I 
113TH CONGRESS 
1ST SESSION H. R. 3700 
To instruct the Secretary of the Treasury to use 25 percent of civil fines 
collected for violations of the Bank Secrecy Act to make grants to 
community financial institutions to improve compliance with the provi-
sions of that Act, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 11, 2013 
Mr. HINOJOSA (for himself, Ms. SHEA-PORTER, and Mr. VELA) introduced the 
following bill; which was referred to the Committee on Financial Services 
A BILL 
To instruct the Secretary of the Treasury to use 25 percent 
of civil fines collected for violations of the Bank Secrecy 
Act to make grants to community financial institutions 
to improve compliance with the provisions of that Act, 
and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Building Community 
Financial Institutions’ Capacity to Combat Money Laun-
dering Act’’. 
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SEC. 2. BSA COMPLIANCE IMPROVEMENT GRANTS. 
(a) IN GENERAL.—Subchapter II of chapter 53 of 
title 31, United States Code, is amended— 
(1) in section 5321, by adding at the end the 
following: 
‘‘(f) CIVIL FINES USED FOR COMPLIANCE IMPROVE-
MENTS.— 
‘‘(1) IN GENERAL.—For each year, 25 percent 
of all civil money penalties imposed on domestic fi-
nancial institutions pursuant to this section shall be 
deposited into the BSA Compliance Fund estab-
lished under section 5333. 
‘‘(2) FINES UNDER OTHER LAW FOR ACTIONS 
THAT VIOLATE THIS SECTION.—If a domestic finan-
cial institution pays a civil fine under any other pro-
vision of Federal law with respect to an action for 
which a civil money penalty is imposed under this 
section, 25 percent of such civil fine shall be depos-
ited into the BSA Compliance Fund established 
under section 5333.’’; and 
(2) by adding at the end the following: 
‘‘§ 5333. Compliance improvement grants 
‘‘(a) BSA COMPLIANCE FUND.—There is established 
a fund in the Treasury to be known as the ‘BSA Compli-
ance Fund’ (the ‘Fund’), which shall be used to carry out 
the grant program under this section. 
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‘‘(b) COMPLIANCE GRANTS.— 
‘‘(1) IN GENERAL.—Subject to the availability 
of funds in the Fund, the Secretary of the Treasury 
shall make grants to community financial institu-
tions to improve compliance with the requirements 
of this subchapter. 
‘‘(2) APPLICATION.—A community financial in-
stitution that wishes to receive a grant under this 
section shall submit an application to the Secretary, 
in such form and manner as the Secretary deter-
mines appropriate, that contains— 
‘‘(A) a compliance improvement plan that 
details how the grant will be used to improve 
compliance with the requirements of this sub-
chapter; 
‘‘(B) the estimated cost of implementing 
such plan; and 
‘‘(C) such other information as the Sec-
retary determines appropriate. 
‘‘(3) COMPETITIVE SELECTION; PRIORITY FOR 
CERTAIN AREAS.—The Secretary shall select which 
community financial institutions receive a grant 
under this section on a competitive basis based on 
the plans submitted under paragraph (2), and shall 
give priority to institutions located in counties that 
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