HR 2622
115th Congress
House
Finance and Financial Sector
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business records
Currency
Fraud offenses and financial crimes
Countering Terrorist Financing Act of 2017
Introduced: May 24, 2017
Introduced by:
Lynch, Stephen F.
Democratic
· Massachusetts
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2017
Referred to the House Committee on Financial Services.
May 24, 2017
Introduced in House
Plain-English summary
Countering Terrorist Financing Act of 2017
This bill revises the authority of the Department of the Treasury to issue an order imposing recordkeeping and reporting requirements upon financial institutions and nonfinancial trade or business groups in certain geographic areas regarding transactions for the payment, receipt, or transfer of U.S. coins or currency (or other monetary instruments as Treasury may describe in an order). Specifically, a Treasury order for recordkeeping and reporting may include any funds (not just U.S. coins or currency) involved in such transactions.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1