[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5248 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 5248
To ensure the alignment of economic and foreign policies, to position
the Department of State to reflect that economic security is national
security, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
September 10, 2025
Mrs. Kim introduced the following bill; which was referred to the
Committee on Foreign Affairs
_______________________________________________________________________
A BILL
To ensure the alignment of economic and foreign policies, to position
the Department of State to reflect that economic security is national
security, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
TITLE V--ECONOMIC AFFAIRS
SEC. 501. UNDER SECRETARY FOR ECONOMIC AFFAIRS.
(a) Establishment.--There shall be in the Department an Under
Secretary for Economic Affairs who shall be responsible to the
Secretary for matters pertaining to economic growth, commercial
expansion, energy, technology policy and innovation, scientific
research, commercial outer space affairs, critical minerals, water and
the environment, protection of natural resources, sanctions policies,
and such other related duties as the Secretary may from time to time
designate.
(b) Responsibilities.--In addition to the responsibilities
described under subsection (a), the Under Secretary for Economic
Affairs shall maintain continuous observation and coordination of all
matters pertaining to economic and business affairs in the conduct of
foreign policy, including, as appropriate, the following:
(1) Preparing an annual strategic plan for expanding
opportunities for United States private sector companies in
international markets, coordinating the use of sanctions to
achieve national security objectives, promoting international
trade and investment, developing international policies around
new and emerging technologies, ensuring United States
leadership in science and technology, protecting natural
resources, and promoting United States energy interests.
(2) Developing policies for consideration by the Secretary
to promote economic growth, facilitate market access, create
business enabling environments abroad, expand trade and
investment opportunities for United States companies, promote
United States energy exports and energy security, conserve and
manage economically important ecosystems and resources, expand
access to critical minerals abroad, support United States civil
and commercial space governance, promote international
standards, policies, and best practices for emerging technology
that facilitate United States economic growth, and safeguard
the preeminence of the United States dollar in international
markets.
(3) Promoting United States international economic
interests to be addressed in the Biannual National Economic
Security Strategy Report, coordinated by the Office of the
Chief Economist.
(4) Attending and participating in meetings of the National
Security Council, and National Space Council, when applicable,
at the direction of the Secretary, for matters related to
economic growth, energy, and commercial expansion, commercial
outer space affairs, oceans, science and technology
developments, natural resource protection, and fulfill the role
of Foreign Affairs Sous Sherpa relating to the activities of
the Group of Seven Industrial Nations (G-7).
(5) Providing guidance to Department personnel in the
United States and overseas who conduct or implement policies,
programs, and activities related to economic growth, energy,
and commercial expansion, science and technology affairs,
natural resource conservation, and civil and commercial
activities in outer space.
(6) Coordinating activities related to promoting economic
growth, facilitating market access, creating business enabling
environments abroad, expanding trade and investment
opportunities, promoting of energy exports, conserving and
managing economically important ecosystems and resources,
expanding access to critical minerals, maintaining United
States leadership in science, technology, and outer space, and
safeguarding the preeminence of the United States dollar in
international markets.
(7) As directed by the Secretary, representing the
Department at interdepartmental meetings including the National
Economic Council, Homeland Security Council, Council on
Environmental Quality, and in providing policy advice to the
Secretary on matters under consideration by these groups.
(c) First Appointment.--On the date of the enactment of this Act,
the individual serving before such date of enactment as the Under
Secretary for Economic Growth, Energy and the Environment shall be the
Under Secretary for Economic Affairs. Any subsequent appointment of an
individual to the position of Under Secretary for Economic Affairs
shall be subject to the advice and consent of the Senate.
SEC. 502. ADMINISTRATION OF THE INTERNATIONAL TECHNOLOGY SECURITY AND
INNOVATION FUND.
Section 102(c) of the CHIPS Act of 2022 (Public Law 117-167; 136
Stat. 1375) is amended--
(1) in paragraph (1)--
(A) by inserting ``, acting through the Under
Secretary of State for Economic Affairs'' after
``Secretary of State''; and
(B) by adding at the end the following: ``Within
the Department of State, the Fund shall be overseen and
administered by the Under Secretary for Economic
Affairs.''.
(2) in paragraph (2)(B), by inserting ``, acting through
the Under Secretary of State for Economic Affairs'' after
``Secretary of State''.
SEC. 503. AUTHORIZATION OF APPROPRIATIONS FOR ECONOMIC AFFAIRS.
(a) Administration of Accounts.--The Under Secretary for Economic
Affairs shall direct, oversee, and otherwise exercise responsibility of
funds made available for the International Technology Security and
Innovation Fund.
(b) Authorization of Appropriations.--Of the funds authorized to be
appropriated to the Secretary of State under section 141, the Under
Secretary for Economic Affairs shall receive the funds necessary to
fulfill the Under Secretary's responsibilities for fiscal years 2026
and 2027.
SEC. 504. CHIEF ECONOMIST.
(a) Establishment.--There is authorized to be in the Department a
Chief Economist who shall be responsible to the Under Secretary for
Economic Affairs for matters pertaining to analyzing and forecasting
the impact of economic trends on diplomatic functions and national
security priorities, and such other related duties as the Secretary may
from time to time designate.
(b) Responsibilities.--In addition to the responsibilities
described under subsection (a), the Chief Economist shall provide
research and analysis to inform the Department's strategy for deploying
international economic policy to strengthen alliances, deter malign
foreign actors, and reduce dependencies on strategic rivals in the
conduct of foreign policy, including, as appropriate, the following:
(1) Providing research and analysis to inform the
development of the Department's strategy for deploying foreign
policy to ensure supply chain resilience, secure access to raw
materials and critical minerals, and maximize international
market access.
(2) Providing analysis of complex, emerging geoeconomic
issues and offer advice to Department leadership on economic
diplomacy challenges.
(3) Conducting research and rigorous, data-driven analysis
of high priority issues at the intersection of economics and
foreign policy to inform decision-making and diplomatic
engagements by senior Department officials.
(4) Maintaining analytical products for the Department on
international economic issues, including on sanctions evasion
and the vulnerabilities of the United States and its partners
to economic coercion, as well as the economic opportunities for
United States businesses.
(5) Contributing to the expansion of the economic expertise
of the Department through collaboration with the Foreign
Service Institute, the academic community, international
organizations, and other Federal departments and agencies the
Chief Economist determines necessary.
(6) Serving as a liaison to technical experts in economics
and related fields in partner governments, international
institutions, and elsewhere in the United States government and
academic community.
(7) Performing such other duties as the Under Secretary for
Economic Affairs may from time to time designate.
(c) Report.--Not later than one year after the date of the
enactment of this section, and every two years for the subsequent four
years, the Chief Economist shall transmit to Congress a report on the
international economic strategy of the United States and its analytical
basis. In preparing the report, the Chief Economist shall coordinate
input and analysis from other bureaus within the Under Secretary for
Economic Affairs.
SEC. 505. OFFICE OF THE CHIEF ECONOMIST.
(a) Establishment.--The Secretary shall establish an Office of the
Chief Economist, which shall perform such functions related to the
provision of expert economic advice and analysis, as the Under
Secretary for Economic Affairs may prescribe.
(b) Chief Economist.--The Chief Economist shall be the head of the
Office of the Chief Economist.
SEC. 506. AUTHORIZATION OF APPROPRIATIONS FOR THE CHIEF ECONOMIST.
Of the funds authorized to be appropriated to the Under Secretary
for Economic Affairs under section 503, the Chief Economist shall
receive the funds necessary to fulfill Office functions and the Chief
Economist's responsibilities for fiscal years 2026 and 2027.
SEC. 507. ASSISTANT SECRETARY FOR COMMERCIAL DIPLOMACY.
(a) Establishment.--There is authorized to be in the Department an
Assistant Secretary?for Commercial Diplomacy who shall be responsible
to the Under Secretary for Economic Affairs for matters pertaining to
the trade and investment promotion and policy, international finance
and development, transportation affairs, and such other related duties
as the Secretary may from time to time designate.
(b) Responsibilities.--In addition to the responsibilities
described under subsection (a), the Assistant Secretary for Commercial
Diplomacy shall be responsible for leading Department policies and
programs, and coordinating with other United States agencies as
appropriate, for all matters pertaining to the following:
(1) Trade and investment promotion, such as--
(A) assisting and advocating for United States
businesses and commercial interests overseas;
(B) identifying foreign market opportunities for
United States businesses and helping United States
firms overcome challenges in foreign business climates;
(C) helping United States companies compete for and
win contracts in foreign markets;
(D) attracting foreign investment into the United
States by identifying high potential businesses in
foreign countries;
(E) ensuring United States private sector concerns
are integrated into United States foreign policy and
economic policy; and
(F) promoting international commercial projects
that advance the national security interests of the
United States, regardless of domestic content
thresholds.
(2) International trade policy, including negotiating and
implementing trade agreements, resolving trade disputes,
bolstering supply chain resilience, and protecting intellectual
property rights.
(3) International investment policy, including monitoring
international investment climates, negotiating and implementing
investment agreements, representing the Department in the
Committee on Foreign Investment in the United States, and
assisting United States companies involved in investment
disputes with foreign governments.
(4) Development finance, including the mobilization of
private, bilateral, and multilateral development finance for
developing countries, particularly investments focused on
infrastructure projects.
(5) The negotiation and extension of debt relief and
sovereign loan guarantees for United States allies and
partners.
(6) The promotion of sound, transparent, and stable
economic policies overseas.
(7) Perform such other duties as the Under Secretary for
Economic Affairs may from time to time designate.
(c) First Appointment.--On the date of the enactment of this Act,
the individual serving before such date of enactment as the Assistant
Secretary for Economic and Business Affairs shall be the Assistant
Secretary for Commercial Diplomacy. Any subsequent appointment of an
individual to the position of Assistant Secretary for Commercial
Diplomacy shall be subject to the advice and consent of the Senate.
SEC. 508. BUREAU OF COMMERCIAL DIPLOMACY.
(a) Establishment.--The Secretary shall establish a Bureau of
Commercial Diplomacy which shall perform such functions related to
trade and investment promotion and policy, international finance and
development, and transportation affairs, as the Under Secretary for
Economic Affairs may prescribe.
(b) Assistant Secretary.--The Assistant Secretary for Commercial
Diplomacy shall be the head of the Bureau of Commercial Diplomacy.
SEC. 510. ENHANCING SUBNATIONAL DIPLOMACY.
(a) Establishment.--There shall be established in the Department an
Office of Subnational Diplomacy. The Office shall enable the
Department's work with subnational governments (state, county, city,
and municipal) within the United States to improve the ability of
subnational governments to attract foreign investment, counter foreign
malign influence within the United States, and contribute to the
foreign policy priorities of the United States.
(b) Coordinator.--The head of the Office shall be the Coordinator
for Subnational Diplomacy. The head of the office shall report through
the Assistant Secretary for Commercial Diplomacy to the Under Secretary
for Economic Affairs.
(c) Responsibilities.--In addition to the responsibilities
described under subsection (a), the Coordinator for Subnational
Diplomacy shall maintain continuous observation and coordination of all
matters pertaining to subnational diplomacy and Department engagements
with subnational governments in the conduct of foreign policy,
including the following:
(1) Advising the Under Secretary for Economic Affairs on
subnational engagements within the United States and serve as
the principal official on such matters within the Department.
(2) Coordinating the Department's support for local and
municipal governments' engagements with foreign governments.
(3) Advising subnational government officials on the
potential risks of engagements with countries of concern and
share best practices to build resilience against foreign
political interference and malign influence.
(4) Assisting subnational governments in the following
areas:
(A) Attracting or bidding to host major
international events.
(B) Tracking foreign direct investment at the
county and municipal levels to highlight trends and
opportunities.
(C) Attracting foreign direct investment and other
forms of economic cooperation.
(D) Building the capacity and knowledge of
subnational government staff who have responsibility
for engaging with foreign countries.
(E) Advancing sports diplomacy with foreign
countries and entities.
(F) Implementing programs to cooperate with foreign
governments and entities on policy priorities or
managing shared resources.
(G) Understanding the local implications of foreign
policy developments or policy changes.
(5) Supporting the economic interests of the United States
through subnational engagements, in consultation and
coordination with other relevant agencies.
(6) Advising and informing local officials as they
negotiate agreements and memoranda of understanding with
foreign governments related to subnational engagements and
priorities.
(7) Coordinating subnational engagements with associations
of subnational elected leaders, including the United States
Conference of Mayors, National Governors Association, National
League of Cities and similar associations.
(8) Performing other such duties as the Assistant Secretary
for Commercial Diplomacy and the Under Secretary for Economic
Affairs may from time to time designate.
SEC. 511. AUTHORIZATION OF APPROPRIATIONS FOR COMMERCIAL DIPLOMACY.
Of the funds authorized to be appropriated to the Under Secretary
for Economic Affairs under section 503, the Assistant Secretary for
Commercial Diplomacy shall receive the funds necessary to fulfill
Bureau functions and the Assistant Secretary's responsibilities for
fiscal years 2026 and 2027.
SEC. 512. ASSISTANT SECRETARY FOR WATER, ENVIRONMENT, AND SPACE
AFFAIRS.
(a) Establishment.--There is authorized to be in the Department an
Assistant Secretary for Water, Environment, and Space Affairs who shall
be responsible to the Under Secretary for Economic Affairs for matters
pertaining to space, oceans, polar affairs, environmental quality,
freshwater, fisheries, wildlife and wildlife trafficking, conservation,
and such other related duties as the Secretary may from time to time
designate.
(b) Responsibilities.--In addition to the responsibilities
described under subsection (a), the Assistant Secretary for Water,
Environment, and Space Affairs shall maintain continuous observation
and coordination of all matters pertaining to oceans, fisheries,
natural resource conservation, and outer space in the conduct of
foreign policy, including, as appropriate, the following:
(1) Developing United States policy on global environmental
security issues with respect to oceans, fisheries, Antarctic
region, waste and global pollution, and natural resource
management and conservation, including water.
(2) Representing the Department in bilateral and
multilateral negotiations involving the law of the sea,
including freedom of navigation and overflight and other lawful
uses of the ocean; maritime security; United States maritime
zones, including the United States extended continental shelf;
marine science; sustainable management and protection of marine
habitats and resources; marine pollution; and maritime claims
and boundaries.
(3) Leading United States engagement on Antarctica and in
international oceans agreements and conventions with foreign
governments and international organizations to promote
solutions that advance United States national security,
economic, and environmental interests.
(4) Coordinating the development of policies and programs
to conserve and manage economically important ecosystems,
including, forests, wetlands, drylands, and coral reefs.
(5) Developing policies and programs to address
international threats to natural resources including but not
limited to illicit trade; illegal, unreported and unregulated
fishing; wildlife trafficking; and illegal logging and
associated trade.
(6) Developing and implementing United States foreign
policy related to air, water and soil pollution and risks to
human health and the environment caused by the transboundary
movement of hazardous chemicals and waste and other forms of
pollution to promote environmental security with trade partners
and in multilateral institutions.
(7) Representing the Department in bilateral and
multilateral engagements including organizations, institutions,
and negotiation of international agreements on related issues.
(8) Developing policies and programs, in coordination with
the National Aeronautics and Space Administration, the
Department of Commerce, and other relevant Federal departments
and agencies, as appropriate, to support partnerships between
the United States and international and private industry
partners in the development of infrastructure and policies that
expand economic growth in outer space, including--
(A) countering malign efforts by foreign
adversaries and other actors that threaten United
States interests in civil and commercial space;
(B) expanding access to foreign markets for United
States commercial industry, including by encouraging
reforms that reduce barriers to trade and cooperation
with United States civil and commercial space actors;
and
(C) providing assistance to foreign governments and
organizations, including national, regional, and
international institutions, on such terms and
conditions as the Secretary may determine.
(9) Leading bilateral and multilateral engagements related
to civil and commercial space activities, resilient space
services, burden sharing, and other matters related to
international space law and diplomacy and other United States
international obligations and commitments.
(10) In accordance with the National Space Policy, leading
United States Government engagement with international Global
Navigation Satellite Systems providers to ensure compatibility
and encourage interoperability of civil global navigation
satellite services based on United States-based global
positioning systems, including through the International
Committee on Global Navigation Satellite Systems.
(11) Leading Department efforts to implement international
arrangements and promote cooperation on Earth observation
satellite systems.
(12) Leading Department engagement in multilateral and
bilateral forums on international space policy, space law, and
commercial and civil treaties or agreements.
(13) Leading Department efforts on transparency in space by
maintaining the official United States space object registry
and promoting best practices for safe operations in space,
preservation of the space environment, space traffic
coordination, and space situational awareness.
(14) Leading Department efforts to align foreign space law,
regulatory, and policy frameworks with United States-endorsed
models, approaches, and best practices.
(15) Performing such other duties as the Under Secretary
for Economic Affairs may from time to time designate.
(c) First Appointment.--On the date of the enactment of this Act,
the individual serving as the Assistant Secretary for Oceans and
International Environmental and Scientific Affairs on the day before
such date of enactment shall be the Assistant Secretary for Water,
Environment, and Space Affairs. Any subsequent appointment of an
individual to the position of Assistant Secretary for Water,
Environment, and Space Affairs shall be subject to the advice and
consent of the Senate.
SEC. 513. BUREAU OF WATER, ENVIRONMENT, AND SPACE AFFAIRS.
(a) Establishment.--The Secretary shall establish a Bureau of
Water, Environment, and Space Affairs, which shall perform such
functions related to space, oceans, environmental quality, fisheries,
wildlife, and wildlife trafficking, and conservation affairs, as the
Under Secretary for Economic Affairs may prescribe.
(b) Assistant Secretary.--The Assistant Secretary for Water,
Environment, and Space Affairs shall be the head of the Bureau of
Water, Environment, and Space Affairs.
SEC. 514. AUTHORIZATION OF APPROPRIATIONS FOR WATER, ENVIRONMENT, AND
SPACE AFFAIRS.
Of the funds authorized to be appropriated to the Under Secretary
for Economic Affairs under section 503, the Assistant Secretary for
Water, Environment, and Space Affairs shall receive the funds necessary
to fulfill Bureau functions and the Assistant Secretary's
responsibilities for fiscal years 2026 and 2027.
SEC. 515. ASSISTANT SECRETARY FOR ENERGY SECURITY AND DIPLOMACY.
(a) Establishment.--There is authorized to be in the Department an
Assistant Secretary for Energy Security and Diplomacy who shall be
responsible to the Under Secretary for Economic Affairs for all matters
pertaining to the formulation and implementation of international
energy, energy technology, critical minerals, and relevant supply chain
policies in the conduct of foreign policy by the Department, including,
as appropriate, to protect United States energy security interests,
lead the coordination of energy programs carried out by United States
Government agencies abroad, and such other related duties as the
Secretary may from time to time designate.
(b) Responsibilities.--In addition to the responsibilities
described under subsection (a), the Assistant Secretary for Energy
Security and Diplomacy shall maintain continuous observation and
coordination of all matters pertaining to the development of policies
to secure access to international energy markets and diversify critical
mineral supply chains in the conduct of foreign policy, including, as
appropriate, the following:
(1) Representing the Secretary in interagency efforts to
develop the international energy policy of the United States.
(2) Leading the analysis, formulation, and implementation
of international policies aimed at protecting and advancing
United States energy interests.
(3) Effectively managing United States bilateral and
multilateral relations and, as directed by the Secretary,
representing the Secretary in relevant international fora and
organizations, including the International Energy Agency, to
bolster global energy security and advance the interests of the
United States.
(4) Ensuring that analyses of the national security and
economic security implications of global energy developments
are reflected in the decision-making processes within the
Department.
(5) Incorporating energy and critical mineral security
priorities into the activities of the Department.
(6) Coordinating energy activities of the Department with
relevant Federal departments and agencies, including the
Departments of Energy, Commerce, Defense, and Interior, and the
Development Finance Corporation to promote United States energy
security and energy development to support United States
national security readiness.
(7) Coordinating with the Bureau of Sanctions Policy on
economic sanctions pertaining to the international energy
sector.
(8) Coordinating energy security and other relevant
functions within the Department currently undertaken by--
(A) the Bureau of Commercial Diplomacy;
(B) the Bureau of Water, Environment, and Space
Affairs;
(C) the Bureau of Arms Control and
Nonproliferation; and
(D) other bureaus and offices within the
Department.
(9) Working internationally to--
(A) support the development of energy technologies,
natural resources, critical minerals, and supply chains
for the benefit of the United States and United States
allies and trading partners for their energy security
and economic development needs;
(B) promote secure and diversified energy and
critical minerals supply chains, and a well-functioning
global market for energy resources, energy
technologies, critical minerals;
(C) resolve international disputes regarding the
exploration, development, production, or distribution
of energy and critical minerals resources where the
United States strategic interests are present;
(D) support the economic and commercial interests
of United States persons operating in the energy
markets of foreign countries; and
(E) support and coordinate international efforts to
alleviate energy poverty, enhance energy access and
energy efficiency to promote United States strategic
interests and offer alternatives to adversary
initiatives for United States allies and partners.
(10) Conducting public diplomacy with regard to United
States international energy policy to strengthen transparency
and governance.
(11) Performing such other duties as the Under Secretary
for Economic Affairs may from time to time designate.
(c) Annual Report.--Not later than one year after the date of the
enactment of this section, and annually thereafter for three years, the
Assistant Secretary for Energy Security and Diplomacy shall submit to
Congress a report on the United States international energy strategy.
SEC. 516. BUREAU OF ENERGY SECURITY AND DIPLOMACY.
(a) Establishment.--The Secretary shall establish a Bureau of
Energy Security and Diplomacy, which shall perform such functions
related to the formulation and implementation of international energy,
energy technology, critical minerals, and relevant supply chain
policies, as the Under Secretary for Economic Affairs may prescribe.
(b) Assistant Secretary.--The Assistant Secretary for Energy
Security and Diplomacy shall be the head of the Bureau of Energy
Security and Diplomacy.
SEC. 517. AUTHORIZATION OF APPROPRIATIONS FOR ENERGY SECURITY AND
DIPLOMACY.
Of the funds authorized to be appropriated to the Under Secretary
for Economic Affairs under section 503, the Assistant Secretary for
Energy Security and Diplomacy shall receive the funds necessary to
fulfill Bureau functions and the Assistant Secretary's responsibilities
for fiscal years 2026 and 2027.
SEC. 518. ASSISTANT SECRETARY FOR SANCTIONS POLICY.
(a) Establishment.--There is authorized to be in the Department an
Assistant Secretary for Sanctions Policy, who shall be responsible to
the Under Secretary for Economic Affairs for matters pertaining to the
development of policies governing the imposition of sanctions, in
consultation with the Under Secretary for International Security
Affairs and the Assistant Secretary for Arms Control and
Nonproliferation as appropriate, and such other related duties as the
Secretary may from time to time designate.
(b) Responsibilities.--In addition to the responsibilities
described under subsection (a), the Assistant Secretary for Sanctions
Policy shall maintain continuous observation and coordination of all
matters pertaining to the development and implementation of sanctions
policies as part of United States diplomatic strategies in the conduct
of foreign policy, including, as appropriate, the following:
(1) Developing the foreign policy strategy of United States
sanctions programs, including consideration of the use of
sanctions in combination with other United States foreign
policy tools and the political and economic implications of
sanction policies.
(2) Coordinating the effective implementation and
enforcement of sanctions, including all activities, policies,
and programs pertaining to sanctions within the Department.
(3) Coordinating sanctions policy with foreign partners and
allies to ensure the maximum effectiveness of sanctions imposed
by the United States and such allies and partners.
(4) Consulting regularly with a broad range of stakeholders
on the implications of United States sanctions policy for
United States economic interests.
(5) Contributing to the reports to Congress produced by the
Chief Economist.
(6) Leading the Department's efforts to identify and
designate individuals for visa sanctions related to human
rights violations.
(7) Developing policies and programs, in coordination with
the Department of the Treasury and other Federal departments
and agencies as necessary and with foreign partners, to combat
money laundering, terrorist financing, cybercrimes, and other
illicit financial activities.
(8) Representing the Department in all interagency groups
or organizations within the executive branch that plan, assess,
analyze, or review United States sanctions policies, such as
interagency groups organized under the auspices of the
Department of the Treasury, the Department of Commerce, and the
Department of Homeland Security.
(9) Performing such other duties as the Under Secretary for
Economic Affairs may from time to time designate.
(c) Redelegation of Authority.--The Secretary may delegate, or
authorize successive redelegation of, authority to the Assistant
Secretary for Sanctions Policy to act and to render decisions, with
respect to all sanctions policies administered by the Department.
Within the limitations of such delegations, redelegations, or
assignments, all official acts and decisions by the Assistant Secretary
for Sanctions Policy shall have the same force and effect as though
performed or rendered by the Secretary.
(d) First Appointment.--On the date of the enactment of this Act,
the individual serving before such date of enactment as the Coordinator
for Sanctions shall be the Assistant Secretary for Sanctions Policy.
Any subsequent appointment of an individual to the position of
Assistant Secretary for Sanctions Policy shall be subject to the advice
and consent of the Senate.
SEC. 519. BUREAU OF SANCTIONS POLICY.
(a) Establishment.--The Secretary shall establish a Bureau of
Sanctions Policy, which shall perform such functions related to the
development of policies governing the imposition of sanctions and
sanctions strategies, as the Under Secretary for Economic Affairs may
prescribe.
(b) Assistant Secretary.--The Assistant Secretary for Sanctions
Policy shall be the head of the Bureau of Sanctions Policy.
SEC. 520. AUTHORIZATION OF APPROPRIATIONS FOR SANCTIONS POLICY.
Of the funds authorized to be appropriated to the Under Secretary
for Economic Affairs under section 503, the Assistant Secretary for
Sanctions Policy shall receive the funds necessary to fulfill Bureau
functions and the Assistant Secretary's responsibilities for fiscal
years 2026 and 2027.
SEC. 521. REFERENCES.
Any reference in any statute, reorganization plan, Executive order,
regulation, agreement, determination, or other official document or
proceeding to--
(1) the Under Secretary for Economic Growth, Energy and the
Environment shall be deemed to refer to the Under Secretary for
Economic Affairs;
(2) the Assistant Secretary for Economic and Business
Affairs shall be deemed to refer to the Assistant Secretary for
Commercial Diplomacy;
(3) the Bureau for Economic and Business Affairs shall be
deemed to refer to the Bureau for Commercial Diplomacy;
(4) the Assistant Secretary for Oceans and International
Environmental and Scientific Affairs shall be deemed to refer
to the Assistant Secretary for Water, Environment, and Space
Affairs;
(5) the Bureau for Oceans and International Environmental
and Scientific Affairs shall be deemed to refer to the Bureau
for Water, Environment, and Space Affairs;
(6) the Sanctions Coordinator shall be deemed to refer to
the Assistant Secretary for Sanctions Policy; and
(7) the Office of the Sanctions Coordinator shall be deemed
to refer to the Bureau of Sanctions Policy.
SEC. 522. CLASSIFICATION IN UNITED STATES CODE.
(a) The Office of Law Revision Counsel is directed to--
(1) utilize sections 129-159 of title 22, United States
Code, to classify the sections of this title; and
(2) maintain the legislative history, under editorial
notes, of repealed law which previously occupied the
corresponding sections of United States Code.
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