H.R. 7824: Taylor Force Martyr Payment Prevention Act of 2022

117th Congress · introduced 2022-05-18 · Finance and Financial Sector · Latest: Referred to the House Committee on Financial Services.

federal

Follow this bill, step by step

Where it came from: introduced 2022-05-18 · official record
Who proposed it: Rep. Lamborn, Doug [R-CO-5] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Financial Services. 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

Taylor Force Martyr Payment Prevention Act of 2022

Plain summary

Taylor Force Martyr Payment Prevention Act of 2022 This bill expands the institutional factors the Department of the Treasury must consider when making a finding that a foreign financial institution is of primary money laundering concern and is therefore subject to special measures, including the prohibition of opening or maintaining correspondent accounts in U.S financial institutions. Specifically, Treasury must consider (1) the extent to which an institution knowingly provides financial services to Hamas, or to an agent of Hamas; and (2) the extent to which an institution, transaction, or type of account is used to facilitate or promote payments for certain acts of terrorism against U.S. and Israeli citizens.

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

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Taylor Force Martyr Payment Prevention Act of 2022

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Lamborn, Doug [R-CO-5] · 22 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Juan Vargas (D-CA), David Kustoff (R-TN), Joe Wilson (R-SC), Claudia Tenney (R-NY), Brian K. Fitzpatrick (R-PA), Randy K. Weber, Sr. (R-TX), Don Bacon (R-NE), J. French Hill (R-AR), Mike Johnson (R-LA), Gus M. Bilirakis (R-FL), Ann Wagner (R-MO), Chip Roy (R-TX), Brian Babin (R-TX), Neal P. Dunn (R-FL), Josh Gottheimer (D-NJ), Adrian Smith (R-NE)

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.

Words on this page, explained (1)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr7824.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr7824 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117