,i #aag? ,,congress #b;d ,session ,h4 ,r4 #hdei ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #ba1 #bjbb,mr4 ,b>r 7= himself & ,ms4 ,dean7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs1 & 9 addition to ! ,committee on ! ,judici>y1 = 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 impose sanctions ) respect to =eign p]sons t engage 9 c]ta9 transactions ) ,ukra9ian prop]ty4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,russian ,prop]ty ,!ft & ,occupation ,act ( #bjbb4 #b4 ,sanctions ) respect to =eign p]sons t engage 9 c]ta9 transactions ) ,ukra9ian prop]ty 7a7 ,imposition ( sanctions 7#a7 ,9 g5]al ,on & aft] ! date t is #cj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t %all impose ! sanctions describ$ 9 subsection 7b7 ) respect to a =eign p]son if ! ,presid5t det]m9es t ! =eign p]son1 on or aft] su* date ( enactm5t1 kn[+ly engages 9 an activity describ$ 9 p>agraph 7#b74 7#b7 ,activities describ$ ,a =eign p]son-- 7,a7 "u ! direct or indirect control (1 or act+ = or on behalf (1 ! ,gov]nm5t ( ! ,russian ,f$]ation t is responsible = or complicit 91 or has directly or indirectly engag$ 91 or attempt$ to engage 91 ! seizure1 confiscation1 !ft1 expropriation1 or appropriation ( prop]ty = p]sonal ga9 or political purposes 9 ,ukra9e2 7,b7 t kn[+ly provides significant f9ancial1 mat]ial1 or te*nological support to1 or kn[+ly engages 9 a transaction )1 a =eign p]son describ$ 9 subp>agraph 7,a72 or 7,c7 t is a lead]1 (ficial1 s5ior executive (fic]1 or memb] ( ! bo>d ( directors ( an entity ! ,presid5t det]m9es op]ates 9 illegally occupi$ areas 9 ,ukra9e4 7b7 ,sanctions describ$ 7#a7 ,9 g5]al ,! sanctions to be impos$ ) respect to a =eign p]son describ$ 9 subsection 7a7 are ! foll[+3 7,a7 ,block+ ( prop]ty ,! ,presid5t %all ex]cise all ( ! p[]s grant$ to ! ,presid5t "u ! ,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 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 ,ineligibility = visas1 admission1 or p>ole 7i7 ,visas1 admission1 or p>ole ,an ali5 describ$ 9 subsection 7a7 is-- 7,i7 inadmissible to ! ,unit$ ,/ates2 7,,ii7 ineligible to receive a visa or o!r docum5tation to ent] ! ,unit$ ,/ates2 & 7,,iii7 o!rwise ineligible to be admitt$ or p>ol$ into ! ,unit$ ,/ates or to receive any o!r b5efit "u ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja et seq474 7ii7 ,curr5t visas revok$ 7,i7 ,9 g5]al ,an ali5 describ$ 9 subsection 7a7 is subject to revocation ( any visa or o!r entry docum5tation reg>dless ( :5 ! visa or o!r entry docum5tation is or 0 issu$4 7,,ii7 ,imm$iate effect ,a revocation "u subclause 7,i7 %all-- 7aa7 take effect imm$iately2 & 7bb7 automatically cancel any o!r valid visa or entry docum5tation t is 9 ! ali5's possession4 7#b7 ,p5alties ,! p5alties provid$ = 9 subsections 7b7 & 7c7 ( section #bjf ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agje7 %all apply to a p]son t violates1 attempts to violate1 conspires to violate1 or causes a violation ( regulations promulgat$ to c>ry out p>agraph 7#a77;,a7 to ! same ext5t t su* p5alties apply to a p]son t commits an unlawful act describ$ 9 section #bjf7;a7 ( t ,act4 7#c7 ,exceptions ,sanctions "u p>agraph 7#a77;,b7 %all n apply ) respect to an ali5 if admitt+ or p>ol+ ! ali5 into ! ,unit$ ,/ates is necess>y-- 7,a7 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$ ,/ates1 or o!r applicable int]national obligations2 or 7,b7 to c>ry out or assi/ law en=cem5t activity 9 ! ,unit$ ,/ates4 7c7 ,report requir$ ,n lat] ?an #fj days aft] ! date ( ! enactm5t ( ?is ,act1 & e #ij days !reaft]1 ! ,secret>y ( ,/ate %all submit to ! appropriate congressional committees a report t id5tifies1 = ! p]iod beg9n+ on ! date ( ! enactm5t ( ?is ,act & end+ on ! date ( ! report1 =eign p]sons t h engag$ 9 ! activity describ$ 9 p>agraphs 7#b77;,a71 7#b77;,b71 & 7#b77;,c7 ( subsection 7a74 7d7 ,congressional reque/s ,n lat] ?an #cj days aft] receiv+ a reque/ f ! *airman or rank+ memb] ( ! appropriate congressional committees ) respect to :e!r a p]son meets ! crit]ia ( a p]son describ$ 9 subsection 7a7 ! ,presid5t %all-- 7#a7 det]m9e if ! p]son meets su* crit]ia2 & 7#b7 submit a classifi$ or unclassifi$ report to su* *airman or rank+ memb]1 z ! case may be1 t submitt$ ! reque/ ) respect to t det]m9ation t includes a /atem5t ( :e!r or n ! ,presid5t impos$ or int5ds to impose sanctions ) respect to su* p]son4 7e7 ,national security waiv] ,! ,presid5t may waive ! application ( sanctions "u ?is section ) respect to a =eign p]son if ! ,presid5t-- 7#a7 det]m9es t ! waiv] is 9 ! national security int]e/s ( ! ,unit$ ,/ates2 & 7#b7 submits to ! appropriate congressional committees a report on ! waiv] & ! reasons = ! waiv]4 7f7 ,appropriate congressional committees def9$ ,9 ?is section1 ! t]m 8appropriate congressional committees0 means-- 7#a7 ! ,committee on ,=eign ,relations & ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate2 & 7#b7 ! ,committee on ,=eign ,affairs & ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4