To prohibit the implementation of new requirements to report bank account deposits and withdrawals.
Prohibiting IRS Financial Surveillance Act
This bill prohibits the Department of the Treasury from requiring a financial institution to report the transfers into and out of a financial account. This prohibition does not apply to laws or regulations in effect on October 1, 2021.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 235.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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