[Congressional Record Volume 164, Number 94 (Thursday, June 7, 2018)]
[Senate]
[Page S3327]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2416. Mr. CASSIDY submitted an amendment intended to be proposed 
by him to the bill H.R. 5515, to authorize appropriations for fiscal 
year 2019 for military activities of the Department of Defense, for 
military construction, and for defense activities of the Department of 
Energy, to prescribe military personnel strengths for such fiscal year, 
and for other purposes; which was ordered to lie on the table; as 
follows:

       At the appropriate place, insert the following:

     SEC. __. NATIONAL INTELLIGENCE ESTIMATE ON NATIONAL SECURITY 
                   THREAT POSED BY TRADE-BASED MONEY LAUNDERING.

       (a) In General.--Not later than the end of the 90-day 
     period beginning on the date of the enactment of this Act, 
     the Director of National Intelligence shall submit to 
     Congress a national intelligence estimate on the threat posed 
     to the national security of the United States by trade-based 
     money laundering.
       (b) Elements.--The national intelligence estimate required 
     by subsection (a) shall include the following:
       (1) An assessment of trade-based money laundering and 
     threat finance at the national and international levels.
       (2) An assessment of the financial dimensions of the threat 
     to the national security of the United States posed by trade-
     based money laundering.
       (3) A description of how terrorist financing and drug 
     trafficking organizations are advancing their illicit 
     activities through the use of licit trade channels.
       (4) An assessment of the adequacy of the systems and tools 
     available to the Federal Government for combating trade-based 
     money laundering.
       (5) Recommendations for coordination between Federal 
     agencies with respect to combating trade-based money 
     laundering and an identification of which Federal agency 
     should be the lead agency for purposes of combating trade-
     based money laundering.
       (6) Recommendations for coordination with the governments 
     of foreign countries with respect to combating trade-based 
     money laundering.
       (c) Extension of Deadline for Submission.--If, before the 
     end of the 90-day period specified in subsection (a), the 
     Director determines that the national intelligence estimate 
     required by that subsection cannot be submitted by the end of 
     that period as required by that subsection, the Director 
     shall (before the end of that period) submit to Congress a 
     report setting forth--
       (1) the reasons why the national intelligence estimate 
     cannot be submitted by the end of that 90-day period; and
       (2) an estimated date for the submission of the national 
     intelligence estimate.
       (d) Form.--
       (1) In general.--The national intelligence estimate 
     required by subsection (a) shall--
       (A) be submitted in classified form; and
       (B) be accompanied by an unclassified summary.
       (2) Public availability.--The unclassified summary required 
     by paragraph (1)(B) shall be made available to the public.
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