House Simple Resolution 206
116th Congress(2019-2020)
Acknowledging that the lack of sunlight and transparency in financial transactions poses a threat to our national security and our economy's security and supporting efforts to close related loopholes.
Active
Passed House on Mar 13, 2019
Origin Chamber
House
Type
Simple Resolution
Simple Resolution
A form of legislative measure introduced and potentially acted upon by only one congressional chamber and used for the regulation of business only within the chamber of origin. Depending on the chamber of origin, they begin with a designation of either H.Res. or S.Res. Joint resolutions and concurrent resolutions are other types of resolutions.
Bill Number
206
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
checkPassed on March 13, 2019
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and agree to the resolution, as amended Agreed to by voice vote.(text: CR H2697)
Summary
This resolution acknowledges the risks posed to national security by corruption, money laundering, and terror financing and supports efforts to close loopholes that allow such activity in the U.S. financial system. The resolution encourages increased transparency to detect those engaged in money laundering and other financial crimes. The resolution also affirms that those participating in such activities should be held accountable and urges financial institutions to comply with applicable laws and regulations.
03/13/2019
The title of the measure was amended. Agreed to without objection.
03/13/2019
On motion to suspend the rules and agree to the resolution, as amended Agreed to by voice vote. (text: CR H2697)
03/13/2019
Passed/agreed to in House: On motion to suspend the rules and agree to the resolution, as amended Agreed to by voice vote.(text: CR H2697)
03/13/2019
DEBATE - The House proceeded with forty minutes of debate on H. Res. 206.
03/13/2019
Considered under suspension of the rules. (consideration: CR H2697-2701)
03/13/2019
Ms. Waters moved to suspend the rules and agree to the resolution, as amended.
03/08/2019
Referred to the House Committee on Financial Services.
03/08/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 5:32:19 PM