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H.R. 6068

Counter Terrorism and Illicit Finance Act

Counter Terrorism and Illicit Finance Act

This bill (1) increases the threshold dollar amounts above which financial institutions are required to file currency-transaction and suspicious-activity reports with the Financial Crimes Enforcement Network (FinCEN), (2) directs FinCEN to establish a process for no-action letters, and (3) modifies other provisions related to anti-money laundering and counterterrorist financing.

Referred to the House Committee on Financial Services.

Rep. Pearce, Stevan [R-NM-2](R-NM)Sponsor
2 cosponsors2 R
2cosponsors1committees4actions8related bills18subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

  4. Committee

    Hearings Held by the Subcommittee on Terrorism and Illicit Finance Prior to Introduction and Referral.

    Terrorism and Illicit Finance Subcommittee
Counter Terrorism and Illicit Finance Act — Informed