Banking Transparency for Sanctioned Persons Act of 2018
United States115th CongressHR-6751House of Representatives
Updated: Sep 27, 2018
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.
Bill texts
Timeline
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H9065-9066)
House of Representatives
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)
Motion to reconsider laid on the table Agreed to without objection.
House of Representatives
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Senate