Sec. 207. Public disclosure of assets of Vladimir Putin and his inner circle
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/bill/117/hr/6470/ih/section-207·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 180 days after the date of the enactment of this Act, the Secretary of the Treasury, in coordination with the Director of National Intelligence and the Secretary of State, shall submit to the committees specified in subsection
(d)a detailed report on the personal net worth and assets of the President of the Russian Federation, Vladimir Putin, and his inner circle. The report required by subsection
(a)shall include— an identification of significant senior foreign political figures and oligarchs in the Russian Federation, as determined by their closeness to Vladimir Putin; the estimated net worth and known sources of income of the individuals identified under paragraph (1), Vladimir Putin, and the family members of such individuals and Vladimir Putin (including spouses, children, parents, and siblings), including assets, investments, bank accounts, business interests, held in and outside of the Russian Federation, and relevant beneficial ownership information; an estimate of the total annual income and personal expenditures of Vladimir Putin and his family members for calendar years 2017 through 2021; and all known details about the financial practices and transparency, or lack thereof, of Vladimir Putin and the individuals identified under paragraph (1). The report required by subsection
(a)shall be submitted in unclassified form, but may include a classified annex. The unclassified portion of the report required by subsection
(a)shall be made available on a publicly accessible internet website. The committees specified in this subsection are— the appropriate congressional committees; the Select Committee on Intelligence and the Committee on Banking, Housing, and Urban Affairs of the Senate; and the Permanent Select Committee on Intelligence and the Committee on Financial Services of the House of Representatives.