Summary of Bill HR 1998
Bill 119 hr 1998, also known as the "Piracy Sanctions Act," is a piece of legislation introduced in the US Congress that aims to impose sanctions on foreign individuals or entities involved in acts of piracy. The bill seeks to address the issue of piracy, which poses a threat to international maritime trade and security.
Under this bill, the US government would be required to identify and impose sanctions on foreign persons who are found to be engaged in acts of piracy. These sanctions could include financial penalties, travel restrictions, and asset freezes. The goal of these sanctions is to deter individuals and entities from participating in acts of piracy and to hold them accountable for their actions.
In addition to imposing sanctions, the bill also includes provisions for the US government to work with international partners to address the issue of piracy. This could involve coordinating efforts to combat piracy, sharing information and intelligence, and providing assistance to countries affected by piracy.
Overall, Bill 119 hr 1998 aims to strengthen the US government's response to piracy and to promote international cooperation in addressing this global challenge. By imposing sanctions on individuals and entities engaged in piracy, the bill seeks to deter future acts of piracy and protect international maritime trade and security.