,,ii #aaf? ,,congress #a/ ,session ,s4 #badd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #ag1 #bjai ,mr4 ,cornyn introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to require ! ,secret>y ( ! ,treasury to prep>e a ?reat & op]ational analysis ( ! use ( remittances by drug k+p9s1 crime syndicates1 & o!r p]sons to f9ance t]rorism1 n>cotics traffick+1 human traffick+1 money laund]+1 & o!r =ms ( illicit f9anc+1 dome/ically or int]nationally4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,remittances & ,money ,laund]+ ,risk ,assessm5t ,act ( #bjai4 #b4 ,remittances & money laund]+ ?reat analysis 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ! ,judici>y ( ! ,s5ate2 7,b7 ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ( ! ,s5ate2 7,c7 ! ,caucus on ,int]national ,n>cotics ,control ( ! ,s5ate2 7,d7 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate2 7,e7 ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives2 7,f7 ! ,committee on ,homel& ,security ( ! ,h\se ( ,repres5tatives2 & 7,g7 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives2 7#b7 ! t]m drug k+p9s1 crime syndicates1 & o!r p]sons1 ) respect to ! use ( remittances to f9ance t]rorism1 n>cotics traffick+1 human traffick+1 money laund]+1 & o!r =ms ( illicit f9anc+1 dome/ically or int]nationally1 means any p]sons :o-- 7,a7 are connect$ to individuals & organizations associat$ ) f9anc+ t]rorism1 n>cotics traffick+1 human traffick+1 money laund]+1 & o!r =ms ( illicit f9anc+1 dome/ically or int]nationally2 & 7,b7 h be5 designat$ z-- 7i7 a significant =eign n>cotics traffick] "u ! ,=eign ,n>cotics ,k+p9 ,designation ,act 7#ba ,u4,s4,c4 #aija et seq472 7ii7 a transnational crim9al organization "u ,executive ,ord] #aceha 7#ej ,u4,s4,c4 #agja note2 relat+ to block+ prop]ty ( transnational crim9al organizations72 or 7iii7 a ,specially ,designat$ ,global ,t]rori/ "u ,executive ,ord] #acbbd 7#ej ,u4,s4,c4 #agja note2 relat+ to block+ prop]ty & prohibit+ transactions ) p]sons :o commit1 ?reat5 to commit1 or support t]rorism72 7#c7 ! t]m human traffick+ has ! mean+ giv5 ! t]m sev]e =ms ( traffick+ 9 p]sons 9 section #ajc ( ! ,traffick+ ,victims ,protection ,act ( #bjjj 7#bb ,u4,s4,c4 #gajb72 7#d7 ! t]m money s]vices bus9ess has ! mean+ giv5 ! t]m 9 section #ajaj4ajj ( title #ca1 ,code ( ,f$]al ,regulations1 or any successor regulation2 & 7#e7 ! t]m money transmitt+ s]vice has ! mean+ giv5 ! t]m 9 section #eccj ( title #ca1 ,unit$ ,/ates ,code4 7b7 ,analysis 7#a7 ,requirem5t ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y ( ! ,treasury1 9 consultation ) ! ,attorney ,g5]al1 ! ,secret>y ( ,homel& ,security1 & ! head ( any o!r appropriate ,f$]al law en=cem5t ag5cy1 %all submit to ! appropriate congressional committees a ?reat & op]ational analysis ( ! use ( remittances by drug k+p9s1 crime syndicates1 & o!r p]sons to f9ance t]rorism1 n>cotics traffick+1 human traffick+1 money laund]+1 & o!r =ms ( illicit f9anc+1 dome/ically or int]nationally4 7#b7 ,cont5ts ,! ,secret>y ( ! ,treasury %all include 9 ! ?reat & op]ational analysis requir$ "u p>agraph 7#a7 ! foll[+3 7,a7 ,curr5t & pot5tial ?reats pos$ by individuals & organiz$ gr\ps seek+-- 7i7 to exploit security vuln]abilities ) respect to remittances & money transmitt+ s]vices2 or 7ii7 to unlawfully use remittances to f9ance t]rorism1 n>cotics traffick+1 human traffick+1 money laund]+1 or o!r =ms ( illicit f9anc+1 dome/ically or int]nationally4 7,b7 ,me?ods & pa?ways us$ to exploit security vuln]abilities4 7,c7 ,*all5ges pres5t$ by id5tity !ft 9 ! use ( remittances & money transmitt+ s]vices4 7,d7 ,improvem5ts ne$$ to enhance coop]ation betwe5 & among ,f$]al1 ,/ate1 & local (ficials1 includ+ ,/ate regulators1 ,/ate & local prosecutors1 & o!r law en=cem5t (ficials4 7,e7 ,improvem5ts ne$$ to enhance coop]ation betwe5 money s]vices bus9esses & ,f$]al1 ,/ate1 & local (ficials1 includ+ ,/ate regulators1 ,/ate & local prosecutors1 & o!r law en=cem5t (ficials4 7#c7 ,analysis requirem5ts ,9 compil+ ! ?reat & op]ational analysis requir$ "u p>agraph 7#a71 ! ,secret>y ( ! ,treasury1 9 consultation ) ! ,attorney ,g5]al1 ! ,secret>y ( ,homel& ,security1 & ! head ( any o!r appropriate ,f$]al law en=cem5t ag5cy1 %all consid] & exam9e ! p]sonnel ne$s1 te*nology ne$s1 & infra/ructure ne$s ( ,f$]al law en=cem5t ag5cies4 7c7 ,remittances /rategy & implem5tation plan 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date on :i* ! ,secret>y ( ! ,treasury submits ! ?reat analysis "u subsection 7b71 & e #e ye>s !reaft] = #aj ye>s1 ! ,secret>y ( ! ,treasury1 9 consultation ) ! ,attorney ,g5]al1 ! ,secret>y ( ,homel& ,security1 & ! head ( any o!r appropriate ,f$]al law en=cem5t ag5cy1 %all submit to ! appropriate congressional committees a remittances /rategy & implem5tation plan4 7#b7 ,cont5ts ,9 prep>+ ! remittances /rategy & implem5tation plan "u p>agraph 7#a71 ! ,secret>y ( ! ,treasury %all consid] ! foll[+3 7,a7 ,! remittances ?reat & op]ational analysis requir$ "u subsection 7b71 ) an emphasis on ef=ts to mitigate ?reats & *all5ges id5tifi$ 9 ! analysis4 7,b7 ,ef=ts to r$uce ! use ( remittances & money transmitt+ s]vices by drug k+p9s1 crime syndicates1 & o!r p]sons to f9ance t]rorism1 n>cotics traffick+1 human traffick+1 money laund]+1 & o!r =ms ( illicit f9anc+1 dome/ically or int]nationally4 7,c7 ,ef=ts to prev5t human traffick+ & ! unlawful movem5t ( illicit drugs & o!r contrab& ?r\gh ! use ( remittances & money transmitt+ s]vices1 & /&>ds aga9/ :i* ! effectiv5ess ( ^? ef=ts may be det]m9$4 7,d7 ,ef=ts to focus collection & in=mation analysis to disrupt transnational crim9al organizations attempt+ to exploit security vuln]abilities1 & /&>ds aga9/ :i* ! effectiv5ess ( ^? ef=ts may be det]m9$4 7,e7 ,p]sonnel1 te*nology1 & infra/ructure ne$s ( ,f$]al law en=cem5t ag5cies4 7,f7 ,ef=ts to prev5t1 detect1 inve/igate1 & mitigate money laund]+ activities ?r\gh remittances & money transmitt+ s]vices1 & /&>ds aga9/ :i* ! effectiv5ess ( ^? ef=ts may be det]m9$4