Pipeline · Bill → Law
Step 1
Introduced
Sep 14, 2023
Step 2
Referred
Sep 14, 2023
Financial Services
Step 3
Committee
Sep 20, 2023
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill requires the Department of the Treasury to annually report to Congress details of reports made to the Financial Crimes Enforcement Network (FinCEN). FinCEN collects reports on suspicious financial transactions and the beneficial ownership of companies in order to detect financial crimes, including money laundering. Under the bill, FinCEN must report on the number and types of reports and whether they are retained by FinCEN, any guidance regarding outside agency access to these reports, agency requests for these reports, and any denials of access. Treasury must annually review access guidance and revise as appropriate to protect the legal rights of U.S persons, among other objec...
Timeline · 6 actions
Dec 13, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-317.
Dec 13, 2023
Placed on the Union Calendar, Calendar No. 256.
Sep 20, 2023
Committee Consideration and Mark-up Session Held
Sep 20, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 47 - 0.
Sep 14, 2023
Introduced in House
Sep 14, 2023
Referred to the House Committee on Financial Services.