Sen. Banks Introduces CBW Fentanyl Act to Sanction Foreign Officials Over Drug Chemicals
U.S. businesses that import chemicals, biological products, or scientific equipment from a sanctioned country — most likely China — could face new restrictions on procurement and trade. The bill bans procurement of goods or services from the chemical or biological sectors of a sanctioned country and could eventually block financial transactions, disrupting existing supply chains for some businesses.
“A prohibition on the procurement of, or entry into a contract to procure, a good or service from a person operating in the chemical or biological sectors of the economy of that country.”
Read twice and referred to the Committee on Foreign Relations.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
No votes have been recorded for this legislation yet.
Document Type
Congressional Bill
Official Title
CBW Fentanyl Act
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