International Financial Access Improvements Act

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 6829 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 6829 To amend the Foreign Assistance Act of 1961 to make improvements to the International Narcotics Control Strategy Report, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES December 17, 2025 Ms. Waters introduced the following bill; which was referred to the Committee on Foreign Affairs, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned _______________________________________________________________________ A BILL To amend the Foreign Assistance Act of 1961 to make improvements to the International Narcotics Control Strategy Report, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This subtitle may be cited as the ``International Financial Access Improvements Act''. SEC. 2. IMPROVEMENTS BY COUNTRIES IN COMBATING NARCOTICS-RELATED MONEY LAUNDERING. (a) In General.--Section 489(a)(7) of the Foreign Assistance Act of 1961 (22 U.S.C. 2291h(a)(7)) is amended-- (1) in the matter preceding subparagraph (A), by striking ``paragraph (3)(D)'' and inserting ``paragraph (3)(C)''; and (2) by inserting after subparagraph (C) the following: ``(D) Where the information is available, examples of improvements in each country related to the findings described in each of clauses (i) through (viii) of subparagraph (C) including-- ``(i) actions taken by the country due to the adoption of law and regulations considered essential to prevent narcotics-related money laundering; ``(ii) enhanced enforcement actions taken by the country, such as regulatory penalties, criminal pros