Taylor Force Martyr Payment Prevention Act of 2022
Summary
Taylor Force Martyr Payment Prevention Act of 2022 This bill expands the institutional factors the Department of the Treasury must consider when making a finding that a foreign financial institution is of primary money laundering concern and is therefore subject to special measures, including the prohibition of opening or maintaining correspondent accounts in U.S financial institutions. Specifically, Treasury must consider (1) the extent to which an institution knowingly provides financial services to Hamas, or to an agent of Hamas; and (2) the extent to which an institution, transaction, or type of account is used to facilitate or promote payments for certain acts of terrorism against U.S. and Israeli citizens.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2022
Committee Review
Floor Vote
President
Introduced May 18, 2022
Last action May 18, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 18, 2022
Committee
Referred to the House Committee on Financial Services.
lower
May 18, 2022
Introduced
Introduced in House
lower
1 primary · 22 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Doug Lamborn
RRepublican
Co
Adrian Smith
RRepublican
Co
Ann Wagner
RRepublican
Co
Bob Good
RRepublican
Co
Brian Babin
RRepublican
Co
Brian K. Fitzpatrick
RRepublican
Co
Chip Roy
RRepublican
Co
Claudia Tenney
RRepublican
Co
David Kustoff
RRepublican
Co
Don Bacon
RRepublican
Co
Gus M. Bilirakis
RRepublican
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