To increase the role of the financial industry in combating human trafficking.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To increase the role of the financial industry in combating human trafficking., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Criminal Justice, Housing.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H39E170D6DD9145D1AC340E7A72C7595B: 1. Short title This Act may be cited as the End Banking for Human Traffickers Act of 2024.
- Section HA3512588E4294BFEAEFCBB3FD0869EE0: 2. Increasing the role of the financial industry in combating human trafficking Not later than 180 days after the date of the enactment of this Act, the...
- Section HC5DAA74F485D4175B7F56D6AB998113E: 3. Minimum standards for the elimination of trafficking Section 108(b) of the Trafficking Victims Protection Act of 2000 (22 U.S.C. 7106(b)) is amended by...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To increase the role of the financial industry in combating human trafficking., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Criminal Justice, Housing
Primary Purpose
This bill, To increase the role of the financial industry in combating human trafficking., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Fitzpatrick (for himself and Mr. Keating) introduced the following …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
the Interagency Task Force To Monitor and Combat Trafficking established by the President pursuant to section 105 of the Trafficking Victims Protection Act of 2000 (22 U.S.C. 7103)
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology