3.0.0 6068 2023-01-11T13:42:23Z 2023-01-11T13:42:23Z House HR 2018-06-12 115 [Congressional Record Volume 164, Number 97 (Tuesday, June 12, 2018)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. PEARCE:H.R. 6068.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3: ``The Congress shall havepower . . . To regulate commerce with foreign nations, andamong the several states, and with the Indian tribes.''[Page H5093]]]> hsba00 Financial Services Committee House Standing hsba01 Terrorism and Illicit Finance Subcommittee Hearings by 2017-11-29T21:33:34Z Referred to 2018-06-12T16:01:00Z Bank Secrecy Innovation Act 115 6849 HR 2018-09-20 Referred to the House Committee on Financial Services. Related bill CRS Financial Reporting Threshold Modernization Act 115 6850 HR 2018-09-20 Referred to the House Committee on Financial Services. Related bill CRS To streamline requirements for currency transaction reports and suspicious activity reports, and for other purposes. 115 6892 HR 2018-09-25 Referred to the House Committee on Financial Services. Related bill CRS Bank Secrecy Reporting Review Act 115 6851 HR 2018-09-20 Referred to the House Committee on Financial Services. Related bill CRS To amend title 31, United States Code, with respect to sharing of suspicious activity reports within a financial group, and for other purposes. 115 6853 HR 2018-09-20 Referred to the House Committee on Financial Services. Related bill CRS To require the Treasury to take a more prominent role in coordinating AML/CFT policy and examinations across the Government, and for other purposes. 115 6858 HR 2018-09-20 Referred to the House Committee on Financial Services. Related bill CRS To amend title 31, United States Code, with respect to FinCEN no-action letters, and for other purposes. 115 6861 HR 2018-09-20 Referred to the House Committee on Financial Services. Related bill CRS Modernizing Illicit Financial Accountability and Reporting Act 115 6865 HR 2018-09-24 Referred to the House Committee on Financial Services. Related bill CRS 2018-06-12 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2018-06-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2018-06-12 Introduced in House IntroReferral 1000 9 Library of Congress 2017-11-29 hsba01 Terrorism and Illicit Finance Subcommittee 1 House committee actions Hearings Held by the Subcommittee on Terrorism and Illicit Finance Prior to Introduction and Referral. Committee P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 N L000569 Rep. Luetkemeyer, Blaine [R-MO-3] Blaine Luetkemeyer R MO 3 2018-06-12 True A000374 Rep. Abraham, Ralph Lee [R-LA-5] Ralph Abraham R LA Lee 5 2018-07-18 False Finance and Financial Sector Administrative law and regulatory procedures Advanced technology and technological innovations Bank accounts, deposits, capital Banking and financial institutions regulation Business records Civil actions and liability Congressional oversight Criminal investigation, prosecution, interrogation Currency Department of the Treasury Foreign and international banking Fraud offenses and financial crimes Government information and archives Government studies and investigations Intelligence activities, surveillance, classified information Small business Terrorism User charges and fees Finance and Financial Sector 00 2018-06-12 Introduced in House 2019-08-07T19:30:04Z Counter Terrorism and Illicit Finance Act

This bill (1) increases the threshold dollar amounts above which financial institutions are required to file currency-transaction and suspicious-activity reports with the Financial Crimes Enforcement Network (FinCEN), (2) directs FinCEN to establish a process for no-action letters, and (3) modifies other provisions related to anti-money laundering and counterterrorist financing.

]]> Counter Terrorism and Illicit Finance Act Display Title Counter Terrorism and Illicit Finance Act Official Title as Introduced To update dollar amount thresholds for certain currency transaction reports and suspicious activity reports, to improve the sharing of suspicious activity reports within a financial group, and for other purposes. Introduced in House IH Short Titles as Introduced Counter Terrorism and Illicit Finance Act Introduced in House 2018-06-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr6068ih/xml/BILLS-115hr6068ih.xml 2018-06-12 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.