II 

117TH CONGRESS 

1ST SESSION S. 3117 

To require the Financial Crimes Enforcement Network to issue an advisory 

about how homegrown violent extremists and other perpetrators of domestic terrorism procure firearms and firearm accessories, and for other 

purposes. 

IN THE SENATE OF THE UNITED STATES 

OCTOBER 28, 2021 

Mr. MARKEY (for himself, Mr. BLUMENTHAL, Mrs. FEINSTEIN, Ms. WARREN, 

and Mr. BOOKER) introduced the following bill; which was read twice and 

referred to the Committee on Banking, Housing, and Urban Affairs 

A BILL 

To require the Financial Crimes Enforcement Network to 

issue an advisory about how homegrown violent extremists and other perpetrators of domestic terrorism procure 

firearms and firearm accessories, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Gun Violence Preven5 tion Through Financial Intelligence Act’’. 


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1 SEC. 2. ADVISORY ON THE PROCUREMENT OF FIREARMS 

2 AND FIREARM ACCESSORIES. 

3 (a) DEFINITIONS.—In this section: 

4 (1) DOMESTIC TERRORISM.—The term ‘‘domes5 tic terrorism’’ has the meaning given the term in 

6 section 2331 of title 18, United States Code. 

7 (2) FINCEN.—The term ‘‘FinCEN’’ means the 

8 Financial Crimes Enforcement Network. 

9 (3) FINANCIAL INSTITUTION.—The term ‘‘fi10 nancial institution’’ has the meaning given the term 

11 in section 5312(a) of title 31, United States Code. 

12 (4) FIREARM.—The term ‘‘firearm’’ has the 

13 meaning given the term in section 921(a) of title 18, 

14 United States Code. 

15 (b) REQUEST FOR INFORMATION.— 

16 (1) IN GENERAL.—Not later than 1 year after 

17 the date of enactment of this Act, FinCEN shall re18 quest information from financial institutions for the 

19 purpose of developing an advisory about the identi20 fication and reporting of suspicious activity relating 

21 to— 

22 (A) how homegrown violent extremists and 

23 perpetrators of domestic terrorism procure fire24 arms and firearm accessories for the purpose of 

25 carrying out lone actor or lone wolf acts of ter26 ror within the United States; and 


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1 (B) the ways in which the firearms market 

2 in the United States is exploited to facilitate 

3 gun violence in the United States. 

4 (2) APPLICATION OF SECTION 5318(g) OF

5 TITLE 31.—Section 5318(g) of title 31, United 

6 States Code, shall apply to a request for information 

7 from a financial institution by FinCEN under para8 graph (1) in the same manner that section applies 

9 to a requirement by the Secretary of the Treasury 

10 of a financial institution to report a suspicious 

11 transaction under that section. 

12 (3) TAILORING.—In requesting information 

13 from a financial institution under paragraph (1), 

14 FinCEN shall consider the size of the financial insti15 tution and tailor the request accordingly. 

16 (4) CONSULTATION.—Before requesting infor17 mation from a financial institution under paragraph 

18 (1), FinCEN shall consult, with respect to the na19 ture of the request, with— 

20 (A) the Director of the Federal Bureau of 

21 Investigation; 

22 (B) the Director of the Bureau of Alcohol, 

23 Tobacco, Firearms and Explosives of the De24 partment of Justice; and 


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1 (C) sellers of firearms and firearm acces2 sories. 

3 (c) ADVISORY.— 

4 (1) SUFFICIENT INFORMATION COLLECTED.— 

5 Not later than 540 days after the date of enactment 

6 of this Act, if FinCEN determines that the informa7 tion collected under subsection (b)(1) is sufficient to 

8 develop the advisory described in that subsection, 

9 FinCEN shall issue the advisory. 

10 (2) INSUFFICIENT INFORMATION COL11 LECTED.—Not later than 540 days after the date of 

12 enactment of this Act, if FinCEN determines that 

13 the information collected under subsection (b)(1) is 

14 not sufficient to develop the advisory described in 

15 that subsection, FinCEN shall submit to the Com16 mittee on Banking, Housing, and Urban Affairs of 

17 the Senate and the Committee on Financial Services 

18 of the House of Representatives a report that de19 scribes— 

20 (A) the type information collected under 

21 subsection (b)(1); 

22 (B) the methodology used to collect such 

23 information; 

24 (C) the degree to which financial institu25 tions provided information requested; 


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1 (D) why such information is not sufficient 

2 to develop the advisory described in subsection 

3 (b)(1); and 

4 (E) any barriers to obtaining the informa5 tion that is required to develop the advisory de6 scribed in subsection (b)(1). 

7 (d) RULEMAKING.—Not later than 90 days after the 

8 date of enactment of this Act, FinCEN, in consultation 

9 with the Director of the Federal Bureau of Investigation 

10 and the Director of the Bureau of Alcohol, Tobacco, Fire11 arms and Explosives of the Department of Justice, shall 

12 promulgate a rule that defines the following terms for the 

13 purpose of this section: 

14 (1) Firearm accessory. 

15 (2) Homegrown violent extremist. 

16 (3) Lone wolf. 

17 (4) Lone actor. 

Æ 


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