S. 3913, also known as the "Sanctions Recovery Act of 2024," allows the Director of the Office of Foreign Assets Control in the Department of the Treasury to use a portion of the foreign assets seized through sanctions enforcement to cover enforcement costs. Specifically, it...
Simple Explanation
The bill lets the person in charge of seizing money from other countries use a small part of that money to pay for the costs of taking it, just like using some of your birthday money to buy gift wrap for someone else.