To provide a safe harbor for financial institutions that maintain a customer account at the request of a Federal or State law enforcement agency.
Cooperate with Law Enforcement Agencies and Watch Act of 2018
(Sec. 2) This bill limits a financial institution's liability for maintaining a customer account in compliance with a written request by a federal, state, tribal, or local law enforcement agency. A federal or state agency may not take an adverse supervisory action against a financial institution with respect to maintaining an account consistent with such a request.
Message on House action received in Senate and at desk: House amendments to Senate bill.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 55 - 0.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-780.
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-780.
Placed on the Union Calendar, Calendar No. 606.
Mr. Hill moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H5585-5586)
DEBATE - The House proceeded with forty minutes of debate on H.R. 5783.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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Considered as unfinished business. (consideration: CR H5621-5622)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 379 - 4 (Roll no. 290).(text: CR H5585-5586)
Roll Call #290 (House)On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 379 - 4 (Roll no. 290). (text: CR H5585-5586)
Roll Call #290 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.