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Bill

Bill

S 363

A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE DEPARTMENT OF NATURAL RESOURCES, RELATING TO ADDITIONAL REGULATIONS APPLICABLE TO SPECIFIC PROPERTIES, DESIGNATED AS

2025-2026 Regular Session

S. 363 would leverage sanctions to curb transnational narcotics, exploitation, and smuggling by targeting actors and networks involved in these activities.

Act No. 92
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WeVote Research Nonpartisan
Bill Summary · S 363

Summary of S. 363 — STOP MADNESS Act

Quick overview

  • Bill number and title: S. 363, STOP MADNESS Act (short title)
  • Official long title: Stifling Transnational Operations and Proliferators by Mitigating Activities that Drive Narcotics, Exploitation, and Smuggling Sanctions Act.
  • Introduced: February 3, 2025 (Senate)
  • Status: Introduced in Senate; referred to the Committee on Banking, Housing, and Urban Affairs.

Purpose and intent

  • The bill’s formal name and short title imply a focus on countering transnational operations that fuel narcotics production or trafficking, exploitation, and smuggling by implementing sanctions. The emphasis appears to be on “mitigating activities that drive” these illicit activities through sanctions and related tools. Specific policy details and mechanisms are not provided in the available text.

Legislative actions to date

  • 2025-02-03: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2025-02-03: Introduced in the Senate.

Sponsors

  • Primary sponsor: Tim Scott
  • Co-sponsors: Bernie Moreno, Jim Banks, Ted Cruz, Tim Sheehy, Pete Ricketts

What would be affected (scope and potential impact)

  • Based on the title and scope of the bill, potential impacts could include:
    • Establishment or expansion of sanctions targeting individuals, entities, and networks involved in transnational narcotics operations, exploitation, and smuggling.
    • Potential changes to how the United States designates and enforces sanctions against foreign actors engaged in these activities.
    • Possible implications for financial institutions, trade and export controls, and compliance regimes as receivers and enforcers of sanctions.

Note: The provided information does not include the bill’s specific provisions, definitions, or enforcement mechanisms. The actual text would detail which actors or activities are targeted, the type of sanctions authorized (e.g., asset freezes, travel bans, export controls), implementing agencies, enforcement tools, waivers, reporting requirements, and timelines.

Procedural and timeline considerations

  • The bill has been introduced and sent to the Senate committee named above. Typical next steps (if pursued) include:
    • Committee hearings and potential amendments
    • Committee vote to report the bill (or delay)
    • Floor consideration in the Senate, and potential reconciliation with any companion House measure (if applicable)
    • Final passage and onward to the President, subject to constitutional and procedural requirements

What to monitor

  • Future updates should include:
    • The exact text of the bill to specify the precise sanctions regime and affected sectors
    • Committee markup details (provisions, amendments)
    • Any related companion measures in the House, or changes in sponsorship
    • Amendments, scoring, and potential fiscal impact analysis

If you’d like, I can add a section once the bill text becomes available to summarize specific provisions, definitions, enforcement mechanisms, and fiscal implications.

Compiled from official sources — confirm details with the bill’s official record.

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