End Banking for Human Traffickers Act of 2024
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 31, 2024)
End Banking for Human Traffickers Act of 2024
This bill establishes requirements for finance and banking entities to detect and prevent human trafficking.
The Financial Institutions Examination Council must review procedures to improve the capability of specified programs to target financial transactions relating to severe forms of human trafficking. The Interagency Task Force to Monitor and Combat Trafficking must submit to Congress recommendations for the revision of anti-money laundering programs specifically targeting severe forms of human trafficking.
The bill provides additional criteria to be considered by the Department of State to indicate a foreign country's serious and sustained efforts to eliminate human trafficking for purposes of certain foreign assistance. Specifically, the bill adds criteria regarding whether a foreign country has taken or is taking steps to implement a framework for preventing financial transactions involving severe forms of human trafficking.
What just happenedJan 31, 2024
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Who’s behind it
- Introduced in HouseJan 31, 2024
- Jan 31, 2024IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Foreign Affairs Committee - Jan 31, 2024IntroReferralH11100
Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Financial Services Committee - Jan 31, 2024IntroReferralIntro-H
Introduced in House
- Jan 31, 2024IntroReferral1000
Introduced in House