[Congressional Record Volume 164, Number 30 (Thursday, February 15, 2018)]
[Senate]
[Pages S1186-S1188]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2041. Mr. CASSIDY submitted an amendment intended to be proposed 
by him to the bill H.R. 2579, to amend the Internal Revenue Code of 
1986 to allow the premium tax credit with respect to unsubsidized COBRA 
continuation coverage; which was ordered to lie on the table; as 
follows:

       At the appropriate place, insert the following:

     SEC. __. USING ILLICIT DRUG TRAFFICKING PROCEEDS FOR BORDER 
                   SECURITY ENHANCEMENTS.

       (a) Purpose.--The purpose of this section is to authorize 
     the use of illicit drug trafficking proceeds to pay for 
     physical barriers, tactical infrastructure, and technology in 
     the vicinity of the United States border, which will achieve 
     situational awareness and operational control of the border, 
     and increase the interdiction of illicit drugs entering the 
     United States and reduce bulk cash smuggling and trade-based 
     money laundering along the border.
       (b) Secure America Financing Corporation.--

[[Page S1187]]

       (1) Establishment.--There is established , as a special 
     purpose, public corporate entity, the Secure America 
     Financing Corporation (referred to in this subsection as the 
     ``Corporation''), which shall operate as an independent 
     instrumentality of the Federal Government.
       (2) Board.--
       (A) Composition.--The Corporation shall be overseen by a 
     Board, consisting of the Secretary of Homeland Security, the 
     Secretary of the Treasury, the Attorney General, or their 
     respective designees, as appointed by the President.
       (B) Terms.--Members of the Board shall serve, at the 
     pleasure of the President, for 4-year terms, or until a 
     successor is appointed by the President. Members of the Board 
     may be appointed to 1 additional 4-year term.
       (C) Compensation.--Members of the Board shall serve without 
     additional compensation.
       (D) Chairperson.--The Board shall annually elect a 
     Chairperson from among its members.
       (E) Meetings.--The Board shall meet not less frequently 
     than annually.
       (3) Purposes.--The purposes of the Corporation shall be--
       (A) to issue Secure America Bonds, in accordance with 
     paragraph (4);
       (B) to make the proceeds of such bonds available to the 
     Homeland Security Investigations directorate of U.S. 
     Immigration and Customs Enforcement and to U.S. Border Patrol 
     to enhance technological capacity; and
       (C) to manage surplus Asset Forfeiture Funds to redeem such 
     bonds.
       (4) Bonds.--
       (A) Issuance authorized.--The Corporation may issue bonds 
     (referred to in this section as ``Secure America Bonds'') in 
     such amounts and for such terms as the Board shall authorize 
     to provide the necessary funding for the technological 
     capacity enhancements that the Homeland Security 
     Investigations directorate determines appropriate.
       (B) Redemption.--Bonds issued pursuant to subparagraph (A) 
     may only be paid from funds managed by the Corporation, 
     including--
       (i) surplus amounts from the Asset Forfeiture Fund;
       (ii) proceeds of the sales of any such bonds;
       (iii) earnings on funds invested by the Corporation or the 
     indenture trustee;
       (iv) income generated by the activities of the Corporation; 
     and
       (v) such other funds as may become available.
       (C) Bankruptcy prohibited.--The Corporation may not file 
     for bankruptcy protection while any of the bonds issued by 
     the Corporation remain outstanding.
       (D) Limitation.--Bonds issued pursuant to subparagraph 
     (A)--
       (i) are not a debt or obligation of the Federal Government; 
     and
       (ii) are not backed by the full faith and credit of the 
     Federal Government.
       (5) Staffing.--
       (A) In general.--Employees of the Department of Homeland 
     Security and employees of the Department of the Treasury may 
     provide administrative support to the Corporation.
       (B) Professional services.--The Attorney General, or 
     designee, may serve as counsel to the Corporation and may 
     employee or retain such other attorneys as necessary. The 
     Corporation may employ or retain any other professionals, 
     consultants, agents, financial advisors, and accountants as 
     may be necessary to carry out the purposes set forth in 
     paragraph (3). The Board may determine the duties and 
     compensation of those employed or retained under this 
     subparagraph.
       (6) Financial management.--
       (A) Authority.--The Corporation is authorized to sell and 
     convey any of the assets of the Corporation, subject to the 
     approval of the Board.
       (B) Exemption from taxation.--The Corporation shall be 
     exempt from any taxation, fees, assessments, or similar 
     charges based on the real property or assets of the 
     Corporation.
       (7) Effect of dissolution.--Upon the dissolution of the 
     Corporation, title to all assets and properties of the 
     Corporation shall vest in and become the property of the 
     United States Treasury and shall be deposited into and 
     credited to the Asset Forfeiture Fund.
       (c) Use of Certain Forfeited Criminal Proceeds for Border 
     Security Measures.--Notwithstanding any other provision of 
     law, any funds that are criminally forfeited to the United 
     States pursuant to an order relating to a sentence of a 
     felony conviction by a district court of the United States of 
     an individual engaging in a continuing criminal enterprise 
     involving knowingly and intentionally distributing a 
     controlled substance, intending and knowing that such 
     substance would be unlawfully imported into the United States 
     from a place outside of the United States shall be used for 
     security measures along the international border between the 
     United States and Mexico, including the construction, 
     installation, deployment, operation, and maintenance of 
     physical barriers, tactical infrastructure, and technology in 
     the vicinity of such border, for the purpose of stemming the 
     flow of illegal narcotics into the United States and 
     furthering the security of the United States.
       (d) Reservation of Portion of Forfeits in the Department of 
     Justice Civil Asset Forfeiture Fund for Building a Physical 
     Barrier or Advanced Technology to Prevent Illegal Entry 
     Across the Southern Border.--
       (1) In general.--Section 524(c) of title 28, United States 
     Code, is amended--
       (A) in paragraph (1), by inserting ``, except as provided 
     in paragraph (12),'' before ``be available to the Attorney 
     General'';
       (B) in paragraph (8)(E), in the first sentence, by 
     inserting ``the construction, installation, deployment, 
     operation, and maintenance of physical barriers, tactical 
     infrastructure, and technology in the vicinity of the United 
     States border,'' after ``law enforcement,''; and
       (C) by adding at the end the following:
       ``(12)(A) Not later than on December 1 of each year, the 
     Attorney General shall submit to Congress a report on the 
     total of any amount in the Fund as of October 1 that are 
     derived from Mexican cartels.
       ``(B) Not later than 180 days after the date of enactment 
     of this paragraph, and occasionally thereafter, the Attorney 
     General shall submit to Congress a report on the amount in 
     the Fund that has historically been derived from Mexican 
     cartels.
       ``(C) Of the amount described in subparagraph (A), 50 
     percent shall be made available without fiscal year 
     limitation to install additional physical barriers and roads 
     (including the removal of obstacles to detection of illegal 
     entrants) in the vicinity of the United States border to 
     deter illegal crossings in areas of high illegal entry into 
     the United States.''.
       (2) Limitation on release of property.--Section 983(f)(8) 
     of title 18, United States Code, is amended--
       (A) in subparagraph (C), by striking ``or'' at the end;
       (B) in subparagraph (D), by striking the period at the end 
     and inserting ``; or''; and
       (C) by adding at the end the following:
       ``(E) is currency or contraband likely to belong to or used 
     in support of a foreign, illegal trafficking organization.''.
       (e) Use of Bond Proceeds.--
       (1) Improving data analytics.--The Secretary of Homeland 
     Security, in consultation with the Executive Associate 
     Director for Homeland Security Investigations and the Chief, 
     U.S. Border Patrol, may use proceeds from Secure America 
     Bonds--
       (A) to improve the use of data and advanced analytics to 
     target drugs entering the United States, bulk cash smugglers, 
     and trade-based money laundering;
       (B) to prioritize the use of ``big data'' to enhance the 
     analysis of information that may lead to an increase in drug 
     seizures near the border, the interdiction of smuggled bulk 
     cash, and the identification of invoice misrepresentation 
     that leads to trade-based money laundering;
       (C) to increase the technological capacity to gather and 
     develop information about persons, events, and cargo of 
     interest;
       (D) to integrate data with analytical tools capable of--
       (i) detecting trends, patterns, and emerging threats; and
       (ii) identifying nonobvious relationships between persons, 
     events, and cargo to generate the necessary tools to increase 
     seizures; and
       (E) to procure technology for advanced analytics to target 
     drugs coming into the United States, bulk cash smuggling, and 
     trade-based money laundering.
       (2) Physical barriers.--The Secretary of Homeland Security, 
     in consultation with the Chief, U.S. Border Patrol, may use 
     proceeds from Secure America Bonds--
       (A) to achieve situational awareness and operational 
     control of the southwest border using terrain, barriers, and 
     technological and human resources to force smugglers to use 
     certain routes and border crossings;
       (B) to construct, install, deploy, operate, and permanently 
     maintain physical barriers, tactical infrastructure, and 
     technology in the vicinity of the southwest border.
       (3) Staffing.--The Secretary of Homeland Security, in 
     consultation with the Executive Associate Director for 
     Homeland Security Investigations, may use proceeds from 
     Secure America Bonds to employ the necessary analysts to 
     carry out the data analytics described in paragraph (1).
       (f) Rules of Civil Forfeiture.--
       (1) Civil forfeiture.--Section 983(b) of title 18, United 
     States Code, is amended by adding at the end the following:
       ``(5) In any law enforcement action in which assets may be 
     seized under this subsection, the law enforcement officer may 
     not barter with or otherwise pressure the owner of the assets 
     to be seized to waive any rights relating to the recovery of 
     such assets.''.
       (2) General rules for civil forfeiture proceedings.--
     Section 983(c) of title 18, United States Code, is amended--
       (A) in paragraph (1), by striking ``a preponderance of the 
     evidence'' and inserting ``clear and convincing evidence'';
       (B) in paragraph (2), by striking ``a preponderance of the 
     evidence'' and inserting ``clear and convincing evidence''; 
     and
       (C) in paragraph (3), by inserting ``, by clear and 
     convincing evidence,'' after ``establish''.
       (3) Reporting requirement.--The Attorney General shall 
     submit an annual report to the Committee on Homeland Security 
     and Governmental Affairs of the Senate, the Committee on the 
     Judiciary of the Senate, the Committee on Homeland Security 
     of the House of Representatives, and the Committee on the 
     Judiciary of the House of Representatives that includes a 
     detailed record, for the reporting period, of all civil and

[[Page S1188]]

     criminal asset seizures and forfeitures authorized under 
     chapter 46 of title 18, United States Code, including--
       (A) the specific assets seized, including the quantity and 
     value of such assets;
       (B) the alleged criminal conduct giving rise to the seizure 
     or forfeiture;
       (C) whether anyone was arrested or convicted of the alleged 
     criminal conduct;
       (D) whether the forfeiture action was challenged by the 
     owner of the assets;
       (E) the final disposition of the assets; and
       (F) if the assets were sold, how the proceeds of the assets 
     were used.
       (g) Department of the Treasury Forfeiture Fund.--Section 
     9705 of title 31, United States Code, is amended--
       (1) in subsection (a)(1), by adding at the end the 
     following:
       ``(K) Payment to enhance border security.''; and
       (2) in subsection (g)(4)(B), by inserting ``, including the 
     construction, installation, deployment, operation, and 
     maintenance of physical barriers, tactical infrastructure, 
     and technology in the vicinity of such border,'' after ``law 
     enforcement activities''.
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