Sec. 402. Report on Iranian nuclear and economic capabilities
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Not later than 60 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a report on the following: An estimate of the timeline for Iranian capabilities to develop nuclear weapons, including— an estimate of the period of time it would take Iran to produce enough weapons-grade uranium for a single implosion-type nuclear weapon, taking into account all known relevant technical data; an estimate of the period of time it would take Iran to produce sufficient separated plutonium for a single nuclear weapon; a description of the assumptions underlying the estimates referred to in subparagraphs
(A)and (B), and any information about developments that might alter or otherwise affect those assumptions; an estimate of the date by which the periods of time referred to in subparagraphs
(A)and
(B)will be less than 45 days; and a description of any efforts by the United States to increase the frequency of inspections by the International Atomic Energy Agency of nuclear facilities in Iran. An assessment of Iranian strategy and capabilities relating to development of nuclear weapons, including— a summary and analysis of current nuclear weapons capabilities; an estimate of the amount and sources of funding expended by, and an analysis of procurement networks utilized by, Iran to develop its nuclear weapons capabilities; a summary of the capabilities of Iran's unconventional weapons and Iran's ballistic missile forces and Iran's cruise missile forces; a detailed analysis of the effectiveness of Iran's unconventional weapons and Iran's ballistic missile forces and Iran's cruise missile forces as delivery systems for a nuclear device; a description of all efforts of Iran to design and develop a nuclear weapon, including efforts to design or fit warheads, and any other possible military dimensions of the nuclear program of Iran; and an analysis of the procurement network, including the amount and sources of funding expended by Iran on programs to develop a nuclear weapons capability. Projected economic effects of international sanctions on Iran, including— an estimate of the capital accounts, current accounts, and amounts of foreign exchange reserves (including access to foreign exchange reserves) of the Government of Iran, and other leading indicators of the status of the economy of Iran; an estimate of timelines with respect to macroeconomic viability of Iran, including the time by which the Government of Iran will exhaust its foreign exchange reserves; an estimate of the date by which the reserves of the Central Bank of Iran will be insufficient for the Government of Iran to avoid a severe balance of payments crisis that prevents it from maintaining a functioning economy, including— the inflation rate, exchange rates, unemployment rate, and budget deficits in Iran; and other leading macroeconomic indicators used by the International Monetary Fund, professional rating agencies, and other credible sources to assess the economic health of a country; a description of the assumptions underlying the estimate referred to in paragraph
(3)and an indication of how changes in each of those assumptions could affect the estimate; an assessment of the effect of sanctions imposed with respect to Iran on moving forward the date referred to in subparagraph (C); and a description of actions taken by the Government of Iran to delay the date referred to in subparagraph (C). The President shall submit to the appropriate congressional committees an update of the report required by subsection
(a)every 60 days after the date of submission of the report that includes any pertinent developments to Iranian nuclear or economic capabilities. The report required under subsection
(a)and the update required under subsection
(b)shall be submitted in unclassified form to the greatest extent possible, but may include a classified annex, if necessary. In this section: The term appropriate congressional committees means— the Committee on Foreign Affairs, 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; and the Committee on Foreign Relations, 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. The term nuclear explosive device means any device, whether assembled or disassembled, that is designed to produce an instantaneous release of an amount of nuclear energy from special nuclear material that is greater than the amount of energy that would be released from the detonation of one pound of trinitrotoluene (TNT).