S.1901: LEED Act

Author's Summary:  To require global economic and political pressure to support diplomatic denuclearization of the Korean Peninsula, including through the imposition of sanctions with respect to the Government of the Democratic People’s Republic of Korea and any enablers of the activities of that Government, and to reauthorize the North Korean Human Rights Act of 2004, and for other purposes.

IB Summary:  According to Rep. Mike Gallagher (R-WI): "For more than twenty years, American foreign policy has failed to fundamentally change North Korean behavior. It is time that the United States change its approach to impose significant costs on actors that support and enable the Kim regime’s reckless aggression. The LEED Act takes an important step by making crystal clear that those who do business with Pyongyang will not be welcome to do business with America"

Status:   Introduced on 12/07/2017. Placed on Senate Legislative Calendar under General Orders. Calendar No. 279.

Links: https://www.congress.gov/bill/115th-congress/senate-bill/1901/text?r=1; https://www.congress.gov/bill/115th-congress/house-bill/4027?q=%7B%22search%22%3A%5B%22LEED+Act%22%5D%7D&r=2

Other:   Co-sponsored by Cory Gardner.