Senate Bill 1883
116th Congress(2019-2020)
Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2019
Introduced
Introduced in Senate on Jun 18, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1883
Congress
116
Policy Area
Crime and Law Enforcement
Crime and Law Enforcement
Primary focus of measure is criminal offenses, investigation and prosecution, procedure and sentencing; corrections and imprisonment; juvenile crime; law enforcement administration. Measures concerning terrorism may fall under Emergency Management or International Affairs policy areas.
No Senate votes have been held for this bill.
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.
07/23/2019
Placed on Senate Legislative Calendar under General Orders. Calendar No. 160.
07/23/2019
Committee on the Judiciary. Reported by Senator Graham with an amendment in the nature of a substitute. Without written report.
07/18/2019
Committee on the Judiciary. Ordered to be reported with an amendment in the nature of a substitute favorably.
06/18/2019
Read twice and referred to the Committee on the Judiciary.
06/18/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 1:50:29 PM