Preventing Gun Violence: Tracking Extremist Funding for Firearms
This act aims to better understand how domestic terrorists acquire firearms. It requires the FinCEN agency to collect information from banks and other financial institutions. The goal is to create an advisory to help detect suspicious transactions related to gun purchases, enhancing public safety.
Key points
Financial institutions will be asked for information on firearm procurement by extremists.
FinCEN will issue an advisory to banks to help identify suspicious gun-related transactions.
The act seeks to make it harder for domestic terrorists to obtain firearms, potentially impacting citizen safety.
Status:
Expired
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