Title 22 — Foreign Relations and Intercourse
Chapter 92 — Comprehensive Iran Sanctions, Accountability, and Divestment
§ 8564. Report and imposition of sanctions with respect to foreign financial institutions conducting significant transactions with persons responsible for or complicit in abuses toward dissidents on behalf of the Government of Iran
Statutory text
Report required
Not earlier than 30 days and not later than 60 days after the Secretary of State submits to the appropriate congressional committees a report required by section 8563(a) of this title, the Secretary of the Treasury, in consultation with the Secretary of State, shall submit to the appropriate congressional committees a report that identifies any foreign financial institution that knowingly conducts a significant transaction with a foreign person identified in the report submitted under section 8563(a) of this title on or after the date on which the foreign person is identified in that report.
Imposition of sanctions
The Secretary of the Treasury may prohibit the opening, or prohibit or impose strict conditions on the maintaining, in the United States of a correspondent account or a payable-through account by a foreign financial institution identified under subsection (a).
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Department of Justice Appropriations Act, 2023
Pub. L. 117–328 div. AA title II § 205 · 136 Stat. 4459
Enacted · 22 U.S.C. § 8564
(Pub. L. 117–328, div. AA, title II, § 205, Dec. 29, 2022, 136 Stat. 5535.)
Source evidence
Code source credit
(Pub. L. 117–328, div. AA, title II, § 205, Dec. 29, 2022, 136 Stat. 5535.)Enacted provision · exact public law section
Sec. 205. Not to exceed 5 percent of any appropriation made available for the current fiscal year for the Department of Justice in this Act may be transferred between such appropriations, but no such appropriation, except as otherwise specifically provided, shall be increased by more than 10 percent by any such transfers: Provided, That any transfer pursuant to this section shall be treated as a reprogramming of funds under section 505 of this Act and shall not be available for obligation except in compliance with the procedures set forth in that section: Provided further, That this section shall not apply to the following— (1) paragraph 1(Q) under the heading “State and Local Law Enforcement Assistance”; and (2) paragraph (7) under the heading “Community Oriented Policing Services Programs”.
1 of 1 references resolved to an enrolled provision
Editorial Notes
Codification
Section was enacted as part of the Masih Alinejad Harassment and Unlawful Targeting Act of 2022, also known as the Masih Alinejad HUNT Act of 2022, and not as part of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 which comprises this chapter.
Credits
(Pub. L. 117–328, div. AA, title II, § 205, , 136 Stat. 5535.)