S 3801 · 119th Congress

Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2026

This bill strengthens federal laws against money laundering, terrorist financing, and counterfeiting. It makes it harder for criminals to hide large amounts of money by closing loopholes that allow people to split transactions into smaller amounts to avoid detection. The law expands penalties for illegal money servi…

Sponsor

Grassley, Chuck (R-Iowa)

Introduced

2026-02-05

Policy area

Crime and Law Enforcement

Latest action

Read twice and referred to the Committee on the Judiciary.