HR. 1450In Committee
OFAC Licensure for Investigators Act
Requires OFAC to run a pilot program licensing eligible private firms to conduct nominal financial transactions during sanctions investigations
Plain-English overview
What this bill does
Requires OFAC to run a pilot program licensing eligible private firms to conduct nominal financial transactions during sanctions investigations
Key points
- Require OFAC pilot program
- Require monthly reports to OFAC
- Authorize licenses for private firms
Current status
Where it stands
Status
In Committee
Latest action
2025-07-22 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedCongressional oversightFinancial services and investmentsFraud offenses and financial crimesInternational AffairsLicensing and registrations