110 HR 2440 IH: To reauthorize the Financial Crimes Enforcement U.S. House of Representatives 2007-05-22 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.

I 110th CONGRESS 1st Session H. R. 2440 IN THE HOUSE OF REPRESENTATIVES May 22, 2007 Mr. Lynch (for himself, Mr. Platts, Mr. Klein of Florida, Mr. Royce, Mr. Carney, and Mrs. Maloney of New York) introduced the following bill; which was referred to the Committee on Financial Services A BILL To reauthorize the Financial Crimes Enforcement Network.

1.

Short title

This Act may be cited as the FinCEN Reauthorization Act of 2007.

2.

Finding

The Congress finds that the work of the Financial Crimes Enforcement Network is essential to safeguard the United States financial system and its international affiliates from the abuses of financial crime, including terrorist financing, developing weapons of mass destruction, and money laundering.

3.

Reauthorization of the Financial Crimes Enforcement Network

Section 310(d)(1) of title 31, United States Code, is amended by striking such sums as may be necessary for fiscal years 2002, 2003, 2004, and 2005 and inserting not more than $85,844,000 for fiscal year 2008, and such sums as may be neccessary for fiscal years 2009, 2010, 2011, and 2012.