1.Short title; table of contents
(a)This Act may be cited as the
Combating Money Laundering and
Terrorist Financing Act of 2007
.
(b)The table of contents for this Act is as
follows:
Sec. 1. Short title;
table of contents.
TITLE I—Money laundering
Sec. 101. Specified unlawful activity.
Sec. 102. Making the domestic money laundering statute apply to
reverse money laundering
and interstate
transportation.
Sec. 103. Procedure for issuing subpoenas in money laundering
cases.
Sec. 104. Transportation or transhipment of blank checks in
bearer form.
Sec. 105. Bulk cash smuggling.
Sec. 106. Violations involving commingled funds and structured
transactions.
Sec. 107. Charging money laundering as a course of
conduct.
Sec. 108. Illegal money transmitting businesses.
Sec. 109. Knowledge that the property is the proceeds of a
specific felony.
Sec. 110. Extraterritorial jurisdiction.
Sec. 111. Conduct in aid of counterfeiting.
Sec. 112. Use of proceeds derived from criminal
investigations.
TITLE II—Technical amendments
Sec. 201. Technical amendments to sections 1956 and 1957 of
title 18.
<enum>I</enum><header display-inline="yes-display-inline">Money laundering</header>
<section commented="no" display-inline="no-display-inline" id="IDc7f56cbda16746388b11326d2190428a" section-type="subsequent-section"><enum>101.</enum><header display-inline="yes-display-inline">Specified unlawful activity</header><text display-inline="no-display-inline">Section 1956(c)(7) of title 18, United
States Code, is amended to read as follows:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="idEB93AC13BA8A4F388E023AD3B198DB22" style="USC">
<paragraph commented="no" display-inline="no-display-inline" id="id3CFB4328B67C43A39F38AE6A1EE031E7"><enum>(7)</enum><text display-inline="yes-display-inline">the term <term>specified unlawful
activity</term> means—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="ID3e47490bfc934f62b00664707d617132"><enum>(A)</enum><text display-inline="yes-display-inline">any act or activity constituting an offense
in violation of the laws of the United States or any State punishable by
imprisonment for a term exceeding 1 year; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID0346a65851334674b6680137dd3970b2"><enum>(B)</enum><text display-inline="yes-display-inline">any act or activity occurring outside of
the United States that would constitute an offense covered under subparagraph
(A) if the act or activity had occurred within the jurisdiction of the United
States or any
State;</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section commented="no" display-inline="no-display-inline" id="id3C6DE551DAE04FE088157A26A1BD227F" section-type="subsequent-section"><enum>102.</enum><header display-inline="yes-display-inline">Making the domestic money laundering
statute apply to <quote>reverse money laundering</quote> and interstate
transportation</header>
<subsection commented="no" display-inline="no-display-inline" id="id1087E2435E944ECEB30EFBDE28081F7B"><enum>(a)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">Section 1957 of title 18, United States
Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="idC7C52E8B041048D0A63491638461A2BA"><enum>(1)</enum><text display-inline="yes-display-inline">in the heading, by inserting
<quote><header-in-text level="section" style="USC">or in support of criminal
activity</header-in-text></quote> after <quote><header-in-text level="section" style="USC">specified unlawful activity</header-in-text></quote>;</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID717398d2122a4907852cf3546402322b"><enum>(2)</enum><text display-inline="yes-display-inline">in subsection (a), by striking
<quote>Whoever</quote> and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="id1DD69FC6AA7A4149A9F8D75074ED90FB" style="OLC">
<paragraph commented="no" display-inline="no-display-inline" id="idC8AF76F1ADDE4899900DAE1452E5DB20"><enum>(1)</enum><text display-inline="yes-display-inline">Whoever</text>
</paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id7D3A554842C8488297EDC8BFF202303E"><enum>(3)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="id226F2A8F86274164A764B1F067954F95" style="USC">
<paragraph commented="no" display-inline="no-display-inline" id="IDafdf2460e8c24b34800997bab7c5225d" indent="up1"><enum>(2)</enum><text display-inline="yes-display-inline">Whoever—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="id60CB50D22DE54896AA4F88453845E8FE"><enum>(A)</enum><text display-inline="yes-display-inline">in
any of the circumstances set forth in subsection (d)—</text>
<clause commented="no" display-inline="no-display-inline" id="idD684CCBC875A4875A41C6167C4046DE7"><enum>(i)</enum><text display-inline="yes-display-inline">conducts or attempts to conduct a monetary
transaction involving property of a value that is greater than $10,000;
or</text>
</clause><clause commented="no" display-inline="no-display-inline" id="id98446AC926C34260B378BE983CB6675A"><enum>(ii)</enum><text display-inline="yes-display-inline">transports, attempts to transport, or
conspires to transport property of a value that is greater than $10,000;</text>
</clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id932F2E2FA70146B08B24D9A312AA640D"><enum>(B)</enum><text display-inline="yes-display-inline">in
or affecting interstate commerce; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idEBC8B0476A204ECC83424013FDA9F3EF"><enum>(C)</enum><text display-inline="yes-display-inline">either—</text>
<clause commented="no" display-inline="no-display-inline" id="id3EDBF8EF55334D3BA88711E27B4ACF10"><enum>(i)</enum><text display-inline="yes-display-inline">knowing that the property was derived from
some form of unlawful activity; or</text>
</clause><clause commented="no" display-inline="no-display-inline" id="id6B48B93DC50646BE9D071B361FC05411"><enum>(ii)</enum><text display-inline="yes-display-inline">with the intent to promote the carrying on
of specified unlawful activity;</text>
</clause></subparagraph><continuation-text commented="no" continuation-text-level="paragraph" indent="subsection">shall be fined under this title, imprisoned for a
term of years not to exceed the statutory maximum for the unlawful activity
from which the property was derived or the unlawful activity being promoted, or
both.</continuation-text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id5AB58A880A614DA5974C700E1645DB05"><enum>(b)</enum><header display-inline="yes-display-inline">Chapter Analysis</header><text display-inline="yes-display-inline">The item relating to section 1957 in the
table of sections for chapter 95 of title 18, United States Code, is amended to
read as follows:</text>
<quoted-block display-inline="no-display-inline" id="ID7826032A1686420783F3B09CDC8250C0" style="USC">
<toc regeneration="no-regeneration">
<toc-entry bold="off" level="section">1957. Engaging in monetary
transactions in property derived from specified unlawful activity or in support
of criminal
activity.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section commented="no" display-inline="no-display-inline" id="id2BD8FE7FC73D4D859B79491F71913E23" section-type="subsequent-section"><enum>103.</enum><header display-inline="yes-display-inline">Procedure for issuing subpoenas in money
laundering cases</header>
<subsection commented="no" display-inline="no-display-inline" id="id50E8E9A470904E3C98898F34AF5DE8AA"><enum>(a)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">Section 986 of title 18, United States
Code, is amended by adding at the end the following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="id3D4D7D08C99B4730B9A15DF98896B858" style="USC">
<subsection commented="no" display-inline="no-display-inline" id="ID3c006b9a1b2243358fedad14c1f38353"><enum>(e)</enum><header display-inline="yes-display-inline">Procedure for Issuing
Subpoenas</header><text display-inline="yes-display-inline">The Attorney
General, the Secretary of the Treasury, or the Secretary of Homeland Security
may issue a subpoena in any investigation of a violation of sections 1956, 1957
or 1960, or sections 5316, 5324, 5331 or 5332 of title 31, United States Code,
in the manner set forth under section
3486.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="IDaa2c307491a6484a9449b07176ae7550"><enum>(b)</enum><header display-inline="yes-display-inline">Grand jury and trial
subpoenas</header><text display-inline="yes-display-inline">Section
5318(k)(3)(A)(i) of title 31, United States Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="idD3195AF5AF5044668F881422F02B95B8"><enum>(1)</enum><text display-inline="yes-display-inline">by striking <quote>related to such
correspondent account</quote>;</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id1AF98DE370884280AC7C21723E32A97F"><enum>(2)</enum><text display-inline="yes-display-inline">by striking <quote>or the Attorney
General</quote> and inserting <quote>, the Attorney General, or the Secretary
of Homeland Security</quote>; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDc0d49f545a5a4345a35029476912318e"><enum>(3)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="idE9CED666E4874B24A425B57C1CB05C69" style="USC">
<clause commented="no" display-inline="no-display-inline" id="IDf923f92a365444aa901c100072c8bea6"><enum>(iii)</enum><header display-inline="yes-display-inline">Grand jury or trial subpoena</header><text display-inline="yes-display-inline">In addition to a subpoena issued by the
Attorney General, Secretary of the Treasury, or the Secretary of Homeland
Security under clause (i), a subpoena under clause (i) includes a grand jury or
trial subpoena requested by the
Government.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID8256aea045604b0aae7236a903b8bf3d"><enum>(c)</enum><header display-inline="yes-display-inline">Fair credit reporting act
amendment</header><text display-inline="yes-display-inline">Section 604(a)(1)
of the Fair Credit Reporting Act (15 U.S.C. 1681b(a)(1)) is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="idAAAB83066AED48089FFD45415D0D1383"><enum>(1)</enum><text display-inline="yes-display-inline">by striking <quote>or</quote>; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id052F63306F2A40E99F082A417960D09F"><enum>(2)</enum><text display-inline="yes-display-inline">by inserting before the period the
following: <quote>, or an investigative subpoena issued under section 5318 of
title 31, United States Code</quote>.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="IDe327c1831ad7442f93e76e5b9a939936"><enum>(d)</enum><header display-inline="yes-display-inline">Obstruction of justice</header><text display-inline="yes-display-inline">Section 1510(b) of title 18, United States
Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="ID252505901fe449e3b8b09354437ffe9e"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (2)(A), by inserting <quote>or
an investigative subpoena issued under section 5318 of title 31, United States
Code</quote> after <quote>grand jury subpoena</quote>; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID068d102a82dd4fc68ca83bd9c5b6ac3a"><enum>(2)</enum><text display-inline="yes-display-inline">in paragraph (3)(B), by inserting <quote>,
an investigative subpoena issued under section 5318 of title 31, United States
Code,</quote> after <quote>grand jury subpoena</quote>.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID8418c35742f9413ab0b0a0511c2ca437"><enum>(e)</enum><header display-inline="yes-display-inline">Right to financial privacy
act</header><text display-inline="yes-display-inline">Section 1120 of the Right
to Financial Privacy Act of 1978 (12 U.S.C. 3420) is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="ID4c7f2659d4d34b12a989a2d6acdc2a94"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (a)(1), by inserting
<quote>or to the Government</quote> after <quote>to the grand jury</quote>;
and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID1406b54199034f68a1e02d15f248cca5"><enum>(2)</enum><text display-inline="yes-display-inline">in subsection (b)(1), by inserting <quote>,
or an investigative subpoena issued pursuant to section 5318 of title 31,
United States Code,</quote> after <quote>grand jury subpoena</quote>.</text>
</paragraph></subsection></section><section commented="no" display-inline="no-display-inline" id="id0929549BF44A4008AB32D3F84D1F303E" section-type="subsequent-section"><enum>104.</enum><header display-inline="yes-display-inline">Transportation or transhipment of blank
checks in bearer form</header><text display-inline="no-display-inline">Section
5316 of title 31, United States Code, is amended by adding at the end the
following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="idBFFB6E7B77FF49A8801C15DA43F65205" style="USC">
<subsection commented="no" display-inline="no-display-inline" id="IDd4641c79806b4ebbb407ed3b50c096a2"><enum>(e)</enum><header display-inline="yes-display-inline">Monetary instruments with amount left
blank</header><text display-inline="yes-display-inline">For purposes of this
section, a monetary instrument in bearer form that has the amount left blank,
such that the amount could be filled in by the bearer, shall be considered to
have a value equal to the highest value of the funds in the account on which
the monetary instrument is drawn during the time period the monetary instrument
was being transported or the time period it was negotiated or was intended to
be
negotiated.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section commented="no" display-inline="no-display-inline" id="id31F3F8A206BD4B70B394E795FB13C637" section-type="subsequent-section"><enum>105.</enum><header display-inline="yes-display-inline">Bulk cash smuggling</header><text display-inline="no-display-inline">Section 5332 of title 31, United States
Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="idA369CF91DC414EE1800C43400584141E"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (b)(1), by striking <quote>5
years</quote> and inserting <quote>10 years</quote>; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDfa9a498f2a724e3782f8ead5bd4819f3"><enum>(2)</enum><text display-inline="yes-display-inline">by adding the end the following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="idE5D6202F886A4EBFB56B5907CB1FEE06" style="USC">
<subsection commented="no" display-inline="no-display-inline" id="ID83c5c5e84c004e279b76de76fde0834f"><enum>(d)</enum><header display-inline="yes-display-inline">Investigative authority</header><text display-inline="yes-display-inline">Violations of this section may be
investigated by the Attorney General, the Secretary of the Treasury, the
Secretary of Homeland Security, and the Postal
Service.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section commented="no" display-inline="no-display-inline" id="idB0E43A57EAAE4A5C91DAACF880FAD81E" section-type="subsequent-section"><enum>106.</enum><header display-inline="yes-display-inline">Violations involving commingled funds and
structured transactions</header><text display-inline="no-display-inline">Section 1957(f) of title 18, United States
Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="id9043FBDD611341C4BEA75B6F17649568"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (2) by striking
<quote>and</quote> at the end;</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idB1B6BAA3EFB9421A9A30052D7FAB5BAD"><enum>(2)</enum><text display-inline="yes-display-inline">in paragraph (3), by striking the period
and inserting a semicolon; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idCD6D2BEB9FA1403C918F368E43B0A69B"><enum>(3)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="id93B69C7C795248F1A5C3655563EB42F3" style="USC">
<paragraph commented="no" display-inline="no-display-inline" id="IDded93f3b3adc4a548baa458ac932f57d"><enum>(4)</enum><text display-inline="yes-display-inline">the term <term>monetary transaction in
criminally derived property that is of a value greater than $10,000</term>
includes—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="ID66352e07fcbf49499b59959cb2d9fd38"><enum>(A)</enum><text display-inline="yes-display-inline">a monetary transaction involving the
transfer, withdrawal, encumbrance or other disposition of more than $10,000
from a bank account in which more than $10,000 in proceeds of specified
unlawful activity have been commingled with other funds;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID6971943ebb3b40fa8241e74370b83154"><enum>(B)</enum><text display-inline="yes-display-inline">a series of monetary transactions in
amounts under $10,000 that exceed $10,000 in the aggregate and that are closely
related to each other in terms of such factors as time, the identity of the
parties involved, the nature and purpose of the transactions, and the manner in
which they are conducted; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID9a20405d80fe4316b626cd9db4c8aad6"><enum>(C)</enum><text display-inline="yes-display-inline">any financial transaction covered under
section 1956(j) that involves more than $10,000 in proceeds of specified
unlawful activity; and</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID7727350bed7741faa68d99b19a28b932"><enum>(5)</enum><text display-inline="yes-display-inline">the term <term>monetary transaction
involving property of a value that is greater than $10,000</term> includes a
series of monetary transactions in amounts under $10,000 that exceed $10,000 in
the aggregate and that are closely related to each other in terms of such
factors as time, the identity of the parties involved, the nature and purpose
of the transactions, and the manner in which they are
conducted.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section commented="no" display-inline="no-display-inline" id="idEF7F49E6CD0A4E29AB8FC950763EC587" section-type="subsequent-section"><enum>107.</enum><header display-inline="yes-display-inline">Charging money laundering as a course of
conduct</header>
<subsection commented="no" display-inline="no-display-inline" id="IDbc88ec0395ba412988fd28b0733b666e"><enum>(a)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">Section 1956 of title 18, United States
Code, is amended by adding at the end the following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="id2D46DA17653C461BB15D8025F5EB07D7" style="USC">
<subsection commented="no" display-inline="no-display-inline" id="IDb5fe2f3380be4b079a6e3ebbe97be2b8"><enum>(j)</enum><header display-inline="yes-display-inline">Multiple violations</header><text display-inline="yes-display-inline">Multiple violations of this section that
are part of the same scheme or continuing course of conduct may be charged, at
the election of the Government, in a single count in an indictment or
information.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID2a3b3fc02780486eada109efdc85ed2d"><enum>(b)</enum><header display-inline="yes-display-inline">Conspiracies</header><text display-inline="yes-display-inline">Section 1956(h) of title 18, United States
Code, is amended by striking <quote>or section 1957</quote> and inserting
<quote>, section 1957, or section 1960</quote>.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="IDb11bae06d30e46b4b91e4d67f71cface" section-type="subsequent-section"><enum>108.</enum><header display-inline="yes-display-inline">Illegal money transmitting
businesses</header>
<subsection commented="no" display-inline="no-display-inline" id="ID611C3CCC18814B6DBE1EE552A3DF3600"><enum>(a)</enum><header display-inline="yes-display-inline">Technical amendments</header>
<paragraph commented="no" display-inline="no-display-inline" id="idBC52FCD9924F4AE1ACBFD824BC6CE21C"><enum>(1)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">Section 1960 of title 18, United States
Code, is amended—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="IDA23C392A56614B5090EB0190C2751300"><enum>(A)</enum><text display-inline="yes-display-inline">in the heading by striking
<quote><header-in-text level="section" style="USC">unlicensed</header-in-text></quote> and inserting
<quote><header-in-text level="section" style="USC">illegal</header-in-text></quote>;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="IDD2331333796C452488DADD656745DD88"><enum>(B)</enum><text display-inline="yes-display-inline">in subsection (a), by striking
<quote>unlicensed</quote> and inserting <quote>illegal</quote>; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="IDA26352DA2C9641AAAB807E61F0898C71"><enum>(C)</enum><text display-inline="yes-display-inline">in subsection (b)(1), by striking
<quote>unlicensed</quote> and inserting <quote>illegal</quote>.</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id637E01F6ED9E453A8D194E4A6EBA2E61"><enum>(2)</enum><header display-inline="yes-display-inline">Chapter Analysis</header><text display-inline="yes-display-inline">The item relating to section 1960 in the
table of sections for chapter 95 of title 18, United States Code, is amended to
read as follows:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="idD9C1DEF810A14FC9BA8437B5C36A74C3" style="USC">
<toc>
<toc-entry bold="off" level="section">1960. Prohibition of illegal
money transmitting
businesses.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID7ee75cade4ac47c390c6e3d4a8a4b5f8"><enum>(b)</enum><header display-inline="yes-display-inline">Definition of business To include informal
value transfer systems and money brokers for drug cartels</header><text display-inline="yes-display-inline">Section 1960(b) of title 18, United States
Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="idCC6A110D5C0F46FF820F375A5FA10932"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (2), by striking
<quote>and</quote> at the end;</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id83FABA349BA549E2A82EEFB91B331612"><enum>(2)</enum><text display-inline="yes-display-inline">in paragraph (3), by striking the period
and inserting <quote>; and</quote>; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id3B3ADBBC64AE43919C6C0F5BAFE16BC6"><enum>(3)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="id69F03D112838419484DE1AEE14B1E3E7" style="USC">
<paragraph commented="no" display-inline="no-display-inline" id="ID28385914e21144e5a229e0beadd7b6af"><enum>(4)</enum><text display-inline="yes-display-inline">the term <term>business</term> includes any
person or association of persons, formal or informal, licensed or unlicenced,
that provides money transmitting services on behalf of any third party in
return for remuneration or other
consideration.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="IDF33369300A504787A3FD32CEB0CDD6E0"><enum>(c)</enum><header display-inline="yes-display-inline">Prohibition of unlicensed money
transmitting businesses</header><text display-inline="yes-display-inline">Section 1960(b)(1)(B) of title 18, United
States Code, is amended by inserting the following before the semicolon:
<quote>, whether or not the defendant knew that the operation was required to
comply with such registration requirements</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID8089B38983694652A241B1B7B36EC5FF"><enum>(d)</enum><header display-inline="yes-display-inline">Authority To investigate</header><text display-inline="yes-display-inline">Section 1960 of title 18, United States
Code, is amended by adding at the end the following:</text>
<quoted-block act-name="" display-inline="no-display-inline" id="id63CABD96E3284ABFA9B016130AD613EF" style="USC">
<subsection commented="no" display-inline="no-display-inline" id="ID407D484017DB48A7838F0054D075002D"><enum>(c)</enum><header display-inline="yes-display-inline">Authority To investigate</header><text display-inline="yes-display-inline">Violations of this section may be
investigated by the Attorney General, the Secretary of the Treasury, and the
Secretary of Homeland
Security.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section commented="no" display-inline="no-display-inline" id="idD37005112E444C36A06D4F0A2D926B8D" section-type="subsequent-section"><enum>109.</enum><header display-inline="yes-display-inline">Knowledge that the property is the proceeds
of a specific felony</header>
<subsection commented="no" display-inline="no-display-inline" id="ID3a51c8d710ae43b58aa3cd7140902cae"><enum>(a)</enum><header display-inline="yes-display-inline">Proceeds of a felony</header><text display-inline="yes-display-inline">Section 1956(c)(1) of title 18, United
States Code, is amended by inserting <quote>, and regardless of whether or not
the person knew that the activity constituted a felony</quote> before the
semicolon at the end.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="IDef7926a206eb458782b40b9f93c8d32a"><enum>(b)</enum><header display-inline="yes-display-inline">Intent To conceal or disguise</header><text display-inline="yes-display-inline">Section 1956(a) of title 18, United States
Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="id0E8FCA84C187433DA3AF49D6D41E071E"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (1)(B)(i), by striking
<quote>specified unlawful activity</quote> and inserting <quote>some form of
unlawful activity</quote>; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id1DFCE1A79E7A469193B0A87E55858E0D"><enum>(2)</enum><text display-inline="yes-display-inline">in paragraph (2)(B)(i), by striking
<quote>specified unlawful activity</quote> and inserting <quote>some form of
unlawful activity</quote>.</text>
</paragraph></subsection></section><section commented="no" display-inline="no-display-inline" id="id501EB4A5D9CA4921AE9E0EA0ABADEC50" section-type="subsequent-section"><enum>110.</enum><header display-inline="yes-display-inline">Extraterritorial jurisdiction</header><text display-inline="no-display-inline">Section 1956(f)(1) of title 18, United
States Code, is amended by inserting <quote>or has an effect in the United
States</quote> after <quote>conduct occurs in part in the United
States</quote>.</text>
</section><section commented="no" display-inline="no-display-inline" id="idDAFA5F04C85840FBB8CAA1053652BB8E" section-type="subsequent-section"><enum>111.</enum><header display-inline="yes-display-inline">Conduct in aid of counterfeiting</header>
<subsection commented="no" display-inline="no-display-inline" id="id49357D899A1C4F88AC9D4788C46D2481"><enum>(a)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">Section 474(a) of title 18, United States
Code, is amended by inserting after the paragraph beginning <quote>Whoever has
in his control, custody, or possession any plate</quote> the following:</text>
<quoted-block display-inline="no-display-inline" id="id74F30D6110F24F19BEED37D3927C480B" style="OLC">
<paragraph commented="no" display-inline="no-display-inline" id="ID0f33fda4eb4c45f484ce56e697b10eb3" indent="up1"><enum></enum><text display-inline="yes-display-inline">Whoever, with intent to defraud, has
custody, control, or possession of any material that can be used to make,
alter, forge, or counterfeit any obligation or other security of the United
States or any part of such obligation or security, except under the authority
of the Secretary of the Treasury;
or</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="IDc65a916108e24784a4c6ca123d080006"><enum>(b)</enum><header display-inline="yes-display-inline">Foreign obligations and
securities</header><text display-inline="yes-display-inline">Section 481 of
title 18, United States Code, is amended by inserting after the paragraph
beginning <quote>Whoever, with intent to defraud</quote> the following:</text>
<quoted-block display-inline="no-display-inline" id="id11B8E95095A24BADBAC16FC1BA25B83E" style="OLC">
<paragraph commented="no" display-inline="no-display-inline" id="ID0029b528561a41feb1d8ef91eacf8d0c" indent="up1"><enum></enum><text display-inline="yes-display-inline">Whoever, with intent to defraud, has
custody, control, or possession of any material that can be used to make,
alter, forge, or counterfeit any obligation or other security of any foreign
government, bank, or corporation;
or</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID7e7f783b8e3f4810b53383043943e62b"><enum>(c)</enum><header display-inline="yes-display-inline">Counterfeit acts</header><text display-inline="yes-display-inline">Section 470 of title 18, United States
Code, is amended by striking <quote>or 474</quote> and inserting <quote>474, or
474A</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id39A57149931841C2A28E8CA5DA5930BA"><enum>(d)</enum><header display-inline="yes-display-inline">Strengthening deterrents to
counterfeiting</header><text display-inline="yes-display-inline">Section 474A
of title 18, United States Code is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="id2EEB05782EC8469A82879CD5DFD4DC18"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (a)—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="idBF61C47E19AE4393964AC3FCFFBBEFF7"><enum>(A)</enum><text display-inline="yes-display-inline">by inserting <quote>, custody,</quote>
after <quote>control</quote>;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idE510F8F36BDD4AA0BB2FA8FA963448F7"><enum>(B)</enum><text display-inline="yes-display-inline">by inserting <quote>, forging, or
counterfeiting</quote> after <quote>to the making</quote>;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idB0EC6E389D374D72BF4DD7FA880E294D"><enum>(C)</enum><text display-inline="yes-display-inline">by striking <quote>such obligation</quote>
and inserting <quote>obligation</quote>; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id335A94FB75124D24A753745EAB240B29"><enum>(D)</enum><text display-inline="yes-display-inline">by inserting <quote>of the United
States</quote> after <quote>or other security</quote>;</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id8D93BE485AD34993BC5F1D9D3E6FF8F4"><enum>(2)</enum><text display-inline="yes-display-inline">in subsection (b)—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="id328DB584772343F5AD4891F997674CA2"><enum>(A)</enum><text display-inline="yes-display-inline">by inserting <quote>, custody,</quote>
after <quote>control</quote>;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id6CBDFAE02F0B4BB195634BA7FE941E6B"><enum>(B)</enum><text display-inline="yes-display-inline">striking <quote>any essentially identical
feature or device</quote> and inserting <quote>any material or other thing made
after or in the similitude of any such deterrent</quote>; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id5B078D0B775345FD80F48BF111DA28A3"><enum>(C)</enum><text display-inline="yes-display-inline">by inserting <quote>, forging, or
counterfeiting</quote> after <quote>to the making</quote>;</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idC08FBEFE5CC9418A98B9A7693B65D188"><enum>(3)</enum><text display-inline="yes-display-inline">by redesignating subsection (c) as
subsection (d); and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idD3C74E6146474DE4A31C684640783AE7"><enum>(4)</enum><text display-inline="yes-display-inline">by inserting after subsection (b) the
following:</text>
<quoted-block display-inline="no-display-inline" id="id3635369829404CCFA6AED61CFA359AE8" style="OLC">
<subsection commented="no" display-inline="no-display-inline" id="id9EF7CC52A0EF431BA855A72A11142F3E"><enum>(c)</enum><text display-inline="yes-display-inline">Whoever has in his control, custody, or
possession any altered obligation or security of the United States or any
foreign government adapted to the making, forging, or counterfeiting of any
obligation or security of the United States or any foreign government, except
under the authority of the Secretary of the Treasury, is guilty of a class B
felony.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection></section><section commented="no" display-inline="no-display-inline" id="idA23CDF42220846BBA9501B505D6A108E" section-type="subsequent-section"><enum>112.</enum><header display-inline="yes-display-inline">Use of proceeds derived from criminal
investigations</header>
<subsection commented="no" display-inline="no-display-inline" id="idB27B0B8D802B4A17A9CEF11C6AF37485"><enum>(a)</enum><header display-inline="yes-display-inline">Authority of Secret Service</header><text display-inline="yes-display-inline">During fiscal years 2008 through 2010, with
respect to any undercover investigative operation of the United States Secret
Service (in this section referred to as the <quote>Secret Service</quote>)
which is necessary for the detection and prosecution of crimes against the
United States—</text>
<paragraph commented="no" display-inline="no-display-inline" id="idFF18A644E6DA4F35BA3D9CA84D2337B9"><enum>(1)</enum><text display-inline="yes-display-inline">sums authorized in any such fiscal year to
be appropriated for the Secret Service, including any unobligated balances
available from prior fiscal years, may be used to purchase property, buildings,
and other facilities, and to lease space, within the United States, the
District of Columbia, and the territories and possessions of the United States,
without regard to—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="idC8677B65B9224781A80FF157958958FC"><enum>(A)</enum><text display-inline="yes-display-inline">sections 1341 and 3324 of title 31 of the
United States Code;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id716F6396A0DA4B26B36EBB2901114CEA"><enum>(B)</enum><text display-inline="yes-display-inline">section 8141 of title 40 of the United
States Code;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id3168E7D893304FD1A1EE1290B51C45C8"><enum>(C)</enum><text display-inline="yes-display-inline">sections 3732(a) and 3741 of the Revised
Statutes of the United States (41 U.S.C. 11(a) and 22); and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idF7FAD6380072479889AE2ABEB9AC3DA7"><enum>(D)</enum><text display-inline="yes-display-inline">sections 304(a) and 305 of the Federal
Property and Administrative Services Act of 1949 (41 U.S.C. 254(a) and
255);</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="id49822F7C77E04E38B43780BBB1AF494D"><enum>(2)</enum><text display-inline="yes-display-inline">sums authorized in any such fiscal year to
be appropriated for the Secret Service, including any unobligated balances
available from prior fiscal years, may be used—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="id15728E567D56454DB8A4CB7C9318057C"><enum>(A)</enum><text display-inline="yes-display-inline">to establish or to acquire proprietary
corporations or business entities as part of an undercover investigative
operation; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idD99CE432F8074181AFD02277089F8830"><enum>(B)</enum><text display-inline="yes-display-inline">to operate such corporations or business
entities on a commercial basis, without regard to sections 9102 and 9103 of
title 31 of the United States Code;</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idFFDD486FD3444DD280E8C80ACDAF9541"><enum>(3)</enum><text display-inline="yes-display-inline">sums authorized in any such fiscal year to
be appropriated for the Secret Service, including any unobligated balances
available from prior fiscal years, and the proceeds seized, earned, or
otherwise accrued from any such undercover investigative operation, may be
deposited in banks or other financial institutions, without regard to—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="idB10A57C367834D408CD46E3005C3E08E"><enum>(A)</enum><text display-inline="yes-display-inline">section 648 of title 18 of the United
States Code; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id8F77DF1348A6434B8C00244CB30A3D91"><enum>(B)</enum><text display-inline="yes-display-inline">section 3302 of title 31 of the United
States Code; and</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idDF3BCF87269D440CA4C1C8FA47EA222F"><enum>(4)</enum><text display-inline="yes-display-inline">proceeds seized, earned, or otherwise
accrued from any such undercover investigative operation may be used to offset
the necessary and reasonable expenses incurred in such operation, without
regard to section 3302 of title 31 of the United States Code.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idCEDA8F5337B642E8937287156AE86BA9"><enum>(b)</enum><header display-inline="yes-display-inline">Written certification of Director
required</header>
<paragraph commented="no" display-inline="no-display-inline" id="id81911C7FBFF34723975EFA3A46FB3996"><enum>(1)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">The authority granted under subsection (a)
may be exercised only upon the written certification of the Director of the
Secret Service or the Director's designee.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idB0EADD831FC64175871A5C4883A41542"><enum>(2)</enum><header display-inline="yes-display-inline">Content of certification</header><text display-inline="yes-display-inline">Each certification issued under paragraph
(1) shall state that any action authorized under paragraph (1), (2), (3), or
(4) of subsection (a) is necessary to conduct the undercover investigative
operation.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id7E7E3EE09E474DCCB76D7B700A083333"><enum>(3)</enum><header display-inline="yes-display-inline">Duration of certification</header><text display-inline="yes-display-inline">Each certification issued under paragraph
(1) shall continue in effect for the duration of the undercover investigative
operation, without regard to fiscal years.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idB6B4F55C79D1460EBAA81832969DA0E9"><enum>(c)</enum><header display-inline="yes-display-inline">Transfer of proceeds to
Treasury</header><text display-inline="yes-display-inline">As soon as
practicable after the proceeds from an undercover investigative operation with
respect to which an action is authorized and carried out under paragraphs (3)
and (4) of subsection (a) are no longer necessary for the conduct of such
operation, such proceeds, or the balance of such proceeds, remaining at the
time shall be deposited in the Treasury of the United States as miscellaneous
receipts.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id313CAB8830CF430E8BDD71E99577DBE5"><enum>(d)</enum><header display-inline="yes-display-inline">Corporations with a high net value</header>
<paragraph commented="no" display-inline="no-display-inline" id="id7B083853E13B43E5905F60F847B03588"><enum>(1)</enum><header display-inline="yes-display-inline">In general</header><text display-inline="yes-display-inline">If a corporation or business entity
established or acquired as part of an undercover investigative operation under
subsection (a)(2) having a net value of over $50,000 is to be liquidated, sold,
or otherwise disposed of, the Secret Service, as much in advance as the
Director of the Secret Service or the Director's designee determines is
practicable, shall report the circumstances of such liquidation, sale, or other
disposition to the Secretary of Homeland Security.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id116CC0E0DE544EF79AEDE3FFCD23D855"><enum>(2)</enum><header display-inline="yes-display-inline">Transfer of proceeds to
Treasury</header><text display-inline="yes-display-inline">The proceeds of any
liquidation, sale, or other disposition of any corporation or business entity
under paragraph (1) shall, after all other obligations are met, be deposited in
the Treasury of the United States as miscellaneous receipts.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idE47089FFE42D4F5C9F8741D6D29A8EE1"><enum>(e)</enum><header display-inline="yes-display-inline">Audits</header><text display-inline="yes-display-inline">The Secret Service shall—</text>
<paragraph commented="no" display-inline="no-display-inline" id="id538D144785404F6792AD475A64B38A9C"><enum>(1)</enum><text display-inline="yes-display-inline">conduct, on a quarterly basis, a detailed
financial audit of each completed undercover investigative operation where a
written certification was issued pursuant to this section; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idB04D3CB4F7FB46BFB36AA90554859E4C"><enum>(2)</enum><text display-inline="yes-display-inline">report the results of each such audit in
writing to the Secretary of Homeland Security.</text>
</paragraph></subsection></section><enum>II</enum><header display-inline="yes-display-inline">Technical amendments</header>
<section commented="no" display-inline="no-display-inline" id="id6909DC4199914233A0F86A60478E542E" section-type="subsequent-section"><enum>201.</enum><header display-inline="yes-display-inline">Technical amendments to sections 1956 and
1957 of title 18</header>
<subsection commented="no" display-inline="no-display-inline" id="ID30229B44A69247EBA987D6AE66A0E88B"><enum>(a)</enum><header display-inline="yes-display-inline">Unlawful activity</header><text display-inline="yes-display-inline">Section 1956(c) of title 18, United States
Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="idD5D57DDE8DDE426BB8E901AAF6AB1E5E"><enum>(1)</enum><text display-inline="yes-display-inline">in paragraph (2), by striking
<quote><term>conducts</term></quote> and inserting
<quote><term>conduct</term></quote>; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idE60E79BB9B0C466AB078D2CD76A2EA00"><enum>(2)</enum><text display-inline="yes-display-inline">in paragraph (7)(F), by inserting <quote>,
as defined in section 24(a)</quote> before the semicolon.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="IDC357B56C0D8344AE8ECFC39488BFE7C6"><enum>(b)</enum><header display-inline="yes-display-inline">Property from unlawful
activity</header><text display-inline="yes-display-inline">Section 1957 of
title 18, United States Code, is amended—</text>
<paragraph commented="no" display-inline="no-display-inline" id="IDB4028EF628E343E9BA5D002E4D8C6BF0"><enum>(1)</enum><text display-inline="yes-display-inline">in subsection (a), by striking
<quote>engages or attempts to engage in</quote> and inserting <quote>conducts
or attempts to conduct</quote>; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID2826443FECB64BE8B08F30CB7FE9BE6B"><enum>(2)</enum><text display-inline="yes-display-inline">in subsection (f)—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="idEABC03A73190402BA983E2AD6BDBC75B"><enum>(A)</enum><text display-inline="yes-display-inline">in paragraph (2), by striking
<quote>and</quote> at the end;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id46CBDFD5EFB343BEB3E6BB79EF9C3442"><enum>(B)</enum><text display-inline="yes-display-inline">in paragraph (3), by striking the period
and inserting <quote>; and</quote>; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id7DB3E0DE82F54A8AB20EE20A28A0569C"><enum>(C)</enum><text display-inline="yes-display-inline">by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id447BE014208B4434BC8E16BC49F13A33" style="OLC">
<paragraph commented="no" display-inline="no-display-inline" id="ID51710FF9167342C984A1E0D89B5BA2AB"><enum>(4)</enum><text display-inline="yes-display-inline">the term <term>conduct</term> has the
meaning given such term under section
1956(c)(2).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph></subsection></section>