Skip to main content
HR 6783 115th Congress House International Affairs Bank accounts, deposits, capital Congressional oversight Foreign property Government studies and investigations Government trust funds Interest, dividends, interest rates Sanctions Terrorism

Terrorist Asset Seizure Reform Act of 2018

Introduced: September 12, 2018 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 21, 2018
Referred to the Subcommittee on Emergency Preparedness, Response and Communications.
Sep 12, 2018
Referred to the Committee on Foreign Affairs, and in addition to the Committee on Homeland Security, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 12, 2018
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Terrorist Asset Seizure Reform Act of 2018

This bill requires a financial institution to transfer to the Department of the Treasury (1) interest paid on certain bank accounts that are frozen as a result of sanctions; and (2) after providing notice and an opportunity for the owner to challenge, frozen or otherwise blocked assets affiliated with specified terrorist activity. Assets and interest confiscated under the bill must be deposited into a fund made available to the Federal Emergency Management Agency (FEMA) for grants related to terrorism prevention.

What's happening now September 21, 2018

Referred to the Subcommittee on Emergency Preparedness, Response and Communications.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 2
All 2 Republican 2
R
Budd, Ted
North Carolina · Sep 12, 2018
 R
McCaul, Michael T.
Texas · Sep 12, 2018
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6783: Terrorist Asset Seizure Reform Act of 2018. 115th Congress. Open America. https://openamerica.io/bill/115-HR-6783/
MLA
"H.R. 6783: Terrorist Asset Seizure Reform Act of 2018." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-6783/.
Bluebook (legal)
H.R. 6783, 115th Cong. (2026), https://openamerica.io/bill/115-HR-6783/.
Markdown link
[H.R. 6783: Terrorist Asset Seizure Reform Act of 2018](https://openamerica.io/bill/115-HR-6783/)
Report a problem