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Bill117th CongressFiled Oct 21, 2021Finance and Financial Sector
S. 3056

Prohibiting IRS Financial Surveillance Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in senate (Oct 21, 2021)

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 just happenedOct 21, 2021

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Who’s behind it

Sen. Scott, Tim [R-SC](R-SC)Sponsor
49 cosponsors49 R
Read on Congress.gov
49cosponsors1committees2actions2related bills
  1. Oct 21, 2021IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. Oct 21, 2021IntroReferral10000

    Introduced in Senate

Prohibiting IRS Financial Surveillance Act — Informed