Amendment116th Congress
An amendment numbered 2 printed in Part B of House Report 116-247 to require FinCEN to develop a regime by which entities may gain access to the beneficial ownership database. Amendment also requires FinCEN to report to Congress annually on: he number of times law enforcement, banks, or other third parties have accessed the beneficial ownership database; the number of times the database was inappropriately accessed; and the number of subpoenas obtained to gain access to the database.
- Amendment Number
- 634
- Description
- An amendment numbered 2 printed in Part B of House Report 116-247 to require FinCEN to develop a regime by which entities may gain access to the beneficial ownership database. Amendment also requires FinCEN to report to Congress annually on: he number of times law enforcement, banks, or other third parties have accessed the beneficial ownership database; the number of times the database was inappropriately accessed; and the number of subpoenas obtained to gain access to the database.
- Purpose
- An amendment numbered 2 printed in Part B of House Report 116-247 to require FinCEN to develop a regime by which entities may gain access to the beneficial ownership database. Amendment also requires FinCEN to report to Congress annually on: he number of times law enforcement, banks, or other third parties have accessed the beneficial ownership database; the number of times the database was inappropriately accessed; and the number of subpoenas obtained to gain access to the database.
- Congress
- 116
- Type
- HAMDT
- Latest Action Date
- Oct 22, 2019
- Latest Action Text
- On agreeing to the Hill (AR) amendment (A002) Agreed to by voice vote.
- Latest Action Time
- 15:16:29
- Submitted Date
- Oct 22, 2019
- Chamber
- House of Representatives
- Update Date
- Feb 8, 2022