; (B) by striking (B) submits and inserting (ii) submits ; (C) by striking (i) identifies and inserting (I) identifies ; (D) by striking (ii) sets and inserting (II) sets ; (E) by striking the period at the end and inserting ; and ; and (F) by adding at the end the following: (B) with respect to a foreign person identified by reason of having conducted or attempted to conduct one or more sensitive transactions or activities described in subsection (c)(5), also certifies to the appropriate congressional committees that Iran’s Revolutionary Guard Corps is significantly decreasing provision of direct or indirect material support to the Government of Syria or Hezbollah’s operations in Syria. ; and (2) in paragraph (2), by striking paragraph (1)(B) and inserting paragraph (1)(A)(ii) . (e) Regulations, implementation, penalties, and definitions Section 301 of the Iran Threat Reduction and Syria Human Rights Act of 2012 ( 22 U.S.C. 8741 ) is amended— (1) by redesignating subsection (f) as subsection (h); and (2) by inserting after subsection (e) the following new subsections: (f) Penalties A person that violates, attempts to violate, conspires to violate, or causes a violation of subsection (a) or any regulation, license, or order issued to carry out subsection (a) shall be subject to the penalties set forth in subsections (b) and (c) of section 206 of the International Emergency Economic Powers Act ( 50 U.S.C. 1705 ) to the same extent as a person that commits an unlawful act described in subsection (a) of that section. (g) Definitions In this section: (1) Foreign person The term foreign person means— (A) an individual who is not a United States person; (B) a corporation, partnership, or other nongovernmental entity which is not a United States person