,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #feje  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #bi1         
#bjbc,mr4 ,james 7= himself & ,ms4      
,pett]s57 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,f9ancial    
,s]vices1 & 9 addition to ! ,committees 
on ,=eign ,affairs1 ! ,judici>y1 &      
,ov]sight & ,acc\ntability1 = a p]iod to
 be subsequ5tly det]m9$ by ! ,speak]1 9 
ea* case = consid]ation ( su* provisions
 z fall )9 ! jurisdiction ( ! committee 
conc]n$  ,a ,,bill  ,to am5d ! ,f5tanyl 
,sanctions ,act to /r5g!n ! imposition (
 sanctions "u t ,act1 & = o!r purposes4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,f5tanyl ,r$uction ,engra9$ by        
,economic ,det]r5ce ,act or ! ,,fre$    
,act4  #b4 ,expansion ( sanctions "u !  
,f5tanyl ,sanctions ,act  7a7 ,9 g5]al  
,section #gbab ( ! ,f5tanyl ,sanctions  
,act 7#ba ,u4,s4,c4 #bcab7 is am5d$ to  
read z foll[s3  #gbab4 ,imposition (    
sanctions  7a7 ,application to =eign    
p]sons ,! ,presid5t %all impose !       

sanctions describ$ 9 section            
#gbac7;a77#f7 ) respect to any =eign    
p]son t-- 7#a7 is id5tifi$ z a =eign    
opioid traffick] 9 ! report submitt$ "u 
section #gbaa7;a72 or  7#b7 ! ,presid5t 
det]m9es-- 7,a7 kn[+ly has engag$ 91 or 
attempt$ to engage 91 an activity or    
transaction t has mat]ially contribut$  
to1 or poses a significant risk (       
mat]ially contribut+ to1 opioid         
traffick+2  7,b7 kn[+ly has receiv$ any 
prop]ty or int]e/ 9 prop]ty t ! =eign   
p]son kn[s or %\ld h kn[n-- 7i7         
con/itutes or is d]iv$ f ! proce$s ( an 
activity or transaction describ$ 9      
subp>agraph 7,a72 or  7ii7 0 us$ or     
int5d$ to be us$ to commit or to        
facilitate su* an activity or           
transaction2  7,c7 kn[+ly has provid$1  
or attempt$ to provide1 f9ancial1       
mat]ial1 or te*nological support =1     
includ+ ?r\gh ! provision ( goods or    
s]vices 9 support (-- 7i7 any activity  
or transaction describ$ 9 subp>agraph   
7,a72 or  7ii7 any =eign p]son describ$ 

9 p>agraph 7#a7 or clause 7i7 ( ?is     
subp>agraph2  7,d7 is an adult sp\se or 
o!r family memb] ( an individual        
describ$ 9 p>agraph 7#a7 or subp>agraph 
7,a71 7,b71 or 7,c7 ( ?is p>agraph2 or  
7,e7 is or has be5 own$1 controll$1 or  
direct$ by1 or has kn[+ly act$ or       
purport$ to act = or on behalf (1       
directly or indirectly1 any =eign p]son 
describ$ 9 p>agraph 7#a7 or subp>agraph 
7,a71 7,b71 or 7,c7 ( ?is p>agraph4  7b7
 ,application to ag5cies &              
in/rum5talities ( =eign /ates ,!        
,presid5t %all impose #c or m ( !       
sanctions describ$ 9 section #gbac )    
respect to-- 7#a7 ea* ag5cy or          
in/rum5tality ( a =eign /ate 7z def9$ 9 
section #afjc7;b7 ( title #bh1 ,unit$   
,/ates ,code7 t ! ,presid5t det]m9es--  
7,a7 has engag$ 91 or attempt$ to engage
 91 an activity or transaction t has    
mat]ially contribut$ to1 or poses a     
significant risk ( mat]ially contribut+ 
to1 opioid traffick+2 or  7,b7 has      
provid$1 or attempt$ to provide1        

f9ancial1 mat]ial1 or te*nological      
support =1 includ+ ?r\gh ! provision (  
goods or s]vices 9 support (1 any       
activity or transaction describ$ 9      
subp>agraph 7,a72  7#b7 ea* =eign p]son 
! ,presid5t det]m9es is a s5ior (ficial 
( an ag5cy or in/rum5tality ( a =eign   
/ate describ$ 9 p>agraph 7#a72 &  7#c7  
ea* =eign p]son t ! ,presid5t det]m9es  
is or has be5 own$1 controll$1 or       
direct$ by1 or has kn[+ly act$ or       
purport$ to act = or on behalf (1       
directly or indirectly1 an ag5cy or     
in/rum5tality ( a =eign /ate describ$ 9 
p>agraph 7#a7 or a =eign p]son describ$ 
9 p>agraph 7#b74  7c7 ,det]m9ation (    
applicability to c]ta9 =eign p]sons     
7#a7 ,9 g5]al ,! sanctions describ$ 9   
section #gbac may n apply to a =eign    
p]son describ$ 9 subsection 7a77#a77;,d7
 if ! ,presid5t det]m9es t !re is cle> &
 conv9c+ evid5ce ! p]son-- 7,a7 is no   
long] 9 contact ) ! individual describ$ 
9 p>agraph 7#a7 ( subsection 7a7 or     
subp>agraph 7,a71 7,b71 or 7,c7 (       

p>agraph 7#b7 ( t subsection2 &  7,b7   
has provid$ reliable assurances t !     
p]son w n engage 9 any conduct describ$ 
9 subsection 7a7 9 ! future4  7#b7      
,notification ,n lat] ?an #cj days aft] 
mak+ a det]m9ation "u p>agraph 7#a71 !  
,presid5t %all submit to ! appropriate  
congressional committees & lead]%ip a   
report on ! det]m9ation4  7d7 ,waiv]    
au?ority  7#a7 ,9 g5]al ,! ,presid5t may
 waive ! imposition ( sanctions "u ?is  
section1 on a case-by-case basis & = a  
p]iod n to exce$ #ahj days p] waiv]1 )  
respect to a =eign p]son or ag5cy or    
in/rum5tality ( a =eign /ate1 z ! case  
may be1 if ! ,presid5t c]tifies 9 writ+ 
to ! appropriate congressional          
committees t su* waiv] is vital to !    
national security int]e/s ( ! ,unit$    
,/ates or w\ld ensure ! deliv]y (       
humanit>ian assi/ance su* z m$ic9e1     
agricultural products1 food1 or fuel4   
7#b7 ,brief+s ,n lat] ?an #cj days aft] 
issu+ a waiv] "u p>agraph 7#a7 ) respect
 to a =eign p]son or ag5cy or           

in/rum5tality ( a =eign /ate1 & e #ahj  
days !reaft] = su* p]iod ( "t z ! waiv] 
rema9s 9 effect1 ! ,presid5t %all       
provide to ! appropriate congressional  
committees a brief+ on ! /atus ( !      
involvem5t ( ! =eign p]son or ag5cy or  
in/rum5tality ( a =eign /ate 9          
activities describ$ 9 ?is section4  4   
7b7 ,effective date ,! am5dm5t made by  
subsection 7a7 %all take effect on !    
date t is #ij days aft] ! date ( !      
enactm5t ( ?is ,act4  7c7 ,regulatory   
au?ority  7#a7 ,9 g5]al ,n lat] ?an #ahj
 days aft] ! date ( ! enactm5t ( ?is    
,act1 ! ,presid5t %all prescribe        
regulations z necess>y = ! implem5tation
 ( ! am5dm5t made by subsection 7a74    
7#b7 ,notification to ,congress ,n lat] 
?an #aj days prior to prescrib+         
regulations "u p>agraph 7#a71 !         
,presid5t %all notify ! appropriate     
congressional committees & lead]%ip 7z  
def9$ 9 section #gbjc ( ! ,f5tanyl      
,sanctions ,act 7#ba ,u4,s4,c4 #bcjb77 )
 respect to ! propos$ regulations4  #c4 

,det]m9ations ) respect to prim>y money 
laund]+ conc]n relat+ to illicit f5tanyl
 & n>cotics f9anc+ ,if ! ,secret>y ( !  
,treasury det]m9es t #a or m f9ancial   
in/itutions op]at+ outside ( ! ,unit$   
,/ates1 #a or m classes ( transactions  
)91 or involv+1 a jurisdiction outside (
 ! ,unit$ ,/ates1 or #a or m types (    
acc\nts )91 or involv+1 a jurisdiction  
outside ( ! ,unit$ ,/ates1 is ( prim>y  
money laund]+ conc]n 9 connection ) !   
f9anc+ ( illicit f5tanyl & o!r n>cotics1
 ! ,secret>y ( ! ,treasury may1 by ord]1
 regulation1 or o!rwise z p]mitt$ by    
law1 require dome/ic f9ancial           
in/itutions & dome/ic f9ancial ag5cies  
to take "o or m ( ! special measures    
describ$ 9 section #ecah;,a7b7 ( title  
#ca1 ,unit$ ,/ates ,code4  #d4 ,report  
on improv$ en=cem5t ) respect to money  
laund]+ relat+ to illicit f5tanyl &     
n>cotic drugs f9anc+  7a7 ,9 g5]al ,n   
lat] ?an "o ye> aft] ! date ( ! enactm5t
 ( ?is ,act1 ! ,secret>y ( ! ,treasury  
%all submit to appropriate congressional

 committees a report t id5tifies any    
additional regulations1 /atutory *anges1
 enhanc$ due dilig5ce requirem5ts1 or   
report+ requirem5ts ! ,secret>y det]m9es
 are necess>y to bett] id5tify1 prev5t1 
& combat money laund]+ connect$ ) !     
f9anc+ ( illicit f5tanyl & o!r n>cotic  
drugs1 includ+ relat$ to-- 7#a7 id5tify+
 ! b5eficial own]%ip ( anonym\s         
entities2 &  7#b7 enhanc$ "k-y\r-cu/om] 
proc$ures & scre5+s = transactions      
involv+ any organization id5tifi$ by !  
,secret>y z-- 7,a7 a drug c>tel or o!r  
crim9al organization bas$ 9 ,mexico2    
7,b7 a money laund]+ organization bas$ 9
 ! ,p's ,republic ( ,*9a2 or  7,c7 any  
o!r entity involv$ 9 ! f9anc+ ( illicit 
f5tanyl4  7b7 ,=m  7#a7 ,9 g5]al ,!     
report requir$ by subsection 7a7 %all be
 submitt$ 9 unclassifi$ =m1 b may       
include a classifi$ annex & be          
accompani$ by a classifi$ brief+4  7#b7 
,public availability ,! unclassifi$     
portion ( ! report requir$ by subsection
 7a7 %all be made available to ! public1

 includ+ on a publicly accessible       
int]net website ( ! ,dep>tm5t ( !       
,treasury4  7c7 ,appropriate            
congressional committees def9$ ,9 ?is   
section1 ! t]m appropriate congressional
 committees means-- 7#a7 ! ,committee on
 ,bank+1 ,h\s+1 & ,urban ,affairs & !   
,committee on ,=eign ,relations ( !     
,s5ate2 &  7#b7 ! ,committee on         
,f9ancial ,s]vices & ! ,committee on    
,=eign ,affairs ( ! ,h\se (             
,repres5tatives4  #e4 ,s5se ( ,congress 
on int]national coop]ation ,x is ! s5se 
( ,congress t ! ,secret>y ( ! ,treasury 
& o!r relevant ,f$]al (ficials %\ld "w  
jo9tly ) f9ancial intellig5ce units1    
trade transp>5cy units1 & appropriate   
law en=cem5t au?orities ( ,canada1      
,european & ,european ,union c\ntries1 &
 ! ,unit$ ,k+dom to id5tify & pres5t1 9 
! report requir$ by section #d & 9      
future analyses ( suspici\s transaction 
reports1 ca% transaction reports1       
curr5cy & monet>y in/rum5t reports1 &   
o!r relevant data to id5tify tr5ds &    

assess risks 9 ! movem5t ( illicit funds
 f illicit f5tanyl op]ations f ,mexico1 
,india1 ! ,p's ,republic ( ,*9a1 or any 
c\ntry 9 ! ,we/]n ,hemisph]e ?r\gh !    
f9ancial sy/ems ( ! ,unit$ ,/ates1 !    
,unit$ ,k+dom1 & ,europe4