National Strategy for Combating Terrorist, Underground, and Other Illicit Financing Act

Bill: 114-hr-5594
Sponsor: Rep. Fitzpatrick, Michael G. [R-PA-8]
Introduced: 2016-06-28 in the House
Policy area: Finance and Financial Sector
Subjects: Banking and financial institutions regulation
Computer security and identity theft
Computers and information technology
Congressional oversight
Criminal investigation, prosecution, interrogation
Currency
Department of the Treasury
Diplomacy, foreign officials, Americans abroad
Foreign and international banking
Fraud offenses and financial crimes
Government information and archives
Intergovernmental relations
Public-private cooperation
Technology assessment
Terrorism

Summary:
action_date: 2016-06-28
text: 

National Strategy for Combating Terrorist, Underground, and Other Illicit Financing Act 

 
This bill directs the President, acting through the Department of the Treasury, to develop a national strategy for combating the financing of terrorism and related forms of illicit finance. 
 
The national strategy shall focus upon selected aspects, including: (1) threats, goals, objectives, and priorities; (2) coordination with domestic and international governmental entities; (3) the role of the private financial sector in prevention of illicit finance; (4) project and budget priorities; (5) the use and role of Treasury attaches; (6) illicit finance and cyber crime; and (7) technology. 

action_date: 2016-07-11
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

National Strategy for Combating Terrorist, Underground, and Other Illicit Financing Act 

 
(Sec. 3) This bill directs the President, acting through the Department of the Treasury, to develop a national strategy for combating the financing of terrorism and related forms of illicit finance. 
 
(Sec. 4) The national strategy shall focus upon selected aspects, including: (1) threats, goals, objectives, and priorities; (2) coordination with domestic and international governmental entities; (3) the role of the private financial sector in prevention of illicit finance; (4) project and budget priorities; (5) the use and role of Treasury attaches; (6) illicit finance and cyber crime; and (7) technology. 


Legislative actions:
action_date: 2016-07-12
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2016-07-11
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2016-07-11
text: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4583-4584)
action_date: 2016-07-11
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H4583-4584)
action_date: 2016-07-11
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 5594.
action_date: 2016-07-11
text: Considered under suspension of the rules. (consideration: CR H4583-4586)
action_date: 2016-07-11
text: Mr. Fitzpatrick moved to suspend the rules and pass the bill.
action_date: 2016-06-28
text: Referred to the House Committee on Financial Services.
action_date: 2016-06-28
text: Introduced in House
action_date: 2016-06-28
text: Introduced in House