[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5524 Referred in Senate (RFS)]
<DOC>
118th CONGRESS
1st Session
H. R. 5524
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
December 13, 2023
Received; read twice and referred to the Committee on Banking, Housing,
and Urban Affairs
_______________________________________________________________________
AN ACT
To amend the start date of the pilot program on sharing with foreign
branches, subsidiaries and affiliates.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Foreign Affiliates Sharing Pilot
Program Extension Act''.
SEC. 2. FOREIGN AFFILIATES SHARING PILOT PROGRAM.
Section 5318(g)(8)(B)(iii) of title 31, United States Code, is
amended by striking ``3 years after the date of enactment of this
paragraph'' and inserting ``3 years after the date on which the
Secretary of the Treasury issues rules pursuant to subparagraph (A)''.
Passed the House of Representatives December 12, 2023.
Attest:
KEVIN F. MCCUMBER,
Clerk.