Strengthen U.S. sanctions and anti-money-laundering measures against China-based and CCP-backed entities, PRC vessels and ports, online marketplaces, and foreign financial institutions that facilitate fentanyl or synthetic narcotics trafficking.

The CCP Fentanyl Sanctions Act will address fentanyl exports from China by: Targeting the “Achilles’ heel” of fentanyl and related synthetic narcotics producers—their exposure to the U.S. banking system courtesy of their licit activity; Codifying important new authorities to address this threat while working to target those responsible for the epidemic; Codifying and building on Executive Order 14059, which established critical new sanctions authorities against actors involved in fentanyl trafficking; Expanding existing sanctions authorities to target PRC vessels or ports that knowingly or recklessly facilitate shipment/transportation of illicit synthetic narcotics, as well as PRC online marketplaces and other entities that knowingly or recklessly facilitate sale of illicit synthetic narcotics; Providing authority to restrict foreign financial institution correspondent accounts and payable-through accounts if the President determines the account has knowingly facilitated transactions on behalf of individuals engaging in synthetic narcotics trafficking.

Auchincloss reintroduced the CCP Fentanyl Sanctions Act, which would expand sanctions and financial restrictions targeting China-linked actors that facilitate fentanyl and synthetic narcotics trafficking.

Reps. Auchincloss, Newhouse, Moolenaar, and Khanna Reintroduce Bipartisan Legislation Targeting China’s Role in U.S. Fentanyl Crisis | U.S. Congressman Jake Auchincloss Of Massachusetts 4th District
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