Bill

Bill > HR6343


US HR6343

US HR6343
Illicit Finance Improvements Act


summary

Introduced
12/23/2021
In Committee
12/23/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To expand the scope of the meetings of the supervisory team on countering illicit finance, to improve the com- bating of Russian money laundering, and for other pur- poses.

AI Summary

This bill, the Illicit Finance Improvements Act, aims to expand the scope of the meetings of the supervisory team on countering illicit finance, including proliferation finance and sanctions evasion. It also includes provisions to improve the combating of Russian money laundering, such as allowing the use of classified information in judicial reviews, exempting certain financial reports from disclosure requirements, applying penalties for violations of special measures, and allowing the Treasury Secretary to seek injunctions to prevent violations.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Financial Services. (on 12/23/2021)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...