Sec. 5116. Study on the financing of domestic violent extremists and terrorists
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/bill/117/hr/4350/eh/section-5116A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Comptroller General of the United States shall conduct a study on the financing of domestic violent extremists and terrorists, including foreign terrorist-inspired domestic extremists, which should consider— what is known about the primary mechanisms that domestic violent extremists and terrorists use to finance their activities, including the extent to which they rely on online social media, livestreaming sites, crowdfunding platforms, digital assets (including virtual currencies), charities, and foreign sources to finance their activities; what is known about any funding that domestic violent extremists and terrorists provide to foreign entities for the purposes of coordination, support, or otherwise furthering their activities; any data that selected U.S. agencies collect related to the financing of domestic violent extremists and terrorists, and how such data is used; the extent to which U.S. agencies coordinate and share information among themselves, with foreign partner agencies, and with the private sector to identify and exploit the sources of funding for domestic violent extremists and terrorists; efforts of financial institutions to identify and report on suspicious financial activity related to the financing of domestic violent extremists and terrorists; any actions U.S. financial regulators have taken to address the risks to financial institutions of the financing of domestic violent extremists and terrorists; and with respect to the considerations described under subparagraphs
(A)through (F), any civil rights and civil liberties protections currently included in law and challenges associated with any potential changes to the legal framework to address them. Not later than 18 months after the date of enactment of this Act, the Comptroller General of the United States shall report to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives the results of the study required under paragraph (1).