Sec. 229. Notifications to Congress under Ukraine Freedom Support Act of 2014
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/bill/115/hr/3364/eh/section-229A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 4 of the Ukraine Freedom Support Act of 2014 ( 22 U.S.C. 8923 ) is amended— by redesignating subsections
(g)and
(h)as subsections
(h)and (i), respectively; by inserting after subsection
(f)the following: The President shall notify the appropriate congressional committees in writing not later than 15 days after imposing sanctions with respect to a foreign person under subsection
(a)or (b). Subject to section 216 of the Russia Sanctions Review Act of 2017, the President may terminate the imposition of sanctions under subsection (a)(2) with respect to a foreign person if the President submits to the appropriate congressional committees— a notice of and justification for the termination; and a notice that— the foreign person is not engaging in the activity that was the basis for the sanctions or has taken significant verifiable steps toward stopping the activity; and the President has received reliable assurances that the foreign person will not knowingly engage in activity subject to sanctions under subsection (a)(2) in the future. ; and in subparagraph (B)(ii) of subsection (a)(3), by striking subsection
(h)and inserting subsection
(i). Section 5 of the Ukraine Freedom Support Act of 2014 ( 22 U.S.C. 8924 ) is amended— by redesignating subsections
(e)and
(f)as subsections
(f)and (g), respectively; by inserting after subsection
(d)the following: The President shall notify the appropriate congressional committees in writing not later than 15 days after imposing sanctions with respect to a foreign financial institution under subsection
(a)or (b). ; and in subsection (g), as redesignated by paragraph (1), by striking section 4(h) and inserting section 4(i) .
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