summary
Introduced
02/27/2019
02/27/2019
In Committee
02/27/2019
02/27/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to ensure that the Financial Crimes Enforcement Network works with Tribal law enforcement agencies, protects against all forms of terrorism, and focuses on virtual currencies. This bill amends the duties of the Financial Crimes Enforcement Network (FinCEN). FinCEN must work with tribal law enforcement agencies, protect against terrorism regardless of origin, and coordinate internationally on matters involving emerging technology and virtual currency.
AI Summary
This bill, the FinCEN Improvement Act of 2019, aims to strengthen the Financial Crimes Enforcement Network (FinCEN) in several ways. It requires FinCEN to work more closely with Tribal law enforcement agencies, protect against all forms of terrorism (including domestic terrorism) regardless of origin, and coordinate internationally on matters involving emerging technologies and virtual currencies. The bill also expands FinCEN's coordination with federal, state, local, and foreign law enforcement authorities to combat financial crimes, terrorist financing, money laundering, and other illicit activities.
Committee Categories
Housing and Urban Affairs
Sponsors (5)
Catherine Cortez Masto (D)*,
Bill Cassidy (R),
Jerry Moran (R),
Kyrsten Sinema (I),
Elizabeth Warren (D),
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 02/27/2019)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/582/all-info |
| BillText | https://www.congress.gov/116/bills/s582/BILLS-116s582is.pdf |
| Bill | https://www.congress.gov/116/bills/s582/BILLS-116s582is.pdf.pdf |
Loading...