S 1840 · 113th Congress · Finance and Financial Sector
Money Remittances Improvement Act of 2013
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2013-12-17)
Plain Language Summary
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Money Remittances Improvement Act of 2013 - Authorizes the Secretary of the Treasury, with respect to compliance with reporting requirements for monetary instrument transactions of certain financial institutions, to rely upon examinations conducted by the relevant state supervisory agency if: (1) the category of financial institution is required by state law to comply with federal requirements, or (2) the state supervisory agency is authorized to ensure that the financial institution complies with such federal requirements.…
Summarized by Claude AI · Non-partisan · For informational purposes only