Page:United States Statutes at Large Volume 124.djvu/1364

124 STAT. 1338 PUBLIC LAW 111–195—JULY 1, 2010 the President may prescribe such regulations as may be necessary to implement a resolution that is agreed to by the United Nations Security Council and imposes sanctions with respect to Iran. SEC. 109. INCREASED CAPACITY FOR EFFORTS TO COMBAT UNLAWFUL OR TERRORIST FINANCING. (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 inter- national 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 Execu- tive Order 13382 (50 U.S.C. 1701 note), thereby blocking trans- actions 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 petrochemi- cals industries that the Secretary has determined to be owned or controlled by the Government of Iran and added those enti- ties to the list contained in Appendix A to part 560 of title 31, Code of Federal Regulations (commonly known as the ‘‘Ira- nian Transactions Regulations’’), thereby prohibiting trans- actions between United States persons and those entities. (b) AUTHORIZATION OF APPROPRIATIONS FOR OFFICE OF TER- RORISM AND FINANCIAL INTELLIGENCE.—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. (c) AUTHORIZATION OF APPROPRIATIONS FOR THE FINANCIAL CRIMES ENFORCEMENT NETWORK.—Section 310(d)(1) of title 31, United States Code, is amended by striking ‘‘such sums as may be necessary for fiscal years 2002, 2003, 2004, and 2005’’ and inserting ‘‘$100,419,000 for fiscal year 2011 and such sums as may be necessary for each of the fiscal years 2012 and 2013’’. (d) AUTHORIZATION OF APPROPRIATIONS FOR BUREAU OF INDUSTRY AND SECURITY OF THE DEPARTMENT OF COMMERCE.— There are authorized to be appropriated to the Secretary of Com- merce 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. SEC. 110. REPORTS ON INVESTMENTS IN THE ENERGY SECTOR OF IRAN. (a) INITIAL REPORT.— (1) IN GENERAL.—Not later than 90 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a report— President. 22 USC 8518. 22 USC 8517.