FASTER Act of 2022
Summary
Freezing Assets of Suspected Terrorists and Enemy Recruits Act of 2022 or the FASTER Act of 2022 This bill directs a federal law enforcement agency to notify the Financial Crimes Enforcement Network (FinCEN) in the Department of the Treasury of an arrest of an individual under suspicion of participating in domestic terrorism or providing material support for terrorism. FinCEN must then order any appropriate financial institution to freeze that individual's assets. The bill also sets forth provisions for contesting a freeze, unfreezing assets, and disposing of assets in the event of a conviction. The Federal Bureau of Investigation must establish a national clearinghouse of incidents of homegrown lone wolf terrorism, domestic terrorism, and the provision of material support to terrorists.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2022
Committee Review
Floor Vote
President
Introduced Oct 4, 2022
Last action Nov 1, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
2
Nov 1, 2022
House · Referred to committee
Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
Oct 4, 2022
House · Referred to committee
Referred to the Committee on the Judiciary, and in addition to the Committee on Financial Services, 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.
Oct 4, 2022
House · Introduced
Introduced in House
1 primary · 1 co-sponsor
Sponsors
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