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Ransom Disclosure Act

USA117th CongressHR-5501| House 
| Updated: 10/6/2021
Deborah K. Ross

Deborah K. Ross

Democratic Representative

North Carolina

Commerce, Manufacturing, and Trade Subcommittee, Energy and Commerce Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Ransom Disclosure Act This bill requires certain entities to disclose ransom payments to the Department of Homeland Security (DHS). Specifically, within 48 hours of paying a ransom, disclosure must be made to DHS by any entity that (1) is engaged in interstate commerce, (2) is engaged in an activity affecting interstate commerce, or (3) receives federal funds. DHS must publish annually information disclosed, including the total dollar amount paid, without revealing identifying information. DHS must conduct a study to determine if there are commonalities with respect to the information disclosed and the extent to which cryptocurrency has facilitated the kinds of attacks that resulted in such payments. DHS must establish a website through which individuals may voluntarily report the payment of a ransom by the individual.
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Timeline
Oct 5, 2021
Introduced in House
Oct 5, 2021
Referred to the House Committee on Energy and Commerce.
Oct 6, 2021

Latest Companion Bill Action

S 117-2943
Introduced in Senate
Oct 6, 2021
Referred to the Subcommittee on Consumer Protection and Commerce.
  • October 5, 2021
    Introduced in House


  • October 5, 2021
    Referred to the House Committee on Energy and Commerce.


  • October 6, 2021

    Latest Companion Bill Action

    S 117-2943
    Introduced in Senate


  • October 6, 2021
    Referred to the Subcommittee on Consumer Protection and Commerce.

Government Operations and Politics

Related Bills

  • S 117-2943: Ransom Disclosure Act
  • S 117-2926: A bill to require certain entities to disclose to the Secretary of Homeland Security ransom payments, and for other purposes.
Computers and information technologyComputer security and identity theftCongressional oversightCurrencyDigital mediaFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsInternet and video servicesInternet, web applications, social mediaState and local government operations

Ransom Disclosure Act

USA117th CongressHR-5501| House 
| Updated: 10/6/2021
Ransom Disclosure Act This bill requires certain entities to disclose ransom payments to the Department of Homeland Security (DHS). Specifically, within 48 hours of paying a ransom, disclosure must be made to DHS by any entity that (1) is engaged in interstate commerce, (2) is engaged in an activity affecting interstate commerce, or (3) receives federal funds. DHS must publish annually information disclosed, including the total dollar amount paid, without revealing identifying information. DHS must conduct a study to determine if there are commonalities with respect to the information disclosed and the extent to which cryptocurrency has facilitated the kinds of attacks that resulted in such payments. DHS must establish a website through which individuals may voluntarily report the payment of a ransom by the individual.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 5, 2021
Introduced in House
Oct 5, 2021
Referred to the House Committee on Energy and Commerce.
Oct 6, 2021

Latest Companion Bill Action

S 117-2943
Introduced in Senate
Oct 6, 2021
Referred to the Subcommittee on Consumer Protection and Commerce.
  • October 5, 2021
    Introduced in House


  • October 5, 2021
    Referred to the House Committee on Energy and Commerce.


  • October 6, 2021

    Latest Companion Bill Action

    S 117-2943
    Introduced in Senate


  • October 6, 2021
    Referred to the Subcommittee on Consumer Protection and Commerce.
Deborah K. Ross

Deborah K. Ross

Democratic Representative

North Carolina

Commerce, Manufacturing, and Trade Subcommittee, Energy and Commerce Committee

Government Operations and Politics

Related Bills

  • S 117-2943: Ransom Disclosure Act
  • S 117-2926: A bill to require certain entities to disclose to the Secretary of Homeland Security ransom payments, and for other purposes.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Computers and information technologyComputer security and identity theftCongressional oversightCurrencyDigital mediaFraud offenses and financial crimesGovernment information and archivesGovernment studies and investigationsInternet and video servicesInternet, web applications, social mediaState and local government operations