,i  #aahth ,,congress  #ast ,session    
,h4 ,r4 #fjae  ,,in ,,the ,,house ,,of  
,,representatives  ,october #bj1 #bjbc  
,mr4 ,luetkemeyer introduced the        
following bill  ,october #be1 #bjbc     
,referred to the ,committee on ,foreign 
,affairs1 and in addition to the        
,committees on ,financial ,services1    
,oversight and ,accountability1 and     
,ways and ,means1 for a period to be    
subsequently determined by the ,speaker1
 in each case for consideration of such 
provisions as fall within the           
jurisdiction of the committee concerned 
,a ,,bill  ,to require the ,president to
 prevent the abuse of financial         
sanctions exemptions by ,iran1 and for  
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,iran          
,sanctions ,accountability ,act of      
#bjbc4  #b4 ,regulations required  7a7  
,in general ,not later than #ahj days   
after the date of the enactment of this 
section1 the ,president shall issue     
regulations to ensure that each         

transaction described under sections    
#hhjc7;e71 #hhjf7;c71 or #heac;a7d77#b7 
of title #bb of the ,united ,states     
,code does not facilitate1 directly or  
indirectly--  7#a7 the purchase of goods
 or services involving a person         
designated for the imposition of        
sanctions pursuant to the ,international
 ,emergency ,economic ,powers ,act 7#ej 
,u4,s4,c4 #agja et seq472  7#b7 support 
for acts of international terrorism2 or 
7#c7 the proliferation of weapons of    
mass destruction4  7b7 ,report          
,beginning on the date that is #a year  
after the date on which the ,president  
issues regulations pursuant to          
subsection 7a71 and each year           
thereafter1 the ,president shall submit 
to the ,congress a report that evaluates
 the efficacy of the regulations issued 
by the ,president pursuant to subsection
 7a74  7c7 ,rule of ,construction       
,nothing in sections #hhjc7;e71         
#hhjf7;c71 or #heac;a7d77#b7 of title   
#bb1 ,united ,states ,code may be       

construed to prohibit the imposition of 
sanctions with respect to a transaction 
if the ,president finds1 consistent with
 the regulations issued pursuant to     
paragraph 7#a71 that such transaction   
would facilitate1 directly or           
indirectly-- 7#a7 the purchase of goods 
or services involving a person          
designated for the imposition of        
sanctions pursuant to the ,international
 ,emergency ,economic ,powers ,act 7#ej 
,u4,s4,c4 #agja et seq472  7#b7 support 
for acts of international terrorism2 or 
7#c7 the proliferation of weapons of    
mass destruction4  7d7 ,voice and vote  
7#a7 ,in general ,the ,secretary of the 
,treasury shall instruct the ,united    
,states ,executive ,director at the     
,world ,bank to use the voice and vote  
of the ,united ,states to oppose the    
provision of financial assistance to the
 government of the ,islamic ,republic of
 ,iran4  7#b7 ,sunset ,this subsection  
shall have no force or effect on the    
date that is the earlier of--  7,a7 the 

date that is #g years after the date of 
the enactment of this section2 or  7,b7 
the date that is #cj days after the     
,president finds and reports to the     
,congress that the government of ,iran  
has ceased to provide support for acts  
of international terrorism4