Legis Daily

STIFLE Act of 2023

USA118th CongressHR-6605| House 
| Updated: 12/5/2023
Zachary Nunn

Zachary Nunn

Republican Representative

Iowa

Cosponsors (2)
Joyce Beatty (Democratic)Michael Lawler (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Stop Terrorism and Illicit Finance Location Exploitation Act of 2023 or the STIFLE Act of 2023 This bill requires the Department of the Treasury to report on the role location obfuscation technology (IP address manipulation that includes the use of virtual private networks [VPNs] and proxy servers) plays in U.S. sanctions evasions, money laundering, and other illicit finance activity. Treasury must also assess the degree to which a financial technology platform relies upon a user’s IP address to indicate a user’s location and a platform’s ability to use aggregated location data to indicate a user’s location in the event one or more data points have been manipulated. The report must also contain an analysis of techniques to reduce evasion of U.S. sanctions and money laundering laws and regulations.
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Timeline

Bill from Previous Congress

HR 116-7592
STIFLE Act of 2020
Dec 5, 2023
Introduced in House
Dec 5, 2023
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-7592
    STIFLE Act of 2020


  • December 5, 2023
    Introduced in House


  • December 5, 2023
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

STIFLE Act of 2023

USA118th CongressHR-6605| House 
| Updated: 12/5/2023
Stop Terrorism and Illicit Finance Location Exploitation Act of 2023 or the STIFLE Act of 2023 This bill requires the Department of the Treasury to report on the role location obfuscation technology (IP address manipulation that includes the use of virtual private networks [VPNs] and proxy servers) plays in U.S. sanctions evasions, money laundering, and other illicit finance activity. Treasury must also assess the degree to which a financial technology platform relies upon a user’s IP address to indicate a user’s location and a platform’s ability to use aggregated location data to indicate a user’s location in the event one or more data points have been manipulated. The report must also contain an analysis of techniques to reduce evasion of U.S. sanctions and money laundering laws and regulations.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 116-7592
STIFLE Act of 2020
Dec 5, 2023
Introduced in House
Dec 5, 2023
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 116-7592
    STIFLE Act of 2020


  • December 5, 2023
    Introduced in House


  • December 5, 2023
    Referred to the House Committee on Financial Services.
Zachary Nunn

Zachary Nunn

Republican Representative

Iowa

Cosponsors (2)
Joyce Beatty (Democratic)Michael Lawler (Republican)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted