Title 21 — Food and Drugs
Chapter 28A — Fentanyl Eradication and Narcotics Deterrence Off Fentanyl
§ 2355. Treatment of forfeited property of transnational criminal organizations
Statutory text
Transfer of forfeited property to forfeiture funds
In general
Any covered forfeited property shall be deposited into the Department of the Treasury Forfeiture Fund established under section 9705 of title 31 or the Department of Justice Assets Forfeiture Fund established under section 524(c) of title 28.
Report required
Not later than 180 days after , and every 180 days thereafter, the President shall submit to the appropriate congressional committees a report on any deposits made under paragraph (1) during the 180-day period preceding submission of the report.
Covered forfeited property defined
In this subsection, the term “covered forfeited property” means property—
forfeited to the United States under chapter 46 or section 1963 of title 18; and
that belonged to or was possessed by an individual affiliated with or connected to a transnational criminal organization subject to sanctions under—
this subchapter;
the Fentanyl Sanctions Act (21 U.S.C. 2301 et seq.); or
Executive Order 14059 (50 U.S.C. 1701 note; relating to imposing sanctions on foreign persons involved in the global illicit drug trade).
Blocked Assets Under Terrorism Risk Insurance Act of 2002
Nothing in this subchapter may be construed to affect the treatment of blocked assets of a terrorist party described in section 201(a) of the Terrorism Risk Insurance Act of 2002 (28 U.S.C. 1610 note).
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 118–50 div. E title I § 3105 · 138 Stat. 938
Enacted · 21 U.S.C. § 2355
(Pub. L. 118–50, div. E, title I, § 3105, Apr. 24, 2024, 138 Stat. 938.)
Unresolved: Pub. L. 118–50 was not found in the local Statutes at Large index.
Source evidence
Code source credit
(Pub. L. 118–50, div. E, title I, § 3105, Apr. 24, 2024, 138 Stat. 938.)
0 of 1 references resolved to an enrolled provision · 1 unresolved
Editorial Notes
References in Text
The Fentanyl Sanctions Act, referred to in subsec. (a)(3)(B)(ii), is title LXXII of div. F of Pub. L. 116–92, which is classified principally to chapter 28 (§ 2301 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 2301 of this title and Tables.
Section 201(a) of the Terrorism Risk Insurance Act of 2002, referred to in subsec. (b), is section 201(a) of Pub. L. 107–297, which is set out as a note under section 1610 of Title 28, Judiciary and Judicial Procedure.