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Politiparty

118th Congress International Affairs

H.R. 1164: OFAC Outreach and Engagement Capabilities Enhancement Act

Introduced

  1. Introduced (completed)Feb 24, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Feb 24, 2023

This bill addresses the outreach activities of the Office of Foreign Assets Control (OFAC), including by requiring the Government Accountability Office (GAO) to assess such outreach activities. (OFAC, within the Department of the Treasury, is one of the agencies that administers and enforces economic and trade sanctions.)

Specifically, GAO must conduct a study examining various aspects of OFAC’s outreach activities, including (1) the goal and strategy of such activities; and (2) how, if at all, the activities help with sanctions enforcement.

After reviewing the GAO study, OFAC must assess the feasibility of a voluntary public-private information sharing program to support efforts to administer and enforce economic sanctions.

Read the full summary

After reviewing the GAO study and OFAC feasibility assessment, Treasury may direct OFAC to establish a pilot program to facilitate such voluntary public-private information sharing.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

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Other bills by Stephen Lynch

History

  1. Feb 24, 2023Introduced in the House by Stephen Lynch.
Show the full action history (2 actions)
  1. Feb 24, 2023Introduced in House
  2. Feb 24, 2023Referred to the House Committee on Foreign Affairs.