Sec. 3. Imposition of sanctions related to Nord Stream 2

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Not later than 10 days after the date of the enactment of this Act, the President shall impose sanctions under subsection (b)(1) with respect to— any entity responsible for planning, construction, maintenance, technical assistance, engineering assistance, financing, or operation of the Nord Stream 2 pipeline or a successor entity; and any other corporate officer of or principal shareholder with a controlling interest in an entity described in paragraph (1). The sanctions described in this subsection are the following:

The President shall exercise all of the powers granted to the President under the International Emergency Economic Powers Act ( 50 U.S.C. 1701 et seq. ) to the extent necessary to block and prohibit all transactions in property and interests in property of the foreign person 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. An alien who the Secretary of State or the Secretary of Homeland Security (or a designee of one of such Secretaries) knows, or has reason to believe, has knowingly engaged in any activity described in subsection

(a)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 issuing consular officer, the Secretary of State, or the Secretary of Homeland Security (or a designee of one of such Secretaries) shall, in accordance with section 221(i) of the Immigration and Nationality Act ( 8 U.S.C. 1201(i) ), revoke any visa or other entry documentation issued to an alien described in clause

(i)regardless of when the visa or other entry documentation is issued. A revocation under subclause

(I)shall take effect immediately and shall automatically cancel any other valid visa or entry documentation that is in the alien’s possession. The sanctions described under paragraph (1)(B) shall not apply with respect to an alien if admitting or paroling the alien into the United States 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, or other applicable international obligations. Sanctions under paragraph

(1)shall not apply to any authorized intelligence, law enforcement, or national security activities of the United States. Notwithstanding any other provision of this section, the authorities and requirements to impose sanctions under this section shall not include the authority or a requirement to impose sanctions on the importation of goods. In this subparagraph, the term good means any article, natural or man-made substance, material, supply or manufactured product, including inspection and test equipment, and excluding technical data. The penalties provided for in subsections

(b)and

(c)of section 206 of the International Emergency Economic Powers Act ( 50 U.S.C. 1705 ) shall apply to a person that violates, attempts to violate, conspires to violate, or causes a violation of regulations promulgated to carry out this section or the sanctions imposed pursuant to this section to the same extent that such penalties apply to a person that commits an unlawful act described in section 206(a) of that 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) for purposes of carrying out this section. The President shall, not later than 10 days after the date of the enactment of this Act, promulgate regulations as necessary for the implementation of this section. Section 7503 of the Protecting Europe’s Energy Security Act of 2019 (title LXXV of Public Law 116–92 ; 22 U.S.C. 9526 note) is amended— in subsection (a)(1)(C), by striking subsection

(i)and inserting subsection

(h); by striking subsection (f); by redesignating subsections

(g)through

(k)as subsections

(f)through (j), respectively; and in subsection (i), as redesignated by paragraph (3), by striking subsection

(h)and inserting subsection

(g).

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