Summary: H.R.6068 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.6068. Bill summaries are authored by CRS.

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Introduced in House (06/12/2018)

Counter Terrorism and Illicit Finance Act

This bill (1) increases the threshold dollar amounts above which financial institutions are required to file currency-transaction and suspicious-activity reports with the Financial Crimes Enforcement Network (FinCEN), (2) directs FinCEN to establish a process for no-action letters, and (3) modifies other provisions related to anti-money laundering and counterterrorist financing.