---
kind: "diff"
citation: "H. Res. 206"
bill: "116-hres-206"
heading: "Acknowledging that the lack of sunlight and transparency in financial transactions poses a threat to our national security and our economy’s security and supporting efforts to close related loopholes."
from: "ih"
from_label: "Introduced in House"
to: "eh"
to_label: "Engrossed in House"
sections_amended: 1
sections_added: 0
sections_removed: 0
url: "https://uscodex.org/bills/116/hres/206/changes/eh"
---

# H. Res. 206 — what changed

H. Res. 206, Acknowledging that the lack of sunlight and transparency in financial transactions poses a threat to our national security and our economy’s security and supporting efforts to close related loopholes. — 1 section amended between Introduced in House and Engrossed in House.

Edits are marked `<del>struck</del>` and `<ins>inserted</ins>`.

## (unnamed section)

- That the House of Representatives—
- (1) [was (2)] acknowledges that the lack of sunlight and transparency in financial transactions poses a threat to our national security and our economy’s security;
- (2) [was (3)] supports efforts to close loopholes that allow corruption, terrorism, and money laundering to infiltrate our country’s financial system;
- (3) <ins>encourages transparency to detect, deter, and interdict individuals, entities, and networks engaged in money laundering and other financial crimes;</ins>
- (4) <del>encourages corporate transparency </del><ins>urges financial institutions </ins>to <del>detect, deter, and interdict individuals, entities, </del><ins>comply with the Bank Secrecy Act </ins>and <del>networks engaged in money </del><ins>anti-money </ins>laundering <ins>laws </ins>and <del>other financial crimes;</del><ins>regulations; and</ins>
- (5) <del>urges </del><ins>affirms that </ins>financial institutions <del>to comply with the Bank Secrecy Act </del>and <del>anti-money laws </del><ins>individuals should be held accountable for money laundering </ins>and <del>regulations; and</del><ins>terror financing crimes and violations.</ins>
- (5) <del>affirms that financial institutions and individuals should be held accountable for money-laundering and terror-financing crimes and violations.</del>