HR 621
106th Congress
House
Finance and Financial Sector
Administrative procedure
Bank accounts
Bank records
Commerce
Crime and Law Enforcement
Department of the Treasury
Federal Deposit Insurance Corporation
Federal Reserve System
Financial institutions
Government Operations and Politics
Government corporations
Government paperwork
Law
Money
Money laundering
Know Your Customer Program Abolishment Act
Introduced: February 8, 1999
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 25, 1999
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Feb 8, 1999
Referred to the House Committee on Banking and Financial Services.
Feb 8, 1999
Sponsor introductory remarks on measure. (CR E155-156)
Feb 8, 1999
Introduced in House
Plain-English summary
Know Your Customer Program Abolishment Act - Prohibits certain proposed "know your customer" regulations published in the Federal Register on December 7, 1998, by the Comptroller of the Currency, the Director of the Office of Thrift Supervision, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation from being published in final form. Terminates any such regulation that has become effective before the enactment of this Act. Prohibits such agencies from prescribing any similar regulation.
What's happening now
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Committees of jurisdiction
2
Cosponsors
1