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S 3455 117th Congress Senate Finance and Financial Sector

Prohibiting IRS Financial Surveillance Act

Introduced: January 10, 2022 Introduced by: Scott, Tim Republican · South Carolina See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 18, 2022
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 235.
Jan 10, 2022
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Jan 10, 2022
Introduced in Senate
 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 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 January 18, 2022

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 235.