HR 4723 - Upholding the Dayton Peace Agreement Through Sanctions Act - National Key Vote

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Title: Upholding the Dayton Peace Agreement Through Sanctions Act

Vote Smart's Synopsis:

Vote to pass a bill that authorizes and imposes visa and property-blocking sanctions on foreign persons (i.e., individuals or entities) that are involved in certain actions that threaten the peace, stability, or democracy of Bosnia and Herzegovina.

Highlights:

  • Authorizes and imposes visa and property-blocking sanctions on foreign persons (i.e., individuals or entities) that are involved in certain actions that threaten the peace, stability, or democracy of Bosnia and Herzegovina (Sec. 2-6).

  • Requires the President to impose said sanctions on certain foreign individuals, including those that are responsible for or engaged in corruption or certain acts or policies that seek to (Sec. 2-6):

    • Threaten the peace, security, stability, or territorial integrity of Bosnia and Herzegovina;

    • Undermine the democratic processes or institutions in Bosnia and Herzegovina; or

    • Undermine the Dayton Peace Agreement or certain authorities related to the agreement (The agreement brought an end to the Bosnian War, and Bosnia and Herzegovina's constitution stems in part from the agreement);

  • Specifies that the Department of Treasury may impose certain prohibitions and restrictions on a foreign financial institution that knowingly conducts or facilitates a significant transaction for a foreign individual subject to sanctions under this bill (Sec. 2-6).

  • Authorizes statutory authority for sanctions imposed under Executive Order 13219 and Executive Order 14033 (both orders impose sanctions on individuals threatening stability in the Western Balkans) (Sec. 2-6).

NOTE: THIS LEGISLATION NEEDED A TWO-THIRDS MAJORITY VOTE TO PASS

Title: Upholding the Dayton Peace Agreement Through Sanctions Act

NOTE: THIS LEGISLATION NEEDED A TWO-THIRDS MAJORITY VOTE TO PASS

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