3.0.0 5602 2023-01-11T13:32:42Z 2023-01-11T13:32:42Z House HR 2016-06-28 114 [Congressional Record Volume 162, Number 104 (Tuesday, June 28, 2016)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LYNCH:H.R. 5602.Congress has the power to enact this legislation pursuantto the following:Article 1 section 8 Clause 18 of the United StatesConstitution.[Page H4187]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Discharged from 2016-12-10T06:57:13Z Referred to 2016-07-12T19:18:12Z hsba00 Financial Services Committee House Standing Referred to 2016-06-28T21:02:00Z Enhancing Treasury's Anti-Terror Tools Act 114 5607 HR 2016-07-12 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2016-12-12 Senate Message on Senate action sent to the House. Floor 2016-12-10 Senate Passed Senate with an amendment by Voice Vote. Floor 2016-12-10 Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote. Floor 17000 9 Library of Congress 2016-12-10 Senate Measure laid before Senate by unanimous consent. (consideration: CR S7103) Floor 2016-12-10 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. Discharge 2016-12-10 Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. Committee 14500 9 Library of Congress ssbk00 Banking, Housing, and Urban Affairs Committee 2016-12-05 Senate Senate vitiated previous discharge from the Senate Committee on Banking, Housing, and Urban Affairs. Floor 2016-12-05 Senate Senate vitiated previous passage. (consideration: CR S6688, S6716) Floor 2016-12-05 Senate Passed Senate with an amendment by Voice Vote. Floor 2016-12-05 Passed/agreed to in Senate: Passed Senate with an amendment by Voice Vote. Floor 17000 9 Library of Congress 2016-12-05 Senate Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. Floor 2016-12-05 Senate Measure laid before Senate by unanimous consent. (consideration: CR S6683-6684) Floor 2016-07-12 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2016-07-11 18:53:51 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2016-07-11 18:53:50 On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 356 - 47 (Roll no. 401). (text: CR H4590) Floor H37300 2 House floor actions 401 https://clerk.house.gov/evs/2016/roll401.xml House 114 2016-07-11T22:53:50Z 2 2016-07-11 18:53:50 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 356 - 47 (Roll no. 401).(text: CR H4590) Floor 8000 9 Library of Congress 401 https://clerk.house.gov/evs/2016/roll401.xml House 114 2016-07-11T22:53:50Z 2 2016-07-11 18:32:15 Considered as unfinished business. (consideration: CR H4622-4623) Floor H30000 2 House floor actions 2016-07-11 15:12:22 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. Floor H37220 2 House floor actions 2016-07-11 15:04:44 DEBATE - The House proceeded with forty minutes of debate on H.R. 5602. Floor H8D000 2 House floor actions 2016-07-11 15:04:42 Considered under suspension of the rules. (consideration: CR H4590-4591) Floor H30000 2 House floor actions 2016-07-11 15:04:32 Mr. Fitzpatrick moved to suspend the rules and pass the bill. Floor H30300 2 House floor actions 2016-06-28 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2016-06-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2016-06-28 Introduced in House IntroReferral 1000 9 Library of Congress L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 N K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2016-06-28 True W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 2016-07-11 False F000451 Rep. Fitzpatrick, Michael G. [R-PA-8] Michael Fitzpatrick R PA G. 8 2016-07-11 False M001137 Rep. Meeks, Gregory W. [D-NY-5] GREGORY MEEKS D NY W. 5 2016-07-11 False S001187 Rep. Stivers, Steve [R-OH-15] Steve Stivers R OH 15 2016-07-11 False P000611 Rep. Poliquin, Bruce [R-ME-2] Bruce Poliquin R ME 2 2016-07-11 False P000606 Rep. Pittenger, Robert [R-NC-9] Robert Pittenger R NC 9 2016-07-11 False E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2016-07-11 False B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 2016-07-11 False F000454 Rep. Foster, Bill [D-IL-11] Bill Foster D IL 11 2016-07-11 False S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2016-07-11 False H001072 Rep. Hill, J. French [R-AR-2] J. Hill R AR French 2 2016-07-11 False G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2016-07-11 False Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Business records Currency Finance and Financial Sector 00 2016-06-28 Introduced in House 2016-07-13T14:19:38Z This bill revises the authority of the Department of the Treasury to issue an order imposing recordkeeping and reporting requirements upon financial institutions and nonfinancial trade or business groups in certain geographic areas regarding transactions for the payment, receipt, or transfer of U.S. coins or currency (or other monetary instruments as Treasury may describe in an order).

A Treasury order for recordkeeping and reporting may include all funds (not just U.S. coins or currency) involved in such transactions.

]]> 81 2016-07-11 Passed House without amendment 2016-07-13T14:23:10Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

(Sec. 1) This bill revises the authority of the Department of the Treasury to issue an order imposing recordkeeping and reporting requirements upon financial institutions and nonfinancial trade or business groups in certain geographic areas regarding transactions for the payment, receipt, or transfer of U.S. coins or currency (or other monetary instruments as Treasury may describe in an order).

A Treasury order for recordkeeping and reporting may include all funds (not just U.S. coins or currency) involved in such transactions.

]]> 35 2016-12-10 Passed Senate amended 2017-06-08T14:02:51Z TITLE I--ENHANCING ANTITERRORISM TOOLS OF THE DEPARTMENT OF THE TREASURY

(Sec. 101) This bill revises the authority of the Department of the Treasury to issue an order imposing recordkeeping and reporting requirements upon financial institutions and nonfinancial trade or business groups in certain geographic areas regarding transactions for the payment, receipt, or transfer of U.S. coins or currency (or other monetary instruments as Treasury may describe in an order).

A Treasury order for recordkeeping and reporting may include all funds (not just U.S. coins or currency) involved in such transactions.

(Sec. 102) To improve the tracking of cross-border fund transfers and identify forms of terrorist financing, Treasury must report on: (1) the efficacy of requiring banking regulators to establish a pilot program to provide technical assistance to depository institutions and credit unions that wish to provide account services to money services businesses serving individuals in Somalia; (2) whether the pilot program could improve the ability of U.S. persons to make legitimate funds transfers through transparent monitored channels while complying with the Bank Secrecy Act and controls aimed at stopping money laundering and the financing of terrorism; and (3) information sharing mechanisms for depository institutions and credit unions to understand whether an individual money services business is meeting its obligations to combat illicit finance.

(Sec. 103) The bill expresses the sense of Congress that the Under Secretary for Terrorism and Financial Crimes should help foreign partners integrate intelligence analytic capacities with anti-money laundering and counter-terrorist financing regimes.

(Sec. 104) Treasury must report on the role of its financial attaches and technical advisors at U.S. embassies and their resources to assist in countering terrorist financing and money laundering.

TITLE II--NATIONAL STRATEGY FOR COMBATING TERRORIST AND OTHER ILLICIT FINANCING

(Sec. 201) Treasury must develop a national strategy with priorities to combat terrorist financing and prevent illicit finance activities within and transiting the U.S. financial system. The strategy must: (1) identify the most significant threats, (2) coordinate enforcement efforts at all levels of government and with international partners, and (3) describe efforts to ensure that data collected by the federal government is available in a timely fashion to agencies and appropriate financial institutions and that agencies make use of publicly available data.

]]> To amend title 31, United States Code, to authorize the Secretary of the Treasury to include all funds when issuing certain geographic targeting orders, and for other purposes. Display Title To amend title 31, United States Code, to authorize the Secretary of the Treasury to include all funds when issuing certain geographic targeting orders, and for other purposes. Official Title as Introduced To amend title 31, United States Code, to authorize the Secretary of the Treasury to include all funds when issuing certain geographic targeting orders, and for other purposes. Introduced in House IH 5127 114 SAMDT In the nature of a substitute. 2020-12-15T19:40:23Z 2016-12-10 Amendment SA 5127 agreed to in Senate by Unanimous Consent. SA 5127 https://www.congress.gov/amendment/114th-congress/senate-amendment/5127 S000320 Sen. Shelby, Richard C. [R-AL] Richard Shelby R AL C. 1 1 B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2016-12-05 True 2016-12-10T05:00:00Z 2016-12-05T05:00:00Z Senate 114 HR House H 5602 To amend title 31, United States Code, to authorize the Secretary of the Treasury to include all funds when issuing certain geographic targeting orders, and for other purposes. 2023-01-11T13:32:42Z 11 2016-12-10 0 Senate Amendment SA 5127 agreed to in Senate by Unanimous Consent. Floor 2016-12-10 0 Senate Amendment SA 5127 proposed by Senator Boozman for Senator Shelby. (consideration: CR S7103) Floor 2016-12-05 ssbk00 Banking, Housing, and Urban Affairs Committee 0 Senate Referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2016-12-05 0 Senate Senate vitiated previous adoption of amendment SA 5127. (consideration: CR S6688, S6716) Floor 2016-12-05 0 Senate Amendment SA 5127 agreed to in Senate by Unanimous Consent. Floor 2016-12-05 0 Senate Amendment SA 5127 proposed by Senator McConnell for Senator Shelby. In the nature of a substitute. Floor 2016-12-05 Senate amendment agreed to: Amendment SA 5127 agreed to in Senate by Unanimous Consent. Floor 94000 9 Library of Congress 2016-12-10 Senate amendment proposed (on the floor): Amendment SA 5127 proposed by Senator Boozman for Senator Shelby.(consideration: CR S7103) Floor 93000 9 Library of Congress 2016-12-10 Senate amendment agreed to: Amendment SA 5127 agreed to in Senate by Unanimous Consent. Floor 94000 9 Library of Congress 2016-12-05 Senate amendment submitted Floor 91000 9 Library of Congress Engrossed Amendment Senate 2016-12-10T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5602eas/xml/BILLS-114hr5602eas.xml Referred in Senate 2016-07-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5602rfs/xml/BILLS-114hr5602rfs.xml Engrossed in House 2016-07-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5602eh/xml/BILLS-114hr5602eh.xml Introduced in House 2016-06-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr5602ih/xml/BILLS-114hr5602ih.xml 2016-12-12 Message on Senate action sent to the House. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.