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S 3496 Advanced toward a vote

Requires the Secretary of State to develop a multi-year strategy to combat illicit gold mining in the Western Hemisphere and directs federal agencies to investigate Venezuela's illicit gold trade.

Official title: United States Legal Gold and Mining Partnership Act

Next stop Senate floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
Senate
Introduced 16-DEC-2025
Referred 16-DEC-2025
Approved by committee 29-JAN-2026
Reported 10-FEB-2026
On the calendar 10-FEB-2026
Key points
  • Requires the Secretary of State to submit a Legal Gold and Mining Partnership Strategy to Congress within 180 days of enactment, then brief committees semiannually for three years.
  • Requires a classified briefing within 90 days on illicit gold mining in Venezuela and Venezuela's gold trade with foreign governments.
  • Directs the Secretary of State, Treasury Secretary, and Attorney General to lead international financial investigations of assets tied to illicit gold activity in Venezuela.
  • Adds precious metals sanctions to the factors considered when identifying primary money laundering concerns under 31 U.S.C. 5318A.
AI-generated from the Reported to Senate text of 10-FEB-2026 · verify · report an error
Official CRS summary

No CRS summary yet. CRS writes one for most bills, often months after they move.

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Committee referrals (1) Policy area

International Affairs

Sponsor John Cornyn (R-TX) Cosponsors · 3
■ 2 D■ 1 R
2 Democrats
1 Republican