118th Congress Finance and Financial Sector
S. 691: Taylor Force Martyr Payment Prevention Act of 2023
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Marsha Blackburn R-TNOriginal
- Mike Braun R-INOriginal
- Kevin Cramer R-NDOriginal
- Ted Cruz R-TXOriginal
- Steve Daines R-MTOriginal
- Lindsey Graham R-SCOriginal
- Charles Grassley R-IAOriginal
- Bill Hagerty R-TNOriginal
- John Hoeven R-NDOriginal
- Cindy Hyde-Smith R-MSOriginal
- James Lankford R-OKOriginal
- Roger Marshall R-KSOriginal
- Marco Rubio R-FLOriginal
- Rick Scott R-FLOriginal
- John Thune R-SDOriginal
- Roger Wicker R-MSOriginal
- Todd Young R-INOriginal
- Ted Budd R-NC
- Shelley Capito R-WV
Who scored on this bill
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Other bills by Tom Cotton
- S. 4615: Intelligence Authorization Act for Fiscal Year 2027
- S. 4465: To amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978, and for other purposes
- S. 1552: Living Donor Protection Act of 2025
- S. 2342: Intelligence Authorization Act for Fiscal Year 2026
History
- Introduced in the Senate by Tom Cotton.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S671-672)