PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Domestic and International Monetary Policy.
Congressional Research Service
Version 00 · Introduced in House · Mar 5, 1996
International Counterfeiting Prevention Act of 1996 - Requires the Secretary of the Treasury (Secretary), the Chairman of the Board of Governors of the Federal Reserve System, and the Secretary of State to establish, and appoint the members of, an interagency task force to: (1) monitor the use and holding of U.S. currency in foreign countries; (2) produce a statistically valid estimate of the amount of counterfeit U.S. currency that is produced, passed, and possessed outside the United States each year; and (3) coordinate the activities of the agencies represented on the task force in carrying out such duties. Requires the task force to establish, implement, and report to the Congress on an effective international evaluation audit plan designed to enable the represented agencies to carry out their duties. Requires the Secretary of State to: (1) consider in a timely manner the request of the Secretary of the Treasury for the placement of Secret Service agents in posts in overseas embassies for the effective enforcement of prohibitions against international counterfeiting of U.S. currency; and (2) reach an agreement with the Secretary on such posts by December 31, 1996. Requires the Secretaries to each submit a written report, by February 1, 1997, to specified congressional committees explaining the reasons for any rejection of a proposed post and any failure to fill an approved post by such date. Requires the United States Sentencing Commission to amend its sentencing guidelines to provide an appropriate enhancement of the punishment (a maximum 20-year prison term) for a defendant convicted under the Federal criminal code of international counterfeiting of U.S. currency.
People & committees
Rep. Bachus, Spencer [R-AL-6] · R–AL
Legislative record
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Referred to the Subcommittee on Domestic and International Monetary Policy.
Referred to the Committee on Banking and Financial Services, and in addition to the Committee on the Judiciary, 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.
Referred to the Committee on Banking and Financial Services, and in addition to the Committee on the Judiciary, 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.
Referred to the Committee on Banking and Financial Services, and in addition to the Committee on the Judiciary, 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.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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