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H.R. 5586 117th Congress House

Prohibiting IRS Financial Surveillance Act

Official title: To prohibit the implementation of new requirements to report bank account deposits and withdrawals.

Introduced: October 15, 2021 See on congress.gov
Finance and Financial Sector
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 15, 2021
Referred to the House Committee on Financial Services.
Oct 15, 2021
Introduced in House
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 Latest action October 15, 2021

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 3
  • HR 1010 Reintroduced Bill Prohibiting IRS Financial Surveillance Act
  • S 3455 Prohibiting IRS Financial Surveillance Act
  • S 3056 Prohibiting IRS Financial Surveillance Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 181
All 181 Republican 132
R
Carey, Mike
Ohio · Feb 1, 2022
 R
Hill, J. French
Arkansas · Feb 1, 2022
 R
Crenshaw, Dan
Texas · Nov 17, 2021
 R
Palmer, Gary J.
Alabama · Nov 17, 2021
Zeldin, Lee
· Nov 17, 2021
 R
DesJarlais, Scott
Tennessee · Nov 1, 2021
 R
Donalds, Byron
Florida · Nov 1, 2021
Fortenberry, Jeff
· Nov 1, 2021
 R
LaMalfa, Doug
California · Nov 1, 2021
Rodgers, Cathy
· Nov 1, 2021
 R
Fitzpatrick, Brian K.
Pennsylvania · Oct 25, 2021
 R
Joyce, John
Pennsylvania · Oct 25, 2021
 R
Obernolte, Jay
California · Oct 25, 2021
Brooks, Mo
· Oct 22, 2021
 R
Cloud, Michael
Texas · Oct 22, 2021
Davis, Rodney
· Oct 22, 2021
 R
Feenstra, Randy
Iowa · Oct 22, 2021
 R
Fitzgerald, Scott
Wisconsin · Oct 22, 2021
 R
Gooden, Lance
Texas · Oct 22, 2021
Long, Billy
· Oct 22, 2021
 R
Loudermilk, Barry
Georgia · Oct 22, 2021
 R
Malliotakis, Nicole
New York · Oct 22, 2021
 R
Spartz, Victoria
Indiana · Oct 22, 2021
 R
Aderholt, Robert B.
Alabama · Oct 21, 2021
 R
Boebert, Lauren
Colorado · Oct 21, 2021
Bucshon, Larry
· Oct 21, 2021
Burgess, Michael
· Oct 21, 2021
 R
Calvert, Ken
California · Oct 21, 2021
 R
Carter, John R.
Texas · Oct 21, 2021
Cawthorn, Madison
· Oct 21, 2021
 R
Cline, Ben
Virginia · Oct 21, 2021
 R
Diaz-Balart, Mario
Florida · Oct 21, 2021
 R
Fleischmann, Charles J. "Chuck"
Tennessee · Oct 21, 2021
 R
Foxx, Virginia
North Carolina · Oct 21, 2021
 R
Franklin, Scott
Florida · Oct 21, 2021
Gallagher, Mike
· Oct 21, 2021
Gonzalez, Anthony
· Oct 21, 2021
Good, Bob
· Oct 21, 2021
 R
Higgins, Clay
Louisiana · Oct 21, 2021
 R
Hinson, Ashley
Iowa · Oct 21, 2021
Jacobs, Chris
· Oct 21, 2021
Johnson, Bill
· Oct 21, 2021
 R
Joyce, David P.
Ohio · Oct 21, 2021
Lesko, Debbie
· Oct 21, 2021
 R
Mast, Brian J.
Florida · Oct 21, 2021
 R
McCaul, Michael T.
Texas · Oct 21, 2021
Meijer, Peter
· Oct 21, 2021
 R
Miller, Mary E.
Illinois · Oct 21, 2021
 R
Moore, Blake D.
Utah · Oct 21, 2021
Mullin, Markwayne
· Oct 21, 2021
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Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5586: Prohibiting IRS Financial Surveillance Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-5586/
MLA
"H.R. 5586: Prohibiting IRS Financial Surveillance Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-5586/.
Bluebook (legal)
H.R. 5586, 117th Cong. (2026), https://openamerica.io/bill/117-HR-5586/.
Markdown link
[H.R. 5586: Prohibiting IRS Financial Surveillance Act](https://openamerica.io/bill/117-HR-5586/)
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