Sec. 604. Public information about sanctioned officials
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Not later than 90 days after the date of the enactment of this Act, and every 180 days thereafter, except as provided in subsection (c), the Secretary of Treasury, in consultation with the Secretary of State, shall submit a report to Congress that describes the total assessed value of blocked assets of Venezuelans designated under sanctions authorized under— the Foreign Narcotics Kingpin Designation Act (title VIII of Public Law 106–120 ; 21 U.S.C. 1901 et seq.); the Venezuela Defense of Human Rights and Civil Society Act of 2014 ( Public Law 113–278 ), as amended by section 603 of this Act; or Executive Orders 13692 ( 50 U.S.C. 1701 note) and 13850. Reports submitted under subsection
(a)should provide descriptions of specific cases that are most representative of the endemic corruption and illicit financial activities occurring in Venezuela. The Secretary of Treasury is not required to submit an updated report to Congress under subsection
(a)unless, since the submission of the preceding report— there has been meaningful change in the value of blocked assets; or additional individuals have been targeted for sanctions under the authorities listed in subsection (a). If the Secretary of Treasury exercises the exception described in subsection (c), the Secretary of the Treasury, or designee, shall immediately brief Congress regarding— the decision to exercise the exception; and information related to the value of blocked assets described in subsection (a). Reports required under this section shall be submitted in unclassified form, but may include a classified annex.
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- Pub. L. 106-120
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Sec. 604
Public information about sanctioned officials
Pub. L.Pub. L. 106-120
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