22 U.S.C. § 8517 — Increased capacity for efforts to combat

Page 2088 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 8515 Executive Documents DELEGATION OF FUNCTIONS For delegation of certain functions and authorities vested in the President by this section, see Memo- randum of President of the United States, June 3, 2013, 78 F.R. 35545, set out as a note under section 8801 of this title. § 8515. Prohibition on procurement contracts with persons that export sensitive tech- nology to Iran (a) In general Except as provided in subsection (b), and pur- suant to such regulations as the President may prescribe, the head of an executive agency may not enter into or renew a contract, on or after the date that is 90 days after July 1, 2010, for the procurement of goods or services with a person that exports sensitive technology to Iran. (b) Authorization to exempt certain products The President is authorized to exempt from the prohibition under subsection (a) only eligi- ble products, as defined in section 2518(4) of title 19, of any foreign country or instrumentality designated under section 2511(b) of title 19. (c) Sensitive technology defined (1) In general The term ‘‘sensitive technology’’ means hardware, software, telecommunications equipment, or any other technology, that the President determines is to be used specifi- cally— (A) to restrict the free flow of unbiased in- formation in Iran; or (B) to disrupt, monitor, or otherwise re- strict speech of the people of Iran. (2) Exception The term ‘‘sensitive technology’’ does not include information or informational mate- rials the exportation of which the President does not have the authority to regulate or pro- hibit pursuant to section 1702(b)(3) of title 50. (d) Government Accountability Office report on effect of procurement prohibition Not later than 1 year after July 1, 2010, the Comptroller General of the United States shall submit to the appropriate congressional com- mittees, the Committee on Armed Services of the Senate, and the Committee on Armed Serv- ices of the House of Representatives, a report as- sessing the extent to which executive agencies would have entered into or renewed contracts for the procurement of goods or services with persons that export sensitive technology to Iran if the prohibition under subsection (a) were not in effect. (Pub. L. 111–195, title I, § 106, July 1, 2010, 124 Stat. 1336.) TERMINATION OF SECTION For termination of section, see section 8551(a) of this title. Executive Documents DELEGATION OF FUNCTIONS For delegation of functions of President under this section, see Memorandum of President of the United States, Sept. 23, 2010, 75 F.R. 67025, set out as a note under section 8501 of this title. § 8516. Authority to implement United Nations Security Council resolutions imposing sanc- tions with respect to Iran In addition to any other authority of the President with respect to implementing resolu- tions of the United Nations Security Council, the President may prescribe such regulations as may be necessary to implement a resolution that is agreed to by the United Nations Security Council and imposes sanctions with respect to Iran. (Pub. L. 111–195, title I, § 108, July 1, 2010, 124 Stat. 1337.) TERMINATION OF SECTION For termination of section, see section 8551(a) of this title. § 8517. Increased capacity for efforts to combat unlawful or terrorist financing (a) Findings Congress finds the following: (1) The work of the Office of Terrorism and Financial Intelligence of the Department of the Treasury, which includes the Office of For- eign Assets Control and the Financial Crimes Enforcement Network, is critical to ensuring that the international financial system is not used for purposes of supporting terrorism and developing weapons of mass destruction. (2) The Secretary of the Treasury has des- ignated, including most recently on June 16, 2010, various Iranian individuals and banking, military, energy, and shipping entities as proliferators of weapons of mass destruction pursuant to Executive Order 13382 (50 U.S.C. 1701 note), thereby blocking transactions sub- ject to the jurisdiction of the United States by those individuals and entities and their sup- porters. (3) The Secretary of the Treasury has also identified an array of entities in the insur- ance, petroleum, and petrochemicals indus- tries that the Secretary has determined to be owned or controlled by the Government of Iran and added those entities to the list con- tained in Appendix A to part 560 of title 31, Code of Federal Regulations (commonly known as the ‘‘Iranian Transactions Regula- tions’’), thereby prohibiting transactions be- tween United States persons and those enti- ties. (b) Authorization of appropriations for Office of Terrorism and Financial Intelligence There are authorized to be appropriated to the Secretary of the Treasury for the Office of Ter- rorism and Financial Intelligence— (1) $102,613,000 for fiscal year 2011; and (2) such sums as may be necessary for each of the fiscal years 2012 and 2013. (c) Omitted (d) Authorization of appropriations for Bureau of Industry and Security of the Department of Commerce There are authorized to be appropriated to the Secretary of Commerce for the Bureau of Indus- Page 2089 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 8519 try and Security of the Department of Com- merce— (1) $113,000,000 for fiscal year 2011; and (2) such sums as may be necessary for each of the fiscal years 2012 and 2013. (Pub. L. 111–195, title I, § 109, July 1, 2010, 124 Stat. 1338.) TERMINATION OF SECTION For termination of section, see section 8551(a) of this title. Editorial Notes CODIFICATION Section is comprised of section 109 of Pub. L. 111–195. Subsec. (c) of section 109 of Pub. L. 111–195 amended section 310 of Title 31, Money and Finance. § 8518. Reports on investments in the energy sec- tor of Iran (a) Initial report (1) In general Not later than 90 days after July 1, 2010, the President shall submit to the appropriate con- gressional committees a report— (A) on investments in the energy sector of Iran that were made during the period de- scribed in paragraph (2); and (B) that contains— (i) an estimate of the volume of energy- related resources (other than refined pe- troleum), including ethanol, that Iran im- ported during the period described in para- graph (2); and (ii) a list of all significant known en- ergy-related joint ventures, investments, and partnerships located outside Iran that involve Iranian entities in partnership with entities from other countries, includ- ing an identification of the entities from other countries; and (iii) an estimate of— (I) the total value of each such joint venture, investment, and partnership; and (II) the percentage of each such joint venture, investment, and partnership owned by an Iranian entity. (2) Period described The period described in this paragraph is the period beginning on January 1, 2006, and end- ing on the date that is 60 days after July 1, 2010. (b) Updated reports Not later than 180 days after submitting the report required by subsection (a), and every 180 days thereafter, the President shall submit to the appropriate congressional committees a re- port, 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 sub- mitted by this section, that— (1) contains the matters required in the re- port under subsection (a)(1); and (2) identifies— (A) the volume of crude oil and refined pe- troleum 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 de- scribed in subparagraph (A), the countries with primary jurisdiction over those per- sons, and the countries in which those prod- ucts were refined; (C) the sources of financing for imports to Iran of crude oil and refined petroleum prod- ucts described in subparagraph (A); and (D) the involvement of foreign persons in efforts to assist Iran in— (i) developing upstream oil and gas pro- duction capacity; (ii) importing advanced technology to upgrade existing Iranian refineries; (iii) converting existing chemical plants to petroleum refineries; or (iv) maintaining, upgrading, or expand- ing existing refineries or constructing new refineries. (Pub. L. 111–195, title I, § 110, July 1, 2010, 124 Stat. 1338; Pub. L. 112–158, title II, § 224, Aug. 10, 2012, 126 Stat. 1240.) TERMINATION OF SECTION For termination of section, see section 8551(a) of this title. Editorial Notes AMENDMENTS 2012—Subsec. (b). Pub. L. 112–158 substituted ‘‘a re- port, 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—’’ for ‘‘a report containing the matters required in the report under subsection (a)(1) for the 180-day pe- riod beginning on the date that is 30 days before the date on which the preceding report was required to be submitted by this section.’’ and added pars. (1) and (2). Executive Documents DELEGATION OF FUNCTIONS Functions of President under this section delegated to Secretary of State, see Memorandum of President of the United States, Sept. 23, 2010, 75 F.R. 67025, set out as a note under section 8501 of this title. § 8519. Reports on certain activities of foreign ex- port credit agencies and of the Export-Im- port Bank of the United States (a) Report on certain activities of export credit agencies of foreign countries (1) In general Not later than 90 days after July 1, 2010, the President shall submit to the appropriate con- gressional committees a report on any activ- ity of an export credit agency of a foreign country that is an activity comparable to an activity described in subsection (a) or (b) of section 5 of the Iran Sanctions Act of 1996, as amended by section 102 of this Act. (2) Updates The President shall update the report re- quired by paragraph (1) as new information be- comes available with respect to the activities of export credit agencies of foreign countries. (b) Report on certain financing by the Export- Import Bank of the United States Not later than 30 days (or, in extraordinary circumstances, not later than 15 days) before the