Bill
Bill > HR7592
US HR7592
US HR7592STIFLE Act of 2020 Stopping Trafficking, Illicit Flows, Laundering, and Exploitation Act of 2020
summary
Introduced
07/13/2020
07/13/2020
In Committee
07/13/2020
07/13/2020
Crossed Over
09/22/2020
09/22/2020
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
STIFLE Act of 2020 STIFLE Act of 2020 Stopping Trafficking, Illicit Flows, Laundering, and Exploitation Act of 2020 Stopping Trafficking, Illicit Flows, Laundering, and Exploitation Act of 2020 This bill requires the Government Accountability Office (GAO) to study the illicit trafficking of people, money, and goods by transnational criminal organizations, terrorists, and others. The GAO must report on various topics related to illicit trafficking, including major trafficking routes and common methods of laundering proceeds. It must also provide recommendations for legislative or regulatory changes to combat trafficking or the laundering of proceeds from trafficking.
AI Summary
This bill, the Stopping Trafficking, Illicit Flows, Laundering, and Exploitation Act of 2020 (STIFLE Act of 2020), requires the Government Accountability Office (GAO) to study the illicit trafficking of people, money, and goods by transnational criminal organizations, terrorists, and others. The study will examine major trafficking routes, common money laundering methods, the link between trafficking and fraud, and the role of emerging technologies in facilitating or combating trafficking. The GAO must report on its findings and provide recommendations for legislative or regulatory changes to address trafficking and the laundering of trafficking proceeds.
Committee Categories
Business and Industry, Housing and Urban Affairs
Sponsors (2)
Last Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 09/22/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...