LEED Act

Bill: 115-s-1901
Sponsor: Sen. Gardner, Cory [R-CO]
Introduced: 2017-10-02 in the Senate
Policy area: International Affairs
Subjects: Arms control and nonproliferation
Asia
Bank accounts, deposits, capital
China
Computer security and identity theft
Congressional oversight
Detention of persons
Diplomacy, foreign officials, Americans abroad
Foreign aid and international relief
Foreign and international banking
Foreign and international corporations
Foreign labor
Foreign property
Freedom of information
Human rights
Intelligence activities, surveillance, classified information
International exchange and broadcasting
International organizations and cooperation
Military assistance, sales, and agreements
Military education and training
North Korea
Nuclear weapons
Presidents and presidential powers, Vice Presidents
Sanctions
Technology transfer and commercialization
Trade restrictions
Trade secrets and economic espionage
United Nations
War and emergency powers

Summary:
action_date: 2017-10-02
text: 

Leverage to Enhance Effective Diplomacy Act of 2017 or the LEED Act

 
This bill directs the President to: (1) impose property-blocking sanctions against the North Korean government, business entities that trade with North Korea, including specified Chinese entities, and affiliated persons or entities; (2) prohibit the opening, and strictly control the maintaining in the United States, of correspondent or payable-through accounts by a foreign financial institution that assisted in the importation, sale, or transfer of North Korean goods or services; and (3) impose specified sanctions against a person that imports, purchases, or transfers goods or services from the North Korean government or from such entities or affiliates.
 
 The North Korean Human Rights Act of 2004 is amended to extend assistance for human rights and democracy programs.
 The bill prescribes reporting requirements with respect to North Korea's ballistic missile and missile fuel program. 
The Department of State shall: (1) brief Congress on the status of U.S. diplomatic engagement with North Korea and of detained U.S. citizens, and (2) develop a diplomatic strategy to end the transfer of rocket fuels and chemical precursors to North Korea.
 
The State Department may reduce its diplomatic presence in, and terminate or reduce foreign assistance to, countries that are not cooperating with diplomatic and economic efforts to isolate North Korea. 


Legislative actions:
action_date: 2017-12-07
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 279.
action_date: 2017-12-07
text: Committee on Foreign Relations. Reported by Senator Corker with an amendment in the nature of a substitute and an amendment to the title. Without written report.
action_date: 2017-12-07
text: Committee on Foreign Relations. Reported by Senator Corker with an amendment in the nature of a substitute and an amendment to the title. Without written report.
action_date: 2017-12-05
text: Committee on Foreign Relations. Ordered to be reported with an amendment in the nature of a substitute favorably.
action_date: 2017-10-02
text: Read twice and referred to the Committee on Foreign Relations.
action_date: 2017-10-02
text: Introduced in Senate