Banking Transparency for Sanctioned Persons Act of 2019

Fact Sheet API

Bill Number

HR 1037

Introduced

Feb 7, 2019

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 2019

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.

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

May 15, 2019

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 14, 2019

Motion to reconsider laid on the table Agreed to without objection.
May 14, 2019

On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3769)
May 14, 2019

Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3769)
May 14, 2019

DEBATE - The House proceeded with forty minutes of debate on H.R. 1037.
May 14, 2019

Considered under suspension of the rules. (consideration: CR H3769-3770)
May 14, 2019

Ms. Waters moved to suspend the rules and pass the bill.
Feb 7, 2019

Referred to the House Committee on Financial Services.
Feb 7, 2019

Introduced in House

Amendments

Related Bills