Termination of Exception

Statutory Text

(b) Termination of Exception.--

(1) In general.--The exception under subsection (a) shall not apply with respect to a project described in that subsection on or after the date on which the President certifies to the appropriate congressional committees that--

(A) the percentage of the equity interest in the project held by or on behalf of an entity described in paragraph (2) has increased relative to the percentage of the equity interest in the project held by or on behalf of such an entity on January 1, 2002; or

(B) an entity described in paragraph (2) has assumed an operational role in the project.

(2) Entity described.--An entity described in this paragraph is--

(A) an entity--

(i) owned or controlled by the Government of Iran or identified under section 560.304 of title 31, Code of Federal Regulations (relating to the definition of the Government of Iran); or

(ii) organized under the laws of Iran or with the participation or approval of the Government of Iran;

(B) an entity owned or controlled by an entity described in subparagraph (A); or

(C) a successor entity to an entity described in subparagraph (A).

Verbatim from the enrolled law as published by GovInfo; margin notes and page markers omitted. Pub. L. 112-158 on GovInfo · PDF · text fetched Oct. 17, 2026

How the Date Is Worked Out

1. Enacted Aug. 10, 2012 (Pub. L. 112-158).
2. The provision states no deadline, so none is shown.

Delivery Status

Not publicly verifiable

Public Evidence

• No public document located that shows delivery.

Evidence Searched

• GovInfo Congressionally Mandated Reports collection: 1,209 packages listed; titles searched for Middle East terms; 55 State, Defense, Treasury and executive-office summaries checked for citations to Pub. L. 112-158 (0 found) (Oct. 17, 2026)
• Federal Register API: phrase “Iran Threat Reduction and Syria Human Rights Act”: 60 document titles searched (Oct. 17, 2026)
• MEF hand review: evidence.json, items with a link and a note on what the document shows (Oct. 17, 2026)

A status of “Reported late by GAO, committee or agency” appears only with a linked GAO, committee or agency statement. Reports sent only to committees, or in classified form, leave no public trace; their absence here is not evidence of a missed deadline.

Review

• Machine-extracted by rule from the public law text; awaiting named human review.