{"bill":{"id":"119-hr-1450","congress":119,"type":"HR","number":1450,"title":"OFAC Licensure for Investigators Act","originChamber":"House","introducedDate":"2025-02-21","sponsors":[{"bioguideId":"B001281","fullName":"Rep. Beatty, Joyce [D-OH-3]","party":"D","state":"OH","district":3}],"cosponsorsCount":1,"latestAction":{"actionDate":"2025-07-22","text":"Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs."},"policyArea":"International Affairs","subjects":["Congressional oversight","Financial services and investments","Fraud offenses and financial crimes","Licensing and registrations"],"actions":[{"date":"2025-07-22","text":"Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.","type":"IntroReferral","chamber":"Senate","hasVote":false},{"date":"2025-07-21","text":"Motion to reconsider laid on the table Agreed to without objection.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2025-07-21","text":"On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3517)","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2025-07-21","text":"Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3517)","type":"Floor","chamber":"Library of Congress","hasVote":false},{"date":"2025-07-21","text":"DEBATE - The House proceeded with forty minutes of debate on H.R. 1450.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2025-07-21","text":"Considered under suspension of the rules. (consideration: CR H3517-3518)","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2025-07-21","text":"Mr. Hill (AR) moved to suspend the rules and pass the bill.","type":"Floor","chamber":"House floor actions","hasVote":false},{"date":"2025-03-27","text":"Placed on the Union Calendar, Calendar No. 34.","type":"Calendars","chamber":"House floor actions","hasVote":false},{"date":"2025-03-27","text":"Committee on Foreign Affairs discharged.","type":"Discharge","chamber":"House floor actions","hasVote":false},{"date":"2025-03-27","text":"Committee on Foreign Affairs discharged.","type":"Committee","chamber":"Library of Congress","hasVote":false},{"date":"2025-03-27","text":"Reported by the Committee on Financial Services. H. Rept. 119-47, Part I.","type":"Committee","chamber":"House floor actions","hasVote":false},{"date":"2025-03-27","text":"Reported by the Committee on Financial Services. H. Rept. 119-47, Part I.","type":"Committee","chamber":"Library of Congress","hasVote":false},{"date":"2025-03-05","text":"Ordered to be Reported by the Yeas and Nays: 49 - 0.","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-03-05","text":"Committee Consideration and Mark-up Session Held","type":"Committee","chamber":"House committee actions","hasVote":false},{"date":"2025-02-21","text":"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.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-02-21","text":"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.","type":"IntroReferral","chamber":"House floor actions","hasVote":false},{"date":"2025-02-21","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false},{"date":"2025-02-21","text":"Introduced in House","type":"IntroReferral","chamber":"Library of Congress","hasVote":false}],"summary":"<p><strong>OFAC Licensure for Investigators Act</strong></p><p>This bill requires the Office of Foreign Assets Control (OFAC) to establish a pilot program to license eligible private sector firms to conduct nominal financial transactions as part of the firm's sanctions-related investigations.</p><p>A firm that receives a license must submit monthly reports to OFAC on activities conducted under the license.</p><p>(OFAC, within the Department of the Treasury, is one of the primary agencies responsible for enforcing economic sanctions. OFAC requires firms to take various actions, such as ensuring that they are not engaging in transactions with entities subject to U.S. sanctions. A firm may also provide voluntary self-disclosures to OFAC with information from a firm's investigation of suspicious activities.)</p>","updateDate":"2025-10-09T00:06:28Z"},"markets":[],"stateBills":[],"meta":{"sources":["congress.gov"],"latencyMs":776,"ts":"2026-04-15T05:28:57.569Z"},"nextActions":{"inspect":[],"related":[{"description":"Search related legislation","method":"GET","url":"/api/public/query-gov?q=OFAC%20Licensure%20for%20Investigators%20Act"}]}}