To require a determination and report relating to money laundering and violations of export controls and sanctions in Hong Kong.

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3264 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3264 To require a determination and report relating to money laundering and violations of export controls and sanctions in Hong Kong. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 7, 2025 Mr. Wilson of South Carolina (for himself and Mr. Panetta) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To require a determination and report relating to money laundering and violations of export controls and sanctions in Hong Kong. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. MEASURES TO ADDRESS MONEY LAUNDERING AND EXPORT CONTROL AND SANCTIONS VIOLATIONS IN HONG KONG. (a) Determination With Respect to Money Laundering.--Not later than 180 days after the date of the enactment of this Act, the Secretary of the Treasury shall submit to the appropriate congressional committees a determination, including a detailed justification, of whether reasonable grounds exist for concluding that the Hong Kong Special Administrative Region of the People's Republic of China should be designated as a jurisdiction of primary money laundering concern under section 5318A of title 31, United States Code. (b) Report on Role of Hong Kong in Export Control and Sanctions Violations.-- (1) In general.--Not later than 360 days after the date of the enactment of this Act, the Secretary of State, in coordination with the Secretary of the Treasury and the Secretary of Commerce, sh