Combating Terrorism Financing Act of 2005

Bill: 109-hr-3007
Sponsor: Rep. Hart, Melissa A. [R-PA-4]
Introduced: 2005-06-21 in the House
Policy area: Crime and Law Enforcement
Subjects: Alien labor
Armed Forces and National Security
Civil Rights and Liberties, Minority Issues
Civil actions and liability
Criminal investigation
Economics and Public Finance
Evidence (Law)
Finance and Financial Sector
Fines (Penalties)
Foreign Trade and International Finance
Forfeiture
Fraud
Immigration
International Affairs
International agencies
Jurisdiction
Labor and Employment
Law
Military training
Money laundering
Organized crime
Right of property
Social Welfare
Social security numbers
Terrorism
Underground economy

Summary:
action_date: 2005-06-21
text: 
Combating Terrorism Financing Act of 2005 - Amends the International Emergency Economic Powers Act to increase penalties for violating a license, order, or regulation under the Act.
 
Amends the Racketeer Influenced and Corrupt Organizations Act (RICO) to expand its scope to include offenses relating to the financing of terrorism and violations of the Social Security Act relating to obtaining funds through the misuse of a social security number. Authorizes the Department of Homeland Security to investigate violations of money laundering and related offenses. Directs that a transaction or transfer of funds be considered to involve the proceeds of specified unlawful activity if it is part of a set of parallel or dependent transactions involving such proceeds.
 
Amends the federal criminal code to: (1) provide for civil forfeiture to the United States of the assets of any individual or organization engaged in planning or perpetrating an act of international terrorism against any international organization or against any foreign government; and (2) establish procedures for contesting the confiscation of assets of suspected international terrorists.
 
Amends RICO to make receiving military-type training from a foreign terrorist organization a predicate offense to violation of money laundering provisions.


Legislative actions:
action_date: 2005-07-01
text: Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
action_date: 2005-06-21
text: Referred to the Committee on the Judiciary, and in addition to the Committee on International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-06-21
text: Referred to the Committee on the Judiciary, and in addition to the Committee on International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-06-21
text: Referred to the Committee on the Judiciary, and in addition to the Committee on International Relations, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2005-06-21
text: Introduced in House
action_date: 2005-06-21
text: Introduced in House