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Code · U.S. Code · Title 31 - MONEY AND FINANCE · CHAPTER 53— MONETARY TRANSACTIONS · SUBCHAPTER III— MONEY LAUNDERING AND RELATED FINANCIAL CRIMES · § 5354

§ 5354. Grants for fighting money laundering and related financial crimes

144 words·~1 min read·/usc/title-31/section-5354

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(a)In General.— After the end of the 1-year period beginning on the date the first national strategy for combating money laundering and related financial crimes is submitted to the Congress in accordance with section 5341, and subject to subsection (b), the Secretary may review, select, and award grants for State or local law enforcement agencies and prosecutors to provide funding necessary to investigate and prosecute money laundering and related financial crimes in high-risk money laundering and related financial crime areas.
(b)Special Preference.— Special preference shall be given to applications submitted to the Secretary which demonstrate collaborative efforts of two or more State and local law enforcement agencies or prosecutors who have a history of Federal, State, and local cooperative law enforcement and prosecutorial efforts in responding to such criminal activity.
(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2948.)
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  • Pub. L. 105–310, § 2(a)
  • 112 Stat. 2948
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§ 5354
Grants for fighting money laundering and related financial crimes
Pub. L.Pub. L. 105–310, § 2(a)
Stat.112 Stat. 2948
Cites 2Cited by 0 across 0 sources
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