Page:United States Statutes at Large Volume 124.djvu/1343

124 STAT. 1317 PUBLIC LAW 111–195—JULY 1, 2010 section 14 of the Iran Sanctions Act of 1996 (Public Law 104– 172; 50 U.S.C. 1701 note)). (6) KNOWINGLY.—The term ‘‘knowingly’’, with respect to conduct, a circumstance, or a result, means that a person has actual knowledge, or should have known, of the conduct, the circumstance, or the result. (7) MEDICAL DEVICE.—The term ‘‘medical device’’ has the meaning given the term ‘‘device’’ in section 201 of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321). (8) MEDICINE.—The term ‘‘medicine’’ has the meaning given the term ‘‘drug’’ in section 201 of the Federal Food, Drug, and Cosmetic Act (21 U.S.C. 321). (9) STATE.—The term ‘‘State’’ means each of the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, the United States Virgin Islands, and any other territory or possession of the United States. (10) UNITED STATES PERSON.—The term ‘‘United States per- son’’ means— (A) a natural person who is a citizen or resident of the United States or a national of the United States (as defined in section 101(a) of the Immigration and Nation- ality Act (8 U.S.C. 1101(a)); and (B) an entity that is organized under the laws of the United States or any State. SEC. 102. EXPANSION OF SANCTIONS UNDER THE IRAN SANCTIONS ACT OF 1996. (a) IN GENERAL.—Section 5 of the Iran Sanctions Act of 1996 (Public Law 104–172; 50 U.S.C. 1701 note) is amended— (1) by striking subsection (a) and inserting the following: ‘‘(a) SANCTIONS WITH RESPECT TO THE DEVELOPMENT OF PETRO- LEUM RESOURCES OF IRAN, PRODUCTION OF REFINED PETROLEUM PRODUCTS IN IRAN, AND EXPORTATION OF REFINED PETROLEUM PRODUCTS TO IRAN.— ‘‘(1) DEVELOPMENT OF PETROLEUM RESOURCES OF IRAN.— ‘‘(A) IN GENERAL.—Except as provided in subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010— ‘‘(i) makes an investment described in subpara- graph (B) of $20,000,000 or more; or ‘‘(ii) makes a combination of investments described in subparagraph (B) in a 12-month period if each such investment is of at least $5,000,000 and such invest- ments equal or exceed $20,000,000 in the aggregate. ‘‘(B) INVESTMENT DESCRIBED.—An investment described in this subparagraph is an investment that directly and significantly contributes to the enhancement of Iran’s ability to develop petroleum resources. ‘‘(2) PRODUCTION OF REFINED PETROLEUM PRODUCTS.— ‘‘(A) IN GENERAL.—Except as provided in subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly, on or President. Determinations.