REPORT ON EFFECTS OF ECONOMIC SANCTIONS BY UNITED STATES.

SEC. 717. REPORT ON EFFECTS OF ECONOMIC SANCTIONS BY UNITED STATES. (a) Report.—Not later than 180 days after the date of the enactment of this Act, the Director of National Intelligence, in consultation with the Assistant Secretary of the Treasury for Intelligence and Analysis, shall submit to the appropriate congressional committees a report on the effects of economic sanctions imposed by the United States. (b) Matters Included.—The report under subsection (a) shall— (1) cover entities, individuals, and governments that the Director, in consultation with the Assistant Secretary of the Treasury for Intelligence and Analysis, determines appropriate as case studies for the purposes of the report, including with respect to China and Iran; and (2) include— (A) an assessment of whether economic sanctions imposed by the United States on entities, individuals, or governments have constrained, modified, or otherwise affected the ability of the individuals, entities, or governments to continue the activities for which they were sanctioned; and (B) an assessment of the effectiveness of imposing additional sanctions. (c) Form.—The report under subsection (a) may be submitted in classified form, but if so submitted shall include an unclassified executive summary. (d) Appropriate Congressional Committees Defined.—In this section, the term “appropriate congressional committees” means— (1) the congressional intelligence committees; (2) the Subcommittees on Financial Services and General Government of the Committees on Appropriations of the House of Representatives and the Senate; (3) the Committee on Foreign Affairs and the Committee on Energy and Commerce of the House of Representatives; and (4) the Committee on Foreign Relations and the Committee on Commerce, Science, and Transportation of the Senate.