House
Jan 16, 2025Bank Privacy Reform Act
Summary
Official
Bank Privacy Reform Act This bill eliminates provisions that require financial institutions to report certain financial information to specified government agencies. Currently, financial institutions are required to report certain financial transactions (e.g., transfers of over $10,000) for the purpose of detecting illicit activity, such as money laundering or the...
Bill Progress
Bill has been introduced and assigned a number
Introduced(1/16/25)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
JR
Mr. Rose
House (R) Tennessee – 6
Cosponsors (1)
Latest Action
Referred to the House Committee on Financial Services.
Jan 16, 2025
View Bill on Congress.gov