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H.R. 3146, The Combating Terrorism Financing Act of 2007

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing original version (created by webmaster) with revision saved on September 8, 2007, 18:23:46 (webmaster):

H.R. 3146 would provide additional tools and resources to combat terrorism financing.

== Detailed Summary ==

<summary>
(LogCombating Terrorism Financing Act of 2007 - Amends the federal criminal code to: (1) expand prohibitions against conducting monetary transactions over $10,000 for the purpose of engaging in interstate criminal activities; (2) authorize the Attorney General to editobtain a 30-day ex parte court order freezing the wiki and bebank account of any individual arrested or charged for crimes involving the firstmovement of funds into or out of the United States; (3) expand money laundering prohibitions to provide a detailed summaryinclude monetary transactions; and (4) include monetary transactions involving commingled funds or structured transactions in prosecuting interstate transfers of funds greater than $10,000 for criminal purposes.

Includes within
the bill!)requirement to report monetary transactions exceeding $10,000 blank monetary instruments in bearer form drawn on accounts found to contain more than $10,000.
</summary>

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== Status of the Legislation ==

<status>
(Log inLatest Major Action: 8/10/2007: Referred to House subcommittee. Status: Referred to edit the wikiSubcommittee on Crime, Terrorism, and be the first to update the status of the bill!)Homeland Security.
</status>

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== Points in Favor ==

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== Points Against ==

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