H.R. 5469 — To require the Secretary of the Treasury to direct the United States Executive Director at the International Monetary Fund to support the capacity of the International Monetary Fund to prevent money laundering and financing of terrorism. | PoliFocus

H.R. 5469114th Congress

To require the Secretary of the Treasury to direct the United States Executive Director at the International Monetary Fund to support the capacity of the International Monetary Fund to prevent money laundering and financing of terrorism.

Subjects

International Affairs

Summary

(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 amends the International Financial Institutions Act to require the Department of the Treasury to: (1) instruct the U.S. Executive Director at the International Monetary Fund (IMF) to support the use of the IMF's administrative budget for technical assistance that strengthens the capacity of IMF members to prevent money laundering and the financing of terrorism; and (2) report, within one year, on the effectiveness of such assistance, on the efficacy of U.S. efforts to achieve such policy goal, and on any further actions needed.

Full Text

Legislative Actions

2016-06-14
Introduced in House
2016-06-14
Introduced in House
2016-06-14
Referred to the House Committee on Financial Services.
2016-07-11
Mr. Fitzpatrick moved to suspend the rules and pass the bill.
2016-07-11
Considered under suspension of the rules. (consideration: CR H4582-4583)
2016-07-11
DEBATE - The House proceeded with forty minutes of debate on H.R. 5469.
2016-07-11
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H4582)
2016-07-11
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H4582)
2016-07-11
Motion to reconsider laid on the table Agreed to without objection.
2016-07-12
Received in the Senate and Read twice and referred to the Committee on Foreign Relations.

Ask about this bill

checking server…

Ask anything about this bill. The AI reads the full text to answer.