S. 4883: A bill to amend the Export Control Reform Act of 2018 to increase the civil penalties that may be imposed under that Act.

S. 4883 is a federal bill in the 119th Congress. Before this change, companies facing civil penalties for breaking export control laws could be fined up to 300,000 dollars or twice the value of the transaction, whichever was greater. After this change takes effect, the maximum penalty quadruples to 1.2… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.