US Congress House Bill 1638 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on December 14 2017 - 50% progression, died in committee
Action: 2017-12-14 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

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

Rep. Bruce Poliquin [R-ME]

2017-12-13 - House - On passage RC# 680 (Y: 289 N: 135 NV: 7 Abs: 0) [PASS]

Date	Chamber	Action
2017-12-14	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2017-12-13	House	Motion to reconsider laid on the table Agreed to without objection.
2017-12-13	House	On passage Passed by the Yeas and Nays: 289 - 135 (Roll no. 680).
2017-12-13	House	Considered as unfinished business. (consideration: CR H9879-9880)
2017-12-13	House	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.
2017-12-13	House	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)
2017-12-13	House	The previous question was ordered pursuant to the rule.
2017-12-13	House	The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1638.
2017-12-13	House	H.Amdt.499 On agreeing to the Meng amendment (A002) Agreed to by voice vote.
2017-12-13	House	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.
2017-12-13	House	H.Amdt.499 Amendment (A002) offered by Ms. Meng. (consideration: CR H9877-9878; text: CR H9877)
2017-12-13	House	H.Amdt.498 On agreeing to the Schneider amendment (A001) Agreed to by voice vote.
2017-12-13	House	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.
2017-12-13	House	H.Amdt.498 Amendment (A001) offered by Mr. Schneider. (consideration: CR H9876-9877; text: CR H9867)
2017-12-13	House	GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1638.
2017-12-13	House	House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 658 and Rule XVIII.
2017-12-13	House	The Speaker designated the Honorable Paul Mitchell to act as Chairman of the Committee.
2017-12-13	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.
2017-12-13	House	Considered under the provisions of rule H. Res. 658. (consideration: CR H9868-9878)
2017-12-12	House	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.
2017-12-07	House	Placed on the Union Calendar, Calendar No. 335.
2017-12-07	House	Committee on Foreign Affairs discharged.
2017-12-07	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 115-453, Part I.
2017-11-14	House	Ordered to be Reported (Amended) by the Yeas and Nays: 43 - 16.
2017-11-14	House	Committee Consideration and Mark-up Session Held.
2017-05-18	House	Referred to the Subcommittee on Middle East and North Africa.
2017-03-20	House	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.
2017-03-20	House	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.
2017-03-20	House	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.
2017-03-20	House	Introduced in House

HR658 (Related) 2017-12-13 - Motion to reconsider laid on the table Agreed to without objection.
SB2353 (Related) 2018-01-29 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/1638/all-info
Text	https://www.congress.gov/115/bills/hr1638/BILLS-115hr1638ih.pdf
Text	https://www.congress.gov/115/bills/hr1638/BILLS-115hr1638rh.pdf
Text	https://www.congress.gov/115/bills/hr1638/BILLS-115hr1638eh.pdf
Roll Call	https://clerk.house.gov/Votes/2017680