To establish an Independent Financial Technology Task Force to Combat Terrorism and Illicit Financing, to provide rewards for information leading to convictions related to terrorist use of digital currencies, to establish a Fintech Leadership in Innovation and Financial Intelligence Program to encourage the development of tools and programs to combat terrorist and illicit use of digital currencies, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for North Carolina's 13th congressional district. Republican.
Last Updated: Jan 29, 2019
Length: 12 pages
116th Congress (2019–2021)
This bill was introduced in a previous session of Congress and was passed by the House on January 28, 2019 but was never passed by the Senate.
What legislators are saying
“Budd Bill H.R. 56 the Financial Technology Protection Act Passes House Unanimously”
— Rep. Ted Budd [R-NC13] (Sponsor) on Jan 28, 2019
Sep 26, 2018
Earlier Version — Passed House (Senate next)
This activity took place on a related bill, H.R. 5036 (115th).
Jan 3, 2019
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Jan 28, 2019
Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made.
H.R. 56 (116th) 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. 56. This is the one from the 116th Congress.
This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. 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. 56 — 116th Congress: Financial Technology Protection Act. Retrieved from https://www.govtrack.us/congress/bills/116/hr56
“H.R. 56 — 116th Congress: Financial Technology Protection Act.” www.GovTrack.us. 2019. January 26, 2021 <https://www.govtrack.us/congress/bills/116/hr56>
Financial Technology Protection Act, H.R. 56, 116th Cong. (2019).
|title=H.R. 56 (116th)
|accessdate=January 26, 2021
|author=116th Congress (2019)
|date=January 3, 2019
|quote=Financial Technology Protection Act
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.