,,ib ,union ,calendar ,no4 #bhj #aahth  
,,congress  #b;d ,session  ,h4 ,r4 #fcgj
 ,report ,no4 #aah-cda1 ,part ,i ,,in   
,,the ,,house ,,of ,,representatives    
,november #ac1 #bjbc,mrs4 ,beatty 7for  
herself and ,mr4 ,nunn of ,iowa7        
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services1 and in addition to
 the ,committee on ,foreign ,affairs1   
for a period to be subsequently         
determined by the ,speaker1 in each case
 for consideration of such provisions as
 fall within the jurisdiction of the    
committee concerned  ,january #i1       
#bjbd,reported from the ,committee on   
,financial ,services with               
amendments,strike out all after the     
enacting clause and insert the part     
printed in italic  ,january #i1         
#bjbd;,committee on ,foreign ,affairs   
discharged2 committed to the ,committee 
of the ,whole ,house on the ,state of   
the ,union and ordered to be printed,for
 text of introduced bill1 see copy of   

bill as introduced on ,november #ac1    
#bjbc  ,a ,,bill  ,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'            
investigations1 and for other purposes4 
#a4 ,short title ,this ,act may be cited
 as the ,,ofac ,licensure for           
,investigators ,act4  #b4 ,sending and  
receiving of nominal amounts  7a7 ,in   
general ,the ,director of the ,office of
 ,foreign ,assets ,control shall1 not   
later than #a year after the date of the
 enactment of this ,act1 establish a    
pilot program under which a private     
sector firm may receive a license to    
conduct nominal financial transactions  
in furtherance of the firm's            
investigations4  7b7 ,coordination ,when
 establishing and carrying out the pilot
 program required under subsection 7a71 
the ,director of the of the ,office of  
,foreign ,assets ,control shall         

coordinate with the ,director of the    
,financial ,crimes ,enforcement ,network
 for the purposes of supporting         
activities of the ,fin,c,e,n ,exchange1 
as described in section #caj7;d7 of     
title #ca of the ,united ,states ,code4 
7c7 ,reporting on activities ,each      
private sector firm that receives a     
license described under subsection 7a7  
shall submit a detailed monthly report  
to the ,director of the ,office of      
,foreign ,assets ,control on the        
activities of the firm conducted under  
such license4  7d7 ,termination ,the    
pilot program established by the        
,director of the ,office of ,foreign    
,assets ,control under subsection 7a7   
shall terminate on the date that is #e  
years after the date on which the       
,director of the ,office of ,foreign    
,assets ,control establishes such       
program4  ,amend the title so as to     
read3 ,a bill 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'               
investigations1 and for other purposes44
 ,january #i1 #bjbd,reported from the   
,committee on ,financial ,services with 
amendments,january #i1 #bjbd;,committee 
on ,foreign ,affairs discharged2        
committed to the ,committee of the      
,whole ,house on the ,state of the      
,union and ordered to be printed