S2058-119

1. Short title This Act may be cited as the El Salvador Accountability Act of 2025.

2. Definitions In this Act: The term appropriate congressional committees means— the Committee on Foreign Relations and the Committee on Banking, Housing, and Urban Affairs of the Senate; and the Committee on Foreign Affairs and the Committee on Financial Services of the House of Representatives. The term foreign person means an individual or entity that is not a United States person. The term gross violations of internationally recognized human rights has the meaning given that term in section 502B(d) of the Foreign Assistance Act of 1961 (22 U.S.C. 2304(d)). The term knowingly, with respect to conduct, a circumstance, or a result, means that a person had actual knowledge, or should have known, of the conduct, the circumstance, or the result. The term Salvadoran entity means an entity organized under the laws of, or otherwise subject to the jurisdiction of, El Salvador. The term United States person means— a United States citizen or an alien lawfully admitted for permanent residence to the United States; an entity organized under the laws of the United States or any jurisdiction within the United States, including a foreign branch of such an entity; or any person located in the United States.

3. Imposition of sanctions with respect to Bukele government in El Salvador The President shall impose the sanctions described in subsection (b) with respect to the following: The President of El Salvador. The Vice President of El Salvador. The Minister of Foreign Relations of El Salvador. The Minister of Defense of El Salvador. The Minister of Economy of El Salvador. The Minister of Finance of El Salvador. The Minister of Government of El Salvador. The Minister of Justice and Public Security of El Salvador. The Vice Minister of Justice and Public Security of El Salvador. The Minister of Tourism of El Salvador. The Attorney General of El Salvador. The President of the Central Reserve Bank of El Salvador. Any foreign person in El Salvador, working on behalf of the Government of El Salvador, or who is a leader, official, or member of any Salvadoran entity, including a political party or government dependency, or a member of such a party or dependency, that, based on credible information— has engaged in gross violations of internationally recognized human rights, or violated international law or international human rights standards, including in connection with the ongoing state of exception in El Salvador; has engaged in the scheme, including by accepting United States taxpayer dollars, to deprive individuals residing in the United States of their rights under the Constitution of the United States; or has materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, any person that has engaged in activities described in subparagraph (A) or (B). The sanctions to be imposed under subsections (a) with respect to a person are the following: The President shall exercise all of the powers granted by the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) to the extent necessary to block and prohibit all transactions in all property and interests in property of a person described in subsection (a), if such property and interests in property are in the United States, come within the United States, or are or come within the possession or control of a United States person. In the case of an alien described in subsection (a), the alien is— inadmissible to the United States; ineligible for a visa or other documentation to enter the United States; and otherwise ineligible to be admitted or paroled into the United States or to receive any other benefit under the Immigration and Nationality Act (8 U.S.C. 1101 et seq.). The visa or other entry documentation of an alien described in subsection (a) shall be revoked, regardless of when such visa or other entry documentation was issued. A revocation under clause (i) shall— take effect immediately; and automatically cancel any other valid visa or entry documentation that is in the alien’s possession. The President shall prohibit United States financial institutions from making loans or extending credit to a person described in subsection (a). The President shall prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which a person described in subsection (a) has any interest. Not later than 10 days after any imposition of sanctions under this section, the President shall provide written notification to the appropriate congressional committees regarding the imposition of such sanctions that includes a description of— the person or persons subject to the imposition of such sanctions; and the activities that led to the imposition of sanctions. Not later than 90 days after the date of the enactment of this Act, and annually thereafter, the President shall submit to the appropriate congressional committees a report that includes— a list of the persons with respect to which sanctions have been imposed under this section during the year preceding submission of the report; a description of the activities that led to the imposition of such sanctions; a description of any assistance provided by the United States to El Salvador during the year preceding submission of the report; the full text of any written agreements, including grant agreements, made between the United States and the Government of El Salvador during that year; a list of any officials of the Government of El Salvador who are, as of the date of the report, subject to sanctions under other sanctions authorities, including— the Global Magnitsky Human Rights Accountability Act (22 U.S.C. 10101 et seq.); and section 7031(c)(1)(A) of the Department of State, Foreign Operations, and Related Programs Appropriations Act, 2024 (division F of Public Law 118–47; 8 U.S.C. 1182 note); a determination of whether any of the individuals on the list required by subparagraph (E)— has received, or is part of a government institution that has received, United States foreign assistance described in subparagraph (C); or is implementing a bilateral agreement described in subparagraph (D); a determination of whether any nationals of El Salvador subject to sanctions under other sanctions authorities, or government institutions led by such nationals or of which such nationals are members, have received United States foreign assistance; the full text of any written agreement between the United States and El Salvador pursuant to section 620M(c)(1) of the Foreign Assistance Act of 1961 (22 U.S.C. 2378d(c)(1)); and a list of any units of the security forces of El Salvador prohibited from receiving United States foreign assistance under section 620M of the Foreign Assistance Act of 1961 (22 U.S.C. 2378d). Sanctions under subsection (b)(2) shall not apply with respect to the admission of an alien to the United States if such admission is necessary to comply with the obligations of the United States under the Agreement regarding the Headquarters of the United Nations, signed at Lake Success on June 26, 1947, and entered into force on November 21, 1947, between the United Nations and the United States, or the Convention on Consular Relations, done at Vienna on April 24, 1963, and entered into force on March 19, 1967, or other international obligations of the United States. The President may not impose sanctions under this section with respect to any person for conducting or facilitating a transaction for the sale of agricultural commodities, food, medicine, or medical devices or for the provision of basic human needs or humanitarian assistance. The President may exercise all authorities provided under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out this section. A person that violates, attempts to violate, conspires to violate, or causes a violation of this section or any regulation, license, or order issued to carry out this section shall be subject to the penalties set forth in subsections (b) and (c) of section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1705) to the same extent as a person that commits an unlawful act described in subsection (a) of that section. Subject to paragraph (2), sanctions imposed under this section shall terminate if the President certifies to the appropriate congressional committees that the Government of El Salvador— is no longer engaged in gross violations of internationally recognized human rights and is complying with international law and international human rights standards, including in connection with the ongoing state of exception in El Salvador; and is no longer engaged in the scheme, including by accepting United States taxpayer dollars, to deprive individuals residing in the United States of their rights under the Constitution of the United States. The President may not submit the certification described in paragraph (1) before the date that is 4 years after the date of the enactment of this Act. Any sanctions terminated pursuant to paragraph (1) shall be reimposed with immediate effect if the President determines that the Government of El Salvador resumes engaging in gross violations of internationally recognized human rights or the scheme described in paragraph (1)(B). The head of any Federal agency responsible for the implementation of this section may prescribe such regulations as may be necessary to carry out the provisions of this section (which may include regulatory exceptions), including under section 205 of the International Emergency Economic Powers Act (50 U.S.C. 1704). Nothing in this section may be construed to limit the authority of the President pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).

4. Assistance to Government of El Salvador provided through international financial institutions The Secretary of the Treasury shall instruct the United States Executive Directors of the international financial institutions to use the voice and vote of the United States in those institutions— to oppose any loan or extension of financial or technical assistance to the Government of El Salvador; and to suspend any such loan or assistance provided before the date of the enactment of this Act. Subsection (a) shall not apply to loans or financial or technical assistance provided for humanitarian purposes. Subsection (a) shall terminate on the date on which the President submits a certification under section 3(f)(1). In this section, the term international financial institution has the meaning given that term in section 1701(c) of the International Financial Institutions Act (22 U.S.C. 262r(c)).

5. Report on cryptocurrency as a vector for Bukele regime corruption Not later than 90 days after the date of the enactment of this Act, the Secretary of State, in consultation with the Secretary of the Treasury, shall submit to the appropriate congressional committees a report on the actions of officials of the Government of El Salvador, including President Nayib Bukele, to use cryptocurrency as a mechanism for gross corruption, graft, and sanctions evasion. The report required by subsection (a) shall include— an estimate of the amount of funds used by the Government of El Salvador to buy Bitcoin and other cryptocurrencies; a list of exchanges through which the Government of El Salvador bought Bitcoin and other cryptocurrencies; the addresses of the locations where the Government of El Salvador deposited Bitcoin and other cryptocurrencies; a list of individuals who have access to the Bitcoin and other cryptocurrencies bought by the Government of El Salvador; an assessment of existing gaps in the use of Bitcoin and cryptocurrencies by the Government of El Salvador being exploited for corruption; and an assessment of whether Bitcoin or other cryptocurrencies have been used in El Salvador as a vector to evade financial sanctions imposed on other countries. The report required by subsection (a) shall be submitted in unclassified form, but may include a classified annex. The unclassified portion of the report required by subsection (a) shall be made available to the public on a publicly accessible internet website of the Department of State.

6. Prohibition on making funds available to Government of El Salvador None of the funds authorized to be appropriated or otherwise made available by Congress may be made available to the Government of El Salvador until the President submits a certification under section 3(f)(1).