Sec. 6122. Sanctions with respect to foreign persons threatening the peace or stability of Libya
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The President shall impose each of the sanctions described in section 6124 with respect to each foreign person on the list required by subsection (b). Not later than 180 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a list of— foreign persons, including senior government officials, militia leaders, paramilitary leaders, and other persons who provide significant support to militia or paramilitary groups in Libya, that the President determines are knowingly— engaged in significant actions or policies that threaten the peace, security, or stability of Libya, including any supply of significant arms or related materiel in violation of a United Nations Security Council resolution on Libya; engaged in significant actions or policies that obstruct, undermine, delay, or impede, or pose a significant risk of obstructing, undermining, delaying, or impeding the United Nations-mediated political processes that seek a negotiated and peaceful solution to the Libyan crisis, including a consensual constitutional basis that would lead to credible presidential and parliamentary elections as soon as possible and ongoing maintenance of the October 2020 ceasefire; engaged in significant actions that may lead to or result in the misappropriation of significant state assets of Libya; involved in the significant illicit exploitation of crude oil or any other natural resources in Libya, including the significant illicit production, disruption of production, refining, brokering, sale, purchase, or export of Libyan oil; significantly threatening or coercing Libyan state financial institutions or disrupting the operations of the Libyan National Oil Company; or significantly responsible for actions or policies that are intended to undermine efforts to maintain peace and promote stabilization and economic recovery in Libya; foreign persons who the President determines are successor entities to persons designated for engaging in activities described in subparagraphs
(A)through
(F)of paragraph (1); and The President shall submit to the appropriate congressional committees an updated list under subsection (b)— not later than 180 days after the date of the enactment of this Act and annually thereafter for a period of 5 years; or as new information becomes available. The list required by subsection
(b)shall be submitted in unclassified form, but may include a classified annex. In this section, the term appropriate congressional committees means— the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate.