; and (iii) by striking the President may and inserting the President shall ; and (C) in paragraph (2)— (i) in the matter preceding subparagraph (A), by striking section 104(c)(2)(E)(ii) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513(c)(2)(E)(ii) ) and inserting that paragraph ; and (ii) in subparagraph (A)(ii)(I), by striking section 104(c)(2)(E)(ii) of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8513(c)(2)(E)(ii) ) and inserting paragraph (1) ; and (4) by adding at the end the following: (e) Joint Comprehensive Plan of Action defined In this section, the term Joint Comprehensive Plan of Action means the Joint Comprehensive Plan of Action agreed to at Vienna on July 14, 2015, by Iran and by France, Germany, the Russian Federation, the People’s Republic of China, the United Kingdom, and the United States, and all implementing materials and agreements related to the Joint Comprehensive Plan of Action. . (b) Clerical amendment The table of contents for the Iran Threat Reduction and Syria Human Rights Act of 2012 is amended by striking the item relating to section 220 and inserting the following: Sec. 220. Reports on, and imposition of sanctions with respect to, the provision of specialized financial messaging services to the Central Bank of Iran and other sanctioned Iranian financial institutions. . II New sanctions authorities with respect to Iranian banks 201. Findings Congress finds the following: (1) On May 8, 2018, the President issued National Security Presidential Memorandum 11 entitled Ceasing United States Participation in the Joint Comprehensive Plan of Action and Taking Additional Action to Counter Iran’s Malign Influence and Deny Iran All Paths to a Nuclear Weapon , that— (A) established that it is in the national interest of the United States to re-impose sanctions lifted or waived in connection with the JCPOA as expeditiously as possible