The EL CHAPO Act aims to ensure the lawful collection of hidden assets to provide order. This bill focuses on seizing assets from drug traffickers and using the proceeds to fund border security, including the construction of a wall along the U.S.-Mexico border. It proposes that any funds forfeited from Joaquín "El Chapo" Guzmán and other drug lords be allocated towards enhancing border security measures. The bill's main provisions include directing these seized funds towards border security efforts and preventing drug trafficking organizations from benefiting financially. The significant impact of this bill would be an increase in resources for border security initiatives through utilizing seized assets from notorious drug traffickers.
2023-03-24: Introduced in House
2023-03-24: Referred to the House Committee on the Judiciary.
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