,,ii #aag? ,,congress #b;d ,session ,s4 #cebf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,janu>y #ai 7legislative day1 ,janu>y #ah71 #bjbb,mr4 ,sullivan introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to require ! imposition ( sanctions ) respect to ! ,p's ,republic ( ,*9a if ! ,p's ,lib]ation ,army initiates a milit>y invasion ( ,taiwan1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,sanctions ,t>get+ ,aggressors ( ,neighbor+ ,democracies ) ,taiwan ,act ( #bjbb or ! ,,/& ) ,taiwan ,act ( #bjbb4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4,sec4 #b4 ,f9d+s4,sec4 #c4 ,s5se ( ,congress4,sec4 #d4 ,/atem5t ( policy4,sec4 #e4 ,def9itions4,sec4 #f4 ,det]m9ation ( ! initiation ( a milit>y invasion by ! ,p's ,lib]ation ,army or its proxies4,sec4 #g4 ,imposition ( sanctions ) respect to memb]s ( ! ,*9ese ,communi/ ,p>ty4,sec4 #h4 ,imposition ( sanctions ) respect to f9ancial in/itutions affiliat$ ) ! ,*9ese ,communi/ ,p>ty4,sec4 #i4 ,imposition ( sanctions ) respect to entities own$ by or affiliat$ ) ! ,*9ese ,communi/ ,p>ty4,sec4 #aj4 ,prohibition on transf]s ( funds involv+ ! ,p's ,republic ( ,*9a4,sec4 #aa4 ,prohibition on li/+ or trad+ ( ,*9ese entities on ,unit$ ,/ates securities ex*anges4,sec4 #ab4 ,prohibition on inve/m5ts by ,unit$ ,/ates f9ancial in/itutions t b5efit ! ,*9ese ,communi/ ,p>ty4,sec4 #ac4 ,prohibition on importation ( c]ta9 goods made 9 ! ,p's ,republic ( ,*9a4,sec4 #ad4 ,exceptions2 waiv]4,sec4 #ae4 ,implem5tation2 p5alties4 #b4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,taiwan is a free & prosp]\s democracy ( ne>ly #bd1jjj1jjj p1 an important contributor to peace & /ability ar\nd ! _w1 & cont9ues to embody & promote democratic values1 fre$om1 & human rights 9 ,asia4 7#b7 ,! policy ( ! ,unit$ ,/ates t[>d ,taiwan is guid$ by ! ,taiwan ,relations ,act 7#bb ,u4,s4,c4 #ccja et seq471 ! ,unit$ ,/ates-,p's ,republic ( ,*9a jo9t communiqus conclud$ 9 #aigb1 #aigh1 & #aihb1 & ! ,six ,assurances t ,presid5t ,ronald ,reagan communicat$ to ,taiwan 9 #aihb4 7#c7 ,"u section #b ( ! ,taiwan ,relations ,act 7#bb ,u4,s4,c4 #ccja71 x is ! policy ( ! ,unit$ ,/ates-- 7,a7 to pres]ve & promote ext5sive1 close1 & fri5dly comm]cial1 cultural1 & o!r relations betwe5 ! p ( ! ,unit$ ,/ates & ! p on ,taiwan1 z well z ! p on ! ,*9a ma9l& & all o!r peoples ( ! ,we/]n ,pacific area2 7,b7 to decl>e t peace & /ability 9 ! area are 9 ! political1 security1 & economic int]e/s ( ! ,unit$ ,/ates1 & are matt]s ( int]national conc]n2 7,c7 to make cle> t ! ,unit$ ,/ates decision to e/abli% diplomatic relations ) ! ,p's ,republic ( ,*9a re/s ^u ! expectation t ! future ( ,taiwan w be det]m9$ by peaceful means2 7,d7 to consid] any ef=t to det]m9e ! future ( ,taiwan by o!r ?an peaceful means1 includ+ by boycotts or emb>goes1 a ?reat to ! peace & security ( ! ,we/]n ,pacific area & ( grave conc]n to ! ,unit$ ,/ates2 7,e7 to provide ,taiwan ) arms ( a def5sive "*2 & 7,f7 to ma9ta9 ! capacity ( ! ,unit$ ,/ates to resi/ any resort to =ce or o!r =ms ( co]cion t w\ld jeop>dize ! security1 or ! social or economic sy/em1 ( ! p on ,taiwan4 7#d7 ,s9ce ! election ( ,presid5t ,tsai ,+-w5 z ,presid5t ( ,taiwan 9 #bjaf1 ! ,*9ese ,communi/ ,p>ty has employ$ a v>iety ( co]cive milit>y & nonmilit>y tactics %ort ( arm$ conflict 9 its ef=ts to ex]t exi/5tial pressure on ,taiwan1 includ+ ?r\gh diplomatic isolation1 re/rict+ t\rism1 cyb]attacks1 spread+ dis9=mation1 & controll+ ! ability ( ,taiwan to pur*ase ,,covid-#ai vacc9es f o!r c\ntries4 7#e7 ,9 #bjba1 !re 0 a notable increase 9 milit>y provocations by ! ,p's ,lib]ation ,army aga9/ ,taiwan1 includ+ increas$ flights ( milit>y aircraft )9 ,taiwan's air def5se id5tification zone1 hold+ milit>y ex]cises 9 ! vic9ity ( ,taiwan's controll$ wat]s1 & p]=m+ live-fire ex]cises 9 ! ,s\? ,*9a ,sea4 7#f7 ,9 ,m>* #bjba1 !n ,comm&] ( ! ,unit$ ,/ates ,indo-,pacific ,comm& ,admiral ,philip ,davidson te/ifi$ t ! ?reat ( a milit>y invasion ( ,taiwan by ! ,p's ,lib]ation ,army is manife/ dur+ ?is decade1 9 fact 9 ! next six ye>s4 7#g7 ,9 ,m>* #bjba1 !n ,comm&] ( ! ,unit$ ,/ates ,pacific ,fleet ,admiral ,john ,aquil9o te/ifi$ t ! ?reat ( a milit>y invasion by ! ,p's ,lib]ation ,army ( ,taiwan is mu* clos] to u ?an mo/ ?9k & c\ld mat]ialize well be=e #bjce4 7#h7 ,9 ,octob] #bjba1 ,presid5t ,joseph ,r4 ,bid5 publicly affirm$ t ! ,unit$ ,/ates w\ld come to ! def5se ( ,taiwan1 say+1 yes1 we h a commitm5t to d t4 7#i7 ,9 addition to milit>y p[]1 economic & f9ancial in/rum5ts ( ,unit$ ,/ates p[] & _! pot5tial use c h an important det]r5t effect on ! actions ( o!r c\ntries4 #c4 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 x is 9 ! int]e/s ( ! ,unit$ ,/ates to ma9ta9 a free & op5 ,indo-,pacific region1 ) peace & /ability 9 ! ,taiwan ,/rait z a critical compon5t2 7#b7 ef=ts by ! ,*9ese ,communi/ ,p>ty to unilat]ally det]m9e ! future ( ,taiwan ?r\gh non-peaceful means1 includ+ ?reats & ! direct use ( =ce1 milit>y co]cion1 economic boycotts or emb>goes1 & ef=ts to int]nationally isolate or annex ,taiwan-- 7,a7 directly und]m9e ! _s1 int5t1 & purpose ( ! ,taiwan ,relations ,act 7#bb ,u4,s4,c4 #ccja et seq472 7,b7 und]m9e peace & /ability 9 ! ,taiwan ,/rait2 7,c7 limit a free & op5 ,indo-,pacific region2 & 7,d7 are ( grave conc]n to ! ,gov]nm5t ( ! ,unit$ ,/ates2 7#c7 ! initiation ( a milit>y invasion ( ,taiwan by ! ,p's ,lib]ation ,army w\ld-- 7,a7 disrupt ! peace & /ability ( ! region & ?reat5 ! peace & /ability ( ! entire globe2 & 7,b7 und]m9e core ! political1 security1 & economic int]e/s ( ! ,unit$ ,/ates2 & 7#d7 z an important det]r5t measure aga9/ a milit>y invasion ( ,taiwan1 ! ,*9ese ,communi/ ,p>ty mu/ und]/& t initiat+ su* an invasion w result 9 cata/rophic economic & f9ancial consequ5ces = ! ,p's ,republic ( ,*9a4 #d4 ,/atem5t ( policy ,! policy ( ! ,gov]nm5t ( ! ,unit$ ,/ates on ,taiwan is guid$ by ! ,taiwan ,relations ,act 7#bb ,u4,s4,c4 #ccja et seq471 ! ,unit$ ,/ates-,p's ,republic ( ,*9a jo9t communiqus conclud$ 9 #aigb1 #aigh1 & #aihb1 & ! ,six ,assurances t ,presid5t ,ronald ,reagan communicat$ to ,taiwan 9 #aihb1 b 9 ! ev5t ( ! initiation ( a milit>y invasion ( ,taiwan by ! ,p's ,lib]ation ,army1 x is ! policy ( ! ,unit$ ,/ates-- 7#a7 to use & deploy all economic1 comm]cial1 & f9ancial in/rum5ts & lev]s ( p[]1 includ+-- 7,a7 ! imposition ( sanctions ) respect to memb]s ( ! ,*9ese ,communi/ ,p>ty & f9ancial in/itutions & o!r entities affiliat$ ) ! ,*9ese ,communi/ ,p>ty2 7,b7 prohibit+ ! li/+ or trad+ ( ! securities ( ,*9ese entities on ,unit$ ,/ates securities ex*anges2 7,c7 prohibit+ inve/m5ts by ,unit$ ,/ates f9ancial in/itutions 9 economic sectors ( ! ,p's ,republic ( ,*9a2 & 7,d7 prohibit+ ! importation ( c]ta9 goods m9$1 produc$1 or manufactur$ 9 ! ,p's ,republic ( ,*9a into ! ,unit$ ,/ates2 & 7#b7 to "w 9 close coord9ation ) allies & p>tn]s ( ! ,unit$ ,/ates to enc\rage ^? allies & p>tn]s to und]take simil> economic1 comm]cial1 & f9ancial actions aga9/ ! ,*9ese ,communi/ ,p>ty4 #e4 ,def9itions ,9 ?is ,act3 7#a7 ,acc\nt2 correspond5t acc\nt2 payable-?r\gh acc\nt ,! t]ms acc\nt1 correspond5t acc\nt1 & payable-?r\gh acc\nt h ! mean+s giv5 ^? t]ms 9 section #ecah;,a ( title #ca1 ,unit$ ,/ates ,code4 7#b7 ,admission2 admitt$2 ali5 ,! t]ms admission1 admitt$1 & ali5 h ! mean+s giv5 ^? t]ms 9 section #aja ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja74 7#c7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,=eign ,relations1 ! ,committee on ,arm$ ,s]vices1 & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate2 & 7,b7 ! ,committee on ,=eign ,affairs1 ! ,committee on ,arm$ ,s]vices1 & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4 7#d7 ,cov]$ det]m9ation ,! t]m cov]$ det]m9ation has ! mean+ giv5 t t]m 9 section #f7;a74 7#e7 ,f9ancial in/itution ,! t]m f9ancial in/itution means a f9ancial in/itution specifi$ 9 subp>agraph 7,a71 7,b71 7,c71 7,d71 7,e71 7,f71 7,g71 7,h71 7,i71 7,j71 7,m71 or 7,y7 ( section #ecab7;a77#b7 ( title #ca1 ,unit$ ,/ates ,code4 7#f7 ,=eign f9ancial in/itution ,! t]m =eign f9ancial in/itution has ! mean+ giv5 t t]m 9 regulations prescrib$ by ! ,secret>y ( ! ,treasury4 7#g7 ,=eign p]son ,! t]m =eign p]son means an individual or entity t is n a ,unit$ ,/ates p]son4 7#h7 ,kn[+ly ,! t]m kn[+ly ) respect to conduct1 a circum/ance1 or a result1 means t a p]son _h actual k1 or %\ld h kn[n1 ( ! conduct1 ! circum/ance1 or ! result4 7#i7 ,milit>y invasion ,! t]m milit>y invasion includes-- 7,a7 an amphibi\s l&+ or assault2 7,b7 an airborne op]ation or air assault2 7,c7 an a]ial bomb>dm5t or blockade2 7,d7 missile attacks1 includ+ rockets1 balli/ic missiles1 cruise missiles1 & hyp]sonic missiles2 & 7,e7 a naval bomb>dm5t or blockade4 7#aj7 ,unit$ /ates p]son ,! t]m ,unit$ ,/ates p]son means-- 7,a7 a ,unit$ ,/ates citiz5 or an ali5 lawfully admitt$ = p]man5t resid5ce to ! ,unit$ ,/ates2 or 7,b7 an entity organiz$ "u ! laws ( ! ,unit$ ,/ates or any jurisdiction )9 ! ,unit$ ,/ates1 includ+ a =eign bran* ( su* an entity4 #f4 ,det]m9ation ( ! initiation ( a milit>y invasion by ! ,p's ,lib]ation ,army or its proxies 7a7 ,cov]$ det]m9ation def9$ ,9 ?is ,act1 ! t]m cov]$ det]m9ation means-- 7#a7 a det]m9ation by ! ,presid5t1 n lat] ?an #bd h\rs aft] a milit>y invasion ( ,taiwan by ! ,p's ,lib]ation ,army or any ( its proxies1 t su* an invasion has occurr$2 or 7#b7 ! enactm5t ( a jo9t resolution pursuant to subsection 7b74 7b7 ,det]m9ation by jo9t resolution 7#a7 ,cov]$ jo9t resolution def9$ ,9 ?is subsection1 ! t]m cov]$ jo9t resolution means only a jo9t resolution ( ei!r ,h\se ( ,congress ! sole matt] aft] ! resolv+ clause ( :i* is z foll[s3 ,t ,congress det]m9es t ! ,p's ,lib]ation ,army or "o ( its proxies initiat$ a milit>y invasion ( ,taiwan on 41 ) ! blank space be+ fill$ ) ! appropriate date4 7#b7 ,introduction ,a cov]$ jo9t resolution may be introduc$-- 7,a7 9 ! ,h\se ( ,repres5tatives1 by ! majority lead] 7or ! majority lead]'s designee7 or ! m9ority lead] 7or ! m9ority lead]'s designee72 & 7,b7 9 ! ,s5ate1 by ! majority lead] 7or ! majority lead]'s designee7 or ! m9ority lead] 7or ! m9ority lead]'s designee74 7#c7 ,floor consid]ation 9 ,h\se ( ,repres5tatives 7,a7 ,dis*>ge f committee ,if a committee ( ! ,h\se ( ,repres5tatives to :i* a cov]$ jo9t resolution has be5 ref]r$ has n report$ ! jo9t resolution )9 #b cal5d> days aft] ! date ( ref]ral ( ! jo9t resolution1 ! committee %all be dis*>g$ f fur!r consid]ation ( ! jo9t resolution & ! jo9t resolution %all be plac$ on ! appropriate cal5d>4 7,b7 ,mov+ to consid]ation ,at any "t aft] a cov]$ jo9t resolution has be5 plac$ on ! appropriate cal5d>1 x is 9 ord] = ! sponsor ( ! jo9t resolution 7or a designee7 to move = ! consid]ation ( t jo9t resolution4 7,c7 ,po9ts ( ord]2 motions ,all po9ts ( ord] aga9/ ! cov]$ jo9t resolution & its consid]ation are waiv$4 ,if ! motion "u subp>agraph 7,b7 is agre$ to1 ! jo9t resolution %all rema9 ! unf9i%$ bus9ess ( ! ,h\se until dispos$ (1 except z provid$ 9 p>agraph 7#e74 7,d7 ,no am5dm5ts ,a cov]$ jo9t resolution %all n be subject to am5dm5t 9 ! ,h\se ( ,repres5tatives4 7,e7 ,debate ,g5]al debate on a cov]$ jo9t resolution %all n exce$ #d h\rs1 :i* %all be equally divid$ & controll$ by ! sponsor ( ! jo9t resolution 7or a designee7 & an oppon5t4 7,f7 ,f9al passage ,at ! conclusion ( debate1 ! previ\s "q %all be consid]$ z ord]$ on ! resolution1 & ! ,h\se ( ,repres5tatives %all vote on f9al passage )\t int]v5+ motion4 7#d7 ,consid]ation 9 ! ,s5ate 7,a7 ,report+ & dis*>ge ,if ! committee ( ! ,s5ate to :i* a cov]$ jo9t resolution 0 ref]r$ has n report$ ! jo9t resolution )9 #b cal5d> days aft] ! date ( ref]ral ( ! jo9t resolution1 t committee %all be dis*>g$ f fur!r consid]ation ( ! jo9t resolution & ! jo9t resolution %all be plac$ on ! appropriate cal5d>4 7,b7 ,proce$+ to consid]ation ,not)/&+ ,rule ,,xxii ( ! ,/&+ ,rules ( ! ,s5ate1 x is 9 ord] at any "t aft] ! committee ( ! ,s5ate to :i* a cov]$ jo9t resolution 0 ref]r$ reports ! jo9t resolution to ! ,s5ate or has be5 dis*>g$ f consid]ation ( ! jo9t resolution 7ev5 ?\gh a previ\s motion to ! same effect has be5 disagre$ to7 to move to proce$ to ! consid]ation ( ! jo9t resolution1 & all po9ts ( ord] aga9/ ! jo9t resolution 7& aga9/ consid]ation ( ! jo9t resolution7 are waiv$4 ,! motion to proce$ is n debatable4 ,! motion is n subject to a motion to po/pone4 7,c7 ,no am5dm5ts ,an am5dm5t to a cov]$ jo9t resolution1 or a motion to po/pone1 or a motion to proce$ to ! consid]ation ( o!r bus9ess1 or a motion to recommit a cov]$ jo9t resolution1 is n 9 ord]4 7,d7 ,consid]ation 7i7 ,limitation on debate ,consid]ation 9 ! ,s5ate ( a cov]$ jo9t resolution %all be limit$ to n m ?an #aj h\rs1 :i* %all be equally divid$ betwe51 & controll$ by1 ! majority lead] & ! m9ority lead]1 or by _! designees4 7ii7 ,vote on adoption ,:5ev] all ! "t = debate on a cov]$ jo9t resolution has be5 us$ or yield$ back1 ! vote on ! adoption ( ! resolution %all occur )\t any int]v5+ motion or am5dm5t1 except t a s+le quorum call at ! conclusion ( ! debate if reque/$ 9 accordance ) ! ,rules ( ! ,s5ate may occur imm$iately be=e su* vote4 7,e7 ,rul+s ( ! *air on proc$ure ,appeals f ! decisions ( ! ,*air relat+ to ! application ( ! rules ( ! ,s5ate1 z ! case may be1 to ! proc$ure relat+ to a cov]$ jo9t resolution %all be decid$ )\t debate4 7,f7 ,consid]ation ( veto messages ,debate 9 ! ,s5ate ( any veto message ) respect to a cov]$ jo9t resolution1 includ+ all debatable motions & appeals 9 connection ) ! jo9t resolution1 %all be limit$ to #aj h\rs1 to be equally divid$ betwe51 & controll$ by1 ! majority lead] & ! m9ority lead] or _! designees4 7#e7 ,rules relat+ to ,s5ate & ,h\se ( ,repres5tatives 7,a7 ,treatm5t ( ,s5ate jo9t resolution 9 ,h\se ,9 ! ,h\se ( ,repres5tatives1 ! foll[+ proc$ures %all apply to a cov]$ jo9t resolution receiv$ f ! ,s5ate 7unless ! ,h\se has already pass$ a jo9t resolution relat+ to ! same propos$ action73 7i7 ,! jo9t resolution %all be ref]r$ to ! appropriate committees4 7ii7 ,if a committee to :i* a jo9t resolution has be5 ref]r$ has n report$ ! jo9t resolution )9 #b cal5d> days aft] ! date ( ref]ral1 t committee %all be dis*>g$ f fur!r consid]ation ( ! jo9t resolution4 7iii7 ,beg9n+ on ! ?ird legislative day aft] ! committee to :i* a jo9t resolution has be5 ref]r$ reports ! jo9t resolution to ! ,h\se or has be5 dis*>g$ f fur!r consid]ation !re(1 x %all be 9 ord] to move to proce$ to consid] ! jo9t resolution 9 ! ,h\se4 ,all po9ts ( ord] aga9/ ! motion are waiv$4 ,su* a motion %all n be 9 ord] aft] ! ,h\se has dispos$ ( a motion to proce$ on ! jo9t resolution4 ,! previ\s "q %all be consid]$ z ord]$ on ! motion to its adoption )\t int]v5+ motion4 ,! motion %all n be debatable4 ,a motion to reconsid] ! vote by :i* ! motion is dispos$ ( %all n be 9 ord]4 7iv7 ,! jo9t resolution %all be consid]$ z read4 ,all po9ts ( ord] aga9/ ! jo9t resolution & aga9/ its consid]ation are waiv$4 ,! previ\s "q %all be consid]$ z ord]$ on ! jo9t resolution to f9al passage )\t int]v5+ motion except #d h\rs ( debate equally divid$ & controll$ by ! sponsor ( ! jo9t resolution 7or a designee7 & an oppon5t4 ,a motion to reconsid] ! vote on passage ( ! jo9t resolution %all n be 9 ord]4 7,b7 ,treatm5t ( ,h\se jo9t resolution 9 ,s5ate 7i7 ,receipt be=e passage ,if1 be=e ! passage by ! ,s5ate ( a cov]$ jo9t resolution1 ! ,s5ate receives an id5tical jo9t resolution f ! ,h\se ( ,repres5tatives1 ! foll[+ proc$ures %all apply3 7,i7 ,t jo9t resolution %all n be ref]r$ to a committee4 7,,ii7 ,) respect to t jo9t resolution-- 7aa7 ! proc$ure 9 ! ,s5ate %all be ! same z if no jo9t resolution _h be5 receiv$ f ! ,h\se ( ,repres5tatives2 b 7bb7 ! vote on passage %all be on ! jo9t resolution f ! ,h\se ( ,repres5tatives4 7ii7 ,receipt aft] passage ,if1 foll[+ passage ( a cov]$ jo9t resolution 9 ! ,s5ate1 ! ,s5ate receives an id5tical jo9t resolution f ! ,h\se ( ,repres5tatives1 t jo9t resolution %all be plac$ on ! appropriate ,s5ate cal5d>4 7iii7 ,no companion measure ,if a cov]$ jo9t resolution is receiv$ f ! ,h\se1 & no companion jo9t resolution has be5 introduc$ 9 ! ,s5ate1 ! ,s5ate proc$ures "u ?is subsection %all apply to ! ,h\se jo9t resolution4 7,c7 ,application to rev5ue measures ,! provisions ( ?is p>agraph %all n apply 9 ! ,h\se ( ,repres5tatives to a cov]$ jo9t resolution t is a rev5ue measure4 7#f7 ,rules ( ,h\se ( ,repres5tatives & ,s5ate ,?is subsection is enact$ by ,congress-- 7,a7 z an ex]cise ( ! rulemak+ p[] ( ! ,s5ate & ! ,h\se ( ,repres5tatives1 respectively1 & z su* is deem$ a "p ( ! rules ( ea* ,h\se1 respectively1 & sup]s$es o!r rules only to ! ext5t t x is inconsi/5t ) su* rules2 & 7,b7 ) full recognition ( ! con/itutional "r ( ei!r ,h\se to *ange ! rules 7s f> z relat+ to ! proc$ure ( t ,h\se7 at any "t1 9 ! same mann]1 & to ! same ext5t z 9 ! case ( any o!r rule ( t ,h\se4 #g4 ,imposition ( sanctions ) respect to memb]s ( ! ,*9ese ,communi/ ,p>ty 7a7 ,imposition ( sanctions ,n lat] ?an #c days aft] a cov]$ det]m9ation is made1 ! ,presid5t %all-- 7#a7 impose ! sanctions describ$ 9 subsection 7b7 ) respect to any =eign p]son ! ,presid5t det]m9es is a memb] ( ! ,*9ese ,communi/ ,p>ty1 includ+ any bran* ( ! arm$ =ces or intellig5ce ag5cies ( ! ,*9ese ,communi/ ,p>ty2 & 7#b7 impose ! sanctions describ$ 9 subsection 7c7 ) respect to-- 7,a7 any =eign p]son id5tifi$ "u p>agraph 7#a72 7,b7 any successor entity to t =eign p]son2 & 7,c7 any =eign p]son t is a p>5t or subsidi>y ( t =eign p]son4 7b7 ,sanctions describ$ ,! sanctions describ$ 9 ?is subsection are ! foll[+3 7#a7 ,block+ ( prop]ty 7,a7 ,9 g5]al ,! ,presid5t %all ex]cise all ( ! p[]s grant$ by ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja et seq47 to block & prohibit all transactions 9 all prop]ty & int]e/s 9 prop]ty ( a =eign p]son describ$ 9 subsection 7a77#a7 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 ( section #bjb ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja7 %all n apply = purposes ( ?is section4 7#b7 ,inclusion on entity li/ ,! ,presid5t %all include a =eign p]son describ$ 9 subsection 7a77#a7 on ! entity li/ ma9ta9$ by ! ,bureau ( ,indu/ry & ,security ( ! ,dep>tm5t ( ,comm]ce & set =? 9 ,supplem5t ,no4 #d to "p #gdd ( title #ae1 ,code ( ,f$]al ,regulations1 = activities contr>y to ! national security or =eign policy int]e/s ( ! ,unit$ ,/ates4 7#c7 ,bank+ transactions ,! ,presid5t %all1 pursuant to su* regulations z ! ,presid5t may prescribe1 prohibit any transf]s ( cr$it or paym5ts betwe5 f9ancial in/itutions or by1 ?r\gh or to any f9ancial in/itution1 to ! ext5t t su* transf]s or paym5ts are subject to ! jurisdiction ( ! ,unit$ ,/ates & involve any int]e/ ( a =eign p]son describ$ 9 subsection 7a77#a74 7c7 ,ineligibility = visas1 admission1 or p>ole 7#a7 ,visas1 admission1 or p>ole ,an ali5 describ$ 9 subsection 7a77#b7 %all be-- 7,a7 inadmissible to ! ,unit$ ,/ates2 7,b7 ineligible to receive a visa or o!r docum5tation to ent] ! ,unit$ ,/ates2 & 7,c7 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 7#b7 ,curr5t visas revok$ 7,a7 ,9 g5]al ,! visa or o!r entry docum5tation ( an ali5 describ$ 9 subsection 7a77#b7 %all be revok$1 reg>dless ( :5 su* visa or o!r entry docum5tation is or 0 issu$4 7,b7 ,imm$iate effect ,a revocation "u subp>agraph 7,a7 %all-- 7i7 take effect imm$iately2 & 7ii7 automatically cancel any o!r valid visa or entry docum5tation t is 9 ! ali5's possession4 7d7 ,exception = compliance ) int]national obligations & law en=cem5t activities ,sanctions "u subsection 7c7 %all n apply ) respect to an ali5 if-- 7#a7 admitt+ or p>ol+ ! ali5 into ! ,unit$ ,/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 on ,june #bf1 #aidg1 & ent]$ into =ce ,novemb] #ba1 #aidg1 betwe5 ! ,unit$ ,nations & ! ,unit$ ,/ates1 or o!r applicable int]national obligations ( ! ,unit$ ,/ates2 or 7,b7 to c>ry out or assi/ law en=cem5t activity 9 ! ,unit$ ,/ates2 or 7#b7 ! ali5 holds a valid1 unexpir$ ,a-#a1 ,a-#b1 ,c-#b1 ,g-#a1 or ,g-#b visa4 #h4 ,imposition ( sanctions ) respect to f9ancial in/itutions affiliat$ ) ! ,*9ese ,communi/ ,p>ty 7a7 ,9 g5]al ,n lat] ?an #c days aft] a cov]$ det]m9ation is made1 ! ,secret>y ( ! ,treasury %all impose ! sanctions describ$ 9 subsection 7c7 ) respect to a =eign f9ancial in/itution describ$ 9 subsection 7b74 7b7 ,=eign f9ancial in/itutions describ$ ,a =eign f9ancial in/itution is describ$ 9 ?is subsection if ! ,*9ese ,communi/ ,p>ty has a majority own]%ip int]e/ 9 ! f9ancial in/itution or ! f9ancial in/itution is o!rwise affiliat$ ) ! ,*9ese ,communi/ ,p>ty1 includ+ ! foll[+ f9ancial in/itutions & _! subsidi>ies & successor entities3 7#a7 ,! ,p's ,bank ( ,*9a4 7#b7 ,! ,indu/rial & ,comm]cial ,bank ( ,*9a4 7#c7 ,! ,*9a ,con/ruction ,bank4 7#d7 ,! ,bank ( ,*9a4 7#e7 ,! ,bank ( ,communications4 7#f7 ,! ,agricultural ,bank ( ,*9a4 7#g7 ,! ,*9a ,,citic ,bank4 7c7 ,sanctions describ$ ,! sanctions describ$ 9 ?is subsection are ! foll[+3 7#a7 ,block+ ( prop]ty 7,a7 ,9 g5]al ,! ,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 ( a =eign f9ancial in/itution subject to subsection 7a7 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 ( section #bjb ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja7 %all n apply = purposes ( ?is section4 7#b7 ,re/rictions on correspond5t & payable-?r\gh acc\nts ,! ,presid5t %all prohibit ! op5+1 & prohibit or impose /rict conditions on ! ma9ta9+1 9 ! ,unit$ ,/ates ( a correspond5t acc\nt or payable-?r\gh acc\nt by a =eign f9ancial in/itution subject to subsection 7a74 #i4 ,imposition ( sanctions ) respect to entities own$ by or affiliat$ ) ! ,*9ese ,communi/ ,p>ty 7a7 ,9 g5]al ,n lat] ?an #c days aft] a cov]$ det]m9ation is made1 ! ,secret>y ( ! ,treasury %all impose ! sanctions describ$ 9 subsection 7b7 ) respect to any entity t-- 7#a7 ! ,*9ese ,communi/ ,p>ty has an own]%ip int]e/ 92 or 7#b7 is o!rwise affiliat$ ) ! ,*9ese ,communi/ ,p>ty4 7b7 ,block+ ( prop]ty 7#a7 ,9 g5]al ,! ,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 ( an entity 9 an indu/ry subject to subsection 7a7 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 ( section #bjb ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja7 %all n apply = purposes ( ?is section4 #aj4 ,prohibition on transf]s ( funds involv+ ! ,p's ,republic ( ,*9a 7a7 ,9 g5]al ,except z provid$ by subsection 7b71 a depository in/itution 7z def9$ 9 section #ai7;b77#a77;,a7 ( ! ,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #dfa7;b77#a77;,a777 or a brok] or deal] 9 securities regi/]$ ) ! ,securities & ,ex*ange ,commission "u ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;a et seq47 may n process transf]s ( funds-- 7#a7 to or f ! ,p's ,republic ( ,*9a2 or 7#b7 = ! direct or indirect b5efit ( memb]s ( ! ,*9ese ,communi/ ,p>ty4 7b7 ,exception ,a depository in/itution1 brok]1 or deal] describ$ 9 subsection 7a7 may process a transf] describ$ 9 t subsection if ! transf]-- 7#a7 arises f1 & is ord9>ily incid5t & necess>y to give effect to1 an und]ly+ transaction t is au?oriz$ by a specific or g5]al lic5se2 & 7#b7 does n involve debit+ or cr$it+ an ,*9ese acc\nt4 #aa4 ,prohibition on li/+ or trad+ ( ,*9ese entities on ,unit$ ,/ates securities ex*anges 7a7 ,9 g5]al ,! ,securities & ,ex*ange ,commission %all prohibit ! securities ( an issu] describ$ 9 subsection 7b7 f be+ trad$ on a national securities ex*ange on & aft] ! date t is #c days aft] a cov]$ det]m9ation is made4 7b7 ,issu]s ,an issu] describ$ 9 ?is subsection is an issu] t is-- 7#a7 an (ficial ( or individual affiliat$ ) ! ,*9ese ,communi/ ,p>ty2 or 7#b7 an entity t-- 7,a7 ! ,*9ese ,communi/ ,p>ty has an own]%ip int]e/ 92 or 7,b7 is o!rwise affiliat$ ) ! ,*9ese ,communi/ ,p>ty4 7c7 ,def9itions ,9 ?is section3 7#a7 ,issu]2 security ,! t]ms issu] & security h ! mean+s giv5 ^? t]ms 9 section #c7;a7 ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;c74 7#b7 ,national securities ex*ange ,! t]m national securities ex*ange means an ex*ange regi/]$ z a national securities ex*ange 9 accordance ) section #f ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;f74 #ab4 ,prohibition on inve/m5ts by ,unit$ ,/ates f9ancial in/itutions t b5efit ! ,*9ese ,communi/ ,p>ty 7a7 ,9 g5]al ,n lat] ?an #c days aft] a cov]$ det]m9ation is made1 ! ,secret>y ( ! ,treasury %all prohibit any ,unit$ ,/ates f9ancial in/itution f mak+ any inve/m5ts describ$ 9 subsection 7b74 7b7 ,inve/m5ts describ$ ,an inve/m5t describ$ 9 ?is subsection is a monet>y inve/m5t-- 7#a7 to-- 7,a7 an entity own$ or controll$ by ! ,*9ese ,communi/ ,p>ty2 or 7,b7 ! ,p's ,lib]ation ,army2 or 7#b7 = ! b5efit ( any priority indu/rial sector id5tifi$ by ! ,*9ese ,communi/ ,p>ty 9 ! ,made 9 ,*9a #bjbe plan or ! #ad? ,five ,ye> ,sm>t ,manufactur+ ,developm5t ,plan1 includ+-- 7,a7 agriculture ma*9]y2 7,b7 in=mation te*nology2 7,c7 artificial intellig5ce1 ma*9e le>n+1 & robotics2 7,d7 gre5 en]gy & gre5 vehicles2 7,e7 a]ospace equipm5t2 7,f7 ocean eng9e]+ & high te* %ips2 7,g7 railway equipm5t2 7,h7 p[] equipm5t2 7,i7 new mat]ials2 7,j7 m$ic9e & m$ical devices2 7,k7 fif? g5]ation & future g5]ation telecommunications & o!r advanc$ wireless network+ te*nologies2 7,l7 semiconductor manufactur+2 7,m7 biote*nology2 7,n7 quantum comput+2 7,o7 surveillance te*nologies1 includ+ facial recognition te*nologies & c5sor%ip s(tw>e2 7,p7 fib] optic cables2 & 7,q7 m9+ & res\rce developm5t4 7c7 ,unit$ ,/ates f9ancial in/itution def9$ ,9 ?is section1 ! t]m ,unit$ ,/ates f9ancial in/itution-- 7#a7 means any f9ancial in/itution t is a ,unit$ ,/ates p]son2 & 7#b7 includes an inve/m5t company1 private equity company1 v5ture capital company1 or h$ge fund t is a ,unit$ ,/ates p]son4 #ac4 ,prohibition on importation ( c]ta9 goods made 9 ! ,p's ,republic ( ,*9a 7a7 ,9 g5]al ,except z provid$ 9 subsection 7b71 on & aft] ! date t is #c days aft] a cov]$ det]m9ation is made1 all goods m9$1 produc$1 or manufactur$ :olly or 9 "p 9 ! ,p's ,republic ( ,*9a1 or by a p]son work+ = or affiliat$ ) an entity or indu/ry :olly f9anc$ by ! ,*9ese ,communi/ ,p>ty or 9 :i* ! ,*9ese ,communi/ ,p>ty has a majority own]%ip int]e/1 %all n be entitl$ to entry at any ( ! ports ( ! ,unit$ ,/ates & ! importation ( su* goods is prohibit$4 7b7 ,exception ,! prohibition "u subsection 7a7 %all n apply ) respect to a good if ! ,presid5t-- 7#a7 det]m9es t ! good is necess>y to ! national security1 economic security1 or public heal? ( ! ,unit$ ,/ates2 & 7#b7 submits to ! appropriate congressional committees & make available to ! public a report on t det]m9ation4 #ad4 ,exceptions2 waiv] 7a7 ,exception = intellig5ce activities ,?is ,act %all n apply ) respect to activities subject to ! report+ requirem5ts "u title ,v ( ! ,national ,security ,act ( #aidg 7#ej ,u4,s4,c4 #cjia et seq47 or any au?oriz$ intellig5ce activities ( ! ,unit$ ,/ates4 7b7 ,national security waiv] ,! ,presid5t may waive ! imposition ( sanctions "u ?is ,act ) respect to a p]son if ! ,presid5t-- 7#a7 det]m9es t su* a waiv] is 9 ! national security int]e/s ( ! ,unit$ ,/ates2 & 7#b7 submits to ! appropriate congressional committees a notification ( ! waiv] & ! reasons = ! waiv]4 #ae4 ,implem5tation2 p5alties 7a7 ,implem5tation ,! ,presid5t may ex]cise all au?orities provid$ "u sections #bjc & #bje ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agjb & #agjd7 to c>ry out ?is ,act4 7b7 ,p5alties ,a p]son t violates1 attempts to violate1 conspires to violate1 or causes a violation ( ?is ,act or any regulation1 lic5se1 or ord] issu$ to c>ry out ?is ,act %all be subject to ! p5alties set =? 9 subsections 7b7 & 7c7 ( section #bjf ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agje7 to ! same ext5t z a p]son t commits an unlawful act describ$ 9 subsection 7a7 ( t section4