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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE BILL |
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| INTRODUCED BY CREIGHTON, DENLINGER, EVERETT, GEIST, METZGAR, MURT, SIPTROTH AND SWANGER, JUNE 17, 2009 |
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| REFERRED TO COMMITTEE ON JUDICIARY, JUNE 17, 2009 |
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| AN ACT |
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1 | Amending Title 18 (Crimes and Offenses) of the Pennsylvania |
2 | Consolidated Statutes, further providing for dealing in |
3 | proceeds of unlawful activities. |
4 | The General Assembly of the Commonwealth of Pennsylvania |
5 | hereby enacts as follows: |
6 | Section 1. Section 5111(a) and (b) of Title 18 of the |
7 | Pennsylvania Consolidated Statutes are amended to read: |
8 | § 5111. Dealing in proceeds of unlawful activities. |
9 | (a) Offense defined.-- |
10 | (1) A person commits a felony of the first degree if the |
11 | person conducts a financial transaction under any of the |
12 | following circumstances: |
13 | [(1)] (i) With knowledge that the property involved |
14 | represents the proceeds of unlawful activity, the person |
15 | acts with the intent to promote the carrying on of the |
16 | unlawful activity. |
17 | [(2)] (ii) With knowledge that the property involved |
18 | represents the proceeds of unlawful activity and that the |
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1 | transaction is designed in whole or in part to conceal or |
2 | disguise the nature, location, source, ownership or |
3 | control of the proceeds of unlawful activity. |
4 | [(3) To] (2) A person commits a felony of the third |
5 | degree if the person knowingly conducts a financial |
6 | transaction to avoid a transaction reporting requirement |
7 | under State or Federal law. |
8 | (b) Penalty.-- |
9 | (1) Upon conviction of a violation under subsection (a) |
10 | (1), a person shall be sentenced to a fine of the greater of |
11 | $100,000 or twice the value of the property involved in the |
12 | transaction or to imprisonment for not more than 20 years, or |
13 | both. |
14 | (2) Upon conviction of a violation under subsection |
15 | (a)(2), a person shall be sentenced to a fine of the greater |
16 | of $25,000 or twice the value of the property involved in the |
17 | transaction or to imprisonment for not more than seven years, |
18 | or both. |
19 | * * * |
20 | Section 2. This act shall take effect in 60 days. |
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