119-hr3629

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3629 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 3629

 To increase the role of the financial industry in combating human 
 trafficking.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 May 29, 2025

Mr. Fitzpatrick (for himself and Mr. Keating) introduced the following 
bill; which was referred to the Committee on Financial Services, and in 
 addition to the Committee on Foreign Affairs, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
 of such provisions as fall within the jurisdiction of the committee 
 concerned

_______________________________________________________________________

 A BILL

 To increase the role of the financial industry in combating human 
 trafficking.

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

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``End Banking for Human Traffickers 
Act of 2025''.

SEC. 2. INCREASING THE ROLE OF THE FINANCIAL INDUSTRY IN COMBATING 
 HUMAN TRAFFICKING.

    (a) Required Review of Procedures.--Not later than 180 days after 
the date of the enactment of this Act, the Financial Institutions 
Examination Council, in consultation with the Secretary of the 
Treasury, the private sector, victims of severe forms of trafficking in 
persons, advocates of persons at risk of becoming victims of severe 
forms of trafficking in persons, and appropriate law enforcement 
agencies, shall--

    (1) review and enhance training and examinations procedures 
 to improve the capabilities of anti-money laundering and 
 countering the financing of terrorism programs to detect 
 financial transactions relating to severe forms of trafficking 
 in persons;

    (2) review and enhance procedures for referring potential 
 cases relating to severe forms of trafficking in persons to the 
 appropriate law enforcement agency; and

    (3) determine, as appropriate, whether requirements for 
 financial institutions are sufficient to detect and deter money 
 laundering relating to severe forms of trafficking in persons.

    (b) Interagency Task Force Recommendations Targeting Money 
Laundering Related to Human Trafficking.--

    (1) In general.--Not later than 270 days after the date of 
 the enactment of this Act, the Interagency Task Force To 
 Monitor and Combat Trafficking shall submit to the Committee on 
 Financial Services and the Committee on the Judiciary of the 
 House of Representatives, the Committee on Banking, Housing, 
 and Urban Affairs and the Committee on the Judiciary of the 
 Senate, and the head of each Federal banking agency--
        (A) an analysis of anti-money laundering efforts of 
 the United States Government and United States 
 financial institutions relating to severe forms of 
 trafficking in persons; and
        (B) appropriate legislative, administrative, and 
 other recommendations to strengthen efforts against 
 money laundering relating to severe forms of 
 trafficking in persons.

    (2) Required recommendations.--The recommendations under 
 paragraph

    (1) shall include--
        (A) feedback from financial institutions on best 
 practices of successful programs to combat severe forms 
 of trafficking in persons currently in place that may 
 be suitable for broader adoption by similarly situated 
 financial institutions;
        (B) feedback from stakeholders, including victims 
 of severe forms of trafficking in persons, advocates of 
 persons at risk of becoming victims of severe forms of 
 trafficking in persons, and financial institutions, on 
 policy proposals derived from the analysis conducted by 
 the task force referred to in paragraph

    (1) that would 
 enhance the efforts and programs of financial 
 institutions to detect and deter money laundering 
 relating to severe forms of trafficking in persons, 
 including any recommended changes to internal policies, 
 procedures, and controls relating to severe forms of 
 trafficking in persons;
            (C) any recommended changes to training programs at 
 financial institutions to better equip employees to 
 deter and detect money laundering relating to severe 
 forms of trafficking in persons;
            (D) any recommended changes to expand information 
 sharing relating to severe forms of trafficking in 
 persons among financial institutions and between such 
 financial institutions, appropriate law enforcement 
 agencies, and appropriate Federal agencies; and
        (E) recommended changes, if necessary, to existing 
 statutory law to more effectively detect and deter 
 money laundering relating to severe forms of 
 trafficking in persons, where such money laundering 
 involves the use of emerging technologies and virtual 
 currencies.
            (c) Limitation.--Nothing in this Act shall be construed to--

    (1) grant rulemaking authority to the Interagency Task 
 Force To Monitor and Combat Trafficking; or

    (2) encourage financial institutions to deny services to 
 victims of trafficking, victims of severe forms of trafficking 
 in persons, or individuals not responsible for promoting severe 
 forms of trafficking in persons.
            (d) === Definitions. ===
-As used in this section--

    (1) the term ``Federal banking agency'' has the meaning 
 given the term in 

section 3

    (q) of the Federal Deposit Insurance 
 Act (12 U.S.C. 1813

    (q) );

    (2) the term ``severe forms of trafficking in persons'' has 
 the meaning given such term in 

section 103 of the Trafficking 
 Victims Protection Act of 2000 (22 U.S.C. 7102);

    (3) the term ``Interagency Task Force To Monitor and Combat 
 Trafficking'' means the Interagency Task Force To Monitor and 
 Combat Trafficking established by the President pursuant to 
 

section 105 of the Trafficking Victims Protection Act of 2000 
 (22 U.S.C. 7103); and

    (4) the term ``law enforcement agency'' means an agency of 
 the United States, a State, or a political subdivision of a 
 State, authorized by law or by a government agency to engage in 
 or supervise the prevention, detection, investigation, or 
 prosecution of any violation of criminal or civil law.

SEC. 3. MINIMUM STANDARDS FOR THE ELIMINATION OF TRAFFICKING.

 

Section 108

    (b) of the Trafficking Victims Protection Act of 2000 
(22 U.S.C. 7106

    (b) ) is amended by adding at the end the following new 
paragraph:
 ``

    (13) Whether the government of the country, consistent 
 with the capacity of the country, has in effect a framework to 
 prevent financial transactions involving the proceeds of severe 
 forms of trafficking in persons, and is taking steps to 
 implement such a framework, including by investigating, 
 prosecuting, convicting, and sentencing individuals who attempt 
 or conduct such transactions.''.
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