S. 2080 · 115th Congress
End Banking for Human Traffickers Act of 2017
- Stage
- In committee
- Sponsor
- Elizabeth Warren
- Introduced
- 2017-11-06
- Latest action
- 2018-01-09 · Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-158.
Summary
End Banking for Human Traffickers Act of 2017
This bill revises the duties of the Department of the Treasury's Office of Terrorism and Financial Intelligence to include combating illicit financing relating to human trafficking.
The bill amends the Trafficking Victims Protection Act of 2000 to direct the Interagency Task Force to Monitor and Combat Trafficking to report on efforts to eliminate money laundering relating to human trafficking.
The Federal Financial Institutions Examinations Council must review procedures relating to the detection and deterrence of human trafficking-related financial transactions.