,,ib ,union ,calendar ,no4 #ghj #aahth ,,congress #b;d ,session ,h4 ,r4 #cbdd ,report ,no4 #aah-ghc1 ,part ,i ,,in ,,the ,,house ,,of ,,representatives ,may #aa1 #bjbc,mr4 ,luetkemeyer 7for himself1 ,mr4 ,nunn of ,iowa1 ,mr4 ,barr1 and ,mrs4 ,kim of ,california7 introduced the following bill2 which was referred to the ,committee on ,financial ,services1 and in addition to the ,committee on the ,judiciary1 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 ,november #bi1 #bjbd,reported from the ,committee on ,financial ,services with an amendment,strike out all after the enacting clause and insert the part printed in italic ,november #bi1 #bjbd,referral to the ,committee on the ,judiciary extended for a period ending not later than ,december #ai1 #bjbd ,december #ai1 #bjbd;,additional sponsors3 ,ms4 ,pettersen1 ,mr4 ,lawler1 ,mr4 ,la,lota1 ,mr4 ,meuser1 and ,ms4 ,de ,la ,cruz ,december #ai1 #bjbd;,committee on the ,judiciary discharged2 committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed,for text of introduced bill1 see copy of bill as introduced on ,may #aa1 #bjbc ,a ,,bill ,to provide authority to the ,secretary of the ,treasury to take special measures against certain entities outside of the ,united ,states of primary money laundering concern in connection with illicit fentanyl and narcotics financing1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,stop ,fentanyl ,money ,laundering ,act of #bjbc4 #b4 ,determination with respect to primary money laundering concern of illicit fentanyl and narcotics financing 7a7 ,in general ,if the ,secretary of the ,treasury determines that one or more financial institutions operating outside of the ,united ,states1 or one or more classes of transactions within1 or involving1 a jurisdiction outside of the ,united ,states1 or one or more types of accounts within1 or involving1 a jurisdiction outside of the ,united ,states is of primary money laundering concern in connection with illicit fentanyl and narcotics financing1 the ,secretary of the ,treasury may1 by order1 regulation1 or otherwise as permitted by law1 require domestic financial institutions and domestic financial agencies to take one or more of the special measures described in section #ecah;,a7b7 of title #ca1 ,united ,states ,code4 7b7 ,classified information ,in any judicial review of a finding of the existence of a primary money laundering concern1 or of the requirement for #a or more special measures with respect to a primary money laundering concern made under this section1 if the designation or imposition1 or both1 were based on classified information 7as defined in section #a7;a7 of the ,classified ,information ,procedures ,act 7#ah ,u4,s4,c4 ,app4771 such information may be submitted by the ,secretary of the ,treasury to the reviewing court ex parte and in camera4 ,this subsection does not confer or imply any right to judicial review of any finding made or any requirement imposed under this section4 7c7 ,availability of information ,the exemptions from1 and prohibitions on1 search and disclosure referred to in section #igad7;c7 of the ,national ,defense ,authorization ,act for ,fiscal ,year #bjba 7,public ,law #aaf-bhc2 #ca ,u4,s4,c4 #ecah;,a note7 shall apply to any report or record of report filed pursuant to a requirement imposed under subsection 7a74 ,for purposes of section #eeb of title #e1 ,united ,states ,code1 this section shall be considered a statute described in subsection 7b77#c77;,b7 of that section4 7d7 ,penalties ,the penalties referred to in section #igad7;d7 of the ,national ,defense ,authorization ,act for ,fiscal ,year #bjba 7,public ,law #aaf-bhc2 #ca ,u4,s4,c4 #ecah;,a note7 shall apply to violations of any order1 regulation1 special measure1 or other requirement imposed under subsection 7a71 in the same manner and to the same extent as described in such section #igad7;d74 7e7 ,injunctions ,the ,secretary of the ,treasury may bring a civil action to enjoin a violation of any order1 regulation1 special measure1 or other requirement imposed under subsection 7a7 in the same manner and to the same extent as described in section #igad7;e7 of the ,national ,defense ,authorization ,act for ,fiscal ,year #bjba 7,public ,law #aaf-bhc2 #ca ,u4,s4,c4 #ecah;,a note74 7f7 ,definitions ,in this section1 the terms domestic financial agency1 domestic financial institution1 financial agency1 and financial institution have the meanings given those terms as used in section #igad of the ,national ,defense ,authorization ,act for ,fiscal ,year #bjba 7,public ,law #aaf-bhc2 #ca ,u4,s4,c4 #ecah;,a note74 #c4 ,trade-based money laundering advisory ,not later than one year following the date of the enactment of this ,act1 the ,financial ,crimes ,enforcement ,network shall update and issue a new advisory to financial institutions on identifying ,chinese professional money laundering facilitating the trafficking of fentanyl and other synthetic opioids4 ,such advisory shall incorporate the following advisories3 7#a7 ,,fin-#bjad-;,a#jje1 entitled ,update on ,u4,s4 ,currency ,restrictions in ,mexico3 ,funnel ,accounts and ,,tbml2 7#b7 ,,fin-#bjaj-;,a#jja1 entitled ,advisory to ,financial ,institutions on ,filing ,suspicious ,activity ,reports regarding ,trade-,based ,money ,laundering2 and 7#c7 ,,fin-#bjai-;,a#jjf1 entitled ,advisory to ,financial ,institutions on ,illicit ,financial ,schemes and ,methods ,related to the ,trafficking of ,fentanyl and ,other ,synthetic ,opioids4 #d4 ,treatment of transnational criminal organizations in suspicious transactions 7a7 ,filing instructions ,not later than #ahj days after the date of the enactment of this ,act1 the ,director of the ,financial ,crimes ,enforcement ,network shall issue guidance or instructions to ,united ,states financial institutions for filing reports on suspicious transactions required by section #ecah7;g7 of title #ca1 ,united ,states ,code1 related to suspected narcotics trafficking by transnational criminal organizations4 7b7 ,prioritization of reports relating to narcotics trafficking or transnational criminal organizations ,the ,director shall prioritize research into reports described in subsection 7a7 that indicate a connection to trafficking of narcotics4 7c7 ,briefing to ,congress ,not later than one year after the date of enactment of this ,act1 the ,director shall brief the ,committees on ,financial ,services and ,foreign ,affairs of the ,house of ,representatives and the ,committees on ,banking1 ,housing1 and ,urban ,affairs and ,foreign ,relations of the ,senate on the usefulness of the guidance or instructions issued under subsection 7a74 ,december #ai1 #bjbd;,committee on the ,judiciary discharged2 committed to the ,committee of the ,whole ,house on the ,state of the ,union and ordered to be printed