The bill would restart the clock for a Treasury test program once the rules are issued. That gives the program three full years to test information sharing with foreign affiliates. It does not expand who can share data or what data they can share.
Modern Action explains what the legislation does, helps you choose whether to support, oppose, or ask for changes, and drafts a message tied to the bill, your stance, and the elected officials who can act on it.
Foreign Affiliates Sharing Pilot Program Extension Act is a House bill house Consideration.
Who this affects: This bill mainly affects U.S. banks and other financial firms that have foreign branches, subsidiaries, or affiliates. They would get a full three years to use the pilot program after Treasury issues the rules. Treasury regulators would also have more time to study how the program works in real life. The public impact is indirect: the test could affect how financial firms help detect money laundering and related crimes.
Why this matters: The bill matters because the test may not get a full run if the rules take time to finish. H.R. 5524 would start the clock only after Treasury issues those rules. That could give regulators and Congress better real-world data. It could also lengthen the calendar period when sensitive financial information is shared with foreign affiliates.
You do not have to start with a blank letter. Modern Action turns the bill, your position, and the relevant congressional context into a message you can edit and send. The goal is to make contacting Congress clear, specific, and useful without forcing you to parse bill text or figure out the right office on your own.
Officially: Foreign Affiliates Sharing Pilot Program Extension Act
The bill would restart the clock for a Treasury test program once the rules are issued. That gives the program three full years to test information sharing with foreign affiliates. It does not expand who can share data or what data they can share.
Use this page to support, oppose, or ask Congress to amend HR5524. Modern Action explains what the bill does, helps identify the right senators or representative, and drafts a bill-specific message you can edit and send.
Where it stands
Sitting in House Committee
No vote scheduled. Constituent contact is what moves bills out of committee.
↓ Why your message matters here
This bill is sitting in committee with no scheduled vote — which means a small number of constituent messages can decide whether it moves forward or quietly dies.
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Where this bill is in the process
Introduced
Introduced in House
House Committee
Under House committee consideration
House Floor Vote
Voted on by House
Passed House
Approved by House
Senate Review
Sent to Senate for consideration
Passed Both Chambers
Approved by both House and Senate
Signed into Law
Signed by the President
For more detail
Choose one clear position: support, oppose, or amend. Then pick any reasons or personal context you want included. Modern Action uses that input and the bill context to draft a message you can edit and send.
Congressional offices prioritize messages from their own constituents. Modern Action uses your address to route the drafted message to your House representative when that is the most relevant target for this bill.
The draft includes the bill number, your position, the reasons you selected, any personal context you added, and a direct ask such as voting yes, voting no, cosponsoring, opposing, or seeking changes. You stay in control because you can edit the message before sending.
This page gives you an opportunity to support, oppose, or ask for changes to Foreign Affiliates Sharing Pilot Program Extension Act, then contact the elected officials who can act. Modern Action drafts the message from your position and the reasons you select.
Modern Action keeps the action tied to the bill itself: what it does, where it is in the process (House Consideration), which office can still act, and what ask belongs in the message.
You are not starting from a blank form. Modern Action drafts the message around HR5524, your stance, and the reasons you choose, then lets you edit and send when ready.
