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H.R. 3190 · House bill · 119th Congress
This bill extends and expands a law imposing sanctions on Burma. The bill also requires the President to appoint a Special Envoy for Burma.
Current law authorizes, and in some cases requires, the President to impose sanctions on certain Burmese state-owned enterprises, Burmese officials and family members, and other foreign persons. The bill extends this law through December 23, 2032. The bill also requires the President to annually determine, for the next seven years, whether the Myanma Oil and Gas Enterprise, the Myanma Economic Bank, or foreign persons operating in Burma's jet fuel sector meet the criteria for required sanctions under (1) the previously mentioned law; or (2) Executive Order 14014, Blocking Property With Respect to the Situation in Burma.
The U.S. Executive Director at the International Monetary Fund (IMF) must advocate and vote to limit any increase to Burma's IMF shareholding while Burma's State Administrative Council is in power. (The State Administrative Council is the junta installed after Burma's 2021 military coup.)
The President must appoint a Special Envoy for Burma with the advice and consent of the Senate. The envoy shall have the rank and status of ambassador and be responsible for coordinating all aspects of U.S. policy regarding Burma, including sanctions, arms embargoes, and assistance to the people of Burma.
This Act may be cited as the “Bringing Real Accountability Via Enforcement in Burma Act” or the “BRAVE Burma Act”
Section 5571(e) of the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023 (22 U.S.C. 10222(e)) is amended to read as follows:
“(e) Assessment and report on sanctions with respect to Burmese persons.—
(1) In general.— Not later than 180 days after the date of the enactment of this Act, and annually thereafter for 7 years, the President shall determine whether the following persons meet the criteria for sanctions described under subsection (a) or under Executive Order 14014 (86 Fed. Reg. 9429; relating to blocking property with respect to the situation in Burma):
(A) Any Burmese state-owned enterprise described in subsection (c)(1).
(B) Myanma Economic Bank.
(C) Any foreign person that the President determines operates in the jet fuel sector of the Burmese economy, including through activities such as the provision of financial services or the importation, exportation, reexportation, sale, supply, trade, storage, or transport, directly or indirectly, of jet fuel in Burma.
(2) Report required.— Upon making the determination required by paragraph (1), the President shall submit to the appropriate congressional committees a report on the assessment.
(3) Form of report.— The report required by paragraph (2) shall be submitted in unclassified form but may include a classified annex.”.
(a) In general.— The Secretary of the Treasury shall instruct the United States Executive Director at the International Monetary Fund to use the voice and vote of the United States, when assessing potential changes to any shareholding formula in connection with a governance review of the Fund, to limit, as appropriate, an increase to the shareholding of Burma if the country is subject to the rule of the State Administration Council.
(b) Waiver.— The President of the United States may waive the application of subsection (a) upon certifying to the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations of the Senate that the waiver is important to the national interest of the United States, with a detailed explanation of the reasons therefor.