North Korea Follow the Money Act

House Bill 3261 - North Korea Follow the Money Act: Overview, Status, and Impact

Hozzl · 2023-01-11T13:37:25Z

Explore the details of House Bill 3261 North Korea Follow the Money Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Armed Forces and National Security. Stay informed on legislative developments.

1/11/2023, 1:37 PM

Congressional Summary of HR 3261

North Korea Follow the Money Act

This bill requires the Office of the Director of National Intelligence to coordinate with the Departments of State and the Treasury to produce an estimate of North Korea's revenues. The estimate must include the sources of North Korea's funding, the networks through which North Korea accesses the U.S. and international financial systems, and the global financial institutions that assist North Korea with financial transactions.

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Current Status of Bill HR 3261

Bill HR 3261 is currently in the status of Bill Introduced since July 14, 2017. Bill HR 3261 was introduced during Congress 115 and was introduced to the House on July 14, 2017. Bill HR 3261's most recent activity was Referred to the House Committee on Intelligence (Permanent Select). as of July 14, 2017

Bipartisan Support of Bill HR 3261

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 3261

Primary Policy Focus

Armed Forces and National Security

Potential Impact Areas

- Asia

- China

- Coal

- Computer security and identity theft

- Congressional oversight

- Foreign and international banking

- Foreign labor

- Gambling

- Government studies and investigations

- Intellectual property

- Intelligence activities, surveillance, classified information

- Iran

- Manufacturing

- Marine and coastal resources, fisheries

- Metals

- Middle East

- Military assistance, sales, and agreements

- North Korea

- Russia

- Sovereignty, recognition, national governance and status

Alternate Title(s) of Bill HR 3261

North Korea Follow the Money Act

To direct the Director of National Intelligence to produce a national intelligence estimate of the revenue sources of the North Korean regime, and for other purposes.

North Korea Follow the Money Act