Money Laundering Prevention and Payment System Protection Act of 1990

Summary

Money Laundering Prevention and Payment System Protection Act of 1990 - Expresses the sense of the Congress that the States should: (1) establish a uniform regulatory scheme for non-depository institutions engaged in money transactions (such as check cashing services, money orders, and travelers checks; and (2) develop a model statute to regulate such services (including licensing standards and civil and criminal penalties for noncompliance). Requires the Secretary of the Treasury to report to the Congress the results of a study of the progress made by the States in developing and enacting such a model statute.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 1 February 1990

   Introduced

   Referred to the House Committee on Banking, Finance + Urban Affrs.

   Source: IntroReferral

2. 1 February 1990

   Introduced

   Introduced in House

   Source: IntroReferral

3. 1 February 1990

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 February 1990

   Referred

   Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

   Source: Committee

5. 8 March 1990

   Committee

   Subcommittee Hearings Held.

   Source: Committee

6. 8 March 1990

   Committee

   Subcommittee Consideration and Mark-up Session Held.

   Source: Committee

7. 8 March 1990

   Committee

   Forwarded by Subcommittee to Full Committee.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 1 February 1990

  Open at official source

Sponsors

• Rep. Saxton, Jim [R-NJ-13] · R · Sponsor
• Rep. Roukema, Marge [R-NJ-5] · R · Sponsor
• Rep. McCollum, Bill [R-FL-5] · R · Sponsor
• Marcy Kaptur · D · Sponsor
• Rep. Courter, Jim [R-NJ-12] · R · Sponsor
• Rep. Chapman, Jim [D-TX-1] · D · Sponsor
• Rep. Hancock, Mel [R-MO-7] · R · Sponsor
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.