Sec. 7118. FINANCING OF TERRORISM

169 words·~1 min read·/statute-compilations/comps-8188/sec-7118

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 7118 FINANCING OF TERRORISM ###

(a)Findings Consistent with the report of the National Commission on Terrorist Attacks Upon the United States, Congress makes the following findings: ####

(1)The death or capture of several important financial facilitators has decreased the amount of money available to al Qaeda, and has made it more difficult for al Qaeda to raise and move money. ####

(2)The capture of al Qaeda financial facilitators has provided a windfall of intelligence that can be used to continue the cycle of disruption. ####

(3)The United States Government has rightly recognized that information about terrorist money helps in understanding terror networks, searching them out, and disrupting their operations. ###

(b)Sense of Congress It is the sense of Congress that— ####

(1)a critical weapon in the effort to stop terrorist financing should be the targeting of terrorist financial facilitators by intelligence and law enforcement agencies; and ####

(2)efforts to track terrorist financing must be paramount in United States counterterrorism efforts.