3.0.0 667 2022-11-01T17:17:27Z 2022-11-01T17:17:27Z Senate S 2019-03-05 116 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2019-03-05T23:25:13Z End Banking for Human Traffickers Act of 2019 116 295 HR 2019-03-07 Committee Agreed to Seek Consideration Under Suspension of the Rules,. Related bill CRS National Defense Authorization Act for Fiscal Year 2020 116 1790 S 2019-12-20 Became Public Law No: 116-92. Related bill CRS 2019-03-05 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2019-03-05 Introduced in Senate IntroReferral 10000 9 Library of Congress V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD N T000461 Sen. Toomey, Patrick [R-PA] Patrick Toomey R PA J. 2019-03-05 True C001113 Sen. Cortez Masto, Catherine [D-NV] Catherine Cortez Masto D NV 2019-03-06 False P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2019-03-06 False International Affairs Alliances Arms control and nonproliferation Asia Bank accounts, deposits, capital Banking and financial institutions regulation Civil actions and liability Coal Congressional oversight Corporate finance and management Crime victims Criminal investigation, prosecution, interrogation Diplomacy, foreign officials, Americans abroad Employee benefits and pensions Financial services and investments Foreign aid and international relief Foreign and international banking Foreign and international corporations Foreign labor Foreign property Fraud offenses and financial crimes Government ethics and transparency, public corruption Human trafficking Intelligence activities, surveillance, classified information International organizations and cooperation Law enforcement administration and funding Licensing and registrations Metals Military assistance, sales, and agreements North Korea Nuclear weapons Oil and gas Presidents and presidential powers, Vice Presidents Sanctions Seafood State and local finance Technology transfer and commercialization Trade restrictions U.S. and foreign investments United Nations War and emergency powers International Affairs 00 2019-03-05 Introduced in Senate 2019-10-24T19:04:18Z Otto Warmbier Banking Restrictions Involving North Korea Act of 2019

This bill expands sanctions and reporting requirements related to North Korea and revises provisions related to combating human trafficking.

The Department of the Treasury shall impose asset-related sanctions on persons that knowingly provide significant financial services to any person that is subject to various sanctions, including those covered in any United Nations Security Council (UNSC) resolution.

The President may impose sanctions on persons that take certain actions related to North Korea, including knowingly (1) engaging in transactions in goods such as coal, or (2) contributing to a violation of a UNSC resolution through a significant transfer of property.

A country that has transacted in defense articles with North Korea shall be barred from receiving certain U.S. assistance for five years, whereas currently the prohibition lasts for two years.

The President's annual report to Congress on the implementation of UNSC resolutions shall include information on countries that fail to prohibit certain activities related to North Korea, such as the unauthorized clearing of funds. The bill also imposes various reporting requirements, such as requirements for Treasury to report on how North Korea's government exploits beneficial ownership rules to access the international financial system.

The bill authorizes each state to adopt measures to require the divestment of the state's assets from North Korea-related investments.

Treasury shall designate an office to coordinate efforts to combat the illicit financing of human trafficking. The Interagency Task Force to Monitor and Combat Trafficking shall report to Congress recommendations for strengthening anti-money-laundering efforts in relation to human trafficking.

]]> Otto Warmbier Banking Restrictions Involving North Korea Act of 2019 Display Title Otto Warmbier Banking Restrictions Involving North Korea Act of 2019 Short Title(s) as Introduced Otto Warmbier Banking Restrictions Involving North Korea Act of 2019 Introduced in Senate IS Short Title(s) as Introduced for portions of this bill FIGHT Act Introduced in Senate IS Short Title(s) as Introduced for portions of this bill Financial Industry Guidance to Halt Trafficking Act Introduced in Senate IS Official Title as Introduced A bill to impose sanctions with respect to the Democratic People's Republic of Korea, and for other purposes. Introduced in Senate IS Introduced in Senate 2019-03-05T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s667is/xml/BILLS-116s667is.xml 2019-03-05 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.