HOUSE 1037116th CongressReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking Transparency for Sanctioned Persons Act of 2019
- Last Action
- 5/15/2019
Actions
- 2019-05-15Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2019-05-14Motion to reconsider laid on the table Agreed to without objection.
- 2019-05-14On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3769)
- 2019-05-14Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3769)
- 2019-05-14DEBATE - The House proceeded with forty minutes of debate on H.R. 1037.
- 2019-05-14Considered under suspension of the rules. (consideration: CR H3769-3770)
- 2019-05-14Ms. Waters moved to suspend the rules and pass the bill.
- 2019-02-07Referred to the House Committee on Financial Services.
- 2019-02-07Introduced in House
- 2019-02-07Introduced in House
CRS Summary
As of 2019-05-14 (53)
Banking Transparency for Sanctioned Persons Act of 2019
This bill requires the Department of the Treasury to report semiannually on financial services provided to benefit a state sponsor of terrorism or specified sanctioned persons.
Treasury may waive these reporting requirements with respect to a foreign financial institution if
- the institution credibly assures Treasury that it will cease conducting transactions for such persons, or
- the waiver is important to the national interest.
Cosponsors (1)
- Josh Gottheimer (D-NJ)
Subjects
- Bank accounts, deposits, capital
- Congressional oversight
- Diplomacy, foreign officials, Americans abroad
- Financial services and investments
- Foreign and international banking
- Foreign property
- Government ethics and transparency, public corruption
- Human rights
- Licensing and registrations
- Russia
- Sanctions
- Terrorism
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.