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US. GOVERNMENT
INFORMATION
GPO
118TH CONGRESS REPT. 118-805
2d Session HOUSE OF REPRESENTATIVES Part 1
FINANCIAL ACCESS IMPROVEMENTS ACT
DECEMBER 5, 2024.-Ordered to be printed
Mr. McHENRY, from the Committee on Financial Services,
submitted the following
REPORT
[To accompany H.R. 5523]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 5523) to amend the Foreign Assistance Act of 1961 to in-
clude information in the International Narcotics Control Strategy
Report on improvements by countries in combating narcotics-re-
lated money laundering, to require a report on the consistency of
Bank Secrecy Act examinations, and for other purposes, having
considered the same, reports favorably thereon with an amendment
and recommends that the bill as amended do pass.
CONTENTS
Page
Purpose and Sum m ary ........................................................................................... . 1
Background and Need for Legislation .................................................................... 3
R elated H earing ...................................................................................................... . 3
Com m ittee Consideration ........................................................................................ 3
C om m ittee V otes ..................................................................................................... 4
Com m ittee Oversight Findings ............................................................................... 6
Perform ance Goals and Objectives ......................................................................... 6
Congressional Budget Office Estimates ................................................................. 6
New Budget Authority, Entitlement Authority, and Tax Expenditures ............. 7
Federal M andates Statem ent ................................................................................. 7
Advisory Com m ittee Statem ent .............................................................................. 7
Applicability to Legislative Branch ........................................................................ 7
Earm ark Identification ............................................................................................ 7
Duplication of Federal Program s ............................................................................ 8
Section-by-Section Analysis of the Legislation ...................................................... 8
Changes in Existing Law made by the Bill, as Reported ................. 8
The amendment is as follows:
Strike all after the enacting clause and insert the following:
59-006](ViewImageLocal?handle=hein.congrecreports/crptxagug0001&div=1&collection=&method=preview&ext=.png&size=3)