The Bill “Vladimir Putin Transparency Act” Has Passed

The bill To strengthen the United States response to Russian interference by providing transparency on the corruption of Russian President Vladimir Putin. has passed the House of Representatives

This bill passed the House on Mar 12, 2019. It was first sponsored by (D) Representative Val Demings from FL.

Summary: Vladimir Putin Transparency Act This bill directs the Office of the Director of National Intelligence to report to Congress about Russian President Vladimir Putin. The report shall address topics including (1) Putin’s estimated net worth and known sources of income; (2) intermediaries, including shell companies, that he uses; and (3) the identities of the most significant Russian senior officials and oligarchs who facilitate his corrupt acts.

The bill mainly relates to these subjects; Congressional oversight, International affairs, Russia, Real estate business, Diplomacy, foreign officials, Americans abroad, Rule of law and government transparency, Government ethics and transparency, public corruption, Intelligence activities, surveillance, classified information, Corporate finance and management, Sovereignty, recognition, national governance and status, Foreign and international banking, Bank accounts, deposits, capital, Foreign and international corporations, Fraud offenses and financial crimes, Government studies and investigations and Armed Forces and National Security.

Bill Cosponsors

  • (R) Rep. Elise Stefanik from NY
  • (R) Rep. Van Taylor from TX
  • (D) Rep. Steve Cohen from TN