A bill to amend the Export Control Reform Act of 2018 to increase the civil penalties that may be imposed under that Act.

This bill proposes to amend the Export Control Reform Act of 2018, significantly increasing the civil penalties that can be imposed for violations. The primary change involves raising the maximum statutory civil penalty from $300,000 to $1,200,000 per violation. Furthermore, the bill increases the transaction-based penalty from twice the value of the transaction to four times the value of the transaction . These enhanced penalties aim to strengthen enforcement against illicit export activities. The amendments will apply to any violations of the Act, or its associated regulations, orders, or licenses, that are committed on or after the date of the bill's enactment.