‘‘(e) CIVIL PENALTY FOR FAILURE TO COMPLY WITH
REGISTRATION REQUIREMENTS.—
‘‘(1) IN
GENERAL.—Any person who fails to
comply with the money transmitting business reg-
istration requirements under subsection (a) or regula-
tions prescribed under such subsection shall be liable
to the United States for a civil penalty of $5,000 for
each such violation.
‘‘(2) CONTINUING VIOLATION.—Each day a vio-
lation described in paragraph (1) continues shall con-
stitute a separate violation for purposes of such para-
graph.
‘‘(3) 
ASSESSMENTS.—Any 
penalty 
imposed
under this subsection shall be assessed and collected by
the Secretary of the Treasury in the manner provided
in section 5321 and any such assessment shall be sub-
ject to the provisions of such section.’’.
(c) CRIMINAL PENALTY FOR FAILURE TO COMPLY
WITH REGISTRATION REQUIREMENTS.—Section 1960(b)(1)
of title 18, United States Code, is amended to read as
follows:
‘‘(1) the term ‘illegal money transmitting busi-
ness’ means a money transmitting business which af-
fects interstate or foreign commerce in any manner or
degree and—
‘‘(A) is intentionally operated without an
appropriate money transmitting license in a
State where such operation is punishable as a
misdemeanor or a felony under State law; or
‘‘(B) fails to comply with the money trans-
mitting business registration requirements under
section 5329 of title 31, United States Code, or
regulations prescribed under such section;’’.
(d) CIVIL FORFEITURE.—Section 981(a)(1)(A) of title
18, United States Code, is amended by striking ‘‘or of sec-
tion 1956 or 1957 of this title,’’ and inserting ‘‘, or of sec-
tion 1956, 1957, or 1960 of this title,’’.
(e) CLERICAL AMENDMENT.—The table of sections for
chapter 53 of title 31, United States Code, is amended by
inserting after the item relating to section 5328 the follow-
ing new item:
‘‘5329. Registration of money transmitting businesses.’’.
SEC. 9. UNIFORM FEDERAL REGULATION OF CASINOS.
AMENDMENT TO DEFINITION OF FINANCIAL INSTITU-
TION TO SPECIFICALLY INCLUDE CERTAIN CASINOS.—Sec-
tion 5312(a)(2) of title 31, United States Code, is amend-
ed—
(1) by redesignating subparagraphs (X) and (Y)
as subparagraphs (Y) and (Z), respectively; and
(2) by inserting after subparagraph (W) the fol-
lowing new subparagraph:
‘‘(X) a casino, gambling casino, or gaming
establishment with an annual gaming revenue of
more than $1,000,000 which—
‘‘(i) is licensed as a casino or gambling
casino under the laws of any State or any
political subdivision of any State; or
‘‘(ii) is an Indian gaming operation
conducted under or pursuant to the Indian
Gaming Regulatory Act other than an oper-
ation which is limited to class I gaming (as
defined in section 4(6) of such Act);’’.
SEC. 10. UNIFORM FEDERAL ADMINISTRATION OF RECORD-
KEEPING AND REPORTING REQUIREMENTS.
(a) IN GENERAL.—Section 5318 of title 31, United
States Code, is amended by adding at the end the following
new subsection:
‘‘(i) UNIFORM ADMINISTRATION OF SUBCHAPTER.—
‘‘(1) NO EXEMPTIONS.—No exemption from any
recordkeeping or reporting requirement of this sub-
chapter, including paragraph (1), or of any regula-
tion prescribed pursuant to this subchapter may be
granted to—
‘‘(A) any State or any political subdivision
of a State on behalf of any financial institution
which but, for such exemption, would be required
to maintain records or file reports under this
subchapter or regulations prescribed by the Sec-
retary of the Treasury pursuant to this sub-
chapter; or
‘‘(B) any financial institution on the basis
that any State, any political subdivision of any
State, or any officer, agency, or other authority
of any such State or political subdivision regu-
lates or examines such institution.
‘‘(2) REPORTS
REQUIRED
TO
BE
FILED
WITH
FEDERAL AGENCY.—Any report required under this
subchapter or regulations prescribed by the Secretary
of the Treasury pursuant to this subchapter shall be
filed by the person required to make the report with
the Secretary of the Treasury or an officer or agency
of the United States designated by the Secretary to re-
ceive such report.’’.
(b) TECHNICAL
AND CONFORMING AMENDMENTS.—
Section 5318(a) of title 31, United States Code, is amend-
ed—
(1) in paragraph (1), by inserting ‘‘or (i)’’ after
‘‘subsection (b)(2)’’; and
(2) in paragraph (5), by inserting ‘‘except as
provided in subsection (i),’’ before ‘‘prescribe an ap-
propriate exemption’’.
(c) REVOCATION OF PRIOR EXEMPTION.—Any exemp-
tion granted under subchapter II of chapter 53 of title 31,
United States Code, by the Secretary of the Treasury before
the date of the enactment of the Money Laundering Sup-
pression Act of 1994 to any State or local government on
behalf of any financial institution (as defined in such sub-
chapter) is hereby revoked as of the end of the 30-day period
beginning on the date of the enactment of this Act.
SEC. 11. CRIMINAL AND CIVIL PENALTY FOR STRUCTURING
DOMESTIC 
AND 
INTERNATIONAL 
TRANS-
ACTIONS.
(a) CRIMINAL PENALTY.—Section 5324 of title 31,
United States Code, is amended by adding at the end the
following new subsection:
‘‘(c) CRIMINAL PENALTY.—
‘‘(1) IN GENERAL.—Whoever violates this section
shall be fined in accordance with title 18, United
States Code, imprisoned for not more than 5 years,
or both.
‘‘(2) ENHANCED
PENALTY
FOR
AGGRAVATED
CASES.—Whoever violates this section while violating
another law of the United States or as part of a pat-
tern of any illegal activity involving more than
$100,000 in a 12-month period shall be fined twice
the amount provided in subsection (b)(3) or (c)(3) (as
the case may be) of section 3571 of title 18, United
States Code, imprisoned for not more than 10 years,
or both.’’.
(b) AMENDMENT RELATING TO CIVIL PENALTY.—Sec-
tion 5321(a)(4)(A) of title 31, United States Code, is
amended by striking ‘‘willfully’’.
(c) TECHNICAL AND CONFORMING AMENDMENT.—Sub-
sections (a) and (b) of section 5322 of title 31, United States
Code, are amended by inserting ‘‘or 5324’’ after ‘‘section
5315’’ each place such term appears.
SEC. 12. GAO STUDY OF CASHIERS’ CHECKS.
(a) STUDY REQUIRED.—The Comptroller General of
the United States shall conduct a study to—
(1) determine the extent to which the practice of
issuing of cashiers’ checks by financial institutions is
vulnerable to money laundering schemes;
(2) determine the extent to which additional rec-
ordkeeping requirements should be imposed on finan-
cial institutions which issue cashiers’ checks; and
(3) analyze such other factors relating to the use
and regulation of cashiers’ checks as the Comptroller
General determines to be appropriate.
(b) REPORT REQUIRED.—Before the end of the 6-
month period beginning on the date of the enactment of this
(1) Effective as of the date of the enactment of
the Annunzio-Wylie Anti-Money Laundering Act, sec-
tion 1517(b) of such Act is amended by striking
‘‘5314’’ and inserting ‘‘5318’’.
(2) Section 5239 of the Revised Statutes of the
United States is amended by redesignating the 2d
subsection (c) (as added by section 1502(a) of the An-
nunzio-Wylie Anti-Money Laundering Act) as sub-
section (d).
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