Page:United States Statutes at Large Volume 124.djvu/1367

 124 STAT. 1341 PUBLIC LAW 111–195—JULY 1, 2010 (1) in general, effective multilateral sanctions are pref- erable to unilateral sanctions in order to achieve desired results from countries such as Iran; and (2) the President should continue to work with allies of the United States to impose such sanctions as may be necessary to prevent the Government of Iran from acquiring a nuclear weapons capability. SEC. 115. REPORT ON PROVIDING COMPENSATION FOR VICTIMS OF INTERNATIONAL TERRORISM. Not later than 180 days after the date of the enactment of this Act, the President shall submit to the appropriate congressional committees a report on equitable methods for providing compensa- tion on a comprehensive basis to victims of acts of international terrorism who are citizens or residents of the United States or nationals of the United States (as defined in section 101(a) of the Immigration and Nationality Act (8 U.S.C. 1101(a)). TITLE II—DIVESTMENT FROM CERTAIN COMPANIES THAT INVEST IN IRAN SEC. 201. DEFINITIONS. In this title: (1) ENERGY SECTOR OF IRAN.—The term ‘‘energy sector of Iran’’ refers to activities to develop petroleum or natural gas resources or nuclear power in Iran. (2) FINANCIAL INSTITUTION.—The term ‘‘financial institu- tion’’ has the meaning given that term in section 14 of the Iran Sanctions Act of 1996 (Public Law 104–172; 50 U.S.C. 1701 note). (3) IRAN.—The term ‘‘Iran’’ includes the Government of Iran and any agency or instrumentality of Iran. (4) PERSON.—The term ‘‘person’’ means— (A) a natural person, corporation, company, business association, partnership, society, trust, or any other non- governmental entity, organization, or group; (B) any governmental entity or instrumentality of a government, including a multilateral development institu- tion (as defined in section 1701(c)(3) of the International Financial Institutions Act (22 U.S.C. 262r(c)(3))); and (C) any successor, subunit, parent entity, or subsidiary of, or any entity under common ownership or control with, any entity described in subparagraph (A) or (B). (5) STATE.—The term ‘‘State’’ means each of the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, Guam, the United States Virgin Islands, and any other territory or possession of the United States. (6) STATE OR LOCAL GOVERNMENT.—The term ‘‘State or local government’’ includes— (A) any State and any agency or instrumentality thereof; (B) any local government within a State, and any agency or instrumentality thereof; (C) any other governmental instrumentality of a State or locality; and 22 USC 8531.