Sec. 301. Imposition of sanctions with respect to Nord Stream 2

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Not later than 15 days after the date of the enactment of this Act, the President shall— impose sanctions under subsection

(b)with respect to any corporate officer of an entity established for or responsible for the planning, construction, or operation of the Nord Stream 2 pipeline or a successor entity; and impose sanctions under subsection

(c)with respect to any entity described in paragraph (1). An alien described in subsection (a)(1) is— inadmissible to the United States; ineligible to receive a visa or other documentation to enter the United States; and otherwise ineligible to be admitted or paroled into the United States or to receive any other benefit under the Immigration and Nationality Act ( 8 U.S.C. 1101 et seq. ). The visa or other entry documentation of an alien described in subsection (a)(1) shall be revoked, regardless of when such visa or other entry documentation is or was issued. A revocation under clause

(i)shall— take effect immediately; and automatically cancel any other valid visa or entry documentation that is in the alien’s possession. The President shall exercise all powers granted to the President by the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ) to the extent necessary to block and prohibit all transactions in all property and interests in property of an entity described in subsection (a)(1) if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person. Sanctions under this section shall not apply with respect to law enforcement activities, activities subject to the reporting requirements under title V of the National Security Act of 1947 ( 50 U.S.C. 2091 et seq. ) or any authorized intelligence activities of the United States. Sanctions under this section shall not apply with respect to the admission of an alien to the United States if the admission of the alien is necessary to permit the United States to comply with the Agreement regarding the Headquarters of the United Nations, signed at Lake Success June 26, 1947, and entered into force November 21, 1947, between the United Nations and the United States, the Convention on Consular Relations, done at Vienna April 24, 1963, and entered into force March 19, 1967, or other applicable international obligations. Subject to paragraph (2), the President may waive the application of sanctions under this section if the President— determines that the waiver is in the national security interest of the United States; and submits to the appropriate committees of Congress a report on the waiver and the reason for the waiver. The provisions of subsections

(b)and

(c)of section 216 of the Countering America’s Adversaries Through Sanctions Act ( 22 U.S.C. 9511 ) shall apply with respect to a waiver of the application of sanctions under this section to the same extent and in the same manner as such provisions apply with respect to a proposed action described in subsection

(a)of section 216 of such Act. 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 section. A person that violates, attempts to violate, conspires to violate, or causes a violation of this section or any regulation, license, or order issued to carry out this section 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. The authority to impose sanctions under this section shall terminate on the date that is 5 years after the date of the enactment of this Act. In this section: The terms admission , admitted , and alien have the meanings given those terms in section 101 of the Immigration and Nationality Act ( 8 U.S.C. 1101 ). The term appropriate committees of Congress means— the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate; and the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives. The term United States person means— a United States citizen or an alien lawfully admitted for permanent residence to the United States; an entity organized under the laws of the United States or any jurisdiction within the United States, including a foreign branch of such an entity; or any person within the United States.

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Sec. 301

Imposition of sanctions with respect to Nord Stream 2

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