H.R.4386: Money Remittances Improvement Act of 2014

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about finance and financial sector
You can read the bill
Sponsor Keith Ellison, D-Minn.
Total Cosponsors 10 (4 Democrats, 6 Republicans)
Introduced April 3, 2014
Latest Major Action Aug. 8, 2014
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

(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.

(Source: Congressional Research Service)

Bill Actions

Date Description
Aug. 8, 2014 Became Public Law No: 113-156.
Aug. 8, 2014 Signed by President.
Aug. 4, 2014 Presented to President.
Aug. 1, 2014 Message on Senate action sent to the House.
Aug. 1, 2014 Passed Senate without amendment by Unanimous Consent.
Aug. 1, 2014 Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5329)
May 7, 2014 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 6, 2014 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3422-3423)
May 6, 2014 DEBATE - The House proceeded with forty minutes of debate on H.R. 4386.
May 6, 2014 Considered under suspension of the rules. (consideration: CR H3422-3424)
May 6, 2014 Mrs. Capito moved to suspend the rules and pass the bill.
April 3, 2014 Referred to the House Committee on Financial Services.