Imposition of economic sanctions and visa restrictions with respect to facilitation and support of illicit international trade in tier II, tier III, and tier IV countries

(a) In general The President may impose the measures described in subsection (b) with respect to any foreign person that the President determines, on or after the date of the enactment of this Act and based on credible evidence— (1) has organized, arranged, financed, conducted, or participated in illicit international trade within a zone located in a country classified as a tier II, tier III, or tier IV country under section 4; (2) has acted as an agent of or on behalf of another foreign person in facilitating an action leading to illicit international trade occurring in such a zone; (3) has materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, illicit international trade occurring in such a zone; or (4) has conducted or facilitated corruption or money laundering occurring in such a zone. (b) Measures described The measures described in this subsection are the following: (1) Blocking of property The President may exercise all of the powers granted to the President under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) to the extent necessary to block and prohibit all transactions in property and interests in property of a foreign person described in subsection (a) if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person. (2) Ineligibility for visas, admission, or parole (A) Visas, admission, or parole A noncitizen described in subsection (a) is— (i) inadmissible to the United States; (ii) ineligible to receive a visa or other documentation to enter the United States; and (iii) otherwise ineligible to be admitted or paroled into the United States or to receive any other benefit under the Immigration and Nationality Act (8 U.S.C. 1101 et seq.). (B) Current visas revoked A noncitizen described in subparagraph (A) is subject to revocation and cancellation, in accordance with section 221(i) of the Immigration and Nationality Act (8 U.S.C. 1201(i)), of any visa or other entry documentation in the possession of the noncitizen, regardless of when the visa or other entry documentation is or was issued. (c) Implementation; penalties (1) Implementation The President may exercise all authorities provided under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out this section, including investigating, regulating, or prohibiting— (A) any transactions in foreign exchange by any person, or with respect to any property, subject to the jurisdiction of the United States; (B) transfers of credit or payments between, by, through, or to any banking institution, to the extent that such transfers or payments involve— (i) any interest of any foreign country or national of a foreign country; and (ii) any person, or with respect to any property, subject to the jurisdiction of the United States; and (C) the importing or exporting of currencies or securities any person, or with respect to any property, subject to the jurisdiction of the United States. (2) Penalties Any person that violates, attempts to violate, conspires to violate, or causes a violation of subsection (b)(1) or a regulation, license, or order issued to carry out that subsection shall be subject to the penalties set forth in subsections (b) and (c) of section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1705) to the same extent as a person that commits an unlawful act described in subsection (a) of that section. (d) Exception To comply with United Nations headquarters agreement and law enforcement objectives Subsection (b)(2) shall not apply with respect to a noncitizen if admitting or paroling the noncitizen into the United States— (1) would further important law enforcement objectives; or (2) is necessary to permit the United States to comply with the Agreement regarding the Headquarters of the United Nations, signed at Lake Success June 26, 1947, and entered into force November 21, 1947, between the United Nations and the United States, or other applicable international obligations of the United States. (e) Definitions In this section: (1) Admission; admitted The terms admission and admitted have the meanings given those terms in section 101 of the Immigration and Nationality Act (8 U.S.C. 1101). (2) Foreign person The term foreign person means an individual or entity that is not a United States person. (3) Noncitizen The term noncitizen means an individual who is not a citizen or national of the United States (as defined in section 101 of the Immigration and Nationality Act (8 U.S.C. 1101)). (4) United States person The term United States person means— (A) an individual who is a United States citizen or an alien lawfully admitted for permanent residence to the United States; or (B) an entity organized under the laws of the United States or any jurisdiction within the United States, including a foreign branch of such an entity.