Bank Accounts, Deposits, Capital
US Congress 114th Congress
Access to Better Care Act of 2016 [HB-5652]
[Healthcare ]
[Medicare and Medicaid ]
[Taxes ]
[Insurance ]
[Public Health ]
Access to Better Care Act of 2016 This bill amends the Internal Revenue Code to permit a health plan with no deductible for medical management of a chronic disease to be treated as a high deductible health plan for purposes of health savings account eligibility requirements. A chronic condition or disease must be expected to last for more than one year, limit what a person can do, and require ongoing medical monitoring. Medical management of a chronic disease is medical care which has the primary purpose of managing the condition or disease by preventing
(continued...)
Sponsored by: Rep. Earl Blumenauer
Introduced In House on 07/07/2016
Spread the world
Gettr US Congress 114th Congress
Iran Accountability Act of 2016 [HB-5631]
[Human Rights ]
[International ]
[National Security ]
Iran Accountability Act of 2016 This bill prescribes requirements for mandatory sanctions with respect to: Iran's Revolutionary Guard Corps (IRGC), its agents, and persons or entities it owns; Mahan Air; Iran's support of terrorism and money laundering; Iran's human rights abuses; certain Iranian individuals, including the Supreme Leader of Iran and the President of Iran; persons who conduct transactions with or on behalf of certain Iranian individuals; persons that support or are involved in Iran's ballistic missile program; and financial institutions
(continued...)
Sponsored by: Rep. Steve Scalise
Referred To The Subcommittee On Trade. on 07/15/2016
Spread the world
US Congress 114th Congress
Enhancing Treasury's Anti-Terror Tools Act [HB-5607]
[Finance ]
[International ]
[National Security ]
[Law Enforcement ]
[Cybersecurity ]
[Crime ]
Enhancing Treasury's Anti-Terror Tools Act (Sec. 2) This bill instructs the Department of the Treasury to report to Congress on the employment by U.S. embassies of full-time and temporary Treasury attaches and their role in advancing U.S. anti-terrorism financing interests, including concerning: how Treasury's interests relating to anti-terror finance, money laundering, and related illicit finance issues are handled at other embassies; issues identified by Treasury attaches concerning anti-terror finance, money laundering, and related illicit finance;
(continued...)
Sponsored by: Rep. Gregory W. Meeks
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 07/12/2016
Spread the world
US Congress 114th Congress
Kleptocracy Asset Recovery Rewards Act [HB-5603]
[Finance ]
[International ]
[Law Enforcement ]
[National Security ]
[Funding ]
[Grants ]
[Budget and Spending ]
Kleptocracy Asset Recovery Rewards Act This bill establishes in the Department of the Treasury a Kleptocracy Asset Recovery Rewards Program for the payment of rewards to support U.S. government programs and investigations aimed at eliminating from accounts at U.S. financial institutions any stolen assets linked to foreign government corruption and the proceeds of such corruption. Treasury may pay a reward to any individual who furnishes information leading to the restraining, seizure, forfeiture, or repatriation of stolen assets in an account at
(continued...)
Sponsored by: Rep. Gregory W. Meeks
Introduced In House on 06/28/2016
Spread the world
US Congress 114th Congress
To amend title 31, United States Code, to authorize the Secretary of the Treasury to include all funds when issuing certain geographic targeting orders, and for other purposes. [HB-5602]
[Finance ]
[Law Enforcement ]
[Cybersecurity ]
To amend title 31, United States Code, to authorize the Secretary of the Treasury to include all funds when issuing certain geographic targeting orders, and for other purposes. (Sec. 1) This bill revises the authority of the Department of the Treasury to issue an order imposing recordkeeping and reporting requirements upon financial institutions and nonfinancial trade or business groups in certain geographic areas regarding transactions for the payment, receipt, or transfer of U.S. coins or currency (or other monetary instruments as Treasury may
(continued...)
Sponsored by: Rep. Gregory W. Meeks
Message On Senate Action Sent To The House. on 12/12/2016
Spread the world
US Congress 114th Congress
Donbass People's Militia Terrorist Designation Act of 2015 [HB-56]
[International ]
[National Security ]
[Law Enforcement ]
[Immigration ]
[Human Rights ]
[Crime ]
Donbass People's Militia Terrorist Designation Act of 2015 Expresses the sense of Congress that the Donbass People's Militia (an armed militia with allegiance to the Donestsk People's Republic, a self-proclaimed state in Eastern Europe) has met the criteria for designation as a foreign terrorist organization, and the Secretary of State should so designate it. Requires the Secretary to report to Congress the reasons why if he does not designate the Donbass People's Militia as a foreign terrorist organization within 60 days. Directs the President
(continued...)
Sponsored by: Rep. Sheila Jackson-Lee
Referred To The Subcommittee On Immigration And Border Security. on 01/12/2015
Spread the world
US Congress 114th Congress
First-Time Homebuyer Savings Account Act of 2016 [HB-5575]
[Housing ]
[Finance ]
[Real Estate ]
[Consumer Protection ]
First-Time Homebuyer Savings Account Act of 2016
Sponsored by: Rep. Sean Patrick Maloney
Introduced In House on 06/24/2016
Spread the world
US Congress 114th Congress
Preventing Investment in Terrorist Regimes Act [HB-5545]
[International ]
[National Security ]
Preventing Investment in Terrorist Regimes Act
Sponsored by: Rep. David G. Reichert
Introduced In House on 06/21/2016
Spread the world
US Congress 114th Congress
Financial Services for the Underserved Act of 2016 [HB-5541]
[Finance ]
[Community Development ]
[Poverty ]
[Consumer Protection ]
[Small Business ]
Financial Services for the Underserved Act of 2016 This bill amends the Federal Credit Union Act to revise the requirements for allowing a federal credit union to extend its field of membership in an underserved area. The credit union must be well capitalized or adequately capitalized, and within 24 months after approval by the National Credit Union Administration (NCUA) it must have established and maintained an ongoing method to provide services in the local community, neighborhood, or rural district. (The current requirement is that the credit
(continued...)
Sponsored by: Rep. Donald Norcross
Introduced In House on 06/21/2016
Spread the world
US Congress 114th Congress
Clyde-Hirsch-Sowers RESPECT Act Restraining Excessive Seizure of Property through the Exploitation of Civil Asset Forfeiture Tools Act [HB-5523]
[Finance ]
[Crime ]
[Taxes ]
[National Security ]
[Property Tax ]
[Public Safety ]
Clyde-Hirsch-Sowers RESPECT Act Restraining Excessive Seizure of Property through the Exploitation of Civil Asset Forfeiture Tools Act This bill revises the authority and procedures that the Internal Revenue Service (IRS) uses to seize property that has been structured to avoid Bank Secrecy Act (BSA) reporting requirements. (Sec. 2) The IRS may only seize property it suspects has been structured to avoid BSA reporting requirements if the property was derived from an illegal source or the funds were structured for the purpose of concealing the violation
(continued...)
Sponsored by: Rep. Danny K. Davis
Received In The Senate. on 09/26/2016
Spread the world
US Congress 114th Congress
Equal Access to Banking Act [HB-5511]
[Finance ]
[Community Development ]
[Small Business ]
[Poverty ]
Equal Access to Banking Act This bill requires the Federal Deposit Insurance Corporation (FDIC) to issue regulations: (1) easing the restrictive impact of regulations issued pursuant to the Federal Deposit Insurance Act relating to the factors to be considered for deposit insurance on non-profit community development financial institution banks, and (2) easing restrictions on the operation of such banks insured by the FDIC. The FDIC shall ensure that such regulations issued under this bill: (1) will not provide an opportunity for individuals or
(continued...)
Sponsored by: Rep. John K. Delaney
Introduced In House on 06/16/2016
Spread the world
US Congress 114th Congress
Iranian Leadership Asset Transparency Act [HB-5461]
[International ]
[Finance ]
[National Security ]
[Law Enforcement ]
Iranian Leadership Asset Transparency Act (Sec. 3) This bill requires the Department of the Treasury, in furtherance of efforts to prevent the financing of terrorism, money laundering, or related illicit finance and to make financial institutions' required compliance with remaining sanctions more easily understood, to submit within 270 days and annually thereafter for the next two years a report regarding: the funds or assets held in U.S. and foreign financial institutions that are directly or indirectly controlled by specified Iranian officials;
(continued...)
Sponsored by: Rep. Bruce Poliquin
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 09/22/2016
Spread the world
US Congress 114th Congress
Foreign ID Review Act of 2016 [HB-5446]
[Immigration ]
[International ]
[Finance ]
[Law Enforcement ]
[National Security ]
Foreign ID Review Act of 2016 This bill requires the Department of Justice to review every two years all forms of identification issued to foreign nationals in the United States by the governments of Mexico, Nicaragua, El Salvador, Guatemala, and Honduras, including consular-issued identification and passports, to determine if such forms of identification are sufficiently secure to verify the bearer's identity for purposes such as opening a financial institution account and obtaining any lawful benefit for the bearer's child.
Sponsored by: Rep. James P. McGovern
Referred To The Subcommittee On Immigration And Border Security. on 06/16/2016
Spread the world
US Congress 114th Congress
Terrorist Asset Seizure Reform Act of 2016 [HB-5308]
[Finance ]
[National Security ]
[Law Enforcement ]
[Funding ]
[Grants ]
[Public Safety ]
[Crime ]
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 Designated Global Terrorist, at the time an asset is frozen or otherwise blocked (or within six months of enactment
(continued...)
Sponsored by: Rep. Ted Poe
Referred To The Subcommittee On Terrorism, Nonproliferation, And Trade. on 09/07/2016
Spread the world
US Congress 114th Congress
World's Greatest Healthcare Plan Act of 2016 [HB-5284]
[Healthcare ]
World's Greatest Healthcare Plan Act of 2016
Sponsored by: Rep. Pete Sessions
Referred To The Subcommittee On Health, Employment, Labor, And Pensions. on 09/19/2016
Spread the world
US Congress 114th Congress
CSA OPPORTUNITY Act Children's Savings Accounts Offer Parents Plenty Of Reasons To Understand and Invest in Tuition Yearly Act [HB-5214]
[Children and Youth ]
[Education ]
[Poverty ]
[Human Services ]
[Social Security ]
[Funding ]
[Grants ]
CSA OPPORTUNITY Act Children's Savings Accounts Offer Parents Plenty Of Reasons To Understand and Invest in Tuition Yearly Act This bill amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act (SSAct) to direct a state receiving a TANF grant to disregard the value of any interest in, or distribution from, a qualified tuition program, as well as the value of a child's savings account, in determining individual or family TANF eligibility or the amount or type of assistance. SSAct title XVI (Supplemental
(continued...)
Sponsored by: Rep. Raul M. Grijalva
Referred To The Subcommittee On Early Childhood, Elementary, And Secondary Education. on 09/19/2016
Spread the world
US Congress 114th Congress
Overdraft Protection Act of 2016 [HB-5198]
[Consumer Protection ]
[Finance ]
Overdraft Protection Act of 2016 This bill amends the Truth in Lending Act to prohibit a depository institution from engaging in unfair or deceptive acts or practices in connection with overdraft coverage, or in acts designed to evade the provisions of this Act. Each depository institution that offers or provides overdraft coverage for transaction accounts held at the institution shall clearly and conspicuously disclose overdraft coverage fees. It must also disclose that, if a consumer does not opt-in to such overdraft coverage: the consumer's transaction
(continued...)
Sponsored by: Rep. Janice D. Schakowsky
Introduced In House on 05/11/2016
Spread the world
US Congress 114th Congress
529 and ABLE Account Improvement Act of 2016 [HB-5193]
[Taxes ]
[Education ]
[Disabilities ]
[Retirement ]
529 and ABLE Account Improvement Act of 2016 This bill amends the Internal Revenue Code to modify the tax treatment of qualified tuition programs (known as 529 plans) and ABLE accounts. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.) The bill excludes from gross income a fringe benefit consisting of up to $100 per year (adjusted for inflation after 2016) of employer contributions to an employee's 529 or ABLE account. The employer
(continued...)
Sponsored by: Rep. Lynn Jenkins
Introduced In House on 05/11/2016
Spread the world
US Congress 114th Congress
HELP for Students and Parents Act Higher Education Loan Payments for Students and Parents Act [HB-5191]
[Student Loans ]
[Taxes ]
[Education ]
[Budget and Spending ]
[Small Business ]
[Funding ]
[Grants ]
HELP for Students and Parents Act Higher Education Loan Payments for Students and Parents Act This bill amends the Internal Revenue Code to expand the tax exclusion for employer-provided educational assistance programs to exclude from the gross income of an employee: (1) employer payments of principal or interest on loans for higher education expenses incurred by an employee, and (2) any qualified dependent 529 contributions made by the employer. (Under current law, the maximum exclusion for educational assistance programs is $5,250 per year.) A
(continued...)
Sponsored by: Rep. Tim Ryan
Introduced In House on 05/11/2016
Spread the world
US Congress 114th Congress
Help All Americans Save for College Act of 2016 [HB-5186]
[Education ]
[Taxes ]
[Disabilities ]
Help All Americans Save for College Act of 2016 This bill amends the Internal Revenue Code to modify the tax treatment of qualified tuition programs (known as 529 plans) and ABLE accounts. (Tax-favored ABLE [Achieving a Better Life Experience] accounts are designed to enable individuals with disabilities to save for and pay for disability-related expenses.) The bill excludes employer contributions to an employee's 529 plan or ABLE account from the gross income of an individual, certain employment taxes, and taxes on self-employment earnings. The
(continued...)
Sponsored by: Rep. Bruce Poliquin
Introduced In House on 05/10/2016