,i  #aadth ,,congress  #b;d ,session    
,h4 ,r4 #efjg  ,,in ,,the ,,house ,,of  
,,representatives  ,june #bh1 #bjaf,mr4 
,pittenger 7for himself and ,mr4 ,lynch7
 introduced the following bill2 which   
was referred to the ,committee on       
,financial ,services1 and in addition to
 the ,committees on ,foreign ,affairs1  
,ways and ,means1 ,armed ,services1 and 
,intelligence 7,permanent ,select71 for 
a period to be subsequently determined  
by the ,speaker1 in each case for       
consideration of such provisions as fall
 within the jurisdiction of the         
committee concerned  ,a ,,bill  ,to     
enhance the ,department of the          
,treasury's role in protecting national 
security1 and for other purposes4  #a4  
,short title ,this ,act may be cited as 
the ,enhancing ,treasury's ,anti-,terror
 ,tools ,act4  #b4 ,examining the       
,department of the ,treasury's          
counter-terror financing role in        
embassies ,within #ahj days of the      
enactment of this ,act1 the ,secretary  

of the ,treasury shall issue a report to
 the ,committee on ,financial ,services 
of the ,house of ,representatives and   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs of the ,senate      
containing--  7#a7 a list of the ,united
 ,states embassies in which a full-time 
,department of the ,treasury attach is  
stationed2  7#b7 a list of the ,united  
,states embassies at which a ,department
 of the ,treasury attach is assigned for
 temporary duty1 the length of such     
assignments1 and the reason why such    
assignments are not considered to be a  
permanent assignments2  7#c7 how the    
,department of the ,treasury's interests
 relating to anti-terror finance1 money 
laundering1 and related illicit finance 
issues are handled at other embassies1  
including a discussion of the reporting 
structure by which such issues are      
brought to the direct attention of the  
ambassador2  7#d7 a description of the  
role the ,department of the ,treasury   
attachs play in advancing ,america's    

anti-terrorism financing interests2     
7#e7 a discussion of patterns1 trends1  
or other issues identified by           
,department of the ,treasury attachs in 
the previous year concerning anti-terror
 finance1 money laundering1 and related 
illicit finance2  7#f7 recommendations  
to improve coordination between the     
,department of the ,treasury and foreign
 financial ministries of efforts to     
block the financing of terror1 money    
laundering1 and related illicit finance2
 and  7#g7 a discussion of whether the  
,department of the ,treasury's interests
 relating to anti-terror finance1 money 
laundering1 or related illicit finance  
issues are thought to be                
under-represented in some embassies or  
regions4  #c4 ,clarifying requirements  
for recordkeeping  7a7 ,in general      
,section #ecbf of title #ca1 ,united    
,states ,code1 is amended-- 7#a7 in the 
heading of such section1 by striking    
coin and currency2  7#b7 in subsection  
7a7-- 7,a7 by striking subtitle and and 

inserting subtitle or to2 and  7,b7 in  
paragraph 7#a77;,a71 by striking ,united
 ,states coins or currency 7or such     
other monetary instruments as the       
,secretary may describe in such order7  
and inserting funds 7as the ,secretary  
may describe in such order712 and  7#c7 
in subsection 7b7-- 7,a7 in paragraph   
7#a77;,a71 by striking coins or currency
 7or monetary instruments7 and inserting
 funds2 and  7,b7 in paragraph 7#b71 by 
striking coins or currency 7or such     
other monetary instruments as the       
,secretary may describe in the          
regulation or order7 and inserting funds
 7as the ,secretary may describe in the 
regulation or order74  7b7 ,clerical    
amendment ,the table of contents for    
chapter #ec of title #ca1 ,united       
,states ,code1 is amended in the item   
relating to section #ecbf by striking   
coin and currency4  #d4 ,study of bureau
 status  7a7 ,study ,the ,secretary of  
the ,treasury shall carry out a study on
 the advisability and implications of   

transforming the ,office of ,terrorism  
and ,financial ,intelligence into a     
standalone bureau of the ,department of 
the ,treasury1 and the effects such a   
move would have on the ,department of   
the ,treasury's efforts to stop money   
laundering1 the financing of terror1 and
 related illicit finance4  7b7 ,report  
,within #bgj days of the date of the    
enactment of this ,act1 the ,secretary  
of the ,treasury shall issue a report to
 the ,committee on ,financial ,services 
of the ,house of ,representatives and   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs of the ,senate      
containing all findings and             
determinations made in carrying out the 
study required under subsection 7a74    
#e4 ,improving anti-terror finance      
monitoring of funds transfers  7a7      
,study ,to improve the ,department of   
the ,treasury's ability to better track 
cross-border fund transfers and identify
 potential financing of terror or other 
illicit finance1 the ,secretary of the  

,treasury shall carry out a study to    
assess--  7#a7 the potential efficacy of
 requiring banking regulators to        
establish a pilot program to provide    
technical assistance to depository      
institutions and credit unions that wish
 to provide account services to money   
services businesses serving individuals 
in ,somalia2  7#b7 whether such a pilot 
program could be a model for improving  
the ability of ,americans to            
legitimately send funds to their loved  
ones through transparent and easily     
monitored channels2 and  7#c7 the       
potential impact of allowing money      
services businesses to share their      
,state examinations with depository     
institutions and credit unions1 or if   
another mechanism could be found to     
allow a similar exchange of information 
that would give such depository         
institutions and credit unions a better 
understanding of whether an individual  
money services business is adequately   
meeting its anti-money laundering and   

counter terror financing obligations to 
combat money laundering1 the financing  
of terror1 or related illicit finance4  
7b7 ,report ,within #bgj days of the    
date of the enactment of this ,act1 the 
,secretary of the ,treasury shall issue 
a report to the ,committee on ,financial
 ,services of the ,house of             
,representatives and the ,committee on  
,banking1 ,housing1 and ,urban ,affairs 
of the ,senate containing all findings  
and determinations made in carrying out 
the study required under subsection 7a74
  7c7 ,money services business defined  
,for purposes of this section1 the term 
money services business has the meaning 
given that term under section #ajaj4ajj 
of title #ca1 ,code of ,federal         
,regulations4  #f4 ,sense of ,congress  
,it is the sense of the ,congress that  
the ,secretary of the ,treasury1 acting 
in the ,secretary's own capacity and    
through the ,under ,secretary for       
,terrorism and ,financial ,crimes1      
should work with finance ministry       

counterparts worldwide to spur the      
development within such ministries of   
entities similar to the ,department of  
the ,treasury's ,office of ,intelligence
 and ,analysis to more solidly integrate
 the intelligence community with        
anti-money laundering and               
counter-terrorist financing efforts4    
#g4 ,unified electronic stream ,the     
,secretary of the ,treasury shall1      
within #ahj days of the date of the     
enactment of this ,act1 implement a     
program to collect1 assemble1 maintain  
in an up-to-date form1 and make         
available electronically to appropriate 
,federal departments and agencies1      
including the ,financial ,crimes        
,enforcement ,network1 the ,bureau of   
,industry and ,security of the          
,department of the ,commerce1 the       
,census ,bureau1 the ,u4,s4 ,customs and
 ,border ,protection1 the ,drug         
,enforcement ,administration1 a unified 
stream of import and export data1       
including bills of lading1 manifests1   

,electronic ,data ,interchange          
information tracking container          
movements1 and similar currently        
collected information that would help   
such departments and agencies detect and
 prevent terrorist financing1 money     
laundering1 or other forms of illicit   
finance in any form1 while protecting   
proprietary business information and    
other sensitive information from        
unauthorized disclosure1 in accordance  
with other ,federal laws4  #h4 ,adding  
the ,secretary of the ,treasury to the  
,national ,security ,council ,section   
#aja7;a7 of the ,national ,security ,act
 of #aidg 7#ej ,u4,s4,c4 #cjba7;a77 is  
amended-- 7#a7 by redesignating         
paragraphs 7#e7 and 7#f7 as paragraphs  
7#f7 and 7#g71 respectively2 and  7#b7  
by inserting after paragraph 7#d7 the   
following3  7#e7 the ,secretary of the  
,treasury2  4