Sec. 229. Notifications to Congress under Ukraine Freedom Support Act of 2014
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/bill/115/s/722/es/section-229·A 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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