,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fjae  ,,in ,,the ,,house ,,of  
,,representatives  ,february #bh1       
#bjbj,mr4 ,steil 7for himself1 ,mr4     
,hill of ,arkansas1 ,mr4 ,zeldin1 ,mr4  
,gooden1 ,mr4 ,riggleman1 and ,mr4      
,timmons7 introduced the following bill2
 which was referred to the ,committee on
 ,financial ,services  ,a ,,bill  ,to   
authorize the ,secretary of the         
,treasury to require special measures   
for domestic financial institutions in  
connection with ,,instex1 and for other 
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,stop ,evasion of   
,iran ,sanctions ,act of #bjbj4  #b4    
,requirement of special measures at     
domestic financial institutions  7a7 ,in
 general ,the ,secretary of the         
,treasury may require domestic financial
 institutions and domestic financial    
agencies to take one or more of the     
special measures described under section
 #ecah;,a7b7 of title #ca1 ,united      
,states ,code1 with respect to a        

financial institution operating outside 
of the ,united ,states1 if the          
,secretary determines that the financial
 institution operating outside of the   
,united ,states knowingly conducts a    
significant transaction in connection   
with the ,instrument in ,support of     
,trade ,exchanges 7,,instex71 or any    
successor thereof1 after issuing a      
report to the ,committee on ,financial  
,services of the ,house of              
,representatives and the ,committee on  
,banking1 ,housing1 and ,urban ,affairs 
of the ,senate that contains-- 7#a7 a   
statement that the transaction          
facilitates the evasion or circumvention
 of ,united ,states sanctions2  7#b7 a  
statement that the ,secretary has       
consulted1 and continues to consult1    
with ,european allies and partners on   
the implications of ,,instex1 or any    
successor thereof1 with respect to      
shared policy objectives1 particularly  
as the objectives relate to the         
acquisition of nuclear weapons by ,iran2

  7#c7 a statement that the requirement 
of a special measure is important to    
advance clear objectives with respect to
 the policies or the behavior of a      
financial institution operating outside 
of the ,united ,states1 or of any other 
foreign person1 with an explanation of  
the objectives2  7#d7 an assessment of  
any significant adverse effects of the  
special measure1 directly or indirectly1
 on the use of the ,united ,states      
dollar and the ,united ,states financial
 system by foreign persons1 and a       
summary of efforts by the ,secretary to 
mitigate such effects2 and  7#e7 a      
statement that the requirement of the   
special measure is in the national      
interest of the ,united ,states1 with an
 explanation of the reasons therefor4   
7b7 ,sunset ,the provision of this      
section shall have no force or effect on
 the earlier of-- 7#a7 #g years after   
the date of enactment of this ,act2 and 
7#b7 the date on which the ,president   
issues a written report to the ,congress

 7and makes such report available to the
 public7 stating that the termination of
 the authorities under this section is  
important to the national interest of   
the ,united ,states1 with an explanation
 of the reasons therefor4  7c7          
,definitions ,in this section1 the terms
 domestic financial institution1        
domestic financial agency1 and financial
 institution have the meaning given     
those terms1 respectively1 under section
 #ecab of title #ca1 ,united ,states    
,code4