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H.R. 2985 · 110th Congress

Arab Bank Accountability Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

No cosponsors.

Arab Bank Accountability Act - Directs the Secretary of the Treasury to release certain documents and information relating to the Arab Bank (other than those which would impede any federal criminal or civil investigation of the Bank).

What it does: CRS summary · Introduced in House · Jul 10, 2007

Arab Bank Accountability Act - Directs the Secretary of the Treasury to release certain documents and information relating to the Arab Bank (other than those which would impede any federal criminal or civil investigation of the Bank).

Directs the President to block certain Bank assets within the United States which shall be made available for payment of any terrorism-related judgment against the Bank. States that after any such judgment becomes final the Board of Directors of the Federal Reserve System and the Comptroller of the Currency shall act to terminate any Bank branch or agency in the United States and to prohibit the Bank from maintaining any interest in any commercial lending company within the United States.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Arab Bank Accountability Act

Latest action (Jul 10, 2007): 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.

Policy area: International Affairs · Origin: House · Introduced: Jul 10, 2007

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.