HR 3939
101th Congress
House
Finance and Financial Sector
Checks
Crime and Law Enforcement
Financial services
Fines (Penalties)
Licenses
Money
Money laundering
State laws
Money Laundering Prevention and Payment System Protection Act of 1990
Introduced: February 1, 1990
See on congress.gov
Everywhere this bill has been
6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 8, 1990
Subcommittee Hearings Held.
Mar 8, 1990
Subcommittee Consideration and Mark-up Session Held.
Mar 8, 1990
Forwarded by Subcommittee to Full Committee.
Feb 15, 1990
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Feb 1, 1990
Referred to the House Committee on Banking, Finance + Urban Affrs.
Feb 1, 1990
Introduced in House
Plain-English summary
Money Laundering Prevention and Payment System Protection Act of 1990 - Expresses the sense of the Congress that the States should: (1) establish a uniform regulatory scheme for non-depository institutions engaged in money transactions (such as check cashing services, money orders, and travelers checks; and (2) develop a model statute to regulate such services (including licensing standards and civil and criminal penalties for noncompliance).
Requires the Secretary of the Treasury to report to the Congress the results of a study of the progress made by the States in developing and enacting such a model statute.
What's happening now
Subcommittee Hearings Held.
Committees of jurisdiction
2
Cosponsors
1