H.R. 1756 · 105th Congress · enacted
Money Laundering and Financial Crimes Strategy Act of 1998
Became Public Law No: 105-310.
Latest official action 1998-10-30 · Enacted
The bill, briefly
Money Laundering and Financial Crimes Strategy Act of 1998 - Amends Federal law governing monetary transactions to redefine money laundering and related financial crimes as either: (1) the movement of illicit cash or cash equivalent proceeds into, out of, or through the United States or through certain U.S. financial institutions; or (2) the meaning given under State and local criminal statutes pertaining to the movement of illicit cash or cash equivalent proceeds. (Sec. 2) Directs the President (acting through the Secretary of the Treasury and in consultation with the Attorney General) to develop and submit to the Congress a national strategy, with five annual updates, for combating money laundering and related financial crimes. Requires such strategy to include: (1) research-based goals, objectives, and priorities; (2) prevention measures coordinated with other agencies; (3) detection and prosecution initiatives (including seizure and forfeiture of proceeds and instrumentalities derived from such crimes); (4) an enhanced partnership between the private financial sector and law enforcement agencies to target crime detection and prevention; (5) enhanced intergovernmental cooperation between Federal, State, and local officials; and (6) a description of geographical areas designated as high-risk money laundering and related financial crime areas. Instructs the Secretary to submit…
Congressional Research Service · 1998-10-15
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
Sponsor
Nydia M. Velázquez
House · NY District 7 · Democratic
$62,250PAC receipts · 2025–2026
Cosponsor
Charles E. Schumer
Senate · NY · Democratic
$139,375PAC receipts · 2025–2026
7 of 7 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
BEYOND FINANCE EMPLOYEE POLITICAL ACTION COMMITTEE$10,000
Charles E. Schumer · Cosponsor · $10,000
Official PAC recordHUMANA INC. POLITICAL ACTION COMMITTEE$10,000
Charles E. Schumer · Cosponsor · $10,000
Official PAC recordTHE PROCTER & GAMBLE COMPANY GOOD GOVERNMENT FUND$7,500
Charles E. Schumer · Cosponsor · $7,500
Official PAC recordTRANSPORT WORKERS UNION OF AMERICA POLITICAL CONTRIBUTIONS COMMITTEE$7,000
AMERICAN ASSOCIATION OF NURSE ANESTHETISTS SEPARATE SEGREGATED FUND (CRNA-PAC)$5,000
Charles E. Schumer · Cosponsor · $5,000
Official PAC recordAMERICAN FEDERATION OF TEACHERS, AFL-CIO COMMITTEE ON POLITICAL EDUCATION$5,000
Nydia M. Velázquez · Sponsor · $5,000
Official PAC recordAMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$5,000
Nydia M. Velázquez · Sponsor · $5,000
Official PAC recordCENCORA, INC. PAC$5,000
Charles E. Schumer · Cosponsor · $5,000
Official PAC recordDOW INC. PAC (DOWPAC)$5,000
Charles E. Schumer · Cosponsor · $5,000
Official PAC recordELI LILLY AND COMPANY POLITICAL ACTION COMMITTEE$5,000
Charles E. Schumer · Cosponsor · $5,000
Official PAC recordERICSSON INC. U.S. EMPLOYEES POLITICAL ACTION COMMITTEE ('ERICSSON PAC')$5,000
Charles E. Schumer · Cosponsor · $5,000
Official PAC recordINTERNATIONAL ASSOCIATION OF FIREFIGHTERS INTERESTED IN REGISTRATION AND EDUCATION PAC$5,000
Charles E. Schumer · Cosponsor · $5,000
Official PAC recordMACHINISTS NON PARTISAN POLITICAL LEAGUE OF THE INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS$5,000
Nydia M. Velázquez · Sponsor · $5,000
Official PAC recordMOLINA HEALTHCARE, INC. PAC$5,000
Charles E. Schumer · Cosponsor · $5,000
Official PAC recordNATIONAL ASSOCIATION OF DEVELOPMENT COMPANIES 504PAC$5,000
Nydia M. Velázquez · Sponsor · $5,000
Official PAC recordSMALL BUSINESS INVESTOR ALLIANCE PAC$5,000
Nydia M. Velázquez · Sponsor · $5,000
Official PAC recordUNITED SERVICES AUTOMOBILE ASSOCIATION EMPLOYEE PAC - USAA EMPLOYEE PAC$5,000
Charles E. Schumer · Cosponsor · $5,000
Official PAC recordBAXTER HEALTHCARE CORPORATION POLITICAL ACTION COMMITTEE$3,500
Charles E. Schumer · Cosponsor · $3,500
Official PAC recordGE VERNOVA INC. POLITICAL ACTION COMMITTEE$3,500
Charles E. Schumer · Cosponsor · $3,500
Official PAC recordGOVEVOLVE PAC$3,500
Nydia M. Velázquez · Sponsor · $3,500
Official PAC recordMORTGAGE BANKERS ASSOCIATION POLITICAL ACTION COMMITTEE (MORPAC)$3,500
Nydia M. Velázquez · Sponsor · $3,500
Official PAC recordNASDAQ, INC. PAC (NASDAQ PAC)$3,500
Charles E. Schumer · Cosponsor · $3,500
Official PAC recordWALMART INC. PAC FOR RESPONSIBLE GOVERNMENT$3,500
Nydia M. Velázquez · Sponsor · $3,500
Official PAC recordEMPLOYEES OF RTX CORPORATION POLITICAL ACTION COMMITTEE$3,000
Charles E. Schumer · Cosponsor · $3,000
Official PAC recordINDEPENDENT COMMUNITY BANKERS OF AMERICA POLITICAL ACTION COMMITTEE (ICBA PAC)$3,000
Nydia M. Velázquez · Sponsor · $3,000
Official PAC recordSALT RIVER VALLEY WATER USERS' ASSOCIATION POLITICAL INVOLVEMENT COMMITTEE ( SRPPIC)$3,000
Charles E. Schumer · Cosponsor · $3,000
Official PAC recordAECOM PAC$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordAFLAC POLITICAL ACTION COMMITTEE (AFLAC PAC)$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordALLIED PILOTS ASSOCIATION POLITICAL ACTION COMMITTEE$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordAMERICA'S CREDIT UNIONS PAC$2,500
Nydia M. Velázquez · Sponsor · $2,500
Official PAC recordAMERICAN FEDERATION OF STATE COUNTY & MUNICIPAL EMPLOYEES P E O P L E$2,500
Nydia M. Velázquez · Sponsor · $2,500
Official PAC recordATLAS AIR WORLDWIDE HOLDINGS, INC. POLITICAL ACTION COMMITTEE$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordCOLLEGE OF AMERICAN PATHOLOGISTS POLITICAL ACTION COMMITTEE$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordDELTA AIR LINES PAC$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordINSURED RETIREMENT INSTITUTE POLITICAL ACTION COMMITTEE (IRI PAC)$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordINTEL CORPORATION POLITICAL ACTION COMMITTEE$2,500
Nydia M. Velázquez · Sponsor · $2,500
Official PAC recordLIVE OAK BANK POLITICAL ACTION COMMITTEE$2,500
Nydia M. Velázquez · Sponsor · $2,500
Official PAC recordNATIONAL MARINE MANUFACTURERS ASSOCIATION AND MARINE RETAILERS ASSOCIATION BOAT PAC$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordNATIONAL ROOFING CONTRACTORS ASSOCIATION ROOF PAC$2,500
Nydia M. Velázquez · Sponsor · $2,500
Official PAC recordPARSONS CORPORATION POLITICAL ACTION COMMITTEE$2,500
Charles E. Schumer · Cosponsor · $2,500
Official PAC recordThe largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.
Measured outcome: not established
Enactment alone does not show whether a law improved its intended outcome. We need a dated evaluation, observed result or verified implementation record before claiming success or failure.