H.R. 5124: To require that certain measures be taken with respect to countries of concern regarding terrorist financing.

108th Congress · introduced 2004-09-22 · International Affairs · Latest: Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.

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Where it came from: introduced 2004-09-22 · official record
Who proposed it: Rep. Kelly, Sue W. [R-NY-19] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

To require that certain measures be taken with respect to countries of concern regarding terrorist financing.

Plain summary

Directs the Secretary of the Treasury to identify and report annually on countries of concern whose governments, nationals, or entities finance domestic or international terrorism. Requires with respect to such countries: (1) withholding of 50 percent of bilateral assistance; and (2) withholding of access to financial institution multilateral assistance. Authorizes the Secretary to require domestic financial institutions to take special measures with respect to a country of concern, including financial institutions operating outside the United States engaging in financial transactions in such country to the same extent as if such country or financial institution were of primary money laundering concern. Exempts a country from such prohibitions if the President certifies to Congress that: (1) during the previous year the country has cooperated fully with the United States or has taken adequate steps to terminate financial support for terrorism; or (2) for a country that would not otherwise qualify for such certification, vital U.S. national interests apply.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

To require that certain measures be taken with respect to countries of concern regarding terrorist financing.

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Kelly, Sue W. [R-NY-19] · 4 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-108hr5124.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/108/hr>

Record fed-us-cong108-hr5124 · catalog fed-us-congress-bills-cong108 · updated 2026-11-15 by psicol fed-bills-cong108