Govwatch

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 4883 Introduced in Senate (IS)]

<DOC>

119th CONGRESS
  2d Session
                                S. 4883

 To amend the Export Control Reform Act of 2018 to increase the civil 
             penalties that may be imposed under that Act.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             June 24, 2026

 Mr. Kennedy (for himself and Mr. Kim) introduced the following bill; 
which was read twice and referred to the Committee on Banking, Housing, 
                           and Urban Affairs

_______________________________________________________________________

                                 A BILL

 
 To amend the Export Control Reform Act of 2018 to increase the civil 
             penalties that may be imposed under that Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. INCREASE OF CIVIL PENALTIES UNDER EXPORT CONTROL REFORM ACT 
              OF 2018.

    (a) In General.--Section 1760(c)(1)(A) of the Export Control Reform 
Act of 2018 (50 U.S.C. 4819(c)(1)(A)) is amended--
            (1) by striking ``$300,000'' and inserting ``$1,200,000''; 
        and
            (2) by striking ``twice the value of the transaction'' and 
        inserting ``four times the value of the transaction''.
    (b) Applicability.--This section, and the amendments made by this 
section, shall apply with respect to a violation of the Export Control 
Reform Act of 2018 (50 U.S.C. 4801 et seq.) or any regulation, order, 
or license issued under such Act, committed on or after the date of the 
enactment of this Act.
                                 <all>
A bill to amend the Export Control Reform Act of 2018 to increase the civil penalties that may be imposed under that Act.

Full Text
