Title 31, Money and FinanceRelease 119-110

§5353 Information Collection and Dissemination with Respect to Grant Recipients

Title 31 › SUBTITLE IV — MONEY › CHAPTER 53 — MONETARY TRANSACTIONS › SUBCHAPTER III — MONEY LAUNDERING AND RELATED FINANCIAL CRIMES › Part 2 — Financial Crime-Free Communities Support Program › § 5353

Last updated Sep 22, 2026|Official source

Summary

The Secretary must issue requests for proposals when needed about how to apply for the grants, how renewals work, and when renewals can be suspended or withheld. Applications must be written and will be reviewed by the Secretary. The Secretary must, as much as possible and allowed by law, keep reporting requirements low and speed up renewal applications. The Secretary may test and study specific ideas tied to the program, evaluate the program overall, and share the findings and related information with eligible state and local law enforcement or prosecutors and with the public.

Full Legal Text

Title 31, §5353

Money and Finance, Source: USLM XML via OLRC

(a)Applicant and Grantee Information.—
(1)Application process.—
The Secretary shall issue requests for proposal, as necessary, regarding, with respect to the grants awarded under section 5352, the application process, grant renewal, and suspension or withholding of renewal grants. Each application under this paragraph shall be in writing and shall be subject to review by the Secretary.
(2)Reporting.—
The Secretary shall, to the maximum extent practicable and in a manner consistent with applicable law, minimize reporting requirements by a grant recipient and expedite any application for a renewal grant made under this part.
(b)Activities of Secretary.—
The Secretary may—
(1)evaluate the utility of specific initiatives relating to the purposes of the program;
(2)conduct an evaluation of the program; and
(3)disseminate information described in this subsection to—
(A)eligible State local law enforcement agencies or prosecutors; and
(B)the general public.

Reference

Citations & Metadata

Citation

31 U.S.C. § 5353

Title 31, Money and Finance

Last Updated

Sep 22, 2026

Release point: 119-110