Financial Technology Protection Act

3.0.0 56 2022-11-01T14:47:38Z 2022-11-01T14:47:38Z House HR 2019-01-03 116 [Congressional Record Volume 165, Number 1 (Thursday, January 3, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BUDD:H.R. 56.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3, providing the power to``regulate commerce with foreign nations, and among theseveral states.''[Page H212]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2019-01-29T15:43:50Z hsba00 Financial Services Committee House Standing Referred to 2019-01-03T16:10:30Z 2019-01-29 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 2019-01-28 18:07:07 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2019-01-28 18:07:05 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1227-1228) Floor H37300 2 House floor actions 2019-01-28 18:07:05 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H1227-1228) Floor 8000 9 Library of Congress 2019-01-28 17:42:55 DEBATE - The House proceeded with forty minutes of debate on H.R. 56. Floor H8D000 2 House floor actions 2019-01-28 17:42:54 Considered under suspension of the rules. (consideration: CR H1227-1231) Floor H30000 2 House floor actions 2019-01-28 17:42:44 Ms. Waters moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2019-01-03 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-01-03 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-01-03 Introduced in House IntroReferral 1000 9 Library of Congress B001305 Rep. Budd, Ted [R-NC-13] Ted Budd R NC 13 N L000562 Rep. Lynch, Stephen F. [D-MA-8] Stephen Lynch D MA F. 8 2019-01-03 True M001187 Rep. Meadows, Mark [R-NC-11] Mark Meadows R NC 11 2019-01-22 False S001200 Rep. Soto, Darren [D-FL-9] Darren Soto D FL 9 2019-01-22 False D000626 Rep. Davidson, Warren [R-OH-8] Warren Davidson R OH 8 2019-01-22 False Finance and Financial Sector Advanced technology and technological innovations Computer security and identity theft Computers and information technology Congressional oversight Crime prevention Criminal investigation, prosecution, interrogation Currency Fraud offenses and financial crimes Government trust funds Research administration and funding Research and development Terrorism Finance and Financial Sector

00 2019-01-03 Introduced in House 2019-01-18T15:40:10Z Financial Technology Protection Act

This bill provides for the investigation of new financial technologies (e.g., digital currencies) and their use in terrorism and other illicit activities.

The bill establishes the Independent Financial Technology Task Force to Combat Terrorism and Illicit Financing, which must research terrorist and illicit use of new financial technologies and issue an annual report.

The bill directs the Department of the Treasury to provide a reward for a person who provides information leading to the conviction of an individual involved with terrorist use of digital currencies.

The bill establishes the FinTech Leadership in Innovation and Financial Intelligence Program to support the development of tools and programs to detect terrorist and illicit use of digital currencies.

]]>

53 2019-01-28 Passed House 2019-03-28T19:49:17Z Financial Technology Protection Act

This bill provides for the investigation of new financial technologies (e.g., digital currencies) and their use in terrorism and other illicit activities.

The bill directs the Department of the Treasury to provide a reward for a person who provides information leading to the conviction of an individual involved with terrorist use of digital currencies.

]]>

Financial Technology Protection Act Display Title Financial Technology Protection Act Short Title(s) as Passed House Financial Technology Protection Act H House Engrossed in House EH Official Title as Introduced To establish an Independent Financial Technology Task Force to Combat Terrorism and Illicit Financing, to provide rewards for information leading to convictions related to terrorist use of digital currencies, to establish a Fintech Leadership in Innovation and Financial Intelligence Program to encourage the development of tools and programs to combat terrorist and illicit use of digital currencies, and for other purposes. Engrossed in House EH Short Titles as Passed House Financial Technology Protection Act H House Short Title(s) as Introduced Financial Technology Protection Act Introduced in House IH Referred in Senate 2019-01-29T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr56rfs/xml/BILLS-116hr56rfs.xml Engrossed in House 2019-01-28T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr56eh/xml/BILLS-116hr56eh.xml Introduced in House 2019-01-03T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr56ih/xml/BILLS-116hr56ih.xml 2019-01-29 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.