Senate Bill 568
117th Congress(2021-2022)
Entity List Verification Act
Introduced
Introduced in Senate on Mar 3, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
568
Congress
117
Policy Area
Foreign Trade and International Finance
Foreign Trade and International Finance
Primary focus of measure is competitiveness, trade barriers and adjustment assistance; foreign loans and international monetary system; international banking; trade agreements and negotiations; customs enforcement, tariffs, and trade restrictions; foreign investment. Measures concerning border enforcement may fall under Immigration policy area.
No Senate votes have been held for this bill.
Summary
Entity List Verification Act
This bill prohibits the Department of Commerce from removing an entity from the entity list until Commerce makes certain certifications. The entity list provides the names of foreign entities who are subject to specific license requirements for the export, reexport, or transfer of specified items.
Commerce may not remove an entity from the entity list until Commerce certifies that (1) the entity is no longer involved in activities that are contrary to U.S. national security or foreign policy interests, and (2) removing the entity from the list does not pose a threat to U.S. allies.
March 3, 2021
03/03/2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
03/03/2021
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:47:49 PM