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Bill > HR5764


US HR5764

US HR5764
Gun Violence Prevention Through Financial Intelligence Act


summary

Introduced
10/28/2021
In Committee
10/28/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To require the Financial Crimes Enforcement Network to issue an advisory about how homegrown violent extrem- ists and other perpetrators of domestic terrorism procure firearms and firearm accessories, and for other purposes.

AI Summary

This bill requires the Financial Crimes Enforcement Network (FinCEN) to issue an advisory on how homegrown violent extremists and other perpetrators of domestic terrorism procure firearms and firearm accessories. FinCEN must request information from financial institutions on these procurement methods and the ways the firearms market is exploited to facilitate gun violence in the United States. The bill also directs FinCEN to consult with relevant government agencies and firearm sellers before requesting information and to issue the advisory or report on the collected information within 540 days of enactment. Additionally, the bill requires FinCEN to promulgate a rule defining key terms like "firearm accessory," "homegrown violent extremist," "lone wolf," and "lone actor" for the purpose of this legislation.

Committee Categories

Business and Industry

Sponsors (6)

Last Action

Referred to the House Committee on Financial Services. (on 10/28/2021)

bill text


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