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Congressional Record: October 4, 2001 (Senate)
Page S10289-S10334

 
          STATEMENTS ON INTRODUCED BILLS AND JOINT RESOLUTIONS

                                 
      By Mr. DASCHLE (for himself, Mr. Lott, Mr. Leahy, Mr. Hatch, Mr. 
        Graham, Mr. Shelby, and Mr. Sarbanes):
  S. 1510. A bill to deter and punish terrorist acts in the United 
States and around the world, to enhance law enforcement investigatory 
tools, and for other purposes; read the first time.
  There being no objection, the bill was ordered to be printed in the 
Record, as follows:
  Mr. DASCHLE. Mr. President, I ask unanimous consent that the text of 
the bill be printed in the Record.

                                S. 1510

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. SHORT TITLE AND TABLE OF CONTENTS.

       (a) Short Title.--This Act may be cited as the "Uniting 
     and Strengthening America Act" or the "USA Act of 2001".
       (b) Table of Contents.-- The table of contents for this Act 
     is as follows:

Sec. 1. Short title and table of contents.
Sec. 2. Construction; severability.

         TITLE I--ENHANCING DOMESTIC SECURITY AGAINST TERRORISM

Sec. 101. Counterterrorism fund.
Sec. 102. Sense of Congress condemning discrimination against Arab and 
              Muslim Americans.
Sec. 103. Increased funding for the technical support center at the 
              Federal Bureau of Investigation.
Sec. 104. Requests for military assistance to enforce prohibition in 
              certain emergencies.
Sec. 105. Expansion of national electronic crime task force initiative.
Sec. 106. Presidential authority.

               TITLE II--ENHANCED SURVEILLANCE PROCEDURES

Sec. 201. Authority to intercept wire, oral, and electronic 
              communications relating to terrorism.
Sec. 202. Authority to intercept wire, oral, and electronic 
              communications relating to computer fraud and abuse 
              offenses.
Sec. 203. Authority to share criminal investigative information.
Sec. 204. Clarification of intelligence exceptions from limitations on 
              interception and disclosure of wire, oral, and electronic 
              communications.

[[Page S10308]]

Sec. 205. Employment of translators by the Federal Bureau of 
              Investigation.
Sec. 206. Roving surveillance authority under the Foreign Intelligence 
              Surveillance Act of 1978.
Sec. 207. Duration of FISA surveillance of non-United States persons 
              who are agents of a foreign power.
Sec. 208. Designation of judges.
Sec. 209. Seizure of voice-mail messages pursuant to warrants.
Sec. 210. Scope of subpoenas for records of electronic communications.
Sec. 211. Clarification of scope.
Sec. 212. Emergency disclosure of electronic communications to protect 
              life and limb.
Sec. 213. Authority for delaying notice of the execution of a warrant.
Sec. 214. Pen register and trap and trace authority under FISA.
Sec. 215. Access to records and other items under the Foreign 
              Intelligence Surveillance Act.
Sec. 216. Modification of authorities relating to use of pen registers 
              and trap and trace devices.
Sec. 217. Interception of computer trespasser communications.
Sec. 218. Foreign intelligence information.
Sec. 219. Single-jurisdiction search warrants for terrorism.
Sec. 220. Nationwide service of search warrants for electronic 
              evidence.
Sec. 221. Trade sanctions.
Sec. 222. Assistance to law enforcement agencies.

TITLE III--INTERNATIONAL MONEY LAUNDERING ABATEMENT AND ANTI-TERRORIST 
                         FINANCING ACT OF 2001

Sec. 301. Short title.
Sec. 302. Findings and purposes.
Sec. 303. 4-Year congressional review-expedited consideration.

Subtitle A--International Counter Money Laundering and Related Measures

Sec. 311. Special measures for jurisdictions, financial institutions, 
              or international transactions of primary money laundering 
              concern.
Sec. 312. Special due diligence for correspondent accounts and private 
              banking accounts.
Sec. 313. Prohibition on United States correspondent accounts with 
              foreign shell banks.
Sec. 314. Cooperative efforts to deter money laundering.
Sec. 315. Inclusion of foreign corruption offenses as money laundering 
              crimes.
Sec. 316. Anti-terrorist forfeiture protection.
Sec. 317. Long-arm jurisdiction over foreign money launderers.
Sec. 318. Laundering money through a foreign bank.
Sec. 319. Forfeiture of funds in United States interbank accounts.
Sec. 320. Proceeds of foreign crimes.
Sec. 321. Exclusion of aliens involved in money laundering.
Sec. 322. Corporation represented by a fugitive.
Sec. 323. Enforcement of foreign judgments.
Sec. 324. Increase in civil and criminal penalties for money 
              laundering.
Sec. 325. Report and recommendation.
Sec. 326. Report on effectiveness.
Sec. 327. Concentration accounts at financial institutions.

   Subtitle B--Currency Transaction Reporting Amendments and Related 
                              Improvements

Sec. 331. Amendments relating to reporting of suspicious activities.
Sec. 332. Anti-money laundering programs.
Sec. 333. Penalties for violations of geographic targeting orders and 
              certain recordkeeping requirements, and lengthening 
              effective period of geographic targeting orders.
Sec. 334. Anti-money laundering strategy.
Sec. 335. Authorization to include suspicions of illegal activity in 
              written employment references.
Sec. 336. Bank Secrecy Act advisory group.
Sec. 337. Agency reports on reconciling penalty amounts.
Sec. 338. Reporting of suspicious activities by securities brokers and 
              dealers.
Sec. 339. Special report on administration of Bank Secrecy provisions.
Sec. 340. Bank Secrecy provisions and anti-terrorist activities of 
              United States intelligence agencies.
Sec. 341. Reporting of suspicious activities by hawala and other 
              underground banking systems.
Sec. 342. Use of Authority of the United States Executive Directors.

                      Subtitle D--Currency Crimes

Sec. 351. Bulk cash smuggling.

                  Subtitle E--Anticorruption Measures

Sec. 361. Corruption of foreign governments and ruling elites.
Sec. 362. Support for the financial action task force on money 
              laundering.
Sec. 363. Terrorist funding through money laundering.

                    TITLE IV--PROTECTING THE BORDER

               Subtitle A--Protecting the Northern Border

Sec. 401. Ensuring adequate personnel on the northern border.
Sec. 402. Northern border personnel.
Sec. 403. Access by the Department of State and the INS to certain 
              identifying information in the criminal history records 
              of visa applicants and applicants for admission to the 
              United States.
Sec. 404. Limited authority to pay overtime.
Sec. 405. Report on the integrated automated fingerprint identification 
              system for points of entry and overseas consular posts.

              Subtitle B--Enhanced Immigration Provisions

Sec. 411. Definitions relating to terrorism.
Sec. 412. Mandatory detention of suspected terrorists; habeas corpus; 
              judicial review.
Sec. 413. Multilateral cooperation against terrorists.

         TITLE V--REMOVING OBSTACLES TO INVESTIGATING TERRORISM

Sec. 501. Professional Standards for Government Attorneys Act of 2001.
Sec. 502. Attorney General's authority to pay rewards to combat 
              terrorism.
Sec. 503. Secretary of State's authority to pay rewards.
Sec. 504. DNA identification of terrorists and other violent offenders.
Sec. 505. Coordination with law enforcement.
Sec. 506. Miscellaneous national security authorities.
Sec. 507. Extension of Secret Service jurisdiction.
Sec. 508. Disclosure of educational records.
Sec. 509. Disclosure of information from NCES surveys.

 TITLE VI--PROVIDING FOR VICTIMS OF TERRORISM, PUBLIC SAFETY OFFICERS, 
                           AND THEIR FAMILIES

         Subtitle A--Aid to Families of Public Safety Officers

Sec. 611. Expedited payment for public safety officers involved in the 
              prevention, investigation, rescue, or recovery efforts 
              related to a terrorist attack.
Sec. 612. Technical correction with respect to expedited payments for 
              heroic public safety officers.
Sec. 613. Public Safety Officers Benefit Program payment increase.
Sec. 614. Office of justice programs.

       Subtitle B--Amendments to the Victims of Crime Act of 1984

Sec. 621. Crime Victims Fund.
Sec. 622. Crime victim compensation.
Sec. 623. Crime victim assistance.
Sec. 624. Victims of terrorism.

 TITLE VII--INCREASED INFORMATION SHARING FOR CRITICAL INFRASTRUCTURE 
                               PROTECTION

Sec. 711. Expansion of regional information sharing system to 
              facilitate Federal-State-local law enforcement response 
              related to terrorist attacks.

     TITLE VIII--STRENGTHENING THE CRIMINAL LAWS AGAINST TERRORISM

Sec. 801. Terrorist attacks and other acts of violence against mass 
              transportation systems.
Sec. 802. Expansion of the biological weapons statute.
Sec. 803. Definition of domestic terrorism.
Sec. 804. Prohibition against harboring terrorists.
Sec. 805. Jurisdiction over crimes committed at U.S. facilities abroad.
Sec. 806. Material support for terrorism.
Sec. 807. Assets of terrorist organizations.
Sec. 808. Technical clarification relating to provision of material 
              support to terrorism.
Sec. 809. Definition of Federal crime of terrorism.
Sec. 810. No statute of limitation for certain terrorism offenses.
Sec. 811. Alternate maximum penalties for terrorism offenses.
Sec. 812. Penalties for terrorist conspiracies.
Sec. 813. Post-release supervision of terrorists.
Sec. 814. Inclusion of acts of terrorism as racketeering activity.
Sec. 815. Deterrence and prevention of cyberterrorism.
Sec. 816. Additional defense to civil actions relating to preserving 
              records in response to government requests.
Sec. 817. Development and support of cybersecurity forensic 
              capabilities.

                    TITLE IX--IMPROVED INTELLIGENCE

Sec. 901. Responsibilities of Director of Central Intelligence 
              regarding foreign intelligence collected under Foreign 
              Intelligence Surveillance Act of 1978.
Sec. 902. Inclusion of international terrorist activities within scope 
              of foreign intelligence under National Security Act of 
              1947.
Sec. 903. Sense of Congress on the establishment and maintenance of 
              intelligence relationships to acquire information on 
              terrorists and terrorist organizations.
Sec. 904. Temporary authority to defer submittal to Congress of reports 
              on intelligence and intelligence-related matters.

[[Page S10309]]

Sec. 905. Disclosure to director of central intelligence of foreign 
              intelligence-related information with respect to criminal 
              investigations.
Sec. 906. Foreign terrorist asset tracking center.
Sec. 907. National virtual translation center.
Sec. 908. Training of government officials regarding identification and 
              use of foreign intelligence.

     SEC. 2. CONSTRUCTION; SEVERABILITY.

       Any provision of this Act held to be invalid or 
     unenforceable by its terms, or as applied to any person or 
     circumstance, shall be construed so as to give it the maximum 
     effect permitted by law, unless such holding shall be one of 
     utter invalidity or unenforceability, in which event such 
     provision shall be deemed severable from this Act and shall 
     not affect the remainder thereof or the application of such 
     provision to other persons not similarly situated or to 
     other, dissimilar circumstances.

         TITLE I--ENHANCING DOMESTIC SECURITY AGAINST TERRORISM

     SEC. 101. COUNTERTERRORISM FUND.

       (a) Establishment; Availability.--There is hereby 
     established in the Treasury of the United States a separate 
     fund to be known as the "Counterterrorism Fund", amounts in 
     which shall remain available without fiscal year limitation--
       (1) to reimburse any Department of Justice component for 
     any costs incurred in connection with--
       (A) reestablishing the operational capability of an office 
     or facility that has been damaged or destroyed as the result 
     of any domestic or international terrorism incident;
       (B) providing support to counter, investigate, or prosecute 
     domestic or international terrorism, including, without 
     limitation, paying rewards in connection with these 
     activities; and
       (C) conducting terrorism threat assessments of Federal 
     agencies and their facilities; and
       (2) to reimburse any department or agency of the Federal 
     Government for any costs incurred in connection with 
     detaining in foreign countries individuals accused of acts of 
     terrorism that violate the laws of the United States.
       (b) No Effect on Prior Appropriations.--Subsection (a) 
     shall not be construed to affect the amount or availability 
     of any appropriation to the Counterterrorism Fund made before 
     the date of enactment of this Act.

     SEC. 102. SENSE OF CONGRESS CONDEMNING DISCRIMINATION AGAINST 
                   ARAB AND MUSLIM AMERICANS.

       (a) Findings.--Congress makes the following findings:
       (1) Arab Americans, Muslim Americans, and Americans from 
     South Asia play a vital role in our Nation and are entitled 
     to nothing less than the full rights of every American.
       (2) The acts of violence that have been taken against Arab 
     and Muslim Americans since the September 11, 2001, attacks 
     against the United States should be and are condemned by all 
     Americans who value freedom.
       (3) The concept of individual responsibility for wrongdoing 
     is sacrosanct in American society, and applies equally to all 
     religious, racial, and ethnic groups.
       (4) When American citizens commit acts of violence against 
     those who are, or are perceived to be, of Arab or Muslim 
     descent, they should be punished to the full extent of the 
     law.
       (5) Muslim Americans have become so fearful of harassment 
     that many Muslim women are changing the way they dress to 
     avoid becoming targets.
       (6) Many Arab Americans and Muslim Americans have acted 
     heroically during the attacks on the United States, including 
     Mohammed Salman Hamdani, a 23-year-old New Yorker of 
     Pakistani descent, who is believed to have gone to the World 
     Trade Center to offer rescue assistance and is now missing.
       (b) Sense of Congress.--It is the sense of Congress that--
       (1) the civil rights and civil liberties of all Americans, 
     including Arab Americans, Muslim Americans, and Americans 
     from South Asia, must be protected, and that every effort 
     must be taken to preserve their safety;
       (2) any acts of violence or discrimination against any 
     Americans be condemned; and
       (3) the Nation is called upon to recognize the patriotism 
     of fellow citizens from all ethnic, racial, and religious 
     backgrounds.

     SEC. 103. INCREASED FUNDING FOR THE TECHNICAL SUPPORT CENTER 
                   AT THE FEDERAL BUREAU OF INVESTIGATION.

       There are authorized to be appropriated for the Technical 
     Support Center established in section 811 of the 
     Antiterrorism and Effective Death Penalty Act of 1996 (Public 
     Law 104-132) to help meet the demands for activities to 
     combat terrorism and support and enhance the technical 
     support and tactical operations of the FBI, $200,000,000 for 
     each of the fiscal years 2002, 2003, and 2004.

     SEC. 104. REQUESTS FOR MILITARY ASSISTANCE TO ENFORCE 
                   PROHIBITION IN CERTAIN EMERGENCIES.

       Section 2332e of title 18, United States Code, is amended--
       (1) by striking "2332c" and inserting "2332a"; and
       (2) by striking "chemical".

     SEC. 105. EXPANSION OF NATIONAL ELECTRONIC CRIME TASK FORCE 
                   INITIATIVE.

       The Director of the United States Secret Service shall take 
     appropriate actions to develop a national network of 
     electronic crime task forces, based on the New York 
     Electronic Crimes Task Force model, throughout the United 
     States, for the purpose of preventing, detecting, and 
     investigating various forms of electronic crimes, including 
     potential terrorist attacks against critical infrastructure 
     and financial payment systems.

     SEC. 106. PRESIDENTIAL AUTHORITY.

       Section 203 of the International Emergency Powers Act (50 
     U.S.C. 1702) is amended--
       (1) in subsection (a)(1)--
       (A) at the end of subparagraph (A) (flush to that 
     subparagraph), by striking "; and" and inserting a comma 
     and the following:
     "by any person, or with respect to any property, subject to 
     the jurisdiction of the United States;";
       (B) in subparagraph (B)--
       (i) by inserting ", block during the pendency of an 
     investigation" after "investigate"; and
       (ii) by striking "interest;" and inserting "interest by 
     any person, or with respect to any property, subject to the 
     jurisdiction of the United States; and"; and
       (C) by inserting at the end the following:
       "(C) when the United States is engaged in armed 
     hostilities or has been attacked by a foreign country or 
     foreign nationals, confiscate any property, subject to the 
     jurisdiction of the United States, of any foreign person, 
     foreign organization, or foreign country that he determines 
     has planned, authorized, aided, or engaged in such 
     hostilities or attacks against the United States; and all 
     right, title, and interest in any property so confiscated 
     shall vest, when, as, and upon the terms directed by the 
     President, in such agency or person as the President may 
     designate from time to time, and upon such terms and 
     conditions as the President may prescribe, such interest or 
     property shall be held, used, administered, liquidated, sold, 
     or otherwise dealt with in the interest of and for the 
     benefit of the United States, and such designated agency or 
     person may perform any and all acts incident to the 
     accomplishment or furtherance of these purposes."; and
       (2) by inserting at the end the following:
       "(c) Classified Information.--In any judicial review of a 
     determination made under this section, if the determination 
     was based on classified information (as defined in section 
     1(a) of the Classified Information Procedures Act) such 
     information may be submitted to the reviewing court ex parte 
     and in camera. This subsection does not confer or imply any 
     right to judicial review.".

               TITLE II--ENHANCED SURVEILLANCE PROCEDURES

     SEC. 201. AUTHORITY TO INTERCEPT WIRE, ORAL, AND ELECTRONIC 
                   COMMUNICATIONS RELATING TO TERRORISM.

       Section 2516(1) of title 18, United States Code, is 
     amended--
       (1) by redesignating paragraph (p), as so redesignated by 
     section 434(2) of the Antiterrorism and Effective Death 
     Penalty Act of 1996 (Public Law 104-132; 110 Stat. 1274), as 
     paragraph (r); and
       (2) by inserting after paragraph (p), as so redesignated by 
     section 201(3) of the Illegal Immigration Reform and 
     Immigrant Responsibility Act of 1996 (division C of Public 
     Law 104-208; 110 Stat. 3009-565), the following new 
     paragraph:
       "(q) any criminal violation of section 229 (relating to 
     chemical weapons); or sections 2332, 2332a, 2332b, 2332d, 
     2339A, or 2339B of this title (relating to terrorism); or".

     SEC. 202. AUTHORITY TO INTERCEPT WIRE, ORAL, AND ELECTRONIC 
                   COMMUNICATIONS RELATING TO COMPUTER FRAUD AND 
                   ABUSE OFFENSES.

       Section 2516(1)(c) of title 18, United States Code, is 
     amended by striking "and section 1341 (relating to mail 
     fraud)," and inserting "section 1341 (relating to mail 
     fraud), a felony violation of section 1030 (relating to 
     computer fraud and abuse),".

     SEC. 203. AUTHORITY TO SHARE CRIMINAL INVESTIGATIVE 
                   INFORMATION.

       (a) Authority to Share Grand Jury Information.--
       (1) In general.--Rule 6(e)(3)(C) of the Federal Rules of 
     Criminal Procedure is amended--
       (A) in clause (iii), by striking "or" at the end;
       (B) in clause (iv), by striking the period at the end and 
     inserting "; or"; and
       (C) by inserting at the end the following:
       "(v) when the matters involve foreign intelligence or 
     counterintelligence (as defined in section 3 of the National 
     Security Act of 1947 (50 U.S.C. 401a)), or foreign 
     intelligence information (as defined in Rule 6(e)(3)(C)(ii)) 
     to any other Federal law enforcement, intelligence, 
     protective, immigration, national defense, or national 
     security official in order to assist the official receiving 
     that information in the performance of his official duties.
     Any Federal official who receives information pursuant to 
     clause (v) may use that information only as necessary in the 
     conduct of that person's official duties subject to any 
     limitations on the unauthorized disclosure of such 
     information.".
       (2) Definition.--Rule 6(e)(3)(C) of the Federal Rules of 
     Criminal Procedure, as amended by paragraph (1), is amended 
     by--
       (A) inserting "(i)" after "(C)";
       (B) redesignating clauses (i) through (v) as subclauses (I) 
     through (IV), respectively; and
       (C) inserting at the end the following:
       "(ii) In this subparagraph, the term `foreign intelligence 
     information' means--
       "(I) information, whether or not concerning a United 
     States person, that relates

[[Page S10310]]

     to the ability of the United States to protect against--

       "(aa) actual or potential attack or other grave hostile 
     acts of a foreign power or an agent of a foreign power;
       "(bb) sabotage or international terrorism by a foreign 
     power or an agent of a foreign power; or
       "(cc) clandestine intelligence activities by an 
     intelligence service or network of a foreign power or by an 
     agent of a foreign power; or

       "(II) information, whether or not concerning a United 
     States person, with respect to a foreign power or foreign 
     territory that relates to--

       "(aa) the national defense or the security of the United 
     States; or
       "(bb) the conduct of the foreign affairs of the United 
     States.".

       (b) Authority To Share Electronic, Wire, and Oral 
     Interception Information.--
       (1) Law enforcement.--Section 2517 of title 18, United 
     States Code, is amended by inserting at the end the 
     following:
       "(6) Any investigative or law enforcement officer, or 
     attorney for the Government, who by any means authorized by 
     this chapter, has obtained knowledge of the contents of any 
     wire, oral, or electronic communication, or evidence derived 
     therefrom, may disclose such contents to any other Federal 
     law enforcement, intelligence, protective, immigration, 
     national defense, or national security official to the extent 
     that such contents include foreign intelligence or 
     counterintelligence (as defined in section 3 of the National 
     Security Act of 1947 (50 U.S.C. 401a)), or foreign 
     intelligence information (as defined in subsection (19) of 
     section 2510 of this title), to assist the official who is to 
     receive that information in the performance of his official 
     duties. Any Federal official who receives information 
     pursuant to this provision may use that information only as 
     necessary in the conduct of that person's official duties 
     subject to any limitations on the unauthorized disclosure of 
     such information.".
       (2) Definition.--Section 2510 of title 18, United States 
     Code, is amended by--
       (A) in paragraph (17), by striking "and" after the 
     semicolon;
       (B) in paragraph (18), by striking the period and inserting 
     "; and"; and
       (C) by inserting at the end the following:
       "(19) `foreign intelligence information' means--
       "(A) information, whether or not concerning a United 
     States person, that relates to the ability of the United 
     States to protect against--
       "(i) actual or potential attack or other grave hostile 
     acts of a foreign power or an agent of a foreign power;
       "(ii) sabotage or international terrorism by a foreign 
     power or an agent of a foreign power; or
       "(iii) clandestine intelligence activities by an 
     intelligence service or network of a foreign power or by an 
     agent of a foreign power; or
       "(B) information, whether or not concerning a United 
     States person, with respect to a foreign power or foreign 
     territory that relates to--
       "(i) the national defense or the security of the United 
     States; or
       "(ii) the conduct of the foreign affairs of the United 
     States.".
       (c) Procedures.--The Attorney General shall establish 
     procedures for the disclosure of information pursuant to 
     section 2517(6) and Rule 6(e)(3)(C)(v) of the Federal Rules 
     of Criminal Procedure that identifies a United States person, 
     as defined in section 101 of the Foreign Intelligence 
     Surveillance Act of 1978 (50 U.S.C. 1801)).
       (d) Foreign Intelligence Information.--
       (1) In general.--Notwithstanding any other provision of 
     law, it shall be lawful for foreign intelligence or 
     counterintelligence (as defined section 3 of the National 
     Security Act of 1947 (50 U.S.C. 401a)) or foreign 
     intelligence information obtained as part of a criminal 
     investigation to be disclosed to any Federal law enforcement, 
     intelligence, protective, immigration, national defense, or 
     national security official in order to assist the official 
     receiving that information in the performance of his official 
     duties. Any Federal official who receives information 
     pursuant to this provision may use that information only as 
     necessary in the conduct of that person's official duties 
     subject to any limitations on the unauthorized disclosure of 
     such information.
       (2) Definition.--In this subsection, the term "foreign 
     intelligence information" means--
       (A) information, whether or not concerning a United States 
     person, that relates to the ability of the United States to 
     protect against--
       (i) actual or potential attack or other grave hostile acts 
     of a foreign power or an agent of a foreign power;
       (ii) sabotage or international terrorism by a foreign power 
     or an agent of a foreign power; or
       (iii) clandestine intelligence activities by an 
     intelligence service or network of a foreign power or by an 
     agent of a foreign power; or
       (B) information, whether or not concerning a United States 
     person, with respect to a foreign power or foreign territory 
     that relates to--
       (i) the national defense or the security of the United 
     States; or
       (ii) the conduct of the foreign affairs of the United 
     States.

     SEC. 204. CLARIFICATION OF INTELLIGENCE EXCEPTIONS FROM 
                   LIMITATIONS ON INTERCEPTION AND DISCLOSURE OF 
                   WIRE, ORAL, AND ELECTRONIC COMMUNICATIONS.

       Section 2511(2)(f) of title 18, United States Code, is 
     amended--
       (1) by striking "this chapter or chapter 121" and 
     inserting "this chapter or chapter 121 or 206 of this 
     title"; and
       (2) by striking "wire and oral" and inserting "wire, 
     oral, and electronic".

     SEC. 205. EMPLOYMENT OF TRANSLATORS BY THE FEDERAL BUREAU OF 
                   INVESTIGATION.

       (a) Authority.--The Director of the Federal Bureau of 
     Investigation is authorized to expedite the employment of 
     personnel as translators to support counterterrorism 
     investigations and operations without regard to applicable 
     Federal personnel requirements and limitations.
       (b) Security Requirements.--The Director of the Federal 
     Bureau of Investigation shall establish such security 
     requirements as are necessary for the personnel employed as 
     translators under subsection (a).
       (c) Report.--The Attorney General shall report to the 
     Committees on the Judiciary of the House of Representatives 
     and the Senate on--
       (1) the number of translators employed by the FBI and other 
     components of the Department of Justice;
       (2) any legal or practical impediments to using translators 
     employed by other Federal, State, or local agencies, on a 
     full, part-time, or shared basis; and
       (3) the needs of the FBI for specific translation services 
     in certain languages, and recommendations for meeting those 
     needs.

     SEC. 206. ROVING SURVEILLANCE AUTHORITY UNDER THE FOREIGN 
                   INTELLIGENCE SURVEILLANCE ACT OF 1978.

       Section 105(c)(2)(B) of the Foreign Intelligence 
     Surveillance Act of 1978 (50 U.S.C. 1805(c)(2)(B)) is amended 
     by inserting ", or in circumstances where the Court finds 
     that the actions of the target of the application may have 
     the effect of thwarting the identification of a specified 
     person, such other persons," after "specified person".

     SEC. 207. DURATION OF FISA SURVEILLANCE OF NON-UNITED STATES 
                   PERSONS WHO ARE AGENTS OF A FOREIGN POWER.

       (a) Duration .--
       (1) Surveillance.--Section 105(d)(1) of the Foreign 
     Intelligence Surveillance Act of 1978 (50 U.S.C. 1805(d)(1)) 
     is amended by--
       (A) inserting "(A)" after "except that"; and
       (B) inserting before the period the following: ", and (B) 
     an order under this Act for a surveillance targeted against 
     an agent of a foreign power, as defined in section 101(b)(A) 
     may be for the period specified in the application or for 120 
     days, whichever is less".
       (2) Physical Search.--Section 304(d)(1) of the Foreign 
     Intelligence Surveillance Act of 1978 (50 U.S.C. 1824(d)(1)) 
     is amended by--
       (A) striking "forty-five" and inserting "90";
       (B) inserting "(A)" after "except that"; and
       (C) inserting before the period the following: ", and (B) 
     an order under this section for a physical search targeted 
     against an agent of a foreign power as defined in section 
     101(b)(A) may be for the period specified in the application 
     or for 120 days, whichever is less".
       (b) Extension.--
       (1) In general.--Section 105(d)(2) of the Foreign 
     Intelligence Surveillance Act of 1978 (50 U.S.C. 1805(d)(2)) 
     is amended by--
       (A) inserting "(A)" after "except that"; and
       (B) inserting before the period the following: ", and (B) 
     an extension of an order under this Act for a surveillance 
     targeted against an agent of a foreign power as defined in 
     section 101(b)(1)(A) may be for a period not to exceed 1 
     year".
       (2) Defined term.--Section 304(d)(2) of the Foreign 
     Intelligence Surveillance Act of 1978 (50 U.S.C. 1824(d)(2) 
     is amended by inserting after "not a United States person," 
     the following: "or against an agent of a foreign power as 
     defined in section 101(b)(1)(A)".

     SEC. 208. DESIGNATION OF JUDGES.

       Section 103(a) of the Foreign Intelligence Surveillance Act 
     of 1978 (50 U.S.C. 1803(a)) is amended by--
       (1) striking "seven district court judges" and inserting 
     "11 district court judges"; and
       (2) inserting "of whom no less than 3 shall reside within 
     20 miles of the District of Columbia" after "circuits".

     SEC. 209. SEIZURE OF VOICE-MAIL MESSAGES PURSUANT TO 
                   WARRANTS.

       Title 18, United States Code, is amended--
       (1) in section 2510--
       (A) in paragraph (1), by striking beginning with "and 
     such" and all that follows through "communication"; and
       (B) in paragraph (14), by inserting "wire or" after 
     "transmission of"; and
       (2) in subsections (a) and (b) of section 2703--
       (A) by striking "Contents of electronic" and inserting 
     "Contents of wire or electronic" each place it appears;
       (B) by striking "contents of an electronic" and inserting 
     "contents of a wire or electronic" each place it appears; 
     and
       (C) by striking "any electronic" and inserting "any wire 
     or electronic" each place it appears.

[[Page S10311]]

     SEC. 210. SCOPE OF SUBPOENAS FOR RECORDS OF ELECTRONIC 
                   COMMUNICATIONS.

       Section 2703(c)(2) of title 18, United States Code, as 
     redesignated by section 212, is amended--
       (1) by striking "entity the name, address, local and long 
     distance telephone toll billing records, telephone number or 
     other subscriber number or identity, and length of service of 
     the subscriber" and inserting the following: "entity the--
       "(A) name;
       "(B) address;
       "(C) local and long distance telephone connection records, 
     or records of session times and durations;
       "(D) length of service (including start date) and types of 
     service utilized;
       "(E) telephone or instrument number or other subscriber 
     number or identity, including any temporarily assigned 
     network address; and
       "(F) means and source of payment (including any credit 
     card or bank account number),
     of a subscriber"; and
       (2) by striking "and the types of services the subscriber 
     or customer utilized,".

     SEC. 211. CLARIFICATION OF SCOPE.

       Section 631 of the Communications Act of 1934 (47 U.S.C. 
     551) is amended--
       (1) in subsection (c)(2)--
       (A) in subparagraph (B), by striking "or";
       (B) in subparagraph (C), by striking the period at the end 
     and inserting"; or"; and
       (C) by inserting at the end the following:
       "(D) authorized under chapters 119, 121, or 206 of title 
     18, United States Code, except that such disclosure shall not 
     include records revealing customer cable television viewing 
     activity."; and
       (2) in subsection (h) by striking "A governmental entity" 
     and inserting "Except as provided in subsection (c)(2)(D), a 
     governmental entity".

     SEC. 212. EMERGENCY DISCLOSURE OF ELECTRONIC COMMUNICATIONS 
                   TO PROTECT LIFE AND LIMB.

       (a) Disclosure of Contents.--
       (1) In general.--Section 2702 of title 18, United States 
     Code, is amended--
       (A) by striking the section heading and inserting the 
     following:

     "Sec. 2702. Voluntary disclosure of customer communications 
       or records";

       (B) in subsection (a)--
       (i) in paragraph (2)(A), by striking "and" at the end;
       (ii) in paragraph (2)(B), by striking the period and 
     inserting "; and"; and
       (iii) by inserting after paragraph (2) the following:
       "(3) a provider of remote computing service or electronic 
     communication service to the public shall not knowingly 
     divulge a record or other information pertaining to a 
     subscriber to or customer of such service (not including the 
     contents of communications covered by paragraph (1) or (2)) 
     to any governmental entity.";
       (C) in subsection (b), by striking "Exceptions.--A person 
     or entity" and inserting "Exceptions for disclosure of 
     communications.-- A provider described in subsection (a)";
       (D) in subsection (b)(6)--
       (i) in subparagraph (A)(ii), by striking "or";
       (ii) in subparagraph (B), by striking the period and 
     inserting "; or"; and
       (iii) by adding after subparagraph (B) the following:
       "(C) if the provider reasonably believes that an emergency 
     involving immediate danger of death or serious physical 
     injury to any person requires disclosure of the information 
     without delay."; and
       (E) by inserting after subsection (b) the following:
       "(c) Exceptions for Disclosure of Customer Records.--A 
     provider described in subsection (a) may divulge a record or 
     other information pertaining to a subscriber to or customer 
     of such service (not including the contents of communications 
     covered by subsection (a)(1) or (a)(2))--
       "(1) as otherwise authorized in section 2703;
       "(2) with the lawful consent of the customer or 
     subscriber;
       "(3) as may be necessarily incident to the rendition of 
     the service or to the protection of the rights or property of 
     the provider of that service;
       "(4) to a governmental entity, if the provider reasonably 
     believes that an emergency involving immediate danger of 
     death or serious physical injury to any person justifies 
     disclosure of the information; or
       "(5) to any person other than a governmental entity.".
       (2) Technical and conforming amendment.--The table of 
     sections for chapter 121 of title 18, United States Code, is 
     amended by striking the item relating to section 2702 and 
     inserting the following:

"2702. Voluntary disclosure of customer communications or records.".

       (b) Requirements for Government Access.--
       (1) In general.--Section 2703 of title 18, United States 
     Code, is amended--
       (A) by striking the section heading and inserting the 
     following:

     "Sec. 2703. Required disclosure of customer communications 
       or records";

       (B) in subsection (c) by redesignating paragraph (2) as 
     paragraph (3);
       (C) in subsection (c)(1)--
       (i) by striking "(A) Except as provided in subparagraph 
     (B), a provider of electronic communication service or remote 
     computing service may" and inserting "A governmental entity 
     may require a provider of electronic communication service or 
     remote computing service to";
       (ii) by striking "covered by subsection (a) or (b) of this 
     section) to any person other than a governmental entity.
       "(B) A provider of electronic communication service or 
     remote computing service shall disclose a record or other 
     information pertaining to a subscriber to or customer of such 
     service (not including the contents of communications covered 
     by subsection (a) or (b) of this section) to a governmental 
     entity" and inserting ")";
       (iii) by redesignating subparagraph (C) as paragraph (2);
       (iv) by redesignating clauses (i), (ii), (iii), and (iv) as 
     subparagraphs (A), (B), (C), and (D), respectively;
       (v) in subparagraph (D) (as redesignated) by striking the 
     period and inserting "; or"; and
       (vi) by inserting after subparagraph (D) (as redesignated) 
     the following:
       "(E) seeks information under paragraph (2)."; and
       (D) in paragraph (2) (as redesignated) by striking 
     "subparagraph (B)" and insert "paragraph (1)".
       (2) Technical and conforming amendment.--The table of 
     sections for chapter 121 of title 18, United States Code, is 
     amended by striking the item relating to section 2703 and 
     inserting the following:

"2703. Required disclosure of customer communications or records.".

     SEC. 213. AUTHORITY FOR DELAYING NOTICE OF THE EXECUTION OF A 
                   WARRANT.

       Section 3103a of title 18, United States Code, is amended--
       (1) by inserting "(a) In General.--" before "In 
     addition"; and
       (2) by adding at the end the following:
       "(b) Delay.--With respect to the issuance of any warrant 
     or court order under this section, or any other rule of law, 
     to search for and seize any property or material that 
     constitutes evidence of a criminal offense in violation of 
     the laws of the United States, any notice required, or that 
     may be required, to be given may be delayed if--
       "(1) the court finds reasonable cause to believe that 
     providing immediate notification of the execution of the 
     warrant may have an adverse result (as defined in section 
     2705);
       "(2) the warrant prohibits the seizure of any tangible 
     property, any wire or electronic communication (as defined in 
     section 2510), or, except as expressly provided in chapter 
     121, any stored wire or electronic information, except where 
     the court finds reasonable necessity for the seizure; and
       "(3) the warrant provides for the giving of such notice 
     within a reasonable period of its execution, which period may 
     thereafter be extended by the court for good cause shown.".

     SEC. 214. PEN REGISTER AND TRAP AND TRACE AUTHORITY UNDER 
                   FISA.

       (a) Applications and Orders.--Section 402 of the Foreign 
     Intelligence Surveillance Act of 1978 (50 U.S.C. 1842) is 
     amended--
       (1) in subsection (a)(1), by striking "for any 
     investigation to gather foreign intelligence information or 
     information concerning international terrorism" and 
     inserting "for any investigation to protect against 
     international terrorism or clandestine intelligence 
     activities, provided that such investigation of a United 
     States person is not conducted solely upon the basis of 
     activities protected by the first amendment to the 
     Constitution";
       (2) by amending subsection (c)(2) to read as follows:
       "(2) a certification by the applicant that the information 
     likely to be obtained is relevant to an ongoing investigation 
     to protect against international terrorism or clandestine 
     intelligence activities, provided that such investigation of 
     a United States person is not conducted solely upon the basis 
     of activities protected by the first amendment to the 
     Constitution.";
       (3) by striking subsection (c)(3); and
       (4) by amending subsection (d)(2)(A) to read as follows:
       "(A) shall specify--
       "(i) the identity, if known, of the person who is the 
     subject of the investigation;
       "(ii) the identity, if known, of the person to whom is 
     leased or in whose name is listed the telephone line or other 
     facility to which the pen register or trap and trace device 
     is to be attached or applied;
       "(iii) the attributes of the communications to which the 
     order applies, such as the number or other identifier, and, 
     if known, the location of the telephone line or other 
     facility to which the pen register or trap and trace device 
     is to be attached or applied and, in the case of a trap and 
     trace device, the geographic limits of the trap and trace 
     order.".
       (b) Authorization During Emergencies.--Section 403 of the 
     Foreign Intelligence Surveillance Act of 1978 (50 U.S.C. 
     1843) is amended--
       (1) in subsection (a), by striking "foreign intelligence 
     information or information concerning international 
     terrorism" and inserting "information to protect against 
     international terrorism or clandestine intelligence 
     activities, provided that such investigation of a United 
     States person is not conducted solely upon the basis of 
     activities protected by the first amendment to the 
     Constitution"; and

[[Page S10312]]

       (2) in subsection (b)(1), by striking "foreign 
     intelligence information or information concerning 
     international terrorism" and inserting "information to 
     protect against international terrorism or clandestine 
     intelligence activities, provided that such investigation of 
     a United States person is not conducted solely upon the basis 
     of activities protected by the first amendment to the 
     Constitution".

     SEC. 215. ACCESS TO RECORDS AND OTHER ITEMS UNDER THE FOREIGN 
                   INTELLIGENCE SURVEILLANCE ACT.

       Title V of the Foreign Intelligence Surveillance Act of 
     1978 (50 U.S.C. 1861 et seq.) is amended by striking sections 
     501 through 503 and inserting the following:

     "SEC. 501. ACCESS TO CERTAIN BUSINESS RECORDS FOR FOREIGN 
                   INTELLIGENCE AND INTERNATIONAL TERRORISM 
                   INVESTIGATIONS.

       "(a)(1) The Director of the Federal Bureau of 
     Investigation or a designee of the Director (whose rank shall 
     be no lower than Assistant Special Agent in Charge) may make 
     an application for an order requiring the production of any 
     tangible things (including books, records, papers, documents, 
     and other items) for an investigation to protect against 
     international terrorism or clandestine intelligence 
     activities, provided that such investigation of a United 
     States person is not conducted solely upon the basis of 
     activities protected by the first amendment to the 
     Constitution.
       "(2) An investigation conducted under this section shall--
       "(A) be conducted under guidelines approved by the 
     Attorney General under Executive Order 12333 (or a successor 
     order); and
       "(B) not be conducted of a United States person solely 
     upon the basis of activities protected by the first amendment 
     to the Constitution of the United States.
       "(b) Each application under this section--
       "(1) shall be made to--
       "(A) a judge of the court established by section 103(a); 
     or
       "(B) a United States Magistrate Judge under chapter 43 of 
     title 28, United States Code, who is publicly designated by 
     the Chief Justice of the United States to have the power to 
     hear applications and grant orders for the production of 
     tangible things under this section on behalf of a judge of 
     that court; and
       "(2) shall specify that the records concerned are sought 
     for an authorized investigation conducted in accordance with 
     subsection (a)(2) to protect against international terrorism 
     or clandestine intelligence activities.
       "(c)(1) Upon an application made pursuant to this section, 
     the judge shall enter an ex parte order as requested, or as 
     modified, approving the release of records if the judge finds 
     that the application meets the requirements of this section.
       "(2) An order under this subsection shall not disclose 
     that it is issued for purposes of an investigation described 
     in subsection (a).
       "(d) No person shall disclose to any other person (other 
     than those persons necessary to produce the tangible things 
     under this section) that the Federal Bureau of Investigation 
     has sought or obtained tangible things under this section.
       "(e) A person who, in good faith, produces tangible things 
     under an order pursuant to this section shall not be liable 
     to any other person for such production. Such production 
     shall not be deemed to constitute a waiver of any privilege 
     in any other proceeding or context.

     "SEC. 502. CONGRESSIONAL OVERSIGHT.

       "(a) On a semiannual basis, the Attorney General shall 
     fully inform the Permanent Select Committee on Intelligence 
     of the House of Representatives and the Select Committee on 
     Intelligence of the Senate concerning all requests for the 
     production of tangible things under section 402.
       "(b) On a semiannual basis, the Attorney General shall 
     provide to the Committees on the Judiciary of the House of 
     Representatives and the Senate a report setting forth with 
     respect to the preceding 6-month period--
       "(1) the total number of applications made for orders 
     approving requests for the production of tangible things 
     under section 402; and
       "(2) the total number of such orders either granted, 
     modified, or denied.".

     SEC. 216. MODIFICATION OF AUTHORITIES RELATING TO USE OF PEN 
                   REGISTERS AND TRAP AND TRACE DEVICES.

       (a) General Limitations.--Section 3121(c) of title 18, 
     United States Code, is amended--
       (1) by inserting "or trap and trace device" after "pen 
     register";
       (2) by inserting ", routing, addressing," after 
     "dialing"; and
       (3) by striking "call processing" and inserting "the 
     processing and transmitting of wire or electronic 
     communications so as not to include the contents of any wire 
     or electronic communications".
       (b) Issuance of Orders.--
       (1) In general.--Section 3123(a) of title 18, United States 
     Code, is amended to read as follows:
       "(a) In General.--
       "(1) Attorney for the government.--Upon an application 
     made under section 3122(a)(1), the court shall enter an ex 
     parte order authorizing the installation and use of a pen 
     register or trap and trace device anywhere within the United 
     States, if the court finds that the attorney for the 
     Government has certified to the court that the information 
     likely to be obtained by such installation and use is 
     relevant to an ongoing criminal investigation. The order, 
     upon service of that order, shall apply to any person or 
     entity providing wire or electronic communication service in 
     the United States whose assistance may facilitate the 
     execution of the order. Whenever such an order is served on 
     any person or entity not specifically named in the order, 
     upon request of such person or entity, the attorney for the 
     Government or law enforcement or investigative officer that 
     is serving the order shall provide written or electronic 
     certification that the order applies to the person or entity 
     being served.
       "(2) State investigative or law enforcement officer.--Upon 
     an application made under section 3122(a)(2), the court shall 
     enter an ex parte order authorizing the installation and use 
     of a pen register or trap and trace device within the 
     jurisdiction of the court, if the court finds that the State 
     law enforcement or investigative officer has certified to the 
     court that the information likely to be obtained by such 
     installation and use is relevant to an ongoing criminal 
     investigation.".
       (2) Contents of order.--Section 3123(b)(1) of title 18, 
     United States Code, is amended--
       (A) in subparagraph (A)--
       (i) by inserting "or other facility" after "telephone 
     line"; and
       (ii) by inserting before the semicolon at the end "or 
     applied"; and
       (B) by striking subparagraph (C) and inserting the 
     following:
       "(C) the attributes of the communications to which the 
     order applies, including the number or other identifier and, 
     if known, the location of the telephone line or other 
     facility to which the pen register or trap and trace device 
     is to be attached or applied, and, in the case of an order 
     authorizing installation and use of a trap and trace device 
     under subsection (a)(2), the geographic limits of the order; 
     and".
       (3) Nondisclosure requirements.--Section 3123(d)(2) of 
     title 18, United States Code, is amended--
       (A) by inserting "or other facility" after "the line"; 
     and
       (B) by striking ", or who has been ordered by the court" 
     and inserting "or applied, or who is obligated by the 
     order".
       (c) Definitions.--
       (1) Court of competent jurisdiction.--Section 3127(2) of 
     title 18, United States Code, is amended by striking 
     subparagraph (A) and inserting the following:
       "(A) any district court of the United States (including a 
     magistrate judge of such a court) or any United States court 
     of appeals having jurisdiction over the offense being 
     investigated; or".
       (2) Pen register.--Section 3127(3) of title 18, United 
     States Code, is amended--
       (A) by striking "electronic or other impulses" and all 
     that follows through "is attached" and inserting "dialing, 
     routing, addressing, or signaling information transmitted by 
     an instrument or facility from which a wire or electronic 
     communication is transmitted, provided, however, that such 
     information shall not include the contents of any 
     communication"; and
       (B) by inserting "or process" after "device" each place 
     it appears.
       (3) Trap and trace device.--Section 3127(4) of title 18, 
     United States Code, is amended--
       (A) by striking "of an instrument" and all that follows 
     through the semicolon and inserting "or other dialing, 
     routing, addressing, and signaling information reasonably 
     likely to identify the source of a wire or electronic 
     communication, provided, however, that such information shall 
     not include the contents of any communication;"; and
       (B) by inserting "or process" after "a device".
       (4) Conforming amendment.--Section 3127(1) of title 18, 
     United States Code, is amended--
       (A) by striking "and"; and
       (B) by inserting ", and `contents' " after "electronic 
     communication service".
       (5) Technical amendment.--Section 3124(d) of title 18, 
     United States Code, is amended by striking "the terms of".

     SEC. 217. INTERCEPTION OF COMPUTER TRESPASSER COMMUNICATIONS.

       Chapter 119 of title 18, United States Code, is amended--
       (1) in section 2510--
       (A) in paragraph (17), by striking "and" at the end;
       (B) in paragraph (18), by striking the period and inserting 
     a semicolon; and
       (C) by inserting after paragraph (18) the following:
       "(19) `protected computer' has the meaning set forth in 
     section 1030; and
       "(20) `computer trespasser'--
       "(A) means a person who accesses a protected computer 
     without authorization and thus has no reasonable expectation 
     of privacy in any communication transmitted to, through, or 
     from the protected computer; and
       "(B) does not include a person known by the owner or 
     operator of the protected computer to have an existing 
     contractual relationship with the owner or operator of the 
     protected computer for access to all or part of the protected 
     computer."; and
       (2) in section 2511(2), by inserting at the end the 
     following:
       "(i) It shall not be unlawful under this chapter for a 
     person acting under color of law to intercept the wire or 
     electronic communications of a computer trespasser, if--
       "(i) the owner or operator of the protected computer 
     authorizes the interception of the

[[Page S10313]]

     computer trespasser's communications on the protected 
     computer;
       "(ii) the person acting under color of law is lawfully 
     engaged in an investigation;
       "(iii) the person acting under color of law has reasonable 
     grounds to believe that the contents of the computer 
     trespasser's communications will be relevant to the 
     investigation; and
       "(iv) such interception does not acquire communications 
     other than those transmitted to or from the computer 
     trespasser.".

     SEC. 218. FOREIGN INTELLIGENCE INFORMATION.

       Sections 104(a)(7)(B) and section 303(a)(7)(B) (50 U.S.C. 
     1804(a)(7)(B) and 1823(a)(7)(B)) of the Foreign Intelligence 
     Surveillance Act of 1978 are each amended by striking "the 
     purpose" and inserting "a significant purpose".

     SEC. 219. SINGLE-JURISDICTION SEARCH WARRANTS FOR TERRORISM.

       Rule 41(a) of the Federal Rules of Criminal Procedure is 
     amended by inserting after "executed" the following: "and 
     (3) in an investigation of domestic terrorism or 
     international terrorism (as defined in section 2331 of title 
     18, United States Code), by a Federal magistrate judge in any 
     district in which activities related to the terrorism may 
     have occurred, for a search of property or for a person 
     within or outside the district".

     SEC. 220. NATIONWIDE SERVICE OF SEARCH WARRANTS FOR 
                   ELECTRONIC EVIDENCE.

       Chapter 121 of title 18, United States Code, is amended--
       (1) in section 2703, by striking "under the Federal Rules 
     of Criminal Procedure" every place it appears and inserting 
     "using the procedures described in the Federal Rules of 
     Criminal Procedure by a court with jurisdiction over the 
     offense under investigation"; and
       (2) in section 2711--
       (A) in paragraph (1), by striking "and";
       (B) in paragraph (2), by striking the period and inserting 
     "; and"; and
       (C) by inserting at the end the following:
       "(3) the term `court of competent jurisdiction' has the 
     meaning assigned by section 3127, and includes any Federal 
     court within that definition, without geographic 
     limitation.".

     SEC. 221. TRADE SANCTIONS.

       (a) In general.--The Trade Sanctions Reform and Export 
     Enhancement Act of 2000 (Public Law 106-387; 114 Stat. 1549A-
     67) is amended--
       (1) by amending section 904(2)(C) to read as follows:
       "(C) used to facilitate the design, development, or 
     production of chemical or biological weapons, missiles, or 
     weapons of mass destruction.";
       (2) in section 906(a)(1)--
       (A) by inserting ", the Taliban or the territory of 
     Afghanistan controlled by the Taliban," after "Cuba"; and
       (B) by inserting ", or in the territory of Afghanistan 
     controlled by the Taliban," after "within such country"; 
     and
       (3) in section 906(a)(2), by inserting ", or to any other 
     entity in Syria or North Korea" after "Korea".
       (b) Application of the Trade Sanctions Reform and Export 
     Enhancement Act.--Nothing in the Trade Sanctions Reform and 
     Export Enhancement Act of 2000 shall limit the application or 
     scope of any law establishing criminal or civil penalties, 
     including any executive order or regulation promulgated 
     pursuant to such laws (or similar or successor laws), for the 
     unlawful export of any agricultural commodity, medicine, or 
     medical device to--
       (1) a foreign organization, group, or person designated 
     pursuant to Executive Order 12947 of June 25, 1995;
       (2) a Foreign Terrorist Organization pursuant to the 
     Antiterrorism and Effective Death Penalty Act of 1996 (Public 
     Law 104-132);
       (3) a foreign organization, group, or person designated 
     pursuant to Executive Order 13224 (September 23, 2001);
       (4) any narcotics trafficking entity designated pursuant to 
     Executive Order 12978 (October 21, 1995) or the Foreign 
     Narcotics Kingpin Designation Act (Public Law 106-120); or
       (5) any foreign organization, group, or persons subject to 
     any restriction for its involvement in weapons of mass 
     destruction or missile proliferation.

     SEC. 222. ASSISTANCE TO LAW ENFORCEMENT AGENCIES.

       Nothing in this Act shall impose any additional technical 
     obligation or requirement on a provider of wire or electronic 
     communication service or other person to furnish facilities 
     or technical assistance. A provider of a wire or electronic 
     communication service, landlord, custodian, or other person 
     who furnishes facilities or technical assistance pursuant to 
     section 216 shall be reasonably compensated for such 
     reasonable expenditures incurred in providing such facilities 
     or assistance.

TITLE III--INTERNATIONAL MONEY LAUNDERING ABATEMENT AND ANTI-TERRORIST 
                         FINANCING ACT OF 2001.

     SEC. 301. SHORT TITLE.

       This title may be cited as the "International Money 
     Laundering Abatement and Anti-Terrorist Financing Act of 
     2001".

     SEC. 302. FINDINGS AND PURPOSES.

       (a) Findings.--The Congress finds that--
       (1) money laundering, estimated by the International 
     Monetary Fund to amount to between 2 and 5 percent of global 
     gross domestic product, which is at least $600,000,000,000 
     annually, provides the financial fuel that permits 
     transnational criminal enterprises to conduct and expand 
     their operations to the detriment of the safety and security 
     of American citizens;
       (2) money laundering, and the defects in financial 
     transparency on which money launderers rely, are critical to 
     the financing of global terrorism and the provision of funds 
     for terrorist attacks;
       (3) money launderers subvert legitimate financial 
     mechanisms and banking relationships by using them as 
     protective covering for the movement of criminal proceeds and 
     the financing of crime and terrorism, and, by so doing, can 
     threaten the safety of United States citizens and undermine 
     the integrity of United States financial institutions and of 
     the global financial and trading systems upon which 
     prosperity and growth depend;
       (4) certain jurisdictions outside of the United States that 
     offer "offshore" banking and related facilities designed to 
     provide anonymity, coupled with special tax advantages and 
     weak financial supervisory and enforcement regimes, provide 
     essential tools to disguise ownership and movement of 
     criminal funds, derived from, or used to commit, offenses 
     ranging from narcotics trafficking, terrorism, arms 
     smuggling, and trafficking in human beings, to financial 
     frauds that prey on law-abiding citizens;
       (5) transactions involving such offshore jurisdictions make 
     it difficult for law enforcement officials and regulators to 
     follow the trail of money earned by criminals, organized 
     international criminal enterprises, and global terrorist 
     organizations;
       (6) correspondent banking facilities are one of the banking 
     mechanisms susceptible in some circumstances to manipulation 
     by foreign banks to permit the laundering of funds by hiding 
     the identity of real parties in interest to financial 
     transactions;
       (7) private banking services can be susceptible to 
     manipulation by money launderers, for example corrupt foreign 
     government officials, particularly if those services include 
     the creation of offshore accounts and facilities for large 
     personal funds transfers to channel funds into accounts 
     around the globe;
       (8) United States anti-money laundering efforts are impeded 
     by outmoded and inadequate statutory provisions that make 
     investigations, prosecutions, and forfeitures more difficult, 
     particularly in cases in which money laundering involves 
     foreign persons, foreign banks, or foreign countries;
       (9) the ability to mount effective counter-measures to 
     international money launderers requires national, as well as 
     bilateral and multilateral action, using tools specially 
     designed for that effort; and
       (10) the Basle Committee on Banking Regulation and 
     Supervisory Practices and the Financial Action Task Force on 
     Money Laundering, of both of which the United States is a 
     member, have each adopted international anti-money laundering 
     principles and recommendations.
       (b) Purposes.--The purposes of this title are--
       (1) to increase the strength of United States measures to 
     prevent, detect, and prosecute international money laundering 
     and the financing of terrorism;
       (2) to ensure that--
       (A) banking transactions and financial relationships and 
     the conduct of such transactions and relationships, do not 
     contravene the purposes of subchapter II of chapter 53 of 
     title 31, United States Code, section 21 of the Federal 
     Deposit Insurance Act, or chapter 2 of title I of Public Law 
     91-508 (84 Stat. 1116), or facilitate the evasion of any such 
     provision; and
       (B) the purposes of such provisions of law continue to be 
     fulfilled, and that such provisions of law are effectively 
     and efficiently administered;
       (3) to strengthen the provisions put into place by the 
     Money Laundering Control Act of 1986 (18 U.S.C. 981 note), 
     especially with respect to crimes by non-United States 
     nationals and foreign financial institutions;
       (4) to provide a clear national mandate for subjecting to 
     special scrutiny those foreign jurisdictions, financial 
     institutions operating outside of the United States, and 
     classes of international transactions that pose particular, 
     identifiable opportunities for criminal abuse;
       (5) to provide the Secretary of the Treasury (in this title 
     referred to as the "Secretary") with broad discretion, 
     subject to the safeguards provided by the Administrative 
     Procedures Act under title 5, United States Code, to take 
     measures tailored to the particular money laundering problems 
     presented by specific foreign jurisdictions, financial 
     institutions operating outside of the United States, and 
     classes of international transactions;
       (6) to ensure that the employment of such measures by the 
     Secretary permits appropriate opportunity for comment by 
     affected financial institutions;
       (7) to provide guidance to domestic financial institutions 
     on particular foreign jurisdictions, financial institutions 
     operating outside of the United States, and classes of 
     international transactions that are of primary money 
     laundering concern to the United States Government;
       (8) to ensure that the forfeiture of any assets in 
     connection with the anti-terrorist efforts of the United 
     States permits for adequate challenge consistent with 
     providing due process rights;
       (9) to clarify the terms of the safe harbor from civil 
     liability for filing suspicious activity reports;

[[Page S10314]]

       (10) to strengthen the authority of the Secretary to issue 
     and administer geographic targeting orders, and to clarify 
     that violations of such orders or any other requirement 
     imposed under the authority contained in chapter 2 of title I 
     of Public Law 91-508 and subchapters II and III of chapter 53 
     of title 31, United States Code, may result in criminal and 
     civil penalties;
       (11) to ensure that all appropriate elements of the 
     financial services industry are subject to appropriate 
     requirements to report potential money laundering 
     transactions to proper authorities, and that jurisdictional 
     disputes do not hinder examination of compliance by financial 
     institutions with relevant reporting requirements;
       (12) to fix responsibility for high level coordination of 
     the anti-money laundering efforts of the Department of the 
     Treasury;
       (13) to strengthen the ability of financial institutions to 
     maintain the integrity of their employee population; and
       (14) to strengthen measures to prevent the use of the 
     United States financial system for personal gain by corrupt 
     foreign officials and to facilitate the repatriation of any 
     stolen assets to the citizens of countries to whom such 
     assets belong.

     SEC. 303. 4-YEAR CONGRESSIONAL REVIEW-EXPEDITED 
                   CONSIDERATION.

       (a) In General.--Effective on and after the first day of 
     fiscal year 2005, the provisions of this title and the 
     amendments made by this title shall terminate if the Congress 
     enacts a joint resolution, the text after the resolving 
     clause of which is as follows: "That provisions of the 
     International Money Laundering Abatement and Anti-Terrorist 
     Financing Act of 2001, and the amendments made thereby, shall 
     no longer have the force of law.".
       (b) Expedited Consideration.--Any joint resolution 
     submitted pursuant to this section shall be considered in the 
     Senate in accordance with the provisions of section 601(b) of 
     the International Security Assistance and Arms Control Act of 
     1976. For the purpose of expediting the consideration and 
     enactment of a joint resolution under this section, a motion 
     to proceed to the consideration of any such joint resolution 
     after it has been reported by the appropriate committee, 
     shall be treated as highly privileged in the House of 
     Representatives.

Subtitle A--International Counter Money Laundering and Related Measures

     SEC. 311. SPECIAL MEASURES FOR JURISDICTIONS, FINANCIAL 
                   INSTITUTIONS, OR INTERNATIONAL TRANSACTIONS OF 
                   PRIMARY MONEY LAUNDERING CONCERN.

       (a) In General.--Subchapter II of chapter 53 of title 31, 
     United States Code, is amended by inserting after section 
     5318 the following new section:

     "SEC. 5318A. SPECIAL MEASURES FOR JURISDICTIONS, FINANCIAL 
                   INSTITUTIONS, OR INTERNATIONAL TRANSACTIONS OF 
                   PRIMARY MONEY LAUNDERING CONCERN.

       "(a) International Counter-Money Laundering 
     Requirements.--
       "(1) In general.--The Secretary may require domestic 
     financial institutions and domestic financial agencies to 
     take 1 or more of the special measures described in 
     subsection (b) if the Secretary finds that reasonable grounds 
     exist for concluding that a jurisdiction outside of the 
     United States, 1 or more financial institutions operating 
     outside of the United States, 1 or more classes of 
     transactions within, or involving, a jurisdiction outside of 
     the United States, or 1 or more types of accounts is of 
     primary money laundering concern, in accordance with 
     subsection (c).
       "(2) Form of requirement.--The special measures described 
     in--
       "(A) subsection (b) may be imposed in such sequence or 
     combination as the Secretary shall determine;
       "(B) paragraphs (1) through (4) of subsection (b) may be 
     imposed by regulation, order, or otherwise as permitted by 
     law; and
       "(C) subsection (b)(5) may be imposed only by regulation.
       "(3) Duration of orders; rulemaking.--Any order by which a 
     special measure described in paragraphs (1) through (4) of 
     subsection (b) is imposed (other than an order described in 
     section 5326)--
       "(A) shall be issued together with a notice of proposed 
     rulemaking relating to the imposition of such special 
     measure; and
       "(B) may not remain in effect for more than 120 days, 
     except pursuant to a rule promulgated on or before the end of 
     the 120-day period beginning on the date of issuance of such 
     order.
       "(4) Process for selecting special measures.--In selecting 
     which special measure or measures to take under this 
     subsection, the Secretary--
       "(A) shall consult with the Chairman of the Board of 
     Governors of the Federal Reserve System, any other 
     appropriate Federal banking agency, as defined in section 3 
     of the Federal Deposit Insurance Act, the Securities and 
     Exchange Commission, the National Credit Union Administration 
     Board, and in the sole discretion of the Secretary such other 
     agencies and interested parties as the Secretary may find to 
     be appropriate; and
       "(B) shall consider--
       "(i) whether similar action has been or is being taken by 
     other nations or multilateral groups;
       "(ii) whether the imposition of any particular special 
     measure would create a significant competitive disadvantage, 
     including any undue cost or burden associated with 
     compliance, for financial institutions organized or licensed 
     in the United States; and
       "(iii) the extent to which the action or the timing of the 
     action would have a significant adverse systemic impact on 
     the international payment, clearance, and settlement system, 
     or on legitimate business activities involving the particular 
     jurisdiction, institution, or class of transactions.
       "(5) No limitation on other authority.--This section shall 
     not be construed as superseding or otherwise restricting any 
     other authority granted to the Secretary, or to any other 
     agency, by this subchapter or otherwise.
       "(b) Special Measures.--The special measures referred to 
     in subsection (a), with respect to a jurisdiction outside of 
     the United States, financial institution operating outside of 
     the United States, class of transaction within, or involving, 
     a jurisdiction outside of the United States, or 1 or more 
     types of accounts are as follows:
       "(1) Recordkeeping and reporting of certain financial 
     transactions.--
       "(A) In general.--The Secretary may require any domestic 
     financial institution or domestic financial agency to 
     maintain records, file reports, or both, concerning the 
     aggregate amount of transactions, or concerning each 
     transaction, with respect to a jurisdiction outside of the 
     United States, 1 or more financial institutions operating 
     outside of the United States, 1 or more classes of 
     transactions within, or involving, a jurisdiction outside of 
     the United States, or 1 or more types of accounts if the 
     Secretary finds any such jurisdiction, institution, or class 
     of transactions to be of primary money laundering concern.
       "(B) Form of records and reports.--Such records and 
     reports shall be made and retained at such time, in such 
     manner, and for such period of time, as the Secretary shall 
     determine, and shall include such information as the 
     Secretary may determine, including--
       "(i) the identity and address of the participants in a 
     transaction or relationship, including the identity of the 
     originator of any funds transfer;
       "(ii) the legal capacity in which a participant in any 
     transaction is acting;
       "(iii) the identity of the beneficial owner of the funds 
     involved in any transaction, in accordance with such 
     procedures as the Secretary determines to be reasonable and 
     practicable to obtain and retain the information; and
       "(iv) a description of any transaction.
       "(2) Information relating to beneficial ownership.--In 
     addition to any other requirement under any other provision 
     of law, the Secretary may require any domestic financial 
     institution or domestic financial agency to take such steps 
     as the Secretary may determine to be reasonable and 
     practicable to obtain and retain information concerning the 
     beneficial ownership of any account opened or maintained in 
     the United States by a foreign person (other than a foreign 
     entity whose shares are subject to public reporting 
     requirements or are listed and traded on a regulated exchange 
     or trading market), or a representative of such a foreign 
     person, that involves a jurisdiction outside of the United 
     States, 1 or more financial institutions operating outside of 
     the United States, 1 or more classes of transactions within, 
     or involving, a jurisdiction outside of the United States, or 
     1 or more types of accounts if the Secretary finds any such 
     jurisdiction, institution, or transaction to be of primary 
     money laundering concern.
       "(3) Information relating to certain payable-through 
     accounts.--If the Secretary finds a jurisdiction outside of 
     the United States, 1 or more financial institutions operating 
     outside of the United States, or 1 or more classes of 
     transactions within, or involving, a jurisdiction outside of 
     the United States to be of primary money laundering concern, 
     the Secretary may require any domestic financial institution 
     or domestic financial agency that opens or maintains a 
     payable-through account in the United States for a foreign 
     financial institution involving any such jurisdiction or any 
     such financial institution operating outside of the United 
     States, or a payable through account through which any such 
     transaction may be conducted, as a condition of opening or 
     maintaining such account--
       "(A) to identify each customer (and representative of such 
     customer) of such financial institution who is permitted to 
     use, or whose transactions are routed through, such payable-
     through account; and
       "(B) to obtain, with respect to each such customer (and 
     each such representative), information that is substantially 
     comparable to that which the depository institution obtains 
     in the ordinary course of business with respect to its 
     customers residing in the United States.
       "(4) Information relating to certain correspondent 
     accounts.--If the Secretary finds a jurisdiction outside of 
     the United States, 1 or more financial institutions operating 
     outside of the United States, or 1 or more classes of 
     transactions within, or involving, a jurisdiction outside of 
     the United States to be of primary money laundering concern, 
     the Secretary may require any domestic financial institution 
     or domestic financial agency that opens or maintains a 
     correspondent account in the United States for a foreign 
     financial institution involving any such jurisdiction or any 
     such financial institution operating outside of the United 
     States, or a correspondent account through

[[Page S10315]]

     which any such transaction may be conducted, as a condition 
     of opening or maintaining such account--
       "(A) to identify each customer (and representative of such 
     customer) of any such financial institution who is permitted 
     to use, or whose transactions are routed through, such 
     correspondent account; and
       "(B) to obtain, with respect to each such customer (and 
     each such representative), information that is substantially 
     comparable to that which the depository institution obtains 
     in the ordinary course of business with respect to its 
     customers residing in the United States.
       "(5) Prohibitions or conditions on opening or maintaining 
     certain correspondent or payable-through accounts.--If the 
     Secretary finds a jurisdiction outside of the United States, 
     1 or more financial institutions operating outside of the 
     United States, or 1 or more classes of transactions within, 
     or involving, a jurisdiction outside of the United States to 
     be of primary money laundering concern, the Secretary, in 
     consultation with the Secretary of State, the Attorney 
     General, and the Chairman of the Board of Governors of the 
     Federal Reserve System, may prohibit, or impose conditions 
     upon, the opening or maintaining in the United States of a 
     correspondent account or payable- through account by any 
     domestic financial institution or domestic financial agency 
     for or on behalf of a foreign banking institution, if such 
     correspondent account or payable-through account involves any 
     such jurisdiction or institution, or if any such transaction 
     may be conducted through such correspondent account or 
     payable-through account.
       "(c) Consultations and Information To Be Considered in 
     Finding Jurisdictions, Institutions, Types of Accounts, or 
     Transactions To Be of Primary Money Laundering Concern.--
       "(1) In general.--In making a finding that reasonable 
     grounds exist for concluding that a jurisdiction outside of 
     the United States, 1 or more financial institutions operating 
     outside of the United States, 1 or more classes of 
     transactions within, or involving, a jurisdiction outside of 
     the United States, or 1 or more types of accounts is of 
     primary money laundering concern so as to authorize the 
     Secretary to take 1 or more of the special measures described 
     in subsection (b), the Secretary shall consult with the 
     Secretary of State, and the Attorney General.
       "(2) Additional considerations.--In making a finding 
     described in paragraph (1), the Secretary shall consider in 
     addition such information as the Secretary determines to be 
     relevant, including the following potentially relevant 
     factors:
       "(A) Jurisdictional factors.--In the case of a particular 
     jurisdiction--
       "(i) evidence that organized criminal groups, 
     international terrorists, or both, have transacted business 
     in that jurisdiction;
       (ii) the extent to which that jurisdiction or financial 
     institutions operating in that jurisdiction offer bank 
     secrecy or special tax or regulatory advantages to 
     nonresidents or nondomiciliaries of that jurisdiction;
       "(iii) the substance and quality of administration of the 
     bank supervisory and counter-money laundering laws of that 
     jurisdiction;
       "(iv) the relationship between the volume of financial 
     transactions occurring in that jurisdiction and the size of 
     the economy of the jurisdiction;
       "(v) the extent to which that jurisdiction is 
     characterized as a tax haven or offshore banking or secrecy 
     haven by credible international organizations or multilateral 
     expert groups;
       "(vi) whether the United States has a mutual legal 
     assistance treaty with that jurisdiction, and the experience 
     of United States law enforcement officials, regulatory 
     officials, and tax administrators in obtaining information 
     about transactions originating in or routed through or to 
     such jurisdiction; and
       "(vii) the extent to which that jurisdiction is 
     characterized by high levels of official or institutional 
     corruption.
       "(B) Institutional factors.--In the case of a decision to 
     apply 1 or more of the special measures described in 
     subsection (b) only to a financial institution or 
     institutions, or to a transaction or class of transactions, 
     or to a type of account, or to all 3, within or involving a 
     particular jurisdiction--
       "(i) the extent to which such financial institutions, 
     transactions, or types of accounts are used to facilitate or 
     promote money laundering in or through the jurisdiction;
       "(ii) the extent to which such institutions, transactions, 
     or types of accounts are used for legitimate business 
     purposes in the jurisdiction; and
       "(iii) the extent to which such action is sufficient to 
     ensure, with respect to transactions involving the 
     jurisdiction and institutions operating in the jurisdiction, 
     that the purposes of this subchapter continue to be 
     fulfilled, and to guard against international money 
     laundering and other financial crimes.
       "(d) Notification of Special Measures Invoked by the 
     Secretary.--Not later than 10 days after the date of any 
     action taken by the Secretary under subsection (a)(1), the 
     Secretary shall notify, in writing, the Committee on 
     Financial Services of the House of Representatives and the 
     Committee on Banking, Housing, and Urban Affairs of the 
     Senate of any such action.
       "(e) Study and Report on Foreign Nationals.--
       "(1) Study.--The Secretary, in consultation with the 
     appropriate Federal agencies, including the Federal banking 
     agencies (as defined in section 3 of the Federal Deposit 
     Insurance Act), shall conduct a study to--
       "(A) determine the most timely and effective way to 
     require foreign nationals to provide domestic financial 
     institutions and agencies with appropriate and accurate 
     information, comparable to that which is required of United 
     States nationals, concerning their identity, address, and 
     other related information necessary to enable such 
     institutions and agencies to comply with the reporting, 
     information gathering, and other requirements of this 
     section; and
       "(B) consider the need for requiring foreign nationals to 
     apply for and obtain an identification number, similar to 
     what is required for United States citizens through a social 
     security number or tax identification number, prior to 
     opening an account with a domestic financial institution.
       "(2) Report.--The Secretary shall report to Congress not 
     later than 180 days after the date of enactment of this 
     section with recommendations for implementing such action 
     referred to in paragraph (1) in a timely and effective 
     manner.
       "(f) Definitions.--Notwithstanding any other provision of 
     this subchapter, for purposes of this section, the following 
     definitions shall apply:
       "(1) Bank definitions.--The following definitions shall 
     apply with respect to a bank:
       "(A) Account.--The term `account'--
       "(i) means a formal banking or business relationship 
     established to provide regular services, dealings, and other 
     financial transactions; and
       "(ii) includes a demand deposit, savings deposit, or other 
     transaction or asset account and a credit account or other 
     extension of credit.
       "(B) Correspondent account.--The term `correspondent 
     account' means an account established to receive deposits 
     from, make payments on behalf of a foreign financial 
     institution, or handle other financial transactions related 
     to such institution.
       "(C) Payable-through account.--The term `payable-through 
     account' means an account, including a transaction account 
     (as defined in section 19(b)(1)(C) of the Federal Reserve 
     Act), opened at a depository institution by a foreign 
     financial institution by means of which the foreign financial 
     institution permits its customers to engage, either directly 
     or through a subaccount, in banking activities usual in 
     connection with the business of banking in the United States.
       "(2) Definitions applicable to institutions other than 
     banks.--With respect to any financial institution other than 
     a bank, the Secretary shall, after consultation with the 
     Securities and Exchange Commission, define by regulation the 
     term `account', and shall include within the meaning of that 
     term, to the extent, if any, that the Secretary deems 
     appropriate, arrangements similar to payable-through and 
     correspondent accounts.
       "(3) Regulatory definition.--The Secretary shall 
     promulgate regulations defining beneficial ownership of an 
     account for purposes of this section. Such regulations shall 
     address issues related to an individual's authority to fund, 
     direct, or manage the account (including, without limitation, 
     the power to direct payments into or out of the account), and 
     an individual's material interest in the income or corpus of 
     the account, and shall ensure that the identification of 
     individuals under this section does not extend to any 
     individual whose beneficial interest in the income or corpus 
     of the account is immaterial.".
       "(4) Other terms.--The Secretary may, by regulation, 
     further define the terms in paragraphs (1) and (2) and define 
     other terms for the purposes of this section, as the 
     Secretary deems appropriate.".
       (b) Clerical Amendment.--The table of sections for 
     subchapter II of chapter 53 of title 31, United States Code, 
     is amended by inserting after the item relating to section 
     5318 the following new item:

"5318A. Special measures for jurisdictions, financial institutions, or 
              international transactions of primary money laundering 
              concern.".

     SEC. 312. SPECIAL DUE DILIGENCE FOR CORRESPONDENT ACCOUNTS 
                   AND PRIVATE BANKING ACCOUNTS.

       (a) In General.--Section 5318 of title 31, United States 
     Code, is amended by adding at the end the following:
       "(i) Due Diligence for United States Private Banking and 
     Correspondent Bank Accounts Involving Foreign Persons.--
       "(1) In general.--Each financial institution that 
     establishes, maintains, administers, or manages a private 
     banking account or a correspondent account in the United 
     States for a non-United States person, including a foreign 
     individual visiting the United States, or a representative of 
     a non-United States person shall establish appropriate, 
     specific, and, where necessary, enhanced, due diligence 
     policies, procedures, and controls to detect and report 
     instances of money laundering through those accounts.
       "(2) Minimum standards for correspondent accounts.--
       "(A) In general.--Subparagraph (B) shall apply if a 
     correspondent account is requested or maintained by, or on 
     behalf of, a foreign bank operating--

[[Page S10316]]

       "(i) under an offshore banking license; or
       "(ii) under a banking license issued by a foreign country 
     that has been designated--

       "(I) as noncooperative with international anti-money 
     laundering principles or procedures by an intergovernmental 
     group or organization of which the United States is a member; 
     or
       "(II) by the Secretary as warranting special measures due 
     to money laundering concerns.

       "(B) Policies, procedures, and controls.--The enhanced due 
     diligence policies, procedures, and controls required under 
     paragraph (1) shall, at a minimum, ensure that the financial 
     institution in the United States takes reasonable steps--
       "(i) to ascertain for any such foreign bank, the shares of 
     which are not publicly traded, the identity of each of the 
     owners of the foreign bank, and the nature and extent of the 
     ownership interest of each such owner;
       "(ii) to conduct enhanced scrutiny of such account to 
     guard against money laundering and report any suspicious 
     transactions under section 5318(g); and
       "(iii) to ascertain whether such foreign bank provides 
     correspondent accounts to other foreign banks and, if so, the 
     identity of those foreign banks and related due diligence 
     information, as appropriate under paragraph (1).
       "(3) Minimum standards for private banking accounts.--If a 
     private banking account is requested or maintained by, or on 
     behalf of, a non-United States person, then the due diligence 
     policies, procedures, and controls required under paragraph 
     (1) shall, at a minimum, ensure that the financial 
     institution takes reasonable steps--
       "(A) to ascertain the identity of the nominal and 
     beneficial owners of, and the source of funds deposited into, 
     such account as needed to guard against money laundering and 
     report any suspicious transactions under section 5318(g); and
       "(B) to conduct enhanced scrutiny of any such account that 
     is requested or maintained by, or on behalf of, a senior 
     foreign political figure, or any immediate family member or 
     close associate of a senior foreign political figure, to 
     prevent, detect, and report transactions that may involve the 
     proceeds of foreign corruption.
       "(4) Definitions and regulatory authority.--
       "(A) Offshore banking license.--For purposes of this 
     subsection, the term `offshore banking license' means a 
     license to conduct banking activities which, as a condition 
     of the license, prohibits the licensed entity from conducting 
     banking activities with the citizens of, or with the local 
     currency of, the country which issued the license.
       "(B) Regulatory authority.--The Secretary, in consultation 
     with the appropriate functional regulators of the affected 
     financial institutions, may further delineate, by regulation 
     the due diligence policies, procedures, and controls required 
     under paragraph (1).".
       (b) Effective Date.--The amendments made by this section 
     shall take effect beginning 180 days after the date of 
     enactment of this Act with respect to accounts covered by 
     section 5318(i) of title 31, United States Code, as added by 
     this section, that are opened before, on, or after the date 
     of enactment of this Act.

     SEC. 313. PROHIBITION ON UNITED STATES CORRESPONDENT ACCOUNTS 
                   WITH FOREIGN SHELL BANKS.

       (a) In General.--Section 5318 of title 31, United States 
     Code, is amended by inserting after section 5318(i), as added 
     by section 312 of this title, the following:
       "(j) Prohibition on United States Correspondent Accounts 
     With Foreign Shell Banks.--
       "(1) In general.--A financial institution described in 
     subparagraphs (A) through (F) of section 5312(a)(2) (in this 
     subsection referred to as a `covered financial institution') 
     shall not establish, maintain, administer, or manage a 
     correspondent account in the United States for, or on behalf 
     of, a foreign bank that does not have a physical presence in 
     any country.
       "(2) Prevention of indirect service to foreign shell 
     banks.--A covered financial institution shall take reasonable 
     steps to ensure that any correspondent account established, 
     maintained, administered, or managed by that covered 
     financial institution in the United States for a foreign bank 
     is not being used by that foreign bank to indirectly provide 
     banking services to another foreign bank that does not have a 
     physical presence in any country. The Secretary shall, by 
     regulation, delineate the reasonable steps necessary to 
     comply with this paragraph.
       "(3) Exception.--Paragraphs (1) and (2) do not prohibit a 
     covered financial institution from providing a correspondent 
     account to a foreign bank, if the foreign bank--
       "(A) is an affiliate of a depository institution, credit 
     union, or foreign bank that maintains a physical presence in 
     the United States or a foreign country, as applicable; and
       "(B) is subject to supervision by a banking authority in 
     the country regulating the affiliated depository institution, 
     credit union, or foreign bank described in subparagraph (A), 
     as applicable.
       "(4) Definitions.--For purposes of this subsection--
       "(A) the term `affiliate' means a foreign bank that is 
     controlled by or is under common control with a depository 
     institution, credit union, or foreign bank; and
       "(B) the term `physical presence' means a place of 
     business that--
       "(i) is maintained by a foreign bank;
       "(ii) is located at a fixed address (other than solely an 
     electronic address) in a country in which the foreign bank is 
     authorized to conduct banking activities, at which location 
     the foreign bank--

       "(I) employs 1 or more individuals on a full-time basis; 
     and
       "(II) maintains operating records related to its banking 
     activities; and

       "(iii) is subject to inspection by the banking authority 
     which licensed the foreign bank to conduct banking 
     activities.".

     SEC. 314. COOPERATIVE EFFORTS TO DETER MONEY LAUNDERING.

       (a) Cooperation Among Financial Institutions, Regulatory 
     Authorities, and Law Enforcement Authorities.--
       (1) Regulations.--The Secretary shall, within 120 days 
     after the date of enactment of this Act, adopt regulations to 
     encourage further cooperation among financial institutions, 
     their regulatory authorities, and law enforcement 
     authorities, with the specific purpose of encouraging 
     regulatory authorities and law enforcement authorities to 
     share with financial institutions information regarding 
     individuals, entities, and organizations engaged in or 
     reasonably suspected based on credible evidence of engaging 
     in terrorist acts or money laundering activities.
       (2) Contents.--The regulations promulgated pursuant to 
     paragraph (1) may--
       (A) require that each financial institution designate 1 or 
     more persons to receive information concerning, and to 
     monitor accounts of individuals, entities, and organizations 
     identified, pursuant to paragraph (1); and
       (B) further establish procedures for the protection of the 
     shared information, consistent with the capacity, size, and 
     nature of the institution to which the particular procedures 
     apply.
       (3) Rule of construction.--The receipt of information by a 
     financial institution pursuant to this section shall not 
     relieve or otherwise modify the obligations of the financial 
     institution with respect to any other person or account.
       (4) Use of information.--Information received by a 
     financial institution pursuant to this section shall not be 
     used for any purpose other than identifying and reporting on 
     activities that may involve terrorist acts or money 
     laundering activities.
       (b) Cooperation Among Financial Institutions.--Upon notice 
     provided to the Secretary, 2 or more financial institutions 
     and any association of financial institutions may share 
     information with one another regarding individuals, entities, 
     organizations, and countries suspected of possible terrorist 
     or money laundering activities. A financial institution or 
     association that transmits, receives, or shares such 
     information for the purposes of identifying and reporting 
     activities that may involve terrorist acts or money 
     laundering activities shall not be liable to any person under 
     any law or regulation of the United States, any constitution, 
     law, or regulation of any State or political subdivision 
     thereof, or under any contract or other legally enforceable 
     agreement (including any arbitration agreement), for such 
     disclosure or for any failure to provide notice of such 
     disclosure to the person who is the subject of such 
     disclosure, or any other person identified in the disclosure, 
     except where such transmission, receipt, or sharing violates 
     this section or regulations promulgated pursuant to this 
     section.
       (c) Rule of Construction.--Compliance with the provisions 
     of this title requiring or allowing financial institutions 
     and any association of financial institutions to disclose or 
     share information regarding individuals, entities, and 
     organizations engaged in or suspected of engaging in 
     terrorist acts or money laundering activities shall not 
     constitute a violation of the provisions of title V of the 
     Gramm-Leach-Bliley Act (Public Law 106-102).

     SEC. 315. INCLUSION OF FOREIGN CORRUPTION OFFENSES AS MONEY 
                   LAUNDERING CRIMES.

       Section 1956(c)(7)(B) of title 18, United States Code, is 
     amended--
       (1) in clause (ii), by striking "or destruction of 
     property by means of explosive or fire" and inserting 
     "destruction of property by means of explosive or fire, or a 
     crime of violence (as defined in section 16)";
       (2) in clause (iii), by striking "1978" and inserting 
     "1978)"; and
       (3) by adding at the end the following:
       "(iv) bribery of a public official, or the 
     misappropriation, theft, or embezzlement of public funds by 
     or for the benefit of a public official;
       "(v) smuggling or export control violations involving--

       "(I) an item controlled on the United States Munitions 
     List established under section 38 of the Arms Export Control 
     Act (22 U.S.C. 2778); or
       "(II) an item controlled under regulations under the 
     Export Administration Act of 1977 (15 C.F.R. Parts 730-774);

       "(vi) an offense with respect to which the United States 
     would be obligated by a multilateral treaty, either to 
     extradite the alleged offender or to submit the case for 
     prosecution, if the offender were found within the territory 
     of the United States; or
       "(vii) the misuse of funds of, or provided by, the 
     International Monetary Fund in contravention of the Articles 
     of Agreement of the Fund or the misuse of funds of, or 
     provided by, any other international financial

[[Page S10317]]

     institution (as defined in section 1701(c)(2) of the 
     International Financial Institutions Act (22 U.S.C. 
     262r(c)(2)) in contravention of any treaty or other 
     international agreement to which the United States is a 
     party, including any articles of agreement of the members of 
     the international financial institution;".

     SEC. 316. ANTI-TERRORIST FORFEITURE PROTECTION.

       (a) Right To Contest.--An owner of property that is 
     confiscated under any provision of law relating to the 
     confiscation of assets of suspected international terrorists, 
     may contest that confiscation by filing a claim in the manner 
     set forth in the Federal Rules of Civil Procedure 
     (Supplemental Rules for Certain Admiralty and Maritime 
     Claims), and asserting as an affirmative defense that--
       (1) the property is not subject to confiscation under such 
     provision of law; or
       (2) the innocent owner provisions of section 983(d) of 
     title 18, United States Code, apply to the case.
       (b) Evidence.--In considering a claim filed under this 
     section, the Government may rely on evidence that is 
     otherwise inadmissible under the Federal Rules of Evidence, 
     if a court determines that such reliance is necessary to 
     protect the national security interests of the United States.
       (c) Other Remedies.--Nothing in this section shall limit or 
     otherwise affect any other remedies that may be available to 
     an owner of property under section 983 of title 18, United 
     States Code, or any other provision of law.

     SEC. 317. LONG-ARM JURISDICTION OVER FOREIGN MONEY 
                   LAUNDERERS.

       Section 1956(b) of title 18, United States Code, is 
     amended--
       (1) by redesignating paragraphs (1) and (2) as 
     subparagraphs (A) and (B), respectively, and moving the 
     margins 2 ems to the right;
       (2) by inserting after "(b)" the following: 
     "Penalties.--
       "(1) In general.--";
       (3) by inserting ", or section 1957" after "or (a)(3)"; 
     and
       (4) by adding at the end the following:
       "(2) Jurisdiction over foreign persons.--For purposes of 
     adjudicating an action filed or enforcing a penalty ordered 
     under this section, the district courts shall have 
     jurisdiction over any foreign person, including any financial 
     institution authorized under the laws of a foreign country, 
     against whom the action is brought, if service of process 
     upon the foreign person is made under the Federal Rules of 
     Civil Procedure or the laws of the country in which the 
     foreign person is found, and--
       "(A) the foreign person commits an offense under 
     subsection (a) involving a financial transaction that occurs 
     in whole or in part in the United States;
       "(B) the foreign person converts, to his or her own use, 
     property in which the United States has an ownership interest 
     by virtue of the entry of an order of forfeiture by a court 
     of the United States; or
       "(C) the foreign person is a financial institution that 
     maintains a bank account at a financial institution in the 
     United States.
       "(3) Court authority over assets.--A court described in 
     paragraph (2) may issue a pretrial restraining order or take 
     any other action necessary to ensure that any bank account or 
     other property held by the defendant in the United States is 
     available to satisfy a judgment under this section.
       "(4) Federal receiver.--
       "(A) In general.--A court described in paragraph (2) may 
     appoint a Federal Receiver, in accordance with subparagraph 
     (B) of this paragraph, to collect, marshal, and take custody, 
     control, and possession of all assets of the defendant, 
     wherever located, to satisfy a judgment under this section or 
     section 981, 982, or 1957, including an order of restitution 
     to any victim of a specified unlawful activity.
       "(B) Appointment and authority.--A Federal Receiver 
     described in subparagraph (A)--
       "(i) may be appointed upon application of a Federal 
     prosecutor or a Federal or State regulator, by the court 
     having jurisdiction over the defendant in the case;
       "(ii) shall be an officer of the court, and the powers of 
     the Federal Receiver shall include the powers set out in 
     section 754 of title 28, United States Code; and
       "(iii) shall have standing equivalent to that of a Federal 
     prosecutor for the purpose of submitting requests to obtain 
     information regarding the assets of the defendant--

       "(I) from the Financial Crimes Enforcement Network of the 
     Department of the Treasury; or
       "(II) from a foreign country pursuant to a mutual legal 
     assistance treaty, multilateral agreement, or other 
     arrangement for international law enforcement assistance, 
     provided that such requests are in accordance with the 
     policies and procedures of the Attorney General.".

     SEC. 318. LAUNDERING MONEY THROUGH A FOREIGN BANK.

       Section 1956(c) of title 18, United States Code, is amended 
     by striking paragraph (6) and inserting the following:
       "(6) the term `financial institution' includes--
       "(A) any financial institution, as defined in section 
     5312(a)(2) of title 31, United States Code, or the 
     regulations promulgated thereunder; and
       "(B) any foreign bank, as defined in section 1 of the 
     International Banking Act of 1978 (12 U.S.C. 3101).".

     SEC. 319. FORFEITURE OF FUNDS IN UNITED STATES INTERBANK 
                   ACCOUNTS.

       (a) Forfeiture From United States Interbank Account.--
     Section 981 of title 18, United States Code, is amended by 
     adding at the end the following:
       "(k) Interbank Accounts.--
       "(1) In general.--
       "(A) In general.--For the purpose of a forfeiture under 
     this section or under the Controlled Substances Act (21 
     U.S.C. 801 et seq.), if funds are deposited into an account 
     at a foreign bank, and that foreign bank has an interbank 
     account in the United States with a covered financial 
     institution (as defined in section 5318A of title 31), the 
     funds shall be deemed to have been deposited into the 
     interbank account in the United States, and any restraining 
     order, seizure warrant, or arrest warrant in rem regarding 
     the funds may be served on the covered financial institution, 
     and funds in the interbank account, up to the value of the 
     funds deposited into the account at the foreign bank, may be 
     restrained, seized, or arrested.
       "(B) Authority to suspend.--The Attorney General, in 
     consultation with the Secretary, may suspend or terminate a 
     forfeiture under this section if the Attorney General 
     determines that a conflict of law exists between the laws of 
     the jurisdiction in which the foreign bank is located and the 
     laws of the United States with respect to liabilities arising 
     from the restraint, seizure, or arrest of such funds, and 
     that such suspension or termination would be in the interest 
     of justice and would not harm the national interests of the 
     United States.
       "(2) No requirement for government to trace funds.--If a 
     forfeiture action is brought against funds that are 
     restrained, seized, or arrested under paragraph (1), it shall 
     not be necessary for the Government to establish that the 
     funds are directly traceable to the funds that were deposited 
     into the foreign bank, nor shall it be necessary for the 
     Government to rely on the application of section 984.
       "(3) Claims brought by owner of the funds.--If a 
     forfeiture action is instituted against funds restrained, 
     seized, or arrested under paragraph (1), the owner of the 
     funds deposited into the account at the foreign bank may 
     contest the forfeiture by filing a claim under section 983.
       "(4) Definitions.--For purposes of this subsection, the 
     following definitions shall apply:
       "(A) Interbank account.--The term `interbank account' has 
     the same meaning as in section 984(c)(2)(B).
       "(B) Owner.--
       "(i) In general.--Except as provided in clause (ii), the 
     term `owner'--

       "(I) means the person who was the owner, as that term is 
     defined in section 983(d)(6), of the funds that were 
     deposited into the foreign bank at the time such funds were 
     deposited; and
       "(II) does not include either the foreign bank or any 
     financial institution acting as an intermediary in the 
     transfer of the funds into the interbank account.

       "(ii) Exception.--The foreign bank may be considered the 
     `owner' of the funds (and no other person shall qualify as 
     the owner of such funds) only if--

       "(I) the basis for the forfeiture action is wrongdoing 
     committed by the foreign bank; or
       "(II) the foreign bank establishes, by a preponderance of 
     the evidence, that prior to the restraint, seizure, or arrest 
     of the funds, the foreign bank had discharged all or part of 
     its obligation to the prior owner of the funds, in which case 
     the foreign bank shall be deemed the owner of the funds to 
     the extent of such discharged obligation.".

       (b) Bank Records.--Section 5318 of title 31, United States 
     Code, is amended by adding at the end the following:
       "(k) Bank Records Related to Anti-Money Laundering 
     Programs.--
       "(1) Definitions.--For purposes of this subsection, the 
     following definitions shall apply:
       "(A) Appropriate federal banking agency.--The term 
     `appropriate Federal banking agency' has the same meaning as 
     in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 
     1813).
       "(B) Incorporated terms.--The terms `correspondent 
     account', `covered financial institution', and `foreign bank' 
     have the same meanings as in section 5318A.
       "(2) 120-hour rule.--Not later than 120 hours after 
     receiving a request by an appropriate Federal banking agency 
     for information related to anti-money laundering compliance 
     by a covered financial institution or a customer of such 
     institution, a covered financial institution shall provide to 
     the appropriate Federal banking agency, or make available at 
     a location specified by the representative of the appropriate 
     Federal banking agency, information and account documentation 
     for any account opened, maintained, administered or managed 
     in the United States by the covered financial institution.
       "(3) Foreign bank records.--
       "(A) Summons or subpoena of records.--
       "(i) In general.--The Secretary or the Attorney General 
     may issue a summons or subpoena to any foreign bank that 
     maintains a correspondent account in the United States and 
     request records related to such correspondent account, 
     including records maintained outside of the United States 
     relating to the deposit of funds into the foreign bank.
       "(ii) Service of summons or subpoena.--A summons or 
     subpoena referred to in clause (i) may be served on the 
     foreign bank in the

[[Page S10318]]

     United States if the foreign bank has a representative in the 
     United States, or in a foreign country pursuant to any mutual 
     legal assistance treaty, multilateral agreement, or other 
     request for international law enforcement assistance.
       "(B) Acceptance of service.--
       "(i) Maintaining records in the united states.--Any 
     covered financial institution which maintains a correspondent 
     account in the United States for a foreign bank shall 
     maintain records in the United States identifying the owners 
     of such foreign bank and the name and address of a person who 
     resides in the United States and is authorized to accept 
     service of legal process for records regarding the 
     correspondent account.
       "(ii) Law enforcement request.--Upon receipt of a written 
     request from a Federal law enforcement officer for 
     information required to be maintained under this paragraph, 
     the covered financial institution shall provide the 
     information to the requesting officer not later than 7 days 
     after receipt of the request.
       "(C) Termination of correspondent relationship.--
       "(i) Termination upon receipt of notice.--A covered 
     financial institution shall terminate any correspondent 
     relationship with a foreign bank not later than 10 business 
     days after receipt of written notice from the Secretary or 
     the Attorney General that the foreign bank has failed--

       "(I) to comply with a summons or subpoena issued under 
     subparagraph (A); or
       "(II) to initiate proceedings in a United States court 
     contesting such summons or subpoena.

       "(ii) Limitation on liability.--A covered financial 
     institution shall not be liable to any person in any court or 
     arbitration proceeding for terminating a correspondent 
     relationship in accordance with this subsection.
       "(iii) Failure to terminate relationship.--Failure to 
     terminate a correspondent relationship in accordance with 
     this subsection shall render the covered financial 
     institution liable for a civil penalty of up to $10,000 per 
     day until the correspondent relationship is so terminated.".
       (c) Grace Period.--Financial institutions affected by 
     section 5333 of title 31 United States Code, as amended by 
     this title, shall have 60 days from the date of enactment of 
     this Act to comply with the provisions of that section.
       (d) Requests for Records.--Section 3486(a)(1) of title 18, 
     United States Code, is amended by striking ", or (II) a 
     Federal offense involving the sexual exploitation or abuse of 
     children" and inserting ", (II) a Federal offense involving 
     the sexual exploitation or abuse of children, or (III) money 
     laundering, in violation of section 1956, 1957, or 1960 of 
     this title".
       (e) Authority To Order Convicted Criminal To Return 
     Property Located Abroad.--
       (1) Forfeiture of substitute property.--Section 413(p) of 
     the Controlled Substances Act (21 U.S.C. 853) is amended to 
     read as follows:
       "(p) Forfeiture of Substitute Property.--
       "(1) In general.--Paragraph (2) of this subsection shall 
     apply, if any property described in subsection (a), as a 
     result of any act or omission of the defendant--
       "(A) cannot be located upon the exercise of due diligence;
       "(B) has been transferred or sold to, or deposited with, a 
     third party;
       "(C) has been placed beyond the jurisdiction of the court;
       "(D) has been substantially diminished in value; or
       "(E) has been commingled with other property which cannot 
     be divided without difficulty.
       "(2) Substitute property.--In any case described in any of 
     subparagraphs (A) through (E) of paragraph (1), the court 
     shall order the forfeiture of any other property of the 
     defendant, up to the value of any property described in 
     subparagraphs (A) through (E) of paragraph (1), as 
     applicable.
       "(3) Return of property to jurisdiction.--In the case of 
     property described in paragraph (1)(C), the court may, in 
     addition to any other action authorized by this subsection, 
     order the defendant to return the property to the 
     jurisdiction of the court so that the property may be seized 
     and forfeited.".
       (2) Protective orders.--Section 413(e) of the Controlled 
     Substances Act (21 U.S.C. 853(e)) is amended by adding at the 
     end the following:
       "(4) Order to repatriate and deposit.--
       "(A) In general.--Pursuant to its authority to enter a 
     pretrial restraining order under this section, including its 
     authority to restrain any property forfeitable as substitute 
     assets, the court may order a defendant to repatriate any 
     property that may be seized and forfeited, and to deposit 
     that property pending trial in the registry of the court, or 
     with the United States Marshals Service or the Secretary of 
     the Treasury, in an interest-bearing account, if appropriate.
       "(B) Failure to comply.--Failure to comply with an order 
     under this subsection, or an order to repatriate property 
     under subsection (p), shall be punishable as a civil or 
     criminal contempt of court, and may also result in an 
     enhancement of the sentence of the defendant under the 
     obstruction of justice provision of the Federal Sentencing 
     Guidelines.".

     SEC. 320. PROCEEDS OF FOREIGN CRIMES.

       Section 981(a)(1)(B) of title 18, United States Code, is 
     amended to read as follows:
       "(B) Any property, real or personal, within the 
     jurisdiction of the United States, constituting, derived 
     from, or traceable to, any proceeds obtained directly or 
     indirectly from an offense against a foreign nation, or any 
     property used to facilitate such an offense, if the offense--
       "(i) involves the manufacture, importation, sale, or 
     distribution of a controlled substance (as that term is 
     defined for purposes of the Controlled Substances Act), or 
     any other conduct described in section 1956(c)(7)(B);
       "(ii) would be punishable within the jurisdiction of the 
     foreign nation by death or imprisonment for a term exceeding 
     1 year; and
       "(iii) would be punishable under the laws of the United 
     States by imprisonment for a term exceeding 1 year, if the 
     act or activity constituting the offense had occurred within 
     the jurisdiction of the United States.".

     SEC. 321. EXCLUSION OF ALIENS INVOLVED IN MONEY LAUNDERING.

       Section 212(a)(2) of the Immigration and Nationality Act of 
     1952 (8 U.S.C. 1182(a)(2)) is amended by adding at the end 
     the following:
       "(I) Money laundering activities.--Any alien who the 
     consular officer or the Attorney General knows or has reason 
     to believe is or has been engaged in activities which, if 
     engaged in within the United States would constitute a 
     violation of section 1956 or 1957 of title 18, United States 
     Code, or has been a knowing assister, abettor, conspirator, 
     or colluder with others in any such illicit activity is 
     inadmissible.".

     SEC. 322. CORPORATION REPRESENTED BY A FUGITIVE.

       Section 2466 of title 18, United States Code, is amended by 
     designating the present matter as subsection (a), and adding 
     at the end the following:
       "(b) Subsection (a) may be applied to a claim filed by a 
     corporation if any majority shareholder, or individual filing 
     the claim on behalf of the corporation is a person to whom 
     subsection (a) applies.".

     SEC. 323. ENFORCEMENT OF FOREIGN JUDGMENTS.

       Section 2467 of title 28, United States Code, is amended--
       (1) in subsection (d), by adding the following after 
     paragraph (2):
       "(3) Preservation of property.--To preserve the 
     availability of property subject to a foreign forfeiture or 
     confiscation judgment, the Government may apply for, and the 
     court may issue, a restraining order pursuant to section 
     983(j) of title 18, United States Code, at any time before or 
     after an application is filed pursuant to subsection (c)(1). 
     The court, in issuing the restraining order--
       "(A) may rely on information set forth in an affidavit 
     describing the nature of the proceeding investigation 
     underway in the foreign country, and setting forth a 
     reasonable basis to believe that the property to be 
     restrained will be named in a judgment of forfeiture at the 
     conclusion of such proceeding; or
       "(B) may register and enforce a restraining order has been 
     issued by a court of competent jurisdiction in the foreign 
     country and certified by the Attorney General pursuant to 
     subsection (b)(2).

     No person may object to the restraining order on any ground 
     that is the subject to parallel litigation involving the same 
     property that is pending in a foreign court.";
       (2) in subsection (b)(1)(C), by striking "establishing 
     that the defendant received notice of the proceedings in 
     sufficient time to enable the defendant" and inserting 
     "establishing that the foreign nation took steps, in 
     accordance with the principles of due process, to give notice 
     of the proceedings to all persons with an interest in the 
     property in sufficient time to enable such persons";
       (3) in subsection (d)(1)(D), by striking "the defendant in 
     the proceedings in the foreign court did not receive notice" 
     and inserting "the foreign nation did not take steps, in 
     accordance with the principles of due process, to give notice 
     of the proceedings to a person with an interest in the 
     property"; and
       (4) in subsection (a)(2)(A), by inserting ", any violation 
     of foreign law that would constitute a violation of an 
     offense for which property could be forfeited under Federal 
     law if the offense were committed in the United States" 
     after "United Nations Convention".

     SEC. 324. INCREASE IN CIVIL AND CRIMINAL PENALTIES FOR MONEY 
                   LAUNDERING.

       (a) Civil Penalties.--Section 5321(a) of title 31, United 
     States Code, is amended by adding at the end the following:
       "(7) Penalties for international counter money laundering 
     violations.--The Secretary may impose a civil money penalty 
     in an amount equal to not less than 2 times the amount of the 
     transaction, but not more than $1,000,000, on any financial 
     institution or agency that violates any provision of 
     subsection (i) or (j) of section 5318 or any special measures 
     imposed under section 5318A.".
       (b) Criminal Penalties.--Section 5322 of title 31, United 
     States Code, is amended by adding at the end the following:
       "(d) A financial institution or agency that violates any 
     provision of subsection (i) or (j) of section 5318, or any 
     special measures imposed under section 5318A, or any 
     regulation prescribed under subsection (i) or (j) of section 
     5318 or section 5318A, shall be fined in an amount equal to 
     not less than 2 times the amount of the transaction, but not 
     more than $1,000,000.".

[[Page S10319]]

     SEC. 325. REPORT AND RECOMMENDATION.

       Not later than 30 months after the date of enactment of 
     this Act, the Secretary, in consultation with the Attorney 
     General, the Federal banking agencies (as defined at section 
     3 of the Federal Deposit Insurance Act), the Securities and 
     Exchange Commission, and such other agencies as the Secretary 
     may determine, at the discretion of the Secretary, shall 
     evaluate the operations of the provisions of this subtitle 
     and make recommendations to Congress as to any legislative 
     action with respect to this subtitle as the Secretary may 
     determine to be necessary or advisable.

     SEC. 326. REPORT ON EFFECTIVENESS.

       The Secretary shall report annually on measures taken 
     pursuant to this subtitle, and shall submit the report to the 
     Committee on Banking, Housing, and Urban Affairs of the 
     Senate and to the Committee on Financial Services of the 
     House of Representatives.

     SEC. 327. CONCENTRATION ACCOUNTS AT FINANCIAL INSTITUTIONS.

       Section 5318(h) of title 31, United States Code, as amended 
     by section 202 of this title, is amended by adding at the end 
     the following:
       "(3) Concentration accounts.--The Secretary may issue 
     regulations under this subsection that govern maintenance of 
     concentration accounts by financial institutions, in order to 
     ensure that such accounts are not used to prevent association 
     of the identity of an individual customer with the movement 
     of funds of which the customer is the direct or beneficial 
     owner, which regulations shall, at a minimum--
       "(A) prohibit financial institutions from allowing clients 
     to direct transactions that move their funds into, out of, or 
     through the concentration accounts of the financial 
     institution;
       "(B) prohibit financial institutions and their employees 
     from informing customers of the existence of, or the means of 
     identifying, the concentration accounts of the institution; 
     and
       "(C) require each financial institution to establish 
     written procedures governing the documentation of all 
     tr