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Countering Terrorist Financing Act of 2017
To amend title 31, United States Code, to authorize the Secretary of the Treasury to include all funds when issuing certain geographic targeting orders, and for other purposes.
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.
- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Financial ServicesIntroducedMay 24th, 2017
- house Committees