National Strategy for Combating the Financing of Transnational Criminal Organizations Act

Bill: 115-hr-4768
Sponsor: Rep. Kustoff, David [R-TN-8]
Introduced: 2018-01-11 in the House
Policy area: Crime and Law Enforcement
Subjects: Banking and financial institutions regulation
Computer security and identity theft
Congressional oversight
Criminal investigation, prosecution, interrogation
Currency
Drug trafficking and controlled substances
Fraud offenses and financial crimes
Human trafficking
International organizations and cooperation
Law enforcement administration and funding
Organized crime
Terrorism

Summary:
action_date: 2018-01-11
text: 

National Strategy for Combating the Financing of Transnational Criminal Organizations Act

 
This bill directs the Department of the Treasury to develop a national strategy to combat the financial networks of transnational organized criminals.

action_date: 2018-02-13
text: 

National Strategy for Combating the Financing of Transnational Criminal Organizations Act

 
(Sec. 2) This bill directs the Department of the Treasury, in consultation with various U.S. agencies and departments, to develop a national strategy to combat the financial networks of transnational organized criminals.
 
Treasury must submit to Congress and regularly update the national strategy.
 
(Sec. 3) The national strategy must: 
 
 
identify and assess the most significant transnational organized crime threats;
 
identify the individuals, entities, and networks that financially support or facilitate transnational organized criminals and assess the scope of such support;
 
assess the methods by which transnational organized crime groups launder illicit proceeds;
 
describe the roles of U.S. agencies and departments to combat the financing and financial facilitation of transnational organized crime groups; and
 
review current efforts and proposed changes to combat the financing or financial facilitation of transnational organized crime.
 
 

action_date: 2018-03-06
text: 
(This measure has not been amended since it was reported to the House on February 13, 2018. The summary of that version is repeated here.)
 

National Strategy for Combating the Financing of Transnational Criminal Organizations Act

 
(Sec. 2) This bill directs the Department of the Treasury, in consultation with various U.S. agencies and departments, to develop a national strategy to combat the financial networks of transnational organized criminals.
 
Treasury must submit to Congress and regularly update the national strategy.
 
(Sec. 3) The national strategy must: 
 
 
identify and assess the most significant transnational organized crime threats;
 
identify the individuals, entities, and networks that financially support or facilitate transnational organized criminals and assess the scope of such support;
 
assess the methods by which transnational organized crime groups launder illicit proceeds;
 
describe the roles of U.S. agencies and departments to combat the financing and financial facilitation of transnational organized crime groups; and
 
review current efforts and proposed changes to combat the financing or financial facilitation of transnational organized crime.
 
 


Legislative actions:
action_date: 2018-03-07
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2018-03-06
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2018-03-06
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1395)
action_date: 2018-03-06
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H1395)
action_date: 2018-03-06
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 4768.
action_date: 2018-03-06
text: Considered under suspension of the rules. (consideration: CR H1395-1398)
action_date: 2018-03-06
text: Mr. Barr moved to suspend the rules and pass the bill, as amended.
action_date: 2018-02-13
text: Placed on the Union Calendar, Calendar No. 415.
action_date: 2018-02-13
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 115-553.
action_date: 2018-02-13
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 115-553.
action_date: 2018-01-18
text: Ordered to be Reported (Amended) by the Yeas and Nays: 53 - 0.
action_date: 2018-01-18
text: Committee Consideration and Mark-up Session Held.
action_date: 2018-01-17
text: Committee Consideration and Mark-up Session Held.
action_date: 2018-01-11
text: Referred to the House Committee on Financial Services.
action_date: 2018-01-11
text: Introduced in House
action_date: 2018-01-11
text: Introduced in House