Legis Daily

GUARD Act

USA119th CongressHR-2978| House 
| Updated: 4/21/2025
Zachary Nunn

Zachary Nunn

Republican Representative

Iowa

Cosponsors (30)
John W. Mannion (Democratic)Barry Moore (Republican)Gabe Vasquez (Democratic)Jefferson Van Drew (Republican)Thomas P. Tiffany (Republican)Robert J. Wittman (Republican)Laura Gillen (Democratic)Thomas R. Suozzi (Democratic)Maria Elvira Salazar (Republican)Derek Tran (Democratic)Daniel Meuser (Republican)Andy Barr (Republican)Jefferson Shreve (Republican)Roger Williams (Republican)Jahana Hayes (Democratic)Glenn Grothman (Republican)Troy E. Nehls (Republican)Josh Harder (Democratic)Scott Fitzgerald (Republican)Troy Downing (Republican)Eric Sorensen (Democratic)David G. Valadao (Republican)Julia Brownley (Democratic)Sarah McBride (Democratic)Marlin A. Stutzman (Republican)Josh Gottheimer (Democratic)Michael Lawler (Republican)George Whitesides (Democratic)Susie Lee (Democratic)Tim Moore (Republican)

Financial Services Committee, Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill expands the permissible uses of certain federal grant funds for State, local, and Tribal law enforcement agencies. These agencies can now use funds from programs like the Department of Justice's Economic, High-Technology, White Collar, and Internet Crime Prevention National Training and Technical Assistance Program to investigate elder financial fraud , pig butchering , and general financial fraud . Funds can be allocated for hiring personnel, providing specialized training on complex financial investigations including blockchain intelligence tools , acquiring software, improving data collection, and fostering coordination with financial institutions. Law enforcement agencies utilizing these funds must submit a report to the grant provider within one year, detailing fund usage, statistics on fraud, and an assessment of their deterrence capabilities. Additionally, the bill mandates reports from the Secretary of the Treasury and the Director of FinCEN to Congress on the state of financial fraud and scams, including estimates of consumer losses and enforcement actions. It also explicitly permits Federal law enforcement agencies to assist State, local, and Tribal agencies with tracing tools for blockchain and related technologies.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 117-8661
GUARD Act

Bill from Previous Congress

HR 117-3262
GUARD Act

Bill from Previous Congress

HR 118-7846
GUARD Act

Bill from Previous Congress

HR 118-6258
GUARD Act
Mar 5, 2025

Latest Companion Bill Action

S 119-851
Introduced in Senate
Apr 21, 2025
Introduced in House
Apr 21, 2025
Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • Bill from Previous Congress

    HR 117-8661
    GUARD Act


  • Bill from Previous Congress

    HR 117-3262
    GUARD Act


  • Bill from Previous Congress

    HR 118-7846
    GUARD Act


  • Bill from Previous Congress

    HR 118-6258
    GUARD Act


  • March 5, 2025

    Latest Companion Bill Action

    S 119-851
    Introduced in Senate


  • April 21, 2025
    Introduced in House


  • April 21, 2025
    Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Crime and Law Enforcement

Related Bills

  • S 119-2544: GUARD Act

GUARD Act

USA119th CongressHR-2978| House 
| Updated: 4/21/2025
This bill expands the permissible uses of certain federal grant funds for State, local, and Tribal law enforcement agencies. These agencies can now use funds from programs like the Department of Justice's Economic, High-Technology, White Collar, and Internet Crime Prevention National Training and Technical Assistance Program to investigate elder financial fraud , pig butchering , and general financial fraud . Funds can be allocated for hiring personnel, providing specialized training on complex financial investigations including blockchain intelligence tools , acquiring software, improving data collection, and fostering coordination with financial institutions. Law enforcement agencies utilizing these funds must submit a report to the grant provider within one year, detailing fund usage, statistics on fraud, and an assessment of their deterrence capabilities. Additionally, the bill mandates reports from the Secretary of the Treasury and the Director of FinCEN to Congress on the state of financial fraud and scams, including estimates of consumer losses and enforcement actions. It also explicitly permits Federal law enforcement agencies to assist State, local, and Tribal agencies with tracing tools for blockchain and related technologies.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 117-8661
GUARD Act

Bill from Previous Congress

HR 117-3262
GUARD Act

Bill from Previous Congress

HR 118-7846
GUARD Act

Bill from Previous Congress

HR 118-6258
GUARD Act
Mar 5, 2025

Latest Companion Bill Action

S 119-851
Introduced in Senate
Apr 21, 2025
Introduced in House
Apr 21, 2025
Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • Bill from Previous Congress

    HR 117-8661
    GUARD Act


  • Bill from Previous Congress

    HR 117-3262
    GUARD Act


  • Bill from Previous Congress

    HR 118-7846
    GUARD Act


  • Bill from Previous Congress

    HR 118-6258
    GUARD Act


  • March 5, 2025

    Latest Companion Bill Action

    S 119-851
    Introduced in Senate


  • April 21, 2025
    Introduced in House


  • April 21, 2025
    Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Zachary Nunn

Zachary Nunn

Republican Representative

Iowa

Cosponsors (30)
John W. Mannion (Democratic)Barry Moore (Republican)Gabe Vasquez (Democratic)Jefferson Van Drew (Republican)Thomas P. Tiffany (Republican)Robert J. Wittman (Republican)Laura Gillen (Democratic)Thomas R. Suozzi (Democratic)Maria Elvira Salazar (Republican)Derek Tran (Democratic)Daniel Meuser (Republican)Andy Barr (Republican)Jefferson Shreve (Republican)Roger Williams (Republican)Jahana Hayes (Democratic)Glenn Grothman (Republican)Troy E. Nehls (Republican)Josh Harder (Democratic)Scott Fitzgerald (Republican)Troy Downing (Republican)Eric Sorensen (Democratic)David G. Valadao (Republican)Julia Brownley (Democratic)Sarah McBride (Democratic)Marlin A. Stutzman (Republican)Josh Gottheimer (Democratic)Michael Lawler (Republican)George Whitesides (Democratic)Susie Lee (Democratic)Tim Moore (Republican)

Financial Services Committee, Judiciary Committee

Crime and Law Enforcement

Related Bills

  • S 119-2544: GUARD Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted