HR 2105 · 106th Congress · International Affairs
Drug Kingpins Bankruptcy Act of 1999
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Crime.(1999-09-24)
Plain Language Summary
[AI summary unavailable — showing source text]
Drug Kingpins Bankruptcy Act of 1999 - Directs the Secretary of the Treasury to report annually to the Director of National Drug Control Policy the names of foreign international narcotics traffickers. Requires the President to determine annually whether or not such persons constitute an unusual and extraordinary threat to the national security, foreign policy, and economy of the United States, and to forward their names to the Secretary of the Treasury. Declares that Congress finds that a national emergency exists with respect to any individual who is designated a narcotics trafficker. Provides for the blocking (freeze) of assets that come within the possession or control of the United States, and are assets of: (1) any designated narcotics trafficker; (2) any person who materially assists in the narcotics trafficking activities of a designated narcotics trafficker; and (3) any person determined by the Secretary of the Treasury to be owned or controlled by, or to act for or on behalf of, a designated narcotics trafficker. Sets forth specified prohibited acts, including any transaction or dealing by a U.S. person (or within the United States): (1) in property or interests in proper…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
1 Democrat3 Republicans