H.R. 1793

Money Laundering Correction Act of 2009

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I

111th CONGRESS

1st Session

H. R. 1793

IN THE HOUSE OF REPRESENTATIVES

March 30, 2009

Mr. Daniel E. Lungren of California (for himself and Mr. Smith of Texas) introduced the following bill; which was referred to the Committee on the Judiciary

A BILL

To amend title 18, United States Code, with respect to money laundering.

1.

Short title

This Act may be cited as the Money Laundering Correction Act of 2009.

2.

Response to Cuellar case

Section 1956(a)(2)(B) of title 18, United States Code, is amended—

(1)

by striking is designed in whole or in part;

(2)

in clause (i), by striking to conceal or disguise and inserting conceals or disguises; and

(3)

in clause (ii), by striking to avoid and inserting avoids.

3.

Response to Santos case

Section 1956(c) of title 18, United States Code, is amended—

(1)

by striking the period at the end of paragraph (8) and inserting ; and

(2)

by adding at the end the following:

(9)

the term “proceeds” means any property derived from or obtained or retained, directly or indirectly, through the commission of a specified unlawful activity, including the gross proceeds of that specified unlawful activity.

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