About the bill
H.R. 6729 instructs the Secretary of the Treasury to establish a mechanism for non-profit organizations to qualify for safe harbor when sharing specific information with financial institutions that facilitates their duties of customers due diligence and the reporting of suspicious activities relating to human trafficking.
Specifically, the bill grants the Secretary the authority to develop regulations to:
- Register non-profit organizations that meet certain qualifications before qualifying to be protected through this mechanism
- Determine what information may be shared under this protection, which financial institutions may receive information, and how financial institutions may share information received through currently regulated and protected information sharing programs
- Make the processes outlined in the bill coexistent with current information sharing mechanism and use existing guidance or regulations as necessary.
Human trafficking is recognized by ...
Sponsor and status
Sponsor. Representative for Missouri's 2nd congressional district. Republican.
Last Updated: Sep 27, 2018
Length: 9 pages
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on September 26, 2018 but was never passed by the Senate.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
7 Cosponsors (5 Republicans, 2 Democrats)
What legislators are saying
“House Passes Wagner Legislation to Empower Financial Institutions In Fight Against Human Trafficking”
— Rep. Ann Wagner [R-MO2] (Sponsor) on Sep 26, 2018
“Sinema-Supported Bill to Fight Human Trafficking Passes Committee”
— Sen. Kyrsten Sinema [D-AZ] (Co-sponsor) on Sep 20, 2018
H.R. 6729 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 6729. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2021). H.R. 6729 — 115th Congress: Empowering Financial Institutions to Fight Human Trafficking Act of 2018. Retrieved from https://www.govtrack.us/congress/bills/115/hr6729
“H.R. 6729 — 115th Congress: Empowering Financial Institutions to Fight Human Trafficking Act of 2018.” www.GovTrack.us. 2018. September 19, 2021 <https://www.govtrack.us/congress/bills/115/hr6729>
Empowering Financial Institutions to Fight Human Trafficking Act of 2018, H.R. 6729, 115th Cong..
|title=H.R. 6729 (115th)
|accessdate=September 19, 2021
|author=115th Congress (2018)
|date=September 6, 2018
|quote=Empowering Financial Institutions to Fight Human Trafficking Act of 2018
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.