summary
Introduced
04/26/2017
04/26/2017
In Committee
04/26/2017
04/26/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
End Banking for Human Traffickers Act of 2017 This bill amends the Victims of Trafficking and Violence Protection Act of 2000 to add the Secretary of the Treasury as a member of the President's Interagency Task Force to Monitor and Combat Trafficking. The task force must submit to Congress recommendations for the revision of anti-money laundering programs to specifically target money laundering related to human trafficking. The Federal Financial Institutions Examination Council must review and enhance, where necessary: (1) training and procedures to improve the ability of anti-money laundering programs to target human trafficking operations, and (2) procedures for referring potential human trafficking cases to the appropriate law enforcement agency. The Department of Justice must report on: (1) efforts to eliminate money laundering related to human trafficking; and (2) the number of investigations, arrests, indictments, and convictions in money laundering cases related to human trafficking.
AI Summary
This bill amends the Victims of Trafficking and Violence Protection Act of 2000 to increase the role of the financial industry in combating human trafficking. It adds the Secretary of the Treasury as a member of the President's Interagency Task Force to Monitor and Combat Trafficking, and requires the Task Force to submit recommendations to Congress on revising anti-money laundering programs to target money laundering related to human trafficking. The bill also requires the Federal Financial Institutions Examination Council to review and enhance training and procedures to improve the ability of anti-money laundering programs to detect and report potential human trafficking cases. Additionally, the Department of Justice must report on efforts to eliminate money laundering related to human trafficking and the associated investigations, arrests, indictments, and convictions.
Committee Categories
Housing and Urban Affairs
Sponsors (3)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 04/26/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/senate-bill/952/all-info |
| BillText | https://www.congress.gov/115/bills/s952/BILLS-115s952is.pdf |
| Bill | https://www.congress.gov/115/bills/s952/BILLS-115s952is.pdf.pdf |
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