summary
Introduced
09/17/2019
09/17/2019
In Committee
09/17/2019
09/17/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
To require oversight of licenses involving financial services and the Democratic People's Republic of Korea, and for other purposes. This bill directs the Department of the Treasury to report every 180 days on licenses issued by Treasury that authorize financial services benefiting persons covered by sanctions with respect to North Korea.
AI Summary
This bill, the North Korea Banking Oversight Act of 2019, directs the Department of the Treasury to report every 180 days on licenses issued by Treasury that authorize financial institutions to provide financial services benefiting persons covered by sanctions with respect to North Korea. The report must be submitted to the House Committee on Financial Services and the Senate Committee on Banking, Housing, and Urban Affairs in unclassified form, though it may contain a classified annex. The reporting requirement under this Act will terminate after 7 years from the date of enactment.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to the House Committee on Financial Services. (on 09/17/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/4366/all-info |
| BillText | https://www.congress.gov/116/bills/hr4366/BILLS-116hr4366ih.pdf |
| Bill | https://www.congress.gov/116/bills/hr4366/BILLS-116hr4366ih.pdf.pdf |
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