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H.R. 7055IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 102 · H.R. 7055

Enhancing sanctions on sectors of the Nicaraguan economy that generate revenue for the Ortega family

Title I — Reauthorization and amendment of the Nicaraguan Investment Conditionality Act of 2018 and the Reinforcing Nicaragua’s Adherence to Conditions for Electoral Reform Act of 2021

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Section 5(a) of the Nicaraguan Investment Conditionality Act of 2018 (Public Law 115–335; 50 U.S.C. 1701 note) is amended— (1) in paragraph (3)(B), by striking or; (2) in paragraph (4), by striking the period at the end and inserting; or; and (3) by adding at the end the following: (5) to operate or have operated in the gold sector of the Nicaraguan economy or in any other sector of the Nicaraguan economy identified by the Secretary of the Treasury, in consultation with the Secretary of State, for purposes of this paragraph..

Sec. 102: Enhancing sanctions on sectors of the Nicaraguan economy that generate revenue for the Ortega family · Public Law Tracker