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HR 5910 114th Congress House International Affairs Congressional oversight Department of the Treasury Executive agency funding and structure Sanctions War and emergency powers

Improving Economic Sanctions Act of 2016

Introduced: July 14, 2016 Introduced by: Young, Todd Republican · Indiana See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 14, 2016
Referred to the House Committee on Foreign Affairs.
Jul 14, 2016
Introduced in House
 Plain-English summary Congressional Research Service

Improving Economic Sanctions Act of 2016

This bill establishes within the Office of Terrorism and Financial Intelligence of the Department of the Treasury an Economic Sanctions Strategy, Coordination, and Planning Group. The group shall conduct contingency planning to enable the Office of Foreign Assets Control (OFAC) to impose, monitor, and enforce a program of economic sanctions against a foreign country or entity pursuant to the International Emergency Economic Powers Act.

The group shall: (1) review OFAC economic sanctions programs to identify specific problems with such programs and general problems with U.S. economic sanctions policy, and (2) create a strategy to improve such programs and policy.

The Office of Terrorism and Financial Crimes shall coordinate the development of U.S. economic sanctions policy with the Departments of State, Defense, Justice, and Commerce; the National Security Council; and the Office of the Director of National Intelligence.

What's happening now July 14, 2016

Referred to the House Committee on Foreign Affairs.

 Committees of jurisdiction 1