S. 3608: Trade Transparency Unit Strategy Act

119th Congress · introduced 2026-01-08 · Foreign Trade and International Finance · Latest: Read twice and referred to the Committee on Finance.

federal

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Official title

Trade Transparency Unit Strategy Act

Plain summary

Trade Transparency Unit Strategy Act This bill requires a strategy and report related to the expansion of trade transparency units. Trade transparency units examine trade anomalies and financial irregularities associated with trade-based money laundering, customs fraud, contraband smuggling, and tax evasion. Specifically, the Department of Homeland Security must coordinate with the Departments of State, Commerce, and the Treasury to submit a strategy to Congress. This strategy must (1) expand information sharing between U.S. Customs and Border Protection, Homeland Security Investigations of U.S. Immigration and Customs Enforcement, appropriate elements of the Department of Commerce, the Financial Crimes Enforcement Network of the Department of the Treasury, and appropriate counterparts of foreign customs agencies through trade transparency units; and (2) improve intra-agency, interagency, and other multilateral information sharing with respect to these units. The Government Accountability Office must submit a report to Congress that includes an assessment of the strategy.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

Trade Transparency Unit Strategy Act

Source: Congressional Research Service summary (Introduced in Senate)

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Officials and money

Sponsor: Sen. Sheehy, Tim [R-MT] · 0 cosponsors

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Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119s3608.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/s>

Record fed-us-cong119-s3608 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills