Multilateral Leadership Act
This bill prohibits the President from exercising authorities under the International Emergency Economic Powers Act to regulate or prohibit financial transactions of United Nations programs, funds, agencies, or entities, or to block the property of persons working for the United Nations and its related organizations.
To prohibit the exercise of authorities under the International 
 Emergency Economic Powers Act with respect to the United Nations and 
                         related organizations.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Multilateral Leadership Act''.

SEC. 2. PROHIBITION ON EXERCISE OF AUTHORITIES UNDER THE INTERNATIONAL 
              EMERGENCY ECONOMIC POWERS ACT WITH RESPECT TO THE UNITED 
              NATIONS AND RELATED ORGANIZATIONS.

    (a) In General.--Section 203 of the International Emergency 
Economic Powers Act (50 U.S.C. 1702) is amended--
            (1) by redesignating subsection (c) as subsection (d); and
            (2) by inserting after subsection (b) the following:
    ``(c) United Nations and Related Organizations.--
            ``(1) In general.--The authority granted to the President 
        by this section does not include the authority--
                    ``(A) to regulate or prohibit, directly or 
                indirectly, transactions involving an organization 
                described in paragraph (2); or
                    ``(B) to block the property or property interests 
                of a person, including by adding such person to the 
                list of specially designated nationals and blocked 
                persons or imposing any similar restriction, for 
                actions taken in such person's capacity as an official 
                or expert on mission of an organization described in 
                paragraph (2).
            ``(2) Organization described.--An organization described in 
        this paragraph is--
                    ``(A) the United Nations or any program, fund, 
                specialized agency, or other entity or body of the 
                United Nations; or
                    ``(B) an international organization that has 
                entered into a relationship agreement with the United 
                Nations.
            ``(3) Definitions.--In this subsection--
                    ``(A) the term `expert on mission' means an 
                individual who is considered an expert on mission under 
                the Convention on Privileges and Immunities of the 
                United Nations; and
                    ``(B) the term `list of specially designated 
                nationals and blocked persons' means the list of 
                specially designated nationals and blocked persons 
                maintained by the Office of Foreign Assets Control of 
                the Department of the Treasury.''.
    (b) Effective Date.--The amendments made by this section take 
effect on the date of the enactment of this Act and apply with respect 
to the exercise of the authority granted to the President by section 
203 of the International Emergency Economic Powers Act (50 U.S.C. 1702) 
on or after such date of enactment.
                                 <all>
Multilateral Leadership Act
To prohibit the exercise of authorities under the International Emergency Economic Powers Act with respect to the United Nations and related organizations.
Multilateral Leadership Act
Rep. Castro, Joaquin