HR 5594 · 114th Congress · Finance and Financial Sector

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

Introduced 2016-06-28· Sponsored by Rep. Fitzpatrick, Michael G. [R-PA-8]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2016-07-12)

Plain Language Summary

[AI summary unavailable — showing source 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.…

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

Cosponsors (20)

9 Democrats11 Republicans