Stop CCP Money Laundering Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [S. 1339 Introduced in Senate (IS)] <DOC> 119th CONGRESS 1st Session S. 1339 To require a determination and report relating to money laundering and violations of export controls and sanctions in Hong Kong. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES April 8, 2025 Mr. Curtis (for himself and Mr. Merkley) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs _______________________________________________________________________ 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. SHORT TITLE. This Act may be cited as the ``Stop Corrupt Communist Party Money Laundering Act of 2025'' or the ``Stop CCP Money Laundering Act of 2025''. SEC. 2. 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 designating the Hong Kong Special Administrative Region of the People's Republic of China 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, shall submit to the appropriate congressional committees a report assess