Section 1 Short title
This Act may be cited as the “Multilateral Leadership Act”.
Multilateral Leadership Act
A BILL
To prohibit the exercise of authorities under the International Emergency Economic Powers Act with respect to the United Nations and related organizations.
Sec. 2 Prohibition on exercise of authorities under the International Emergency Economic Powers Act with respect to the United Nations and related organizations
In general— Section 203 of the International Emergency Economic Powers Act (50 U.S.C. 1702) is amended—
by redesignating subsection (c) as subsection (d); and
by inserting after subsection (b) the following:
“(c) United Nations and related organizations
“(1) In general—The authority granted to the President by this section does not include the authority—
“(A) to regulate or prohibit, directly or indirectly, transactions involving an organization described in paragraph (2); or
“(B) to block the property or property interests of a person, including by adding such person to the list of specially designated nationals and blocked persons or imposing any similar restriction, for actions taken in such person’s capacity as an official or expert on mission of an organization described in paragraph (2).
“(2) Organization described—An organization described in this paragraph is—
“(A) the United Nations or any program, fund, specialized agency, or other entity or body of the United Nations; or
“(B) an international organization that has entered into a relationship agreement with the United Nations.
“(3) Definitions—In this subsection—
“(A) the term “expert on mission” means an individual who is considered an expert on mission under the Convention on Privileges and Immunities of the United Nations; and
“(B) the term “list of specially designated nationals and blocked persons” means the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury.”
Effective date— The amendments made by this section take effect on the date of the enactment of this Act and apply with respect to the exercise of the authority granted to the President by section 203 of the International Emergency Economic Powers Act (50 U.S.C. 1702) on or after such date of enactment.