H.R.7824: Taylor Force Martyr Payment Prevention Act of 2022

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Bill Summary

Taylor Force Martyr Payment Prevention Act of 2022 This bill expands the institutional factors the Department of the Treasury must consider when making a finding that a foreign financial institution is of primary money laundering concern and is therefore subject to special measures, including the prohibition of opening or maintaining correspondent accounts in U.S financial institutions. Specifically, Treasury must consider (1) the extent to...

(Source: Library of Congress)

Bill Actions

Date Description
May 18, 2022
Referred to the House Committee on Financial Services.
May 18, 2022

Introduced in the House by Doug Lamborn (R-Colo.)

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