Authorizing that money laundering forfeited proceeds and property be used for improvement of gambling-related law enforcement activities.
Summary
Authorizes property that has been seized and forfeited as proceeds traceable to or derived from the crime of money laundering, or certain other felony crimes, to alternatively be disposed of according to the provisions for the disposition of forfeited property under the Gambling Act, and used by the seizing agency for the expansion and improvement of gambling-related law enforcement activity.
From the House Bill Report (SB 6119), written by the Legislature's nonpartisan staff. Read the full report ↗
AN ACT Relating to authorizing that money laundering forfeited proceeds and property be used for improvement of gambling-related law enforcement activities;