Confiscation of the assets of the Government of Iran and puppet terrorist organizations

(a) In general The President shall— (1) confiscate, through instructions or licenses or in such other manner as the President determines appropriate, funds of the Government of Iran and all agents or instrumentalities of the Government of Iran that are subject to the jurisdiction of the United States; and (2) deposit funds confiscated under paragraph (1) in the general fund of the Treasury to be used for purposes described in subsection (c). (b) Vesting All right, title, and interest in funds confiscated under subsection (a) shall vest in the Government of the United States. (c) Purposes Funding may be provided to provide maximum support to persons and entities within Iran which are working for a transition to a democratic government based upon human rights and rule of law. To the extent practicable, funding must be provided to persons and entities with transparent measurable results, including through providing detailed annual information on expenditures and outcomes. In particular, funding may be provided to: (1) Establish a strikers fund to provide assistance to vetted Iranians engaged in nonviolent strikes and other forms of nonviolent opposition to the regime in Iran done in a way which does not materially benefit the regime in Iran. (2) Providing humanitarian assistance and medical supplies to the people of Iran delivered through partners that uphold internationally recognized humanitarian principles with robust monitoring to ensure assistance is reaching intended beneficiaries in a way which does not materially benefit the regime in Iran. (3) Establish a fund to support efforts to document and publicize gross violations of internationally recognized human rights and international humanitarian law in Iran, including efforts related to extrajudicial killings, torture, severe forms of trafficking in persons such as slavery, forced labor, and sexual exploitation, and to hold perpetrators accountable. (4) The funding of efforts of the task force to promote internet freedom in Iran described in section 3(a) of this Act. (d) Audit The Comptroller of the United States, and the Inspector Generals of the Department of State, Department of Treasury, and USAID shall report to Congress annually after engaging in annual audits of funds expended based upon subsection(c), including whether or not the regime in Iran materially benefitted from any expenditure of funds. If the Comptroller of the United States, or any of the Inspector Generals, determine that the regime in Iran has benefited from any expenditure such expenditures must be immediately terminated, and any recommendations to prevent future diversion of funds must be immediately implemented.