House vote: H.R. 7734 // July 26, 2022Needed two-thirds to pass
Timely Delivery of Bank Secrecy Act Reports Act
Sponsor: MAXINE WATERS (D-CA)
This bill requires the Department of the Treasury to provide Bank Secrecy Act (BSA) reports to a congressional committee or subcommittee not later than 30 days after a request. Under the BSA, financial institutions must keep records of certain transactions and report suspicious activity indicative of money laundering or other criminal activity. Additionally, when subpoenaed, a financial institution must provide such reports to a congressional committee or subcommittee.
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 4.9% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 343 | 78.8% |
| Nay | Lost | 70 | 16.4% |
| Not represented on this question | No position taken | 0 | 4.9% |