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HR 3231 118th Congress House Finance and Financial Sector

Buck Stops Here Act

Introduced: May 11, 2023 Introduced by: Gallego, Ruben Democratic · Arizona See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 11, 2023
Referred to the House Committee on Financial Services.
May 11, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Buck Stops Here Act

This bill allows the Department of the Treasury to impose restrictions on an entity or activity determined to be of primary money-laundering concern in connection with illicit fentanyl trafficking. Specifically, if Treasury determines that a foreign financial institution, class of transaction, or type of account is of such concern, Treasury may (1) require domestic financial institutions and agencies to take special measures, such as reporting certain financial transactions involving that entity or activity; or (2) prohibit, or impose certain conditions upon, the transmittal of funds involving any domestic financial institution or agency and that entity or activity.

What's happening now May 11, 2023

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3231: Buck Stops Here Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-3231/
MLA
"H.R. 3231: Buck Stops Here Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-3231/.
Bluebook (legal)
H.R. 3231, 118th Cong. (2026), https://openamerica.io/bill/118-HR-3231/.
Markdown link
[H.R. 3231: Buck Stops Here Act](https://openamerica.io/bill/118-HR-3231/)
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