Bill > S860

This bill, known as the BUST FENTANYL Act (Break Up Suspicious Transactions of Fentanyl Act), focuses on addressing fentanyl trafficking, particularly from the People's Republic of China (PRC). The bill requires the Secretary of State and Attorney General to submit a comprehensive report to Congress within 180 days, detailing efforts to combat fentanyl and synthetic opioid production and trafficking. The report must include assessments of U.S. government efforts to engage with the PRC on controlling fentanyl precursors, examining the role of PRC financial institutions in money laundering, and evaluating international cooperation through initiatives like the Global Coalition to Address Synthetic Drug Threats. The bill also expands sanctions targeting individuals and entities involved in opioid trafficking, prioritizing the identification of PRC-related persons involved in fentanyl shipments. Additionally, it modifies the International Narcotics Control Strategy Report to update reporting deadlines and expand information on methamphetamine precursor chemicals. The legislation empowers the President to impose sanctions on foreign government agencies, financial institutions, and officials who knowingly facilitate or contribute to opioid trafficking, with the ultimate goal of disrupting the international supply chain of synthetic opioids and protecting public health.

Government Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/860/all-info