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US HB4220
Bill
Status
6/27/2025
Primary Sponsor
Madeleine Dean
Click for details
AI Summary
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Requires FinCEN to request information from financial institutions within 1 year about how homegrown violent extremists and domestic terrorism perpetrators procure firearms and accessories for lone wolf attacks
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FinCEN must issue an advisory on identifying and reporting suspicious financial activity related to terrorist firearm procurement within 540 days if sufficient information is collected
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FinCEN must consult with the FBI Director, ATF Director, and firearms sellers before requesting information, and must tailor requests based on financial institution size
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If insufficient information is collected, FinCEN must report to Congress explaining the methodology used, barriers encountered, and why the advisory could not be developed
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FinCEN must promulgate rules within 90 days defining "firearm accessory," "homegrown violent extremist," "lone wolf," and "lone actor" in consultation with FBI and ATF
Legislative Description
Gun Violence Prevention Through Financial Intelligence Act
Finance and financial sector
Last Action
Referred to the House Committee on Financial Services.
6/27/2025