SEC. 301. Rule of Construction.
Nothing in this Act or any amendment made by this Act shall apply to the authorized intelligence activities of the United States.
Title III — Miscellaneous Provisions
TITLE III Miscellaneous Provisions
SEC. 302. Regulatory Authority.
In General.— The President shall, not later than 120 days after the date of the enactment of this Act, promulgate regulations as necessary for the implementation of this Act and the amendments made by this Act.
Notification to Congress.— Not less than 10 days before the promulgation of regulations under subsection (a), the President shall notify the appropriate congressional committees of the proposed regulations and the provisions of this Act and the amendments made by this Act that the regulations are implementing.
Appropriate Congressional Committees Defined.— In this section, the term “appropriate congressional committees” means—
the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives; and
the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate.
SEC. 303. Termination.
This Act shall terminate on the date that is 30 days after the date on which the President certifies to Congress that Hizballah—
is no longer designated as a foreign terrorist organization pursuant to section 219 of the Immigration and Nationality Act (8 U.S.C. 1189); and
is no longer designated for the imposition of sanctions pursuant to Executive Order 13224 (50 U.S.C. 1701 note; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism).