Bill > S3390

This bill, titled the "Tracking and Restricting Adversarial Circumvention of Embargoes Act of 2025," requires the Director of National Intelligence to submit a report within 180 days of enactment to Congress and the Secretary of the Treasury. This report will analyze oil and ballistic missile-related transactions between the People's Republic of China (PRC) and Iran, specifically assessing PRC purchases of Iranian oil since 2020, including methods like transshipment points and shell companies used to evade sanctions, and significant financial transactions by PRC entities that support Iran's ballistic missile program with chemical precursors and other materials. Following this report, the Secretary of the Treasury will have another 180 days to determine if the PRC is engaging in any sanctionable activities and report this determination to Congress. Sanctionable activities are actions that violate U.S. laws or regulations, often leading to penalties or restrictions. The "appropriate congressional committees" are defined as specific committees in both the Senate and the House of Representatives that oversee banking, commerce, intelligence, appropriations, armed services, and foreign relations.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/senate-bill/3390/all-info