House bill · 119th Congress · Latest step: Passed House
OFAC Licensure for Investigators Act
Official title: To require the Office of Foreign Assets Control to develop a program under which private sector firms may receive a license to conduct nominal financial transactions in furtherance of the firms' investigations, and for other purposes.
Open in Bill Explorer →Where it went
- IntroducedFeb 21, 2025
- Committee actionMar 5, 2025
- Passed HouseJul 21, 2025 · by voice vote
- Passed Senate—
- To the President—
- Became law—
Latest action: Jul 22, 2025 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Cost and committee reports
Official records Congress.gov attaches to H.R. 1450.
- CBO cost estimateThe Congressional Budget Office published “H.R. 1450, OFAC Licensure for Investigators Act” on May 20, 2025. CBO’s description reads “As reported by the House Committee on Financial Services on March 27, 2025”.Read the CBO estimate ↗Source: Congressional Budget Office, May 20, 2025 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/61421
- CBO publication date
- May 20, 2025
- Congress.gov bill record
- H.R. 1450, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/1450
- Record last updated by Congress.gov
- July 18, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
0e898fcd369e3ba34b37fc81d2c4deffb22d6549841942f3f4fac246c4b14012
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-47 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on March 27, 2025.Source: Congress.gov, reported March 27, 2025 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/47
- Congress.gov bill record
- H.R. 1450, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/1450
- Record last updated by Congress.gov
- July 18, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
0e898fcd369e3ba34b37fc81d2c4deffb22d6549841942f3f4fac246c4b14012
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mrs. BEATTY, as printed in the Congressional Record (Vol. 171, No. 35, February 21, 2025, Page H729):Article I, Section 8, Clause 3 of the United States ConstitutionSource: Congress.gov, Congressional Record February 21, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 64 characters
- Congress.gov bill record
- H.R. 1450, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/1450
- Record last updated by Congress.gov
- July 18, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
0e898fcd369e3ba34b37fc81d2c4deffb22d6549841942f3f4fac246c4b14012
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
From the Congress.gov bill record for H.R. 1450, last updated July 18, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
1 cosponsor — 1 Republican
1 of 1 cosponsors (100%) are from the other party.
More from the sponsor
Other 119th Congress bills sponsored by Rep. Joyce Beatty.
- H.R. 3709 (119th) Advancing the Mentor-Protégé Program for Small Financial Institutions Act
- H.Res. 1107 (119th) Memorializing Rev. Jesse Jackson by flying the flag of the United States at halfstaff.
- H.R. 916 (119th) Rosa Parks Commemorative Coin Act
- H.R. 844 (119th) Black History is American History Act
- H.R. 1976 (119th) Woman on the Twenty Act of 2025
- H.R. 6125 (119th) Housing Financial Literacy Act of 2025
Sponsor’s state and district
Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.