Amendment114th Congress
An amendment numbered 1 printed in Part B of House Report 114-414 to clarify that bill does not prevent federal banking regulators from requesting or requiring a financial institution to terminate a relationship with a customer because (1) the customer poses a threat to national security, (2) is engaged in terrorist financing, (3) is doing business with Iran, North Korea, Syria, or another State Sponsor of Terrorism, or (4) is doing business with an entity in any of those countries.
- Amendment Number
- 927
- Description
- An amendment numbered 1 printed in Part B of House Report 114-414 to clarify that bill does not prevent federal banking regulators from requesting or requiring a financial institution to terminate a relationship with a customer because (1) the customer poses a threat to national security, (2) is engaged in terrorist financing, (3) is doing business with Iran, North Korea, Syria, or another State Sponsor of Terrorism, or (4) is doing business with an entity in any of those countries.
- Purpose
- Amendment clarifies that the bill does not prevent Federal banking regulators from requesting or requiring a financial institution to terminate a relationship with a customer because (1) the customer poses a threat to national security, (2) is engaged in terrorist financing, (3) is doing business with Iran, North Korea, Syria, or another State Sponsor of Terrorism, or (4) is doing business with an entity in any of those countries.
- Congress
- 114
- Type
- HAMDT
- Latest Action Date
- Feb 4, 2016
- Latest Action Text
- On agreeing to the Sherman amendment (A001) Agreed to by voice vote.
- Latest Action Time
- 11:28:26
- Submitted Date
- Feb 4, 2016
- Chamber
- House of Representatives
- Update Date
- Dec 15, 2020