Bulk Cash Smuggling Act of 2001

Fact Sheet API

Bill Number

HR 2922

Introduced

Sep 20, 2001

Latest Action

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Sponsor

Cosponsors

Topics

Bank records Commerce Common carriers Conspiracy Crime and Law Enforcement Evidence (Law) Finance and Financial Sector Fines (Penalties) Forfeiture Government Operations and Politics Government paperwork Interstate commerce Law Money Money laundering Obstruction of justice Searches and seizures Sentences (Criminal procedure) Smuggling Transportation and Public Works

Full Text

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Votes

Summary

Bulk Cash Smuggling Act of 2001 - Amends Federal law governing monetary transactions to establish as a bulk cash smuggling offense the knowing concealment and attempted transport (or transfer) across U.S. borders, with intent to evade specified currency reporting requirements, of currency and monetary instruments in excess of $10,000. Sets forth imprisonment and civil forfeiture penalties.

Amends the Federal criminal code to subject to Federal criminal penalties currency couriers who conceal more than $10,000 in currency and transport, or conspire to transport, such currency in interstate commerce knowing that it was either derived from unlawful activity, or intended to promote unlawful activity.

Actions

Oct 4, 2001

Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Sep 28, 2001

Referred to the Subcommittee on Crime.
Sep 20, 2001

Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, 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.
Sep 20, 2001

Introduced in House

Amendments

Related Bills