Banking Transparency for Sanctioned Persons Act of 2019
USA116th CongressHR-1037| House
| Updated: 5/15/2019
Denver Riggleman
Republican Representative
Virginia
Cosponsors (1)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ms. Waters moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H3769-3770)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1037.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3769)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3769)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Bank accounts, deposits, capitalCongressional oversightDiplomacy, foreign officials, Americans abroadFinancial services and investmentsForeign and international bankingForeign propertyGovernment ethics and transparency, public corruptionHuman rightsLicensing and registrationsRussiaSanctionsTerrorism
Banking Transparency for Sanctioned Persons Act of 2019
USA116th CongressHR-1037| House
| Updated: 5/15/2019
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.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Ms. Waters moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H3769-3770)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1037.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3769)
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3769)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Denver Riggleman
Republican Representative
Virginia
Cosponsors (1)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Bank accounts, deposits, capitalCongressional oversightDiplomacy, foreign officials, Americans abroadFinancial services and investmentsForeign and international bankingForeign propertyGovernment ethics and transparency, public corruptionHuman rightsLicensing and registrationsRussiaSanctionsTerrorism