[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 3608 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
                                S. 3608

To require a strategy for the expanded use of Trade Transparency Units.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

              January 8 (legislative day, January 7), 2026

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

_______________________________________________________________________

                                 A BILL


 
To require a strategy for the expanded use of Trade Transparency Units.

    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 ``Trade Transparency Unit Strategy 
Act''.

SEC. 2. STRATEGY FOR THE EXPANSION OF TRADE TRANSPARENCY UNITS.

    (a) Sense of Congress.--It is the sense of Congress that Trade 
Transparency Units are a critical bilateral and multilateral tool to 
identify, disrupt, and dismantle international money laundering 
networks.
    (b) Strategy.--
            (1) In general.--Not later than 180 days after the date of 
        the enactment of this Act, the Secretary of Homeland Security, 
        in coordination with the Secretary of State, the Secretary of 
        Commerce, and the Secretary of the Treasury, shall submit to 
        the appropriate congressional committees a strategy to--
                    (A) expand information sharing between U.S. Customs 
                and Border Protection, Homeland Security 
                Investigations, appropriate elements of the Department 
                of Commerce, the Financial Crimes Enforcement Network 
                of the Department of the Treasury, and appropriate 
                counterparts of foreign customs agencies through Trade 
                Transparency Units; and
                    (B) improve intra-agency, inter-agency, and other 
                multilateral information-sharing with respect to Trade 
                Transparency Units.
            (2) Form.--The strategy required by paragraph (1) shall be 
        submitted in unclassified form and may contain a classified 
        annex.
    (c) Comptroller General Assessment.--Not later than 180 days after 
the submission of the strategy required by subsection (b), the 
Comptroller General of the United States shall submit to the 
appropriate congressional committees a report that includes an 
assessment of the strategy required by subsection (b).
    (d) Appropriate Congressional Committees Defined.--In this section, 
the term ``appropriate congressional committees'' means--
            (1) the Committee on Homeland Security, the Committee on 
        Foreign Affairs, and the Committee on Ways and Means of the 
        House of Representatives; and
            (2) the Committee on Homeland Security and Governmental 
        Affairs, the Committee on Finance, and the Committee on Foreign 
        Relations of the Senate.
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