S. 1591: Otto Warmbier Banking Restrictions Involving North Korea Act of 2017
CBO Score
$1 million
Documentation
Date of Report
Thu December 7th, 2017
CBO Report Details
Legislation Details
115th Congress
A bill to impose sanctions with respect to the Democratic People's Republic of Korea, and for other purposes.
Sponsor: Sen. Chris Van Hollen — D — MD
This bill requires the President to: (1) submit to Congress a list of financial institutions that are providing financial or banking support to the government of North Korea; (2) impose specified financial and asset blocking sanctions on an institution that has knowingly engaged in such conduct, and (3) impose specified civil penalties upon a U.S. institution based upon whether it has taken steps to prevent a recurrence of such co...
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