Money Remittances Improvement Act of 2014
Latest action · Aug 8, 2014 Became Public Law No: 113-156.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedApr 3, 2014
- Passed HouseMay 6, 2014
- Passed SenateAug 1, 2014
- To the PresidentAug 4, 2014
- Became lawAug 8, 2014Public Law 113-156
Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Money Remittances Improvement Act of 2014 - Authorizes the Secretary of the Treasury, with respect to compliance with reporting requirements for monetary instrument transactions of financial institutions, to rely upon examinations conducted by a state supervisory agency of a category of financial institution if: (1) the category is required to comply with federal requirements, or (2) the state supervisory agency examines the category for compliance with federal requirements.
Instructs the Secretary to consult with state supervisory agencies when issuing rules to implement this Act.
Cosponsors 10
Members who signed on, in the order they did. Signatures ran from Apr 3, 2014 to May 6, 2014; 8 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-WA | Adam Smith | Original | Apr 3, 2014 |
| D-NY | Carolyn B. Maloney | Original | Apr 3, 2014 |
| R-MN | Erik Paulsen | Original | Apr 3, 2014 |
| R-ND | Kevin Cramer | Original | Apr 3, 2014 |
| R-NY | Peter T. King | Original | Apr 3, 2014 |
| R-NC | Robert Pittenger | Original | Apr 3, 2014 |
| D-TX | Ruben Hinojosa | Original | Apr 3, 2014 |
| R-WI | Sean P. Duffy | Original | Apr 3, 2014 |
| R-NC | Patrick T. McHenry | Apr 29, 2014 | |
| D-CA | Karen Bass | May 6, 2014 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Apr 3, 2014 |
| Senate | Banking, Housing, and Urban Affairs Committee | Referred May 7, 2014Discharged Aug 1, 2014 |
Actions 14
Everything that happened, newest first.
- Aug 8, 2014Signed by President.
- Aug 8, 2014Became Public Law No: 113-156.
- Aug 4, 2014Presented to President.
- Aug 1, 2014Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S5329)
- Aug 1, 2014Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5329)
- Aug 1, 2014Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
- Aug 1, 2014Message on Senate action sent to the House.
- May 7, 2014Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- May 6, 2014Mrs. Capito moved to suspend the rules and pass the bill.
- May 6, 2014Considered under suspension of the rules. (consideration: CR H3422-3424)
- May 6, 2014DEBATE - The House proceeded with forty minutes of debate on H.R. 4386.
- May 6, 2014Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3422-3423)
- Apr 3, 2014Introduced in House
- Apr 3, 2014Referred to the House Committee on Financial Services.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S5329 | Harry Reid D-NV | Aug 1, 2014 |
| House | Debate and remarks H3422–H3424Text printed H3422 | Keith Ellison D-MN, Maxine Waters D-CA, Sean P. Duffy R-WI, Shelley Moore Capito R-WV | May 6, 2014 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H2908.
CRS reports 5
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 5
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R43217 | Remittances: Background and Issues for the 118th Congress | Report | May 10, 2023 |
| R46486 | Telegraphs, Steamships, and Virtual Currency: An Analysis of Money Transmitter Regulation Archived | Report | Aug 20, 2020 |
| R44630 | U.S. Withdrawal from Free Trade Agreements: Frequently Asked Legal Questions | Report | Sep 7, 2016 |
| R43655 | U.S.-Africa Leaders Summit: Frequently Asked Questions and Background Archived | Report | Jul 31, 2014 |
| R43323 | Defense: FY2014 Authorization and Appropriations Archived | Report | Jan 8, 2014 |
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1694 | Money Remittances Improvement Act of 2013 | Related bill | Apr 24, 2013 |
| S 1840 | Money Remittances Improvement Act of 2013 | Related bill | Dec 17, 2013 |
| S 2208 | Money Remittances Improvement Act of 2014 | Identical bill | Apr 3, 2014 |
Titles 5
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To allow the Secretary of the Treasury to rely on State examinations for certain financial institutions, and for other purposes.
- Short Titles as Introduced
- Money Remittances Improvement Act of 2014
- Short Titles as Passed House
- Money Remittances Improvement Act of 2014
- Short Titles as Passed Senate
- Money Remittances Improvement Act of 2014
- Short Titles as Enacted
- Money Remittances Improvement Act of 2014
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
- Accounting and auditing
- Administrative law and regulatory procedures
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Business records
- Department of the Treasury
- Federal officials
- Finance and Financial Sector
- Fraud offenses and financial crimes
- Intergovernmental relations
- State and local government operations
Text 4
Each version as it was printed, newest first.
- —Enrolled Bill
- May 7, 2014Referred in Senate
- May 6, 2014Engrossed in House
- Apr 3, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
