Sec. 9507. Report on corrupt activities of Russian and other Eastern European oligarchs
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In this section, the term appropriate committees of Congress means— the Committee on Banking, Housing, and Urban Affairs, the Committee on Finance, the Committee on Foreign Relations, and the Select Committee on Intelligence of the Senate; and the Committee on Financial Services, the Committee on Foreign Affairs, the Committee on Ways and Means, and the Permanent Select Committee on Intelligence of the House of Representatives. Not later than 100 days after the date of the enactment of this Act, the Director of the Central Intelligence Agency shall submit to the appropriate committees of Congress and the Undersecretary of State for Public Diplomacy and Public Affairs a report on the corruption and corrupt activities of Russian and other Eastern European oligarchs.
Each report under subsection
(b)shall include the following: A description of corruption and corrupt activities among Russian and other Eastern European oligarchs who support the Government of the Russian Federation, including estimates of the total assets of such oligarchs. An assessment of the impact of the corruption and corrupt activities described pursuant to subparagraph
(A)on the economy and citizens of Russia. A description of any connections to, or support of, organized crime, drug smuggling, or human trafficking by an oligarch covered by subparagraph (A). A description of any information that reveals corruption and corrupt activities in Russia among oligarchs covered by subparagraph (A). A description and assessment of potential sanctions actions that could be imposed upon oligarchs covered by subparagraph
(A)who support the leadership of the Government of Russia, including President Vladimir Putin. The first report under subsection
(a)shall include comprehensive information on the matters described in paragraph (1). Any succeeding report under subsection
(a)may consist of an update or supplement to the preceding report under that subsection. In preparing each report, update, or supplement under this section, the Director of the Central Intelligence Agency shall coordinate as follows: In preparing the assessment and descriptions required by subparagraphs
(A)through
(D)of subsection (c)(1), the Director of the Central Intelligence Agency shall coordinate with the head of the Office of Intelligence and Analysis of the Department of the Treasury and the Director of the Federal Bureau of Investigation. In preparing the description and assessment required by subparagraph
(E)of such subsection, the Director of the Central Intelligence Agency shall coordinate with the head of the Office of Intelligence and Analysis of the Department of the Treasury. Subject to paragraph (2), each report under subsection
(b)shall include an unclassified executive summary, and may include a classified annex. The information described in subsection (c)(1)(D) in each report under subsection
(b)shall be submitted in unclassified form.