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22 U.S.C. § 8924 — Sanctions on Russian and other foreign fi-

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 8924 — Sanctions on Russian and other foreign fi-

Page 2170 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 8924 The motion is not subject to a motion to postpone. A motion to reconsider the vote by which the mo- tion is agreed to or disagreed to shall not be in order. If a motion to proceed to the consideration of the joint resolution of disapproval is agreed to, the joint resolution shall remain the unfinished busi- ness until disposed of. ‘‘(D) DEBATE.—Debate on the joint resolution of disapproval, and on all debatable motions and ap- peals in connection therewith, shall be limited to not more than 10 hours, which shall be divided equally between the majority and minority leaders or their designees. A motion to further limit debate is in order and not debatable. An amendment to, or a motion to postpone, or a motion to proceed to the consideration of other business, or a motion to re- commit the joint resolution of disapproval is not in order. ‘‘(E) VOTE ON PASSAGE.—The vote on passage shall occur immediately following the conclusion of the debate on the joint resolution of disapproval and a single quorum call at the conclusion of the debate, if requested in accordance with the rules of the Senate. ‘‘(F) RULES OF THE CHAIR ON PROCEDURE.—Appeals from the decisions of the Chair relating to the ap- plication of the rules of the Senate, as the case may be, to the procedure relating to the joint resolution of disapproval shall be decided without debate. ‘‘(G) CONSIDERATION OF VETO MESSAGES.—Debate in the Senate of any veto message with respect to the joint resolution of disapproval, including all de- batable motions and appeals in connection with such joint resolution, shall be limited to 10 hours, to be equally divided between, and controlled by, the majority leader and the minority leader or t

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Stable record: federal_law:legal_authorities:usc2024-ebbf584048e763d25f6ea367
Source file: Laws/federal/codes/united-states-code-2024/title-22/section-8924-sanctions-on-russian-and-other-foreign-fi--1e18bbbad3.md
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Source location: USCODE-2024-title22-chap96A-sec8924.pdf

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Page 2170 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 8924 The motion is not subject to a motion to postpone. A motion to reconsider the vote by which the mo- tion is agreed to or disagreed to shall not be in order. If a motion to proceed to the consideration of the joint resolution of disapproval is agreed to, the joint resolution shall remain the unfinished busi- ness until disposed of. ‘‘(D) DEBATE.—Debate on the joint resolution of disapproval, and on all debatable motions and ap- peals in connection therewith, shall be limited to not more than 10 hours, which shall be divided equally between the majority and minority leaders or their designees. A motion to further limit debate is in order and not debatable. An amendment to, or a motion to postpone, or a motion to proceed to the consideration of other business, or a motion to re- commit the joint resolution of disapproval is not in order. ‘‘(E) VOTE ON PASSAGE.—The vote on passage shall occur immediately following the conclusion of the debate on the joint resolution of disapproval and a single quorum call at the conclusion of the debate, if requested in accordance with the rules of the Senate. ‘‘(F) RULES OF THE CHAIR ON PROCEDURE.—Appeals from the decisions of the Chair relating to the ap- plication of the rules of the Senate, as the case may be, to the procedure relating to the joint resolution of disapproval shall be decided without debate. ‘‘(G) CONSIDERATION OF VETO MESSAGES.—Debate in the Senate of any veto message with respect to the joint resolution of disapproval, including all de- batable motions and appeals in connection with such joint resolution, shall be limited to 10 hours, to be equally divided between, and controlled by, the majority leader and the minority leader or their designees. ‘‘(6) PROCEDURES IN THE SENATE.—Except as other- wise provided in this subsection, the following proce- dures shall apply in the Senate to a joint resolution of disapproval: ‘‘(A) Except as provided in subparagraph (B), a joint resolution of disapproval that has passed the House of Representatives shall, when received in the Senate, be referred to the Committee on Fi- nance for consideration in accordance with this subsection. ‘‘(B) If a joint resolution of disapproval was intro- duced in the Senate before receipt of a joint resolu- tion of disapproval that has passed the House of Representatives, the joint resolution from the House of Representatives shall, when received in the Senate, be placed on the calendar. If this sub- paragraph applies, the procedures in the Senate with respect to a joint resolution of disapproval in- troduced in the Senate that contains the identical matter as the joint resolution of disapproval that passed the House of Representatives shall be the same as if no joint resolution of disapproval had been received from the House of Representatives, except that the vote on passage in the Senate shall be on the joint resolution of disapproval that passed the House of Representatives. ‘‘(7) RULES OF THE HOUSE OF REPRESENTATIVES AND THE SENATE.—This subsection is enacted by Con- gress— ‘‘(A) as an exercise of the rulemaking power of the Senate and the House of Representatives, re- spectively, and as such is deemed a part of the rules of each House, respectively, but applicable only with respect to the procedure to be followed in that House in the case of a joint resolution of dis- approval, and supersedes other rules only to the ex- tent that it is inconsistent with such rules; and ‘‘(B) with full recognition of the constitutional right of either House to change the rules (so far as relating to the procedure of that House) at any time, in the same manner, and to the same extent as in the case of any other rule of that House.’’ § 8924. Sanctions on Russian and other foreign fi- nancial institutions (a) Facilitation of certain defense- and energy-re- lated transactions The President shall impose, unless the Presi- dent determines that it is not in the national in- terest of the United States to do so, the sanction described in subsection (c) with respect to a for- eign financial institution that the President de- termines knowingly engages, on or after August 2, 2017, in significant transactions involving ac- tivities described in subparagraph (A)(ii) or (B) of section 8923(a)(2) of this title or paragraph (1) or (3) of section 8923(b) of this title for persons with respect to which sanctions are imposed under section 8923 of this title. (b) Facilitation of financial transactions on be- half of specially designated nationals The President shall impose, unless the Presi- dent determines that it is not in the national in- terest of the United States to do so, the sanction described in subsection (c) with respect to a for- eign financial institution if the President deter- mines that the foreign financial institution has, on or after the date that is 30 days after August 2, 2017, knowingly facilitated a significant finan- cial transaction on behalf of any Russian person included on the list of specially designated na- tionals and blocked persons maintained by the Office of Foreign Assets Control of the Depart- ment of the Treasury, pursuant to— (1) this chapter; (2) Executive Order No. 13660 (79 Fed. Reg. 13,493), 13661 (79 Fed. Reg. 15,535), or 13662 (79 Fed. Reg. 16,169); or (3) any other Executive order addressing the crisis in Ukraine. (c) Sanction described The sanction described in this subsection is, with respect to a foreign financial institution, a prohibition on the opening, and a prohibition or the imposition of strict conditions on the main- taining, in the United States of a correspondent account or a payable-through account by the foreign financial institution. (d) National security waiver The President may waive the application of sanctions under this section with respect to a foreign financial institution if the President— (1) determines that the waiver is in the na- tional security interest of the United States; and (2) submits to the appropriate congressional committees a report on the determination and the reasons for the determination. (e) Notification to Congress on imposition of sanctions The President shall notify the appropriate congressional committees in writing not later than 15 days after imposing sanctions with re- spect to a foreign financial institution under subsection (a) or (b). (f) Implementation; penalties (1) Implementation The President may exercise all authorities provided under sections 1702 and 1704 of title 50 to carry out the purposes of this section. Page 2171 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 8925 (2) Penalties The penalties provided for in subsections (b) and (c) of section 1705 of title 50 shall apply to a person that violates, attempts to violate, or conspires to violate, or causes a violation of, subsection (a) or (b) of this section, or an order or regulation prescribed under either such sub- section, to the same extent that such penalties apply to a person that commits an unlawful act described in section 1705(a) of title 50. (g) Termination This section, and sanctions imposed under this section, shall terminate on the date on which the President submits to the appropriate con- gressional committees the certification de- scribed in section 8923(i) of this title. (Pub. L. 113–272, § 5, Dec. 18, 2014, 128 Stat. 2958; Pub. L. 115–44, title II, §§ 226, 229(b), Aug. 2, 2017, 131 Stat. 910, 915.) TERMINATION OF SECTION For termination of section, see subsection (g) of this section. Editorial Notes REFERENCES IN TEXT Executive Order No. 13660, referred to in subsec. (b)(2), is Ex. Ord. No. 13660, Mar. 6, 2014, 79 F.R. 13493, which is listed in a table under section 1701 of Title 50, War and National Defense. Executive Order No. 13661, referred to in subsec. (b)(2), is Ex. Ord. No. 13661, Mar. 16, 2014, 79 F.R. 15535, which is listed in a table under section 1701 of Title 50, War and National Defense. Executive Order No. 13662, referred to in subsec. (b)(2), is Ex. Ord. No. 13662, Mar. 20, 2014, 79 F.R. 16169, which is listed in a table under section 1701 of Title 50, War and National Defense. AMENDMENTS 2017—Subsec. (a). Pub. L. 115–44, § 226(1), substituted ‘‘shall impose, unless the President determines that it is not in the national interest of the United States to do so,’’ for ‘‘may impose’’ and ‘‘on or after August 2, 2017’’ for ‘‘on or after December 18, 2014’’. Subsec. (b). Pub. L. 115–44, § 226(2), in introductory provisions, substituted ‘‘shall impose, unless the Presi- dent determines that it is not in the national interest of the United States to do so,’’ for ‘‘may impose’’ and ‘‘on or after the date that is 30 days after August 2, 2017’’ for ‘‘on or after the date that is 180 days after De- cember 18, 2014’’. Subsecs. (e), (f). Pub. L. 115–44, § 229(b)(1), (2), added subsec. (e) and redesignated former subsec. (e) as (f). Former subsec. (f) redesignated (g). Subsec. (g). Pub. L. 115–44, § 229(b)(1), (3), redesignated subsec. (f) as (g) and substituted ‘‘section 8923(i)’’ for ‘‘section 8923(h)’’. § 8925. Increased military assistance for the Gov- ernment of Ukraine (a) In general The President is authorized to provide defense articles, defense services, and training to the Government of Ukraine for the purpose of coun- tering offensive weapons and reestablishing the sovereignty and territorial integrity of Ukraine, including anti-tank and anti-armor weapons, crew weapons and ammunition, counter-artil- lery radars to identify and target artillery bat- teries, fire control, range finder, and optical and guidance and control equipment, tactical troop- operated surveillance drones, and secure com- mand and communications equipment, pursuant to the provisions of the Arms Export Control Act (22 U.S.C. 2751 et seq.), the Foreign Assist- ance Act of 1961 (22 U.S.C. 2151 et seq.), and other relevant provisions of law. (b) Report required Not later than 60 days after December 18, 2014, the President shall submit a report detailing the anticipated defense articles, defense services, and training to be provided pursuant to this sec- tion and a timeline for the provision of such de- fense articles, defense services, and training, to— (1) the Committee on Foreign Relations, the Committee on Appropriations, and the Com- mittee on Armed Services of the Senate; and (2) the Committee on Foreign Affairs, the Committee on Appropriations, and the Com- mittee on Armed Services of the House of Rep- resentatives. (c) Authorization of appropriations (1) In general There are authorized to be appropriated to the Secretary of State $100,000,000 for fiscal year 2015, $125,000,000 for fiscal year 2016, and $125,000,000 for fiscal year 2017 to carry out ac- tivities under this section. (2) Availability of amounts Amounts authorized to be appropriated pur- suant to paragraph (1) shall remain available for obligation and expenditure through the end of fiscal year 2018. (d) Authority for the use of funds The funds made available pursuant to sub- section (c) for provision of defense articles, de- fense services, and training may be used to pro- cure such articles, services, and training from the United States Government or other appro- priate sources. (e) Protection of civilians It is the sense of Congress that the Govern- ment of Ukraine should take all appropriate steps to protect civilians. (Pub. L. 113–272, § 6, Dec. 18, 2014, 128 Stat. 2959.) Editorial Notes REFERENCES IN TEXT The Arms Export Control Act, referred to in sub- sec.(a), is Pub. L. 90–629, Oct. 22, 1968, 82 Stat. 1320, which is classified principally to chapter 39 (§ 2751 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under sec- tion 2751 of this title and Tables. The Foreign Assistance Act of 1961, referred to in sub- sec. (a), is Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424, which is classified principally to chapter 32 (§ 2151 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under sec- tion 2151 of this title and Tables. Executive Documents DELEGATION OF AUTHORITY UNDER THE UKRAINE FREEDOM SUPPORT ACT OF 2014 Memorandum of President of the United States, Feb. 19, 2015, 80 F.R. 12071, provided:

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2151 — Congressional findings and declaration of policy

(a) United States development cooperation policy

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2151 — Congressional findings and declaration of

Page 532 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2151 Sec. 2394a. Extortion and illegal payments to offi- cials of foreign countries receiving international security assistance. 2394b. HELP Commission. 2394c. Information on covered United States foreign assistance programs. 2395. General authorities. 2395a. International agreements concerning debt relief; transmittal to congres- sional committees. 2396. Availability of funds. 2396a. Property Management Fund. 2396b. USAID Buying Power Maintenance Ac- count. 2397. Administrative expenses. 2398. Assistance to countries pursuant to other statutes. 2399 to 2399a. Repealed or Transferred. 2399b. False claims and ineligible commodities. 2399c. Coordination of policies and programs. 2399d. Shipping differential. PART III—MISCELLANEOUS PROVISIONS 2401. Effective date; identification of pro- grams. 2402. Saving provisions. 2403. Definitions. 2404. Unexpended balances. 2405. Separability. 2406. Development programs for dependable fuel supplies. 2407. Special authorization for use of foreign currencies. 2408. Repealed. 2409. Use of United States Armed Forces. 2410, 2410a. Repealed. 2411. Limitation upon exercise of special au- thorities. 2412. Limitation on foreign assistance appro- priations. 2413. Changes in allocation of foreign assist- ance. 2414. Presidential findings and determina- tions. 2414a. Annual report to Congress on voting practices at United Nations. 2415. Annual military assistance report. 2416. Annual foreign military training report. 2417 to 2419. Repealed. 2420. Police training prohibition. 2421. Trade and Development Agency. 2421a. Capital projects office within Agency for International Development. 2421b. Capital projects for

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2751 — Need for international defense cooperation and military export controls; Presidential waiver; report to Congress; arms sales policy

As declared by the Congress in the Arms Control and Disarmament Act [[22 U.S.C. 2551](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2551&num=0&edition=prelim) et seq.], an ultimate goal of the United States continues to be a world which is free from the scourge of war and the dangers and burdens of armaments; in which the use of force has been subordinated to the rule of law; and in which international adjustments to a changing world are achieved peacefully. In furtherance of that goal, it remains the policy of the United States to encourage regional arms control and disarmament agreements and to discourage arms races.

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2751 — Need for international defense coopera-

Page 1185 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2751 Sec. 2762. Procurement for cash sales. 2763. Credit sales. 2764. Guaranties. 2765. Annual estimate and justification for sales program. 2766. Security assistance surveys. 2767. Authority of President to enter into co- operative projects with friendly for- eign countries. 2767a, 2768. Repealed. SUBCHAPTER II–A—FOREIGN MILITARY CONSTRUCTION SALES 2769. Foreign military construction sales. SUBCHAPTER II–B—SALES TO UNITED STATES COMPANIES FOR INCORPORATION INTO END ITEMS 2770. General authority. SUBCHAPTER II–C—EXCHANGE OF TRAINING AND RELATED SUPPORT 2770a. Exchange of training and related sup- port. SUBCHAPTER III—MILITARY EXPORT CONTROLS 2771. Military sales authorizations and ceil- ings. 2772. Repealed. 2773. Restraint in arms sales to Sub-Saharan Africa. 2774. Foreign military sales credit standards. 2775. Foreign military sales to less developed countries. 2776. Reports and certifications to Congress on military exports. 2776a. Repealed. 2777. Fiscal provisions relating to foreign military sales credits. 2778. Control of arms exports and imports. 2778a. Exportation of uranium depleted in the isotope 235. 2779. Fees of military sales agents. 2779a. Prohibition on incentive payments. 2780. Transactions with countries supporting acts of international terrorism. 2781. Transactions with countries not fully co- operating with United States antiterrorism efforts. SUBCHAPTER III–A—END-USE MONITORING OF DEFENSE ARTICLES AND DEFENSE SERVICES 2785. End-use monitoring of defense articles and defense services. SUBCHAPTER IV—GENERAL, ADMINISTRATIVE, AND MISCELLANEOUS PROVISIONS 2791. General provisions. 2792. Administrative expenses. 2793. Othe

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 8924 — Sanctions on Russian and other foreign financial institutions

**(a) Facilitation of certain defense- and energy-related transactions** The President shall impose, unless the President determines that it is not in the national interest of the United States to do so, the sanction described in subsection (c) with respect to a foreign financial institution that the President determines knowingly engages, on or after August 2, 2017, in significant transactions involving activities described in subparagraph (A)(ii) or (B) of [section 8923(a)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section8923/a/2&num=0&edition=prelim) or paragraph (1) or (3) of [section 8923(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section8923/b&num=0&edition=prelim) for persons with respect to which sanctions are imposed under [section 8923 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section8923&num=0&edition=prelim). **(b) Facilitation of financial transactions on behalf of specially designated nationals** The President shall impose, unless the President determines that it is not in the national interest of the United States to do so, the sanction described in subsection (c) with respect to a foreign financial institution if the President determines that the foreign financial institution has, on or after the date that is 30 days after August 2, 2017, knowingly facilitated a significant financial transaction on behalf of any Russian person included on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury, pursuant to— (1) this chapter; (2) Executive Order No. 13660 (79 Fed. Reg. 13,493), 13661 (79 Fed. Reg. 15,535), or 13662 (79 Fed. Reg. 16,1

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