PRIA, Government Policy, Made Personal

Summary

Defines key words used in this chapter. "Account", "correspondent account", and "payable-through account" use the meanings in section 5318A of title 31. "Appropriate congressional committees" means the Senate Committee on Foreign Relations and the Senate Committee on Banking, Housing, and Urban Affairs, and the House Committee on Foreign Affairs and the House Committee on Financial Services. "Defense article", "defense service", and "training" use the meanings in section 2794 of this title. "Financial institution" means the types listed in subparagraphs (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (M), or (Z) of section 5312(a)(2) of title 31. "Foreign financial institution" uses the meaning in 31 C.F.R. §561.308, or any similar regulation or ruling. "Foreign person" means anyone who is not a U.S. citizen, not a lawful permanent resident, and not an entity organized under U.S. law. "Knowingly" means having actual knowledge or that a person should have known. "Russian person" means a Russian citizen or national, or an entity formed under Russian law. "Special Russian crude oil project" means a project to get crude oil from Russia's exclusive economic zone where the water is more than 500 feet deep, from Russian Arctic offshore sites, or from shale formations in Russia.

Title 22, §8921

Foreign Relations and Intercourse, Source: USLM XML via OLRC

In this chapter:

(1)Account; correspondent account; payable-through account

The terms “account”, “correspondent account”, and “payable-through account” have the meanings given those terms in section 5318A of title 31.

(2)Appropriate congressional committees

The term “appropriate congressional committees” means—

(A)the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate; and

(B)the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives.

(3)Defense article; defense service; training

The terms “defense article”, “defense service”, and “training” have the meanings given those terms in section 2794 of this title.

(4)Financial institution

The term “financial institution” means a financial institution specified in subparagraph (A), (B), (C), (D), (E), (F), (G), (H), (I), (J), (M), or (Z) of section 5312(a)(2) of title 31.

(5)Foreign financial institution

The term “foreign financial institution” has the meaning given that term in section 561.308 of title 31, Code of Federal Regulations (or any corresponding similar regulation or ruling).

(6)Foreign person

The term “foreign person” means any individual or entity that is not a United States citizen, a permanent resident alien, or an entity organized under the laws of the United States or any jurisdiction within the United States.

(7)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.

(8)Russian person

The term “Russian person” means—

(A)an individual who is a citizen or national of the Russian Federation; or

(B)an entity organized under the laws of the Russian Federation.

(9)Special Russian crude oil project

The term “special Russian crude oil project” means a project intended to extract crude oil from—

(A)the exclusive economic zone of the Russian Federation in waters more than 500 feet deep;

(B)Russian Arctic offshore locations; or

(C)shale formations located in the Russian Federation.

Notes & Related Subsidiaries

Editorial Notes

Amendments

2021—Par. (4). Pub. L. 116–283 substituted “(Z)” for “(Y)”.

Statutory Notes and Related Subsidiaries

Short Title

Pub. L. 113–272, § 1(a), Dec. 18, 2014, 128 Stat. 2952, provided that: “This Act [enacting this chapter] may be cited as the ‘Ukraine Freedom Support Act of 2014’.”

§8921 Definitions