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Bill > S1077


US S1077

US S1077
A bill to require judicial review of Suspicious Activity Reports.


summary

Introduced
In Committee
Crossed Over
Passed
Dead

Introduced Session

112th Congress

Bill Summary

Prohibits the Secretary of the Treasury from requiring any financial institution or any other entity subject to regulation or oversight by the Secretary or pursuant to federal securities laws specified in the Securities Exchange Act of 1934 to report suspicious transactions relevant to a possible violation of law or regulation, unless the appropriate U.S. district court issues an order finding that a warrant could be issued under the search and seizure provisions of the Federal Rules of Criminal Procedure.

Committee Categories

Justice

Sponsors (1)

Last Action

Read twice and referred to the Committee on the Judiciary. (on 05/25/2011)

bill text


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