S.Amdt. 2416

SA 2416. Mr. CASSIDY submitted an amendment intended to be proposed
by him to the bill H.R. 5515, to authorize appropriations for fiscal
year 2019 for military activities of the Department of Defense, for
military construction, and for defense activities of the Department of
Energy, to prescribe military personnel strengths for such fiscal year,
and for other purposes; which was ordered to lie on the table; as
follows:

At the appropriate place, insert the following:

SEC. __. NATIONAL INTELLIGENCE ESTIMATE ON NATIONAL SECURITY
THREAT POSED BY TRADE-BASED MONEY LAUNDERING.

(a) In General.--Not later than the end of the 90-day
period beginning on the date of the enactment of this Act,
the Director of National Intelligence shall submit to
Congress a national intelligence estimate on the threat posed
to the national security of the United States by trade-based
money laundering.
(b) Elements.--The national intelligence estimate required
by subsection (a) shall include the following:
(1) An assessment of trade-based money laundering and
threat finance at the national and international levels.
(2) An assessment of the financial dimensions of the threat
to the national security of the United States posed by trade-
based money laundering.
(3) A description of how terrorist financing and drug
trafficking organizations are advancing their illicit
activities through the use of licit trade channels.
(4) An assessment of the adequacy of the systems and tools
available to the Federal Government for combating trade-based
money laundering.
(5) Recommendations for coordination between Federal
agencies with respect to combating trade-based money
laundering and an identification of which Federal agency
should be the lead agency for purposes of combating trade-
based money laundering.
(6) Recommendations for coordination with the governments
of foreign countries with respect to combating trade-based
money laundering.
(c) Extension of Deadline for Submission.--If, before the
end of the 90-day period specified in subsection (a), the
Director determines that the national intelligence estimate
required by that subsection cannot be submitted by the end of
that period as required by that subsection, the Director
shall (before the end of that period) submit to Congress a
report setting forth--
(1) the reasons why the national intelligence estimate
cannot be submitted by the end of that 90-day period; and
(2) an estimated date for the submission of the national
intelligence estimate.
(d) Form.--
(1) In general.--The national intelligence estimate
required by subsection (a) shall--
(A) be submitted in classified form; and
(B) be accompanied by an unclassified summary.
(2) Public availability.--The unclassified summary required
by paragraph (1)(B) shall be made available to the public.
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