House Bill 6872
115th Congress(2017-2018)
To support the capacity of the International Monetary Fund to prevent money laundering and financing of terrorism.
Introduced
Introduced in House on Sep 25, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6872
Congress
115
Policy Area
International Affairs
International Affairs
Primary focus of measure is matters affecting foreign aid, human rights, international law and organizations; national governance; arms control; diplomacy and foreign officials; alliances and collective security. Measures concerning trade agreements, tariffs, foreign investments, and foreign loans may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
This bill amends the International Financial Institutions Act to require: (1) the Department of the Treasury to 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 terrorism financing, and (2) the National Advisory Council on International Monetary and Financial Policies to report on the effectiveness of such assistance and on the efficacy of U.S. efforts to achieve this goal.
September 25, 2018
09/25/2018
Referred to the House Committee on Financial Services.
09/25/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:41:30 PM