Ask AI
H.R. 2622

Countering Terrorist Financing Act of 2017

Countering Terrorist Financing Act of 2017

This bill revises the authority of the Department of the Treasury to issue an order imposing recordkeeping and reporting requirements upon financial institutions and nonfinancial trade or business groups in certain geographic areas regarding transactions for the payment, receipt, or transfer of U.S. coins or currency (or other monetary instruments as Treasury may describe in an order). Specifically, a Treasury order for recordkeeping and reporting may include any funds (not just U.S. coins or currency) involved in such transactions.

Referred to the House Committee on Financial Services.

Rep. Lynch, Stephen F. [D-MA-8](D-MA)Sponsor
4 cosponsors3 D1 R
4cosponsors1committees3actions5related bills5subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Countering Terrorist Financing Act of 2017 — Informed