PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 7080 (117th)

Nowhere to Hide Oligarchs’ Assets Act

reportedUnited States· United States Congress· EN

Introduced

15 March 2022

Last action

Status

Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 26 - 23.

Sponsors

Subjects

Discovery layer

Source updated

15 May 2025

Summary

Nowhere to Hide Oligarchs' Assets Act This bill expands the scope of the Financial Crimes Enforcement Network's (FinCEN's) authority to obtain records related to financial crimes. Specifically, FinCEN may request a nationwide geographic targeting order requiring additional recordkeeping and reporting requirements applicable to domestic financial institutions or nonfinancial trades or businesses. Under current law, such an order must be limited to a specific geographic area. Additionally, the bill expands existing recordkeeping and reporting requirements applicable to U.S. residents, citizens, and entities when transacting with a foreign financial agency to also include transactions with a foreign nonfinancial trade or business.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.