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Code · BILL · 116th Congress · S. 482 (Reported in Senate) — To strengthen the North Atlantic Treaty Organization, to combat international cybercrime, and to impose additional sa... · Sec. 604

Sec. 604. Conforming and technical amendments

558 words·~3 min read·/bill/116/s/482/rs/section-604

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Part 2 of subtitle A of title II of the Countering America’s Adversaries Through Sanctions Act ( 22 U.S.C. 9521 et seq.), as amended by sections 602 and 603, is further amended by inserting after section 239F the following: The President may exercise all authorities provided to the President under sections 203 and 205 of the International Emergency Economic Powers Act ( 50 U.S.C. 1702 and 1704) to carry out this part. A person that violates, attempts to violate, conspires to violate, or causes a violation of this part or any regulation, license, or order issued to carry out this part shall be subject to the penalties set forth in subsections
(b)and
(c)of section 206 of the International Emergency Economic Powers Act ( 50 U.S.C. 1705 ) to the same extent as a person that commits an unlawful act described in subsection
(a)of that section. . Section 221 of the Countering America's Adversaries Through Sanctions Act ( 22 U.S.C. 9521 ) is amended— by redesignating paragraph
(6)as paragraph (7); and by inserting after paragraph
(5)the following: The term Russian financial institution means— a financial institution organized under the laws of the Russian Federation or any jurisdiction within the Russian Federation, including a foreign branch of such an institution; a financial institution located in the Russian Federation; a financial institution, wherever located, owned or controlled by the Government of the Russian Federation; and a financial institution, wherever located, owned or controlled by a financial institution described in subparagraph (A), (B), or (C). . The table of contents for the Countering America's Adversaries Through Sanctions Act is amended by striking the items relating to sections 235 through 238 and inserting the following: Sec. 235. Sanctions with respect to transactions with certain Russian political figures and oligarchs. Sec. 236. Sanctions with respect to transactions with the cyber sector of the Russian Federation. Sec. 237. Sanctions with respect to transactions related to investments in Russian liquefied natural gas export facilities. Sec. 238. Prohibition on transactions relating to new sovereign debt of the Russian Federation. Sec. 239. Sanctions with respect to Russian financial institutions that support interference in democratic processes or elections. Sec. 239A. Sanctions with respect to transactions related to investments in energy projects supported by Russian state-owned or parastatal entities outside of the Russian Federation. Sec. 239B. Sanctions with respect to support for the development of crude oil resources in the Russian Federation. Sec. 239C. Sanctions with respect to Russian detention of 24 Ukrainian naval personnel on and after November 25, 2018. Sec. 239D. Sanctions for violations by the Russian Federation of freedom of navigation. Sec. 239E. Sanctions described. Sec. 239F. Exceptions, waiver, and termination. Sec. 239G. Implementation and penalties. Sec. 239H. Exception relating to activities of the National Aeronautics and Space Administration. Sec. 239I. Rule of construction. . Part 2 of subtitle A of title II of the Countering America's Adversaries Through Sanctions Act ( 22 U.S.C. 9521 et seq.), as amended by this section, is further amended— in section 231, by striking subsection (e); and by striking section 235 each place it appears and inserting section 239E . The President shall, in a prompt and timely way, publish guidance on the implementation of this subtitle and the amendments made by this subtitle and any regulations prescribed pursuant to this subtitle or any such amendment.
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Sec. 604
Conforming and technical amendments
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