Banking Transparency for Sanctioned Persons Act of 2018

Fact Sheet API

Bill Number

HR 6751

Introduced

Sep 7, 2018

Latest Action

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

Sponsor

Cosponsors

Topics

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

Full Text

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Votes

Summary

Banking Transparency for Sanctioned Persons Act of 2018

(Sec. 2) 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.

(Sec. 3) 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.

Actions

Sep 27, 2018

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 26, 2018

Motion to reconsider laid on the table Agreed to without objection.
Sep 26, 2018

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H9065-9066)
Sep 26, 2018

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H9065-9066)
Sep 26, 2018

DEBATE - The House proceeded with forty minutes of debate on H.R. 6751.
Sep 26, 2018

Considered under suspension of the rules. (consideration: CR H9065-9067)
Sep 26, 2018

Mr. Tipton moved to suspend the rules and pass the bill, as amended.
Sep 26, 2018

Placed on the Union Calendar, Calendar No. 767.
Sep 26, 2018

Reported (Amended) by the Committee on Financial Services. H. Rept. 115-982.
Sep 13, 2018

Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
Sep 13, 2018

Committee Consideration and Mark-up Session Held.
Sep 7, 2018

Referred to the House Committee on Financial Services.
Sep 7, 2018

Introduced in House

Amendments

Related Bills