North Korean Enablers Accountability Act of 2017

Summary

North Korean Enablers Accountability Act of 2017 This bill directs the President to: (1) impose property-blocking sanctions against the North Korean government, business entities that trade with North Korea, including specified Chinese entities, and affiliated persons or entities; (2) prohibit the opening, and strictly control the maintaining in the United States, of correspondent or payable-through accounts by a foreign financial institution that assisted in the importation, sale, or transfer of North Korean goods or services; and (3) impose specified sanctions against a person that imports, purchases, or transfers goods or services from the North Korean government or from such entities or affiliates. The President may waive the application of these sanctions for humanitarian or national security purposes. The bill prohibits the U.S. entry of goods mined, produced, or manufactured by North Korean labor, and directs the President to apply property-blocking sanctions against a person or entity that mines, produces, or manufactures such prohibited goods. Such prohibition shall not apply if U.S. Customs and Border Protection finds that the goods were not produced with trafficked, convict, forced, or indentured labor. The Securities and Exchange Commission shall require issuers of stock and other securities to disclose annually any investments in North Korea and activities potentially sanctionable under this bill.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 13 July 2017

   Introduced

   Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

   Source: IntroReferral

2. 13 July 2017

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 13 July 2017 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 13 July 2017

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 13 July 2017

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 13 July 2017

  Open at official source

Sponsors

• Sen. Gardner, Cory [R-CO] · R · Sponsor
• Edward Markey · D · Sponsor
• Sen. Menendez, Robert [D-NJ] · D · Sponsor
• Sen. Portman, Rob [R-OH] · R · Sponsor
• Sen. Rubio, Marco [R-FL] · R · Sponsor
• Tom Cotton · R · Sponsor
• John Boozman · R · Cosponsor
• Ted Cruz · R · Cosponsor
• · ssbk00 · Standing

Related records

• related to ← LEED Act
• related to ← LEED Act