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HR 1037 116th Congress House Finance and Financial Sector Bank accounts, deposits, capital Congressional oversight Diplomacy, foreign officials, Americans abroad Financial services and investments Foreign and international banking Foreign property Government ethics and transparency, public corruption Human rights Licensing and registrations Russia Sanctions Terrorism

Banking Transparency for Sanctioned Persons Act of 2019

Introduced: February 7, 2019 See on congress.gov
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 Everywhere this bill has been 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 15, 2019
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 14, 2019
Motion to reconsider laid on the table Agreed to without objection.
May 14, 2019
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3769)
May 14, 2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3769)
May 14, 2019
DEBATE - The House proceeded with forty minutes of debate on H.R. 1037.
May 14, 2019
Considered under suspension of the rules. (consideration: CR H3769-3770)
May 14, 2019
Ms. Waters moved to suspend the rules and pass the bill.
Feb 7, 2019
Referred to the House Committee on Financial Services.
Feb 7, 2019
Introduced in House
 Plain-English summary Congressional Research Service

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.
What's happening now May 15, 2019

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1