US HB5606 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 28 2016 - 25% progression, died in chamber
Action: 2016-07-11 - On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 229 - 177 (Roll no. 403).
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 28 2016 - 25% progression, died in chamber
Action: 2016-07-11 - On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 229 - 177 (Roll no. 403).
Text: Latest bill text (Introduced) [PDF]
Summary
Anti-terrorism Information Sharing Is Strength Act This bill amends the USA PATRIOT Act to allow two or more financial institutions and any association of financial institutions, upon notice provided to the Department of the Treasury, to share information with one another regarding individuals, entities, organizations, and countries suspected of the unlawful activity the proceeds of which form the basis of a money laundering offense. A financial institution or association that transmits, receives, or shares such information to identify and report this activity shall not be liable to any person for such disclosure or for any failure to provide notice of it to the subject, or any other person identified in the disclosure, except where the transmission, receipt, or sharing violates the Act or regulations promulgated under it. The bill expresses the sense of Congress concerning the need for federal law enforcement agencies and regulators, as well as financial institutions, to share information about terrorist activities, money laundering activities, and unlawful activities to the fullest extent possible and in a timely fashion.
Title
Anti-terrorism Information Sharing Is Strength Act
Sponsors
Rep. Robert Pittenger [R-NC] | Rep. Maxine Waters [D-CA] | Rep. Stephen Lynch [D-MA] | Rep. Michael Fitzpatrick [R-PA] |
Rep. Peter King [R-NY] | Rep. Gregory Meeks [D-NY] | Rep. Steve Stivers [R-OH] | Rep. Bruce Poliquin [R-ME] |
Rep. Keith Ellison [D-MN] | Rep. French Hill [R-AR] | Rep. Bill Foster [D-IL] | Rep. Al Green [D-TX] |
Roll Calls
House - On Motion to Suspend the Rules and Pass (Y: 229 N: 177 NV: 27 Abs: 0) [FAIL]
House - On Motion to Suspend the Rules and Pass (Y: 229 N: 177 NV: 27 Abs: 0) [FAIL]
House - On Motion to Suspend the Rules and Pass (Y: 229 N: 177 NV: 27 Abs: 0) [FAIL]
House - On Motion to Suspend the Rules and Pass (Y: 229 N: 177 NV: 27 Abs: 0) [FAIL]
House - On Motion to Suspend the Rules and Pass (Y: 229 N: 177 NV: 27 Abs: 0) [FAIL]
History
Date | Chamber | Action |
---|---|---|
2016-07-11 | House | On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 229 - 177 (Roll no. 403). |
2016-07-11 | House | Considered as unfinished business. (consideration: CR H4624) |
2016-07-11 | House | 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. |
2016-07-11 | House | DEBATE - The House proceeded with forty minutes of debate on H.R. 5606. |
2016-07-11 | House | Considered under suspension of the rules. (consideration: CR H4586-4587; text of measure as introduced: CRH4786) |
2016-07-11 | House | Mr. Fitzpatrick moved to suspend the rules and pass the bill. |
2016-06-28 | House | Referred to the House Committee on Financial Services. |
2016-06-28 | House | Introduced in House |
Subjects
Administrative law and regulatory procedures
Banking and financial institutions regulation
Civil actions and liability
Congressional oversight
Criminal justice information and records
Department of the Treasury
Finance and financial sector
Foreign and international banking
Fraud offenses and financial crimes
Terrorism
Banking and financial institutions regulation
Civil actions and liability
Congressional oversight
Criminal justice information and records
Department of the Treasury
Finance and financial sector
Foreign and international banking
Fraud offenses and financial crimes
Terrorism