US SB1404

Establishes the Organized Retail and Supply Chain Crime Coordination Center within Homeland Security Investigations within 90 days of enactment, to be led by a Senior Executive Service Director with a rotating Deputy Director from FBI, Secret Service, or Postal Inspection Service

Expands federal criminal jurisdiction under 18 U.S.C. sections 2314 and 2315 by allowing aggregation of thefts totaling $5,000 or more over any 12-month period, and adds coverage for goods obtained through embezzlement, false pretense, or use of interstate commerce facilities

Adds violations of sections 659 (interstate cargo theft), 2314, and 2315 to federal money laundering and asset forfeiture statutes, and expands the definition of monetary instruments to include prepaid cards and gift cards

Requires DHS and DOJ to evaluate existing federal grant and training programs for combating organized retail crime within 180 days and issue guidance on expanding technical assistance to state, local, and Tribal law enforcement

Center authority sunsets 7 years after establishment; annual reporting to Congress required on crime trends, prosecutions, and connections between retail theft organizations and transnational criminal activity