Trade Transparency Unit Strategy Act

Summary

Requires the Department of Homeland Security, working with the Departments of State, Commerce, and the Treasury, to produce a strategy within 180 days to expand and improve information sharing through Trade Transparency Units (TTUs). The strategy must address expanding data exchange among U.S. agencies and foreign customs partners, improving intra- and interagency and multilateral sharing, be submitted in unclassified form with an optional classified annex, and be followed by a Comptroller General assessment within 180 days of the strategy submission.

• Directs DHS, coordinated with State, Commerce, and Treasury, to deliver a TTU strategy within 180 days of enactment.
• Strategy must propose expanding information sharing among CBP, HSI, Commerce components, FinCEN, and foreign customs counterparts.
• Requires the strategy to address improved intra-agency, interagency, and multilateral information sharing.
• Strategy must be submitted unclassified with an optional classified annex to designated congressional committees.
• The Comptroller General must assess the strategy and report to Congress within 180 days after submission.
• Lists the specific House and Senate committees that will receive the strategy and the GAO assessment.
• Does not create new funding, regulatory authorities, or programmatic mandates—primarily a planning and oversight requirement.
• Includes a nonbinding sense of Congress that TTUs are vital to combat international money laundering.