Preventing the Financing of Illegal Synthetic Drugs Act

The Preventing the Financing of Illegal Synthetic Drugs Act (HR 1076) requires the Government Accountability Office (GAO) to study how criminal groups finance synthetic drug trafficking into the U.S., including the use of social media platforms and payment apps like CashApp. The study will examine business models, money laundering tactics, government efforts to disrupt these networks, and overlaps with human trafficking. It must be completed within one year of enactment, with findings reported to Congress. This bill does not change existing laws but aims to provide data to inform future policy decisions on combating illicit drug finance.