# 119-s-1339: Stop CCP Money Laundering Act of 2025

119-s-1339, Stop CCP Money Laundering Act of 2025, is a 119th Congress bill sponsored by Sen. Curtis, John R. [R-UT] (R-UT); status introduced; PRIA reads it as touching household money (as of 2026-06-03).

- Canonical: https://policyrisk.com/legislation/119-s-1339
- As of: 2026-06-03
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-1339
- Congress: 119
- Title: Stop CCP Money Laundering Act of 2025
- Status: introduced
- Introduced: 2025-04-08
- Sponsor: Sen. Curtis, John R. [R-UT] (R-UT)
- Cosponsors: 2
- Policy area: International Affairs
- Touches household money: yes
- Last recorded action: 2026-06-03

## Summary

**Investigates Hong Kong's role in international money laundering and sanctions evasion.** The bill would require the Treasury to decide within 180 days whether there are reasonable grounds to designate Hong Kong as a jurisdiction of primary money laundering concern. It would also require the Secretary of State, working with Treasury and Commerce, to deliver within 360 days a report on how well U.S. and foreign financial institutions in Hong Kong can detect and stop transactions that move products, technology, or money to Russia, Iran, the mainland of the People’s Republic of China, or other sanctioned entities. - Financial institutions in Hong Kong would face formal scrutiny. The State report must evaluate their ability to identify and prevent transfers that facilitate export‑control or sanctions violations and assess whether China’s 2020 National Security Law and Hong Kong’s January 2024 Safeguarding National Security Ordinance limit compliance with anti‑money laundering (AML) and know‑your‑customer (KYC) standards. - U.S. enforcement and foreign policy bodies would get targeted information. Treasury must make a 180‑day determination that could begin designation procedures under 31 U.S.C. § 5318A, and State must describe cooperation and challenges with Hong Kong authorities in enforcing export controls and sanctions. - Specific congressional oversight is required. Reports and determinations must go to the Senate committees on Foreign Relations and on Banking, Housing, and Urban Affairs and to the House committees on Foreign Affairs and on Financial Services.

## Cosponsors (2)

- Sen. Merkley, Jeff [D-OR] (D-OR), 2025-04-08T00:00:00.000Z
- Sen. Scott, Rick [R-FL] (R-FL), 2026-06-01T00:00:00.000Z

## Provisions PRIA read

- State report on Hong Kong sanctions risks: mixed, medium. This bill would require the Secretary of State, with Treasury and Commerce, to report to Congress within 360 days. The report must assess whether banks in Hong Kong can spot and stop transactions that break U.S. export controls or sanctions. It must evaluate Hong Kong's role, the impact of recent P…
- Treasury study on Hong Kong money‑laundering: mixed, medium. This bill would require the Treasury Secretary to report to Congress within 180 days. The report must say whether reasonable grounds exist to label Hong Kong a primary money‑laundering concern. It must include the Secretary's detailed justification and go to specified congressional committees. If a…

## Related bills

- 119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026
- 119-s-1462: Fix Our Forests Act
- 119-s-1541: SHIPS for America Act of 2025
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-4429: Connected Vehicle Security Act of 2026
- 119-s-3938: TAP Promotion Act

## Sources
- [119-s-1339 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/1339)

## Related
- [119-s-3923: Weather Research and Forecasting Innovation Reauthorization Act of 2026](https://policyrisk.com/legislation/119-s-3923)
- [119-s-1462: Fix Our Forests Act](https://policyrisk.com/legislation/119-s-1462)
- [119-s-1541: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-s-1541)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-4429: Connected Vehicle Security Act of 2026](https://policyrisk.com/legislation/119-s-4429)
- [119-s-3938: TAP Promotion Act](https://policyrisk.com/legislation/119-s-3938)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-1339 (as of 2026-06-03).