PlainBillCongress, translated.Legislation. Context. Public interest.Sponsor introductory remarks on measure. (CR E1449)
Congressional Research Service
Version 00 · Introduced in House · Jun 16, 2009
Money Service Business Act of 2009 - Revises certain requirements for anti-money laundering programs with respect to federally insured depository institutions.
Declares that, if such institutions have on file specified mandatory self-certifications submitted by a money transmitting business for which the institutions maintain an account, the institutions have no obligation to review the compliance of the money transmitting business with federal anti-money laundering requirements.
Sets forth civil and criminal penalties for violations of this Act without regard to whether such violations were willful.
Shields an institution from liability for the noncompliance of a money transmitting business with federal anti-money laundering requirements.
Prescribes requirements for a self-certification by a money transmitting business that it is in compliance with federal anti-money laundering requirements.
People & committees
Rep. Maloney, Carolyn B. [D-NY-14] · D–NY
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Sponsor introductory remarks on measure. (CR E1449)
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.
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