,,ii  #aae? ,,congress  #a/ ,session    
,s4 #ae  ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$
 ,,/ates  ,janu>y #c1 #bjag,mr4 ,hell]  
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to impose sanctions ) respect  
to ! balli/ic missile program ( ,iran1 &
 = o!r purposes4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,iran ,balli/ic    
,missile ,sanctions ,act4  #b4 ,f9d+s   
,congress f9ds ! foll[+3 7#a7 ,on ,april
 #b1 #bjae1 ,presid5t ,b>ack ,obama     
said1 ,o!r ,am]ican sanctions on ,iran =
 its support ( t]rorism1 its human      
rights abuses1 its balli/ic missile     
program1 w cont9ue to be fully en=c$44  
7#b7 ,on ,july #g1 #bjae1 ,g5]al ,m>t9  
,dempsey1 !n-,*airman ( ! ,jo9t ,*iefs (
 ,/aff1 said1 ,"u no circum/ances %\ld  
we relieve ! pressure on ,iran relative 
to balli/ic missile capabilities44  7#c7
 ,on ,july #bi1 #bjae1 9 8 role z ! top 
milit>y (fic] 9 ! ,unit$ ,/ates &       
advisor to ! ,presid5t1 ,g5]al ,dempsey 

confirm$ t 8 milit>y recomm5dation 0 t  
sanctions relat+ to ! balli/ic missile  
program ( ,iran n be lift$4  7#d7 ,!    
,gov]nm5t ( ,iran & ,iran's             
,revolution>y ,gu>d ,corps h be5        
responsible = ! repeat$ te/+ ( illegal  
balli/ic missiles capable ( c>ry+ a     
nucle> device1 includ+ obs]v$ te/s 9    
,octob] & ,novemb] #bjae & ,m>* #bjaf1  
violat+ ,unit$ ,nations ,security       
,c\ncil resolutions4  7#e7 ,on ,octob]  
#ad1 #bjae1 ,saman?a ,p[]1 ,unit$ ,/ates
 ,ambassador to ! ,unit$ ,nations1 said1
 ,"o ( ! really important features 9    
implem5tation ( ! rec5t ,iran deal to   
dismantle ,iran's nucle> program is go+ 
to h to be en=cem5t ( ! resolutions & ! 
/&>ds t rema9 on ! books44  7#f7 ,on    
,decemb] #aa1 #bjae1 ! ,unit$ ,nations  
,panel ( ,exp]ts conclud$ t ! missile   
laun* on ,octob] #aj1 #bjae1 0 a        
violation by ,iran ( p>agraph #i (      
,security ,c\ncil resolution #aibi      
7#bjaj74  7#g7 ,on ,janu>y #ag1 #bjaf1  
,adam ,szub91 ,act+ ,"u ,secret>y =     

,t]rorism & ,f9ancial ,intellig5ce1     
/at$1 ,iran's balli/ic missile program  
poses a significant ?reat to regional & 
global security1 & x w cont9ue to be    
subject to int]national sanctions4 ,we h
 consi/5tly made cle> t ! ,unit$ ,/ates 
w vigor\sly press sanctions aga9/       
,iranian activities outside ( ! ,jo9t   
,compreh5sive ,plan ( ,action--includ+  
^? relat$ to ,iran's support = t]rorism1
 regional de/abilization1 human rights  
abuses1 & balli/ic missile program44    
7#h7 ,on ,febru>y #i1 #bjaf1 ,james     
,clapp]1 ,director ( ,national          
,intellig5ce1 te/ifi$ t1 ,we judge t    
,tehran w\ld *oose balli/ic missiles z  
its pref]r$ me?od ( deliv]+ nucle>      
weapons1 if x builds !m4 ,iran's        
balli/ic missiles are inh]5tly capable (
 deliv]+ ,,wmd1 & ,tehran already has ! 
l>ge/ inv5tory ( balli/ic missiles 9 !  
,middle ,ea/4 ,iran's progress on space 
laun* vehicles--along ) its desire to   
det] ! ,unit$ ,/ates & its              
allies--provides ,tehran ) ! means &    

motivation to develop long]-range       
missiles1 includ+ ,i,c,b,ms44  7#i7 ,on 
,m>* #i1 #bjaf1 ,iran report$ly fir$ two
 ,qadr balli/ic missiles ) a range ( m  
?an #a1jjj miles & accord+ to public    
reports1 ! missiles 7 m>k$ ) a /atem5t 9
 ,hebrew read+1 ,israel mu/ be wip$ (f !
 ar5a ( "t44  7#aj7 ,on ,m>* #aa1 #bjaf1
 ,ambassador ,p[] call$ ! rec5t balli/ic
 missile laun*es by ,iran provocative & 
de/abiliz+ & call$ on ! int]national    
community to degrade ,iran's missile    
program4  7#aa7 ,on ,m>* #ad1 #bjaf1    
,ambassador ,p[] said t ! rec5t balli/ic
 missile laun*es by ,iran 7 9 defiance (
 provisions ( ,,un ,security ,c\ncil    
,resolution #bbca4  7#ab7 ,iran has     
demon/rat$ ! ability to laun* multiple  
rockets f =tifi$ und]gr\nd facilities & 
mobile laun* sites n previ\sly kn[n4    
7#ac7 ,! ongo+ procurem5t by ,iran (    
te*nologies ne$$ to boo/ ! range1       
accuracy1 & payloads ( its div]se       
balli/ic missile ars5al repres5ts a     
?reat to deploy$ p]sonnel ( ! ,unit$    

,/ates & allies ( ! ,unit$ ,/ates 9     
,europe & ! ,middle ,ea/1 includ+       
,israel4  7#ad7 ,a%ton ,c>t]1 ,secret>y 
( ,def5se1 te/ifi$ 9 a he>+ be=e ! ,arm$
 ,s]vices ,committee ( ! ,s5ate on ,july
 #g1 #bjae1 t1 ,the reason t we want to 
/op ,iran f hav+ an ,,icbm program is t 
! ,i 9 ,,icbm /&s = int]cont95tal1 :i*  
means hav+ ! capability to fly f ,iran  
to ! ,unit$ ,/ates1 & we don't want t4  
,t's :y we oppose ,i,c,b,ms44  7#ae7    
,?r\gh rec5t balli/ic missile laun* te/s
 ! ,gov]nm5t ( ,iran has %[n blatant    
disreg>d = int]national laws & its      
int5tion to cont9ue te/s ( t nature     
?r\gh\t ! implem5tation ( ! ,jo9t       
,compreh5sive ,plan ( ,action4  7#af7 ,!
 bank+ sector ( ,iran has facilitat$ !  
f9anc+ ( ! balli/ic missile programs 9  
,iran & evid5ce has n be5 provid$ t     
entities 9 t sector h ceas$ facilitat+ !
 f9anc+ ( ^? programs4  7#ag7 ,iran has 
be5 able to amass a l>ge ars5al (       
balli/ic missiles ?r\gh its illicit     
smuggl+ networks & dome/ic manufactur+  

capabilities t h be5 support$ & ma9ta9$ 
by ,iran's ,revolution>y ,gu>d ,corps & 
specific sectors ( ! economy ( ,iran4   
7#ah7 ,p5etration by ,iran's            
,revolution>y ,gu>d ,corps into !       
economy ( ,iran is well docum5t$ includ+
 inve/m5ts 9 ! con/ruction1 automotive1 
telecommunications1 electronics1 m9+1   
metallurgy1 & petro*emical sectors ( !  
economy ( ,iran4  7#ai7 ,items procur$  
?r\gh sectors ( ,iran specifi$ 9        
p>agraph 7#ah7 h dual use applications t
 are curr5tly be+ us$ to create balli/ic
 missiles 9 ,iran & w cont9ue to be a   
s\rce ( mat]ials = ! creation ( future  
weapons4  7#bj7 ,9 ord] to curb future  
illicit activity by ,iran1 ! ,gov]nm5t (
 ! ,unit$ ,/ates & ! int]national       
community mu/ take action aga9/ p]sons t
 facilitate & pr(it f ! illegal         
acquisition ( balli/ic missile p>ts &   
te*nology 9 support ( ! missile programs
 ( ,iran4  #c4 ,s5se ( ,congress ,x is !
 s5se ( ,congress t-- 7#a7 ! balli/ic   
missile program ( ,iran repres5ts a     

s]i\s ?reat to allies ( ! ,unit$ ,/ates 
9 ! ,middle ,ea/ & ,europe1 memb]s ( !  
,arm$ ,=ces deploy$ 9 ! ^? regions1 &   
ultimately ! ,unit$ ,/ates2  7#b7 ! te/+
 & production by ,iran ( balli/ic       
missiles capable ( c>ry+ a nucle> device
 is a cle> violation ( ,unit$ ,nations  
,security ,c\ncil ,resolution #bbca     
7#bjae71 :i* 0 unanim\sly adopt$ by !   
int]national community2  7#c7 ,iran is  
us+ its space laun* program to develop !
 capabilities necess>y to deploy an     
int]cont95tal balli/ic missile t c\ld   
?reat5 ! ,unit$ ,/ates1 & ! ,director ( 
,national ,intellig5ce has assess$ t    
,iran w\ld use balli/ic missiles z its  
pref]r$ me?od ( deliv]+ nucle> weapons2 
&  7#d7 ! ,gov]nm5t ( ! ,unit$ ,/ates   
%\ld impose t\gh prim>y & second>y      
sanctions aga9/ any sector ( ! economy (
 ,iran or any ,iranian p]son t directly 
or indirectly supports ! balli/ic       
missile program ( ,iran z well z any    
=eign p]son or f9ancial in/itution t    
engages 9 transactions or trade t       

support t program4  #d4 ,expansion (    
sanctions ) respect to ef=ts by ,iran to
 acquire balli/ic missile & relat$      
te*nology  7a7 ,c]ta9 p]sons ,section   
#afjd7;a7 ( ! ,iran-,iraq ,arms         
,non-,prolif]ation ,act ( #aiib 7,public
 ,law #ajb-dhd2 #ej ,u4,s4,c4 #agja     
note7 is am5d$ by ins]t+ 1 to acquire   
balli/ic missile or relat$ te*nology1   
aft] nucle> weapons4  7b7 ,=eign        
c\ntries ,section #afje7;a7 ( !         
,iran-,iraq ,arms ,non-,prolif]ation    
,act ( #aiib 7,public ,law #ajb-dhd2 #ej
 ,u4,s4,c4 #agja note7 is am5d$1 9 !    
matt] prec$+ p>agraph 7#a71 by ins]t+ 1 
to acquire balli/ic missile or relat$   
te*nology1 aft] nucle> weapons4  #e4    
,expansion ( sanctions ) respect to     
p]sons t acquire or develop balli/ic    
missiles ,section #e7;b77#a77;,b7 ( !   
,iran ,sanctions ,act ( #aiif 7,public  
,law #ajd-agb2 #ej ,u4,s4,c4 #agja note7
 is am5d$--  7#a7 9 clause 7i71 by /rik+
 w\ld likely & ins]t+ may2 &  7#b7 9    
clause 7ii7--  7,a7 9 subclause 7,i71 by

 /rik+ 2 or & ins]t+ a semicolon2  7,b7 
by r$esignat+ subclause 7,,ii7 z        
subclause 7,,iii72 &  7,c7 by ins]t+    
aft] subclause 7,i7 ! foll[+3  7,,ii7   
acquire or develop balli/ic missiles & !
 capability to laun* balli/ic missiles2 
or  4  #f4 ,imposition ( sanctions )    
respect to balli/ic missile program (   
,iran  7a7 ,9 g5]al ,title ,,ii ( !     
,iran ,?reat ,r$uction & ,syria ,human  
,rights ,act ( #bjab 7#bb ,u4,s4,c4     
#hgba et seq47 is am5d$ by add+ at ! end
 ! foll[+3  ,c ,measures relat+ to      
balli/ic missile program ( ,iran  #bca4 
,def9itions  7a7 ,9 g5]al ,9 ?is        
subtitle3 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 ,appropriate    
committees ( ,congress ,! t]m           
appropriate committees ( ,congress      
means-- 7,a7 ! committees specifi$ 9    
section #ad7b7 ( ! ,iran ,sanctions ,act
 ( #aiif 7,public ,law #ajd-agb2 #ej    

,u4,s4,c4 #agja note72 &  7,b7 !        
congressional def5se committees1 z def9$
 9 section #aja ( title #aj1 ,unit$     
,/ates ,code4  7#c7 ,correspond5t       
acc\nt2 payable-?r\gh acc\nt ,! t]ms    
correspond5t acc\nt & payable-?r\gh     
acc\nt h ! mean+s giv5 ^? t]ms 9 section
 #ecah;,a ( title #ca1 ,unit$ ,/ates    
,code4  7#d7 ,=eign f9ancial in/itution 
,! t]m =eign f9ancial in/itution has !  
mean+ ( t t]m z det]m9$ by ! ,secret>y (
 ! ,treasury pursuant to section        
#ajd7;i7 ( ! ,compreh5sive ,iran        
,sanctions1 ,acc\ntability1 & ,dive/m5t 
,act ( #bjaj 7#bb ,u4,s4,c4 #heac7;i774 
7#e7 ,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#f7 ,gov]nm5t ,! t]m 
,gov]nm5t1 ) respect to a =eign c\ntry1 
includes any ag5cies or in/rum5talities 
( t ,gov]nm5t & any entities controll$  

by t ,gov]nm5t4  7#g7 ,m$ical device ,! 
t]m m$ical device has ! mean+ giv5 ! t]m
 device 9 section #bja ( ! ,f$]al ,food1
 ,drug1 & ,cosmetic ,act 7#ba ,u4,s4,c4 
#cba74  7#h7 ,m$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  7b7 ,det]m9ations
 ( significance ,= purposes ( ?is       
subtitle1 9 det]m9+ if f9ancial         
transactions or f9ancial s]vices are    
significant1 ! ,presid5t may consid] !  
totality ( ! facts & circum/ances1      
includ+ factors simil> to ! factors set 
=? 9 section #efa4djd ( title #ca1 ,code
 ( ,f$]al ,regulations 7or any          
correspond+ simil> regulation or rul+74 
#bcb4 ,imposition ( sanctions ) respect 
to p]sons t support ! balli/ic missile  
program ( ,iran  7a7 ,id5tification (   
p]sons  7#a7 ,9 g5]al ,n lat] ?an #abj  
days aft] ! date ( ! enactm5t ( ! ,iran 
,balli/ic ,missile ,sanctions ,act1 & n 
less frequ5tly ?an once e #ahj days     
!reaft]1 ! ,presid5t %all1 9 coord9ation

 ) ! ,secret>y ( ,def5se1 ! ,director ( 
,national ,intellig5ce1 ! ,secret>y ( ! 
,treasury1 & ! ,secret>y ( ,/ate1 submit
 to ! appropriate committees ( ,congress
 a report id5tify+ p]sons t h kn[+ly    
aid$ ! ,gov]nm5t ( ,iran 9 ! developm5t 
( ! balli/ic missile program ( ,iran4   
7#b7 ,elem5ts ,ea* report requir$ by    
p>agraph 7#a7 %all include ! foll[+3    
7,a7 ,an id5tification ( p]sons         
7disaggregat$ by ,iranian & non-,iranian
 p]sons7 t h kn[+ly aid$ ! ,gov]nm5t (  
,iran 9 ! developm5t ( ! balli/ic       
missile program ( ,iran1 includ+ p]sons 
t h--  7i7 kn[+ly engag$ 9 ! direct or  
indirect provision ( mat]ial support to 
su* program2  7ii7 kn[+ly facilitat$1   
support$1 or engag$ 9 activities to     
fur!r ! developm5t ( su* program2  7iii7
 kn[+ly transmitt$ in=mation relat+ to  
balli/ic missiles to ! ,gov]nm5t (      
,iran2 or  7iv7 o!rwise kn[+ly aid$ su* 
program4  7,b7 ,a description ( ! "* &  
significance ( ! coop]ation ( ea* p]son 
id5tifi$ "u subp>agraph 7,a7 ) !        

,gov]nm5t ( ,iran ) respect to su*      
program4  7,c7 ,an assessm5t ( !        
coop]ation ( ! ,gov]nm5t ( ! ,democratic
 ,p's ,republic ( ,korea ) ! ,gov]nm5t (
 ,iran ) respect to su* program4  7#c7  
,classifi$ annex ,ea* report requir$ by 
p>agraph 7#a7 %all be submitt$ 9        
unclassifi$ =m1 b may conta9 a classifi$
 annex4  7b7 ,block+ ( prop]ty  7#a7 ,9 
g5]al ,n lat] ?an #ae days aft] submitt+
 a report requir$ by subsection 7a77#a71
 ! ,presid5t %all1 9 accordance ) !     
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq471     
block & prohibit all transactions 9 all 
prop]ty & int]e/s 9 prop]ty ( any p]son 
specifi$ 9 su* report 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 ,inapplicability (  
national em]g5cy requirem5t ,!          
requirem5ts "u section #bjb ( !         
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja7 %all n apply 

= purposes ( ?is subsection4  7c7       
,exclusion f ,unit$ ,/ates  7#a7 ,9     
g5]al ,except z provid$ 9 p>agraph 7#b71
 ! ,secret>y ( ,/ate %all d5y a visa to1
 & ! ,secret>y ( ,homel& ,security %all 
exclude f ! ,unit$ ,/ates1 any ali5     
subject to block+ ( prop]ty & int]e/s 9 
prop]ty "u subsection 7b74  7#b7        
,compliance ) ,unit$ ,nations headqu>t]s
 agreem5t ,p>agraph 7#a7 %all n apply to
 ! head ( /ate ( ,iran1 or necess>y /aff
 ( t head ( /ate1 if admission to !     
,unit$ ,/ates is necess>y to p]mit !    
,unit$ ,/ates to comply ) ! ,agreem5t   
reg>d+ ! ,headqu>t]s ( ! ,unit$         
,nations1 sign$ at ,lake ,success ,june 
#bf1 #aidg1 & ent]$ into =ce ,novemb]   
#ba1 #aidg1 betwe5 ! ,unit$ ,nations & !
 ,unit$ ,/ates4  7d7 ,facilitation (    
c]ta9 transactions ,! ,presid5t %all    
prohibit ! op5+1 & prohibit or impose   
/rict conditions on ! ma9ta9+1 9 !      
,unit$ ,/ates ( a correspond5t acc\nt or
 a payable-?r\gh acc\nt by a =eign      
f9ancial in/itution t ! ,presid5t       

det]m9es kn[+ly1 on or aft] ! date t is 
#ahj days aft] ! date ( ! enactm5t ( !  
,iran ,balli/ic ,missile ,sanctions     
,act1 conducts or facilitates a         
significant f9ancial transaction = a    
p]son subject to block+ ( prop]ty &     
int]e/s 9 prop]ty "u subsection 7b74    
#bcc4 ,block+ ( prop]ty ( p]sons        
affiliat$ ) c]ta9 ,iranian entities  7a7
 ,block+ ( prop]ty  7#a7 ,9 g5]al ,!    
,presid5t %all1 9 accordance ) !        
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq471     
block & prohibit all transactions 9 all 
prop]ty & int]e/s 9 prop]ty ( any p]son 
describ$ 9 p>agraph 7#c7 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              
,inapplicability ( national em]g5cy     
requirem5t ,! requirem5ts "u section    
#bjb ( ! ,int]national ,em]g5cy         
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja7 %all n apply = purposes ( ?is    

subsection4  7#c7 ,p]sons describ$ ,a   
p]son describ$ 9 ?is p>agraph is-- 7,a7 
an entity t is own$1 directly or        
indirectly1 by a #be p]c5t or great]    
int]e/--  7i7 by ! ,a]ospace ,indu/ries 
,organization1 ! ,%ahid ,hemmat         
,indu/rial ,gr\p1 ! ,%ahid ,bak]i       
,indu/rial ,gr\p1 or any ag5t or        
affiliate ( su* organization or gr\p2 or
  7ii7 collectively by a gr\p (         
individuals t hold an int]e/ 9 !        
,a]ospace ,indu/ries ,organization1 !   
,%ahid ,hemmat ,indu/rial ,gr\p1 !      
,%ahid ,bak]i ,indu/rial ,gr\p1 or any  
ag5t or affiliate ( su* organization or 
gr\p1 ev5 if none ( ^? individuals hold 
a #be p]c5t or great] int]e/ 9 ! entity2
  7,b7 a p]son t controls1 manages1 or  
directs an entity describ$ 9 subp>agraph
 7,a72 or  7,c7 an individual :o is on !
 bo>d ( directors ( an entity describ$ 9
 subp>agraph 7,a74  7b7 ,facilitation ( 
c]ta9 transactions ,! ,presid5t %all    
prohibit ! op5+1 & prohibit or impose   
/rict conditions on ! ma9ta9+1 9 !      

,unit$ ,/ates ( a correspond5t acc\nt or
 a payable-?r\gh acc\nt by a =eign      
f9ancial in/itution t ! ,presid5t       
det]m9es kn[+ly1 on or aft] ! date t is 
#ahj days aft] ! date ( ! enactm5t ( !  
,iran ,balli/ic ,missile ,sanctions     
,act1 conducts or facilitates a         
significant f9ancial transaction = a    
p]son subject to block+ ( prop]ty &     
int]e/s 9 prop]ty "u subsection 7a74    
7c7 ,iran ,missile ,prolif]ation ,wat*  
,li/  7#a7 ,9 g5]al ,n lat] ?an #ij days
 aft] ! date ( ! enactm5t ( ! ,iran     
,balli/ic ,missile ,sanctions ,act1 & n 
less frequ5tly ?an annually !reaft]1 !  
,secret>y ( ! ,treasury %all submit to !
 appropriate committees ( ,congress &   
publi% 9 ! ,f$]al ,regi/] a li/ (--     
7,a7 ea* entity 9 :i* ! ,a]ospace       
,indu/ries ,organization1 ! ,%ahid      
,hemmat ,indu/rial ,gr\p1 ! ,%ahid      
,bak]i ,indu/rial ,gr\p1 or any ag5t or 
affiliate ( su* organization or gr\p has
 an own]%ip int]e/ ( m ?an #j p]c5t &   
less ?an #be p]c5t2  7,b7 ea* entity 9  

:i* ! ,a]ospace ,indu/ries              
,organization1 ! ,%ahid ,hemmat         
,indu/rial ,gr\p1 ! ,%ahid ,bak]i       
,indu/rial ,gr\p1 or any ag5t or        
affiliate ( su* organization or gr\p    
does n h an own]%ip int]e/ b ma9ta9s a  
pres5ce on ! bo>d ( directors ( ! entity
 or o!rwise influ5ces ! actions1        
policies1 or p]sonnel decisions ( !     
entity2 &  7,c7 ea* p]son t controls1   
manages1 or directs an entity describ$ 9
 subp>agraph 7,a7 or 7,b74  7#b7        
,ref]5ce ,! li/ requir$ by p>agraph 7#a7
 may be ref]r$ to z ! ,iran ,missile    
,prolif]ation ,wat* ,li/4  7d7          
,comptroll] ,g5]al report  7#a7 ,9 g5]al
 ,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates
 %all-- 7,a7 conduct a review ( ea* li/ 
requir$ by subsection 7c77#a72 &  7,b7 n
 lat] ?an #fj days aft] ea* su* li/ is  
submitt$ to ! appropriate committees (  
,congress "u t subsection1 submit to !  
appropriate committees ( ,congress a    
report on ! review conduct$ "u          
subp>agraph 7,a7 t includes a li/ (     

p]sons n includ$ 9 t li/ t qualify =    
inclusion 9 t li/1 z det]m9$ by !       
,comptroll] ,g5]al4  7#b7 ,consultations
 ,9 prep>+ ! report requir$ by p>agraph 
7#a77;,b71 ! ,comptroll] ,g5]al %all    
consult ) nongov]nm5tal organizations4  
#bcd4 ,imposition ( sanctions ) respect 
to c]ta9 p]sons involv$ 9 balli/ic      
missile activities  7a7 ,c]tification ,n
 lat] ?an #abj days aft] ! date ( !     
enactm5t ( ! ,iran ,balli/ic ,missile   
,sanctions ,act1 & n less frequ5tly ?an 
once e #ahj days !reaft]1 ! ,presid5t   
%all submit to ! appropriate committees 
( ,congress a c]tification t ea* p]son  
li/$ 9 an annex ( ,unit$ ,nations       
,security ,c\ncil ,resolution #agcg     
7#bjjf71 #agdg 7#bjjg71 or #aibi 7#bjaj7
 is n directly or indirectly facilitat+1
 support+1 or involv$ ) ! developm5t (  
or transf] to ,iran ( balli/ic missiles 
or te*nology1 p>ts1 compon5ts1 or       
te*nology in=mation relat+ to balli/ic  
missiles4  7b7 ,block+ ( prop]ty  7#a7  
,9 g5]al ,if ! ,presid5t is unable to   

make a c]tification "u subsection 7a7 ) 
respect to a p]son & ! p]son is n       
curr5tly subject to sanctions ) respect 
to ,iran "u any o!r provision ( law1 !  
,presid5t %all1 n lat] ?an #ae days aft]
 t c]tification w\ld h be5 requir$ "u t 
subsection--  7,a7 9 accordance ) !     
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja et seq471     
block & prohibit all transactions 9 all 
prop]ty & int]e/s 9 prop]ty ( t 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]son2 &  7,b7
 publi% 9 ! ,f$]al ,regi/] a report     
describ+ ! reason :y ! ,presid5t 0      
unable to make a c]tification ) respect 
to t p]son4  7#b7 ,inapplicability (    
national em]g5cy requirem5t ,!          
requirem5ts "u section #bjb ( !         
,int]national ,em]g5cy ,economic ,p[]s  
,act 7#ej ,u4,s4,c4 #agja7 %all n apply 
= purposes ( ?is subsection4  7c7       
,exclusion f ,unit$ ,/ates  7#a7 ,9     

g5]al ,except z provid$ 9 p>agraph 7#b71
 ! ,secret>y ( ,/ate %all d5y a visa to1
 & ! ,secret>y ( ,homel& ,security %all 
exclude f ! ,unit$ ,/ates1 any ali5     
subject to block+ ( prop]ty & int]e/s 9 
prop]ty "u subsection 7b74  7#b7        
,compliance ) ,unit$ ,nations headqu>t]s
 agreem5t ,p>agraph 7#a7 %all n apply to
 ! head ( /ate ( ,iran1 or necess>y /aff
 ( t head ( /ate1 if admission to !     
,unit$ ,/ates is necess>y to p]mit !    
,unit$ ,/ates to comply ) ! ,agreem5t   
reg>d+ ! ,headqu>t]s ( ! ,unit$         
,nations1 sign$ at ,lake ,success ,june 
#bf1 #aidg1 & ent]$ into =ce ,novemb]   
#ba1 #aidg1 betwe5 ! ,unit$ ,nations & !
 ,unit$ ,/ates4  7d7 ,facilitation (    
c]ta9 transactions ,! ,presid5t %all    
prohibit ! op5+1 & prohibit or impose   
/rict conditions on ! ma9ta9+1 9 !      
,unit$ ,/ates ( a correspond5t acc\nt or
 a payable-?r\gh acc\nt by a =eign      
f9ancial in/itution t ! ,presid5t       
det]m9es kn[+ly1 on or aft] ! date t is 
#ahj days aft] ! date ( ! enactm5t ( !  

,iran ,balli/ic ,missile ,sanctions     
,act1 conducts or facilitates a         
significant f9ancial transaction = a    
p]son subject to block+ ( prop]ty &     
int]e/s 9 prop]ty "u subsection 7b74    
#bce4 ,imposition ( sanctions ) respect 
to c]ta9 sectors ( ,iran t support !    
balli/ic missile program ( ,iran  7a7   
,li/ ( sectors  7#a7 ,9 g5]al ,n lat]   
?an #abj days aft] ! date ( ! enactm5t (
 ! ,iran ,balli/ic ,missile ,sanctions  
,act1 & n less frequ5tly ?an once e #ahj
 days !reaft]1 ! ,presid5t %all submit  
to ! appropriate committees ( ,congress 
& publi% 9 ! ,f$]al ,regi/] a li/ ( !   
sectors ( ! economy ( ,iran t are       
directly or indirectly facilitat+1      
support+1 or involv$ ) ! developm5t ( or
 transf] to ,iran ( balli/ic missiles or
 te*nology1 p>ts1 compon5ts1 or         
te*nology in=mation relat+ to balli/ic  
missiles4  7#b7 ,c]ta9 sectors  7,a7 ,9 
g5]al ,n lat] ?an #abj days aft] ! date 
( enactm5t ( ! ,iran ,balli/ic ,missile 
,sanctions ,act1 ! ,presid5t %all submit

 to ! appropriate committees ( ,congress
 a det]m9ation z to :e!r ea* ( !        
automotive1 *emical1 comput] sci5ce1    
con/ruction1 electronic1 en]gy1         
metallurgy1 m9+1 petro*emical1 rese>*   
7includ+ univ]sities & rese>*           
in/itutions71 & telecommunications      
sectors ( ,iran meet ! crit]ia specifi$ 
9 p>agraph 7#a74  7,b7 ,inclusion 9     
initial li/ ,if ! ,presid5t det]m9es "u 
subp>agraph 7,a7 t ! sectors ( ! economy
 ( ,iran specifi$ 9 su* subp>agraph meet
 ! crit]ia specifi$ 9 p>agraph 7#a71 t  
sector %all be includ$ 9 ! initial li/  
submitt$ & publi%$ "u t p>agraph4  7b7  
,sanctions ) respect to specifi$ sectors
 ( ,iran  7#a7 ,block+ ( prop]ty  7,a7  
,9 g5]al ,! ,presid5t %all1 9 accordance
 ) ! ,int]national ,em]g5cy ,economic   
,p[]s ,act 7#ej ,u4,s4,c4 #agja et      
seq471 block & prohibit all transactions
 9 all prop]ty & int]e/s 9 prop]ty ( any
 p]son describ$ 9 p>agraph 7#d7 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  
,inapplicability ( national em]g5cy     
requirem5t ,! requirem5ts "u section    
#bjb ( ! ,int]national ,em]g5cy         
,economic ,p[]s ,act 7#ej ,u4,s4,c4     
#agja7 %all n apply = purposes ( ?is    
p>agraph4  7#b7 ,exclusion f ,unit$     
,/ates  7,a7 ,9 g5]al ,except z provid$ 
9 subp>agraph 7,b71 ! ,secret>y ( ,/ate 
%all d5y a visa to1 & ! ,secret>y (     
,homel& ,security %all exclude f !      
,unit$ ,/ates1 any ali5 t is a p]son    
describ$ 9 p>agraph 7#d74  7,b7         
,compliance ) ,unit$ ,nations headqu>t]s
 agreem5t ,subp>agraph 7,a7 %all n apply
 to ! head ( /ate ( ,iran1 or necess>y  
/aff ( t head ( /ate1 if admission to ! 
,unit$ ,/ates is necess>y to p]mit !    
,unit$ ,/ates to comply ) ! ,agreem5t   
reg>d+ ! ,headqu>t]s ( ! ,unit$         
,nations1 sign$ at ,lake ,success ,june 
#bf1 #aidg1 & ent]$ into =ce ,novemb]   
#ba1 #aidg1 betwe5 ! ,unit$ ,nations & !
 ,unit$ ,/ates4  7#c7 ,facilitation (   

c]ta9 transactions ,except z provid$ 9  
?is section1 ! ,presid5t %all prohibit !
 op5+1 & prohibit or impose /rict       
conditions on ! ma9ta9+1 9 ! ,unit$     
,/ates ( a correspond5t acc\nt or a     
payable-?r\gh acc\nt by a =eign f9ancial
 in/itution t ! ,presid5t det]m9es      
kn[+ly1 on or aft] ! date t is #ahj days
 aft] ! date ( ! enactm5t ( ! ,iran     
,balli/ic ,missile ,sanctions ,act1     
conducts or facilitates a significant   
f9ancial transaction = a p]son describ$ 
9 p>agraph 7#d74  7#d7 ,p]sons describ$ 
,a p]son is describ$ 9 ?is p>agraph if !
 ,presid5t det]m9es t ! p]son1 on or    
aft] ! date t is #ahj days aft] ! date (
 ! enactm5t ( ! ,iran ,balli/ic ,missile
 ,sanctions ,act--  7,a7 op]ates 9 a    
sector ( ! economy ( ,iran includ$ 9 !  
mo/ rec5t li/ publi%$ by ! ,presid5t "u 
subsection 7a72  7,b7 kn[+ly provides   
significant f9ancial1 mat]ial1          
te*nological1 or o!r support to1 or     
goods or s]vices 9 support (1 any       
activity or transaction on behalf ( or =

 ! b5efit ( a p]son describ$ 9          
subp>agraph 7,a72 or  7,c7 is own$ or   
controll$ by a p]son describ$ 9         
subp>agraph 7,a74  7c7 ,humanit>ian     
exception ,! ,presid5t may n impose     
sanctions "u ?is section ) respect to   
any p]son = conduct+ or facilitat+ a    
transaction = ! sale ( agricultural     
commodities1 food1 m$ic9e1 or m$ical    
devices to ,iran or = ! provision (     
humanit>ian assi/ance to ! p ( ,iran4   
#bcf4 ,id5tification ( =eign p]sons t   
support ! balli/ic missile program (    
,iran 9 c]ta9 sectors ( ,iran  7a7 ,9   
g5]al ,n lat] ?an #abj days aft] ! date 
( ! enactm5t ( ! ,iran ,balli/ic        
,missile ,sanctions ,act1 & n less      
frequ5tly ?an annually !reaft]1 !       
,presid5t %all submit to ! appropriate  
committees ( ,congress & publi% 9 !     
,f$]al ,regi/] a li/ ( all =eign p]sons 
t h1 bas$ on cr$ible in=mation1 directly
 or indirectly facilitat$1 support$1 or 
be5 involv$ ) ! developm5t ( balli/ic   
missiles or te*nology1 p>ts1 compon5ts1 

or te*nology in=mation relat$ to        
balli/ic missiles 9 ! foll[+ sectors ( !
 economy ( ,iran dur+ ! p]iod specifi$ 9
 subsection 7b73  7#a7 ,automotive4     
7#b7 ,*emical4  7#c7 ,comput] ,sci5ce4  
7#d7 ,con/ruction4  7#e7 ,electronic4   
7#f7 ,en]gy4  7#g7 ,metallurgy4  7#h7   
,m9+4  7#i7 ,petro*emical4  7#aj7       
,rese>* 7includ+ univ]sities & rese>*   
in/itutions74  7#aa7                    
,telecommunications4  7#ab7 ,any o!r    
sector ( ! economy ( ,iran id5tifi$ "u  
section #bce7;a74  7b7 ,p]iod specifi$  
,! p]iod specifi$ 9 ?is subsection is-- 
7#a7 ) respect to ! fir/ li/ submitt$ "u
 subsection 7a71 ! p]iod beg9n+ on !    
date ( ! enactm5t ( ! ,iran ,balli/ic   
,missile ,sanctions ,act & end+ on !    
date t is #abj days aft] su* date (     
enactm5t2 &  7#b7 ) respect to ea*      
subsequ5t li/ submitt$ "u su*           
subsection1 ! "o-ye> p]iod prec$+ !     
submission ( ! li/4  7c7 ,comptroll]    
,g5]al report  7#a7 ,9 g5]al ,) respect 
to ea* li/ submitt$ "u subsection 7a71 n

 lat] ?an #abj days aft] ! li/ is       
submitt$ "u t subsection1 ! ,comptroll] 
,g5]al ( ! ,unit$ ,/ates %all submit to 
! appropriate committees ( ,congress--  
7,a7 an assessm5t ( ! processes foll[$  
by ! ,presid5t 9 prep>+ ! li/2  7,b7 an 
assessm5t ( ! =eign p]sons includ$ 9 !  
li/2 &  7,c7 a li/ ( p]sons n includ$ 9 
! li/ t qualify = inclusion 9 ! li/1 z  
det]m9$ by ! ,comptroll] ,g5]al4  7#b7  
,consultations ,9 prep>+ ! report       
requir$ by p>agraph 7#a71 ! ,comptroll] 
,g5]al %all consult ) nongov]nm5tal     
organizations4  7d7 ,cr$ible in=mation  
def9$ ,9 ?is section1 ! t]m cr$ible     
in=mation has ! mean+ giv5 t t]m 9      
section #ad ( ! ,iran ,sanctions ,act ( 
#aiif 7,public ,law #ajd-agb2 #ej       
,u4,s4,c4 #agja note74  4  7b7 ,cl]ical 
am5dm5t ,! table ( cont5ts = ! ,iran    
,?reat ,r$uction & ,syria ,human ,rights
 ,act ( #bjab is am5d$ by ins]t+ aft] ! 
item relat+ to section #bbd ! foll[+3   
,subtitle ,c--,measures relat+ to       
balli/ic missile program ( ,iran,sec4   

#bca4 ,def9itions4,sec4 #bcb4           
,imposition ( sanctions ) respect to    
p]sons t support ! balli/ic missile     
program ( ,iran4,sec4 #bcc4 ,block+ (   
prop]ty ( p]sons affiliat$ ) c]ta9      
,iranian entities4,sec4 #bcd4           
,imposition ( sanctions ) respect to    
c]ta9 p]sons involv$ 9 balli/ic missile 
activities4,sec4 #bce4 ,imposition (    
sanctions ) respect to c]ta9 sectors (  
,iran t support ! balli/ic missile      
program ( ,iran4,sec4 #bcf4             
,id5tification ( =eign p]sons t support 
! balli/ic missile program ( ,iran 9    
c]ta9 sectors ( ,iran4  4  #g4          
,expansion ( m&atory sanctions ) respect
 to f9ancial in/itutions t engage 9     
c]ta9 transactions relat+ to balli/ic   
missile capabilities ( ,iran ,section   
#ajd ( ! ,compreh5sive ,iran ,sanctions1
 ,acc\ntability1 & ,dive/m5t ,act (     
#bjaj 7#bb ,u4,s4,c4 #heac7 is am5d$--  
7#a7 9 subsection 7c77#b7-- 7,a7 9      
subp>agraph 7,a7--  7i7 9 clause 7i71 by
 /rik+ 2 or & ins]t+ a semicolon2  7ii7 

by r$esignat+ clause 7ii7 z clause      
7iii72 &  7iii7 by ins]t+ aft] clause   
7i7 ! foll[+3  7ii7 to acquire or       
develop balli/ic missiles & capabilities
 & laun* te*nology relat+ to balli/ic   
missiles2 or  2 &  7,b7 9 subp>agraph   
7,e77ii7-- 7i7 9 subclause 7,i71 by     
/rik+ 2 or & ins]t+ a semicolon2  7ii7  
by r$esignat+ subclause 7,,ii7 z        
subclause 7,,iii72 &  7iii7 by ins]t+   
aft] subclause 7,i7 ! foll[+3  7,,ii7   
,iran's developm5t ( balli/ic missiles &
 capabilities & laun* te*nology relat+  
to balli/ic missiles2 or  2 &  7#b7 9   
subsection 7f7-- 7,a7 by r$esignat+     
p>agraphs 7#a7 & 7#b7 z subp>agraphs    
7,a7 & 7,b71 respectively1 & mov+ ^?    
subp>agraphs1 z s r$esignat$1 two ems to
 ! "r2  7,b7 by /rik+ ,waiv]4--,! &     
ins]t+ 8,waiv]4--  7#a7 ,9 g5]al ,except
 z provid$ 9 p>agraph 7#b71 !  2 &  7,c7
 by add+ at ! end ! foll[+3  7#b7       
,exception ,! ,secret>y ( ! ,treasury   
may n waive "u p>agraph 7#a7 !          
application ( a prohibition or condition

 impos$ ) respect to an activity        
describ$ 9 subp>agraph 7,a77ii7 or      
7,e77ii77,,ii7 ( subsection 7c77#b74  4 
#h4 ,disclosure to ! ,securities &      
,ex*ange ,commission ( activities )     
c]ta9 sectors ( ,iran t support !       
balli/ic missile program ( ,iran  7a7 ,9
 g5]al ,section #ac7r77#a7 ( !          
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #ghm7r77#a77 is am5d$-- 7#a7 9
 subp>agraph 7,c71 by /rik+ 2 or &      
ins]t+ a semicolon2  7#b7 by r$esignat+ 
subp>agraph 7,d7 z subp>agraph 7,e72 &  
7#c7 by ins]t+ aft] subp>agraph 7,c7 !  
foll[+3  7,d7 kn[+ly engag$ 9 any       
activity = :i* sanctions may be impos$  
"u section #bce ( ! ,iran ,?reat        
,r$uction & ,syria ,human ,rights ,act (
 #bjab2  4  7b7 ,inve/igations ,section 
#ac7r77#e77;,a7 ( ! ,securities ,ex*ange
 ,act ( #aicd is am5d$ by /rik+ an      
,executive ord] specifi$ 9 clause 7i7 or
 7ii7 ( p>agraph 7#a77;,d7 & ins]t+     
section #bce ( ! ,iran ,?reat ,r$uction 
& ,syria ,human ,rights ,act ( #bjab1 an

 ,executive ord] specifi$ 9 clause 7i7  
or 7ii7 ( p>agraph 7#a77;,e74  7c7      
,con=m+ am5dm5t ,section #ac7r77#e7 ( ! 
,securities ,ex*ange ,act ( #aicd is    
am5d$1 9 ! matt] prec$+ subp>agraph     
7,a71 by /rik+ subp>agraph 7,d77iii7 &  
ins]t+ subp>agraph 7,e77iii74  7d7      
,effective date ,! am5dm5ts made by ?is 
section %all take effect ) respect to   
reports requir$ to be fil$ ) !          
,securities & ,ex*ange ,commission aft] 
! date t is #ahj days aft] ! date ( !   
enactm5t ( ?is ,act4  #i4 ,regulations  
,n lat] ?an #ij days aft] ! date ( !    
enactm5t ( ?is ,act1 ! ,presid5t %all   
prescribe regulations to c>ry out ?is   
,act & ! am5dm5ts made by ?is ,act4