[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 743 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                 S. 743

  To require court clerks to report the posting of bail in an amount 
  exceeding $10,000 in certain criminal cases, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                April 2 (legislative day, March 3), 1993

   Mr. Simon introduced the following bill; which was read twice and 
               referred to the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
  To require court clerks to report the posting of bail in an amount 
  exceeding $10,000 in certain criminal cases, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Illegal Drug Profits Act of 1993''.

SEC. 2. REQUIRED REPORTING BY CRIMINAL COURT CLERKS.

    (a) In General.--Each clerk of a Federal or State criminal court 
shall report to the Internal Revenue Service, in a form and manner as 
prescribed by the Secretary of the Treasury, the name and taxpayer 
identification number of--
            (1) any individual charged with any criminal offense who 
        posts cash bail, or on whose behalf cash bail is posted, in an 
        amount exceeding $10,000, and
            (2) any individual or entity (other than a licensed bail 
        bonding individual or entity) posting such cash bail for or on 
        behalf of such individual.
    (b) Criminal Offenses.--For purposes of subsection (a), the term 
``criminal offense'' means--
            (1) any Federal criminal offense involving a controlled 
        substance,
            (2) money laundering (as defined in section 1956 or 1957 of 
        title 18, United States Code), or
            (3) any violation of State criminal law involving offenses 
        substantially similar to the offenses described in the 
        preceding paragraphs.
    (c) Copy to Prosecutors.--Each clerk shall submit a copy of each 
report of cash bail described in subsection (a) to--
            (1) the office of the United States Attorney, and
            (2) the office of the local prosecuting attorney,
for the jurisdiction in which the defendant resides (and the 
jurisdiction in which the criminal offense occurred, if different).
    (d) Regulations.--The Secretary of the Treasury shall promulgate 
such regulations as are necessary within 90 days of the date of the 
enactment of this Act.
    (e) Effective Date.--This section shall become effective 60 days 
after the date of the promulgation of regulations under subsection (d).

                                 <all>