No Safe Harbor Act

No Safe Harbor Act - Authorizes the President to impose specified sanctions, including economic embargo and the blocking of property in the United States, against any country (or entity where applicable) that has been determined to: (1) have repeatedly provided support for acts of international terrorism; (2) not be cooperating fully with the United States antiterrorism efforts; and (3) be otherwise aiding and abetting terrorist activity. Sets forth certain penalties for violations committed under this Act.

Authorizes the President to vest and liquidate as much of property of such country or entity that has been blocked under this Act to adequately compensate the victims of terrorist acts and their families. Authorizes the President to waive such sanctions in the U.S. national security interest.