Report on international efforts to freeze and seize Iranian assets

(a) Sense of congress It is the sense of Congress that the Secretary of State, the Secretary of the Treasury, and the Attorney General should, to the extent practicable— (1) carry out a coordinated international effort to find, restrain, freeze, and where appropriate and legally authorized, seize, confiscate or forfeit the assets of those individuals and entities that have been sanctioned in connection with Iran’s malign activities, including hostage-taking, wrongful detention, and human rights violations; and (2) work with foreign governments— (A) to share intelligence of financial investigations, as appropriate; (B) to oversee the assets identified pursuant to paragraph (1); and (C) to provide technical assistance to help governments establish the necessary legal framework to carry out asset forfeitures. (b) Report Not later than 180 days after the date of the enactment of this Act, and annually thereafter for 3 years, the President shall submit to the appropriate congressional committees a report on actions described in subsection (a).