,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #dcgc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #ac1         
#bjag,mr4 ,royce ( ,cali=nia 7= himself 
& ,mr4 ,gonzalez ( ,texas7 introduc$ !  
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,f9ancial ,s]vices  ,a    
,,bill  ,to mod]nize & /r5g!n ! ,unit$  
,/ates anti-money laund]+ &             
c\nt]-t]rorism f9anc+ regime4  #a4 ,%ort
 title ,?is ,act may be cit$ z !        
,anti-,money ,laund]+ & ,c\nt]-,t]rorism
 ,f9anc+ ,mod]nization ,act or ! ,,aml &
 ,,ctf ,mod]nization ,act4  #b4         
,modification ( curr5cy transaction     
report+ ?re%old  7a7 ,subp>t ,c (       
section #ajaj  7#a7 ,initial adju/m5t ,n
 lat] ?an #a ye> aft] ! date ( enactm5t 
( ?is ,act1 ! ,secret>y ( ! ,treasury   
%all adju/ ! doll> am\nts "u subp>t ,c (
 "p #ajaj ( title #ca1 ,code ( ,f$]al   
,regulations1 to an am\nt t is r\nd$ to 
! ne>e/ multiple ( #a1jjj &--  7,a7 is n
 less ?an #cj1jjj2 &  7,b7 is n m ?an ! 
am\nt t reflects ! *ange 9 ! ,consum]   

,price ,index = ,all ,urban ,consum]s   
publi%$ by ! ,bureau ( ,labor ,/ati/ics 
s9ce ! date on :i* su* doll> am\nts 7   
la/ e/abli%$ or adju/$1 z applicable4   
7#b7 ,p]iodic adju/m5ts  7,a7 ,9 g5]al  
,at ! end ( ea* #e-ye> p]iod beg9n+ on !
 date t ! ,secret>y makes ! adju/m5t    
requir$ "u p>agraph 7#a71 ! ,secret>y   
%all readju/ su* doll> am\nts1 r\nd$ to 
! ne>e/ multiple ( #a1jjj1 to reflect ! 
*ange 9 ! ,consum] ,price ,index = ,all 
,urban ,consum]s publi%$ by ! ,bureau ( 
,labor ,/ati/ics s9ce ! date on :i* su* 
doll> am\nts 7 la/ adju/$4  7,b7        
,alt]native adju/m5t au?ority ,if1 at ! 
"t ( an adju/m5t describ$ "u subp>agraph
 7,a71 ! ,secret>y1 aft] consultation ) 
law en=cem5t ag5cies & ! ,bank ,secrecy 
,act ,advisory ,gr\p1 det]m9es t su*    
adju/m5t w\ld significantly fru/rate !  
ability ( law en=cem5t & f9ancial       
in/itutions to detect & prev5t money    
laund]+ & t]rorism f9anc+1 ! ,secret>y  
may make su* adju/m5t us+ a metric o!r  
?an ! ,consum] ,price ,index = ,all     

,urban ,consum]s publi%$ by ! ,bureau ( 
,labor ,/ati/ics or *oose to n make su* 
adju/m5t4  7b7 ,reports on export+ &    
import+ monet>y in/rum5ts ,section #ecaf
 ( title #ca1 ,unit$ ,/ates ,code1 is   
am5d$ by add+ at ! end ! foll[+3  7e7   
,adju/m5t = inflation  7#a7 ,initial    
adju/m5t ,n lat] ?an #a ye> aft] ! date 
( enactm5t ( ?is subsection1 ! ,secret>y
 ( ! ,treasury %all adju/ ! doll> am\nts
 "u subsection 7a71 to an am\nt t is    
r\nd$ to ! ne>e/ multiple ( #a1jjj &--  
7,a7 is n less ?an #cj1jjj2 &  7,b7 is n
 m ?an ! am\nt t reflects ! *ange 9 !   
,consum] ,price ,index = ,all ,urban    
,consum]s publi%$ by ! ,bureau ( ,labor 
,/ati/ics s9ce ! date on :i* su* doll>  
am\nts 7 la/ am5d$ or adju/$1 z         
applicable4  7#b7 ,p]iodic adju/m5ts    
7,a7 ,9 g5]al ,at ! end ( ea* #e-ye>    
p]iod beg9n+ on ! date t ! ,secret>y    
makes ! adju/m5t requir$ "u p>agraph    
7#a71 ! ,secret>y %all readju/ su* doll>
 am\nts1 r\nd$ to ! ne>e/ multiple (    
#a1jjj1 to reflect ! *ange 9 ! ,consum] 

,price ,index = ,all ,urban ,consum]s   
publi%$ by ! ,bureau ( ,labor ,/ati/ics 
s9ce ! date on :i* su* doll> am\nts 7   
la/ adju/$4  7,b7 ,alt]native adju/m5t  
au?ority ,if1 at ! "t ( an adju/m5t     
describ$ "u subp>agraph 7,a71 !         
,secret>y1 aft] consultation ) law      
en=cem5t ag5cies & ! ,bank ,secrecy ,act
 ,advisory ,gr\p1 det]m9es t su*        
adju/m5t w\ld significantly fru/rate !  
ability ( law en=cem5t & f9ancial       
in/itutions to detect & prev5t money    
laund]+ & t]rorism f9anc+1 ! ,secret>y  
may make su* adju/m5t us+ a metric o!r  
?an ! ,consum] ,price ,index = ,all     
,urban ,consum]s publi%$ by ! ,bureau ( 
,labor ,/ati/ics or *oose to n make su* 
adju/m5t4  4  7c7 ,reports on co9s &    
curr5cy receiv$ 9 nonf9ancial trade or  
bus9ess ,section #ecca ( title #ca1     
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+3  7e7 ,adju/m5t =       
inflation  7#a7 ,initial adju/m5t ,n    
lat] ?an #a ye> aft] ! date ( enactm5t (
 ?is subsection1 ! ,secret>y ( !        

,treasury %all adju/ ! doll> am\nts "u  
?is section1 to an am\nt t is r\nd$ to !
 ne>e/ multiple ( #a1jjj &--  7,a7 is n 
less ?an #cj1jjj2 &  7,b7 is n m ?an !  
am\nt t reflects ! *ange 9 ! ,consum]   
,price ,index = ,all ,urban ,consum]s   
publi%$ by ! ,bureau ( ,labor ,/ati/ics 
s9ce ! date on :i* su* doll> am\nts 7   
la/ am5d$ or adju/$1 z applicable4  7#b7
 ,p]iodic adju/m5ts  7,a7 ,9 g5]al ,at !
 end ( ea* #e-ye> p]iod beg9n+ on ! date
 t ! ,secret>y makes ! adju/m5t requir$ 
"u p>agraph 7#a71 ! ,secret>y %all      
readju/ su* doll> am\nts1 r\nd$ to !    
ne>e/ multiple ( #a1jjj1 to reflect !   
*ange 9 ! ,consum] ,price ,index = ,all 
,urban ,consum]s publi%$ by ! ,bureau ( 
,labor ,/ati/ics s9ce ! date on :i* su* 
doll> am\nts 7 la/ adju/$4  7,b7        
,alt]native adju/m5t au?ority ,if1 at ! 
"t ( an adju/m5t describ$ "u subp>agraph
 7,a71 ! ,secret>y1 aft] consultation ) 
law en=cem5t ag5cies & ! ,bank ,secrecy 
,act ,advisory ,gr\p1 det]m9es t su*    
adju/m5t w\ld significantly fru/rate !  

ability ( law en=cem5t & f9ancial       
in/itutions to detect & prev5t money    
laund]+ & t]rorism f9anc+1 ! ,secret>y  
may make su* adju/m5t us+ a metric o!r  
?an ! ,consum] ,price ,index = ,all     
,urban ,consum]s publi%$ by ! ,bureau ( 
,labor ,/ati/ics or *oose to n make su* 
adju/m5t4  4  #c4 ,modification (       
suspici\s activity report+ ?re%old  7a7 
,9 g5]al ,ea* ,f$]al dep>tm5t or ag5cy t
 issues regulations ) respect to reports
 on suspici\s transactions describ$ "u  
section #ecah7;g7 ( title #ca1 ,unit$   
,/ates ,code1 %all1 n lat] ?an #a ye>   
aft] ! date ( enactm5t ( ?is ,act1 & e  
#e ye>s !reaft]1 adju/ any doll> am\nt  
?re%olds conta9$ 9 su* regulations to   
reflect ! *ange 9 ! ,consum] ,price     
,index = ,all ,urban ,consum]s publi%$  
by ! ,bureau ( ,labor ,/ati/ics s9ce !  
date on :i* su* doll> am\nts 7 la/      
e/abli%$ or adju/$1 z applicable4  7b7  
,alt]native adju/m5t au?ority ,if1 at ! 
"t ( an adju/m5t describ$ "u subsection 
7a7 o!r ?an ! adju/m5t made )9 ! #a-ye> 

p]iod foll[+ ! date ( ! enactm5t ( ?is  
,act1 a ,f$]al dep>tm5t or ag5cy1 aft]  
consultation ) law en=cem5t ag5cies & ! 
,bank ,secrecy ,act ,advisory ,gr\p1    
det]m9es t su* adju/m5t w\ld            
significantly fru/rate ! ability ( law  
en=cem5t & f9ancial in/itutions to      
detect & prev5t money laund]+ & t]rorism
 f9anc+1 ! ,f$]al dep>tm5t or ag5cy may 
make su* adju/m5t us+ a metric o!r ?an !
 ,consum] ,price ,index = ,all ,urban   
,consum]s publi%$ by ! ,bureau ( ,labor 
,/ati/ics or *oose to n make su*        
adju/m5t4  #d4 ,improv$ in=mation %>+   
7a7 ,disclosure to =eign bran*es or     
affiliates ,)9 #ahj days aft] ! date (  
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury %all1 by regulation1 cle>ly   
au?orize dome/ic f9ancial in/itutions to
 %>e suspici\s activity reports ) a     
=eign bran* or affiliate ( ! dome/ic    
f9ancial in/itutions1 if su* bran* or   
affiliate is locat$ 9 a c\ntry t--  7#a7
 is a memb] ( ! ,f9ancial ,action ,task 
,=ce 7,,fatf7 or a ,,fatf-/yle regional 

body2 &  7#b7 has adequate privacy      
protections & data security measures 9  
effect to prev5t ! unau?oriz$ disclosure
 ( su* reports4  7b7 ,liability ,a      
dome/ic f9ancial in/itution t transmits1
 receives1 or %>es suspici\s activity   
reports ) a =eign bran* or affiliate ( !
 dome/ic f9ancial in/itution 9          
accordance ) ! regulation promulgat$    
pursuant to subsection 7a7 %all n be    
liable to any p]son "u any law or       
regulation ( ! ,unit$ ,/ates1 any       
con/itution1 law1 or regulation ( any   
,/ate or political subdivision !re(1 or 
"u any contract or o!r legally en=ceable
 agreem5t 7includ+ any arbitration      
agreem5t71 = %>+ su* reports1 except :]e
 su* transmission1 receipt1 or %>+      
violates ?is section or regulations     
promulgat$ pursuant to ?is section4  7c7
 ,disclosure to ,gov]nm5t ag5cies       
,section #ecah7;g77#c77;,b7 ( title #ca1
 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 
clause 7i71 by /rik+ or at ! end2  7#b7 
9 clause 7ii71 by /rik+ ! p]iod & ins]t+

 2 or2 &  7#c7 by add+ at ! end !       
foll[+3  7iii7 any duty or requirem5t ( 
a f9ancial in/itution or any director1  
(fic]1 employee1 or ag5t ( su*          
in/itution to demon/rate t a disclosure 
describ$ 9 subp>agraph 7,a7 is made 9   
good fai?4  4  7d7 ,coop]ation ,among   
,f9ancial ,in/itutions ,section #cad ( !
 ,,usa ,,patriot ,act 7#ca ,u4,s4,c4    
#ecaa note7 is am5d$-- 7#a7 9 subsection
 7b7--  7,a7 by /rik+ suspect$ (        
possible t]rori/ or money laund]+       
activities & ins]t+ = ! purpose (       
id5tify+ &1 z appropriate1 report+      
possible t]rori/ or money laund]+       
activities1 or a specifi$ unlawful      
activity 7z def9$ "u section            
#aief7;c77#g7 ( title #ah1 ,unit$ ,/ates
 ,code72 &  7,b7 by /rik+ or money      
laund]+ activities %all & ins]t+ 1 money
 laund]+ activities1 or a specifi$      
unlawful activity 7z def9$ "u section   
#aief7;c77#g7 ( title #ah1 ,unit$ ,/ates
 ,code7 %all2 &  7#b7 9 subsection 7c71 
by /rik+ engag$ 9 or suspect$ ( engag+ 9

 t]rori/ acts or money laund]+          
activities & ins]t+ = ! purpose (       
id5tify+ &1 z appropriate1 report+      
possible t]rori/ acts or money laund]+  
activities1 or a specifi$ unlawful      
activity 7z def9$ "u section            
#aief7;c77#g7 ( title #ah1 ,unit$ ,/ates
 ,code714  #e4 ,adm9i/rative rul+s  7a7 
,9 g5]al ,sub*apt] ,,ii ( *apt] #ec (   
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by add+ at ! end ! foll[+3  #eccc4     
,adm9i/rative rul+s  7a7 ,e/abli%m5t (  
proc$ures  7#a7 ,9 g5]al ,n lat] ?an #a 
ye> aft] ! date ( enactm5t ( ?is        
section1 ! ,secret>y ( ! ,treasury1 act+
 ?r\gh ! ,f9ancial ,crimes ,en=cem5t    
,network1 %all e/abli% a proc$ure 9     
accordance ) ! requirem5ts ( ?is section
 to provide writt5 rul+s 9 response to  
inquiries conc]n+ ! con=mance ( specific
 conduct ) ! ,bank ,secrecy ,act4  7#b7 
,consultation ) o!r ag5cies & ! public  
,9 e/abli%+ ! proc$ure "u p>agraph 7#a71
 ! ,secret>y %all consult ) o!r f9ancial
 regulators & su* o!r ,f$]al dep>tm5ts &

 ag5cies z ! ,secret>y det]m9es         
appropriate1 & obta9 ! views ( all      
int]e/$ p]sons ?r\gh a public notice &  
comm5t p]iod4  7b7 ,reque/s  7#a7 ,9    
g5]al ,a p]son mak+ a reque/ = a rul+ "u
 ?is section-- 7,a7 %all make su* reque/
 9 writ+2  7,b7 %all include 9 su*      
reque/-- 7i7 a complete description ( ! 
situation = :i* ! rul+ is reque/$2  7ii7
 a complete /atem5t ( all mat]ial facts 
relat$ to ! subject transaction2  7iii7 
a concise & unambigu\s "q to be answ]$2 
7iv7 a /atem5t c]tify+1 to ! be/ ( !    
reque/or's k & belief1 t ! "q to be     
answ]$ is n applicable to any ongo+ /ate
 or ,f$]al inve/igation1 litigation1 gr&
 jury proce$+1 or proce$+ be=e any o!r  
gov]nm5tal body involv+ ei!r ! reque/or1
 any o!r p>ty to ! subject transaction1 
or any o!r p>ty ) :om ! reque/or has an 
ag5cy relation%ip2  7v7 a /atem5t       
id5tify+ any in=mation 9 ! reque/ t !   
reque/or consid]s to be exempt f        
disclosure "u section #eeb ( title #e1  
,unit$ ,/ates ,code 7commonly ref]r$ to 

z ! ,fre$om ( ,in=mation ,act71 & !     
reason !re=2  7vi7 if ! subject         
situation is hypo!tical1 a /atem5t      
ju/ify+ :y ! p>ticul> situation describ$
 w>rants ! issuance ( a rul+2 &  7vii7 !
 signature (-- 7,i7 ! p]son mak+ !      
reque/2  7,,ii7 if an ag5t makes !      
reque/1 ! ag5t1 accompani$ by a /atem5t 
c]tify+ ! au?ority "u :i* ! reque/ is   
made2 or  7,,iii7 if ! reque/ is be+    
fil$ by a corporation or a p>tn]%ip1 a  
corporate (fic] or a p>tn]1 z           
applicable2  7,c7 may advocate a        
p>ticul> propos$ int]pretation & may set
 =? ! legal & factual basis = t         
int]pretation2 &  7,d7 %all advise      
imm$iately 9 writ+ ( any subsequ5t *ange
 9 any mat]ial fact or /atem5t submitt$ 
) a reque/ "u ?is section4  7#b7        
,)drawal ( reque/ ,a p]son may )draw a  
reque/ made "u ?is section at any "t    
be=e ! rul+ has be5 issu$4  7#c7        
,noncon=m+ reque/s ,! ,secret>y %all    
notify a reque/] if ! reque/ does n     
con=m ) ! requirem5ts ( p>agraph 7#a74  

,su* notice %all be 9 writ+ & %all      
describe ! requirem5ts t h n be5 met4 ,a
 reque/ t is n br\ght into con=mity )   
su* requirem5ts )9 #cj days f ! date (  
su* notice1 unless ext5d$ = good cause  
by ! ,secret>y1 %all be treat$ z ?\gh x 
7 )drawn4  7c7 ,"r to oral discussions  
7#a7 ,9 g5]al ,a p]son :o has made a    
reque/ 9 con=mity ) subsection 7b77#a7  
may reque/ an opportunity = oral        
discussion ( ! issues pres5t$ 9 !       
reque/1 b--  7,a7 p]sonal conf]5ces or  
telephone conf]5ces may be s*$ul$ only =
 ! purpose ( af=d+ ! reque/] an         
opportunity to discuss freely & op5ly ! 
matt]s set =? 9 ! reque/2 &  7,b7 !     
conf]ees w n be b\nd by any argum5t or  
position advocat$ or agre$ to1 expressly
 or impli$ly1 dur+ ! conf]5ce4  7#b7 ,at
 ! discretion ( ! ,secret>y ,! reque/   
%\ld be made to ! ,secret>y1 & any      
decision to grant su* a conf]5ce is     
:olly )9 ! discretion ( ! ,secret>y4    
7#c7 ,treatm5t ( new argum5ts or facts  
,any new argum5ts or facts put =? by !  

reque/] at ! meet+ mu/ be r$uc$ to writ+
 by ! reque/] & submitt$ 9 con=mity )   
subsection 7b77#a7 be=e !y may be       
consid]$ 9 connection ) ! reque/4  7d7  
,issu+ rul+s  7#a7 ,9 g5]al ,! ,secret>y
 %all1 )9 #abj days ( receiv+ ! reque/ =
 a rul+ "u ?is section1 issue a writt5  
rul+ int]pret+ ! relation%ip betwe5 !   
,bank ,secrecy ,act & ea* situation =   
:i* su* a rul+ has be5 reque/$ "u ?is   
section4  7#b7 ,public disclosure ,a    
rul+ r5d]$ pursuant to ?is section %all 
be plac$ 9 ! public record #ij days aft]
 ! reque/+ p>ty has receiv$ ! rul+1     
subject to any limitations on public    
disclosure aris+ f /atutory re/rictions1
 regulations1 or ! public int]e/4 ,!    
,secret>y %all r$act any p]sonal1       
confid5tial1 or id5tify+ in=mation ab\t 
! p]son or any o!r p]sons m5tion$ 9 !   
adm9i/rative rul+1 unless ! p]son       
cons5ts to su* disclosure4  7#c7        
,prec$5tial value ( rul+s ,a rul+ issu$ 
"u ?is section %all b9d ! ,secret>y &   
%all h prec$5tial value1 & h5ce may be  

reli$ ^u by o!rs simil>ly situat$4  7#d7
 ,availability ( rul+s ,! ,secret>y %all
 make all su* rul+s available to any    
p]son ^u writt5 reque/ specifically     
id5tify+ ! rul+ s\ght4  7e7 ,modify+ or 
resc9d+ rul+s  7#a7 ,9 g5]al ,!         
,secret>y may modify or resc9d any rul+ 
made pursuant to ?is section-- 7,a7 :51 
9 light ( *anges 9 /atute or            
regulations1 ! rul+ no long] sets =? !  
int]pretation ( ! ,secret>y ) respect to
 ! describ$ situation2  7,b7 :5 any fact
 or /atem5t submitt$ 9 ! orig9al reque/ 
is f\nd to be mat]ially inaccurate or   
incomplete2 or  7,c7 = o!r good cause4  
7#b7 ,reque/ = modification or          
rescission ,any p]son may submit to !   
,secret>y a writt5 reque/ t a rul+ be   
modifi$ or resc9d$4 ,su* reque/--  7,a7 
%\ld con=m to ! requirem5ts ( subsection
 7b71 expla9 :y rescission or           
modification is w>rant$1 & ref] to any  
reasons 9 p>agraph 7#a7 t are relevant2 
&  7,b7 may advocate an alt]native      
int]pretation & may set =? ! legal &    

factual basis = t int]pretation4  7#c7  
,mann] 9 :i* modifications or           
rescissions are made ,! ,secret>y %all  
modify or resc9d an exi/+ rul+ by issu+ 
a new rul+ t resc9ds ! relevant prior   
rul+4  7#d7 ,resc9d$ rul+s lose         
prec$5tial value ,once resc9d$1 a rul+  
%all no long] h any prec$5tial value4   
7#e7 ,application to orig9al p>ties ,a  
rul+ may be modifi$ or resc9d$          
retroactively ) respect to "o or m      
p>ties to ! orig9al rul+ reque/ if !    
,secret>y det]m9es t--  7,a7 a fact or  
/atem5t 9 ! orig9al reque/ 0 mat]ially  
inaccurate or incomplete2  7,b7 !       
reque/or fail$ to notify 9 writ+ !      
,secret>y ( a mat]ial *ange to any fact 
or /atem5t 9 ! orig9al reque/2 or  7,c7 
a p>ty to ! orig9al reque/ act$ 9 bad   
fai? :5 rely+ ^u ! rul+4  7f7           
,disclosure ( in=mation  7#a7 ,9 g5]al  
,any "p ( any rul+1 includ+ names1      
addresses1 or in=mation relat$ to !     
bus9ess transactions ( private p>ties1  
may be disclos$ pursuant to a reque/ "u 

section #eeb ( title #e1 ,unit$ ,/ates  
,code 7commonly ref]r$ to z ! ,fre$om ( 
,in=mation ,act74  7#b7 ,reque/ =       
exemption ,if ! reque/ = a rul+ conta9s 
in=mation :i* ! reque/or wi%es to be    
consid]$ = exemption f disclosure "u su*
 section #eeb1 ! reque/or %\ld cle>ly   
id5tify su* portions ( ! reque/ & !     
reasons :y su* in=mation %\ld be exempt 
f disclosure4  7#c7 ,notice to reque/or 
,a reque/or claim+ an exemption f       
disclosure %all be notifi$ by !         
,secret>y1 at lea/ #aj days be=e ! rul+ 
is issu$1 ( a decision n to exempt any (
 su* in=mation f disclosure s t !       
und]ly+ reque/ = a rul+ c be )drawn if !
 reque/or s *ooses4  7g7 ,inquiry fee   
7#a7 ,9 g5]al ,! ,secret>y may *>ge a   
fee = ea* inquiry made "u ?is section 9 
an am\nt suffici5t1 9 ! aggregate1 to   
pay = ! co/ ( c>ry+ out ?is section &   
su* am\nts may be us$1 )\t fur!r        
appropriation1 to c>ry out ?is section4 
,su* sy/em %all provide a l[] fee =     
small bus9ess conc]ns comp>$ to ! fee   

*>g$ to o!r p]sons4  7#b7 ,notice &     
comm5t ,if ! ,secret>y decides to *>ge !
 fee describ$ "u p>agraph 7#a7-- 7,a7 ! 
,secret>y %all e/abli% a sy/em = *>g+   
su* fee1 publi% a description ( su*     
sy/em 9 ! ,f$]al ,regi/]1 & solicit     
comm5ts f ! public = a p]iod ( #fj days 
aft] publication2 &  7,b7 publi% a f9al 
description ( ! fee sy/em & implem5t su*
 fee sy/em n lat] ?an #cj days aft] !   
end ( su* public comm5t p]iod4  7h7     
,report to ,congress ,! ,secret>y %all1 
9 a semi-annual report1 submit in=mation
 reg>d+ ! numb] ( reque/s = an          
adm9i/rative rul+ receiv$ "u ?is        
section1 ! subject ( ea* reque/1 ! numb]
 ( noncon=m+ reque/s treat$ z )drawn    
pursuant to subsection 7b77#c71 & ! "t  
ne$$ to respond to ea* reque/4  7i7     
,def9itions ,= purposes ( ?is section3  
7#a7 ,bank ,secrecy ,act ,! t]m ,bank   
,secrecy ,act means--  7,a7 ?is         
sub*apt]2  7,b7 section #ba ( ! ,f$]al  
,deposit ,insurance ,act2  7,c7 *apt] #b
 ( title ,i ( ,public ,law #ia-ejh2 &   

7,d7 section #cad ( ! ,,usa ,,patriot   
,act4  7#b7 ,small bus9ess conc]n ,! t]m
 small bus9ess conc]n has ! mean+ giv5  
su* t]m "u section #c ( ! ,small        
,bus9ess ,act4  4  7b7 ,cl]ical am5dm5t 
,! table ( cont5ts 9 *apt] #ec ( title  
#ca1 ,unit$ ,/ates ,code1 is am5d$ by   
ins]t+ aft] ! item relat+ to section    
#eccb ! foll[+3  #eccc4 ,adm9i/rative   
rul+s4  4  #f4 ,qualitative ,fe$back    
,me*anism ,)9 #ahj days aft] ! date (   
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury %all1 aft] provid+ = public   
notice & comm5t1 e/abli% a me*anism to--
  7#a7 communicate annual anti-money    
laund]+ & c\nt]+ t]rorism f9anc+        
priorities to f9ancial in/itutions1 o!r 
,f$]al f9ancial regulators1 & su* o!r   
,f$]al dep>tm5ts & ag5cies z ! ,secret>y
 det]m9es appropriate2 &  7#b7 provide  
to f9ancial in/itutions qualitative     
fe$back on in=mation %>$ by f9ancial    
in/itutions ) ! ,dep>tm5t ( ,treasury1  
includ+ curr5cy transaction reports &   
suspici\s activity reports4  #g4 ,report

 ,)9 #a ye> ( ! date ( ! enactm5t ( ?is 
,act1 ! ,secret>y ( ! ,treasury1 9      
consultation ) ! ,f$]al bank+ ag5cies 7z
 su* t]m is def9$ "u ,section #c ( !    
,f$]al ,deposit ,insurance ,act7 & o!r  
ag5cies1 z applicable1 %all submit a    
report to ! ,committee on ,f9ancial     
,s]vices ( ! ,h\se ( ,repres5tatives & !
 ,committee on ,bank+1 ,h\s+1 & ,urban  
,affairs ( ! ,s5ate on--  7#a7 !        
pot5tial = artificial intellig5ce1 ma*9e
 le>n+1 & o!r te*nologies to help detect
 & prev5t money laund]+ & t]rori/       
f9anc+2  7#b7 ! co/s & b5efits associat$
 ) ! e/abli%m5t1 by ! ,f$]al ,gov]nm5t  
or by ! ,f$]al ,gov]nm5t 9 p>tn]%ip ) ! 
private sector1 ( a c5traliz$ database  
to help f9ancial in/itutions detect &   
prev5t money laund]+ & t]rori/ f9anc+1  
includ+ ! impact ( su* a database on !  
security & privacy ( f9ancial in=mation 
& ! ability ( te*nology or *anges 9 law 
to ensure ! security & privacy ( su*    
in=mation2  7#c7 actions t c be tak51   
adm9i/ratively or ?r\gh ! enactm5t (    

legislation1 to /reaml9e & improve      
report+ requirem5ts "u ! ,unit$ ,/ates  
anti-money laund]+ regime2  7#d7 h[ to  
fur!r include law en=cem5t )9 ! ,unit$  
,/ates anti-money laund]+ regime &      
e/abli% me?ods = law en=cem5t to provide
 fe$back to in/itutions on ! in=mation  
!y submit2  7#e7 ! utility ( a s+le fil+
 ?re%old = suspici\s activity reports z 
an alt]native to v>y+ ?re%olds1 z       
curr5tly 9 effect2 &  7#f7 ! me*anism   
describ$ 9 section #f4  #h4 ,def9itions 
,= purposes ( ?is ,act3  7#a7 ,curr5cy  
transaction report ,! t]m curr5cy       
transaction report means a report       
describ$ "u section #ecac1 #ecaf1 or    
#ecca ( title #ca1 ,unit$ ,/ates ,code4 
7#b7 ,f9ancial in/itution ,! t]m        
f9ancial in/itution has ! mean+ giv5 t  
t]m "u section #ecab ( title #ca1 ,unit$
 ,/ates ,code4  7#c7 ,suspici\s activity
 report ,! t]m suspici\s activity report
 means a report describ$ "u section     
#ecah7;g7 ( title #ca1 ,unit$ ,/ates    
,code4