TREATMENT OF FORFEITED PROPERTY OF TRANSNATIONAL CRIMINAL ORGANIZATIONS.

SEC. 3105. [21 U.S.C. 2355] TREATMENT OF FORFEITED PROPERTY OF TRANSNATIONAL CRIMINAL ORGANIZATIONS. (a) Transfer of Forfeited Property to Forfeiture Funds.— (1) In general.—Any covered forfeited property shall be deposited into the Department of the Treasury Forfeiture Fund established under section 9705 of title 31, United States Code, or the Department of Justice Assets Forfeiture Fund established under section 524(c) of title 28, United States Code. (2) Report required.—Not later than 180 days after the date of the enactment of this division, 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. (3) Covered forfeited property defined.—In this subsection, the term “covered forfeited property” means property— (A) forfeited to the United States under chapter 46 or section 1963 of title 18, United States Code; and (B) that belonged to or was possessed by an individual affiliated with or connected to a transnational criminal organization subject to sanctions under— (i) this subtitle; (ii) the Fentanyl Sanctions Act (21 U.S.C. 2301 et seq.); or (iii) Executive Order 14059 (50 U.S.C. 1701 note; relating to imposing sanctions on foreign persons involved in the global illicit drug trade). (b) Blocked Assets Under Terrorism Risk Insurance Act of 2002.—Nothing in this subtitle 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).