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H. Rept. 116-245,Part 1 1 (2019-10-21)

handle is hein.congrecreports/crptxactd0001 and id is 1 raw text is: AUTHENTICATE
U.S. GOVERNMENT
INFORMATION
      GPO













                    116TH CONGRESS 1                                  1 REPT. 116-245
                       1st Session    HOUSE OF REPRESENTATIVES             Part 1







                    COORDINATING        OVERSIGHT, UPGRADING            AND     INNO-
                      VATING TECHNOLOGY, AND EXAMINER REFORM ACT
                      OF 2019



                      OCTOBER 21, 2019.-Committed to the Committee of the Whole House on the State
                                      of the Union and ordered to be printed



                         Ms. WATERS, from the Committee on Financial Services,
                                         submitted the following


                                             REPORT

                                           [To accompany H.R. 2514]

                              [Including cost estimate of the Congressional Budget Office]

                      The Committee on Financial Services, to whom was referred the
                    bill (H.R. 2514) to make reforms to the Federal Bank Secrecy Act
                    and anti-money laundering laws, and for other purposes, having
                    considered the same, report favorably thereon with an amendment
                    and recommend that the bill as amended do pass.

                                                CONTENTS
                                                                                   Page
                    Purpose and  Sum m ary  ............................................................................................  18
                    Background and  Need  for  Legislation  ....................................................................  18
                    Section-by-Section  Analysis  ....................................................................................  23
                    H earings  ...................................................................................................................  34
                    Com m ittee  Consideration  ........................................................................................  34
                    C om m ittee  V otes  ......................................................................................................  34
                    Statement of Oversight Findings and Recommendations of the Committee ......         36
                    Statement of Performance Goals and Objectives ..................................................  36
                    New Budget Authority and CBO Cost Estimate ...................................................  36
                    Com m ittee  Cost  Estim ate  .......................................................................................  42
                    Unfunded M andate  Statem ent  ...............................................................................  42
                    A dvisory  Com m ittee  ................................................................................................  42
                    Com m ittee  Correspondence  ....................................................................................
                    Application of Law to the Legislative Branch    .......................................................  42
                    E arm ark  Statem ent  .................................................................................................  43
                    Duplication  of Federal Program s  ............................................................................  43
                    Changes to  Existing  Law  ........................................................................................  43
                      The amendment is as follows:
                      Strike all after the enacting clause and insert the following:
                      99-006

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