BRAVE Burma Act

This bill extends and expands a law imposing sanctions on Burma. The bill also requires the President to appoint a Special Envoy for Burma. Current law authorizes, and in some cases requires, the President to impose sanctions on certain Burmese state-owned enterprises, Burmese officials and family members, and other foreign persons. The bill extends this law through December 23, 2032. The bill also requires the President to annually determine, for the next seven years, whether the Myanma Oil and Gas Enterprise, the Myanma Economic Bank, or foreign persons operating in Burma's jet fuel sector meet the criteria for required sanctions under (1) the previously mentioned law; or (2) Executive Order 14014 , Blocking Property With Respect to the Situation in Burma . The U.S. Executive Director at the International Monetary Fund (IMF) must advocate and vote to limit any increase to Burma's IMF shareholding while Burma's State Administrative Council is in power. (The State Administrative Council is the junta installed after Burma's 2021 military coup.) The President must appoint a Special Envoy for Burma with the advice and consent of the Senate. The envoy shall have the rank and status of ambassador and be responsible for coordinating all aspects of U.S. policy regarding Burma, including sanctions, arms embargoes, and assistance to the people of Burma.