Legis Daily

Combating Terrorist and Other Illicit Financing Act

USA117th CongressHR-6388| House 
| Updated: 1/12/2022
Michael F. Q. San Nicolas

Michael F. Q. San Nicolas

Democratic Representative

Guam

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Combating Terrorist and Other Illicit Financing Act This bill revises provisions related to the National Strategy for Combating Terrorist and Other Illicit Financing developed by the Department of the Treasury. Currently, the strategy must be published through 2022. The bill requires the strategy to be published in 2024 and 2026. The bill also revises how Treasury evaluates existing efforts as part of the strategy. Additionally, tribal and territorial entities must be (1) eligible for grant programs to combat financial crime, and (2) included in efforts to combat illicit finance.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 12, 2022
Introduced in House
Jan 12, 2022
Referred to the House Committee on Financial Services.
  • January 12, 2022
    Introduced in House


  • January 12, 2022
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • HR 117-4350: National Defense Authorization Act for Fiscal Year 2022
Banking and financial institutions regulationCongressional oversightCrime preventionCriminal investigation, prosecution, interrogationFederal-Indian relationsFraud offenses and financial crimesGovernment information and archivesIntergovernmental relationsLaw enforcement administration and fundingMilitary operations and strategyTerrorism

Combating Terrorist and Other Illicit Financing Act

USA117th CongressHR-6388| House 
| Updated: 1/12/2022
Combating Terrorist and Other Illicit Financing Act This bill revises provisions related to the National Strategy for Combating Terrorist and Other Illicit Financing developed by the Department of the Treasury. Currently, the strategy must be published through 2022. The bill requires the strategy to be published in 2024 and 2026. The bill also revises how Treasury evaluates existing efforts as part of the strategy. Additionally, tribal and territorial entities must be (1) eligible for grant programs to combat financial crime, and (2) included in efforts to combat illicit finance.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jan 12, 2022
Introduced in House
Jan 12, 2022
Referred to the House Committee on Financial Services.
  • January 12, 2022
    Introduced in House


  • January 12, 2022
    Referred to the House Committee on Financial Services.
Michael F. Q. San Nicolas

Michael F. Q. San Nicolas

Democratic Representative

Guam

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HR 117-4350: National Defense Authorization Act for Fiscal Year 2022
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Banking and financial institutions regulationCongressional oversightCrime preventionCriminal investigation, prosecution, interrogationFederal-Indian relationsFraud offenses and financial crimesGovernment information and archivesIntergovernmental relationsLaw enforcement administration and fundingMilitary operations and strategyTerrorism