,,ii  #aai? ,,congress  #a/ ,session    
,s4 #bfgj  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,augu/ #a1 #bjbe,mr4   
,scott ( ,florida introduc$ ! foll[+    
bill2 :i* 0 read twice & ref]r$ to !    
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs  ,a ,,bill  ,to require !      
,secret>y ( ! ,treasury to designate    
c]ta9 cov]$ organizations z ,=eign      
,f9ancial ,?reat ,organizations1 & = o!r
 purposes4  #a4 ,%ort title ,?is ,act   
may be cit$ z ! ,/r5g!n+ ,t>get+ (      
,organiz$ ,pr$atory ,scamm]s ,act or !  
,,/op ,scamm]s ,act4  #b4 ,designation (
 ,=eign ,f9ancial ,?reat ,organizations 
7a7 ,designation ,! ,secret>y ( !       
,treasury %all designate cov]$          
organizations z ,=eign ,f9ancial ,?reat 
,organizations4 ,! ,secret>y %all make !
 fir/ ( su* designations n lat] ?an #ij 
days aft] ! date ( ! enactm5t ( ?is     
,act4  7b7 ,proc$ure  7#a7 ,notice ,be=e
 mak+ a designation "u ?is section1 !   
,secret>y %all notify1 9 writ+1 !       
,speak] & ! ,m9ority ,lead] ( ! ,h\se ( 

,repres5tatives1 ! ,presid5t pro        
tempore1 ! ,majority ,lead]1 & !        
,m9ority ,lead] ( ! ,s5ate1 & ! memb]s (
 ! relevant committees ( ,congress ( !  
int5t to designate an organization "u   
?is section z a ,=eign ,f9ancial ,?reat 
,organization & ! factual basis = su*   
designation4  7#b7 ,publication 9 ,f$]al
 ,regi/] ,! ,secret>y %all publi% a     
designation made "u ?is section 9 !     
,f$]al ,regi/] n lat] ?an #g days aft]  
provid+ ! notification "u p>agraph 7#a74
  7#c7 ,freez+ ( assets ,^u notification
 "u p>agraph 7#a71 ! ,secret>y may      
require ,unit$ ,/ates f9ancial          
in/itutions possess+ or controll+ any   
assets ( a ,=eign ,f9ancial ,?reat      
,organization to block all f9ancial     
transactions involv+ ^? asset until     
fur!r direction f ! ,secret>y ( !       
,treasury1 an ,act ( ,congress1 or an   
ord] ( a c\rt4  7#d7 ,effect (          
designation ,a ,=eign ,f9ancial ,?reat  
,organization %all be subject to ! same 
p5alties & proc$ures z an organization t

 has be5 designat$ z a specially        
designat$ global t]rori/ organization by
 ! ,secret>y ( ,/ate or ! ,secret>y ( ! 
,treasury1 z ! case may be1 pursuant to 
,executive ,ord] #acbbd 7#ej ,u4,s4,c4  
#agja note2 relat+ to block+ prop]ty &  
prohibit+ transactions ) p]sons :o      
commit1 ?reat5 to commit1 or support    
t]rorism74  7c7 ,en=cem5t ,! ,f$]al     
,gov]nm5t may take su* actions z        
necess>y aga9/ a ,=eign ,f9ancial ,?reat
 ,organization to protect ! cyb]security
 ( ! ,unit$ ,/ates & limit ! ability ( !
 ,=eign ,f9ancial ,?reat ,organization  
to access int]net or cellul> s]vices4   
7d7 ,prohibition on contact ,! ,secret>y
 ( ! ,treasury %all take su* actions z  
may be necess>y to prev5t a ,=eign      
,f9ancial ,?reat ,organization f        
contact+ ,unit$ ,/ates citiz5s or ali5s 
:o are lawful p]man5t resid5ts ( !      
,unit$ ,/ates by phone1 int]net1 or     
email4  7e7 ,report  7#a7 ,9 g5]al ,n   
lat] ?an #b ye>s aft] ! date ( !        
enactm5t ( ?is ,act1 & annually !reaft]1

 ! ,secret>y ( ! ,treasury %all submit  
to ! appropriate congressional          
committees a report on ! implem5tation (
 ?is ,act4  7#b7 ,cont5ts ,a report     
requir$ by p>agraph 7#a7 %all include1 =
 ! p]iod cov]$ by ! report-- 7,a7 an    
id5tification ( cov]$ organizations t h 
be5 designat$ z ,=eign ,f9ancial ,?reat 
,organizations2  7,b7 ! am\nt ( assets  
seiz$ f su* ,=eign ,f9ancial ,?reat     
,organizations2  7,c7 ! actions tak5 by 
! ,secret>y to id5tify su* ,=eign       
,f9ancial ,?reat ,organizations2 &  7,d7
 ! am\nt ( funds ! ,secret>y 0 able to  
return to victims ( fraud by su* ,=eign 
,f9ancial ,?reat ,organizations4  7#c7  
,public availability ,! ,secret>y %all  
make publicly available a v]sion ( ea*  
report requir$ by p>agraph 7#a7 t does n
 include any s5sitive in=mation4  7#d7  
,appropriate congressional committees   
def9$ ,9 ?is subsection1 ! t]m          
appropriate congressional committees    
means-- 7,a7 ! ,committee on ,=eign     
,relations & ! ,committee on ,bank+1    

,h\s+1 & ,urban ,affairs ( ! ,s5ate2 &  
7,b7 ! ,committee on ,=eign ,affairs & !
 ,committee on ,f9ancial ,s]vices ( !   
,h\se ( ,repres5tatives4  7f7 ,cov]$    
organization def9$ ,9 ?is ,act1 ! t]m   
cov]$ organization means a =eign entity 
7z def9$ 9 section #hjj4bbj7;a7 ( title 
#ca1 ,code ( ,f$]al ,regulations71      
includ+ any subsidi>y or affiliate ( a  
=eign entity1 t engages 9 fraudul5t     
activity 9 an attempt to deceive ,unit$ 
,/ates citiz5s or ali5s :o are lawful   
p]man5t resid5ts ( ! ,unit$ ,/ates to   
provide ca% or o!r assets to su* =eign  
entity1 z jo9tly det]m9$ by ! ,secret>y 
( ! ,treasury & ! ,attorney ,g5]al4