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H.R. 3747

FASTER Act of 2017

Freezing Assets of Suspected Terrorists and Enemy Recruits Act of 2017 or the FASTER Act of 2017

This bill directs a federal law enforcement agency to notify the Financial Crimes Enforcement Network (FinCEN) in the Department of the Treasury of an arrest of an individual under suspicion of participating in domestic terrorism or providing material support for terrorism. FinCEN must then order any appropriate financial institution to freeze that individual's assets.

The bill also sets forth provisions for contesting a freeze, unfreezing assets, and disposing of assets in the event of a conviction.

The Federal Bureau of Investigation must establish a national clearinghouse of incidents of homegrown "lone wolf" terrorism, domestic terrorism, and the provision of material support to terrorists. The clearinghouse must maintain information for purposes of cross-referencing and assisting investigations of law enforcement agencies.

Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.

Rep. Gottheimer, Josh [D-NJ-5](D-NJ)Sponsor
2 cosponsors2 R
2cosponsors2committees5actions5subjects
  1. Committee

    Referred to the Subcommittee on Crime, Terrorism, Homeland Security, and Investigations.

    Crime and Federal Government Surveillance Subcommittee
  2. IntroReferralH11100

    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.

    Financial Services Committee
  3. IntroReferralH11100

    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.

    Judiciary Committee
  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

FASTER Act of 2017 — Informed