; and (ii) in subparagraph (C), by striking (other than an Iranian financial institution described in subsection (b)) ; (B) by striking subsection (b); and (C) by redesignating subsections (c), (d), and (e) as subsections (b), (c), and (d), respectively. (2) Conforming amendment Section 1253(c) of the Iran Freedom and Counter-Proliferation Act of 2012 ( 22 U.S.C. 8809(c) ) is amended by striking 1246(e) and inserting 1246(d) . 204. Authorization of imposition of terrorism-related sanctions with respect to Iranian financial institutions (a) In general The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8501 et seq.) is amended by inserting after section 104A the following: 104B. Authorization of imposition of terrorism-related sanctions with respect to Iranian financial institutions (a) In general The President may impose the sanctions described in subsection (b) with respect to an Iranian financial institution and any foreign person that is an official, agent, or affiliate of an Iranian financial institution. (b) Sanctions described The sanctions described in this subsection are sanctions applicable with respect to a foreign person pursuant to Executive Order No. 13224 ( 50 U.S.C. 1701 note; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism). (c) Iranian financial institution defined In this section, the term Iranian financial institution has the meaning given that term in section 104A(d)(3). . (b) Clerical amendment The table of contents for the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 ( 22 U.S.C. 8501 et seq.) is amended by inserting after the item relating to section 104A the following: Sec. 104B. Authorization of imposition of terrorism-related sanctions with respect to Iranian financial institutions. . III Sanctions with respect to the development and use of Iranian digital currency 301. Definitions In this title: (1) Correspondent account