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H. Rept. 115-98,Part 1 1 (2017-04-28)

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                     115TH CONGRESS                                      REPT. 115-98
                        1st Session J  HOUSE   OF REPRESENTATIVES            Part 1






                        KOREAN INTERDICTION AND MODERNIZATION OF
                                             SANCTIONS ACT



                     APRIL 28, 2017.-Committed to the Committee of the Whole House on the State of
                                        the Union and ordered to be printed



                            Mr.  ROYCE,  from the Committee  on Foreign  Affairs,
                                          submitted  the  following


                                              REPORT

                                            [To accompany H.R. 1644]

                              [Including cost estimate of the Congressional Budget Office]

                      The  Committee   on Foreign Affairs, to whom  was referred the bill
                    (H.R. 1644)  to enhance sanctions with respect to transactions relat-
                    ing to North  Korea, and  for other purposes, having  considered the
                    same,   reports favorably  thereon  with  an  amendment    and   rec-
                    ommends that   the bill as amended  do pass.

                                            TABLE  OF CONTENTS
                                                                                     Page
                    The A m endm ent ......................................................................................................  1
                    Summ ary and Purpose of Legislation  ....................................................................  11
                    Background and Need for  Legislation  ....................................................................  12
                    H earings/B riefings  ...................................................................................................  16
                    Com m ittee Consideration  ........................................................................................  16
                    Com m ittee Oversight  Findings  ...............................................................................  16
                    New Budget Authority, Tax Expenditures, and Federal Mandates ....................    16
                    Congressional Budget Office   Cost Estimate   ..........................................................  17
                    D irected Rule  M aking  .............................................................................................  20
                    Non-Duplication of Federal Program  s  ..................................................................  20
                    Perform ance Goals  and  Objectives  .........................................................................  20
                    Congressional Accountability  Act  ..........................................................................  20
                    N ew Advisory Com m ittees  .....................................................................................  21
                    Earm ark Identification  ...........................................................................................  21
                    Letters of Jurisdiction  .............................................................................................  21
                    Section-by-Section  Analysis  ....................................................................................  31
                    Changes in Existing Law Made by the Bill, as Reported .................             34

                                              THE AMENDMENT

                      The  amendment   is as follows:
                      Strike all after the enacting clause and insert the following:
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