H.R.5308: Terrorist Asset Seizure Reform Act of 2016

About This Bill

Bill Cosponsors

3 (1 Democrat, 2 Republicans)

Bill Version

Bill Summary

Terrorist Asset Seizure Reform Act of 2016 This bill directs the Department of the Treasury to require each financial institution to transfer annually to it all amounts of interest it has paid on certain frozen bank accounts, which shall be deposited into the Confiscated Assets Fund establish by this bill. With respect to certain frozen assets of a foreign terrorist organization or a specially designated terrorist, including a Specially...

(Source: Library of Congress)

Bill Actions

Date Description
Sept. 7, 2016
Referred to the Subcommittee on Terrorism, Nonproliferation, and Trade.
June 2, 2016
Referred to the Subcommittee on Emergency Preparedness, Response and Communications.
May 23, 2016
Referred to House Homeland Security
May 23, 2016
Referred to House Foreign Affairs
May 23, 2016

Introduced in the House by Daniel M. Donovan (R-N.Y.)

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