Text: H.R.1905 — 112th Congress (2011-2012)All Bill Information (Except Text)

08/10/2012 Became Public Law No: 112-158

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[Congressional Bills 112th Congress]
[From the U.S. Government Printing Office]
[H.R. 1905 Enrolled Bill (ENR)]

        H.R.1905

                      One Hundred Twelfth Congress

                                 of the

                        United States of America


                          AT THE SECOND SESSION

          Begun and held at the City of Washington on Tuesday,
            the third day of January, two thousand and twelve


                                 An Act


 
To strengthen Iran sanctions laws for the purpose of compelling Iran to 
abandon its pursuit of nuclear weapons and other threatening activities, 
                         and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
    (a) Short Title.--This Act may be cited as the ``Iran Threat 
Reduction and Syria Human Rights Act of 2012''.
    (b) Table of Contents.--The table of contents for this Act is as 
follows:

Sec. 1. Short title; table of contents.
Sec. 2. Definitions.

TITLE I--EXPANSION OF MULTILATERAL SANCTIONS REGIME WITH RESPECT TO IRAN

Sec. 101. Sense of Congress on enforcement of multilateral sanctions 
          regime and expansion and implementation of sanctions laws.
Sec. 102. Diplomatic efforts to expand multilateral sanctions regime.

 TITLE II--EXPANSION OF SANCTIONS RELATING TO THE ENERGY SECTOR OF IRAN 
        AND PROLIFERATION OF WEAPONS OF MASS DESTRUCTION BY IRAN

         Subtitle A--Expansion of the Iran Sanctions Act of 1996

Sec. 201. Expansion of sanctions with respect to the energy sector of 
          Iran.
Sec. 202. Imposition of sanctions with respect to transportation of 
          crude oil from Iran and evasion of sanctions by shipping 
          companies.
Sec. 203. Expansion of sanctions with respect to development by Iran of 
          weapons of mass destruction.
Sec. 204. Expansion of sanctions available under the Iran Sanctions Act 
          of 1996.
Sec. 205. Modification of waiver standard under the Iran Sanctions Act 
          of 1996.
Sec. 206. Briefings on implementation of the Iran Sanctions Act of 1996.
Sec. 207. Expansion of definitions under the Iran Sanctions Act of 1996.
Sec. 208. Sense of Congress on energy sector of Iran.

   Subtitle B--Additional Measures Relating to Sanctions Against Iran

Sec. 211. Imposition of sanctions with respect to the provision of 
          vessels or shipping services to transport certain goods 
          related to proliferation or terrorism activities to Iran.
Sec. 212. Imposition of sanctions with respect to provision of 
          underwriting services or insurance or reinsurance for the 
          National Iranian Oil Company or the National Iranian Tanker 
          Company.
Sec. 213. Imposition of sanctions with respect to purchase, subscription 
          to, or facilitation of the issuance of Iranian sovereign debt.
Sec. 214. Imposition of sanctions with respect to subsidiaries and 
          agents of persons sanctioned by United Nations Security 
          Council resolutions.
Sec. 215. Imposition of sanctions with respect to transactions with 
          persons sanctioned for certain activities relating to 
          terrorism or proliferation of weapons of mass destruction.
Sec. 216. Expansion of, and reports on, mandatory sanctions with respect 
          to financial institutions that engage in certain activities 
          relating to Iran.
Sec. 217. Continuation in effect of sanctions with respect to the 
          Government of Iran, the Central Bank of Iran, and sanctions 
          evaders.
Sec. 218. Liability of parent companies for violations of sanctions by 
          foreign subsidiaries.
Sec. 219. Disclosures to the Securities and Exchange Commission relating 
          to sanctionable activities.
Sec. 220. Reports on, and authorization of imposition of sanctions with 
          respect to, the provision of specialized financial messaging 
          services to the Central Bank of Iran and other sanctioned 
          Iranian financial institutions.
Sec. 221. Identification of, and immigration restrictions on, senior 
          officials of the Government of Iran and their family members.
Sec. 222. Sense of Congress and rule of construction relating to certain 
          authorities of State and local governments.
Sec. 223. Government Accountability Office report on foreign entities 
          that invest in the energy sector of Iran or export refined 
          petroleum products to Iran.
Sec. 224. Reporting on the importation to and exportation from Iran of 
          crude oil and refined petroleum products.

  TITLE III--SANCTIONS WITH RESPECT TO IRAN'S REVOLUTIONARY GUARD CORPS

Subtitle A--Identification of, and Sanctions With Respect to, Officials, 
 Agents, Affiliates, and Supporters of Iran's Revolutionary Guard Corps 
                      and Other Sanctioned Persons

Sec. 301. Identification of, and imposition of sanctions with respect 
          to, officials, agents, and affiliates of Iran's Revolutionary 
          Guard Corps.
Sec. 302. Identification of, and imposition of sanctions with respect 
          to, persons that support or conduct certain transactions with 
          Iran's Revolutionary Guard Corps or other sanctioned persons.
Sec. 303. Identification of, and imposition of measures with respect to, 
          foreign government agencies carrying out activities or 
          transactions with certain Iran-affiliated persons.
Sec. 304. Rule of construction.

 Subtitle B--Additional Measures Relating to Iran's Revolutionary Guard 
                                  Corps

Sec. 311. Expansion of procurement prohibition to foreign persons that 
          engage in certain transactions with Iran's Revolutionary Guard 
          Corps.
Sec. 312. Determinations of whether the National Iranian Oil Company and 
          the National Iranian Tanker Company are agents or affiliates 
          of Iran's Revolutionary Guard Corps.

       TITLE IV--MEASURES RELATING TO HUMAN RIGHTS ABUSES IN IRAN

 Subtitle A--Expansion of Sanctions Relating to Human Rights Abuses in 
                                  Iran

Sec. 401. Imposition of sanctions on certain persons responsible for or 
          complicit in human rights abuses committed against citizens of 
          Iran or their family members after the June 12, 2009, 
          elections in Iran.
Sec. 402. Imposition of sanctions with respect to the transfer of goods 
          or technologies to Iran that are likely to be used to commit 
          human rights abuses.
Sec. 403. Imposition of sanctions with respect to persons who engage in 
          censorship or other related activities against citizens of 
          Iran.

         Subtitle B--Additional Measures to Promote Human Rights

Sec. 411. Codification of sanctions with respect to grave human rights 
          abuses by the governments of Iran and Syria using information 
          technology.
Sec. 412. Clarification of sensitive technologies for purposes of 
          procurement ban under Comprehensive Iran Sanctions, 
          Accountability, and Divestment Act of 2010.
Sec. 413. Expedited consideration of requests for authorization of 
          certain human rights-, humanitarian-, and democracy-related 
          activities with respect to Iran.
Sec. 414. Comprehensive strategy to promote Internet freedom and access 
          to information in Iran.
Sec. 415. Statement of policy on political prisoners.

                         TITLE V--MISCELLANEOUS

Sec. 501. Exclusion of citizens of Iran seeking education relating to 
          the nuclear and energy sectors of Iran.
Sec. 502. Interests in certain financial assets of Iran.
Sec. 503. Technical correction to section 1245 of the National Defense 
          Authorization Act for Fiscal Year 2012.
Sec. 504. Expansion of sanctions under section 1245 of the National 
          Defense Authorization Act for Fiscal Year 2012.
Sec. 505. Reports on natural gas exports from Iran.
Sec. 506. Report on membership of Iran in international organizations.
Sec. 507. Sense of Congress on exportation of goods, services, and 
          technologies for aircraft produced in the United States.

                      TITLE VI--GENERAL PROVISIONS

Sec. 601. Implementation; penalties.
Sec. 602. Applicability to certain intelligence activities.
Sec. 603. Applicability to certain natural gas projects.
Sec. 604. Rule of construction with respect to use of force against Iran 
          and Syria.
Sec. 605. Termination.

    TITLE VII--SANCTIONS WITH RESPECT TO HUMAN RIGHTS ABUSES IN SYRIA

Sec. 701. Short title.
Sec. 702. Imposition of sanctions with respect to certain persons who 
          are responsible for or complicit in human rights abuses 
          committed against citizens of Syria or their family members.
Sec. 703. Imposition of sanctions with respect to the transfer of goods 
          or technologies to Syria that are likely to be used to commit 
          human rights abuses.
Sec. 704. Imposition of sanctions with respect to persons who engage in 
          censorship or other forms of repression in Syria.
Sec. 705. Waiver.
Sec. 706. Termination.
SEC. 2. DEFINITIONS.
    Except as otherwise specifically provided, in this Act:
        (1) Appropriate congressional committees.--The term 
    ``appropriate congressional committees'' has the meaning given that 
    term in section 14 of the Iran Sanctions Act of 1996 (Public Law 
    104-172; 50 U.S.C. 1701 note).
        (2) Financial transaction.--The term ``financial transaction'' 
    means any transfer of value involving a financial institution, 
    including the transfer of forwards, futures, options, swaps, or 
    precious metals, including gold, silver, platinum, and palladium.
        (3) Knowingly.--The term ``knowingly'' has the meaning given 
    that term in section 14 of the Iran Sanctions Act of 1996 (Public 
    Law 104-172; 50 U.S.C. 1701 note).
        (4) United states person.--The term ``United States person'' 
    has the meaning given that term in section 101 of the Comprehensive 
    Iran Sanctions, Accountability, and Divestment Act of 2010 (22 
    U.S.C. 8511).

  TITLE I--EXPANSION OF MULTILATERAL SANCTIONS REGIME WITH RESPECT TO 
                                  IRAN

    SEC. 101. SENSE OF CONGRESS ON ENFORCEMENT OF MULTILATERAL 
      SANCTIONS REGIME AND EXPANSION AND IMPLEMENTATION OF SANCTIONS 
      LAWS.
    It is the sense of Congress that the goal of compelling Iran to 
abandon efforts to acquire a nuclear weapons capability and other 
threatening activities can be effectively achieved through a 
comprehensive policy that includes economic sanctions, diplomacy, and 
military planning, capabilities and options, and that this objective is 
consistent with the one stated by President Barack Obama in the 2012 
State of the Union Address: ``Let there be no doubt: America is 
determined to prevent Iran from getting a nuclear weapon, and I will 
take no options off the table to achieve that goal''. Among the 
economic measures to be taken are--
        (1) prompt enforcement of the current multilateral sanctions 
    regime with respect to Iran;
        (2) full, timely, and vigorous implementation of all sanctions 
    enacted into law, including sanctions imposed or expanded by this 
    Act or amendments made by this Act, through--
            (A) intensified monitoring by the President and the 
        designees of the President, including the Secretary of the 
        Treasury, the Secretary of State, and senior officials in the 
        intelligence community (as defined in section 3(4) of the 
        National Security Act of 1947 (50 U.S.C. 401a(4)), as 
        appropriate;
            (B) more extensive use of extraordinary authorities 
        provided for under the International Emergency Economic Powers 
        Act (50 U.S.C. 1701 et seq.) and other sanctions laws;
            (C) reallocation of resources to provide the personnel 
        necessary, within the Department of the Treasury, the 
        Department of State, and the Department of Commerce, and, where 
        appropriate, the intelligence community, to apply and enforce 
        sanctions; and
            (D) expanded cooperation with international sanctions 
        enforcement efforts;
        (3) urgent consideration of the expansion of existing sanctions 
    with respect to such areas as--
            (A) the provision of energy-related services to Iran;
            (B) the provision of insurance and reinsurance services to 
        Iran;
            (C) the provision of shipping services to Iran; and
            (D) those Iranian financial institutions not yet designated 
        for the imposition of sanctions that may be acting as 
        intermediaries for Iranian financial institutions that are 
        designated for the imposition of sanctions; and
        (4) a focus on countering Iran's efforts to evade sanctions, 
    including--
            (A) the activities of telecommunications, Internet, and 
        satellite service providers, in and outside of Iran, to ensure 
        that such providers are not participating in or facilitating, 
        directly or indirectly, the evasion of the sanctions regime 
        with respect to Iran or violations of the human rights of the 
        people of Iran;
            (B) the activities of financial institutions or other 
        businesses or government agencies, in or outside of Iran, not 
        yet designated for the imposition of sanctions; and
            (C) urgent and ongoing evaluation of Iran's energy, 
        national security, financial, and telecommunications sectors, 
        to gauge the effects of, and possible defects in, particular 
        sanctions, with prompt efforts to correct any gaps in the 
        existing sanctions regime with respect to Iran.
    SEC. 102. DIPLOMATIC EFFORTS TO EXPAND MULTILATERAL SANCTIONS 
      REGIME.
    (a) Multilateral Negotiations.--Congress urges the President to 
intensify diplomatic efforts, both in appropriate international fora 
such as the United Nations and bilaterally with allies of the United 
States, for the purpose of--
        (1) expanding the United Nations Security Council sanctions 
    regime to include--
            (A) a prohibition on the issuance of visas to any official 
        of the Government of Iran who is involved in--
                (i) human rights violations in or outside of Iran;
                (ii) the development of a nuclear weapons program and a 
            ballistic missile capability in Iran; or
                (iii) support by the Government of Iran for terrorist 
            organizations, including Hamas and Hezbollah; and
            (B) a requirement that each member country of the United 
        Nations--
                (i) prohibit the Islamic Republic of Iran Shipping 
            Lines from landing at seaports, and cargo flights of Iran 
            Air from landing at airports, in that country because of 
            the role of those organizations in proliferation and 
            illegal arms sales; and
                (ii) apply the prohibitions described in clause (i) to 
            other Iranian entities designated for the imposition of 
            sanctions on or after the date of the enactment of this 
            Act;
        (2) expanding the range of sanctions imposed with respect to 
    Iran by allies of the United States;
        (3) expanding efforts to limit the development of petroleum 
    resources and the importation of refined petroleum products by 
    Iran;
        (4) developing additional initiatives to--
            (A) increase the production of crude oil in countries other 
        than Iran; and
            (B) assist countries that purchase or otherwise obtain 
        crude oil or petroleum products from Iran to eliminate their 
        dependence on crude oil and petroleum products from Iran; and
        (5) eliminating the revenue generated by the Government of Iran 
    from the sale of petrochemical products produced in Iran to other 
    countries.
    (b) Reports to Congress.--Not later than 180 days after the date of 
the enactment of this Act, and every 180 days thereafter, the President 
shall submit to the appropriate congressional committees a report on 
the extent to which diplomatic efforts described in subsection (a) have 
been successful that includes--
        (1) an identification of the countries that have agreed to 
    impose sanctions or take other measures to further the policy set 
    forth in subsection (a);
        (2) the extent of the implementation and enforcement of those 
    sanctions or other measures by those countries;
        (3) the criteria the President uses to determine whether a 
    country has significantly reduced its crude oil purchases from Iran 
    pursuant to section 1245(d)(4)(D) of the National Defense 
    Authorization Act for Fiscal Year 2012, as amended by section 504, 
    including considerations of reductions both in terms of volume and 
    price;
        (4) an identification of the countries that have not agreed to 
    impose such sanctions or measures, including such countries granted 
    exceptions for significant reductions in crude oil purchases 
    pursuant to such section 1245(d)(4)(D);
        (5) recommendations for additional measures that the United 
    States could take to further diplomatic efforts described in 
    subsection (a); and
        (6) the disposition of any decision with respect to sanctions 
    imposed with respect to Iran by the World Trade Organization or its 
    predecessor organization.

TITLE II--EXPANSION OF SANCTIONS RELATING TO THE ENERGY SECTOR OF IRAN 
        AND PROLIFERATION OF WEAPONS OF MASS DESTRUCTION BY IRAN
        Subtitle A--Expansion of the Iran Sanctions Act of 1996

    SEC. 201. EXPANSION OF SANCTIONS WITH RESPECT TO THE ENERGY SECTOR 
      OF IRAN.
    Section 5(a) of the Iran Sanctions Act of 1996 (Public Law 104-172; 
50 U.S.C. 1701 note) is amended--
        (1) in the subsection heading, by striking ``with Respect to'' 
    and all that follows through ``to Iran'' and inserting ``relating 
    to the Energy Sector of Iran'';
        (2) in paragraph (1)(A)--
            (A) by striking ``3 or more'' and inserting ``5 or more''; 
        and
            (B) by striking ``the Comprehensive Iran Sanctions, 
        Accountability, and Divestment Act of 2010'' and inserting 
        ``the Iran Threat Reduction and Syria Human Rights Act of 
        2012'';
        (3) in paragraph (2)--
            (A) in subparagraph (A)--
                (i) by striking ``3 or more'' and inserting ``5 or 
            more''; and
                (ii) by striking ``the Comprehensive Iran Sanctions, 
            Accountability, and Divestment Act of 2010'' and inserting 
            ``the Iran Threat Reduction and Syria Human Rights Act of 
            2012''; and
            (B) in subparagraph (B), by inserting before the period at 
        the end the following: ``or directly associated infrastructure, 
        including construction of port facilities, railways, and roads, 
        the primary use of which is to support the delivery of refined 
        petroleum products'';
        (4) in paragraph (3)--
            (A) in subparagraph (A)--
                (i) by striking ``3 or more'' and inserting ``5 or 
            more''; and
                (ii) by striking ``the Comprehensive Iran Sanctions, 
            Accountability, and Divestment Act of 2010'' and inserting 
            ``the Iran Threat Reduction and Syria Human Rights Act of 
            2012''; and
            (B) in subparagraph (B)--
                (i) in clause (ii), by striking ``; or'' and inserting 
            a semicolon;
                (ii) in clause (iii), by striking the period at the end 
            and inserting a semicolon; and
                (iii) by adding at the end the following:
                ``(iv) bartering or contracting by which goods are 
            exchanged for goods, including the insurance or reinsurance 
            of such exchanges; or
                ``(v) purchasing, subscribing to, or facilitating the 
            issuance of sovereign debt of the Government of Iran, 
            including governmental bonds, issued on or after the date 
            of the enactment of the Iran Threat Reduction and Syria 
            Human Rights Act of 2012.''; and
        (5) by adding at the end the following:
        ``(4) Joint ventures with iran relating to developing petroleum 
    resources.--
            ``(A) In general.--Except as provided in subparagraph (B) 
        or subsection (f), the President shall impose 5 or more of the 
        sanctions described in section 6(a) with respect to a person if 
        the President determines that the person knowingly 
        participates, on or after the date of the enactment of the Iran 
        Threat Reduction and Syria Human Rights Act of 2012, in a joint 
        venture with respect to the development of petroleum resources 
        outside of Iran if--
                ``(i) the joint venture is established on or after 
            January 1, 2002; and
                ``(ii)(I) the Government of Iran is a substantial 
            partner or investor in the joint venture; or
                ``(II) Iran could, through a direct operational role in 
            the joint venture or by other means, receive technological 
            knowledge or equipment not previously available to Iran 
            that could directly and significantly contribute to the 
            enhancement of Iran's ability to develop petroleum 
            resources in Iran.
            ``(B) Applicability.--Subparagraph (A) shall not apply with 
        respect to participation in a joint venture established on or 
        after January 1, 2002, and before the date of the enactment of 
        the Iran Threat Reduction and Syria Human Rights Act of 2012, 
        if the person participating in the joint venture terminates 
        that participation not later than the date that is 180 days 
        after such date of enactment.
        ``(5) Support for the development of petroleum resources and 
    refined petroleum products in iran.--
            ``(A) In general.--Except as provided in subsection (f), 
        the President shall impose 5 or more of the sanctions described 
        in section 6(a) with respect to a person if the President 
        determines that the person knowingly, on or after the date of 
        the enactment of the Iran Threat Reduction and Syria Human 
        Rights Act of 2012, sells, leases, or provides to Iran goods, 
        services, technology, or support described in subparagraph 
        (B)--
                ``(i) any of which has a fair market value of 
            $1,000,000 or more; or
                ``(ii) that, during a 12-month period, have an 
            aggregate fair market value of $5,000,000 or more.
            ``(B) Goods, services, technology, or support described.--
        Goods, services, technology, or support described in this 
        subparagraph are goods, services, technology, or support that 
        could directly and significantly contribute to the maintenance 
        or enhancement of Iran's--
                ``(i) ability to develop petroleum resources located in 
            Iran; or
                ``(ii) domestic production of refined petroleum 
            products, including any direct and significant assistance 
            with respect to the construction, modernization, or repair 
            of petroleum refineries or directly associated 
            infrastructure, including construction of port facilities, 
            railways, and roads, the primary use of which is to support 
            the delivery of refined petroleum products.
        ``(6) Development and purchase of petrochemical products from 
    iran.--
            ``(A) In general.--Except as provided in subsection (f), 
        the President shall impose 5 or more of the sanctions described 
        in section 6(a) with respect to a person if the President 
        determines that the person knowingly, on or after the date of 
        the enactment of the Iran Threat Reduction and Syria Human 
        Rights Act of 2012, sells, leases, or provides to Iran goods, 
        services, technology, or support described in subparagraph 
        (B)--
                ``(i) any of which has a fair market value of $250,000 
            or more; or
                ``(ii) that, during a 12-month period, have an 
            aggregate fair market value of $1,000,000 or more.
            ``(B) Goods, services, technology, or support described.--
        Goods, services, technology, or support described in this 
        subparagraph are goods, services, technology, or support that 
        could directly and significantly contribute to the maintenance 
        or expansion of Iran's domestic production of petrochemical 
        products.''.
    SEC. 202. IMPOSITION OF SANCTIONS WITH RESPECT TO TRANSPORTATION OF 
      CRUDE OIL FROM IRAN AND EVASION OF SANCTIONS BY SHIPPING 
      COMPANIES.
    (a) In General.--Section 5(a) of the Iran Sanctions Act of 1996, as 
amended by section 201, is further amended by adding at the end the 
following:
        ``(7) Transportation of crude oil from iran.--
            ``(A) In general.--Except as provided in subsection (f), 
        the President shall impose 5 or more of the sanctions described 
        in section 6(a) with respect to a person if the President 
        determines that--
                ``(i) the person is a controlling beneficial owner of, 
            or otherwise owns, operates, or controls, or insures, a 
            vessel that, on or after the date that is 90 days after the 
            date of the enactment of the Iran Threat Reduction and 
            Syria Human Rights Act of 2012, was used to transport crude 
            oil from Iran to another country; and
                ``(ii)(I) in the case of a person that is a controlling 
            beneficial owner of the vessel, the person had actual 
            knowledge the vessel was so used; or
                ``(II) in the case of a person that otherwise owns, 
            operates, or controls, or insures, the vessel, the person 
            knew or should have known the vessel was so used.
            ``(B) Applicability of sanctions.--
                ``(i) In general.--Except as provided in clause (ii), 
            subparagraph (A) shall apply with respect to the 
            transportation of crude oil from Iran only if a 
            determination of the President under section 1245(d)(4)(B) 
            of the National Defense Authorization Act for Fiscal Year 
            2012 (22 U.S.C. 8513a(d)(4)(B)) that there is a sufficient 
            supply of petroleum and petroleum products produced in 
            countries other than Iran to permit purchasers of petroleum 
            and petroleum products from Iran to reduce significantly 
            their purchases from Iran is in effect at the time of the 
            transportation of the crude oil.
                ``(ii) Exception for certain countries.--Subparagraph 
            (A) shall not apply with respect to the transportation of 
            crude oil from Iran to a country to which the exception 
            under paragraph (4)(D) of section 1245(d) of the National 
            Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 
            8513a(d)) to the imposition of sanctions under paragraph 
            (1) of that section applies at the time of the 
            transportation of the crude oil.
        ``(8) Concealing iranian origin of crude oil and refined 
    petroleum products.--
            ``(A) In general.--Except as provided in subsection (f), 
        the President shall impose 5 or more of the sanctions described 
        in section 6(a) with respect to a person if the President 
        determines that the person is a controlling beneficial owner, 
        or otherwise owns, operates, or controls, a vessel that, on or 
        after the date that is 90 days after the date of the enactment 
        of the Iran Threat Reduction and Syria Human Rights Act of 
        2012, is used, with actual knowledge in the case of a person 
        that is a controlling beneficial owner or knowingly in the case 
        of a person that otherwise owns, operates, or controls the 
        vessel, in a manner that conceals the Iranian origin of crude 
        oil or refined petroleum products transported on the vessel, 
        including by--
                ``(i) permitting the operator of the vessel to suspend 
            the operation of the vessel's satellite tracking device; or
                ``(ii) obscuring or concealing the ownership, 
            operation, or control of the vessel by--

                    ``(I) the Government of Iran;
                    ``(II) the National Iranian Tanker Company or the 
                Islamic Republic of Iran Shipping Lines; or
                    ``(III) any other entity determined by the 
                President to be owned or controlled by the Government 
                of Iran or an entity specified in subclause (II).

            ``(B) Additional sanction.--Subject to such regulations as 
        the President may prescribe and in addition to the sanctions 
        imposed under subparagraph (A), the President may prohibit a 
        vessel owned, operated, or controlled by a person, including a 
        controlling beneficial owner, with respect to which the 
        President has imposed sanctions under that subparagraph and 
        that was used for the activity for which the President imposed 
        those sanctions from landing at a port in the United States for 
        a period of not more than 2 years after the date on which the 
        President imposed those sanctions.
            ``(C) Vessels identified by the office of foreign assets 
        control.--For purposes of subparagraph (A)(ii), a person shall 
        be deemed to have actual knowledge that a vessel is owned, 
        operated, or controlled by the Government of Iran or an entity 
        specified in subclause (II) or (III) of subparagraph (A)(ii) if 
        the International Maritime Organization vessel registration 
        identification for the vessel is--
                ``(i) included on a list of specially designated 
            nationals and blocked persons maintained by the Office of 
            Foreign Assets Control of the Department of the Treasury 
            for activities with respect to Iran; and
                ``(ii) identified by the Office of Foreign Assets 
            Control as a vessel in which the Government of Iran or any 
            entity specified in subclause (II) or (III) of subparagraph 
            (A)(ii) has an interest.
            ``(D) Definition of iranian origin.--For purposes of 
        subparagraph (A), the term `Iranian origin' means--
                ``(i) with respect to crude oil, that the crude oil was 
            extracted in Iran; and
                ``(ii) with respect to a refined petroleum product, 
            that the refined petroleum product was produced or refined 
            in Iran.
        ``(9) Exception for provision of underwriting services and 
    insurance and reinsurance.--The President may not impose sanctions 
    under paragraph (7) or (8) with respect to a person that provides 
    underwriting services or insurance or reinsurance if the President 
    determines that the person has exercised due diligence in 
    establishing and enforcing official policies, procedures, and 
    controls to ensure that the person does not provide underwriting 
    services or insurance or reinsurance for the transportation of 
    crude oil or refined petroleum products from Iran in a manner for 
    which sanctions may be imposed under either such paragraph.''.
    (b) Regulations and Guidelines.--Not later than 90 days after the 
date of the enactment of this Act, the President shall prescribe such 
regulations or guidelines as are necessary to implement paragraphs (7), 
(8), and (9) of section 5(a) of the Iran Sanctions Act of 1996, as 
added by this section, including such regulations or guidelines as are 
necessary to implement subparagraph (B) of such paragraph (8).
    SEC. 203. EXPANSION OF SANCTIONS WITH RESPECT TO DEVELOPMENT BY 
      IRAN OF WEAPONS OF MASS DESTRUCTION.
    (a) In General.--Section 5(b) of the Iran Sanctions Act of 1996 
(Public Law 104-172; 50 U.S.C. 1701 note) is amended--
        (1) by redesignating paragraph (2) as paragraph (3); and
        (2) by striking paragraph (1) and inserting the following:
        ``(1) Exports, transfers, and transshipments.--Except as 
    provided in subsection (f), the President shall impose 5 or more of 
    the sanctions described in section 6(a) with respect to a person if 
    the President determines that the person--
            ``(A) on or after the date of the enactment of the Iran 
        Threat Reduction and Syria Human Rights Act of 2012, exported 
        or transferred, or permitted or otherwise facilitated the 
        transshipment of, any goods, services, technology, or other 
        items to any other person; and
            ``(B) knew or should have known that--
                ``(i) the export, transfer, or transshipment of the 
            goods, services, technology, or other items would likely 
            result in another person exporting, transferring, 
            transshipping, or otherwise providing the goods, services, 
            technology, or other items to Iran; and
                ``(ii) the export, transfer, transshipment, or other 
            provision of the goods, services, technology, or other 
            items to Iran would contribute materially to the ability of 
            Iran to--

                    ``(I) acquire or develop chemical, biological, or 
                nuclear weapons or related technologies; or
                    ``(II) acquire or develop destabilizing numbers and 
                types of advanced conventional weapons.

        ``(2) Joint ventures relating to the mining, production, or 
    transportation of uranium.--
            ``(A) In general.--Except as provided in subparagraph (B) 
        or subsection (f), the President shall impose 5 or more of the 
        sanctions described in section 6(a) with respect to a person if 
        the President determines that the person knowingly 
        participated, on or after the date of the enactment of the Iran 
        Threat Reduction and Syria Human Rights Act of 2012, in a joint 
        venture that involves any activity relating to the mining, 
        production, or transportation of uranium--
                ``(i)(I) established on or after February 2, 2012; and
                ``(II) with--

                    ``(aa) the Government of Iran;
                    ``(bb) an entity incorporated in Iran or subject to 
                the jurisdiction of the Government of Iran; or
                    ``(cc) a person acting on behalf of or at the 
                direction of, or owned or controlled by, the Government 
                of Iran or an entity described in item (bb); or

                ``(ii)(I) established before February 2, 2012;
                ``(II) with the Government of Iran, an entity described 
            in item (bb) of clause (i)(II), or a person described in 
            item (cc) of that clause; and
                ``(III) through which--

                    ``(aa) uranium is transferred directly to Iran or 
                indirectly to Iran through a third country;
                    ``(bb) the Government of Iran receives significant 
                revenue; or
                    ``(cc) Iran could, through a direct operational 
                role or by other means, receive technological knowledge 
                or equipment not previously available to Iran that 
                could contribute materially to the ability of Iran to 
                develop nuclear weapons or related technologies.

            ``(B) Applicability of sanctions.--Subparagraph (A) shall 
        not apply with respect to participation in a joint venture 
        established before the date of the enactment of the Iran Threat 
        Reduction and Syria Human Rights Act of 2012 if the person 
        participating in the joint venture terminates that 
        participation not later than the date that is 180 days after 
        such date of enactment.''.
    (b) Conforming Amendments.--The Iran Sanctions Act of 1996, as 
amended by this section and sections 201 and 202, is further amended--
        (1) in section 5--
            (A) in paragraph (3) of subsection (b), as redesignated by 
        subsection (a)(1) of this section--
                (i) by striking ``paragraph (1)'' each place it appears 
            and inserting ``paragraph (1) or (2)''; and
                (ii) in subparagraph (F)--

                    (I) by striking ``that paragraph'' and inserting 
                ``paragraph (1) or (2), as the case may be''; and
                    (II) by striking ``the Comprehensive Iran 
                Sanctions, Accountability, and Divestment Act of 2010'' 
                and inserting ``the Iran Threat Reduction and Syria 
                Human Rights Act of 2012'';

            (B) in subsection (c)--
                (i) in the matter preceding paragraph (1), by striking 
            ``subsections (a) and (b)(1)'' and inserting ``subsection 
            (a) and paragraphs (1) and (2) of subsection (b)''; and
                (ii) in paragraph (1), by striking ``subsection (a) or 
            (b)(1)'' and inserting ``subsection (a) or paragraph (1) or 
            (2) of subsection (b)''; and
            (C) in subsection (f)--
                (i) in the matter preceding paragraph (1), by striking 
            ``subsection (a) or (b)(1)'' and inserting ``subsection (a) 
            or paragraph (1) or (2) of subsection (b)''; and
                (ii) by redesignating paragraphs (6) and (7) as 
            paragraphs (5) and (6), respectively; and
        (2) in section 9, by striking ``section 5(a) or 5(b)(1)'' each 
    place it appears and inserting ``subsection (a) or paragraph (1) or 
    (2) of subsection (b) of section 5''.
    SEC. 204. EXPANSION OF SANCTIONS AVAILABLE UNDER THE IRAN SANCTIONS 
      ACT OF 1996.
    (a) In General.--Section 6(a) of the Iran Sanctions Act of 1996 
(Public Law 104-172; 50 U.S.C. 1701 note) is amended--
        (1) by redesignating paragraph (9) as paragraph (12); and
        (2) by inserting after paragraph (8) the following:
        ``(9) Ban on investment in equity or debt of sanctioned 
    person.--The President may, pursuant to such regulations or 
    guidelines as the President may prescribe, prohibit any United 
    States person from investing in or purchasing significant amounts 
    of equity or debt instruments of a sanctioned person.
        ``(10) Exclusion of corporate officers.--The President may 
    direct the Secretary of State to deny a visa to, and the Secretary 
    of Homeland Security to exclude from the United States, any alien 
    that the President determines is a corporate officer or principal 
    of, or a shareholder with a controlling interest in, a sanctioned 
    person.
        ``(11) Sanctions on principal executive officers.--The 
    President may impose on the principal executive officer or officers 
    of any sanctioned person, or on persons performing similar 
    functions and with similar authorities as such officer or officers, 
    any of the sanctions under this subsection.''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
take effect on the date of the enactment of this Act and apply with 
respect to activities described in subsections (a) and (b) of section 5 
of the Iran Sanctions Act of 1996, as amended by this title, commenced 
on or after such date of enactment.
    SEC. 205. MODIFICATION OF WAIVER STANDARD UNDER THE IRAN SANCTIONS 
      ACT OF 1996.
    Section 9(c) of the Iran Sanctions Act of 1996, as amended by 
section 203, is further amended by striking paragraph (1) and inserting 
the following:
        ``(1) Authority.--
            ``(A) Sanctions relating to the energy sector of iran.--The 
        President may waive, on a case-by-case basis and for a period 
        of not more than one year, the requirement in section 5(a) to 
        impose a sanction or sanctions on a person described in section 
        5(c), and may waive the continued imposition of a sanction or 
        sanctions under subsection (b) of this section, 30 days or more 
        after the President determines and so reports to the 
        appropriate congressional committees that it is essential to 
        the national security interests of the United States to 
        exercise such waiver authority.
            ``(B) Sanctions relating to development of weapons of mass 
        destruction or other military capabilities.--The President may 
        waive, on a case-by-case basis and for a period of not more 
        than one year, the requirement in paragraph (1) or (2) of 
        section 5(b) to impose a sanction or sanctions on a person 
        described in section 5(c), and may waive the continued 
        imposition of a sanction or sanctions under subsection (b) of 
        this section, 30 days or more after the President determines 
        and so reports to the appropriate congressional committees that 
        it is vital to the national security interests of the United 
        States to exercise such waiver authority.
            ``(C) Renewal of waivers.--The President may renew, on a 
        case-by-case basis, a waiver with respect to a person under 
        subparagraph (A) or (B) for additional one-year periods if, not 
        later than 30 days before the waiver expires, the President 
        makes the determination and submits to the appropriate 
        congressional committees the report described in subparagraph 
        (A) or (B), as applicable.''.
    SEC. 206. BRIEFINGS ON IMPLEMENTATION OF THE IRAN SANCTIONS ACT OF 
      1996.
    Section 4 of the Iran Sanctions Act of 1996 (Public Law 104-172; 50 
U.S.C. 1701 note) is amended by adding at the end the following:
    ``(f) Briefings on Implementation.--Not later than 90 days after 
the date of the enactment of the Iran Threat Reduction and Syria Human 
Rights Act of 2012, and every 120 days thereafter, the President, 
acting through the Secretary of State, shall provide to the appropriate 
congressional committees a comprehensive briefing on efforts to 
implement this Act.''.
    SEC. 207. EXPANSION OF DEFINITIONS UNDER THE IRAN SANCTIONS ACT OF 
      1996.
    (a) In General.--Section 14 of the Iran Sanctions Act of 1996 
(Public Law 104-172; 50 U.S.C. 1701 note) is amended--
        (1) by redesignating paragraphs (17) and (18) as paragraphs 
    (20) and (21), respectively;
        (2) by redesignating paragraphs (15) and (16) as paragraphs 
    (17) and (18), respectively;
        (3) by redesignating paragraphs (4) through (14) as paragraphs 
    (5) through (15), respectively;
        (4) by inserting after paragraph (3) the following:
        ``(4) Credible information.--The term `credible information', 
    with respect to a person--
            ``(A) includes--
                ``(i) a public announcement by the person that the 
            person has engaged in an activity described in subsection 
            (a) or (b) of section 5; and
                ``(ii) information set forth in a report to 
            stockholders of the person indicating that the person has 
            engaged in such an activity; and
            ``(B) may include, in the discretion of the President--
                ``(i) an announcement by the Government of Iran that 
            the person has engaged in such an activity; or
                ``(ii) information indicating that the person has 
            engaged in such an activity that is set forth in--

                    ``(I) a report of the Government Accountability 
                Office, the Energy Information Administration, or the 
                Congressional Research Service; or
                    ``(II) a report or publication of a similarly 
                reputable governmental organization or trade or 
                industry organization.'';

        (5) by inserting after paragraph (15), as redesignated by 
    paragraph (3), the following:
        ``(16) Petrochemical product.--The term `petrochemical product' 
    includes any aromatic, olefin, or synthesis gas, and any derivative 
    of such a gas, including ethylene, propylene, butadiene, benzene, 
    toluene, xylene, ammonia, methanol, and urea.''; and
        (6) by inserting after paragraph (18), as redesignated by 
    paragraph (2), the following:
        ``(19) Services.--The term `services' includes software, 
    hardware, financial, professional consulting, engineering, and 
    specialized energy information services, energy-related technical 
    assistance, and maintenance and repairs.''.
    (b) Effective Date.--The amendments made by subsection (a) shall 
take effect on the date of the enactment of this Act and apply with 
respect to activities described in subsections (a) and (b) of section 5 
of the Iran Sanctions Act of 1996, as amended by this title, commenced 
on or after such date of enactment.
    SEC. 208. SENSE OF CONGRESS ON ENERGY SECTOR OF IRAN.
    It is the sense of Congress that--
        (1) the energy sector of Iran remains a zone of proliferation 
    concern since the Government of Iran continues to divert 
    substantial revenues derived from sales of petroleum resources to 
    finance its illicit nuclear and missile activities; and
        (2) the President should apply the full range of sanctions 
    under the Iran Sanctions Act of 1996, as amended by this Act, to 
    address the threat posed by the Government of Iran.

   Subtitle B--Additional Measures Relating to Sanctions Against Iran

    SEC. 211. IMPOSITION OF SANCTIONS WITH RESPECT TO THE PROVISION OF 
      VESSELS OR SHIPPING SERVICES TO TRANSPORT CERTAIN GOODS RELATED 
      TO PROLIFERATION OR TERRORISM ACTIVITIES TO IRAN.
    (a) In General.--Except as provided in subsection (c), if the 
President determines that a person, on or after the date of the 
enactment of this Act, knowingly sells, leases, or provides a vessel or 
provides insurance or reinsurance or any other shipping service for the 
transportation to or from Iran of goods that could materially 
contribute to the activities of the Government of Iran with respect to 
the proliferation of weapons of mass destruction or support for acts of 
international terrorism, the President shall, pursuant to Executive 
Order No. 13382 (70 Fed. Reg. 38567; relating to blocking of property 
of weapons of mass destruction proliferators and their supporters) or 
Executive Order No. 13224 (66 Fed. Reg. 49079; relating to blocking 
property and prohibiting transactions with persons who commit, threaten 
to commit, or support terrorism), or otherwise pursuant to the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.), 
block and prohibit all transactions in all property and interests in 
property of the persons specified in subsection (b) if such property 
and interests in property are in the United States, come within the 
United States, or are or come within the possession or control of a 
United States person.
    (b) Persons Specified.--The persons specified in this subsection 
are--
        (1) the person that sold, leased, or provided a vessel or 
    provided insurance or reinsurance or another shipping service 
    described in subsection (a); and
        (2) any person that--
            (A) is a successor entity to the person referred to in 
        paragraph (1);
            (B) owns or controls the person referred to in paragraph 
        (1), if the person that owns or controls the person referred to 
        in paragraph (1) had actual knowledge or should have known that 
        the person referred to in paragraph (1) sold, leased, or 
        provided the vessel or provided the insurance or reinsurance or 
        other shipping service; or
            (C) is owned or controlled by, or under common ownership or 
        control with, the person referred to in paragraph (1), if the 
        person owned or controlled by, or under common ownership or 
        control with (as the case may be), the person referred to in 
        paragraph (1) knowingly engaged in the sale, lease, or 
        provision of the vessel or the provision of the insurance or 
        reinsurance or other shipping service.
    (c) Waiver.--The President may waive the requirement to impose 
sanctions with respect to a person under subsection (a) on or after the 
date that is 30 days after the President--
        (1) determines that such a waiver is vital to the national 
    security interests of the United States; and
        (2) submits to the appropriate congressional committees a 
    report that contains the reasons for that determination.
    (d) Report Required.--
        (1) In general.--Not later than 90 days after the date of the 
    enactment of this Act, and every 90 days thereafter, the Secretary 
    of the Treasury, in coordination with the Secretary of State, shall 
    submit to the appropriate congressional committees a report 
    identifying operators of vessels and other persons that conduct or 
    facilitate significant financial transactions with persons that 
    manage ports in Iran that have been designated for the imposition 
    of sanctions pursuant to the International Emergency Economic 
    Powers Act (50 U.S.C. 1701 et seq.).
        (2) Form of report.--A report submitted under paragraph (1) 
    shall be submitted in unclassified form but may contain a 
    classified annex.
    (e) Rule of Construction.--Nothing in this section shall be 
construed to limit the authority of the President to designate persons 
for the imposition of sanctions pursuant to Executive Order No. 13382 
(70 Fed. Reg. 38567; relating to the blocking of property of weapons of 
mass destruction proliferators and their supporters) or Executive Order 
No. 13224 (66 Fed. Reg. 49079; relating to blocking property and 
prohibiting transactions with persons who commit, threaten to commit, 
or support terrorism), or otherwise pursuant to the International 
Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).
    SEC. 212. IMPOSITION OF SANCTIONS WITH RESPECT TO PROVISION OF 
      UNDERWRITING SERVICES OR INSURANCE OR REINSURANCE FOR THE 
      NATIONAL IRANIAN OIL COMPANY OR THE NATIONAL IRANIAN TANKER 
      COMPANY.
    (a) In General.--Except as provided in subsection (b), not later 
than 60 days after the date of the enactment of this Act, the President 
shall impose 5 or more of the sanctions described in section 6(a) of 
the Iran Sanctions Act of 1996, as amended by section 204, with respect 
to a person if the President determines that the person knowingly, on 
or after such date of enactment, provides underwriting services or 
insurance or reinsurance for the National Iranian Oil Company, the 
National Iranian Tanker Company, or a successor entity to either such 
company.
    (b) Exceptions.--
        (1) Underwriters and insurance providers exercising due 
    diligence.--The President is authorized not to impose sanctions 
    under subsection (a) with respect to a person that provides 
    underwriting services or insurance or reinsurance if the President 
    determines that the person has exercised due diligence in 
    establishing and enforcing official policies, procedures, and 
    controls to ensure that the person does not provide underwriting 
    services or insurance or reinsurance for the National Iranian Oil 
    Company, the National Iranian Tanker Company, or a successor entity 
    to either such company.
        (2) Food; medicine; humanitarian assistance.--The President may 
    not impose sanctions under subsection (a) for the provision of 
    underwriting services or insurance or reinsurance for any activity 
    relating solely to--
            (A) the provision of agricultural commodities, food, 
        medicine, or medical devices to Iran; or
            (B) the provision of humanitarian assistance to the people 
        of Iran.
        (3) Termination period.--The President is authorized not to 
    impose sanctions under subsection (a) with respect to a person if 
    the President receives reliable assurances that the person will 
    terminate the provision of underwriting services or insurance or 
    reinsurance for the National Iranian Oil Company, the National 
    Iranian Tanker Company, and any successor entity to either such 
    company, not later than the date that is 120 days after the date of 
    the enactment of this Act.
    (c) Definitions.--In this section:
        (1) Agricultural commodity.--The term ``agricultural 
    commodity'' has the meaning given that term in section 102 of the 
    Agricultural Trade Act of 1978 (7 U.S.C. 5602).
        (2) Medical device.--The term ``medical device'' has the 
    meaning given the term ``device'' in section 201 of the Federal 
    Food, Drug, and Cosmetic Act (21 U.S.C. 321).
        (3) Medicine.--The term ``medicine'' has the meaning given the 
    term ``drug'' in section 201 of the Federal Food, Drug, and 
    Cosmetic Act (21 U.S.C. 321).
    (d) Application of Provisions of Iran Sanctions Act of 1996.--The 
following provisions of the Iran Sanctions Act of 1996, as amended by 
this Act, apply with respect to the imposition of sanctions under 
subsection (a) to the same extent that such provisions apply with 
respect to the imposition of sanctions under section 5(a) of the Iran 
Sanctions Act of 1996:
        (1) Subsection (c) of section 4.
        (2) Subsections (c), (d), and (f) of section 5.
        (3) Section 8.
        (4) Section 9.
        (5) Section 11.
        (6) Section 12.
        (7) Subsection (b) of section 13.
        (8) Section 14.
    (e) Rule of Construction and Implementation.--Nothing in this 
section shall be construed to limit the authority of the President to 
impose sanctions pursuant to the Iran Sanctions Act of 1996 (Public Law 
104-172; 50 U.S.C. 1701 note), the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (22 U.S.C. 8501 et seq.), 
the International Emergency Economic Powers Act (50 U.S.C. 1701 et 
seq.), section 1245 of the National Defense Authorization Act for 
Fiscal Year 2012 (22 U.S.C. 8513a), or any other provision of this Act.
    SEC. 213. IMPOSITION OF SANCTIONS WITH RESPECT TO PURCHASE, 
      SUBSCRIPTION TO, OR FACILITATION OF THE ISSUANCE OF IRANIAN 
      SOVEREIGN DEBT.
    (a) In General.--The President shall impose 5 or more of the 
sanctions described in section 6(a) of the Iran Sanctions Act of 1996, 
as amended by section 204, with respect to a person if the President 
determines that the person knowingly, on or after the date of the 
enactment of this Act, purchases, subscribes to, or facilitates the 
issuance of--
        (1) sovereign debt of the Government of Iran issued on or after 
    such date of enactment, including governmental bonds; or
        (2) debt of any entity owned or controlled by the Government of 
    Iran issued on or after such date of enactment, including bonds.
    (b) Application of Provisions of Iran Sanctions Act of 1996.--The 
following provisions of the Iran Sanctions Act of 1996, as amended by 
this Act, apply with respect to the imposition of sanctions under 
subsection (a) to the same extent that such provisions apply with 
respect to the imposition of sanctions under section 5(a) of the Iran 
Sanctions Act of 1996:
        (1) Subsection (c) of section 4.
        (2) Subsections (c), (d), and (f) of section 5.
        (3) Section 8.
        (4) Section 9.
        (5) Section 11.
        (6) Section 12.
        (7) Subsection (b) of section 13.
        (8) Section 14.
    SEC. 214. IMPOSITION OF SANCTIONS WITH RESPECT TO SUBSIDIARIES AND 
      AGENTS OF PERSONS SANCTIONED BY UNITED NATIONS SECURITY COUNCIL 
      RESOLUTIONS.
    (a) In General.--Section 104(c)(2)(B) of the Comprehensive Iran 
Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
8513(c)(2)(B)) is amended--
        (1) by striking ``of a person subject'' and inserting the 
    following: ``of--
                ``(i) a person subject'';
        (2) in clause (i), as designated by paragraph (1), by striking 
    the semicolon and inserting ``; or''; and
        (3) by adding at the end the following:
                ``(ii) a person acting on behalf of or at the direction 
            of, or owned or controlled by, a person described in clause 
            (i);''.
    (b) Regulations.--Not later than 90 days after the date of the 
enactment of this Act, the Secretary of the Treasury shall make such 
revisions to the regulations prescribed under section 104 of the 
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8513) as are necessary to carry out the amendments made 
by subsection (a).
    SEC. 215. IMPOSITION OF SANCTIONS WITH RESPECT TO TRANSACTIONS WITH 
      PERSONS SANCTIONED FOR CERTAIN ACTIVITIES RELATING TO TERRORISM 
      OR PROLIFERATION OF WEAPONS OF MASS DESTRUCTION.
    (a) In General.--Section 104(c)(2)(E)(ii) of the Comprehensive Iran 
Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
8513(c)(2)(E)(ii)) is amended in the matter preceding subclause (I) by 
striking ``financial institution'' and inserting ``person''.
    (b) Regulations.--Not later than 90 days after the date of the 
enactment of this Act, the Secretary of the Treasury shall make such 
revisions to the regulations prescribed under section 104 of the 
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8513) as are necessary to carry out the amendment made 
by subsection (a).
    SEC. 216. EXPANSION OF, AND REPORTS ON, MANDATORY SANCTIONS WITH 
      RESPECT TO FINANCIAL INSTITUTIONS THAT ENGAGE IN CERTAIN 
      ACTIVITIES RELATING TO IRAN.
    (a) In General.--The Comprehensive Iran Sanctions, Accountability, 
and Divestment Act of 2010 (22 U.S.C. 8501 et seq.) is amended by 
inserting after section 104 the following:
``SEC. 104A. EXPANSION OF, AND REPORTS ON, MANDATORY SANCTIONS WITH 
RESPECT TO FINANCIAL INSTITUTIONS THAT ENGAGE IN CERTAIN ACTIVITIES.
    ``(a) In General.--Not later than 90 days after the date of the 
enactment of the Iran Threat Reduction and Syria Human Rights Act of 
2012, the Secretary of the Treasury shall revise the regulations 
prescribed under section 104(c)(1) to apply to a foreign financial 
institution described in subsection (b) to the same extent and in the 
same manner as those regulations apply to a foreign financial 
institution that the Secretary of the Treasury finds knowingly engages 
in an activity described in section 104(c)(2).
    ``(b) Foreign Financial Institutions Described.--A foreign 
financial institution described in this subsection is a foreign 
financial institution, including an Iranian financial institution, that 
the Secretary of the Treasury finds--
        ``(1) knowingly facilitates, or participates or assists in, an 
    activity described in section 104(c)(2), including by acting on 
    behalf of, at the direction of, or as an intermediary for, or 
    otherwise assisting, another person with respect to the activity;
        ``(2) attempts or conspires to facilitate or participate in 
    such an activity; or
        ``(3) is owned or controlled by a foreign financial institution 
    that the Secretary finds knowingly engages in such an activity.
    ``(c) Reports Required.--
        ``(1) In general.--Not later than 180 days after the date of 
    the enactment of the Iran Threat Reduction and Syria Human Rights 
    Act of 2012, and every 180 days thereafter, the Secretary of the 
    Treasury shall submit to the appropriate congressional committees a 
    report that contains a detailed description of--
            ``(A) the effect of the regulations prescribed under 
        section 104(c)(1) on the financial system and economy of Iran 
        and capital flows to and from Iran; and
            ``(B) the ways in which funds move into and out of 
        financial institutions described in section 104(c)(2)(E)(ii), 
        with specific attention to the use of other Iranian financial 
        institutions and other foreign financial institutions to 
        receive and transfer funds for financial institutions described 
        in that section.
        ``(2) Form of report.--Each report submitted under paragraph 
    (1) shall be submitted in unclassified form but may contain a 
    classified annex.
    ``(d) Definitions.--In this section:
        ``(1) Financial institution.--The term `financial institution' 
    means a financial institution specified in subparagraph (A), (B), 
    (C), (D), (E), (F), (G), (H), (I), (J), (K), (M), (N), (R), or (Y) 
    of section 5312(a)(2) of title 31, United States Code.
        ``(2) Foreign financial institution.--The term `foreign 
    financial institution' has the meaning of that term as determined 
    by the Secretary of the Treasury pursuant to section 104(i).
        ``(3) Iranian financial institution.--The term `Iranian 
    financial institution' means--
            ``(A) a financial institution organized under the laws of 
        Iran or any jurisdiction within Iran, including a foreign 
        branch of such an institution;
            ``(B) a financial institution located in Iran;
            ``(C) a financial institution, wherever located, owned or 
        controlled by the Government of Iran; and
            ``(D) a financial institution, wherever located, owned or 
        controlled by a financial institution described in subparagraph 
        (A), (B), or (C).''.
    (b) Clerical Amendment.--The table of contents for the 
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 is amended by inserting after the item relating to section 104 the 
following:

``Sec. 104A. Expansion of, and reports on, mandatory sanctions with 
          respect to financial institutions that engage in certain 
          activities.''.
    SEC. 217. CONTINUATION IN EFFECT OF SANCTIONS WITH RESPECT TO THE 
      GOVERNMENT OF IRAN, THE CENTRAL BANK OF IRAN, AND SANCTIONS 
      EVADERS.
    (a) Sanctions Relating to Blocking of Property of the Government of 
Iran and Iranian Financial Institutions.--United States sanctions with 
respect to Iran provided for in Executive Order No. 13599 (77 Fed. Reg. 
6659), as in effect on the day before the date of the enactment of this 
Act, shall remain in effect until the date that is 90 days after the 
date on which the President submits to the appropriate congressional 
committees the certification described in subsection (d).
    (b) Sanctions Relating to Foreign Sanctions Evaders.--United States 
sanctions with respect to Iran provided for in Executive Order No. 
13608 (77 Fed. Reg. 26409), as in effect on the day before the date of 
the enactment of this Act, shall remain in effect until the date that 
is 30 days after the date on which the President submits to the 
appropriate congressional committees the certification described in 
section 401(a) of the Comprehensive Iran Sanctions, Accountability, and 
Divestment Act of 2010 (22 U.S.C. 8551(a)).
    (c) Continuation of Sanctions With Respect to the Central Bank of 
Iran.--In addition to the sanctions referred to in subsection (a), the 
President shall continue to apply to the Central Bank of Iran sanctions 
pursuant to the International Emergency Economic Powers Act (50 U.S.C. 
1701 et seq.), including blocking of property and restrictions or 
prohibitions on financial transactions and the exportation of property, 
until the date that is 90 days after the date on which the President 
submits to Congress the certification described in subsection (d).
    (d) Certification Described.--
        (1) In general.--The certification described in this subsection 
    is the certification of the President to Congress that the Central 
    Bank of Iran is not--
            (A) providing financial services in support of, or 
        otherwise facilitating, the ability of Iran to--
                (i) acquire or develop chemical, biological, or nuclear 
            weapons, or related technologies;
                (ii) construct, equip, operate, or maintain nuclear 
            facilities that could aid Iran's effort to acquire a 
            nuclear capability; or
                (iii) acquire or develop ballistic missiles, cruise 
            missiles, or destabilizing types and amounts of 
            conventional weapons; or
            (B) facilitating transactions or providing financial 
        services for--
                (i) Iran's Revolutionary Guard Corps; or
                (ii) financial institutions the property or interests 
            in property of which are blocked pursuant to the 
            International Emergency Economic Powers Act (50 U.S.C. 1701 
            et seq.) in connection with--

                    (I) Iran's proliferation of weapons of mass 
                destruction or delivery systems for weapons of mass 
                destruction; or
                    (II) Iran's support for international terrorism.

        (2) Submission to congress.--
            (A) In general.--The President shall submit the 
        certification described in paragraph (1) to the appropriate 
        congressional committees in writing and shall include a 
        justification for the certification.
            (B) Form of certification.--The certification described in 
        paragraph (1) shall be submitted in unclassified form but may 
        contain a classified annex.
    (e) Rule of Construction.--Nothing in this section shall be 
construed to limit the authority of the President pursuant to the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) or 
the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8501 et seq.).
    SEC. 218. LIABILITY OF PARENT COMPANIES FOR VIOLATIONS OF SANCTIONS 
      BY FOREIGN SUBSIDIARIES.
    (a) Definitions.--In this section:
        (1) Entity.--The term ``entity'' means a partnership, 
    association, trust, joint venture, corporation, or other 
    organization.
        (2) Own or control.--The term ``own or control'' means, with 
    respect to an entity--
            (A) to hold more than 50 percent of the equity interest by 
        vote or value in the entity;
            (B) to hold a majority of seats on the board of directors 
        of the entity; or
            (C) to otherwise control the actions, policies, or 
        personnel decisions of the entity.
    (b) Prohibition.--Not later than 60 days after the date of the 
enactment of this Act, the President shall prohibit an entity owned or 
controlled by a United States person and established or maintained 
outside the United States from knowingly engaging in any transaction 
directly or indirectly with the Government of Iran or any person 
subject to the jurisdiction of the Government of Iran that would be 
prohibited by an order or regulation issued pursuant to the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) if 
the transaction were engaged in by a United States person or in the 
United States.
    (c) Civil Penalty.--The civil penalties provided for in section 
206(b) of the International Emergency Economic Powers Act (50 U.S.C. 
1705(b)) shall apply to a United States person to the same extent that 
such penalties apply to a person that commits an unlawful act described 
in section 206(a) of that Act if an entity owned or controlled by the 
United States person and established or maintained outside the United 
States violates, attempts to violate, conspires to violate, or causes a 
violation of any order or regulation issued to implement subsection 
(b).
    (d) Applicability.--Subsection (c) shall not apply with respect to 
a transaction described in subsection (b) by an entity owned or 
controlled by a United States person and established or maintained 
outside the United States if the United States person divests or 
terminates its business with the entity not later than the date that is 
180 days after the date of the enactment of this Act.
    SEC. 219. DISCLOSURES TO THE SECURITIES AND EXCHANGE COMMISSION 
      RELATING TO SANCTIONABLE ACTIVITIES.
    (a) In General.--Section 13 of the Securities Exchange Act of 1934 
(15 U.S.C. 78m) is amended by adding at the end the following new 
subsection:
    ``(r) Disclosure of Certain Activities Relating to Iran.--
        ``(1) In general.--Each issuer required to file an annual or 
    quarterly report under subsection (a) shall disclose in that report 
    the information required by paragraph (2) if, during the period 
    covered by the report, the issuer or any affiliate of the issuer--
            ``(A) knowingly engaged in an activity described in 
        subsection (a) or (b) of section 5 of the Iran Sanctions Act of 
        1996 (Public Law 104-172; 50 U.S.C. 1701 note);
            ``(B) knowingly engaged in an activity described in 
        subsection (c)(2) of section 104 of the Comprehensive Iran 
        Sanctions, Accountability, and Divestment Act of 2010 (22 
        U.S.C. 8513) or a transaction described in subsection (d)(1) of 
        that section;
            ``(C) knowingly engaged in an activity described in section 
        105A(b)(2) of that Act; or
            ``(D) knowingly conducted any transaction or dealing with--
                ``(i) any person the property and interests in property 
            of which are blocked pursuant to Executive Order No. 13224 
            (66 Fed. Reg. 49079; relating to blocking property and 
            prohibiting transactions with persons who commit, threaten 
            to commit, or support terrorism);
                ``(ii) any person the property and interests in 
            property of which are blocked pursuant to Executive Order 
            No. 13382 (70 Fed. Reg. 38567; relating to blocking of 
            property of weapons of mass destruction proliferators and 
            their supporters); or
                ``(iii) any person or entity identified under section 
            560.304 of title 31, Code of Federal Regulations (relating 
            to the definition of the Government of Iran) without the 
            specific authorization of a Federal department or agency.
        ``(2) Information required.--If an issuer or an affiliate of 
    the issuer has engaged in any activity described in paragraph (1), 
    the issuer shall disclose a detailed description of each such 
    activity, including--
            ``(A) the nature and extent of the activity;
            ``(B) the gross revenues and net profits, if any, 
        attributable to the activity; and
            ``(C) whether the issuer or the affiliate of the issuer (as 
        the case may be) intends to continue the activity.
        ``(3) Notice of disclosures.--If an issuer reports under 
    paragraph (1) that the issuer or an affiliate of the issuer has 
    knowingly engaged in any activity described in that paragraph, the 
    issuer shall separately file with the Commission, concurrently with 
    the annual or quarterly report under subsection (a), a notice that 
    the disclosure of that activity has been included in that annual or 
    quarterly report that identifies the issuer and contains the 
    information required by paragraph (2).
        ``(4) Public disclosure of information.--Upon receiving a 
    notice under paragraph (3) that an annual or quarterly report 
    includes a disclosure of an activity described in paragraph (1), 
    the Commission shall promptly--
            ``(A) transmit the report to--
                ``(i) the President;
                ``(ii) the Committee on Foreign Affairs and the 
            Committee on Financial Services of the House of 
            Representatives; and
                ``(iii) the Committee on Foreign Relations and the 
            Committee on Banking, Housing, and Urban Affairs of the 
            Senate; and
            ``(B) make the information provided in the disclosure and 
        the notice available to the public by posting the information 
        on the Internet website of the Commission.
        ``(5) Investigations.--Upon receiving a report under paragraph 
    (4) that includes a disclosure of an activity described in 
    paragraph (1) (other than an activity described in subparagraph 
    (D)(iii) of that paragraph), the President shall--
            ``(A) initiate an investigation into the possible 
        imposition of sanctions under the Iran Sanctions Act of 1996 
        (Public Law 104-172; 50 U.S.C. 1701 note), section 104 or 105A 
        of the Comprehensive Iran Sanctions, Accountability, and 
        Divestment Act of 2010, an Executive order specified in clause 
        (i) or (ii) of paragraph (1)(D), or any other provision of law 
        relating to the imposition of sanctions with respect to Iran, 
        as applicable; and
            ``(B) not later than 180 days after initiating such an 
        investigation, make a determination with respect to whether 
        sanctions should be imposed with respect to the issuer or the 
        affiliate of the issuer (as the case may be).
        ``(6) Sunset.--The provisions of this subsection shall 
    terminate on the date that is 30 days after the date on which the 
    President makes the certification described in section 401(a) of 
    the Comprehensive Iran Sanctions, Accountability, and Divestment 
    Act of 2010 (22 U.S.C. 8551(a)).''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
take effect with respect to reports required to be filed with the 
Securities and Exchange Commission after the date that is 180 days 
after the date of the enactment of this Act.
    SEC. 220. REPORTS ON, AND AUTHORIZATION OF IMPOSITION OF SANCTIONS 
      WITH RESPECT TO, THE PROVISION OF SPECIALIZED FINANCIAL MESSAGING 
      SERVICES TO THE CENTRAL BANK OF IRAN AND OTHER SANCTIONED IRANIAN 
      FINANCIAL INSTITUTIONS.
    (a) Sense of Congress.--It is the sense of Congress that--
        (1) providers of specialized financial messaging services are a 
    critical link to the international financial system;
        (2) the European Union is to be commended for strengthening the 
    multilateral sanctions regime against Iran by deciding that 
    specialized financial messaging services may not be provided to the 
    Central Bank of Iran and other sanctioned Iranian financial 
    institutions by persons subject to the jurisdiction of the European 
    Union; and
        (3) the loss of access by sanctioned Iranian financial 
    institutions to specialized financial messaging services must be 
    maintained.
    (b) Reports Required.--
        (1) In general.--Not later than 60 days after the date of the 
    enactment of this Act, and every 90 days thereafter, the Secretary 
    of the Treasury shall submit to the appropriate congressional 
    committees a report that contains--
            (A) a list of all persons that the Secretary has identified 
        that directly provide specialized financial messaging services 
        to, or enable or facilitate direct or indirect access to such 
        messaging services for, the Central Bank of Iran or a financial 
        institution described in section 104(c)(2)(E)(ii) of the 
        Comprehensive Iran Sanctions, Accountability, and Divestment 
        Act of 2010 (22 U.S.C. 8513(c)(2)(E)(ii)); and
            (B) a detailed assessment of the status of efforts by the 
        Secretary to end the direct provision of such messaging 
        services to, and the enabling or facilitation of direct or 
        indirect access to such messaging services for, the Central 
        Bank of Iran or a financial institution described in that 
        section.
        (2) Enabling or facilitation of access to specialized financial 
    messaging services through intermediary financial institutions.--
    For purposes of paragraph (1) and subsection (c), enabling or 
    facilitating direct or indirect access to specialized financial 
    messaging services for the Central Bank of Iran or a financial 
    institution described in section 104(c)(2)(E)(ii) of the 
    Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
    2010 (22 U.S.C. 8513(c)(2)(E)(ii)) includes doing so by serving as 
    an intermediary financial institution with access to such messaging 
    services.
        (3) Form of report.--A report submitted under paragraph (1) 
    shall be submitted in unclassified form but may contain a 
    classified annex.
    (c) Authorization of Imposition of Sanctions.--
        (1) In general.--Except as provided in paragraph (2), if, on or 
    after the date that is 90 days after the date of the enactment of 
    this Act, a person continues to knowingly and directly provide 
    specialized financial messaging services to, or knowingly enable or 
    facilitate direct or indirect access to such messaging services 
    for, the Central Bank of Iran or a financial institution described 
    in paragraph (2)(E)(ii) of section 104(c) of the Comprehensive Iran 
    Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
    8513(c)), the President may impose sanctions pursuant to that 
    section or the International Emergency Economic Powers Act (50 
    U.S.C. 1701 et seq.) with respect to the person.
        (2) Exception.--The President may not impose sanctions pursuant 
    to paragraph (1) with respect to a person for directly providing 
    specialized financial messaging services to, or enabling or 
    facilitating direct or indirect access to such messaging services 
    for, the Central Bank of Iran or a financial institution described 
    in section 104(c)(2)(E)(ii) of the Comprehensive Iran Sanctions, 
    Accountability, and Divestment Act of 2010 (22 U.S.C. 
    8513(c)(2)(E)(ii)) if--
            (A) the person is subject to a sanctions regime under its 
        governing foreign law that requires it to eliminate the knowing 
        provision of such messaging services to, and the knowing 
        enabling and facilitation of direct or indirect access to such 
        messaging services for--
                (i) the Central Bank of Iran; and
                (ii) a group of Iranian financial institutions 
            identified under such governing foreign law for purposes of 
            that sanctions regime if the President determines that--

                    (I) the group is substantially similar to the group 
                of financial institutions described in section 
                104(c)(2)(E)(ii) of the Comprehensive Iran Sanctions, 
                Accountability, and Divestment Act of 2010 (22 U.S.C. 
                8513(c)(2)(E)(ii)); and
                    (II) the differences between those groups of 
                financial institutions do not adversely affect the 
                national interest of the United States; and

            (B) the person has, pursuant to that sanctions regime, 
        terminated the knowing provision of such messaging services to, 
        and the knowing enabling and facilitation of direct or indirect 
        access to such messaging services for, the Central Bank of Iran 
        and each Iranian financial institution identified under such 
        governing foreign law for purposes of that sanctions regime.
    (d) Rule of Construction.--Nothing in this section shall be 
construed to limit the authority of the President pursuant to the 
International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) or 
the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8501 et seq.).
    SEC. 221. IDENTIFICATION OF, AND IMMIGRATION RESTRICTIONS ON, 
      SENIOR OFFICIALS OF THE GOVERNMENT OF IRAN AND THEIR FAMILY 
      MEMBERS.
    (a) Identification.--Not later than 180 days after the date of the 
enactment of this Act, and annually thereafter, the President shall 
publish a list of each individual the President determines is--
        (1) a senior official of the Government of Iran described in 
    subsection (b) that is involved in Iran's--
            (A) illicit nuclear activities or proliferation of weapons 
        of mass destruction or delivery systems for weapons of mass 
        destruction;
            (B) support for international terrorism; or
            (C) commission of serious human rights abuses against 
        citizens of Iran or their family members; or
        (2) a family member of such an official.
    (b) Senior Officials of the Government of Iran Described.--A senior 
official of the Government of Iran described in this subsection is any 
senior official of that Government, including--
        (1) the Supreme Leader of Iran;
        (2) the President of Iran;
        (3) a member of the Cabinet of the Government of Iran;
        (4) a member of the Assembly of Experts;
        (5) a senior member of the Intelligence Ministry of Iran; or
        (6) a senior member of Iran's Revolutionary Guard Corps, 
    including a senior member of a paramilitary organization such as 
    Ansar-e-Hezbollah or Basij-e Motaz'afin.
    (c) Exclusion From United States.--Except as provided in subsection 
(d), the Secretary of State shall deny a visa to, and the Secretary of 
Homeland Security shall exclude from the United States, any alien who 
is on the list required by subsection (a).
    (d) Exception To Comply With United Nations Headquarters 
Agreement.--Subsection (c) shall not apply to an individual if 
admitting the individual to the United States is necessary to permit 
the United States to comply with the Agreement between the United 
Nations and the United States of America regarding the Headquarters of 
the United Nations, signed June 26, 1947, and entered into force 
November 21, 1947, and other applicable international obligations.
    (e) Waiver.--The President may waive the application of subsection 
(a) or (c) with respect to an individual if the President--
        (1) determines that such a waiver is essential to the national 
    interests of the United States; and
        (2) not less than 7 days before the waiver takes effect, 
    notifies Congress of the waiver and the reason for the waiver.
    SEC. 222. SENSE OF CONGRESS AND RULE OF CONSTRUCTION RELATING TO 
      CERTAIN AUTHORITIES OF STATE AND LOCAL GOVERNMENTS.
    (a) Sense of Congress.--It is the sense of Congress that the United 
States should support actions by States or local governments that are 
within their authority, including determining how investment assets are 
valued for purposes of safety and soundness of financial institutions 
and insurers, that are consistent with and in furtherance of the 
purposes of this Act and other Acts that are amended by this Act.
    (b) Rule of Construction.--Section 202 of the Comprehensive Iran 
Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 8532) 
is amended by adding at the end the following:
    ``(j) Rule of Construction.--Nothing in this Act or any other 
provision of law authorizing sanctions with respect to Iran shall be 
construed to abridge the authority of a State to issue and enforce 
rules governing the safety, soundness, and solvency of a financial 
institution subject to its jurisdiction or the business of insurance 
pursuant to the Act of March 9, 1945 (15 U.S.C. 1011 et seq.) (commonly 
known as the `McCarran-Ferguson Act').''.
    SEC. 223. GOVERNMENT ACCOUNTABILITY OFFICE REPORT ON FOREIGN 
      ENTITIES THAT INVEST IN THE ENERGY SECTOR OF IRAN OR EXPORT 
      REFINED PETROLEUM PRODUCTS TO IRAN.
    (a) Initial Report.--
        (1) In general.--Not later than 120 days after the date of the 
    enactment of this Act, the Comptroller General of the United States 
    shall submit to the appropriate congressional committees a report--
            (A) listing all foreign investors in the energy sector of 
        Iran during the period specified in paragraph (2), including--
                (i) entities that exported gasoline and other refined 
            petroleum products to Iran;
                (ii) entities involved in providing refined petroleum 
            products to Iran, including--

                    (I) entities that provided ships to transport 
                refined petroleum products to Iran; and
                    (II) entities that provided insurance or 
                reinsurance for shipments of refined petroleum products 
                to Iran; and

                (iii) entities involved in commercial transactions of 
            any kind, including joint ventures anywhere in the world, 
            with Iranian energy companies; and
            (B) identifying the countries in which gasoline and other 
        refined petroleum products exported to Iran during the period 
        specified in paragraph (2) were produced or refined.
        (2) Period specified.--The period specified in this paragraph 
    is the period beginning on January 1, 2009, and ending on the date 
    that is 150 days after the date of the enactment of this Act.
    (b) Updated Report.--Not later than one year after submitting the 
report required by subsection (a), the Comptroller General of the 
United States shall submit to the appropriate congressional committees 
a report containing the matters required in the report under subsection 
(a)(1) for the one-year period beginning on the date that is 30 days 
before the date on which the preceding report was required to be 
submitted by this section.
    SEC. 224. REPORTING ON THE IMPORTATION TO AND EXPORTATION FROM IRAN 
      OF CRUDE OIL AND REFINED PETROLEUM PRODUCTS.
    Section 110(b) of the Comprehensive Iran Sanctions, Accountability, 
and Divestment Act of 2010 (22 U.S.C. 8518(b)) is amended by striking 
``a report containing the matters'' and all that follows through the 
period at the end and inserting the following: ``a report, covering the 
180-day period beginning on the date that is 30 days before the date on 
which the preceding report was required to be submitted by this 
section, that--
        ``(1) contains the matters required in the report under 
    subsection (a)(1); and
        ``(2) identifies--
            ``(A) the volume of crude oil and refined petroleum 
        products imported to and exported from Iran (including through 
        swaps and similar arrangements);
            ``(B) the persons selling and transporting crude oil and 
        refined petroleum products described in subparagraph (A), the 
        countries with primary jurisdiction over those persons, and the 
        countries in which those products were refined;
            ``(C) the sources of financing for imports to Iran of crude 
        oil and refined petroleum products described in subparagraph 
        (A); and
            ``(D) the involvement of foreign persons in efforts to 
        assist Iran in--
                ``(i) developing upstream oil and gas production 
            capacity;
                ``(ii) importing advanced technology to upgrade 
            existing Iranian refineries;
                ``(iii) converting existing chemical plants to 
            petroleum refineries; or
                ``(iv) maintaining, upgrading, or expanding existing 
            refineries or constructing new refineries.''.

 TITLE III--SANCTIONS WITH RESPECT TO IRAN'S REVOLUTIONARY GUARD CORPS
     Subtitle A--Identification of, and Sanctions With Respect to, 
 Officials, Agents, Affiliates, and Supporters of Iran's Revolutionary 
                Guard Corps and Other Sanctioned Persons

    SEC. 301. IDENTIFICATION OF, AND IMPOSITION OF SANCTIONS WITH 
      RESPECT TO, OFFICIALS, AGENTS, AND AFFILIATES OF IRAN'S 
      REVOLUTIONARY GUARD CORPS.
    (a) In General.--Not later than 90 days after the date of the 
enactment of this Act, and as appropriate thereafter, the President 
shall--
        (1) identify foreign persons that are officials, agents, or 
    affiliates of Iran's Revolutionary Guard Corps; and
        (2) for each foreign person identified under paragraph (1) that 
    is not already designated for the imposition of sanctions pursuant 
    to the International Emergency Economic Powers Act (50 U.S.C. 1701 
    et seq.)--
            (A) designate that foreign person for the imposition of 
        sanctions pursuant to that Act; and
            (B) block and prohibit all transactions in all property and 
        interests in property of that foreign person if such property 
        and interests in property are in the United States, come within 
        the United States, or are or come within the possession or 
        control of a United States person.
    (b) Priority for Investigation.--In identifying foreign persons 
pursuant to subsection (a)(1) as officials, agents, or affiliates of 
Iran's Revolutionary Guard Corps, the President shall give priority to 
investigating--
        (1) foreign persons or entities identified under section 
    560.304 of title 31, Code of Federal Regulations (relating to the 
    definition of the Government of Iran); and
        (2) foreign persons for which there is a reasonable basis to 
    find that the person has conducted or attempted to conduct one or 
    more sensitive transactions or activities described in subsection 
    (c).
    (c) Sensitive Transactions and Activities Described.--A sensitive 
transaction or activity described in this subsection is--
        (1) a financial transaction or series of transactions valued at 
    more than $1,000,000 in the aggregate in any 12-month period 
    involving a non-Iranian financial institution;
        (2) a transaction to facilitate the manufacture, importation, 
    exportation, or transfer of items needed for the development by 
    Iran of nuclear, chemical, biological, or advanced conventional 
    weapons, including ballistic missiles;
        (3) a transaction relating to the manufacture, procurement, or 
    sale of goods, services, and technology relating to Iran's energy 
    sector, including a transaction relating to the development of the 
    energy resources of Iran, the exportation of petroleum products 
    from Iran, the importation of refined petroleum to Iran, or the 
    development of refining capacity available to Iran;
        (4) a transaction relating to the manufacture, procurement, or 
    sale of goods, services, and technology relating to Iran's 
    petrochemical sector; or
        (5) a transaction relating to the procurement of sensitive 
    technologies (as defined in section 106(c) of the Comprehensive 
    Iran Sanctions, Accountability, and Divestment Act of 2010 (22 
    U.S.C. 8515(c))).
    (d) Exclusion From United States.--
        (1) In general.--Subject to paragraph (2), the Secretary of 
    State shall deny a visa to, and the Secretary of Homeland Security 
    shall exclude from the United States, any alien who, on or after 
    the date of the enactment of this Act, is a foreign person 
    designated pursuant to subsection (a) for the imposition of 
    sanctions pursuant to the International Emergency Economic Powers 
    Act (50 U.S.C. 1701 et seq.).
        (2) Regulatory exceptions to comply with international 
    obligations.--The requirement to deny visas to and exclude aliens 
    from the United States pursuant to paragraph (1) shall be subject 
    to such regulations as the President may prescribe, including 
    regulatory exceptions to permit the United States to comply with 
    the Agreement between the United Nations and the United States of 
    America regarding the Headquarters of the United Nations, signed 
    June 26, 1947, and entered into force November 21, 1947, and other 
    applicable international obligations.
    (e) Waiver of Imposition of Sanctions.--
        (1) In general.--The President may waive the application of 
    subsection (a) or (d) with respect to a foreign person if the 
    President--
            (A) determines that it is vital to the national security 
        interests of the United States to do so; and
            (B) submits to the appropriate congressional committees a 
        report that--
                (i) identifies the foreign person with respect to which 
            the waiver applies; and
                (ii) sets forth the reasons for the determination.
        (2) Form of report.--A report submitted under paragraph (1)(B) 
    shall be submitted in unclassified form but may contain a 
    classified annex.
    (f) Rule of Construction.--Nothing in this section shall be 
construed to remove any sanction of the United States in force with 
respect to Iran's Revolutionary Guard Corps as of the date of the 
enactment of this Act.
    SEC. 302. IDENTIFICATION OF, AND IMPOSITION OF SANCTIONS WITH 
      RESPECT TO, PERSONS THAT SUPPORT OR CONDUCT CERTAIN TRANSACTIONS 
      WITH IRAN'S REVOLUTIONARY GUARD CORPS OR OTHER SANCTIONED 
      PERSONS.
    (a) Identification.--
        (1) In general.--Not later than 90 days after the date of the 
    enactment of this Act, and every 180 days thereafter, the President 
    shall submit to the appropriate congressional committees a report 
    identifying foreign persons that the President determines, on or 
    after the date of the enactment of this Act, knowingly--
            (A) materially assist, sponsor, or provide financial, 
        material, or technological support for, or goods or services in 
        support of, Iran's Revolutionary Guard Corps or any of its 
        officials, agents, or affiliates the property and interests in 
        property of which are blocked pursuant to the International 
        Emergency Economic Powers Act (50 U.S.C. 1701 et seq.);
            (B) engage in a significant transaction or transactions 
        with Iran's Revolutionary Guard Corps or any of its officials, 
        agents, or affiliates--
                (i) the property and interests in property of which are 
            blocked pursuant to that Act; or
                (ii) that are identified under section 301(a)(1) or 
            pursuant to paragraph (4)(A) of section 104(c) of the 
            Comprehensive Iran Sanctions, Accountability, and 
            Divestment Act of 2010, as added by section 312; or
            (C) engage in a significant transaction or transactions 
        with--
                (i) a person subject to financial sanctions pursuant to 
            United Nations Security Council Resolution 1737 (2006), 
            1747 (2007), 1803 (2008), or 1929 (2010), or any other 
            resolution that is adopted by the Security Council and 
            imposes sanctions with respect to Iran or modifies such 
            sanctions; or
                (ii) a person acting on behalf of or at the direction 
            of, or owned or controlled by, a person described in clause 
            (i).
        (2) Form of report.--A report submitted under paragraph (1) 
    shall be submitted in unclassified form but may contain a 
    classified annex.
        (3) Barter transactions.--For purposes of paragraph (1), the 
    term ``transaction'' includes a barter transaction.
    (b) Imposition of Sanctions.--If the President determines under 
subsection (a)(1) that a foreign person has knowingly engaged in an 
activity described in that subsection, the President--
        (1) shall impose 5 or more of the sanctions described in 
    section 6(a) of the Iran Sanctions Act of 1996, as amended by 
    section 204; and
        (2) may impose additional sanctions pursuant to the 
    International Emergency Economic Powers Act (50 U.S.C. 1701 et 
    seq.) with respect to the person.
    (c) Termination.--The President may terminate a sanction imposed 
with respect to a foreign person pursuant to subsection (b) if the 
President determines that the person--
        (1) no longer engages in the activity for which the sanction 
    was imposed; and
        (2) has provided assurances to the President that the person 
    will not engage in any activity described in subsection (a)(1) in 
    the future.
    (d) Waiver of Imposition of Sanctions.--
        (1) In general.--The President may waive the imposition of 
    sanctions under subsection (b) with respect to a foreign person if 
    the President--
            (A)(i) determines that the person has ceased the activity 
        for which sanctions would otherwise be imposed and has taken 
        measures to prevent a recurrence of the activity; or
            (ii) determines that it is essential to the national 
        security interests of the United States to do so; and
            (B) submits to the appropriate congressional committees a 
        report that--
                (i) identifies the foreign person with respect to which 
            the waiver applies;
                (ii) describes the activity that would otherwise 
            subject the foreign person to the imposition of sanctions 
            under subsection (b); and
                (iii) sets forth the reasons for the determination.
        (2) Form of report.--A report submitted under paragraph (1)(B) 
    shall be submitted in unclassified form but may contain a 
    classified annex.
    (e) Waiver of Identifications and Designations.--Notwithstanding 
any other provision of this subtitle and subject to paragraph (2), the 
President shall not be required to make any identification of a foreign 
person under subsection (a) or any identification or designation of a 
foreign person under section 301(a) if the President--
        (1) determines that doing so would cause damage to the national 
    security of the United States; and
        (2) notifies the appropriate congressional committees of the 
    exercise of the authority provided under this subsection.
    (f) Application of Provisions of Iran Sanctions Act of 1996.--The 
following provisions of the Iran Sanctions Act of 1996, as amended by 
this Act, apply with respect to the imposition under subsection (b)(1) 
of sanctions relating to activities described in subsection (a)(1) to 
the same extent that such provisions apply with respect to the 
imposition of sanctions under section 5(a) of the Iran Sanctions Act of 
1996:
        (1) Subsections (c) and (e) of section 4.
        (2) Subsections (c), (d), and (f) of section 5.
        (3) Section 8.
        (4) Section 9.
        (5) Section 11.
        (6) Section 12.
        (7) Subsection (b) of section 13.
        (8) Section 14.
    SEC. 303. IDENTIFICATION OF, AND IMPOSITION OF MEASURES WITH 
      RESPECT TO, FOREIGN GOVERNMENT AGENCIES CARRYING OUT ACTIVITIES 
      OR TRANSACTIONS WITH CERTAIN IRAN-AFFILIATED PERSONS.
    (a) Identification.--
        (1) In general.--Not later than 120 days after the date of the 
    enactment of this Act, and every 180 days thereafter, the President 
    shall submit to the appropriate congressional committees a report 
    that identifies each agency of the government of a foreign country 
    (other than Iran) that the President determines knowingly and 
    materially assisted, sponsored, or provided financial, material, or 
    technological support for, or goods or services in support of, or 
    knowingly and materially engaged in a significant transaction with, 
    any person described in paragraph (2).
        (2) Person described.--A person described in this paragraph 
    is--
            (A) a foreign person that is an official, agent, or 
        affiliate of Iran's Revolutionary Guard Corps that is 
        designated for the imposition of sanctions pursuant to the 
        International Emergency Economic Powers Act (50 U.S.C. 1701 et 
        seq.);
            (B) a foreign person that is designated and subject to 
        financial sanctions pursuant to--
                (i) the Annex of United Nations Security Council 
            Resolution 1737 (2006);
                (ii) Annex I of United Nations Security Council 
            Resolution 1747 (2007);
                (iii) Annex I, II, or III of United Nations Security 
            Council Resolution 1803 (2008);
                (iv) Annex I, II, or III of United Nations Security 
            Council Resolution 1929 (2010); or
                (v) any subsequent and related United Nations Security 
            Council resolution, or any annex thereto, that imposes new 
            sanctions with respect to Iran or modifies existing 
            sanctions with respect to Iran; or
            (C) a foreign person that the agency knows is acting on 
        behalf of or at the direction of, or owned or controlled by, a 
        person described in subparagraph (A) or (B).
        (3) Form of report.--Each report submitted under paragraph (1) 
    shall be submitted in unclassified form but may contain a 
    classified annex.
    (b) Imposition of Measures.--
        (1) In general.--The President may impose any of the following 
    measures with respect to an agency identified pursuant to 
    subsection (a) if the President determines that the assistance, 
    exports, or other support to be prohibited by reason of the 
    imposition of the measures have contributed and would otherwise 
    directly or indirectly contribute to the agency's capability to 
    continue the activities or transactions for which the agency has 
    been identified pursuant to subsection (a):
            (A) No assistance may be provided to the agency under the 
        Foreign Assistance Act of 1961 (22 U.S.C. 2151 et seq.) or the 
        Arms Export Control Act (22 U.S.C. 2751 et seq.) other than 
        humanitarian assistance or the provision of food or other 
        agricultural commodities.
            (B) No sales of any defense articles, defense services, or 
        design and construction services under the Arms Export Control 
        Act (22 U.S.C. 2751 et seq.) may be made to the agency.
            (C) No licenses for export of any item on the United States 
        Munitions List that include the agency as a party to the 
        license may be granted.
            (D) No exports may be permitted to the agency of any goods 
        or technologies controlled for national security reasons under 
        the Export Administration Regulations, except that such 
        prohibition shall not apply to any transaction subject to the 
        reporting requirements of title V of the National Security Act 
        of 1947 (50 U.S.C. 413 et seq.; relating to congressional 
        oversight of intelligence activities).
            (E) The United States shall oppose any loan or financial or 
        technical assistance to the agency by international financial 
        institutions in accordance with section 701 of the 
        International Financial Institutions Act (22 U.S.C. 262d).
            (F) The United States shall deny to the agency any credit 
        or financial assistance by any department, agency, or 
        instrumentality of the United States Government, except that 
        this paragraph shall not apply--
                (i) to any transaction subject to the reporting 
            requirements of title V of the National Security Act of 
            1947 (50 U.S.C. 413 et seq.; relating to congressional 
            oversight of intelligence activities);
                (ii) to the provision of medicines, medical equipment, 
            and humanitarian assistance; or
                (iii) to any credit, credit guarantee, or financial 
            assistance provided by the Department of Agriculture to 
            support the purchase of food or other agricultural 
            commodities.
            (G) Additional restrictions as may be imposed pursuant to 
        the International Emergency Economic Powers Act (50 U.S.C. 1701 
        et seq.).
        (2) Rule of construction.--Nothing in this subsection shall be 
    construed to impose measures with respect to programs under section 
    1501 of the National Defense Authorization Act for Fiscal Year 1997 
    (50 U.S.C. 2632 note) and programs under the Atomic Energy Defense 
    Act (50 U.S.C. 2501 et seq.).
    (c) Termination.--The President may terminate any measures imposed 
with respect to an agency pursuant to subsection (b) if the President 
determines and notifies the appropriate congressional committees that--
        (1)(A) a person described in subparagraph (A) or (B) of 
    subsection (a)(2) with respect to which the agency is carrying out 
    activities or transactions is no longer designated pursuant to 
    subparagraph (A) or (B) of subsection (a)(2); or
        (B) any person described in subparagraph (C) of subsection 
    (a)(2) with respect to which the agency is carrying out activities 
    or transactions is no longer acting on behalf of or at the 
    direction of, or owned or controlled by, any person described in 
    subparagraph (A) or (B) of subsection (a)(2);
        (2) the agency is no longer carrying out activities or 
    transactions for which the measures were imposed and has provided 
    assurances to the United States Government that the agency will not 
    carry out the activities or transactions in the future; or
        (3) it is essential to the national security interest of the 
    United States to terminate such measures.
    (d) Waiver.--If the President does not impose one or more measures 
described in subsection (b) with respect to an agency identified in the 
report required by subsection (a), the President shall include in the 
subsequent report an explanation as to why the President did not impose 
such measures.
    (e) Definition.--In this section, the term ``appropriate 
congressional committees'' means--
        (1) the Committee on Foreign Relations, the Committee on 
    Appropriations, the Committee on Armed Services, the Committee on 
    Banking, Housing, and Urban Affairs, the Committee on Finance, and 
    the Select Committee on Intelligence of the Senate; and
        (2) the Committee on Foreign Affairs, the Committee on 
    Appropriations, the Committee on Armed Services, the Committee on 
    Financial Services, the Committee on Ways and Means, and the 
    Permanent Select Committee on Intelligence of the House of 
    Representatives.
    (f) Effective Date.--This section shall take effect on the date of 
the enactment of this Act and apply with respect to activities and 
transactions described in subsection (a) that are carried out on or 
after the later of--
        (1) the date that is 45 days after such date of enactment; or
        (2) the date that is 45 days after a person is designated as 
    described in subparagraph (A) or (B) of subsection (a)(2).
    SEC. 304. RULE OF CONSTRUCTION.
    Nothing in this subtitle shall be construed to limit the authority 
of the President to designate foreign persons for the imposition of 
sanctions pursuant to the International Emergency Economic Powers Act 
(50 U.S.C. 1701 et seq.).

Subtitle B--Additional Measures Relating to Iran's Revolutionary Guard 
                                 Corps

    SEC. 311. EXPANSION OF PROCUREMENT PROHIBITION TO FOREIGN PERSONS 
      THAT ENGAGE IN CERTAIN TRANSACTIONS WITH IRAN'S REVOLUTIONARY 
      GUARD CORPS.
    (a) In General.--Section 6(b)(1) of the Iran Sanctions Act of 1996 
(Public Law 104-172; 50 U.S.C. 1701 note) is amended--
        (1) by striking ``Not later than 90 days'' and inserting the 
    following:
            ``(A) Certifications relating to activities described in 
        section 5.--Not later than 90 days''; and
        (2) by adding at the end the following:
            ``(B) Certifications relating to transactions with iran's 
        revolutionary guard corps.--Not later than 120 days after the 
        date of the enactment of the Iran Threat Reduction and Syria 
        Human Rights Act of 2012, the Federal Acquisition Regulation 
        shall be revised to require a certification from each person 
        that is a prospective contractor that the person, and any 
        person owned or controlled by the person, does not knowingly 
        engage in a significant transaction or transactions with Iran's 
        Revolutionary Guard Corps or any of its officials, agents, or 
        affiliates the property and interests in property of which are 
        blocked pursuant to the International Emergency Economic Powers 
        Act (50 U.S.C. 1701 et seq.).''.
    (b) Technical and Conforming Amendments.--
        (1) Section 6(b) of the Iran Sanctions Act of 1996, as amended 
    by subsection (a), is further amended--
            (A) in subparagraph (A) of paragraph (1), as designated by 
        subsection (a)(1), by striking ``issued pursuant to section 25 
        of the Office of Federal Procurement Policy Act (41 U.S.C. 
        421)'';
            (B) in paragraph (2)--
                (i) in subparagraph (A)--

                    (I) by striking ``the revision'' and inserting 
                ``the applicable revision''; and
                    (II) by striking ``not more than 3 years'' and 
                inserting ``not less than 2 years''; and

                (ii) in subparagraph (B), by striking ``issued pursuant 
            to section 25 of the Office of Federal Procurement Policy 
            Act (41 U.S.C. 421)'';
            (C) in paragraph (5), by striking ``in the national 
        interest'' and inserting ``essential to the national security 
        interests'';
            (D) by striking paragraph (6) and inserting the following:
        ``(6) Definitions.--In this subsection:
            ``(A) Executive agency.--The term `executive agency' has 
        the meaning given that term in section 133 of title 41, United 
        States Code.
            ``(B) Federal acquisition regulation.--The term `Federal 
        Acquisition Regulation' means the regulation issued pursuant to 
        section 1303(a)(1) of title 41, United States Code.''; and
            (E) in paragraph (7)--
                (i) by striking ``The revisions to the Federal 
            Acquisition Regulation required under paragraph (1)'' and 
            inserting the following:
            ``(A) Certifications relating to activities described in 
        section 5.--The revisions to the Federal Acquisition Regulation 
        required under paragraph (1)(A)''; and
                (ii) by adding at the end the following:
            ``(B) Certifications relating to transactions with iran's 
        revolutionary guard corps.--The revisions to the Federal 
        Acquisition Regulation required under paragraph (1)(B) shall 
        apply with respect to contracts for which solicitations are 
        issued on or after the date that is 120 days after the date of 
        the enactment of the Iran Threat Reduction and Syria Human 
        Rights Act of 2012.''.
        (2) Section 101(3) of the Comprehensive Iran Sanctions, 
    Accountability, and Divestment Act of 2010 (22 U.S.C. 8511(3)) is 
    amended by striking ``section 4 of the Office of Federal 
    Procurement Policy Act (41 U.S.C. 403)'' and inserting ``section 
    133 of title 41, United States Code''.
    SEC. 312. DETERMINATIONS OF WHETHER THE NATIONAL IRANIAN OIL 
      COMPANY AND THE NATIONAL IRANIAN TANKER COMPANY ARE AGENTS OR 
      AFFILIATES OF IRAN'S REVOLUTIONARY GUARD CORPS.
    (a) Sense of Congress.--It is the sense of Congress that the 
National Iranian Oil Company and the National Iranian Tanker Company 
are not only owned and controlled by the Government of Iran but that 
those companies provide significant support to Iran's Revolutionary 
Guard Corps and its affiliates.
    (b) Determinations.--Section 104(c) of the Comprehensive Iran 
Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
8513(c)) is amended by adding at the end the following:
        ``(4) Determinations regarding nioc and nitc.--
            ``(A) Determinations.--For purposes of paragraph (2)(E), 
        the Secretary of the Treasury shall, not later than 45 days 
        after the date of the enactment of the Iran Threat Reduction 
        and Syria Human Rights Act of 2012--
                ``(i) determine whether the NIOC or the NITC is an 
            agent or affiliate of Iran's Revolutionary Guard Corps; and
                ``(ii) submit to the appropriate congressional 
            committees a report on the determinations made under clause 
            (i), together with the reasons for those determinations.
            ``(B) Form of report.--A report submitted under 
        subparagraph (A)(ii) shall be submitted in unclassified form 
        but may contain a classified annex.
            ``(C) Applicability with respect to petroleum 
        transactions.--
                ``(i) Application of sanctions.--Except as provided in 
            clause (ii), if the Secretary of the Treasury determines 
            that the NIOC or the NITC is a person described in clause 
            (i) or (ii) of paragraph (2)(E), the regulations prescribed 
            under paragraph (1) shall apply with respect to a 
            significant transaction or transactions or significant 
            financial services knowingly facilitated or provided by a 
            foreign financial institution for the NIOC or the NITC, as 
            applicable, for the purchase of petroleum or petroleum 
            products from Iran, only if a determination of the 
            President under section 1245(d)(4)(B) of the National 
            Defense Authorization Act for Fiscal Year 2012 (22 U.S.C. 
            8513a(d)(4)(B)) that there is a sufficient supply of 
            petroleum and petroleum products produced in countries 
            other than Iran to permit purchasers of petroleum and 
            petroleum products from Iran to reduce significantly their 
            purchases from Iran is in effect at the time of the 
            transaction or the provision of the service.
                ``(ii) Exception for certain countries.--If the 
            Secretary of the Treasury determines that the NIOC or the 
            NITC is a person described in clause (i) or (ii) of 
            paragraph (2)(E), the regulations prescribed under 
            paragraph (1) shall not apply to a significant transaction 
            or transactions or significant financial services knowingly 
            facilitated or provided by a foreign financial institution 
            for the NIOC or the NITC, as applicable, for the purchase 
            of petroleum or petroleum products from Iran if an 
            exception under paragraph (4)(D) of section 1245(d) of the 
            National Defense Authorization Act for Fiscal Year 2012 (22 
            U.S.C. 8513a(d)) applies to the country with primary 
            jurisdiction over the foreign financial institution at the 
            time of the transaction or the provision of the service.
                ``(iii) Rule of construction.--The exceptions in 
            clauses (i) and (ii) shall not be construed to limit the 
            authority of the Secretary of the Treasury to impose 
            sanctions pursuant to the regulations prescribed under 
            paragraph (1) for an activity described in paragraph (2) to 
            the extent the activity would meet the criteria described 
            in that paragraph in the absence of the involvement of the 
            NIOC or the NITC.
            ``(D) Definitions.--In this paragraph:
                ``(i) NIOC.--The term `NIOC' means the National Iranian 
            Oil Company.
                ``(ii) NITC.--The term `NITC' means the National 
            Iranian Tanker Company.''.
    (c) Conforming Amendments.--
        (1) Waiver.--Section 104(f) of the Comprehensive Iran 
    Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
    8513(f)) is amended by inserting ``or section 104A'' after 
    ``subsection (c)''.
        (2) Classified information.--Section 104(g) of the 
    Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
    2010 (22 U.S.C. 8513(g)) is amended by striking ``subsection 
    (c)(1)'' and inserting ``paragraph (1) or (4) of subsection (c) or 
    section 104A'' both places it appears.
    (d) Applicability.--
        (1) In general.--If an exception to sanctions described in 
    clause (i) or (ii) of paragraph (4)(C) of section 104(c) of the 
    Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
    2010, as added by subsection (b), applies to a person that engages 
    in a transaction described in paragraph (2) at the time of the 
    transaction, the President is authorized not to impose sanctions 
    with respect to the transaction under--
            (A) section 302(b)(1);
            (B) section 104A of the Comprehensive Iran Sanctions, 
        Accountability, and Divestment Act of 2010, as added by section 
        216; or
            (C) any other applicable provision of law authorizing the 
        imposition of sanctions with respect to Iran.
        (2) Transaction described.--A transaction described in this 
    paragraph is a transaction--
            (A) solely for the purchase of petroleum or petroleum 
        products from Iran; and
            (B) for which sanctions may be imposed solely as a result 
        of the involvement of the National Iranian Oil Company or the 
        National Iranian Tanker Company in the transaction under--
                (i) section 302(b)(1);
                (ii) section 104A of the Comprehensive Iran Sanctions, 
            Accountability, and Divestment Act of 2010, as added by 
            section 216; or
                (iii) any other applicable provision of law authorizing 
            the imposition of sanctions with respect to Iran.

       TITLE IV--MEASURES RELATING TO HUMAN RIGHTS ABUSES IN IRAN
 Subtitle A--Expansion of Sanctions Relating to Human Rights Abuses in 
                                  Iran

    SEC. 401. IMPOSITION OF SANCTIONS ON CERTAIN PERSONS RESPONSIBLE 
      FOR OR COMPLICIT IN HUMAN RIGHTS ABUSES COMMITTED AGAINST 
      CITIZENS OF IRAN OR THEIR FAMILY MEMBERS AFTER THE JUNE 12, 2009, 
      ELECTIONS IN IRAN.
    (a) Sense of Congress.--It is the sense of Congress that the 
Supreme Leader of Iran, the President of Iran, senior members of the 
Intelligence Ministry of Iran, senior members of Iran's Revolutionary 
Guard Corps, Ansar-e-Hezbollah and Basij-e-Mostaz'afin, and the 
Ministers of Defense, Interior, Justice, and Telecommunications are 
ultimately responsible for ordering, controlling, or otherwise 
directing a pattern and practice of serious human rights abuses against 
the Iranian people, and thus the President should include such persons 
on the list of persons who are responsible for or complicit in 
committing serious human rights abuses and subject to sanctions 
pursuant to section 105 of the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (22 U.S.C. 8514).
    (b) Report.--
        (1) Report required.--Not later than 180 days after the date of 
    the enactment of this Act, the Secretary of State shall submit to 
    the appropriate congressional committees a detailed report with 
    respect to whether each person described in subsection (a) is 
    responsible for or complicit in, or responsible for ordering, 
    controlling, or otherwise directing the commission of serious human 
    rights abuses against citizens of Iran or their family members on 
    or after June 12, 2009, regardless of whether such abuses occurred 
    in Iran. For any such person who is not included in such report, 
    the Secretary of State should describe in the report the reasons 
    why the person was not included, including information on whether 
    sufficient credible evidence of responsibility for such abuses was 
    found.
        (2) Form.--The report required by paragraph (1) shall be 
    submitted in unclassified form but may contain a classified annex.
        (3) Definition.--In this subsection, the term ``appropriate 
    congressional committees'' means--
            (A) the Committee on Foreign Relations and the Committee on 
        Banking, Housing, and Urban Affairs of the Senate; and
            (B) the Committee on Foreign Affairs and the Committee on 
        Financial Services of the House of Representatives.
    SEC. 402. IMPOSITION OF SANCTIONS WITH RESPECT TO THE TRANSFER OF 
      GOODS OR TECHNOLOGIES TO IRAN THAT ARE LIKELY TO BE USED TO 
      COMMIT HUMAN RIGHTS ABUSES.
    (a) In General.--The Comprehensive Iran Sanctions, Accountability, 
and Divestment Act of 2010 (22 U.S.C. 8501 et seq.) is amended by 
inserting after section 105 the following:
``SEC. 105A. IMPOSITION OF SANCTIONS WITH RESPECT TO THE TRANSFER OF 
GOODS OR TECHNOLOGIES TO IRAN THAT ARE LIKELY TO BE USED TO COMMIT 
HUMAN RIGHTS ABUSES.
    ``(a) In General.--The President shall impose sanctions in 
accordance with subsection (c) with respect to each person on the list 
required by subsection (b).
    ``(b) List.--
        ``(1) In general.--Not later than 90 days after the date of the 
    enactment of the Iran Threat Reduction and Syria Human Rights Act 
    of 2012, the President shall submit to the appropriate 
    congressional committees a list of persons that the President 
    determines have knowingly engaged in an activity described in 
    paragraph (2) on or after such date of enactment.
        ``(2) Activity described.--
            ``(A) In general.--A person engages in an activity 
        described in this paragraph if the person--
                ``(i) transfers, or facilitates the transfer of, goods 
            or technologies described in subparagraph (C) to Iran, any 
            entity organized under the laws of Iran or otherwise 
            subject to the jurisdiction of the Government of Iran, or 
            any national of Iran, for use in or with respect to Iran; 
            or
                ``(ii) provides services (including services relating 
            to hardware, software, and specialized information, and 
            professional consulting, engineering, and support services) 
            with respect to goods or technologies described in 
            subparagraph (C) after such goods or technologies are 
            transferred to Iran.
            ``(B) Applicability to contracts and other agreements.--A 
        person engages in an activity described in subparagraph (A) 
        without regard to whether the activity is carried out pursuant 
        to a contract or other agreement entered into before, on, or 
        after the date of the enactment of the Iran Threat Reduction 
        and Syria Human Rights Act of 2012.
            ``(C) Goods or technologies described.--Goods or 
        technologies described in this subparagraph are goods or 
        technologies that the President determines are likely to be 
        used by the Government of Iran or any of its agencies or 
        instrumentalities (or by any other person on behalf of the 
        Government of Iran or any of such agencies or 
        instrumentalities) to commit serious human rights abuses 
        against the people of Iran, including--
                ``(i) firearms or ammunition (as those terms are 
            defined in section 921 of title 18, United States Code), 
            rubber bullets, police batons, pepper or chemical sprays, 
            stun grenades, electroshock weapons, tear gas, water 
            cannons, or surveillance technology; or
                ``(ii) sensitive technology (as defined in section 
            106(c)).
        ``(3) Special rule to allow for termination of sanctionable 
    activity.--The President shall not be required to include a person 
    on the list required by paragraph (1) if the President certifies in 
    writing to the appropriate congressional committees that--
            ``(A) the person is no longer engaging in, or has taken 
        significant verifiable steps toward stopping, the activity 
        described in paragraph (2) for which the President would 
        otherwise have included the person on the list; and
            ``(B) the President has received reliable assurances that 
        the person will not knowingly engage in any activity described 
        in paragraph (2) in the future.
        ``(4) Updates of list.--The President shall submit to the 
    appropriate congressional committees an updated list under 
    paragraph (1)--
            ``(A) each time the President is required to submit an 
        updated list to those committees under section 105(b)(2)(A); 
        and
            ``(B) as new information becomes available.
        ``(5) Form of report; public availability.--
            ``(A) Form.--The list required by paragraph (1) shall be 
        submitted in unclassified form but may contain a classified 
        annex.
            ``(B) Public availability.--The unclassified portion of the 
        list required by paragraph (1) shall be made available to the 
        public and posted on the websites of the Department of the 
        Treasury and the Department of State.
    ``(c) Application of Sanctions.--
        ``(1) In general.--Subject to paragraph (2), the President 
    shall impose sanctions described in section 105(c) with respect to 
    a person on the list required by subsection (b).
        ``(2) Transfers to iran's revolutionary guard corps.--In the 
    case of a person on the list required by subsection (b) for 
    transferring, or facilitating the transfer of, goods or 
    technologies described in subsection (b)(2)(C) to Iran's 
    Revolutionary Guard Corps, or providing services with respect to 
    such goods or technologies after such goods or technologies are 
    transferred to Iran's Revolutionary Guard Corps, the President 
    shall--
            ``(A) impose sanctions described in section 105(c) with 
        respect to the person; and
            ``(B) impose such other sanctions from among the sanctions 
        described in section 6(a) of the Iran Sanctions Act of 1996 
        (Public Law 104-172; 50 U.S.C. 1701 note) as the President 
        determines appropriate.''.
    (b) Clerical Amendment.--The table of contents for the 
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 is amended by inserting after the item relating to section 105 the 
following:

``Sec. 105A. Imposition of sanctions with respect to the transfer of 
          goods or technologies to Iran that are likely to be used to 
          commit human rights abuses.''.
    SEC. 403. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO 
      ENGAGE IN CENSORSHIP OR OTHER RELATED ACTIVITIES AGAINST CITIZENS 
      OF IRAN.
    (a) Sense of Congress.--It is the sense of Congress that--
        (1) satellite service providers and other entities that have 
    direct contractual arrangements to provide satellite services to 
    the Government of Iran or entities owned or controlled by that 
    Government should cease providing broadcast services to that 
    Government and those entities unless that Government ceases 
    activities intended to jam or restrict satellite signals; and
        (2) the United States should address the illegal jamming of 
    satellite signals by the Government of Iran through the voice and 
    vote of the United States in the United Nations International 
    Telecommunications Union.
    (b) Imposition of Sanctions.--The Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (22 U.S.C. 8501 et seq.), as 
amended by section 402, is further amended by inserting after section 
105A the following:
``SEC. 105B. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO ENGAGE 
IN CENSORSHIP OR OTHER RELATED ACTIVITIES AGAINST CITIZENS OF IRAN.
    ``(a) In General.--The President shall impose sanctions described 
in section 105(c) with respect to each person on the list required by 
subsection (b).
    ``(b) List of Persons Who Engage in Censorship.--
        ``(1) In general.--Not later than 90 days after the date of the 
    enactment of the Iran Threat Reduction and Syria Human Rights Act 
    of 2012, the President shall submit to the appropriate 
    congressional committees a list of persons that the President 
    determines have, on or after June 12, 2009, engaged in censorship 
    or other activities with respect to Iran that--
            ``(A) prohibit, limit, or penalize the exercise of freedom 
        of expression or assembly by citizens of Iran; or
            ``(B) limit access to print or broadcast media, including 
        the facilitation or support of intentional frequency 
        manipulation by the Government of Iran or an entity owned or 
        controlled by that Government that would jam or restrict an 
        international signal.
        ``(2) Updates of list.--The President shall submit to the 
    appropriate congressional committees an updated list under 
    paragraph (1)--
            ``(A) each time the President is required to submit an 
        updated list to those committees under section 105(b)(2)(A); 
        and
            ``(B) as new information becomes available.
        ``(3) Form of report; public availability.--
            ``(A) Form.--The list required by paragraph (1) shall be 
        submitted in unclassified form but may contain a classified 
        annex.
            ``(B) Public availability.--The unclassified portion of the 
        list required by paragraph (1) shall be made available to the 
        public and posted on the websites of the Department of the 
        Treasury and the Department of State.''.
    (c) Clerical Amendment.--The table of contents for the 
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010, as amended by section 402, is further amended by inserting after 
the item relating to section 105A the following:

``Sec. 105B. Imposition of sanctions with respect to persons who engage 
          in censorship or other related activities against citizens of 
          Iran.''.

    (d) Conforming Amendments.--Section 401(b)(1) of the Comprehensive 
Iran Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
8551(b)(1)) is amended--
        (1) by inserting ``, 105A(a), or 105B(a)'' after ``105(a)''; 
    and
        (2) by inserting ``, 105A(b), or 105B(b)'' after ``105(b)''.

        Subtitle B--Additional Measures to Promote Human Rights

    SEC. 411. CODIFICATION OF SANCTIONS WITH RESPECT TO GRAVE HUMAN 
      RIGHTS ABUSES BY THE GOVERNMENTS OF IRAN AND SYRIA USING 
      INFORMATION TECHNOLOGY.
    United States sanctions with respect to Iran and Syria provided for 
in Executive Order No. 13606 (77 Fed. Reg. 24571), as in effect on the 
day before the date of the enactment of this Act, shall remain in 
effect--
        (1) with respect to Iran, until the date that is 30 days after 
    the date on which the President submits to Congress the 
    certification described in section 401(a) of the Comprehensive Iran 
    Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
    8551(a)); and
        (2) with respect to Syria, until the date on which the 
    provisions of and sanctions imposed pursuant to title VII terminate 
    pursuant to section 706.
    SEC. 412. CLARIFICATION OF SENSITIVE TECHNOLOGIES FOR PURPOSES OF 
      PROCUREMENT BAN UNDER COMPREHENSIVE IRAN SANCTIONS, 
      ACCOUNTABILITY, AND DIVESTMENT ACT OF 2010.
    The Secretary of State shall--
        (1) not later than 90 days after the date of the enactment of 
    this Act, issue guidelines to further describe the technologies 
    that may be considered ``sensitive technology'' for purposes of 
    section 106 of the Comprehensive Iran Sanctions, Accountability, 
    and Divestment Act of 2010 (22 U.S.C. 8515), with special attention 
    to new forms of sophisticated jamming, monitoring, and surveillance 
    technology relating to mobile telecommunications and the Internet, 
    and publish those guidelines in the Federal Register;
        (2) determine the types of technologies that enable any 
    indigenous capabilities that Iran has to disrupt and monitor 
    information and communications in that country, and consider adding 
    descriptions of those items to the guidelines; and
        (3) periodically review, but in no case less than once each 
    year, the guidelines and, if necessary, amend the guidelines on the 
    basis of technological developments and new information regarding 
    transfers of technologies to Iran and the development of Iran's 
    indigenous capabilities to disrupt and monitor information and 
    communications in Iran.
    SEC. 413. EXPEDITED CONSIDERATION OF REQUESTS FOR AUTHORIZATION OF 
      CERTAIN HUMAN RIGHTS-, HUMANITARIAN-, AND DEMOCRACY-RELATED 
      ACTIVITIES WITH RESPECT TO IRAN.
    (a) Requirement.--The Office of Foreign Assets Control, in 
consultation with the Department of State, shall establish an expedited 
process for the consideration of complete requests for authorization to 
engage in human rights-, humanitarian-, or democracy-related activities 
relating to Iran that are submitted by--
        (1) entities receiving funds from the Department of State to 
    engage in the proposed activity;
        (2) the Broadcasting Board of Governors; and
        (3) other appropriate agencies of the United States Government.
    (b) Procedures.--Requests for authorization under subsection (a) 
shall be submitted to the Office of Foreign Assets Control in 
conformance with the Office's regulations, including section 501.801 of 
title 31, Code of Federal Regulations (commonly known as the Reporting, 
Procedures and Penalties Regulations). Applicants shall fully disclose 
the parties to the transactions as well as describe the activities to 
be undertaken. License applications involving the exportation or 
reexportation of goods, technology, or software to Iran shall include a 
copy of an official Commodity Classification issued by the Department 
of Commerce, Bureau of Industry and Security, as part of the license 
application.
    (c) Foreign Policy Review.--The Department of State shall complete 
a foreign policy review of a request for authorization under subsection 
(a) not later than 30 days after the request is referred to the 
Department by the Office of Foreign Assets Control.
    (d) License Determinations.--License determinations for complete 
requests for authorization under subsection (a) shall be made not later 
than 90 days after receipt by the Office of Foreign Assets Control, 
with the following exceptions:
        (1) Any requests involving the exportation or reexportation to 
    Iran of goods, technology, or software listed on the Commerce 
    Control List maintained pursuant to part 774 of title 15, Code of 
    Federal Regulations, shall be processed in a manner consistent with 
    the Iran-Iraq Arms Non-Proliferation Act of 1992 (title XVI of 
    Public Law 102-484) and other applicable provisions of law.
        (2) Any other requests presenting unusual or extraordinary 
    circumstances.
    (e) Regulations.--The Secretary of the Treasury may prescribe such 
regulations as are appropriate to carry out this section.
    SEC. 414. COMPREHENSIVE STRATEGY TO PROMOTE INTERNET FREEDOM AND 
      ACCESS TO INFORMATION IN IRAN.
    Not later than 90 days after the date of the enactment of this Act, 
the Secretary of State, in consultation with the Secretary of the 
Treasury and the heads of other Federal agencies, as appropriate, shall 
submit to the appropriate congressional committees a comprehensive 
strategy to--
        (1) assist the people of Iran to produce, access, and share 
    information freely and safely via the Internet, including in Farsi 
    and regional languages;
        (2) support the development of counter-censorship technologies 
    that enable the citizens of Iran to undertake Internet activities 
    without interference from the Government of Iran;
        (3) increase the capabilities and availability of secure mobile 
    and other communications through connective technology among human 
    rights and democracy activists in Iran;
        (4) provide resources for digital safety training for media and 
    academic and civil society organizations in Iran;
        (5) provide accurate and substantive Internet content in local 
    languages in Iran;
        (6) increase emergency resources for the most vulnerable human 
    rights advocates seeking to organize, share information, and 
    support human rights in Iran;
        (7) expand surrogate radio, television, live stream, and social 
    network communications inside Iran, including--
            (A) by expanding Voice of America's Persian News Network 
        and Radio Free Europe/Radio Liberty's Radio Farda to provide 
        hourly live news update programming and breaking news coverage 
        capability 24 hours a day and 7 days a week; and
            (B) by assisting telecommunications and software companies 
        that are United States persons to comply with the export 
        licensing requirements of the United States for the purpose of 
        expanding such communications inside Iran;
        (8) expand activities to safely assist and train human rights, 
    civil society, and democracy activists in Iran to operate 
    effectively and securely;
        (9) identify and utilize all available resources to overcome 
    attempts by the Government of Iran to jam or otherwise deny 
    international satellite broadcasting signals;
        (10) expand worldwide United States embassy and consulate 
    programming for and outreach to Iranian dissident communities;
        (11) expand access to proxy servers for democracy activists in 
    Iran; and
        (12) discourage telecommunications and software companies from 
    facilitating Internet censorship by the Government of Iran.
    SEC. 415. STATEMENT OF POLICY ON POLITICAL PRISONERS.
    It shall be the policy of the United States--
        (1) to support efforts to research and identify prisoners of 
    conscience and cases of human rights abuses in Iran;
        (2) to offer refugee status or political asylum in the United 
    States to political dissidents in Iran if requested and consistent 
    with the laws and national security interests of the United States;
        (3) to offer to assist, through the United Nations High 
    Commissioner for Refugees, with the relocation of such political 
    prisoners to other countries if requested, as appropriate and with 
    appropriate consideration for the national security interests of 
    the United States; and
        (4) to publicly call for the release of Iranian dissidents by 
    name and raise awareness with respect to individual cases of 
    Iranian dissidents and prisoners of conscience, as appropriate and 
    if requested by the dissidents or prisoners themselves or their 
    families.

                         TITLE V--MISCELLANEOUS

    SEC. 501. EXCLUSION OF CITIZENS OF IRAN SEEKING EDUCATION RELATING 
      TO THE NUCLEAR AND ENERGY SECTORS OF IRAN.
    (a) In General.--The Secretary of State shall deny a visa to, and 
the Secretary of Homeland Security shall exclude from the United 
States, any alien who is a citizen of Iran that the Secretary of State 
determines seeks to enter the United States to participate in 
coursework at an institution of higher education (as defined in section 
101(a) of the Higher Education Act of 1965 (20 U.S.C. 1001(a))) to 
prepare the alien for a career in the energy sector of Iran or in 
nuclear science or nuclear engineering or a related field in Iran.
    (b) Applicability.--Subsection (a) applies with respect to visa 
applications filed on or after the date of the enactment of this Act.
    SEC. 502. INTERESTS IN CERTAIN FINANCIAL ASSETS OF IRAN.
    (a) Interests in Blocked Assets.--
        (1) In general.--Subject to paragraph (2), notwithstanding any 
    other provision of law, including any provision of law relating to 
    sovereign immunity, and preempting any inconsistent provision of 
    State law, a financial asset that is--
            (A) held in the United States for a foreign securities 
        intermediary doing business in the United States;
            (B) a blocked asset (whether or not subsequently unblocked) 
        that is property described in subsection (b); and
            (C) equal in value to a financial asset of Iran, including 
        an asset of the central bank or monetary authority of the 
        Government of Iran or any agency or instrumentality of that 
        Government, that such foreign securities intermediary or a 
        related intermediary holds abroad,
    shall be subject to execution or attachment in aid of execution in 
    order to satisfy any judgment to the extent of any compensatory 
    damages awarded against Iran for damages for personal injury or 
    death caused by an act of torture, extrajudicial killing, aircraft 
    sabotage, or hostage-taking, or the provision of material support 
    or resources for such an act.
        (2) Court determination required.--In order to ensure that Iran 
    is held accountable for paying the judgments described in paragraph 
    (1) and in furtherance of the broader goals of this Act to sanction 
    Iran, prior to an award turning over any asset pursuant to 
    execution or attachment in aid of execution with respect to any 
    judgments against Iran described in paragraph (1), the court shall 
    determine whether Iran holds equitable title to, or the beneficial 
    interest in, the assets described in subsection (b) and that no 
    other person possesses a constitutionally protected interest in the 
    assets described in subsection (b) under the Fifth Amendment to the 
    Constitution of the United States. To the extent the court 
    determines that a person other than Iran holds--
            (A) equitable title to, or a beneficial interest in, the 
        assets described in subsection (b) (excluding a custodial 
        interest of a foreign securities intermediary or a related 
        intermediary that holds the assets abroad for the benefit of 
        Iran); or
            (B) a constitutionally protected interest in the assets 
        described in subsection (b),
    such assets shall be available only for execution or attachment in 
    aid of execution to the extent of Iran's equitable title or 
    beneficial interest therein and to the extent such execution or 
    attachment does not infringe upon such constitutionally protected 
    interest.
    (b) Financial Assets Described.--The financial assets described in 
this section are the financial assets that are identified in and the 
subject of proceedings in the United States District Court for the 
Southern District of New York in Peterson et al. v. Islamic Republic of 
Iran et al., Case No. 10 Civ. 4518 (BSJ) (GWG), that were restrained by 
restraining notices and levies secured by the plaintiffs in those 
proceedings, as modified by court order dated June 27, 2008, and 
extended by court orders dated June 23, 2009, May 10, 2010, and June 
11, 2010, so long as such assets remain restrained by court order.
    (c) Rules of Construction.--Nothing in this section shall be 
construed--
        (1) to affect the availability, or lack thereof, of a right to 
    satisfy a judgment in any other action against a terrorist party in 
    any proceedings other than proceedings referred to in subsection 
    (b); or
        (2) to apply to assets other than the assets described in 
    subsection (b), or to preempt State law, including the Uniform 
    Commercial Code, except as expressly provided in subsection (a)(1).
    (d) Definitions.--In this section:
        (1) Blocked asset.--The term ``blocked asset''--
            (A) means any asset seized or frozen by the United States 
        under section 5(b) of the Trading With the Enemy Act (50 U.S.C. 
        App. 5(b)) or under section 202 or 203 of the International 
        Emergency Economic Powers Act (50 U.S.C. 1701 and 1702); and
            (B) does not include property that--
                (i) is subject to a license issued by the United States 
            Government for final payment, transfer, or disposition by 
            or to a person subject to the jurisdiction of the United 
            States in connection with a transaction for which the 
            issuance of the license has been specifically required by a 
            provision of law other than the International Emergency 
            Economic Powers Act (50 U.S.C. 1701 et seq.) or the United 
            Nations Participation Act of 1945 (22 U.S.C. 287 et seq.); 
            or
                (ii) is property subject to the Vienna Convention on 
            Diplomatic Relations or the Vienna Convention on Consular 
            Relations, or that enjoys equivalent privileges and 
            immunities under the laws of the United States, and is 
            being used exclusively for diplomatic or consular purposes.
        (2) Financial asset; securities intermediary.--The terms 
    ``financial asset'' and ``securities intermediary'' have the 
    meanings given those terms in the Uniform Commercial Code, but the 
    former includes cash.
        (3) Iran.--The term ``Iran'' means the Government of Iran, 
    including the central bank or monetary authority of that Government 
    and any agency or instrumentality of that Government.
        (4) Person.--
            (A) In general.--The term ``person'' means an individual or 
        entity.
            (B) Entity.--The term ``entity'' means a partnership, 
        association, trust, joint venture, corporation, group, 
        subgroup, or other organization.
        (5) Terrorist party.--The term ``terrorist party'' has the 
    meaning given that term in section 201(d) of the Terrorism Risk 
    Insurance Act of 2002 (28 U.S.C. 1610 note).
        (6) United states.--The term ``United States'' includes all 
    territory and waters, continental, or insular, subject to the 
    jurisdiction of the United States.
    (e) Technical Changes to the Foreign Sovereign Immunities Act.--
        (1) Title 28, united states code.--Section 1610 of title 28, 
    United States Code, is amended--
            (A) in subsection (a)(7), by inserting after ``section 
        1605A'' the following: ``or section 1605(a)(7) (as such section 
        was in effect on January 27, 2008)''; and
            (B) in subsection (b)--
                (i) in paragraph (2)--

                    (I) by striking ``(5), 1605(b), or 1605A'' and 
                inserting ``(5) or 1605(b)''; and
                    (II) by striking the period at the end and 
                inserting ``, or''; and

                (ii) by adding after paragraph (2) the following:
        ``(3) the judgment relates to a claim for which the agency or 
    instrumentality is not immune by virtue of section 1605A of this 
    chapter or section 1605(a)(7) of this chapter (as such section was 
    in effect on January 27, 2008), regardless of whether the property 
    is or was involved in the act upon which the claim is based.''.
        (2) Terrorism risk insurance act of 2002.--Section 201(a) of 
    the Terrorism Risk Insurance Act of 2002 (28 U.S.C. 1610 note) is 
    amended by striking ``section 1605(a)(7)'' and inserting ``section 
    1605A or 1605(a)(7) (as such section was in effect on January 27, 
    2008)''.
    SEC. 503. TECHNICAL CORRECTIONS TO SECTION 1245 OF THE NATIONAL 
      DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2012.
    (a) Exception for Sales of Agricultural Commodities.--
        (1) In general.--Section 1245(d)(2) of the National Defense 
    Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(2)) is 
    amended--
            (A) in the paragraph heading, by inserting ``agricultural 
        commodities,'' after ``sales of''; and
            (B) in the text, by inserting ``agricultural commodities,'' 
        after ``sale of''.
        (2) Effective date.--The amendments made by paragraph (1) shall 
    take effect as if included in the National Defense Authorization 
    Act for Fiscal Year 2012 (Public Law 112-81; 125 Stat. 1298).
    (b) Report of Energy Information Administration.--
        (1) In general.--Section 1245(d)(4)(A) of the National Defense 
    Authorization Act for Fiscal Year 2012 (22 U.S.C. 8513a(d)(4)(A)) 
    is amended--
            (A) by striking ``60 days after the date of the enactment 
        of this Act, and every 60 days thereafter'' and inserting 
        ``October 25, 2012, and the last Thursday of every other month 
        thereafter''; and
            (B) by striking ``60-day period'' and inserting ``2-month 
        period''.
        (2) Effective date.--The amendments made by paragraph (1) shall 
    take effect on September 1, 2012.
    SEC. 504. EXPANSION OF SANCTIONS UNDER SECTION 1245 OF THE NATIONAL 
      DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR 2012.
    (a) In General.--Section 1245 of the National Defense Authorization 
Act for Fiscal Year 2012 (22 U.S.C. 8513a), as amended by section 503, 
is further amended--
        (1) in subsection (d)--
            (A) in paragraph (3), by striking ``a foreign financial 
        institution owned or controlled by the government of a foreign 
        country, including''; and
            (B) in paragraph (4)(D)--
                (i) by striking ``Sanctions imposed'' and inserting the 
            following:
                ``(i) In general.--Sanctions imposed'';
                (ii) in clause (i), as designated by clause (i) of this 
            subparagraph--

                    (I) by striking ``a foreign financial institution'' 
                and inserting ``a financial transaction described in 
                clause (ii) conducted or facilitated by a foreign 
                financial institution'';
                    (II) by striking ``institution has significantly'' 
                and inserting ``institution--
                    ``(I) has significantly reduced'';
                    (III) by striking the period at the end and 
                inserting ``; or''; and
                    (IV) by adding at the end the following:
                    ``(II) in the case of a country that has previously 
                received an exception under this subparagraph, has, 
                after receiving the exception, reduced its crude oil 
                purchases from Iran to zero.''; and

                (iii) by adding at the end the following:
                ``(ii) Financial transactions described.--A financial 
            transaction conducted or facilitated by a foreign financial 
            institution is described in this clause if--

                    ``(I) the financial transaction is only for trade 
                in goods or services between the country with primary 
                jurisdiction over the foreign financial institution and 
                Iran; and
                    ``(II) any funds owed to Iran as a result of such 
                trade are credited to an account located in the country 
                with primary jurisdiction over the foreign financial 
                institution.'';

        (2) in subsection (h)--
            (A) by redesignating paragraph (3) as paragraph (4); and
            (B) by inserting after paragraph (2) the following:
        ``(3) Significant reductions.--The terms `reduce 
    significantly', `significant reduction', and `significantly 
    reduced', with respect to purchases from Iran of petroleum and 
    petroleum products, include a reduction in such purchases in terms 
    of price or volume toward a complete cessation of such 
    purchases.''; and
        (3) by adding at the end the following:
    ``(i) Termination.--The provisions of this section shall terminate 
on the date that is 30 days after the date on which the President 
submits to Congress the certification described in section 401(a) of 
the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8551(a)).''.
    (b) Effective Date.--The amendments made by paragraphs (1) and (2) 
of subsection (a) shall apply with respect to financial transactions 
conducted or facilitated on or after the date that is 180 days after 
the date of the enactment of this Act.
    SEC. 505. REPORTS ON NATURAL GAS EXPORTS FROM IRAN.
    (a) Report by Energy Information Administration.--Not later than 60 
days after the date of the enactment of this Act, the Administrator of 
the Energy Information Administration shall submit to the President and 
the appropriate congressional committees a report on the natural gas 
sector of Iran that includes--
        (1) an assessment of exports of natural gas from Iran;
        (2) an identification of the countries that purchase the most 
    natural gas from Iran;
        (3) an assessment of alternative supplies of natural gas 
    available to those countries;
        (4) an assessment of the impact a reduction in exports of 
    natural gas from Iran would have on global natural gas supplies and 
    the price of natural gas, especially in countries identified under 
    paragraph (2); and
        (5) such other information as the Administrator considers 
    appropriate.
    (b) Report by President.--
        (1) In general.--Not later than 60 days after receiving the 
    report required by subsection (a), the President shall, relying on 
    information in that report, submit to the appropriate congressional 
    committees a report that includes--
            (A) an assessment of--
                (i) the extent to which revenues from exports of 
            natural gas from Iran are still enriching the Government of 
            Iran;
                (ii) whether a sanctions regime similar to the 
            sanctions regime imposed with respect to purchases of 
            petroleum and petroleum products from Iran pursuant to 
            section 1245 of the National Defense Authorization Act for 
            Fiscal Year 2012, as amended by sections 503 and 504, or 
            other measures could be applied effectively to exports of 
            natural gas from Iran;
                (iii) the geostrategic implications of a reduction in 
            exports of natural gas from Iran, including the impact of 
            such a reduction on the countries identified under 
            subsection (a)(2);
                (iv) alternative supplies of natural gas available to 
            those countries; and
                (v) the impact a reduction in exports of natural gas 
            from Iran would have on global natural gas supplies and the 
            price of natural gas and the impact, if any, on swap 
            arrangements for natural gas in place between Iran and 
            neighboring countries; and
            (B) specific recommendations with respect to measures 
        designed to limit the revenue received by the Government of 
        Iran from exports of natural gas; and
            (C) any other information the President considers 
        appropriate.
        (2) Form of report.--Each report required by paragraph (1) 
    shall be submitted in unclassified form but may contain a 
    classified annex.
    SEC. 506. REPORT ON MEMBERSHIP OF IRAN IN INTERNATIONAL 
      ORGANIZATIONS.
    Not later than 180 days after the date of the enactment of this 
Act, and not later than September 1 of each year thereafter, the 
Secretary of State shall submit to the appropriate congressional 
committees a report listing the international organizations of which 
Iran is a member and detailing the amount that the United States 
contributes to each such organization on an annual basis.
    SEC. 507. SENSE OF CONGRESS ON EXPORTATION OF GOODS, SERVICES, AND 
      TECHNOLOGIES FOR AIRCRAFT PRODUCED IN THE UNITED STATES.
    It is the sense of Congress that licenses to export or reexport 
goods, services, or technologies for aircraft produced in the United 
States should be provided only in situations in which such licenses are 
truly essential and in a manner consistent with the laws and foreign 
policy goals of the United States.

                      TITLE VI--GENERAL PROVISIONS

    SEC. 601. IMPLEMENTATION; PENALTIES.
    (a) Implementation.--The President may exercise all authorities 
provided under sections 203 and 205 of the International Emergency 
Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out--
        (1) sections 211, 212, 213, 217, 218, 220, 312, and 411, 
    subtitle A of title III, and title VII;
        (2) section 104A of the Comprehensive Iran Sanctions, 
    Accountability, and Divestment Act of 2010, as added by section 
    312; and
        (3) sections 105A and 105B of the Comprehensive Iran Sanctions, 
    Accountability, and Divestment Act of 2010, as added by subtitle A 
    of title IV.
    (b) Penalties.--
        (1) In general.--The penalties provided for in subsections (b) 
    and (c) of section 206 of the International Emergency Economic 
    Powers Act (50 U.S.C. 1705) shall apply to a person that violates, 
    attempts to violate, conspires to violate, or causes a violation of 
    a provision specified in paragraph (2) of this subsection, or an 
    order or regulation prescribed under such a provision, to the same 
    extent that such penalties apply to a person that commits an 
    unlawful act described in section 206(a) of that Act.
        (2) Provisions specified.--The provisions specified in this 
    paragraph are the following:
            (A) Sections 211, 212, 213, and 220, subtitle A of title 
        III, and title VII.
            (B) Sections 105A and 105B of the Comprehensive Iran 
        Sanctions, Accountability, and Divestment Act of 2010, as added 
        by subtitle A of title IV.
    SEC. 602. APPLICABILITY TO CERTAIN INTELLIGENCE ACTIVITIES.
    Nothing in this Act or the amendments made by this Act shall apply 
to the authorized intelligence activities of the United States.
    SEC. 603. APPLICABILITY TO CERTAIN NATURAL GAS PROJECTS.
    (a) Exception for Certain Natural Gas Projects.--Nothing in this 
Act or the amendments made by this Act shall apply to any activity 
relating to a project--
        (1) for the development of natural gas and the construction and 
    operation of a pipeline to transport natural gas from Azerbaijan to 
    Turkey and Europe;
        (2) that provides to Turkey and countries in Europe energy 
    security and energy independence from the Government of the Russian 
    Federation and other governments with jurisdiction over persons 
    subject to sanctions imposed under this Act or amendments made by 
    this Act; and
        (3) that was initiated before the date of the enactment of this 
    Act pursuant to a production-sharing agreement, or an ancillary 
    agreement necessary to further a production-sharing agreement, 
    entered into with, or a license granted by, the government of a 
    country other than Iran before such date of enactment.
    (b) Termination of Exception.--
        (1) In general.--The exception under subsection (a) shall not 
    apply with respect to a project described in that subsection on or 
    after the date on which the President certifies to the appropriate 
    congressional committees that--
            (A) the percentage of the equity interest in the project 
        held by or on behalf of an entity described in paragraph (2) 
        has increased relative to the percentage of the equity interest 
        in the project held by or on behalf of such an entity on 
        January 1, 2002; or
            (B) an entity described in paragraph (2) has assumed an 
        operational role in the project.
        (2) Entity described.--An entity described in this paragraph 
    is--
            (A) an entity--
                (i) owned or controlled by the Government of Iran or 
            identified under section 560.304 of title 31, Code of 
            Federal Regulations (relating to the definition of the 
            Government of Iran); or
                (ii) organized under the laws of Iran or with the 
            participation or approval of the Government of Iran;
            (B) an entity owned or controlled by an entity described in 
        subparagraph (A); or
            (C) a successor entity to an entity described in 
        subparagraph (A).
    SEC. 604. RULE OF CONSTRUCTION WITH RESPECT TO USE OF FORCE AGAINST 
      IRAN AND SYRIA.
    Nothing in this Act or the amendments made by this Act shall be 
construed as a declaration of war or an authorization of the use of 
force against Iran or Syria.
    SEC. 605. TERMINATION.
    (a) In General.--The provisions of sections 211, 212, 213, 218, 
220, 221, and 501, title I, and subtitle A of title III shall terminate 
on the date that is 30 days after the date on which the President makes 
the certification described in section 401(a) of the Comprehensive Iran 
Sanctions, Accountability, and Divestment Act of 2010 (22 U.S.C. 
8551(a)).
    (b) Amendment to Termination Date of Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010.--Section 401(a)(2) of the 
Comprehensive Iran Sanctions, Accountability, and Divestment Act of 
2010 (22 U.S.C. 8551(a)(2)) is amended by inserting ``, and verifiably 
dismantled its,'' after ``development of''.

   TITLE VII--SANCTIONS WITH RESPECT TO HUMAN RIGHTS ABUSES IN SYRIA

    SEC. 701. SHORT TITLE.
    This title may be cited as the ``Syria Human Rights Accountability 
Act of 2012''.
    SEC. 702. IMPOSITION OF SANCTIONS WITH RESPECT TO CERTAIN PERSONS 
      WHO ARE RESPONSIBLE FOR OR COMPLICIT IN HUMAN RIGHTS ABUSES 
      COMMITTED AGAINST CITIZENS OF SYRIA OR THEIR FAMILY MEMBERS.
    (a) In General.--The President shall impose sanctions described in 
subsection (c) with respect to each person on the list required by 
subsection (b).
    (b) List of Persons Who Are Responsible for or Complicit in Certain 
Human Rights Abuses.--
        (1) In general.--Not later than 120 days after the date of the 
    enactment of this Act, the President shall submit to the 
    appropriate congressional committees a list of persons who are 
    officials of the Government of Syria or persons acting on behalf of 
    that Government that the President determines, based on credible 
    evidence, are responsible for or complicit in, or responsible for 
    ordering, controlling, or otherwise directing, the commission of 
    serious human rights abuses against citizens of Syria or their 
    family members, regardless of whether such abuses occurred in 
    Syria.
        (2) Updates of list.--The President shall submit to the 
    appropriate congressional committees an updated list under 
    paragraph (1)--
            (A) not later than 300 days after the date of the enactment 
        of this Act and every 180 days thereafter; and
            (B) as new information becomes available.
        (3) Form of report; public availability.--
            (A) Form.--The list required by paragraph (1) shall be 
        submitted in unclassified form but may contain a classified 
        annex.
            (B) Public availability.--The unclassified portion of the 
        list required by paragraph (1) shall be made available to the 
        public and posted on the websites of the Department of the 
        Treasury and the Department of State.
        (4) Consideration of data from other countries and 
    nongovernmental organizations.--In preparing the list required by 
    paragraph (1), the President shall consider credible data already 
    obtained by other countries and nongovernmental organizations, 
    including organizations in Syria, that monitor the human rights 
    abuses of the Government of Syria.
    (c) Sanctions Described.--The sanctions described in this 
subsection are sanctions pursuant to the International Emergency 
Economic Powers Act (50 U.S.C. 1701 et seq.), including blocking of 
property and restrictions or prohibitions on financial transactions and 
the exportation of property, subject to such regulations as the 
President may prescribe.
    SEC. 703. IMPOSITION OF SANCTIONS WITH RESPECT TO THE TRANSFER OF 
      GOODS OR TECHNOLOGIES TO SYRIA THAT ARE LIKELY TO BE USED TO 
      COMMIT HUMAN RIGHTS ABUSES.
    (a) In General.--The President shall impose sanctions described in 
section 702(c) with respect to--
        (1) each person on the list required by subsection (b); and
        (2) any person that--
            (A) is a successor entity to a person on the list;
            (B) owns or controls a person on the list, if the person 
        that owns or controls the person on the list had actual 
        knowledge or should have known that the person on the list 
        engaged in the activity described in subsection (b)(2) for 
        which the person was included in the list; or
            (C) is owned or controlled by, or under common ownership or 
        control with, the person on the list, if the person owned or 
        controlled by, or under common ownership or control with (as 
        the case may be), the person on the list knowingly engaged in 
        the activity described in subsection (b)(2) for which the 
        person was included in the list.
    (b) List.--
        (1) In general.--Not later than 120 days after the date of the 
    enactment of this Act, the President shall submit to the 
    appropriate congressional committees a list of persons that the 
    President determines have knowingly engaged in an activity 
    described in paragraph (2) on or after such date of enactment.
        (2) Activity described.--
            (A) In general.--A person engages in an activity described 
        in this paragraph if the person--
                (i) transfers, or facilitates the transfer of, goods or 
            technologies described in subparagraph (C) to Syria; or
                (ii) provides services with respect to goods or 
            technologies described in subparagraph (C) after such goods 
            or technologies are transferred to Syria.
            (B) Applicability to contracts and other agreements.--A 
        person engages in an activity described in subparagraph (A) 
        without regard to whether the activity is carried out pursuant 
        to a contract or other agreement entered into before, on, or 
        after the date of the enactment of this Act.
            (C) Goods or technologies described.--Goods or technologies 
        described in this subparagraph are goods or technologies that 
        the President determines are likely to be used by the 
        Government of Syria or any of its agencies or instrumentalities 
        to commit human rights abuses against the people of Syria, 
        including--
                (i) firearms or ammunition (as those terms are defined 
            in section 921 of title 18, United States Code), rubber 
            bullets, police batons, pepper or chemical sprays, stun 
            grenades, electroshock weapons, tear gas, water cannons, or 
            surveillance technology; or
                (ii) sensitive technology.
            (D) Sensitive technology defined.--
                (i) In general.--For purposes of subparagraph (C), the 
            term ``sensitive technology'' means hardware, software, 
            telecommunications equipment, or any other technology, that 
            the President determines is to be used specifically--

                    (I) to restrict the free flow of unbiased 
                information in Syria; or
                    (II) to disrupt, monitor, or otherwise restrict 
                speech of the people of Syria.

                (ii) Exception.--The term ``sensitive technology'' does 
            not include information or informational materials the 
            exportation of which the President does not have the 
            authority to regulate or prohibit pursuant to section 
            203(b)(3) of the International Emergency Economic Powers 
            Act (50 U.S.C. 1702(b)(3)).
        (3) Special rule to allow for termination of sanctionable 
    activity.--The President shall not be required to include a person 
    on the list required by paragraph (1) if the President certifies in 
    writing to the appropriate congressional committees that--
            (A) the person is no longer engaging in, or has taken 
        significant verifiable steps toward stopping, the activity 
        described in paragraph (2) for which the President would 
        otherwise have included the person on the list; and
            (B) the President has received reliable assurances that the 
        person will not knowingly engage in any activity described in 
        paragraph (2) in the future.
        (4) Updates of list.--The President shall submit to the 
    appropriate congressional committees an updated list under 
    paragraph (1)--
            (A) not later than 300 days after the date of the enactment 
        of this Act and every 180 days thereafter; and
            (B) as new information becomes available.
        (5) Form of report; public availability.--
            (A) Form.--The list required by paragraph (1) shall be 
        submitted in unclassified form but may contain a classified 
        annex.
            (B) Public availability.--The unclassified portion of the 
        list required by paragraph (1) shall be made available to the 
        public and posted on the websites of the Department of the 
        Treasury and the Department of State.
    SEC. 704. IMPOSITION OF SANCTIONS WITH RESPECT TO PERSONS WHO 
      ENGAGE IN CENSORSHIP OR OTHER FORMS OF REPRESSION IN SYRIA.
    (a) In General.--The President shall impose sanctions described in 
section 702(c) with respect to each person on the list required by 
subsection (b).
    (b) List of Persons Who Engage in Censorship.--
        (1) In general.--Not later than 120 days after the date of the 
    enactment of this Act, the President shall submit to the 
    appropriate congressional committees a list of persons that the 
    President determines have engaged in censorship, or activities 
    relating to censorship, in a manner that prohibits, limits, or 
    penalizes the legitimate exercise of freedom of expression by 
    citizens of Syria.
        (2) Updates of list.--The President shall submit to the 
    appropriate congressional committees an updated list under 
    paragraph (1)--
            (A) not later than 300 days after the date of the enactment 
        of this Act and every 180 days thereafter; and
            (B) as new information becomes available.
        (3) Form of report; public availability.--
            (A) Form.--The list required by paragraph (1) shall be 
        submitted in unclassified form but may contain a classified 
        annex.
            (B) Public availability.--The unclassified portion of the 
        list required by paragraph (1) shall be made available to the 
        public and posted on the websites of the Department of the 
        Treasury and the Department of State.
    SEC. 705. WAIVER.
    The President may waive the requirement to include a person on a 
list required by section 702, 703, or 704 or to impose sanctions 
pursuant to any such section if the President--
        (1) determines that such a waiver is in the national security 
    interests of the United States; and
        (2) submits to the appropriate congressional committees a 
    report on the reasons for that determination.
    SEC. 706. TERMINATION.
    (a) In General.--The provisions of this title and any sanctions 
imposed pursuant to this title shall terminate on the date on which the 
President submits to the appropriate congressional committees--
        (1) the certification described in subsection (b); and
        (2) a certification that--
            (A) the Government of Syria is democratically elected and 
        representative of the people of Syria; or
            (B) a legitimate transitional government of Syria is in 
        place.
    (b) Certification Described.--A certification described in this 
subsection is a certification by the President that the Government of 
Syria--
        (1) has unconditionally released all political prisoners;
        (2) has ceased its practices of violence, unlawful detention, 
    torture, and abuse of citizens of Syria engaged in peaceful 
    political activity;
        (3) has ceased its practice of procuring sensitive technology 
    designed to restrict the free flow of unbiased information in 
    Syria, or to disrupt, monitor, or otherwise restrict the right of 
    citizens of Syria to freedom of expression;
        (4) has ceased providing support for foreign terrorist 
    organizations and no longer allows such organizations, including 
    Hamas, Hezbollah, and Palestinian Islamic Jihad, to maintain 
    facilities in territory under the control of the Government of 
    Syria; and
        (5) has ceased the development and deployment of medium- and 
    long-range surface-to-surface ballistic missiles;
        (6) is not pursuing or engaged in the research, development, 
    acquisition, production, transfer, or deployment of biological, 
    chemical, or nuclear weapons, and has provided credible assurances 
    that it will not engage in such activities in the future; and
        (7) has agreed to allow the United Nations and other 
    international observers to verify that the Government of Syria is 
    not engaging in such activities and to assess the credibility of 
    the assurances provided by that Government.
    (c) Suspension of Sanctions After Election of Democratic 
Government.--If the President submits to the appropriate congressional 
committees the certification described in subsection (a)(2), the 
President may suspend the provisions of this title and any sanctions 
imposed under this title for not more than 180 days to allow time for a 
certification described in subsection (b) to be submitted.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.