Increases civil penalties for violations of the Export Control Reform Act of 2018.

This bill amends the Export Control Reform Act of 2018 to increase the maximum civil penalties for violations. The maximum fine rises from $300,000 to $1,200,000, and the penalty based on the transaction value increases from twice to four times the value of the transaction. These changes apply to violations committed after the bill's enactment.

Increases civil penalties for violations of the Export Control Reform Act of 2018.

This bill amends the Export Control Reform Act of 2018 to increase the maximum civil penalties for violations. The maximum fine rises from $300,000 to $1,200,000, and the penalty based on the transaction value increases from twice to four times the value of the transaction. These changes apply to violations committed after the bill's enactment.