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Bill > HR3100


US HR3100

To require the President to develop a national strategy for combating the financing of terrorism and related forms of illicit finance, and for other purposes.


summary

Introduced
06/28/2017
In Committee
06/28/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

To require the President to develop a national strategy for combating the financing of terrorism and related forms of illicit finance, and for other purposes. This bill requires the President to develop a strategy to prevent the financing of terrorism. The strategy shall contain: (1) an assessment of present efforts and existing threats, (2) proposed changes and initiatives, (3) a discussion of the role of the private sector and the enhancement of intergovernmental cooperation, (4) an analysis of emerging threats and the use of technological enhancements to stop the financing of terrorism, and (5) a multiyear budget plan .

AI Summary

This bill requires the President to develop a national strategy for combating the financing of terrorism and related forms of illicit finance. The strategy must include an assessment of existing efforts and threats, proposed changes and initiatives, a discussion of the role of the private sector and enhancing intergovernmental cooperation, an analysis of emerging threats and the use of technology, and a multiyear budget plan. The President must submit the initial strategy to Congress within one year and provide updates every two years thereafter. Classified information may be presented separately in a classified annex.

Committee Categories

Business and Industry

Sponsors (25)

Last Action

Referred to the House Committee on Financial Services. (on 06/28/2017)

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