HR 4941 · 111th Congress · Finance and Financial Sector

Anti-Cash Smuggling Act of 2010

Introduced 2010-03-25· Sponsored by Rep. Kirkpatrick, Ann [D-AZ-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2010-03-25)

Plain Language Summary

[AI summary unavailable — showing source text] Anti-Cash Smuggling Act of 2010 - Directs the Secretary of the Treasury to require reports concerning means of access to funds or the value of funds belonging or credited to a person, including electronic means and prepaid or stored cards (but not debit or credit cards). Requires such reports to be filed when a person: (1) transports, is about to transport, or has transported a means of access to funds or the value of funds from a place in the United States to or through a place outside the United States, or to a place in the United States from or through a place outside the United States; or (2) receives a means of access to funds or the value of funds transported into the United States from or through a place outside the United States. Authorizes either the Secretary of the Treasury or the Secretary of Homeland Security (DHS) to apply to a court for a search warrant upon a reasonable belief that: (1) a monetary instrument or a tangible mechanism that constitutes a means of access to funds or the value of funds is being transported; and (2) a required report has not been filed or contains a material omission or misstatement. Authorizes a customs officer to stop and search, at the …

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (9)

6 Democrats3 Republicans