Amendment sought to eliminate the requirement that financial institutions file certain suspicious activity reports.

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Amendment Number
249
Description
Amendment sought to eliminate the requirement that financial institutions file certain suspicious activity reports.
Purpose
An amendment no. 4 printed in H. Rept. 106-214 to eliminate authority to require "Know your Customer" profiling of accounts and source of funds.
Congress
106
Type
HAMDT
Latest Action Date
Jul 1, 1999
Latest Action Text
On agreeing to the Barr amendment (A004) Failed by recorded vote: 129 - 299 (Roll no. 269).
Latest Action Time
20:33:03
Submitted Date
Jul 1, 1999
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 249 — Informed