,i #aag? ,,congress #a/ ,session ,h4 ,r4 #deib ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #ba1 #bjba,mr4 ,hill 7= himself & ,mr4 ,lawson ( ,florida7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,a ,,bill ,to require ! ,presid5t to report on f9ancial in/itutions' involvem5t ) (ficials ( ! ,iranian ,gov]nm5t1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,hold+ ,iranian ,lead]s ,acc\ntable ,act ( #bjba4 #b4 ,f9d+s ,! ,congress f9ds ! foll[+3 7#a7 ,iran is *>act]iz$ by high levels ( (ficial & in/itutional corruption1 & sub/antial involvem5t by ,iran's security =ces1 p>ticul>ly ! ,islamic ,revolution>y ,gu>d ,corps 7,,irgc71 9 ! economy4 7#b7 ,9 #bjai1 ! ,dep>tm5t ( ! ,treasury conclud$ t ,iran is a jurisdiction ( prim>y money laund]+ conc]n & impos$ re/rictions on correspond5t acc\nts 9 ! ,unit$ ,/ates involv+ ,iranian f9ancial in/itutions4 7#c7 ,9 ,june #bjai1 ! ,f9ancial ,action ,task ,=ce 7,,fatf7 urg$ all jurisdictions to require increas$ sup]visory exam9ation = bran*es & subsidi>ies ( f9ancial in/itutions bas$ 9 ,iran4 ,! ,,fatf lat] call$ ^u its memb]s to introduce enhanc$ relevant report+ me*anisms or sy/ematic report+ ( f9ancial transactions1 & require increas$ ext]nal audit requirem5ts1 = f9ancial gr\ps ) respect to any ( _! bran*es & subsidi>ies locat$ 9 ,iran4 7#d7 ,! ,transp>5cy ,int]national index ( p]ceiv$ public corruption ranks ,iran #ach? out ( #ahj c\ntries survey$4 7#e7 ,accord+ to ! ,/ate ,dep>tm5t's ,c\ntry ,reports on ,t]rorism 9 #bjah1 ,iran rema9s ! _w's wor/ /ate sponsor ( t]rorism4 ,! regime has sp5t ne>ly "o billion doll>s p] ye> to support t]rori/ gr\ps t s]ve z its proxies & exp& its malign influ5ce across ! globe4 ,tehran has fund$ int]national t]rori/ gr\ps su* z ,hizballah1 ,hamas1 & ,pale/9ian ,islamic ,jihad44 #c4 ,report on f9ancial in/itutions connect$ to c]ta9 ,iranian (ficials 7a7 ,f9ancial in/itutions report 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft] = #b ye>s1 ! ,presid5t %all submit a report to ! appropriate ,memb]s ( ,congress conta9+-- 7,a7 ! e/imat$ total funds held 9 f9ancial in/itutions t are "u direct or indirect control by ea* ( five or m ( ! natural p]sons describ$ "u subsection 7b71 & a description ( su* funds2 & 7,b7 a li/ ( any f9ancial in/itutions t-- 7i7 ma9ta9 an acc\nt 9 connection ) significant funds describ$ 9 subp>agraph 7,a72 or 7ii7 kn[+ly provide significant f9ancial s]vices to a natural p]son cov]$ by ! report4 7#b7 ,brief+ requir$ ,n lat] ?an #fj days aft] submitt+ a report describ$ "u p>agraph 7#a71 ! ,secret>y ( ! ,treasury1 or a designee ( ! ,secret>y1 %all brief ! appropriate ,memb]s ( ,congress on ! funds cov]$ by ! report1 includ+ a description ( h[ ! funds 7 acquir$1 & any illicit or corrupt means employ$ to acquire or use ! funds4 7#c7 ,exemptions ,! requirem5ts describ$ "u p>agraph 7#a7 may n be appli$ ) respect to a natural p]son or a f9ancial in/itution1 z ! case may be1 if ! ,presid5t det]m9es3 7,a7 ,! funds describ$ "u subp>agraph 7,a7 ( p>agraph 7#a7 7 prim>ily acquir$ ?r\gh legal or noncorrupt means4 7,b7 ,! natural p]son has agre$ to provide significant coop]ation to ! ,unit$ ,/ates = an important national security or law en=cem5t purpose ) respect to ,iran4 7,c7 ,a f9ancial in/itution t w\ld o!rwise be li/$ 9 ! report requir$ by p>agraph 7#a7 has agre$ to-- 7i7 no long] ma9ta9 an acc\nt describ$ "u subp>agraph 7,c77i7 ( p>agraph 7#a72 7ii7 no long] provide significant f9ancial s]vices to a natural p]son cov]$ by ! report2 or 7iii7 provide significant coop]ation to ! ,unit$ ,/ates = an important national security or law en=cem5t purpose ) respect to ,iran4 7#d7 ,waiv] ,! ,presid5t may waive = up to #a ye> at a "t any requirem5t "u p>agraph 7#a7 ) respect to a natural p]son or a f9ancial in/itution aft] report+ 9 writ+ to ! appropriate ,memb]s ( ,congress t ! waiv] is 9 ! national int]e/ ( ! ,unit$ ,/ates1 ) a detail$ explanation ( ! reasons !re=4 7b7 ,p]sons describ$ ,! natural p]sons describ$ 9 ?is subsection are ! foll[+3 7#a7 ,! ,supreme ,lead] ( ,iran4 7#b7 ,! ,presid5t ( ,iran4 7#c7 ,memb]s ( ! ,c\ncil ( ,gu>dians4 7#d7 ,memb]s ( ! ,exp$i5cy ,c\ncil4 7#e7 ,! ,m9i/] ( ,intellig5ce & ,security4 7#f7 ,! ,comm&] & ! ,deputy ,comm&] ( ! ,,irgc4 7#g7 ,! ,comm&] & ! ,deputy ,comm&] ( ! ,,irgc ,gr\nd ,=ces4 7#h7 ,! ,comm&] & ! ,deputy ,comm&] ( ! ,,irgc ,a]ospace ,=ce4 7#i7 ,! ,comm&] & ! ,deputy ,comm&] ( ! ,,irgc ,navy4 7#aj7 ,! ,comm&] ( ! ,basij-e-,mo/az'af94 7#aa7 ,! ,comm&] ( ! ,qods ,=ce4 7#ab7 ,! ,comm&] 9 ,*ief ( ! ,police ,=ce4 7#ac7 ,! head ( ! ,,irgc ,jo9t ,/aff4 7#ad7 ,! ,comm&] ( ! ,,irgc ,intellig5ce4 7#ae7 ,! head ( ! ,,irgc ,imam ,husse9 ,univ]sity4 7#af7 ,! ,supreme ,lead]'s ,repres5tative at ! ,,irgc4 7#ag7 ,! ,*ief ,executive ,(fic] & ! ,*airman ( ! ,,irgc ,coop]ative ,f\ndation4 7#ah7 ,! ,comm&] ( ! ,khatam-al-,anbia ,con/ruction ,head ,qu>t]4 7#ai7 ,! ,*ief ,executive ,(fic] ( ! ,basij ,coop]ative ,f\ndation4 7#bj7 ,! head ( ! ,political ,bureau ( ! ,,irgc4 7#ba7 ,! s5ior lead]%ip1 z det]m9$ by ! ,presid5t1 ( any t]rori/ gr\p or regional proxy =ce support$ by ! ,gov]nm5t ( ,iran1 includ+ ,hizballah1 ,hamas1 ,pale/9ian ,islamic ,jihad1 & ,kata'ib ,hizballah4 7c7 ,=m ( report2 public availability 7#a7 ,=m ,! report requir$ "u subsection 7a7 %all be submitt$ 9 unclassifi$ =m b may conta9 a classifi$ annex4 7#b7 ,public availability ,! ,presid5t %all make ! unclassifi$ portion ( su* report public ^u det]m9+ t ! publication w\ld sub/antially promote any ( ! foll[+3 7,a7 ,det]r+ or sanction+ (ficial corruption 9 ,iran4 7,b7 ,hold+ natural p]sons li/$ 9 ! report acc\ntable to ! p ( ,iran4 7,c7 ,combat+ money laund]+ or ! f9anc+ ( t]rorism4 7,d7 ,a*iev+ any o!r /rategic objective ) respect to ! ,gov]nm5t ( ,iran4 7#c7 ,waiv] ,! ,presid5t may waive ! requirem5ts ( p>agraph 7#b7 ^u report+ 9 writ+ to ! appropriate ,memb]s ( ,congress t ! waiv] is 9 ! national int]e/ ( ! ,unit$ ,/ates1 ) a detail$ explanation ( ! reasons !re=4 7#d7 ,=mat ( publicly available reports ,if ! ,presid5t makes ! unclassifi$ portion ( a report public pursuant to p>agraph 7#b71 ! ,secret>y ( ! ,treasury %all make x available to ! public on ! website ( ! ,dep>tm5t ( ! ,treasury-- 7,a7 9 ,engli%1 ,f>si1 ,arabic1 & ,az]i2 & 7,b7 9 precompress$1 easily d[nloadable v]sions t are made available 9 all appropriate =mats4 #d4 ,sunset ,! provisions ( ?is ,act %all h no =ce or effect on ! e>li] (-- 7#a7 ! date t is #c ye>s aft] ! date ( enactm5t ( ?is ,act2 or 7#b7 #cj days aft] ! ,presid5t reports 9 writ+ to ! appropriate ,memb]s ( ,congress t-- 7,a7 ,iran is n a jurisdiction ( prim>y money laund]+ conc]n2 or 7,b7 ! ,gov]nm5t ( ,iran is provid+ significant coop]ation to ! ,unit$ ,/ates = ! purpose ( prev5t+ acts ( int]national t]rorism1 or = ! promotion ( any o!r /rategic objective t is important to ! national int]e/ ( ! ,unit$ ,/ates1 z specifi$ 9 ! report by ! ,presid5t4 #e4 ,def9itions ,= purposes ( ?is ,act3 7#a7 ,appropriate ,memb]s ( ,congress ,! t]m appropriate ,memb]s ( ,congress means ! ,speak] & m9ority lead] ( ! ,h\se ( ,repres5tatives1 ! majority lead] & m9ority lead] ( ! ,s5ate1 ! ,*airman & ,rank+ ,memb] ( ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives1 & ! ,*airman & ,rank+ ,memb] ( ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate4 7#b7 ,f9ancial in/itution ,! t]m f9ancial in/itution means a ,unit$ ,/ates f9ancial in/itution or a =eign f9ancial in/itution4 7#c7 ,=eign f9ancial in/itution ,! t]m =eign f9ancial in/itution has ! mean+ giv5 t t]m 9 section #efa4cjh ( title #ca1 ,code ( ,f$]al ,regulations4 7#d7 ,funds ,! t]m funds has ! mean+ giv5 to su* t]m by ! ,secret>y ( ! ,treasury4 7#e7 ,kn[+ly ,! t]m kn[+ly ) respect to conduct1 a circum/ance1 or a result1 means t a p]son has actual k1 or %\ld h kn[n1 ( ! conduct1 ! circum/ance1 or ! result4 7#f7 ,unit$ ,/ates f9ancial in/itution ,! t]m ,unit$ ,/ates f9ancial in/itution has ! mean+ giv5 ! t]m ,u4,s4 f9ancial in/itution "u section #efa4cji ( title #ca1 ,code ( ,f$]al ,regulations4