Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 6605: STIFLE Act of 2023

Introduced

  1. Introduced (completed)Dec 5, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Dec 5, 2023

This bill requires the Department of the Treasury to report on the role location obfuscation technology (IP address manipulation that includes the use of virtual private networks [VPNs] and proxy servers) plays in U.S. sanctions evasions, money laundering, and other illicit finance activity. Treasury must also assess the degree to which a financial technology platform relies upon a user’s IP address to indicate a user’s location and a platform’s ability to use aggregated location data to indicate a user’s location in the event one or more data points have been manipulated. The report must also contain an analysis of techniques to reduce evasion of U.S. sanctions and money laundering laws and regulations.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

2

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Zachary (Zach) Nunn R-IA SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Zachary (Zach) Nunn

History

  1. Dec 5, 2023Introduced in the House by Zachary (Zach) Nunn.
Show the full action history (2 actions)
  1. Dec 5, 2023Introduced in House
  2. Dec 5, 2023Referred to the House Committee on Financial Services.