HR 5524
118th Congress
House
Finance and Financial Sector
Business records
Foreign and international corporations
Fraud offenses and financial crimes
Public-private cooperation
Foreign Affiliates Sharing Pilot Program Extension Act
Introduced: September 18, 2023
Introduced by:
Garcia, Sylvia R.
Democratic
· Texas
See on congress.gov
Everywhere this bill has been
15 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
Motion to reconsider laid on the table Agreed to without objection.
Dec 12, 2023
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
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 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.
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.
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
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Dec 12, 2023 | House · vote #714 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 396–28 | See who voted → |
Plain-English summary
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.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2
Cosponsors
1