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H.R.4386 / 113th Congress

Money Remittances Improvement Act of 2014

Became Public Law No: 113-156.

Official summary

Version 49 · Public Law · Aug 8, 2014

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Money Remittances Improvement Act of 2014 - Authorizes the Secretary of the Treasury, with respect to compliance with reporting requirements for monetary instrument transactions of financial institutions, to rely upon examinations conducted by a state supervisory agency of a category of financial institution if: (1) the category is required to comply with federal requirements, or (2) the state supervisory agency examines the category for compliance with federal requirements.

Instructs the Secretary to consult with state supervisory agencies when issuing rules to implement this Act.

Read the summary on Congress.gov
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Who introduced it

Rep. Ellison, Keith [D-MN-5] · D–MN

Committees

  • Banking, Housing, and Urban Affairs Committee
  • Financial Services Committee
10 cosponsorship records, including any withdrawals

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

  1. Became Public Law No: 113-156.

  2. Became Public Law No: 113-156.

  3. Signed by President.

  4. Signed by President.

  5. Presented to President.

  6. Presented to President.

  7. Message on Senate action sent to the House.

  8. Passed Senate without amendment by Unanimous Consent.

  9. Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.

  10. Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5329)

  11. Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S5329)

  12. Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  13. On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3422-3423)

  14. Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3422-3423)

  15. DEBATE - The House proceeded with forty minutes of debate on H.R. 4386.

  16. Considered under suspension of the rules. (consideration: CR H3422-3424)

  17. Mrs. Capito moved to suspend the rules and pass the bill.

  18. Referred to the House Committee on Financial Services.

  19. Introduced in House

  20. Introduced in House

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Dec 6, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.4386 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

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Institutions and government scope

Conservative lens

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Individual rights and government power

Liberty lens

Examine H.R.4386 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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