H.R. 4765 would direct the Department of the Treasury to report to the Congress within one year of enactment on the financial activities of China and Chinese entities with respect to the finances of Afghanistan and the Taliban, including activities that support illicit financial networks. The report also would include recommendations of legislative or regulatory improvements that could be made to better identify and disrupt such illicit networks.
Using information about the cost of similar reports, CBO estimates that implementing the bill would have an insignificant cost. Any spending would be subject to the availability of appropriated funds.