Money Remittances Improvement Act of 2014

Bill: 113-hr-4386
Sponsor: Rep. Ellison, Keith [D-MN-5]
Introduced: 2014-04-03 in the House
Policy area: Finance and Financial Sector
Subjects: Accounting and auditing
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Business records
Department of the Treasury
Federal officials
Fraud offenses and financial crimes
Intergovernmental relations
State and local government operations

Summary:
action_date: 2014-04-03
text: 
Money Remittances Improvement Act of 2014 - Authorizes the Secretary of the Treasury, with respect to compliance with reporting requirements for monetary instrument transactions of financial institutions, to rely upon examinations conducted by a state supervisory agency of a category of financial institution if: (1) the category is required to comply with federal requirements, or (2) the state supervisory agency examines the category for compliance with federal requirements.
 
Instructs the Secretary to consult with state supervisory agencies when issuing rules to implement this Act.

action_date: 2014-05-06
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Money Remittances Improvement Act of 2014 - Authorizes the Secretary of the Treasury, with respect to compliance with reporting requirements for monetary instrument transactions of financial institutions, to rely upon examinations conducted by a state supervisory agency of a category of financial institution if: (1) the category is required to comply with federal requirements, or (2) the state supervisory agency examines the category for compliance with federal requirements.
 
Instructs the Secretary to consult with state supervisory agencies when issuing rules to implement this Act.

action_date: 2014-08-01
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Money Remittances Improvement Act of 2014 - Authorizes the Secretary of the Treasury, with respect to compliance with reporting requirements for monetary instrument transactions of financial institutions, to rely upon examinations conducted by a state supervisory agency of a category of financial institution if: (1) the category is required to comply with federal requirements, or (2) the state supervisory agency examines the category for compliance with federal requirements.
 
Instructs the Secretary to consult with state supervisory agencies when issuing rules to implement this Act.

action_date: 2014-08-08
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Money Remittances Improvement Act of 2014 - Authorizes the Secretary of the Treasury, with respect to compliance with reporting requirements for monetary instrument transactions of financial institutions, to rely upon examinations conducted by a state supervisory agency of a category of financial institution if: (1) the category is required to comply with federal requirements, or (2) the state supervisory agency examines the category for compliance with federal requirements.
 
Instructs the Secretary to consult with state supervisory agencies when issuing rules to implement this Act.


Legislative actions:
action_date: 2014-08-08
text: Became Public Law No: 113-156.
action_date: 2014-08-08
text: Became Public Law No: 113-156.
action_date: 2014-08-08
text: Signed by President.
action_date: 2014-08-08
text: Signed by President.
action_date: 2014-08-04
text: Presented to President.
action_date: 2014-08-04
text: Presented to President.
action_date: 2014-08-01
text: Message on Senate action sent to the House.
action_date: 2014-08-01
text: Passed Senate without amendment by Unanimous Consent.
action_date: 2014-08-01
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
action_date: 2014-08-01
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5329)
action_date: 2014-08-01
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S5329)
action_date: 2014-05-07
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2014-05-06
text: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3422-3423)
action_date: 2014-05-06
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3422-3423)
action_date: 2014-05-06
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 4386.
action_date: 2014-05-06
text: Considered under suspension of the rules. (consideration: CR H3422-3424)
action_date: 2014-05-06
text: Mrs. Capito moved to suspend the rules and pass the bill.
action_date: 2014-04-03
text: Referred to the House Committee on Financial Services.
action_date: 2014-04-03
text: Introduced in House
action_date: 2014-04-03
text: Introduced in House

Enacted as: number: 113-156