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Code · BILL · 116th Congress · S. 1060 (Introduced in Senate) — To deter foreign interference in United States elections, and for other purposes. · Sec. 201

Sec. 201. Report on estimated net worth of President Vladimir Putin and other senior foreign political figures of the Russian Federation

316 words·~1 min read·/bill/116/s/1060/is/section-201

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Not later than 180 days after the date of the enactment of this Act, and not less frequently than biannually thereafter, the President shall submit to the appropriate congressional committees a report that contains— the estimated total net worth of each individual described in subsection (b); and a description of how the funds of each such individual were acquired and how such funds have been used or employed. The individuals described in this subsection are the following: President Vladimir Putin.
Any other senior foreign political figure of the Russian Federation identified in the report under subsection (a)(1)(A) of section 241 of the Countering Russian Influence in Europe and Eurasia Act of 2017 (title II of Public Law 115–44 ; 131 Stat. 922), or any update to that report under subsection
(b)of such section, as added by section 103. The report required under subsection
(a)shall be submitted in unclassified form but may contain a classified annex. The unclassified portion of the report required under subsection
(a)shall be made available to the public in pre­com­pressed, easily downloadable versions that are made available in all appropriate formats. In preparing the report required under subsection (a), the President may use any credible publication, database, or web-based resource, and any credible information compiled by any government agency, nongovernmental organization, or other entity provided to or made available to the President. In this section, the term funds means— cash; equity; any other intangible asset the value of which is derived from a contractual claim, including bank deposits, bonds, stocks, a security (as defined in section 2(a) of the Securities Act of 1933 ( 15 U.S.C. 77b(a) )), or a security or an equity security (as those terms are defined in section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) )); and anything else of value that the Secretary of the Treasury determines to be appropriate.
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  • 131 Stat. 922
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Sec. 201
Report on estimated net worth of President Vladimir Putin and other senior foreign political figures of the Russian Federation
Stat.131 Stat. 922
Cites 4Cited by 0 across 0 sources
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