Banking Transparency for Sanctioned Persons Act of 2019

United States116th CongressHR-1037House of Representatives
Updated: May 15, 2019

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.

Bill texts

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Timeline

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

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

    House of Representatives

  3. Motion to reconsider laid on the table Agreed to without objection.

    House of Representatives

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

    Senate