The bill would require sanctions against specified Salvadoran officials and certain other people or entities identified through credible information as involved in serious human rights violations, efforts to deprive people in the United States of constitutional rights, or support for those activities. Sanctions would include blocking property, restricting entry to the United States, and barring U.S. financial institutions from making loans or extending credit to affected people. Humanitarian transactions and some admissions required by international agreements are exempt.
The bill would also direct the United States to oppose or suspend certain loans and assistance to El Salvador through international financial institutions, except for humanitarian purposes. It would require reports on sanctions, U.S. assistance and agreements, and the Salvadoran government's use of cryptocurrency. Federal funds could not be provided to El Salvador until the President certifies that the conditions for ending sanctions have been met. Sanctions could not end before four years after enactment and would return if the specified conduct resumes.
People or entities covered by the sanctions could have property blocked, lose access to U.S. visas or entry, and be barred from receiving loans or credit from U.S. financial institutions. The bill also affects U.S. assistance to El Salvador and requires public reporting on cryptocurrency-related matters. It exempts humanitarian transactions, including those involving food, medicine, and basic needs. The bill does not describe specific effects on individuals outside these provisions.
The bill provides no cost estimate or appropriation amount. It requires reports and restricts certain assistance and financial activity.
No publicly available information.
No publicly available information.