Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2019

Bill Number

S 1883

Introduced

Jun 18, 2019

Latest Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 160.

Sponsor

Cosponsors

Topics

Bank accounts, deposits, capital Business records Consumer credit Crime and Law Enforcement Criminal investigation, prosecution, interrogation Criminal procedure and sentencing Currency Customs enforcement Department of Homeland Security Foreign and international banking Fraud offenses and financial crimes Government employee pay, benefits, personnel management Law enforcement officers Smuggling and trafficking Tax administration and collection, taxpayers

Full Text

Votes

Summary

Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2019

This bill makes changes to anti-money laundering requirements under federal criminal and banking laws.

Among the changes, the bill

specifies that a blank check drawn on an account containing more than $10,000 is a monetary instrument subject to international transport reporting requirements,
increases the maximum criminal penalties for bulk cash smuggling, and
permits the government to charge a defendant with a single count of money laundering for multiple violations that are part of the same scheme or continuing course of conduct.

Actions

Jul 23, 2019

Placed on Senate Legislative Calendar under General Orders. Calendar No. 160.
Jul 23, 2019

Committee on the Judiciary. Reported by Senator Graham with an amendment in the nature of a substitute. Without written report.
Jul 18, 2019

Committee on the Judiciary. Ordered to be reported with an amendment in the nature of a substitute favorably.
Jun 18, 2019

Read twice and referred to the Committee on the Judiciary.
Jun 18, 2019

Introduced in Senate

Amendments

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