[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3231 Introduced in House (IH)]

<DOC>






118th CONGRESS
  1st Session
                                H. R. 3231

 To permit the Secretary of the Treasury to impose special measures on 
         transactions related to illicit fentanyl trafficking.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 11, 2023

 Mr. Gallego introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
 To permit the Secretary of the Treasury to impose special measures on 
         transactions related to illicit fentanyl trafficking.

    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 ``Buck Stops Here Act''.

SEC. 2. TRANSACTIONS CONNECTED TO ILLICIT FENTANYL TRAFFICKING.

    (a) Determination.--If the Secretary of the Treasury determines 
that reasonable grounds exist for concluding that 1 or more financial 
institutions operating outside of the United States, or 1 or more 
classes of transactions within, or involving, a jurisdiction outside of 
the United States, or 1 or more types of accounts within, or involving, 
a jurisdiction outside of the United States is of primary money 
laundering concern in connection with illicit fentanyl trafficking, the 
Secretary of the Treasury may, by order, regulation, or otherwise as 
permitted by law--
            (1) require domestic financial institutions and domestic 
        financial agencies to take 1 or more of the special measures 
        described in section 5318A(b) of title 31, United States Code; 
        or
            (2) prohibit, or impose conditions upon, certain 
        transmittals of funds (to be defined by the Secretary) by any 
        domestic financial institution or domestic financial agency, if 
        such transmittal of funds involves any such institution, class 
        of transaction, or type of account.
    (b) Classified Information.--In any judicial review of a finding of 
the existence of a primary money laundering concern, or of the 
requirement for 1 or more special measures with respect to a primary 
money laundering concern made under this section, if the designation or 
imposition, or both, were based on classified information (as defined 
in section 1(a) of the Classified Information Procedures Act (18 U.S.C. 
App.)), such information may be submitted by the Secretary to the 
reviewing court ex parte and in camera. This subsection does not confer 
or imply any right to judicial review of any finding made or any 
requirement imposed under this section.
    (c) Availability of Information.--The exemptions from, and 
prohibitions on, search and disclosure provided in section 5319 of 
title 31, United States Code, shall apply to any report or record of 
report filed pursuant to a requirement imposed under subsection (a) of 
this section. For purposes of section 552 of title 5, United States 
Code, this subsection shall be considered a statute described in 
subsection (b)(3)(B) of that section.
    (d) Penalties.--The penalties provided for in sections 5321 and 
5322 of title 31, United States Code, that apply to violations of 
special measures imposed under section 5318A of title 31, United States 
Code, shall apply to violations of any order, regulation, special 
measure, or other requirement imposed under subsection (a) of this 
section, in the same manner and to the same extent as described in 
sections 5321 and 5322.
    (e) Injunctions.--The Secretary of the Treasury may bring a civil 
action to enjoin a violation of any order, regulation, special measure, 
or other requirement imposed under subsection (a) of this section in 
the same manner and to the same extent as described in section 5320 of 
title 31, United States Code.
    (f) Report Required.--
            (1) In general.--Not later than 1 year after the date of 
        enactment of this Act, the Secretary of the Treasury shall 
        submit to the Committees on Financial Services and Foreign 
        Affairs of the House of Representatives and the Committees on 
        Banking, Housing, and Urban Affairs and Foreign Relations of 
        the Senate a report that shall identify any additional 
        regulations, statutory changes, enhanced due diligence, and 
        reporting requirements that are necessary to better identify, 
        prevent, and combat money laundering linked to the trafficking 
        of illicit fentanyl.
            (2) Format.--The report required under this subsection 
        shall be made available to the public, including on the website 
        of the Department of the Treasury, but may contain a classified 
        annex and be accompanied by a classified briefing.
                                 <all>