[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2613 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 2613

To require the Director of the Financial Crimes Enforcement Network to 
   carry out a study on the use of emerging technologies within the 
     Financial Crimes Enforcement Network, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 9, 2019

    Mr. Gonzalez of Ohio (for himself and Mr. Emmer) introduced the 
   following bill; which was referred to the Committee on Financial 
                                Services

_______________________________________________________________________

                                 A BILL


 
To require the Director of the Financial Crimes Enforcement Network to 
   carry out a study on the use of emerging technologies within the 
     Financial Crimes Enforcement Network, 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 ``Advancing Innovation to Assist Law 
Enforcement Act''.

SEC. 2. FINCEN STUDY ON USE OF EMERGING TECHNOLOGIES.

    (a) Study.--
            (1) In general.--The Director of the Financial Crimes 
        Enforcement Network (``FinCEN'') shall carry out a study on--
                    (A) the status of implementation and internal use 
                of emerging technologies, including artificial 
                intelligence (``AI''), digital identity technologies, 
                blockchain technologies, and other innovative 
                technologies within FinCEN;
                    (B) whether AI, digital identity technologies, 
                blockchain technologies, and other innovative 
                technologies can be further leveraged to make FinCEN's 
                data analysis more efficient and effective; and
                    (C) how FinCEN could better utilize AI, digital 
                identity technologies, blockchain technologies, and 
                other innovative technologies to more actively analyze 
                and disseminate the information it collects and stores 
                to provide investigative leads to Federal, State, 
                Tribal, and local law enforcement, and other Federal 
                agencies (collective, ``Agencies''), and better support 
                its ongoing investigations when referring a case to the 
                Agencies.
            (2) Inclusion of gto data.--The study required under this 
        subsection shall include data collected through the Geographic 
        Targeting Orders (``GTO'') program.
    (b) Report.--Not later than the end of the 6-month period beginning 
on the date of the enactment of this Act, the Director shall issue a 
report to the Committee on Banking, Housing, and Urban Affairs of the 
Senate and the Committee on Financial Services of the House of 
Representatives containing--
            (1) all findings and determinations made in carrying out 
        the study required under subsection (a);
            (2) with respect to each of subparagraphs (A), (B), and (C) 
        of subsection (a)(1), any best practices or significant 
        concerns identified by the Director, and their applicability to 
        AI, digital identity technologies, blockchain technologies, and 
        other innovative technologies with respect to U.S. efforts to 
        combat money laundering and other forms of illicit finance; and
            (3) any policy recommendations that could facilitate and 
        improve communication and coordination between the private 
        sector, FinCEN, and Agencies through the implementation of 
        innovative approaches, in order to meet their Bank Secrecy Act 
        (as defined under section 5312 of title 31, United States Code) 
        and anti-money laundering compliance obligations.
    (c) Bank Secrecy Act Defined.--For purposes of this section, the 
term ``Bank Secrecy Act'' means--
            (1) subchapter II of chapter 53 of title 31, United States 
        Code;
            (2) section 21 of the Federal Deposit Insurance Act; and
            (3) chapter 2 of title I of Public Law 91-508.
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