S 3056
117th Congress
Senate
Finance and Financial Sector
Prohibiting IRS Financial Surveillance Act
Introduced: October 21, 2021
Introduced by:
Scott, Tim
Republican
· South Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 21, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 21, 2021
Introduced in Senate
Plain-English summary
Prohibiting IRS Financial Surveillance Act
This bill prohibits the Department of the Treasury from requiring a financial institution to report the balances, transactions, or the transfers into and out of a financial account. This prohibition does not apply to laws or regulations in effect on the date of enactment.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1