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H.R. 5524 118th Congress House

Foreign Affiliates Sharing Pilot Program Extension Act

Official title: To amend the start date of the pilot program on sharing with foreign branches, subsidiaries and affiliates.

Introduced: September 18, 2023 Introduced by: Sylvia R. Garcia Democratic · Texas See on congress.gov
Finance and Financial Sector Business recordsForeign and international corporationsFraud offenses and financial crimesPublic-private cooperation
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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 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 12, 2023
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 396 - 28 (Roll no. 714). (text: 12/11/2023 CR H6753)
Dec 12, 2023
Considered as unfinished business. (consideration: CR H6835-6836)
Dec 12, 2023
Motion to reconsider laid on the table Agreed to without objection.
Dec 11, 2023
Considered under suspension of the rules. (consideration: CR H6753-6754)
Dec 11, 2023
Mr. Nunn (IA) moved to suspend the rules and pass the bill, as amended.
Dec 11, 2023
Placed on the Union Calendar, Calendar No. 245.
Dec 11, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-304.
Dec 11, 2023
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Dec 11, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 5524.
Sep 20, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 47 - 0.
Sep 20, 2023
Committee Consideration and Mark-up Session Held
Sep 18, 2023
Referred to the House Committee on Financial Services.
Sep 18, 2023
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Dec 12, 2023 House · vote #714 On Motion to Suspend the Rules and Pass, as Amended Passed 396–28 See who voted →
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 Latest action December 13, 2023

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

 Plain-English summary Congressional Research Service

Foreign Affiliates Sharing Pilot Program Extension Act 

This bill extends a pilot program that allows financial institutions to share suspicious activity reports with foreign affiliates for the purpose of combatting illicit financial activity. Currently, the program has not been implemented and is set to terminate January 1, 2024. The bill extends the termination date to three years after the Department of the Treasury issues rules for the pilot program.

 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Sherman, Brad
California · Sep 19, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5524: Foreign Affiliates Sharing Pilot Program Extension Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-5524/
MLA
"H.R. 5524: Foreign Affiliates Sharing Pilot Program Extension Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-5524/.
Bluebook (legal)
H.R. 5524, 118th Cong. (2026), https://openamerica.io/bill/118-HR-5524/.
Markdown link
[H.R. 5524: Foreign Affiliates Sharing Pilot Program Extension Act](https://openamerica.io/bill/118-HR-5524/)
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