#aaeth ,,congress #b;d ,session ,in the ,house of ,representatives1 ,u4 ,s41 ,september #be1 #bjah ,,amendment3 ,that the bill from the ,senate 7,s4 #aeie7 entitled ,an ,act to amend the ,hizballah ,international ,financing ,prevention ,act of #bjae to impose additional sanctions with respect to ,hizballah1 and for other purposes41 do pass with the following ,strike out all after the enacting clause and insert3 #a4 ,short title2 table of contents 7a7 ,short title ,this ,act may be cited as the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah4 7b7 ,table of contents ,the table of contents for this ,act is as follows3 ,sec4 #a4 ,short title2 table of contents4 ,title ,i--,prevention of ,access by ,hizballah to ,international ,financial and ,other ,institutions ,sec4 #aja4 ,mandatory sanctions with respect to fundraising and recruitment activities for ,hizballah4 ,sec4 #ajb4 ,modification of report with respect to financial institutions that engage in certain transactions4 ,sec4 #ajc4 ,sanctions against certain agencies and instrumentalities of foreign states4 ,sec4 #ajd4 ,diplomatic initiatives to prevent hostile activities by ,iran and disrupt and degrade ,hizballah's illicit networks4 ,title ,,ii--,narcotics ,trafficking and ,transnational ,criminal ,activities of ,hizballah ,sec4 #bja4 ,imposition of sanctions with respect to affiliated networks of ,hizballah for transnational criminal activities4 ,sec4 #bjb4 ,report on racketeering activities engaged in by ,hizballah4 ,sec4 #bjc4 ,modification of report on activities of foreign governments to disrupt activities of ,hizballah2 reports on membership in ,hizballah4 ,title ,,iii--,general provisions ,sec4 #cja4 ,regulatory authority4 ,sec4 #cjb4 ,implementation2 penalties2 judicial review2 exemptions2 rule of construction2 exception relating to importation of goods4 ,sec4 #cjc4 ,report consolidation and modification4 ,i ,prevention of ,access by ,hizballah to ,international ,financial and ,other ,institutions #aja4 ,mandatory sanctions with respect to fundraising and recruitment activities for ,hizballah 7a7 ,in general ,section #aja of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note7 is amended to read as follows3 #aja4 ,mandatory sanctions with respect to fundraising and recruitment activities for ,hizballah 7a7 ,in general ,the ,president shall1 on or after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 impose the sanctions described in subsection 7b7 with respect to any foreign person that the ,president determines knowingly provides significant financial1 material1 or technological support for or to-- 7#a7 ,bayt al-,mal1 ,jihad al-,bina1 the ,islamic ,resistance ,support ,association1 the ,foreign ,relations ,department of ,hizballah1 the ,external ,security ,organization of ,hizballah1 or any successor or affiliate thereof as designated by the ,president2 7#b7 al-,manar ,,tv1 al ,nour ,radio1 or the ,lebanese ,media ,group1 or any successor or affiliate thereof as designated by the ,president2 7#c7 a foreign person determined by the ,president to be engaged in fundraising or recruitment activities for ,hizballah2 or 7#d7 a foreign person owned or controlled by a person described in paragraph 7#a71 7#b71 or 7#c74 7b7 ,sanctions described ,the sanctions described in this subsection are the following3 7#a7 ,asset blocking ,the exercise of all powers granted to the ,president by the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agja et seq47 7except that the requirements of section #bjb of such ,act 7#ej ,u4,s4,c4 #agja7 shall not apply7 to the extent necessary to block and prohibit all transactions in all property and interests in property of a foreign person determined by the ,president to be subject to subsection 7a7 if such property and interests in property are in the ,united ,states1 come within the ,united ,states1 or are or come within the possession or control of a ,united ,states person4 7#b7 ,aliens ineligible for visas1 admission1 or parole 7,a7 ,visas1 admission1 or parole ,an alien who the ,secretary of ,state or the ,secretary of ,homeland ,security 7or designee of one of such ,secretaries7 determines is subject to subsection 7a7 is-- 7i7 inadmissible to the ,united ,states2 7ii7 ineligible to receive a visa or other documentation to enter the ,united ,states2 and 7iii7 otherwise ineligible to be admitted or paroled into the ,united ,states or to receive any other benefit under the ,immigration and ,nationality ,act 7#h ,u4,s4,c4 #aaja et seq474 7,b7 ,current visas revoked 7i7 ,in general ,the ,secretary of ,state or the ,secretary of ,homeland ,security 7or designee of one of such ,secretaries7 shall revoke any visa or other entry documentation issued to an alien who the ,president determines is subject to subsection 7a71 regardless of when issued4 7ii7 ,effect of revocation ,a revocation under clause 7i7 shall take effect immediately and shall automatically cancel any other valid visa or entry documentation that is in the possession of the alien4 7c7 ,waiver 7#a7 ,in general ,the ,president may1 for periods not to exceed #ahj days1 waive the imposition of sanctions under this section if the ,president certifies to the appropriate congressional committees that such waiver is in the national security interests of the ,united ,states4 7#b7 ,briefing ,not later than #cj days after the issuance of a waiver under paragraph 7#a7 with respect to a foreign person1 and every #ahj days thereafter while the waiver remains in effect1 the ,president shall brief the appropriate congressional committees on the status of the involvement of the foreign person in activities described in subsection 7a74 7d7 ,definitions ,in this section3 7#a7 ,admitted2 alien ,the terms admitted and alien have meanings given those terms in section #aja of the ,immigration and ,nationality ,act 7#h ,u4,s4,c4 #aaja74 7#b7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7,a7 the ,committee on ,foreign ,affairs1 the ,committee on ,ways and ,means1 the ,committee on the ,judiciary1 the ,committee on ,financial ,services1 and the ,permanent ,select ,committee on ,intelligence of the ,house of ,representatives2 and 7,b7 the ,committee on ,foreign ,relations1 the ,committee on ,finance1 the ,committee on ,banking1 ,housing1 and ,urban ,affairs1 the ,committee on the ,judiciary1 and the ,select ,committee on ,intelligence of the ,senate4 7#c7 ,entity ,the term entity means a partnership1 association1 corporation1 or other organization1 group1 or subgroup4 7#d7 ,foreign person ,the term foreign person means any person that is not a ,united ,states person4 7#e7 ,hizballah ,the term ,hizballah has the meaning given such term in section #ajb7;e74 7#f7 ,person ,the term person means an individual or entity4 7#g7 ,united states person ,the term ,united ,states person means a ,united ,states citizen1 an alien lawfully admitted for permanent residence1 an entity organized under the laws of the ,united ,states 7including foreign branches71 or a person in the ,united ,states4 4 7b7 ,clerical amendment ,the table of contents for the ,hizballah ,international ,financing ,prevention ,act of #bjae is amended by striking the item relating to section #aja and inserting the following new item3 ,sec4 #aja4 ,mandatory sanctions with respect to fundraising and recruitment activities for ,hizballah4 4 #ajb4 ,modification of report with respect to financial institutions that engage in certain transactions ,section #ajb7;d7 of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note7 is amended to read as follows3 7d7 ,report on financial institutions organized under the laws of state sponsors of terrorism 7#a7 ,in general ,not later than #ahj days after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 and every #b years thereafter for a period not to exceed #d years1 the ,president shall submit to the appropriate congressional committees a report that-- 7,a7 identifies each foreign financial institution described in paragraph 7#b7 that the ,president determines engages in one or more activities described in subsection 7a77#b72 and 7,b7 provides a detailed description of each such activity4 7#b7 ,foreign financial institution described 7,a7 ,in general ,a foreign financial institution described in this paragraph is a foreign financial institution-- 7i7 that1 wherever located1 is-- 7,i7 organized under the laws of a state sponsor of terrorism or any jurisdiction within a state sponsor of terrorism2 7,,ii7 owned or controlled by the government of a state sponsor of terrorism2 7,,iii7 located in the territory of a state sponsor of terrorism2 or 7,,iv7 owned or controlled by a foreign financial institution described in subclause 7,i71 7,,ii71 or 7,,iii72 and 7ii7 the capitalization of which exceeds #aj1jjj1jjj4 7,b7 ,state sponsor of terrorism defined ,in this paragraph1 the term state sponsor of terrorism means a country the government of which the ,secretary of ,state has determined is a government that has repeatedly provided support for acts of international terrorism for purposes of-- 7i7 section #aged7;c7 of the ,export ,control ,reform ,act of #bjah2 7ii7 section #fbj;,a of the ,foreign ,assistance ,act of #aifa 7#bb ,u4,s4,c4 #bcga72 7iii7 section #dj of the ,arms ,export ,control ,act 7#bb ,u4,s4,c4 #bghj72 or 7iv7 any other provision of law4 4 #ajc4 ,sanctions against certain agencies and instrumentalities of foreign states 7a7 ,in general ,title ,i of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note7 is amended by adding at the end the following3 #ajc4 ,sanctions against certain agencies and instrumentalities of foreign states 7a7 ,sanctions 7#a7 ,in general ,not later than #ahj days after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 and as appropriate thereafter1 the ,president shall impose the sanctions described in paragraph 7#c7 with respect to an agency or instrumentality of a foreign state described in paragraph 7#b74 7#b7 ,agency or instrumentality of a foreign state described ,an agency or instrumentality of a foreign state is described in this paragraph if the ,president determines that the agency or instrumentality has1 on or after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 knowingly-- 7,a7 conducted significant joint combat operations with1 or significantly supported combat operations of1 ,hizballah2 or 7,b7 provided significant financial support for or to1 or significant arms or related materiel to1 ,hizballah4 7#c7 ,sanctions described ,the sanctions described in this paragraph are the exercise of all powers granted to the ,president by the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agja et seq47 7except that the requirements of section #bjb of such ,act 7#ej ,u4,s4,c4 #agja7 shall not apply7 to the extent necessary to block and prohibit all transactions in all property and interests in property of an agency or instrumentality of a foreign state if such property and interests in property are in the ,united ,states1 come within the ,united ,states1 or are or come within the possession or control of a ,united ,states person4 7b7 ,waiver 7#a7 ,in general ,the ,president may1 for periods not to exceed #ahj days1 waive the imposition of sanctions under this section with respect to an agency or instrumentality of a foreign state if the ,president certifies to the appropriate congressional committees that such waiver is vital to the national security interests of the ,united ,states4 7#b7 ,briefing ,not later than #cj days after the issuance of a waiver under paragraph 7#a7 with respect to an agency or instrumentality of a foreign state1 and every #ahj days thereafter while the waiver remains in effect1 the ,president shall brief the appropriate congressional committees on the status of the involvement of the agency or instrumentality in activities described in subsection 7a77#b74 7c7 ,special rule ,the ,president shall not be required to impose sanctions under this section with respect to an agency or instrumentality of a foreign state if the ,secretary certifies in writing to the appropriate congressional committees that-- 7#a7 the agency or instrumentality-- 7,a7 is no longer engaging in activities described in subsection 7a77#b72 or 7,b7 has taken and is continuing to take significant verifiable steps toward terminating such activities2 and 7#b7 the ,president has received reliable assurances from the government of the foreign state that the agency or instrumentality will not engage in any activity described in subsection 7a77#b7 in the future4 7d7 ,definitions ,in this section3 7#a7 ,agency or instrumentality of a foreign state ,the term agency or instrumentality of a foreign state has the meaning given the term in section #afjc7;b7 of title #bh1 ,united ,states ,code4 7#b7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7,a7 the ,committee on ,foreign ,affairs1 the ,committee on ,financial ,services1 the ,committee on ,ways and ,means1 the ,committee on the ,judiciary1 the ,committee on ,appropriations1 and the ,permanent ,select ,committee on ,intelligence of the ,house of ,representatives2 and 7,b7 the ,committee on ,foreign ,relations1 the ,committee on ,banking1 ,housing1 and ,urban ,affairs1 the ,committee on the ,judiciary1 ,committee on ,finance1 ,committee on ,appropriations1 and the ,select ,committee on ,intelligence of the ,senate4 7#c7 ,arms or related materiel ,the term arms or related materiel means-- 7,a7 nuclear1 biological1 chemical1 or radiological weapons or materials or components of such weapons2 7,b7 ballistic or cruise missile weapons or materials or components of such weapons2 and 7,c7 destabilizing numbers and types of advanced conventional weapons4 7#d7 ,hizballah ,the term ,hizballah has the meaning given such term in section #ajb7;e74 7#e7 ,united ,states person ,the term ,united ,states person has the meaning given such term in section #aja7;d74 4 7b7 ,clerical amendment ,the table of contents for the ,hizballah ,international ,financing ,prevention ,act of #bjae is amended by inserting after the item relating to section #ajb the following new item3 ,sec4 #ajc4 ,sanctions against certain agencies and instrumentalities of foreign states4 4 #ajd4 ,diplomatic initiatives to prevent hostile activities by ,iran and disrupt and degrade ,hizballah's illicit networks 7a7 ,diplomatic ,engagement ,title ,i of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #abi ,stat4 #bbjf2 #ej ,u4,s4,c4 #agja note71 as amended by section #ajc of this ,act1 is further amended by adding at the end the following3 #ajd4 ,diplomatic initiatives to prevent hostile activities by ,iran and disrupt and degrade ,hizballah's illicit networks ,not later than #ahj days after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 the ,president shall instruct the ,secretary of ,state1 in consultation with the ,secretary of the ,treasury1 to increase cooperation with foreign governments to assist in strengthening the capacity of such governments to prevent hostile activity by ,iran and disrupt and degrade ,hizballah's illicit activities1 including diplomatic engagement that involves-- 7#a7 efforts to target and expose illicit finance networks1 arrest perpetrators1 freeze assets1 and address ,iran and ,hizballah's use of illicit financial networks using international trade and banking systems2 7#b7 efforts to assist willing governments with the development of counter-organized crime legislation1 the strengthening of financial investigative capacity1 and a fully-vetted counter-organized crime judicial model in jurisdictions plagued with corruption2 and 7#c7 efforts to persuade governments to list ,hizballah as a terrorist organization4 4 7b7 ,clerical amendment ,the table of contents for the ,hizballah ,international ,financing ,prevention ,act of #bjae is amended by inserting after the item related to section #ajc1 as added by section #ajc7;b7 of this ,act1 the following new item3 ,sec4 #ajd4 ,diplomatic initiatives to prevent hostile activities by ,iran and disrupt and degrade ,hizballah's illicit networks4 4 ,,ii ,narcotics ,trafficking and ,transnational ,criminal ,activities of ,hizballah #bja4 ,imposition of sanctions with respect to affiliated networks of ,hizballah for transnational criminal activities 7a7 ,statement of policy ,it is the policy of the ,united ,states to determine if individuals and entities that are designated by the ,united ,states ,government on or after the date of the enactment of this ,act as being associated with ,hizballah are engaged in transnational organized crime or related activities on or after such date of enactment4 7b7 ,in general ,section #bja of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note7 is amended to read as follows3 #bja4 ,imposition of sanctions with respect to affiliated networks of ,hizballah for transnational criminal activities 7a7 ,in general ,the ,president shall1 on or after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 impose the sanctions described in subsection 7b7 with respect to affiliated networks of ,hizballah1 including1 as appropriate1 by reason of significant transnational criminal activities engaged in by such networks4 7b7 ,sanctions described ,the sanctions described in this subsection are sanctions applicable with respect to ,hizballah pursuant to any provision of law1 including ,executive ,order #aceha 7#ej ,u4,s4,c4 #agja note2 relating to blocking property of transnational criminal organizations7 7as such ,executive ,order was in effect on the day before the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah74 7c7 ,waiver ,the ,president may1 for periods not to exceed #ahj days1 waive the imposition of sanctions under this section if the ,president certifies to the appropriate congressional committees that such waiver is in the national security interests of the ,united ,states4 7d7 ,definitions ,in this section3 7#a7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7,a7 the ,committee on ,foreign ,affairs1 the ,committee on ,ways and ,means1 the ,committee on ,appropriations1 the ,committee on ,financial ,services1 and the ,permanent ,select ,committee on ,intelligence of the ,house of ,representatives2 and 7,b7 the ,committee on ,foreign ,relations1 the ,committee on ,banking1 ,housing1 and ,urban ,affairs1 the ,committee on ,appropriations1 and the ,select ,committee on ,intelligence of the ,senate4 7#b7 ,hizballah ,the term ,hizballah has the meaning given such term in section #ajb7;e74 4 7c7 ,conforming amendment ,the title heading for title ,,ii of the ,hizballah ,international ,financing ,prevention ,act of #bjae is amended to read as follows3 ,,ii ,sanctions and reports relating to narcotics trafficking and significant transnational criminal activities of ,hizballah 4 7d7 ,clerical amendments ,the table of contents for the ,hizballah ,international ,financing ,prevention ,act of #bjae is amended-- 7#a7 by striking the item relating to title ,,ii and inserting the following3 ,,title ,,ii--,sanctions and reports relating to narcotics trafficking and significant transnational criminal activities of ,hizballah 2 and 7#b7 by striking the item relating to section #bja and inserting the following3 ,sec4 #bja4 ,imposition of sanctions with respect to affiliated networks of ,hizballah for transnational criminal activities4 4 #bjb4 ,report on racketeering activities engaged in by ,hizballah 7a7 ,in general ,section #bjb of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note7 is amended to read as follows3 #bjb4 ,report on racketeering activities engaged in by ,hizballah 7a7 ,in general ,not later than #ahj days after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 the ,president shall submit to the appropriate congressional committees a report on information regarding activities that ,hizballah1 and agents and affiliates of ,hizballah1 have engaged in that are racketeering activities1 including any patterns regarding such racketeering activities4 7b7 ,form of report ,each report required under subsection 7a7 shall be submitted in an unclassified form but may contain a classified annex4 7c7 ,definitions ,in this section3 7#a7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7,a7 the ,committee on the ,judiciary1 the ,committee on ,foreign ,affairs1 the ,committee on ,financial ,services1 and the ,committee on ,appropriations of the ,house of ,representatives2 and 7,b7 the ,committee on the ,judiciary1 the ,committee on ,foreign ,relations1 the ,committee on ,banking1 ,housing1 and ,urban ,affairs1 and the ,committee on ,appropriations of the ,senate4 7#b7 ,hizballah ,the term ,hizballah has the meaning given such term in section #ajb7;e74 7#c7 ,racketeering activity ,the term racketeering activity means any activity that would be considered a racketeering activity 7as defined in section #aifa7a7 of title #ah1 ,united ,states ,code7 if the activity were engaged in the ,united ,states or by a ,united ,states person4 7#d7 ,united ,states person ,the term ,united ,states person has the meaning given such term in section #aja7;d74 4 7b7 ,clerical amendment ,the table of contents for the ,hizballah ,international ,financing ,prevention ,act of #bjae is amended by striking the item relating to section #bjb and inserting the following3 ,sec4 #bjb4 ,report on racketeering activities engaged in by ,hizballah4 4 #bjc4 ,modification of report on activities of foreign governments to disrupt activities of ,hizballah2 reports on membership in ,hizballah 7a7 ,in general ,section #bjd of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note7 is amended-- 7#a7 in subsection 7a77#a7-- 7,a7 in the matter preceding subparagraph 7,a71 by striking this ,act and inserting the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 and once every #b years thereafter for the following #d years2 7,b7 in subparagraph 7,d77ii77,,ii71 by striking and at the end2 7,c7 in subparagraph 7,e71 by striking and free-trade zones4 and inserting free-trade zones1 business partnerships and joint ventures1 and other investments in small and medium-sized enterprises22 and 7,d7 by adding at the end the following3 7,f7 a list of jurisdictions outside of ,lebanon that expressly consent to1 or with knowledge allow1 the use of their territory by ,hizballah to carry out terrorist activities1 including training1 financing1 and recruitment2 7,g7 a description of the total aggregate revenues and remittances that ,hizballah receives from the global logistics networks of ,hizballah2 7,h7 a list of ,hizballah's sources of revenue1 including sources of revenue based on illicit activity1 revenues from ,iran1 charities1 and other business activities2 7,i7 a list of ,hizballah's expenditures1 including expenditures for ongoing military operations1 social networks1 and external operations2 7,j7 a description of steps to be taken by ,federal agencies to combat the illicit tobacco trafficking networks used by ,hizballah2 7,k7 an assessment of ,hizballah's financial operations in areas under its operational or political control in ,lebanon and ,syria and available measures to target ,hizballah's financial operations in those areas2 7,l7 a review of ,hizballah's international operational capabilities1 including in the ,united ,states2 7,m7 a review of-- 7i7 the total number and value of ,hizballah-related assets seized and forfeited2 and 7ii7 the total number of indictments1 prosecutions1 and extraditions of ,hizballah members or affiliates2 and 7,n7 a review of efforts by the ,united ,states to prevent hostile activities by ,iran and disrupt and degrade ,hizballah's illicit networks in the ,western ,hemisphere1 including interagency coordination to ensure that information-sharing1 interdictions1 arrests1 investigations1 indictments1 sanctions1 and designations related to ,hizballah individuals or networks in the ,western ,hemisphere are integrated1 coordinated1 and publicly communicated by the ,united ,states in a manner that supports ,united ,states interests4 2 7#b7 by redesignating subsections 7b7 and 7c7 as subsections 7c7 and 7d71 respectively2 7#c7 by inserting after subsection 7a7 the following3 7b7 ,enhanced due diligence 7#a7 ,in general ,the ,president is authorized to require each financial institution in the ,united ,states that knowingly maintains a correspondent account or a payable-through account in the ,united ,states for a foreign financial institution described in paragraph 7#b7 to establish enhanced due diligence policies1 procedures1 and controls in accordance with section #ecah7;i77#b77;,b7 of title #ca1 ,united ,states ,code1 and regulations to implement such section with respect to such accounts4 7#b7 ,foreign financial institution described ,a foreign financial institution described in this paragraph is a foreign financial institution that the ,president determines provides significant financial services to persons operating in a jurisdiction identified in unclassified form in the list required under subsection 7a77#a77;,f74 7#c7 ,definitions ,in this subsection1 the terms correspondent account and payable-through account have the meanings given those terms in section #ecah;,a of title #ca1 ,united ,states ,code4 2 and 7#d7 in subsection 7c71 as redesignated by paragraph 7#b7-- 7,a7 by striking this ,act1 and every #ahj days thereafter1 and inserting the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 and every #ahj days thereafter for the following #d years12 and 7,b7 by adding before the period at the end the following3 and on any requirements for enhanced due diligence prescribed under subsection 7b74 7b7 ,report on estimated net worth of senior ,hizballah members 7#a7 ,in general ,not later than #ahj days after the date of the enactment of this ,act1 the ,president shall submit to the appropriate congressional committees a report that contains-- 7,a7 the estimated total net worth of each individual described in paragraph 7#b72 and 7,b7 to the extent feasible1 a description of how funds of each individual described in paragraph 7#b7 were acquired1 and how such funds have been used or employed4 7#b7 ,individuals described ,the individuals described in this paragraph are the following3 7,a7 ,the ,secretary ,general of ,hizballah4 7,b7 ,members of ,hizballah's senior leadership or senior associates of ,hizballah that the ,president determines materially assist or support ,hizballah4 7,c7 ,any other individual that the ,president determines is a senior foreign political figure of ,hizballah4 7#c7 ,form of report2 public availability 7,a7 ,form ,the report required under paragraph 7#a7 shall be submitted in unclassified form but may contain a classified annex4 7,b7 ,public availability ,the unclassified portion of the report required under paragraph 7#a7 shall be made available to the public in precompressed1 easily downloadable versions that are made available in all appropriate formats4 7#d7 ,definitions ,in this subsection3 7,a7 ,appropriate congressional committees ,the term appropriate congressional committees means-- 7i7 the ,committee on ,foreign ,affairs1 the ,committee on ,financial ,services1 and the ,permanent ,select ,committee on ,intelligence of the ,house of ,representatives2 and 7ii7 the ,committee on ,foreign ,relations1 the ,committee on ,banking1 ,housing1 and ,urban ,affairs1 and the ,select ,committee on ,intelligence of the ,senate4 7,b7 ,funds ,the term funds means-- 7i7 cash2 7ii7 equity2 7iii7 any other intangible asset the value of which is derived from a contractual claim1 including bank deposits1 bonds1 stocks1 a security 7as defined in section #b7;a7 of the ,securities ,act of #aicc 7#ae ,u4,s4,c4 #gg;b7a7771 or a security or an equity security 7as those terms are defined in section #c7;a7 of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #gh;c7a7772 and 7iv7 anything else of value that the ,secretary of the ,treasury determines to be appropriate4 7,c7 ,senior foreign political figure ,the term senior foreign political figure has the meaning given that term in section #ajaj4fje of title #ca1 ,code of ,federal ,regulations 7or any successor regulation74 7c7 ,report on individuals who are members of the ,lebanese ,parliament and who identify as members of ,hizballah 7#a7 ,in general ,not later than #ahj days after the date of the enactment of this ,act1 the ,president shall transmit to the appropriate congressional committees a report that contains the following3 7,a7 ,a list of individuals who are members of the ,lebanese ,parliament and who identify as members of ,hizballah4 7,b7 ,a description of any significant conduct of individuals on the list required under subparagraph 7,a7 that the ,president determines may be grounds for designation pursuant to ,executive ,order #acbbd 7#ej ,u4,s4,c4 #agja note2 relating to blocking property and prohibiting transactions with persons who commit1 threaten to commit1 or support terrorism74 7#b7 ,form ,the report required under paragraph 7#a7 shall be transmitted in unclassified form1 but may include a classified annex4 7#c7 ,appropriate congressional committees defined ,in this subsection1 the term appropriate congressional committees means-- 7,a7 the ,committee on ,foreign ,affairs1 the ,committee on ,financial ,services1 and the ,permanent ,select ,committee on ,intelligence of the ,house of ,representatives2 and 7,b7 the ,committee on ,foreign ,relations1 the ,committee on ,banking1 ,housing1 and ,urban ,affairs1 and the ,select ,committee on ,intelligence of the ,senate4 ,,iii ,general provisions #cja4 ,regulatory authority 7a7 ,in general ,the ,president shall1 not later than #ahj days after the date of the enactment of this ,act1 prescribe regulations as necessary for the implementation of this ,act and the amendments made by this ,act4 7b7 ,notification to ,congress ,not later than #aj days before the prescription of regulations under subsection 7a71 the ,president shall notify the appropriate congressional committees regarding the proposed regulations and the provisions of this ,act and the amendments made by this ,act that the regulations are implementing4 7c7 ,appropriate congressional committees defined ,in this section1 the term appropriate congressional committees means-- 7#a7 the ,committee on ,foreign ,affairs and the ,committee on ,financial ,services of the ,house of ,representatives2 and 7#b7 the ,committee on ,foreign ,relations and the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate4 #cjb4 ,implementation2 penalties2 judicial review2 exemptions2 rule of construction2 exception relating to importation of goods 7a7 ,in general ,title ,i of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note71 as amended by sections #ajc and #ajd of this ,act1 is further amended by adding at the end the following3 #aje4 ,implementation2 penalties2 judicial review2 exemptions2 rule of construction 7a7 ,implementation ,the ,president may exercise all authorities provided under sections #bjc and #bje of the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agjb and #agjd7 to carry out sections #aja1 #ajb1 #ajc1 and #bja of this ,act4 7b7 ,penalties ,the penalties provided for in subsections 7b7 and 7c7 of section #bjf of the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agje7 shall apply to a person that violates1 attempts to violate1 conspires to violate1 or causes a violation of regulations prescribed to carry out section #aja1 #ajb1 #ajc1 or #bja of this ,act to the same extent that such penalties apply to a person that commits an unlawful act described in subsection 7a7 of such section #bjf4 7c7 ,procedures for judicial review of classified information 7#a7 ,in general ,if a finding under section #aja1 #ajb1 #ajc1 or #bja of this ,act1 or a prohibition1 condition1 or penalty imposed as a result of any such finding1 is based on classified information 7as defined in section #a7;a7 of the ,classified ,information ,procedures ,act 7#ah ,u4,s4,c4 ,app477 and a court reviews the finding or the imposition of the prohibition1 condition1 or penalty1 the ,president may submit such information to the court ex parte and in camera4 7#b7 ,rule of construction ,nothing in this subsection shall be construed to confer or imply any right to judicial review of any finding under section #aja1 #ajb1 #ajc1 or #bja of this ,act1 or any prohibition1 condition1 or penalty imposed as a result of any such finding4 7d7 ,exemptions ,the following activities shall be exempt from sections #aja1 #ajb1 #ajc1 and #bja of this ,act3 7#a7 ,any authorized intelligence1 law enforcement1 or national security activities of the ,united ,states4 7#b7 ,any transaction necessary to comply with ,united ,states obligations under the ,agreement between the ,united ,nations and the ,united ,states of ,america regarding the ,headquarters of the ,united ,states1 signed at ,lake ,success ,june #bf1 #aidg1 and entered into force ,november #ba1 #aidg1 or the ,convention on ,consular ,relations1 done at ,vienna ,april #bd1 #aifc1 and entered into force ,march #ai1 #aifg1 or any other ,united ,states international agreement4 7e7 ,rule of construction ,nothing in section #aja1 #ajb1 #ajc1 or #bja of this ,act shall be construed to limit the authority of the ,president under the ,international ,emergency ,economic ,powers ,act 7#ej ,u4,s4,c4 #agja et seq47 or under any other provision of law4 7f7 ,exception relating to importation of goods 7#a7 ,in general ,the authorities and requirements to impose sanctions under this ,act shall not include the authority or requirement to impose sanctions on the importation of goods4 7#b7 ,definition ,in this subsection1 the term good means any article1 natural or manmade substance1 material1 supply or manufactured product1 including inspection and test equipment1 and excluding technical data4 4 7b7 ,clerical amendment ,the table of contents for the ,hizballah ,international ,financing ,prevention ,act of #bjae1 as amended by this ,act1 is further amended by inserting after the item relating to section #ajd1 as added by section #ajd7;b7 of this ,act1 the following new item3 ,sec4 #aje4 ,implementation2 penalties2 judicial review2 exemptions2 rule of construction4 4 7c7 ,conforming amendments ,section #ajb of the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note7 is amended-- 7#a7 in subsection 7a71 by striking paragraphs 7#c7 and 7#d72 7#b7 by striking subsection 7e72 and 7#c7 by redesignating subsection 7f7 as subsection 7e74 #cjc4 ,report consolidation and modification 7a7 ,in general ,any and all reports required to be submitted to ,congress under this ,act or the ,hizballah ,international ,financing ,prevention ,act of #bjae 7,public ,law #aad-ajb2 #ej ,u4,s4,c4 #agja note7 that are subject to a deadline for submission consisting of the same unit of time may be consolidated into a single report that is submitted to ,congress pursuant to such deadline4 7b7 ,matters to be included ,any report that is consolidated into a single report as described in subsection 7a7 shall contain all information required under this ,act or the ,hizballah ,international ,financing ,prevention ,act of #bjae in addition to all other elements required by previous law4 7c7 ,reports modification ,the ,north ,korea ,sanctions and ,policy ,enhancement ,act of #bjaf is amended as follows3 7#a7 ,in section #bji7;a77#c77;,a7 7#bb ,u4,s4,c4 #ibbi7;a77#c77;,a771 by striking not later than #ij days after the date of the enactment of this ,act1 and every #ahj days thereafter and inserting not later than #ij days after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 and every #ahj days thereafter for #e years4 7#b7 ,in section #cjb7;a7 7#bb ,u4,s4,c4 #ibda7;a771 by striking ,not later than #ahj days after the date of the enactment of this ,act and inserting ,not later than #abj days after the date of the enactment of the ,hizballah ,international ,financing ,prevention ,amendments ,act of #bjah1 and periodically thereafter4 ,clerk4