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S4883 Referred to committee

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

Bill Text

Version IS
Section 1760(c)(1)(A) of the Export Control Reform Act of 2018 (50 U.S.C. 4819(c)(1)(A)) is amended—
by striking $300,000 and inserting $1,200,000; and
by striking twice the value of the transaction and inserting four times the value of the transaction.
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.

Legislative Timeline

2 actions
  1. Jun 24, 2026
    Introduced in Senate
  2. Jun 24, 2026 Senate
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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