t %\ld call on ! ,gov]nm5t ( !  
,russian ,f$]ation-- 7,a7 to )draw all (
 its =ces f ! t]ritories ( ,georgia1    
,ukra9e1 & ,moldova2  7,b7 to return    
control ( ! bord]s ( ^? t]ritories to _!
 respective gov]nm5ts2 &  7,c7 to cease 
all ef=ts to und]m9e ! popul>ly elect$  
gov]nm5ts ( ^? c\ntries2  7#c7 !        
,gov]nm5t ( ! ,russian ,f$]ation has    
appli$1 & cont9ues to apply1 to !       
c\ntries & peoples ( ,georgia & ,ukra9e1
 traditional uses ( =ce1 intellig5ce    
op]ations1 & influ5ce campaigns1 :i*    
repres5t cle> & pres5t ?reats to !      

c\ntries ( ,europe & ,eurasia2  7#d7 9  
response1 ! c\ntries ( ,europe &        
,eurasia %\ld r$\ble ef=ts to build     
resili5ce )9 _! in/itutions1 political  
sy/ems1 & civil societies2  7#e7 !      
,unit$ ,/ates supports ! in/itutions t !
 ,gov]nm5t ( ! ,russian ,f$]ation seeks 
to und]m9e1 includ+ ! ,nor? ,atlantic   
,treaty ,organization & ! ,european     
,union2  7#f7 a /rong ,nor? ,atlantic   
,treaty ,organization is critical to    
ma9ta9+ peace & security 9 ,europe &    
,eurasia2  7#g7 ! ,unit$ ,/ates %\ld    
cont9ue to "w ) ! ,european ,union z a  
p>tn] aga9/ aggression by ! ,gov]nm5t ( 
! ,russian ,f$]ation1 coord9at+ aid     
programs1 developm5t assi/ance1 & o!r   
c\nt]-,russian ef=ts2  7#h7 ! ,unit$    
,/ates %\ld enc\rage ! e/abli%m5t ( a   
commission = m$ia fre$om )9 ! ,c\ncil ( 
,europe1 model$ on ! ,v5ice ,commission 
reg>d+ rule ( law issues1 t w\ld be     
*>t]$ to provide gov]nm5ts ) exp]t      
recomm5dations on ma9ta9+ legal &       
regulatory regimes supportive ( free &  

indep5d5t m$ia & an in=m$ citiz5ry able 
to di/+ui% betwe5 fact-bas$ report+1    
op9ion1 & dis9=mation2  7#i7 9 addition 
to work+ to /r5g!n ! ,nor? ,atlantic    
,treaty ,organization & ! ,european     
,union1 ! ,unit$ ,/ates %\ld "w ) !     
individual c\ntries ( ,europe &         
,eurasia--  7,a7 to id5tify             
vuln]abilities to aggression1           
dis9=mation1 corruption1 & s-call$      
hybrid w>f>e by ! ,gov]nm5t ( ! ,russian
 ,f$]ation2  7,b7 to e/abli% /rategic & 
te*nical plans = address+ ^?            
vuln]abilities2  7,c7 to ensure t !     
f9ancial sy/ems ( ^? c\ntries are n be+ 
us$ to %ield illicit f9ancial activity  
by (ficials ( ! ,gov]nm5t ( ! ,russian  
,f$]ation or individuals 9 ,presid5t    
,vladimir ,put9's inn] circle :o h be5  
enri*$ ?r\gh corruption2  7,d7 to       
inve/igate & prosecute cases (          
corruption by ,russian actors2 &  7,e7  
to "w t[>d full compliance ) !          
,conv5tion on ,combat+ ,brib]y ( ,=eign 
,public ,(ficials 9 ,int]national       

,bus9ess ,transactions 7commonly ref]r$ 
to z ! ,anti-,brib]y ,conv5tion7 ( !    
,organization = ,economic ,co-op]ation &
 ,developm5t2 &  7#aj7 ! ,presid5t ( !  
,unit$ ,/ates %\ld use ! au?ority ( !   
,presid5t to impose sanctions "u--  7,a7
 ! ,s]gei ,magnitsky ,rule ( ,law       
,acc\ntability ,act ( #bjab 7title ,,iv 
( ,public ,law #aab-bjh2 #bb ,u4,s4,c4  
#ehaa note72 &  7,b7 ! ,global          
,magnitsky ,human ,rights ,acc\ntability
 ,act 7subtitle ,f ( title ,,xii (      
,public ,law #aad-cbh2 #bb ,u4,s4,c4    
#bfef note74  #bec4 ,/atem5t ( policy ,!
 ,unit$ ,/ates1 consi/5t ) ! pr9ciple ( 
ex injuria jus non oritur1 supports !   
policy kn[n z ! ,/imson ,doctr9e & ?us  
does n recognize t]ritorial *anges      
effect$ by =ce1 includ+ ! illegal       
invasions & occupations ( ,abkhazia1    
,s\? ,ossetia1 ,crimea1 ,ea/]n ,ukra9e1 
& ,transni/ria4  #bed4 ,coord9at+ aid & 
assi/ance across ,europe & ,eurasia  7a7
 ,au?orization ( appropriations ,!re are
 au?oriz$ to be appropriat$ = ! ,c\nt]+ 

,russian ,influ5ce ,fund #bej1jjj1jjj = 
fiscal ye>s #bjah & #bjai4  7b7 ,use (  
funds ,am\nts 9 ! ,c\nt]+ ,russian      
,influ5ce ,fund %all be us$ to          
effectively implem5t1 prioritiz$ 9 !    
foll[+ ord] & subject to ! availability 
( funds1 ! foll[+ goals3  7#a7 ,to assi/
 9 protect+ critical infra/ructure &    
electoral me*anisms f cyb]attacks 9 !   
foll[+ c\ntries3  7,a7 ,c\ntries t are  
memb]s ( ! ,nor? ,atlantic ,treaty      
,organization or ! ,european ,union t ! 
,secret>y ( ,/ate det]m9es--  7i7 are   
vuln]able to influ5ce by ! ,russian     
,f$]ation2 &  7ii7 lack ! economic      
capability to effectively respond to    
aggression by ! ,russian ,f$]ation )\t !
 support ( ! ,unit$ ,/ates4  7,b7       
,c\ntries t are p>ticipat+ 9 ! enl>gem5t
 process ( ! ,nor? ,atlantic ,treaty    
,organization or ! ,european ,union1    
includ+ ,albania1 ,bosnia & ,h]zegov9a1 
,georgia1 ,mac$onia1 ,moldova1 ,kosovo1 
,s]bia1 & ,ukra9e4  7#b7 ,to combat     
corruption1 improve ! rule ( law1 &     

o!rwise /r5g!n indep5d5t judici>ies &   
prosecutors g5]al (fices 9 ! c\ntries   
describ$ 9 p>agraph 7#a74  7#c7 ,to     
respond to ! humanit>ian crises &       
in/ability caus$ or aggravat$ by !      
invasions & occupations ( ,georgia &    
,ukra9e by ! ,russian ,f$]ation4  7#d7  
,to improve p>ticipatory legislative    
processes & legal education1 political  
transp>5cy & competition1 & compliance )
 int]national obligations 9 ! c\ntries  
describ$ 9 p>agraph 7#a74  7#e7 ,to     
build ! capacity ( civil society1 m$ia1 
& o!r nongov]nm5tal organizations c\nt]+
 ! influ5ce & propag&a ( ! ,russian     
,f$]ation to combat corruption1         
prioritize access to tru?ful in=mation1 
& op]ate freely 9 all regions 9 !       
c\ntries describ$ 9 p>agraph 7#a74  7#f7
 ,to assi/ ! ,secret>y ( ,/ate 9 execut+
 ! functions specifi$ 9 section         
#abhg7;b7 ( ! ,national ,def5se         
,au?orization ,act = ,fiscal ,ye> #bjag 
7,public ,law #aad-cbh2 #bb ,u4,s4,c4   
#bfef note7 = ! purposes ( recogniz+1   

und]/&+1 expos+1 & c\nt]+ propag&a &    
dis9=mation ef=ts by =eign gov]nm5ts1 9 
coord9ation ) ! relevant regional       
,assi/ant ,secret>y or ,assi/ant        
,secret>ies ( ! ,dep>tm5t ( ,/ate4  7c7 
,revision ( activities = :i* am\nts may 
be us$ ,! ,secret>y ( ,/ate may modify !
 goals describ$ 9 subsection 7b7 if1 n  
lat] ?an #ae days be=e revis+ su* a     
goal1 ! ,secret>y notifies ! appropriate
 congressional committees ( ! revision4 
7d7 ,implem5tation  7#a7 ,9 g5]al ,!    
,secret>y ( ,/ate %all1 act+ ?r\gh !    
,coord9ator ( ,unit$ ,/ates ,assi/ance  
to ,europe & ,eurasia 7au?oriz$ pursuant
 to section #fja ( ! ,support = ,ea/    
,european ,democracy 7,,se$7 ,act (     
#aihi 7#bb ,u4,s4,c4 #edfa7 & section   
#ajb ( ! ,fre$om = ,russia & ,em]g+     
,eurasian ,democracies & ,op5 ,m>kets   
,support ,act ( #aiib 7#bb ,u4,s4,c4    
#ehab771 & 9 consultation ) !           
,adm9i/rator = ! ,unit$ ,/ates ,ag5cy = 
,int]national ,developm5t1 ! ,director (
 ! ,global ,engagem5t ,c5t] ( !         

,dep>tm5t ( ,/ate1 ! ,secret>y (        
,def5se1 ! ,*airman ( ! ,broadca/+ ,bo>d
 ( ,gov]nors1 & ! heads ( o!r relevant  
,f$]al ag5cies1 coord9ate & c>ry out    
activities to a*ieve ! goals describ$ 9 
subsection 7b74  7#b7 ,me?od ,activities
 to a*ieve ! goals describ$ 9 subsection
 7b7 %all be c>ri$ out ?r\gh-- 7,a7     
initiatives ( ! ,unit$ ,/ates ,gov]nm5t2
  7,b7 ,f$]al grant programs su* z !    
,in=mation ,access ,fund2 or  7,c7      
nongov]nm5tal or int]national           
organizations1 su* z ! ,organization =  
,security & ,co-op]ation 9 ,europe1 !   
,national ,end[m5t = ,democracy1 !      
,black ,sea ,tru/1 ! ,balkan ,tru/ =    
,democracy1 ! ,prague ,civil ,society   
,c5tre1 ! ,nor? ,atlantic ,treaty       
,organization ,/rategic ,communications 
,c5tre ( ,excell5ce1 ! ,european        
,end[m5t = ,democracy1 & relat$         
organizations4  7#c7 ,report on         
implem5tation  7,a7 ,9 g5]al ,n lat] ?an
 ,april #a ( ea* ye>1 ! ,secret>y (     
,/ate1 act+ ?r\gh ! ,coord9ator ( ,unit$

 ,/ates ,assi/ance to ,europe &         
,eurasia1 %all submit to ! appropriate  
congressional committees a report on !  
programs & activities c>ri$ out to      
a*ieve ! goals describ$ 9 subsection 7b7
 dur+ ! prec$+ fiscal ye>4  7,b7        
,elem5ts ,ea* report requir$ by         
subp>agraph 7,a7 %all include1 ) respect
 to ea* program or activity describ$ 9 t
 subp>agraph--  7i7 ! am\nt ( fund+ = ! 
program or activity2  7ii7 ! goal       
describ$ 9 subsection 7b7 to :i* !      
program or activity relates2 &  7iii7 an
 assessm5t ( :e!r or n ! goal 0 met4    
7e7 ,coord9ation ) global p>tn]s  7#a7  
,9 g5]al ,9 ord] to maximize co/        
effici5cy1 elim9ate duplication1 & spe$ 
! a*ievem5t ( ! goals describ$ 9        
subsection 7b71 ! ,secret>y ( ,/ate %all
 ensure coord9ation )--  7,a7 !         
,european ,union & its in/itutions2     
7,b7 ! gov]nm5ts ( c\ntries t are memb]s
 ( ! ,nor? ,atlantic ,treaty            
,organization or ! ,european ,union2 &  
7,c7 int]national organizations &       

quasi-gov]nm5tal fund+ entities t c>ry  
out programs & activities t seek to     
accompli% ! goals describ$ 9 subsection 
7b74  7#b7 ,report by secret>y ( /ate ,n
 lat] ?an ,april #a ( ea* ye>1 !        
,secret>y ( ,/ate %all submit to !      
appropriate congressional committees a  
report t includes--  7,a7 ! am\nt (     
fund+ provid$ to ea* c\ntry ref]r$ to 9 
subsection 7b7 by-- 7i7 ! ,european     
,union or its in/itutions2  7ii7 !      
gov]nm5t ( ea* c\ntry t is a memb] ( !  
,european ,union or ! ,nor? ,atlantic   
,treaty ,organization2 &  7iii7         
int]national organizations &            
quasi-gov]nm5tal fund+ entities t c>ry  
out programs & activities t seek to     
accompli% ! goals describ$ 9 subsection 
7b72 &  7,b7 an assessm5t ( :e!r ! fund+
 describ$ 9 subp>agraph 7,a7 is         
comm5surate ) fund+ provid$ by ! ,unit$ 
,/ates = ^? goals4  7f7 ,rule (         
con/ruction ,no?+ 9 ?is section %all be 
con/ru$ to apply to or limit ,unit$     
,/ates =eign assi/ance n provid$ us+    

am\nts available 9 ! ,c\nt]+ ,russian   
,influ5ce ,fund4  7g7 ,ensur+ adequate  
/aff+ = gov]nance activities ,9 ord] to 
ensure t ! ,unit$ ,/ates ,gov]nm5t is   
prop]ly focus$ on combat+ corruption1   
improv+ rule ( law1 & build+ ! capacity 
( civil society1 m$ia1 & o!r            
nongov]nm5tal organizations 9 c\ntries  
describ$ 9 subsection 7b77#a71 !        
,secret>y ( ,/ate %all e/abli% a pilot  
program = ,=eign ,s]vice (fic] positions
 focus$ on gov]nance & anticorruption   
activities 9 su* c\ntries4  #bee4       
,report on m$ia organizations controll$ 
& fund$ by ! ,gov]nm5t ( ! ,russian     
,f$]ation  7a7 ,9 g5]al ,n lat] ?an #ij 
days aft] ! date ( ! enactm5t ( ?is     
,act1 & annually !reaft]1 ! ,presid5t   
%all submit to ! appropriate            
congressional committees a report t     
includes a description ( m$ia           
organizations t are controll$ & fund$ by
 ! ,gov]nm5t ( ! ,russian ,f$]ation1 &  
any affiliat$ entities1 :e!r op]at+ )9  
or outside ! ,russian ,f$]ation1 includ+

 broadca/ & satellite-bas$ television1  
radio1 ,int]net1 & pr9t m$ia            
organizations4  7b7 ,=m ( report ,!     
report requir$ by subsection 7a7 %all be
 submitt$ 9 unclassifi$ =m b may include
 a classifi$ annex4  #bef4 ,report on   
,russian ,f$]ation influ5ce on elections
 9 ,europe & ,eurasia  7a7 ,9 g5]al ,n  
lat] ?an #ij days aft] ! date ( !       
enactm5t ( ?is ,act1 & annually !reaft]1
 ! ,presid5t %all submit to !           
appropriate congressional committees a  
report on funds provid$ by1 or funds !  
use ( :i* 0 direct$ by1 ! ,gov]nm5t ( ! 
,russian ,f$]ation or any ,russian p]son
 ) ! int5tion ( influ5c+ ! outcome ( any
 election or campaign 9 any c\ntry 9    
,europe or ,eurasia dur+ ! prec$+ ye>1  
includ+ ?r\gh direct support to any     
political p>ty1 c&idate1 lobby+         
campaign1 nongov]nm5tal organization1 or
 civic organization4  7b7 ,=m ( report  
,ea* report requir$ by subsection 7a7   
%all be submitt$ 9 unclassifi$ =m b may 
include a classifi$ annex4  7c7 ,russian

 p]son def9$ ,9 ?is section1 ! t]m      
,russian p]son means-- 7#a7 an          
individual :o is a citiz5 or national ( 
! ,russian ,f$]ation2 or  7#b7 an entity
 organiz$ "u ! laws ( ! ,russian        
,f$]ation or o!rwise subject to !       
jurisdiction ( ! ,gov]nm5t ( ! ,russian 
,f$]ation4  #beg4 ,ukranian en]gy       
security  7a7 ,/atem5t ( policy ,x is ! 
policy ( ! ,unit$ ,/ates-- 7#a7 to      
support ! ,gov]nm5t ( ,ukra9e 9 re/or+  
its sov]eign & t]ritorial integrity2    
7#b7 to condemn & oppose all ( !        
de/abiliz+ ef=ts by ! ,gov]nm5t ( !     
,russian ,f$]ation 9 ,ukra9e 9 violation
 ( its obligations & int]national       
commitm5ts2  7#c7 to nev] recognize !   
illegal annexation ( ,crimea by !       
,gov]nm5t ( ! ,russian ,f$]ation or !   
sep>ation ( any portion ( ,ukra9ian     
t]ritory ?r\gh ! use ( milit>y =ce2     
7#d7 to det] ! ,gov]nm5t ( ! ,russian   
,f$]ation f fur!r de/abiliz+ & invad+   
,ukra9e & o!r indep5d5t c\ntries 9      
,c5tral & ,ea/]n ,europe & ! ,caucuses2 

7#e7 to assi/ 9 promot+ re=m 9          
regulatory ov]sight & op]ations 9       
,ukra9e's en]gy sector1 includ+ !       
e/abli%m5t & emp[]m5t ( an indep5d5t    
regulatory organization2  7#f7 to       
enc\rage & support fair competition1    
m>ket lib]alization1 & reliability 9    
,ukra9e's en]gy sector2  7#g7 to help   
,ukra9e & ,unit$ ,/ates allies & p>tn]s 
9 ,europe r$uce _! dep5d5ce on ,russian 
en]gy res\rces1 especially natural gas1 
:i* ! ,gov]nm5t ( ! ,russian ,f$]ation  
uses z a weapon to co]ce1 intimidate1 & 
influ5ce o!r c\ntries2  7#h7 to "w )    
,european ,union memb] /ates & ,european
 ,union in/itutions to promote en]gy    
security ?r\gh develop+ div]sifi$ &     
lib]aliz$ en]gy m>kets t provide        
div]sifi$ s\rces1 suppli]s1 & r\tes2    
7#i7 to cont9ue to oppose ! ,nord,stream
 #b pipel9e giv5 its detrim5tal impacts 
on ! ,european ,union's en]gy security1 
gas m>ket developm5t 9 ,c5tral & ,ea/]n 
,europe1 & en]gy re=ms 9 ,ukra9e2 &     
7#aj7 t ! ,unit$ ,/ates ,gov]nm5t %\ld  

prioritize ! export ( ,unit$ ,/ates     
en]gy res\rces 9 ord] to create ,am]ican
 jobs1 help ,unit$ ,/ates allies &      
p>tn]s1 & /r5g!n ,unit$ ,/ates =eign    
policy4  7b7 ,plan ,to promote en]gy    
security 9 ukra9e  7#a7 ,9 g5]al ,!     
,secret>y ( ,/ate1 9 coord9ation ) !    
,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy = 
,int]national ,developm5t & ! ,secret>y 
( ,en]gy1 %all "w ) ! ,gov]nm5t (       
,ukra9e to develop a plan to increase   
en]gy security 9 ,ukra9e1 increase !    
am\nt ( en]gy produc$ 9 ,ukra9e1 & r$uce
 ,ukra9e's reliance on en]gy imports f !
 ,russian ,f$]ation4  7#b7 ,elem5ts ,!  
plan develop$ "u p>agraph 7#a7 %all     
include /rategies = m>ket lib]alization1
 effective regulation & ov]sight1 supply
 div]sification1 en]gy reliability1 &   
en]gy effici5cy1 su* z ?r\gh support+-- 
7,a7 ! promotion ( advanc$ te*nology &  
mod]n op]at+ practices 9 ,ukra9e's oil &
 gas sector2  7,b7 mod]n geophysical &  
meteorological survey "w z ne$$ foll[$  
by int]national t5d]s to help attract   

qualifi$ inve/m5t into exploration &    
developm5t ( areas ) untapp$ res\rces 9 
,ukra9e2  7,c7 a broad5+ ( ,ukra9e's    
electric p[] transmission int]connection
 ) ,europe2  7,d7 ! /r5g!n+ ( ,ukra9e's 
capability to ma9ta9 electric p[] grid  
/ability & reliability2  7,e7 indep5d5t 
regulatory ov]sight & op]ations (       
,ukra9e's gas m>ket & electricity       
sector2  7,f7 ! implem5tation ( prim>y  
gas law includ+ pric+1 t>iff /ructure1 &
 legal regulatory implem5tation2  7,g7  
privatization ( gov]nm5t own$ en]gy     
companies ?r\gh cr$ible legal frameworks
 & a transp>5t process compliant )      
int]national be/ practices2  7,h7       
procurem5t & transport ( em]g5cy fuel   
supplies1 includ+ rev]se pipel9e fl[s f 
,europe2  7,i7 provision ( te*nical     
assi/ance = crisis plann+1 crisis       
response1 & public outrea*2  7,j7 repair
 ( infra/ructure to enable ! transport (
 fuel supplies2  7,k7 repair ( p[]      
g5]at+ or p[] transmission equipm5t or  
facilities2 &  7,l7 improv$ build+ en]gy

 effici5cy & o!r measures design$ to    
r$uce en]gy dem& 9 ,ukra9e4  7#c7       
,reports  7,a7 ,implem5tation ( ukra9e  
fre$om support act ( #bjad provisions ,n
 lat] ?an #ahj days aft] ! date ( !     
enactm5t ( ?is ,act1 ! ,secret>y ( ,/ate
 %all submit to ! appropriate           
congressional committees a report       
detail+ ! /atus ( implem5t+ ! provisions
 requir$ "u section #g7;c7 ( ! ,ukra9e  
,fre$om ,support ,act ( #bjad 7#bb      
,u4,s4,c4 #hibf7;c771 includ+ detail+ ! 
plans requir$ "u t section1 ! level (   
fund+ t has be5 allocat$ to & exp5d$ = !
 /rategies set =? "u t section1 &       
progress t has be5 made 9 implem5t+ !   
/rategies develop$ pursuant to t        
section4  7,b7 ,9 g5]al ,n lat] ?an #ahj
 days aft] ! date ( ! enactm5t ( ?is    
,act1 & e #ahj days !reaft]1 ! ,secret>y
 ( ,/ate %all submit to ! appropriate   
congressional committees a report       
detail+ ! plan develop$ "u p>agraph     
7#a71 ! level ( fund+ t has be5 allocat$
 to & exp5d$ = ! /rategies set =? 9     

p>agraph 7#b71 & progress t has be5 made
 9 implem5t+ ! /rategies4  7,c7 ,brief+s
 ,! ,secret>y ( ,/ate1 or a designee ( !
 ,secret>y1 %all brief ! appropriate    
congressional committees n lat] ?an #cj 
days aft] ! submission ( ea* report "u  
subp>agraph 7,b74 ,9 addition1 !        
,dep>tm5t ( ,/ate %all make relevant    
(ficials available ^u reque/ to brief ! 
appropriate congressional committees on 
all available in=mation t relates       
directly or indirectly to ,ukra9e or    
en]gy security 9 ,ea/]n ,europe4  7,d7  
,appropriate congressional committees   
def9$ ,9 ?is p>agraph1 ! t]m appropriate
 congressional committees means-- 7i7 ! 
,committee on ,=eign ,relations & !     
,committee on ,appropriations ( !       
,s5ate2 &  7ii7 ! ,committee on ,=eign  
,affairs & ! ,committee on              
,appropriations ( ! ,h\se (             
,repres5tatives4  7c7 ,support+ ef=ts ( 
c\ntries 9 europe & eurasia ,to decrease
 _! dep5d5ce on ,russian s\rces ( en]gy 
7#a7 ,f9d+s ,congress makes ! foll[+    

f9d+s3 7,a7 ,! ,gov]nm5t ( ! ,russian   
,f$]ation uses its /rong position 9 !   
en]gy sector z lev]age to manipulate !  
int]nal politics & =eign relations ( !  
c\ntries ( ,europe & ,eurasia4  7,b7    
,?is influ5ce is bas$ n only on !       
,russian ,f$]ation's oil & natural gas  
res\rces1 b also on its /ate-own$ nucle>
 p[] & electricity companies4  7#b7     
,s5se ( congress ,x is ! s5se (         
,congress t-- 7,a7 ! ,unit$ ,/ates %\ld 
assi/ ! ef=ts ( ! c\ntries ( ,europe &  
,eurasia to enhance _! en]gy security   
?r\gh div]sification ( en]gy supplies 9 
ord] to less5 dep5d5cies on ,russian    
,f$]ation en]gy res\rces & /ate-own$    
entities2 &  7,b7 ! ,export-,import     
,bank ( ! ,unit$ ,/ates & ! ,ov]seas    
,private ,inve/m5t ,corporation %\ld    
play key roles 9 support+ critical en]gy
 projects t contribute to t goal4  7#c7 
,use ( c\nt]+ russian influ5ce fund to  
provide te*nical assi/ance ,am\nts 9 !  
,c\nt]+ ,russian ,influ5ce ,fund        
pursuant to section #bed %all be us$ to 

provide te*nical advice to c\ntries     
describ$ 9 subsection 7b77#a7 ( su*     
section design$ to enhance en]gy        
security & less5 dep5d5ce on en]gy f    
,russian ,f$]ation s\rces4  7d7         
,au?orization ( appropriations ,!re is  
au?oriz$ to be appropriat$ = ! ,dep>tm5t
 ( ,/ate a total ( #cj1jjj1jjj = fiscal 
ye>s #bjah & #bjai to c>ry out !        
/rategies set =? 9 subsection 7b77#b7 & 
o!r activities "u ?is section relat$ to 
! promotion ( en]gy security 9 ,ukra9e4 
7e7 ,rule ( con/ruction ,no?+ 9 ?is     
section %all be con/ru$ z affect+ !     
responsibilities requir$ & au?orities   
provid$ "u section #g ( ! ,ukra9e       
,fre$om ,support ,act ( #bjad 7#bb      
,u4,s4,c4 #hibf74  #beh4 ,t]m9ation ,!  
provisions ( ?is subtitle %all t]m9ate  
on ! date t is #e ye>s aft] ! date ( !  
enactm5t ( ?is ,act4  #bei4 ,appropriate
 congressional committees def9$ ,except 
z o!rwise provid$1 9 ?is subtitle1 ! t]m
 appropriate congressional committees   
means-- 7#a7 ! ,committee on ,=eign     

,relations1 ! ,committee on ,bank+1     
,h\s+1 & ,urban ,affairs1 ! ,committee  
on ,arm$ ,s]vices1 ! ,committee on      
,homel& ,security & ,gov]nm5tal         
,affairs1 ! ,committee on               
,appropriations1 & ! ,select ,committee 
on ,intellig5ce ( ! ,s5ate2 &  7#b7 !   
,committee on ,=eign ,affairs1 !        
,committee on ,f9ancial ,s]vices1 !     
,committee on ,arm$ ,s]vices1 !         
,committee on ,homel& ,security1 !      
,committee on ,appropriations1 & !      
,p]man5t ,select ,committee on          
,intellig5ce ( ! ,h\se (                
,repres5tatives4  ,c ,combat+ t]rorism &
 illicit f9anc+  ,i ,national /rategy = 
combat+ t]rori/ & o!r illicit f9anc+    
#bfa4 ,developm5t ( national /rategy    
7a7 ,9 g5]al ,! ,presid5t1 act+ ?r\gh ! 
,secret>y1 %all1 9 consultation ) !     
,attorney ,g5]al1 ! ,secret>y ( ,/ate1 !
 ,secret>y ( ,homel& ,security1 !       
,director ( ,national ,intellig5ce1 & ! 
appropriate ,f$]al bank+ ag5cies &      
,f$]al functional regulators1 develop a 

national /rategy = combat+ ! f9anc+ (   
t]rorism & relat$ =ms ( illicit f9ance4 
7b7 ,transmittal to ,congress  7#a7 ,9  
g5]al ,n lat] ?an "o ye> aft] ! date ( !
 enactm5t ( ?is ,act1 ! ,presid5t %all  
submit to ! appropriate congressional   
committees a compreh5sive national      
/rategy develop$ 9 accordance )         
subsection 7a74  7#b7 ,updates ,n lat]  
?an ,janu>y #ca1 #bjbj1 & ,janu>y #ca1  
#bjbb1 ! ,presid5t %all submit to !     
appropriate congressional committees    
updat$ v]sions ( ! national /rategy     
submitt$ "u p>agraph 7#a74  7c7 ,sep>ate
 pres5tation ( classifi$ mat]ial ,any "p
 ( ! national /rategy t involves        
in=mation t is prop]ly classifi$ "u     
crit]ia e/abli%$ by ! ,presid5t %all be 
submitt$ to ,congress sep>ately 9 a     
classifi$ annex &1 if reque/$ by !      
*airman or rank+ memb] ( "o ( !         
appropriate congressional committees1 z 
a brief+ at an appropriate level (      
security4  #bfb4 ,cont5ts ( national    
/rategy ,! /rategy describ$ 9 section   

#bfa %all conta9 ! foll[+3 7#a7         
,evaluation ( exi/+ ef=ts ,an assessm5t 
( ! effectiv5ess ( & ways 9 :i* ! ,unit$
 ,/ates is curr5tly address+ ! highe/   
levels ( risk ( v>i\s =ms ( illicit     
f9ance1 includ+ ^? id5tifi$ 9 ! docum5ts
 entitl$ #bjae ,national ,money ,laund]+
 ,risk ,assessm5t & #bjae ,national     
,t]rori/ ,f9anc+ ,risk ,assessm5t1      
publi%$ by ! ,dep>tm5t ( ! ,treasury & a
 description ( h[ ! /rategy is integrat$
 into1 & supports1 ! broad] c\nt]       
t]rorism /rategy ( ! ,unit$ ,/ates4     
7#b7 ,goals1 objectives1 & priorities ,a
 compreh5sive1 rese>*-bas$1 long-range1 
quantifiable discussion ( goals1        
objectives1 & priorities = disrupt+ &   
prev5t+ illicit f9ance activities )9 &  
transit+ ! f9ancial sy/em ( ! ,unit$    
,/ates t outl9es priorities to r$uce !  
incid5ce1 doll> value1 & effects (      
illicit f9ance4  7#c7 ,?reats ,an       
id5tification ( ! mo/ significant       
illicit f9ance ?reats to ! f9ancial     
sy/em ( ! ,unit$ ,/ates4  7#d7 ,reviews 

& propos$ *anges ,reviews ( en=cem5t    
ef=ts1 relevant regulations & relevant  
provisions ( law &1 if appropriate1     
discussions ( propos$ *anges det]m9$ to 
be appropriate to ensure t ! ,unit$     
,/ates pursues coord9at$ & effective    
ef=ts at all levels ( gov]nm5t1 & )     
int]national p>tn]s ( ! ,unit$ ,/ates1 9
 ! fight aga9/ illicit f9ance4  7#e7    
,detection & prosecution initiatives ,a 
description ( ef=ts to improve1 z       
necess>y1 detection & prosecution (     
illicit f9ance1 includ+ ef=ts to ensure 
t--  7,a7 subject to legal re/rictions1 
all appropriate data collect$ by !      
,f$]al ,gov]nm5t t is relevant to !     
ef=ts describ$ 9 ?is section be         
available 9 a timely fa%ion to--  7i7   
all appropriate ,f$]al dep>tm5ts &      
ag5cies2 &  7ii7 z appropriate &        
consi/5t ) section #cad ( !             
,int]national ,money ,laund]+ ,abatem5t 
& ,f9ancial ,anti-,t]rorism ,act ( #bjja
 7#ca ,u4,s4,c4 #ecaa note71 to f9ancial
 in/itutions to assi/ ! f9ancial        

in/itutions 9 ef=ts to comply ) laws    
aim$ at curb+ illicit f9ance2 &  7,b7   
appropriate ef=ts are und]tak5 to ensure
 t ,f$]al dep>tm5ts & ag5cies *>g$ )    
r$uc+ & prev5t+ illicit f9ance make     
?or\gh use ( publicly available data 9  
fur!rance ( ?is ef=t4  7#f7 ,! role ( ! 
private f9ancial sector 9 prev5tion (   
illicit f9ance ,a discussion ( ways to  
enhance p>tn]%ips betwe5 ! private      
f9ancial sector & ,f$]al dep>tm5ts &    
ag5cies ) reg>d to ! prev5tion &        
detection ( illicit f9ance1 includ+--   
7,a7 ef=ts to facilitate compliance )   
laws aim$ at /opp+ su* illicit f9ance   
:ile ma9ta9+ ! effectiv5ess ( su* ef=ts2
 &  7,b7 provid+ guidance to /r5g!n     
int]nal controls & to adopt on an       
indu/ry-wide basis m effective policies4
  7#g7 ,enhancem5t ( int]gov]nm5tal     
coop]ation ,a discussion ( ways to      
combat illicit f9ance by enhanc+-- 7,a7 
coop]ative ef=ts betwe5 & among ,f$]al1 
,/ate1 & local (ficials1 includ+ ,/ate  
regulators1 ,/ate & local prosecutors1 &

 o!r law en=cem5t (ficials2 &  7,b7     
coop]ative ef=ts ) & betwe5 gov]nm5ts ( 
c\ntries & ) & betwe5 mult9ational      
in/itutions ) exp]tise 9 fight+ illicit 
f9ance1 includ+ ! ,f9ancial ,action     
,task ,=ce & ! ,egmont ,gr\p ( ,f9ancial
 ,intellig5ce ,units4  7#h7 ,tr5d       
analysis ( em]g+ illicit f9ance ?reats  
,a discussion ( & data reg>d+ tr5ds 9   
illicit f9ance1 includ+ evolv+ =ms (    
value transf] su* z s-call$             
cryptocurr5cies1 o!r me?ods t are       
comput]1 telecommunications1 or         
,int]net-bas$1 cyb] crime1 or any o!r   
?reats t ! ,secret>y may *oose to       
id5tify4  7#i7 ,budget priorities ,a    
multiye> budget plan t id5tifies        
suffici5t res\rces ne$$ to successfully 
execute ! full range ( missions call$ = 
9 ?is section4  7#aj7 ,te*nology        
enhancem5ts ,an analysis ( curr5t &     
develop+ ways to lev]age te*nology to   
improve ! effectiv5ess ( ef=ts to /op ! 
f9anc+ ( t]rorism & o!r =ms ( illicit   
f9ance1 includ+ bett] integration (     

op5-s\rce data4  ,,ii ,enhanc+          
antit]rorism tools ( ! ,dep>tm5t ( !    
,treasury  #bga4 ,improv+ antit]ror     
f9ance monitor+ ( funds transf]s  7a7   
,/udy  7#a7 ,9 g5]al ,to improve !      
ability ( ! ,dep>tm5t ( ! ,treasury to  
bett] track cross-bord] fund transf]s & 
id5tify pot5tial f9anc+ ( t]rori/ or o!r
 =ms ( illicit f9ance1 ! ,secret>y %all 
c>ry out a /udy to assess--  7,a7 !     
pot5tial efficacy ( requir+ bank+       
regulators to e/abli% a pilot program to
 provide te*nical assi/ance to          
depository in/itutions & cr$it unions t 
wi% to provide acc\nt s]vices to money  
s]vices bus9esses s]v+ individuals 9    
,somalia2  7,b7 :e!r su* a pilot program
 c\ld be a model = improv+ ! ability (  
,unit$ ,/ates p]sons to make legitimate 
funds transf]s ?r\gh transp>5t & easily 
monitor$ *annels :ile pres]v+ /rict     
compliance ) ! ,bank ,secrecy ,act      
7,public ,law #ia-ejh2 #hd ,/at4 #aaad7 
& relat$ controls aim$ at /opp+ money   
laund]+ & ! f9anc+ ( t]rorism2 &  7,c7  

consi/5t ) curr5t legal requirem5ts     
reg>d+ confid5tial sup]visory in=mation1
 ! pot5tial impact ( all[+ money s]vices
 bus9esses to %>e c]ta9 ,/ate exam9ation
 in=mation ) depository in/itutions &   
cr$it unions1 or :e!r ano!r appropriate 
me*anism c\ld be id5tifi$ to all[ a     
simil> ex*ange ( in=mation to give !    
depository in/itutions & cr$it unions a 
bett] und]/&+ ( :e!r an individual money
 s]vices bus9ess is adequately meet+ its
 anti-money laund]+ & c\nt]-t]ror f9anc+
 obligations to combat money laund]+1 ! 
f9anc+ ( t]ror1 or relat$ illicit       
f9ance4  7#b7 ,public input ,! ,secret>y
 %\ld solicit & consid] public input z  
appropriate 9 develop+ ! /udy requir$ "u
 subsection 7a74  7b7 ,report ,n lat]   
?an #bgj days aft] ! date ( ! enactm5t (
 ?is ,act1 ! ,secret>y %all submit to ! 
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs & ! ,committee on ,=eign       
,relations ( ! ,s5ate & ! ,committee on 
,f9ancial ,s]vices & ! ,committee on    
,=eign ,affairs ( ! ,h\se (             

,repres5tatives a report t conta9s all  
f9d+s & det]m9ations made 9 c>ry+ out ! 
/udy requir$ "u subsection 7a74  #bgb4  
,s5se ( ,congress on int]national       
coop]ation reg>d+ t]rori/ f9anc+        
intellig5ce ,x is ! s5se ( ,congress t !
 ,secret>y1 act+ ?r\gh ! ,"u ,secret>y =
 ,t]rorism & ,f9ancial ,crimes1 %\ld    
int5sify "w ) =eign p>tn]s to help !    
=eign p>tn]s develop intellig5ce        
analytic capacities1 9 a f9ancial       
intellig5ce unit1 f9ance m9i/ry1 or o!r 
appropriate ag5cy1 t are--  7#a7        
comm5surate to ! ?reats fac$ by ! =eign 
p>tn]2 &  7#b7 design$ to bett]         
integrate intellig5ce ef=ts ) !         
anti-money laund]+ & c\nt]-t]rori/      
f9anc+ regimes ( ! =eign p>tn]4  #bgc4  
,exam9+ ! c\nt]-t]ror f9anc+ role ( !   
,dep>tm5t ( ! ,treasury 9 embassies ,n  
lat] ?an #ahj days aft] ! date ( !      
enactm5t ( ?is ,act1 ! ,secret>y %all   
submit to ! ,committee on ,bank+1 ,h\s+1
 & ,urban ,affairs & ! ,committee on    
,=eign ,relations ( ! ,s5ate & !        

,committee on ,f9ancial ,s]vices & !    
,committee on ,=eign ,affairs ( ! ,h\se 
( ,repres5tatives a report t conta9s--  
7#a7 a li/ ( ! ,unit$ ,/ates embassies 9
 :i* a full-"t ,dep>tm5t ( ! ,treasury  
f9ancial atta* is /ation$ & a           
description ( h[ ! int]e/s ( ! ,dep>tm5t
 ( ! ,treasury relat+ to t]rori/ f9anc+ 
& money laund]+ are address$ 7via       
regional atta*s or o!rwise7 at ,unit$   
,/ates embassies :]e no su* atta*s are  
pres5t2  7#b7 a li/ ( ! ,unit$ ,/ates   
embassies at :i* ! ,dep>tm5t ( !        
,treasury has assign$ a te*nical        
assi/ance advisor f ! ,(fice ( ,te*nical
 ,assi/ance ( ! ,dep>tm5t ( ! ,treasury2
  7#c7 an ov]view ( h[ ,dep>tm5t ( !    
,treasury f9ancial atta*s & te*nical    
assi/ance advisors assi/ 9 ef=ts to     
c\nt] illicit f9ance1 to include money  
laund]+1 t]rori/ f9anc+1 & prolif]ation 
f9anc+2 &  7#d7 an ov]view ( patt]ns1   
tr5ds1 or o!r issues id5tifi$ by !      
,dep>tm5t ( ! ,treasury & :e!r res\rces 
are suffici5t to address ^! issues4     

#bgd4 ,inclusion ( ,secret>y ( !        
,treasury on ! ,national ,security      
,c\ncil  7a7 ,9 g5]al ,section          
#aja7;c77#a7 ( ! ,national ,security    
,act ( #aidg 7#ej ,u4,s4,c4             
#cjba7;c77#a77 is am5d$ by ins]t+ !     
,secret>y ( ! ,treasury1 be=e & su* o!r 
(fic]s4  7b7 ,rule ( con/ruction ,!     
am5dm5t made by subsection 7a7 may n be 
con/ru$ to au?orize ! ,national         
,security ,c\ncil to h a pr(essional    
/aff level t exce$s ! limitation set =? 
"u section #aja7;e77#c7 ( ! ,national   
,security ,act ( #aidg 7#ej ,u4,s4,c4   
#cjba7;e77#c774  #bge4 ,inclusion ( all 
funds  7a7 ,9 g5]al ,section #ecbf (    
title #ca1 ,unit$ ,/ates ,code1 is      
am5d$-- 7#a7 9 ! head+ ( su* section1 by
 /rik+ co9 & curr5cy2  7#b7 9 subsection
 7a7-- 7,a7 by /rik+ subtitle & & ins]t+
 subtitle or to2 &  7,b7 9 p>agraph     
7#a77;,a71 by /rik+ ,unit$ ,/ates co9s  
or curr5cy 7or su* o!r monet>y in/rum5ts
 z ! ,secret>y may describe 9 su* ord]7 
& ins]t+ funds 7z ! ,secret>y may       

describe 9 su* ord]712 &  7#c7 9        
subsection 7b7-- 7,a7 9 p>agraph        
7#a77;,a71 by /rik+ co9s or curr5cy 7or 
monet>y in/rum5ts7 & ins]t+ funds2 &    
7,b7 9 p>agraph 7#b71 by /rik+ co9s or  
curr5cy 7or su* o!r monet>y in/rum5ts z 
! ,secret>y may describe 9 ! regulation 
or ord]7 & ins]t+ funds 7z ! ,secret>y  
may describe 9 ! regulation or ord]74   
7b7 ,cl]ical am5dm5t ,! table ( cont5ts 
= *apt] #ec ( title #ca1 ,unit$ ,/ates  
,code1 is am5d$ 9 ! item relat+ to      
section #ecbf by /rik+ co9 & curr5cy4   
,,iii ,def9itions  #bha4 ,def9itions ,9 
?is subtitle-- 7#a7 ! t]m appropriate   
congressional committees means--  7,a7 !
 ,committee on ,bank+1 ,h\s+1 & ,urban  
,affairs1 ! ,committee on ,=eign        
,relations1 ,committee on ,arm$         
,s]vices1 ,committee on ! ,judici>y1    
,committee on ,homel& ,security &       
,gov]nm5tal ,affairs1 & ! ,select       
,committee on ,intellig5ce ( ! ,s5ate2 &
  7,b7 ! ,committee on ,f9ancial        
,s]vices1 ! ,committee on ,=eign        

,affairs1 ! ,committee on ,arm$         
,s]vices1 ! ,committee on ! ,judici>y1  
,committee on ,homel& ,security1 & !    
,p]man5t ,select ,committee on          
,intellig5ce ( ! ,h\se (                
,repres5tatives2  7#b7 ! t]m appropriate
 ,f$]al bank+ ag5cies has ! mean+ giv5 !
 t]m 9 section #c ( ! ,f$]al ,deposit   
,insurance ,act 7#ab ,u4,s4,c4 #ahac72  
7#c7 ! t]m ,bank ,secrecy ,act means--  
7,a7 section #ba ( ! ,f$]al ,deposit    
,insurance ,act 7#ab ,u4,s4,c4 #ahbi;b72
  7,b7 *apt] #b ( title ,i ( ,public    
,law #ia-ejh 7#ab ,u4,s4,c4 #aiea et    
seq472 &  7,c7 sub*apt] ,,ii ( *apt] #ec
 ( title #ca1 ,unit$ ,/ates ,code2  7#d7
 ! t]m ,f$]al functional regulator has !
 mean+ giv5 t t]m 9 section #eji ( !    
,gramm-,lea*-,bliley ,act 7#ae ,u4,s4,c4
 #fhji72  7#e7 ! t]m illicit f9ance     
means ! f9anc+ ( t]rorism1 n>cotics     
traffick+1 or prolif]ation1 money       
laund]+1 or o!r =ms ( illicit f9anc+    
dome/ically or int]nationally1 z def9$  
by ! ,presid5t2  7#f7 ! t]m money       

s]vices bus9ess has ! mean+ giv5 ! t]m  
"u section #ajaj4ajj ( title #ca1 ,code 
( ,f$]al ,regulations2  7#g7 ! t]m      
,secret>y means ! ,secret>y ( !         
,treasury2 &  7#h7 ! t]m ,/ate means ea*
 ( ! sev]al ,/ates1 ! ,di/rict (        
,columbia1 & ea* t]ritory or possession 
( ! ,unit$ ,/ates4  ,d ,rule (          
con/ruction  #bia4 ,rule ( con/ruction  
,no?+ 9 ?is title or ! am5dm5ts made by 
?is title 7o!r ?an sections #baf &      
#bcf7;b77 %all be con/ru$ to limit !    
au?ority ( ! ,presid5t "u !             
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq474     
#bib4 ,s5se ( ,s5ate on ! /rategic      
importance ( ,article #e ( ! ,nor?      
,atlantic ,treaty  7a7 ,f9d+s ,! ,s5ate 
makes ! foll[+ f9d+s3 7#a7 ,! pr9ciple (
 collective def5se ( ! ,nor? ,atlantic  
,treaty ,organization 7,,nato7 is       
immortaliz$ 9 ,article #e ( ! ,nor?     
,atlantic ,treaty 9 :i* memb]s pl$ge t  
an arm$ attack aga9/ "o or m ( !m 9     
,europe or ,nor? ,am]ica %all be        

consid]$ an attack aga9/ !m all4  7#b7  
,= almo/ #g decades1 ! pr9ciple (       
collective def5se has effectively s]v$ z
 a /rategic det]r5t = ! memb] nations ( 
! ,nor? ,atlantic ,treaty ,organization 
& provid$ /ability ?r\gh\t ! _w1 /r5g!n+
 ! security ( ! ,unit$ ,/ates & all #bh 
o!r memb] nations4  7#c7 ,foll[+ !      
,septemb] #aa1 #bjja1 t]rori/ attacks 9 
,new ,york1 ,wa%+ton1 & ,p5nsylvania1 ! 
,alliance agre$ to invoke ,article #e = 
! fir/ "t1 affirm+ its commitm5t to     
collective def5se4  7#d7 ,c\ntries t are
 memb]s ( ! ,nor? ,atlantic ,treaty     
,organization h made hi/oric            
contributions & sacrifices :ile combat+ 
t]rorism 9 ,afghani/an ?r\gh !          
,int]national ,security ,assi/ance ,=ce 
& ! ,resolute ,support ,mission4  7#e7  
,! rec5t attacks 9 ! ,unit$ ,k+dom      
und]score ! importance ( an int]national
 alliance to combat ho/ile nation /ates 
& t]rori/ gr\ps4  7#f7 ,at ! #bjad      
,,nato summit 9 ,wales1 ! memb] c\ntries
 ( ! ,nor? ,atlantic ,treaty            

,organization decid$ t all c\ntries t   
are memb]s ( ,,nato w\ld sp5d an am\nt  
equal to #b p]c5t ( _! gross dome/ic    
product on def5se by #bjbd4  7#g7       
,collective def5se unites ! #bi memb]s (
 ! ,nor? ,atlantic ,treaty              
,organization1 ea* committ+ to protect+ 
& support+ "o ano!r f ext]nal adv]s>ies1
 :i* bol/]s ! ,nor? ,atlantic ,alliance4
  7b7 ,s5se ( ,s5ate ,x is ! s5se ( !   
,s5ate-- 7#a7 to express ! vital        
importance ( ,article #e ( ! ,nor?      
,atlantic ,treaty1 ! *>t] ( ! ,nor?     
,atlantic ,treaty ,organization1 z x    
cont9ues to s]ve z a critical det]r5t to
 pot5tial ho/ile nations & t]rori/      
organizations2  7#b7 to rememb] ! fir/ &
 only invocation ( ,article #e by !     
,nor? ,atlantic ,treaty ,organization 9 
support ( ! ,unit$ ,/ates aft] ! t]rori/
 attacks ( ,septemb] #aa1 #bjja2  7#c7  
to affirm t ! ,unit$ ,/ates rema9s fully
 committ$ to ! ,nor? ,atlantic ,treaty  
,organization & w honor its obligations 
en%r9$ 9 ,article #e2 &  7#d7 to condemn

 any ?reat to ! sov]eignty1 t]ritorial  
integrity1 fre$om1 or democracy ( any   
c\ntry t is a memb] ( ! ,nor? ,atlantic 
,treaty ,organization4