,,ii #aah? ,,congress #a/ ,session ,s4 #ahbi ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #f1 #bjbc,mr4 ,rubio 7= himself1 ,ms4 ,hassan1 & ,ms4 ,ros57 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,=eign ,relations ,a ,,bill ,to impose sanctions ) respect to p]sons engag$ 9 ! import ( petroleum f ! ,islamic ,republic ( ,iran1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,/op ,h>bor+ ,iranian ,petroleum ,act ( #bjbc4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,ali5 ,! t]m ali5 has ! mean+ giv5 t t]m 9 section #aja7;a7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #aaja7;a774 7#b7 ,appropriate congressional committees ,! t]m appropriate congressional committees 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 7#c7 ,family memb] ,! t]m family memb] means1 ) respect to an individual1 a sp\se1 *ild1 p>5t1 sibl+1 gr&*ild1 or gr&p>5t ( ! individual4 7#d7 ,=eign p]son ,! t]m =eign p]son means an individual or entity t is n a ,unit$ ,/ates p]son4 7#e7 ,=eign port ,! t]m =eign port means any h>bor1 m>9e t]m9al1 or o!r %ore side facility outside ( ! ,unit$ ,/ates us$ pr9cipally = ! movem5t ( goods on ! wat]4 7#f7 ,kn[+ly ,! t]m kn[+ly1 ) 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#g7 ,mat]ial support ,! t]m mat]ial support has ! mean+ giv5 ! t]m mat]ial support or res\rces 9 section #bcci;,a ( title #ah1 ,unit$ ,/ates ,code4 7#h7 ,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 7#i7 ,vessel ,! t]m vessel means any wat]craft or aircraft capable ( be+ us$ z a means ( transportation on1 "u1 or ov] wat]4 #c4 ,/atem5t ( policy ,x is ! policy ( ! ,unit$ ,/ates-- 7#a7 to d5y ! ,islamic ,republic ( ,iran ! ability to engage 9 de/abiliz+ activities1 support int]national t]rorism1 fund ! developm5t & acquisition ( weapons ( mass de/ruction & ! means to deliv] su* weapons by limit+ export ( petroleum & petroleum products by ! ,islamic ,republic ( ,iran2 7#b7 to d5y ! ,islamic ,republic ( ,iran funds to oppress & commit human rights violations aga9/ ! ,iranian p :o are assembl+ peacefully to r$ress ! ,iranian regime2 7#c7 to sanction entities t violate ! laws ( ! ,unit$ ,/ates by provid+ support to ! ,iranian en]gy sector2 & 7#d7 t ! actions ( ! ,islamic ,republic ( ,iran to f9ance & facilitate ! p>ticipation ( =eign t]rori/ organizations 9 ongo+ conflicts & illicit activities is detrim5tal to ! national security int]e/s ( ! ,unit$ ,/ates4 #d4 ,sanctions ) respect to =eign p]sons t engage 9 c]ta9 transactions 7a7 ,imposition ( sanctions 7#a7 ,9 g5]al ,on & aft] ! date t is #ij days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,presid5t %all impose ! sanctions describ$ 9 subsection 7b7 ) respect to a =eign p]son t ! ,presid5t det]m9es kn[+ly engag$1 on or aft] su* date ( enactm5t1 9 an activity describ$ 9 p>agraph 7#b74 7#b7 ,activities describ$ ,a =eign p]son engages 9 an activity describ$ 9 ?is p>agraph if ! =eign p]son-- 7,a7 owns or op]ates a =eign port t1 on or aft] ! date ( ! enactm5t ( ?is ,act1 p]mitt$ to dock at su* =eign port a vessel-- 7i7 t is includ$ on ! li/ ( specially designat$ nationals & block$ p]sons ma9ta9$ by ! ,(fice ( ,=eign ,assets ,control ( ! ,dep>tm5t ( ! ,treasury = transport+ ,iranian crude oil2 or 7ii7 ( :i* ! op]ator or own] ( su* vessel o!rwise kn[+ly engages 9 a significant transaction to transport1 (fload1 or deal 9 cond5sate1 ref9$1 or unref9$ petroleum products1 or o!r petro*emical products orig9at+ f ! ,islamic ,republic ( ,iran2 7,b7 owns or op]ates a vessel t conducts a sea-to-sea transf] involv+ a significant transaction ( any petroleum product orig9at+ f ! ,islamic ,republic ( ,iran2 7,c7 owns or op]ates a ref9]y t engages 9 a significant transaction to process1 ref9e1 or o!rwise deal 9 any petroleum product orig9at+ f ! ,islamic ,republic ( ,iran2 7,d7 is a family memb] ( a =eign p]son describ$ 9 subp>agraph 7,a71 7,b71 or 7,c72 7,e7 is own$ or controll$ by a =eign p]son describ$ 9 subp>agraph 7,a71 7,b71 7,c71 or 7,d72 or 7,f7 engages 9 a significant transaction )1 or provides mat]ial support to1 a =eign p]son describ$ 9 subp>agraph 7,a71 7,b71 7,c71 7,d71 or 7,e74 7b7 ,sanctions describ$ ,! sanctions describ$ 9 ?is subsection are ! foll[+3 7#a7 ,sanctions on =eign vessels ,subject to su* regulations z ! ,presid5t may prescribe1 ! ,presid5t may prohibit a vessel describ$ 9 subsection 7a77#b77;,a7 or 7a77#b77;,b7 f l&+ at any port 9 ! ,unit$ ,/ates-- 7,a7 ) respect to a vessel describ$ 9 subsection 7a77#b77;,a71 = a p]iod ( n m ?an #b ye>s beg9n+ on ! date on :i* ! ,presid5t imposes sanctions ) respect to a relat$ =eign port describ$ 9 subsection 7a77#b77;,a72 & 7,b7 ) respect to a vessel describ$ 9 subsection 7a77#b77;,b71 = a p]iod ( n m ?an #b ye>s4 7#b7 ,prop]ty block+ ,! ,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#c7 ,ineligibility = visas1 admission1 or p>ole 7,a7 ,visas1 admission1 or p>ole ,9 ! case ( an ali51 ! ali5 is-- 7i7 inadmissible to ! ,unit$ ,/ates2 7ii7 ineligible to receive a visa or o!r docum5tation to ent] ! ,unit$ ,/ates2 & 7iii7 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$ 7i7 ,9 g5]al ,! visa or o!r entry docum5tation ( an ali5 describ$ 9 subp>agraph 7,a7 %all be revok$1 reg>dless ( :5 su* visa or o!r entry docum5tation 0 issu$4 7ii7 ,imm$iate effect ,a revocation "u clause 7i7 %all-- 7,i7 take effect imm$iately2 7,,ii7 automatically cancel any o!r valid visa or entry docum5tation t is 9 ! ali5's possession2 & 7,,iii7 be implem5t$ 9 accordance ) section #bba7;i7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #abja7;i774 7#d7 ,implem5tation2 p5alties 7,a7 ,implem5tation ,! ,presid5t-- 7i7 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 section2 & 7ii7 n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 %all prescribe su* regulations z necess>y to c>ry out ?is ,act4 7,b7 ,notification to ,congress ,n lat] ?an #aj days be=e ! effective date ( any regulation prescrib$ "u subp>agraph 7,a77ii71 ! ,presid5t %all brief ! appropriate congressional committees on ! propos$ regulations & ! provisions ( ?is ,act relat+ to su* regulations4 7,c7 ,p5alties ,a p]son t violates1 attempts to violate1 conspires to violate1 or causes a violation ( ?is section or any regulation1 lic5se1 or ord] issu$ to c>ry out ?is section %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 7c7 ,exceptions 7#a7 ,exception relat+ to importation ( goods 7,a7 ,9 g5]al ,a requirem5t to block & prohibit all transactions 9 all prop]ty & int]e/s 9 prop]ty "u ?is section %all n include ! au?ority or a requirem5t to impose sanctions on ! importation ( goods4 7,b7 ,good ,9 ?is p>agraph1 ! t]m good means any article1 natural or manmade sub/ance1 mat]ial1 supply or manufactur$ product1 includ+ inspection & te/ equipm5t1 & exclud+ te*nical data4 7#b7 ,exception to comply ) ,unit$ ,nations headqu>t]s agreem5t & law en=cem5t activities ,sanctions "u subsection 7b77#c7 %all n apply ) respect to an ali5 if admitt+ or p>ol+ ! ali5 into ! ,unit$ ,/ates is necess>y 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 obligations ( ! ,unit$ ,/ates4 7#c7 ,exception to comply ) intellig5ce1 law en=cem5t1 & o!r national security activities ,sanctions "u subsection 7b7 %all n apply ) respect to a =eign p]son if su* =eign p]son is a subject or t>get (1 or o!rwise involv$ 91 an intellig5ce1 law en=cem5t1 or national security activity ( ! ,unit$ ,/ates1 z det]m9$ by ! ,presid5t4 7d7 ,waiv]s 7#a7 ,9 g5]al ,! ,presid5t may waive ! application ( sanctions "u ?is section ) respect to a =eign p]son = a p]iod n to exce$ #ahj days if ! ,presid5t-- 7,a7 det]m9es t su* a waiv] is vital to ! national int]e/s ( ! ,unit$ ,/ates2 & 7,b7 n less ?an #ae days be=e ! grant+ ( ! waiv]1 submits to ! appropriate congressional committees a notice ( & ju/ification = ! waiv]4 7#b7 ,special rule 7,a7 ,9 g5]al ,! ,presid5t may waive ! application ( sanctions "u ?is section ) respect to a =eign p]son if ! ,presid5t c]tifies 9 writ+ to ! appropriate congressional committees t-- 7i7 ! =eign p]son-- 7,i7 has ceas$ engag+ 9 activities describ$ 9 subsection 7b72 or 7,,ii7 has tak5 & is cont9u+ to take significant v]ifiable /eps t[>d ceas+ su* activities2 & 7ii7 ! ,presid5t has receiv$ reliable assurances f ! gov]nm5t ( ! =eign c\ntry t su* =eign p]son w n resume engag+ 9 any activity describ$ 9 subsection 7b74 7,b7 ,sunset ,! au?ority to grant a waiv] "u ?is p>agraph %all t]m9ate on ! date t is #e ye>s aft] ! date ( ! enactm5t ( ?is ,act4 #e4 ,report on petroleum & petroleum product exports f ,iran 7a7 ,9 g5]al ,n lat] ?an #abj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator ( ! ,en]gy ,in=mation ,adm9i/ration %all submit to ! appropriate congressional committees a report on ! increase exports ( petroleum & petroleum products by ! ,islamic ,republic ( ,iran4 7b7 ,cont5ts ,! report requir$ by subsection 7a7 %all include ! foll[+3 7#a7 ,an analysis ( ! export & sale ( petroleum & petroleum products by ! ,islamic ,republic ( ,iran s9ce #bjah1 includ+-- 7,a7 an e/imate ( ! annual rev5ue ( ! export & sale ( petroleum by ! ,islamic ,republic ( ,iran1 disaggregat$ by ye>2 7,b7 an e/imate ( ! annual rev5ue ( ! export & sale ( petroleum to ! ,p's ,republic ( ,*9a by ! ,islamic ,republic ( ,iran1 disaggregat$ by ye>2 7,c7 ! numb] ( petroleum & crude oil b>rels annually export$ by ! ,islamic ,republic ( ,iran1 disaggregat$ by ye>2 7,d7 ! numb] ( petroleum & crude oil b>rels annually export$ to ! ,p's ,republic ( ,*9a by ! ,islamic ,republic ( ,iran1 disaggregat$ by ye>2 7,e7 ! numb] ( petroleum & crude oil b>rels annually export$ to c\ntries o!r ?an ! ,p's ,republic ( ,*9a by ! ,islamic ,republic ( ,iran1 disaggregat$ by ye>2 7,f7 ! av]age price p] petroleum & crude oil b>rel annually export$ by ! ,islamic ,republic ( ,iran1 disaggregat$ by ye>2 & 7,g7 ! av]age price p] petroleum & crude oil b>rel annually export$ to ! ,p's ,republic ( ,*9a by ! ,islamic ,republic ( ,iran1 disaggregat$ by ye>4 7#b7 ,an analysis ( ! label+ practices ( ! ,islamic ,republic ( ,iran ) respect to export$ petroleum & petroleum products4 7#c7 ,a description ( p]sons involv$ 9 ! export & sale ( petroleum & petroleum products f ! ,islamic ,republic ( ,iran4 7#d7 ,a description ( vessels involv$ 9 ! export & sale ( petroleum & petroleum products f ! ,islamic ,republic ( ,iran4 7#e7 ,a description ( =eign ports involv$ 9 ! export & sale ( petroleum & petroleum products f ! ,islamic ,republic ( ,iran4 7c7 ,=m ,! report requir$ by subsection 7a7 %all be submitt$ 9 unclassifi$ =m b may include a classifi$ annex4 7d7 ,publication ,! unclassifi$ portion ( ! report requir$ by subsection 7a7 %all be po/$ on a publicly available website ( ! ,en]gy ,in=mation ,adm9i/ration4