---
kind: "section"
citation: "31 U.S.C. § 5354"
title: "31"
title_heading: "Money and Finance"
number: "5354"
heading: "Grants for fighting money laundering and related financial crimes"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/31/5354"
units:
  - "Subtitle IV — Money"
  - "Chapter 53 — Monetary Transactions"
  - "Subchapter III — Money Laundering and Related Financial Crimes"
  - "Part 2"
---

# §5354. Grants for fighting money laundering and related financial crimes

- (a) **In General.—** After the end of the 1-year period beginning on the date the first national strategy for combating [money laundering and related financial crimes](/usc/31/5340.md?p=2) is submitted to the Congress in accordance with [section 5341](/usc/31/5341.md), and subject to [subsection (b)](#b), the [Secretary](/usc/31/5340.md?p=3) may review, select, and award grants for State or local law enforcement agencies and prosecutors to provide funding necessary to investigate and prosecute [money laundering and related financial crimes](/usc/31/5340.md?p=2) in high-risk [money laundering and related financial crime](/usc/31/5340.md?p=2) areas.
- (b) **Special Preference.—** Special preference shall be given to applications submitted to the [Secretary](/usc/31/5340.md?p=3) which demonstrate collaborative efforts of two or more State and local law enforcement agencies or prosecutors who have a history of Federal, State, and local cooperative law enforcement and prosecutorial efforts in responding to such criminal activity.

## Source credit

(Added Pub. L. 105–310, § 2(a), Oct. 30, 1998, 112 Stat. 2948.)