Amendment116th Congress
An amendment numbered 5 printed in Part B of House Report 116-247 to strike the bill's reporting mandate on small businesses, terminates the Customer Due Diligence Rule, and requires Treasury to conduct a study about all existing federal information databases available to law enforcement to discern the beneficial ownership of companies.
- Amendment Number
- 637
- Description
- An amendment numbered 5 printed in Part B of House Report 116-247 to strike the bill's reporting mandate on small businesses, terminates the Customer Due Diligence Rule, and requires Treasury to conduct a study about all existing federal information databases available to law enforcement to discern the beneficial ownership of companies.
- Purpose
- Amendment sought to strike the bill's reporting mandate on small businesses, terminate the Customer Due Diligence Rule, and require the Department of the Treasury to conduct a study about all existing federal information databases available to law enforcement to discern the beneficial ownership of companies.
- Congress
- 116
- Type
- HAMDT
- Latest Action Date
- Oct 22, 2019
- Latest Action Text
- On agreeing to the Davidson (OH) amendment (A005) Failed by recorded vote: 166 - 258 (Roll no. 575).
- Latest Action Time
- 18:26:18
- Submitted Date
- Oct 22, 2019
- Chamber
- House of Representatives
- Update Date
- Feb 8, 2022