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US HB4220

Bill

Status

Introduced

6/27/2025

Primary Sponsor

Madeleine Dean

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • 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

  • 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

  • FinCEN must consult with the FBI Director, ATF Director, and firearms sellers before requesting information, and must tailor requests based on financial institution size

  • If insufficient information is collected, FinCEN must report to Congress explaining the methodology used, barriers encountered, and why the advisory could not be developed

  • 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

Committee Referrals

Financial Services6/27/2025

Full Bill Text

No bill text available