summary
Introduced
10/21/2021
10/21/2021
In Committee
10/21/2021
10/21/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To prohibit the implementation of new requirements to report bank account deposits and withdrawals.
AI Summary
This bill, the Prohibiting IRS Financial Surveillance Act, aims to prohibit the implementation of new requirements for financial institutions to report bank account deposits, withdrawals, balances, transactions, or similar information to the Treasury Department or its delegates. The bill specifies that financial institutions may only be required to report such information to the extent that such reporting is already required under any program or other provision of law in effect on the date of the bill's enactment.
Committee Categories
Housing and Urban Affairs
Sponsors (50)
Tim Scott (R)*,
John Barrasso (R),
Marsha Blackburn (R),
Roy Blunt (R),
John Boozman (R),
Mike Braun (R),
Richard Burr (R),
Shelley Moore Capito (R),
Bill Cassidy (R),
Susan Collins (R),
John Cornyn (R),
Tom Cotton (R),
Kevin Cramer (R),
Mike Crapo (R),
Ted Cruz (R),
Steve Daines (R),
Joni Ernst (R),
Deb Fischer (R),
Lindsey Graham (R),
Chuck Grassley (R),
Bill Hagerty (R),
Josh Hawley (R),
John Hoeven (R),
Cindy Hyde-Smith (R),
James Inhofe (R),
Ron Johnson (R),
John Neely Kennedy (R),
James Lankford (R),
Mike Lee (R),
Cynthia Lummis (R),
Roger Marshall (R),
Mitch McConnell (R),
Jerry Moran (R),
Lisa Murkowski (R),
Rand Paul (R),
Rob Portman (R),
Jim Risch (R),
Mitt Romney (R),
Mike Rounds (R),
Marco Rubio (R),
Ben Sasse (R),
Rick Scott (R),
Richard Shelby (R),
Dan Sullivan (R),
John Thune (R),
Thom Tillis (R),
Pat Toomey (R),
Tommy Tuberville (R),
Roger Wicker (R),
Todd Young (R),
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 10/21/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/3056/all-info |
| BillText | https://www.congress.gov/117/bills/s3056/BILLS-117s3056is.pdf |
| Bill | https://www.congress.gov/117/bills/s3056/BILLS-117s3056is.pdf.pdf |
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