2019 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 92 - Comprehensive Iran Sanctions, Accountability, and Divestment
Subchapter I - Sanctions
Sec. 8517 - Increased capacity for efforts to combat unlawful or terrorist financing
| 22 U.S.C. § 8517 (2019) |
| §8517. Increased capacity for efforts to combat unlawful or terrorist financing |
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(a) Findings
Congress finds the following: (1) The work of the Office of Terrorism and Financial Intelligence of the Department of the Treasury, which includes the Office of Foreign Assets Control and the Financial Crimes Enforcement Network, is critical to ensuring that the international financial system is not used for purposes of supporting terrorism and developing weapons of mass destruction. (2) The Secretary of the Treasury has designated, including most recently on June 16, 2010, various Iranian individuals and banking, military, energy, and shipping entities as proliferators of weapons of mass destruction pursuant to Executive Order 13382 (50 U.S.C. 1701 note), thereby blocking transactions subject to the jurisdiction of the United States by those individuals and entities and their supporters. (3) The Secretary of the Treasury has also identified an array of entities in the insurance, petroleum, and petrochemicals industries that the Secretary has determined to be owned or controlled by the Government of Iran and added those entities to the list contained in Appendix A to part 560 of title 31, Code of Federal Regulations (commonly known as the "Iranian Transactions Regulations"), thereby prohibiting transactions between United States persons and those entities. There are authorized to be appropriated to the Secretary of the Treasury for the Office of Terrorism and Financial Intelligence— (1) $102,613,000 for fiscal year 2011; and (2) such sums as may be necessary for each of the fiscal years 2012 and 2013. There are authorized to be appropriated to the Secretary of Commerce for the Bureau of Industry and Security of the Department of Commerce— (1) $113,000,000 for fiscal year 2011; and (2) such sums as may be necessary for each of the fiscal years 2012 and 2013. |
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(Pub. L. 111–195, title I, §109, July 1, 2010, 124 Stat. 1338.) |
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Termination of Section
For termination of section, see section 8551(a) of this title. CODIFICATIONSection is comprised of section 109 of Pub. L. 111–195. Subsec. (c) of section 109 of Pub. L. 111–195 amended section 310 of Title 31, Money and Finance. |
| United States Code, 2018 Edition, Supplement 1, Title 22 - FOREIGN RELATIONS AND INTERCOURSE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 92 - COMPREHENSIVE IRAN SANCTIONS, ACCOUNTABILITY, AND DIVESTMENT SUBCHAPTER I - SANCTIONS Sec. 8517 - Increased capacity for efforts to combat unlawful or terrorist financing |
| section 8517 |
| 2019 |
| January 24, 2020 |
| No |
| standard |
| Executive Order 13382 |
| 124 Stat. 1338 |
| Public Law 111-195 |
