3.0.0 1638 2023-01-11T13:35:34Z 2023-01-11T13:35:34Z House HR 2017-03-20 115 [Congressional Record Volume 163, Number 48 (Monday, March 20, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. POLIQUIN:H.R. 1638.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 grants Congress the power to``regulate Commerce with foreign Nations, and among theseveral states.''[Page H2241]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2017-12-14T16:19:50Z hsfa00 Foreign Affairs Committee House Standing hsfa13 Middle East, North Africa, and Central Asia Subcommittee Referred to 2017-05-18T15:37:15Z Discharged from 2017-12-08T00:17:41Z Referred to 2017-03-20T16:02:25Z hsba00 Financial Services Committee House Standing Reported by 2017-12-08T00:17:33Z Markup by 2017-11-14T22:24:51Z Referred to 2017-03-20T16:02:20Z H. Rept. 115-453 Providing for consideration of the bill (H.R. 1638) to require the Secretary of the Treasury to submit a report to the appropriate congressional committees on the estimated total assets under direct or indirect control by certain senior Iranian leaders and other figures, and for other purposes, and providing for consideration of the bill (H.R. 4324) to require the Secretary of the Treasury to make certifications with respect to United States and foreign financial institutions' aircraft-related transactions involving Iran, and for other purposes. 115 658 HRES 2017-12-13 Motion to reconsider laid on the table Agreed to without objection. 13:58:00 Related bill House Procedurally-related House Iranian Leadership Asset Transparency Act 115 2353 S 2018-01-29 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2017-12-14 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 2017-12-13 17:27:50 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2017-12-13 17:27:49 On passage Passed by the Yeas and Nays: 289 - 135 (Roll no. 680). Floor H37100 2 House floor actions 680 https://clerk.house.gov/evs/2017/roll680.xml House 115 2017-12-13T22:27:49Z 1 2017-12-13 17:27:49 Passed/agreed to in House: On passage Passed by the Yeas and Nays: 289 - 135 (Roll no. 680). Floor 8000 9 Library of Congress 680 https://clerk.house.gov/evs/2017/roll680.xml House 115 2017-12-13T22:27:49Z 1 2017-12-13 17:20:52 Considered as unfinished business. (consideration: CR H9879-9880) Floor H30000 2 House floor actions 2017-12-13 16:20:08 POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 1638, the Chair put the question on passage and by voice vote announced that the ayes had prevailed. Mr. Hensarling demanded the yeas and nays, and the Chair postponed further proceedings on the question of passage until later in the legislative day. Floor H8D000 2 House floor actions 2017-12-13 16:19:19 The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. (text of amendment in the nature of a substitute: CR H9875-9876) Floor H34400 2 House floor actions 2017-12-13 16:19:03 The previous question was ordered pursuant to the rule. Floor H35000 2 House floor actions 2017-12-13 16:18:23 The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1638. Floor H32600 2 House floor actions 2017-12-13 16:14:03 DEBATE - Pursuant to the provisions of H. Res. 658, the Committee of the Whole proceeded with 10 minutes of debate on the Meng Part A amendment No. 2. Floor H8D000 2 House floor actions 2017-12-13 16:05:08 DEBATE - Pursuant to the provisions of H. Res. 658, the Committee of the Whole proceeded with 10 minutes of debate on the Schneider Part A amendment No. 1. Floor H8D000 2 House floor actions 2017-12-13 14:57:11 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1638. Floor H8D000 2 House floor actions 2017-12-13 14:57:05 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 658 and Rule XVIII. Floor H32020 2 House floor actions 2017-12-13 14:57:05 The Speaker designated the Honorable Paul Mitchell to act as Chairman of the Committee. Floor H32400 2 House floor actions 2017-12-13 14:56:18 Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate on each bill. It also makes in order specified amendments for the bills. Floor H8D000 2 House floor actions 2017-12-13 14:56:13 Considered under the provisions of rule H. Res. 658. (consideration: CR H9868-9878) Floor H30000 2 House floor actions 2017-12-12 16:55:24 Rules Committee Resolution H. Res. 658 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Rule provides for one hour of general debate on each bill. It also makes in order specified amendments for the bills. Floor H1L210 2 House floor actions 2017-12-07 Placed on the Union Calendar, Calendar No. 335. Calendars H12410 2 House floor actions U00335 2017-12-07 Committee on Foreign Affairs discharged. Discharge H12300 2 House floor actions hsfa00 Foreign Affairs Committee 2017-12-07 Committee on Foreign Affairs discharged. Committee 5500 9 Library of Congress hsfa00 Foreign Affairs Committee 2017-12-07 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-453, Part I. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2017-12-07 Reported (Amended) by the Committee on Financial Services. H. Rept. 115-453, Part I. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2017-11-14 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 16. Committee 2017-11-14 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2017-05-18 hsfa13 Middle East, North Africa, and Central Asia Subcommittee 1 House committee actions Referred to the Subcommittee on Middle East and North Africa. Committee 2017-03-20 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsfa00 Foreign Affairs Committee 2017-03-20 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2017-03-20 Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2017-03-20 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-03-20 Introduced in House IntroReferral 1000 9 Library of Congress P000611 Rep. Poliquin, Bruce [R-ME-2] Bruce Poliquin R ME 2 N 2017-12-01T21:00:00Z H.R. 1638, Iranian Leadership Asset Transparency Act https://www.cbo.gov/publication/53359 As ordered reported by the House Committee on Financial Services on November 14, 2017 International Affairs Arms control and nonproliferation Bank accounts, deposits, capital Congressional oversight Criminal investigation, prosecution, interrogation Diplomacy, foreign officials, Americans abroad Foreign and international banking Foreign property Fraud offenses and financial crimes Government information and archives Iran Middle East Nuclear weapons Sanctions International Affairs 00 2017-03-20 Introduced in House 2018-12-12T23:06:59Z Iranian Leadership Asset Transparency Act

This bill requires the Department of the Treasury, in furtherance of efforts to prevent the financing of terrorism, money laundering, or related illicit finance and to make financial institutions' required compliance with remaining sanctions more easily understood, to submit within 270 days and annually thereafter for the next two years a report regarding:

  • the funds or assets held in U.S. and foreign financial institutions that are directly or indirectly controlled by specified Iranian officials;
  • any equity stake such official has in an entity on Treasury's list of Specially Designated Nationals or in any other sanctioned entity;
  • how such funds, assets, or equity interests were acquired and used;
  • new methods used to evade anti-money laundering and related laws, including recommendations to improve techniques to combat illicit uses of the U.S. financial system by each such official;
  • recommendations for revising U.S. economic sanctions against Iran to prevent Iranian officials from using funds or assets to develop and procure ballistic missile technology;
  • how Treasury assesses the effectiveness of U.S. economic sanctions against Iran; and
  • recommendations for improving Treasury's ability to develop and enforce additional economic sanctions against Iran if so ordered by the President.

The unclassified portion of the report shall be made available to the public and posted on Treasury's website in downloadable English, Farsi, Arabic, and Azeri versions.

]]> 36 2017-12-13 Passed House amended 2018-12-12T23:08:26Z Iranian Leadership Asset Transparency Act

(Sec. 3) This bill requires the Department of the Treasury, in furtherance of efforts to prevent terrorism financing, money laundering, or illicit finance and to make financial institutions' sanctions compliance more easily understood, to report to Congress within 270 days and annually thereafter for the next two years regarding:

  • the funds or assets held in U.S. and foreign financial institutions that are controlled by specified Iranian officials;
  • any equity stake such official has in an entity on Treasury's list of Specially Designated Nationals or in any other sanctioned entity;
  • how such funds, assets, or equity interests were acquired and used;
  • new methods used to evade anti-money laundering and related laws, including recommendations to improve techniques to combat illicit uses of the U.S. financial system by each such official;
  • recommendations for revising U.S. economic sanctions against Iran to prevent Iranian officials from using funds or assets to develop and procure ballistic missile technology;
  • how Treasury assesses the effectiveness of U.S. economic sanctions against Iran; and
  • recommendations for improving Treasury's ability to develop and enforce additional economic sanctions against Iran.

The unclassified portion of the report shall be made available to the public and posted on Treasury's website in downloadable English, Farsi, Arabic, and Azeri versions.

(Sec. 4) It is the sense of Congress that in preparing the reports pursuant to this bill Treasury should consider acquiring information from sources that: (1) collect high-veracity official records; or (2) provide search and analysis tools that enable law enforcement to have new insights into commercial and financial relationships.

]]> Iranian Leadership Asset Transparency Act Display Title Iranian Leadership Asset Transparency Act Official Title as Introduced To require the Secretary of the Treasury to submit a report to the appropriate congressional committees on the estimated total assets under direct or indirect control by certain senior Iranian leaders and other figures, and for other purposes. Introduced in House IH Short Titles as Introduced Iranian Leadership Asset Transparency Act Short Titles as Reported to House Iranian Leadership Asset Transparency Act H House Short Titles as Passed House Iranian Leadership Asset Transparency Act H House 499 115 HAMDT An amendment numbered 2 printed in Part A of House Report 115-463 to require the report created by this bill to include "an assessment of the impact and effectiveness of U.S. economic sanctions programs against Iran". An amendment numbered 2 printed in Part A of House Report 115-463 to require the report created by this bill to include "an assessment of the impact and effectiveness of U.S. economic sanctions programs against Iran". 2020-12-15T16:33:30Z 2017-12-13 On agreeing to the Meng amendment (A002) Agreed to by voice vote. 16:17:28 M001188 Rep. Meng, Grace [D-NY-6] Grace Meng D NY 6 2017-12-13T05:00:00Z House of Representatives 115 HR House H 1638 Iranian Leadership Asset Transparency Act 2023-01-11T13:35:34Z House Report 115-463 https://www.congress.gov/congressional-report/115th-congress/house-report/463 7 2017-12-13 16:17:28 On agreeing to the Meng amendment (A002) Agreed to by voice vote. Floor H32111 2 House floor actions 2017-12-13 16:13:56 Amendment (A002) offered by Ms. Meng. (consideration: CR H9877-9878; text: CR H9877) Floor H3A100 2 House floor actions 2017-12-13 House amendment offered Floor 71000 9 Library of Congress 2017-12-13 16:13:56 House amendment offered/reported by: Amendment (A002) offered by Ms. Meng.(consideration: CR H9877-9878; text: CR H9877) NotUsed 71500 9 Library of Congress 2017-12-13 16:17:28 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2017-12-13 16:17:28 House amendment agreed to: On agreeing to the Meng amendment (A002) Agreed to by voice vote. Floor 72000 9 Library of Congress 498 115 HAMDT An amendment numbered 1 printed in Part A of House Report 115-463 to amend the reporting requirement on recommendations for how U.S. economic sanctions against Iran may be revised to prevent funds or assets from being used to contribute to the continued development of Iran's ballistic missile program to also include human rights abuses. An amendment numbered 1 printed in Part A of House Report 115-463 to amend the reporting requirement on recommendations for how U.S. economic sanctions against Iran may be revised to prevent funds or assets from being used to contribute to the continued development of Iran's ballistic missile program to also include human rights abuses. 2020-12-15T16:33:30Z 2017-12-13 On agreeing to the Schneider amendment (A001) Agreed to by voice vote. 16:13:33 S001190 Rep. Schneider, Bradley Scott [D-IL-10] Bradley Schneider D IL Scott 10 2017-12-13T05:00:00Z House of Representatives 115 HR House H 1638 Iranian Leadership Asset Transparency Act 2023-01-11T13:35:34Z House Report 115-463 https://www.congress.gov/congressional-report/115th-congress/house-report/463 7 2017-12-13 16:13:33 On agreeing to the Schneider amendment (A001) Agreed to by voice vote. Floor H32111 2 House floor actions 2017-12-13 16:05:04 Amendment (A001) offered by Mr. Schneider. (consideration: CR H9876-9877; text: CR H9867) Floor H3A100 2 House floor actions 2017-12-13 House amendment offered Floor 71000 9 Library of Congress 2017-12-13 16:05:04 House amendment offered/reported by: Amendment (A001) offered by Mr. Schneider.(consideration: CR H9876-9877; text: CR H9867) NotUsed 71500 9 Library of Congress 2017-12-13 16:13:33 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2017-12-13 16:13:33 House amendment agreed to: On agreeing to the Schneider amendment (A001) Agreed to by voice vote. Floor 72000 9 Library of Congress Referred in Senate 2017-12-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1638rfs/xml/BILLS-115hr1638rfs.xml Engrossed in House 2017-12-13T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1638eh/xml/BILLS-115hr1638eh.xml Reported in House 2017-12-07T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1638rh/xml/BILLS-115hr1638rh.xml Introduced in House 2017-03-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr1638ih/xml/BILLS-115hr1638ih.xml 2017-12-14 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.