Amendment109th Congress
Amendment adds to the bill the text of the "Combating Terrorism Financing Act of 2005".
- Amendment Number
- 502
- Description
- Amendment adds to the bill the text of the "Combating Terrorism Financing Act of 2005".
- Purpose
- An amendment numbered 14 printed in part B of House Report 109-178 to increase the penalties for activities constituting terrorism financing from $11,000 to $50,000 per unlawful transaction and criminal sentences from 10 to 20 years. Provides for additional terrorism-financing offenses (such asthe use of Hawalas) as predicate offenses to money laundering statues. Adds provisions to seize assets of persons committing terrorist acts against foreign countries or international organizations. Amendment also clarifies the law regarding transaction involving criminal proceeds and provides for technical corrections.
- Congress
- 109
- Type
- HAMDT
- Latest Action Date
- Jul 21, 2005
- Latest Action Text
- On agreeing to the Hart amendment Agreed to by recorded vote: 387 - 38 (Roll no. 411).
- Latest Action Time
- 20:44:48
- Submitted Date
- Jul 21, 2005
- Chamber
- House of Representatives
- Update Date
- Feb 3, 2022