HB1450Introduced in the House
OFAC Licensure for Investigators Act
Introduced by Joyce Beatty, District OH-3
What does this bill do?
Plain-English breakdown
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Official description
To require the Office of Foreign Assets Control to develop a program under which private sector firms may receive a license to conduct nominal financial transactions in furtherance of the firms' investigations, and for other purposes.
Where it stands
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 22, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
Introduced in House
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.
Committee Consideration and Mark-up Session Held
Ordered to be Reported by the Yeas and Nays: 49 - 0.
Reported by the Committee on Financial Services. H. Rept. 119-47, Part I.
Committee on Foreign Affairs discharged.
Placed on the Union Calendar, Calendar No. 34.
Mr. Hill (AR) moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H3517-3518)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1450.
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3517)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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