S. 1071 · 112th Congress

A bill to limit suspicious activity reporting requirements to requests from law enforcement agencies, and for other purposes.

Stage
In committee
Sponsor
Rand Paul
Introduced
2011-05-25
Latest action
2011-05-25 · Introduced in Senate

Summary

Authorizes the Secretary of the Treasury to require a financial institution to report a suspicious transaction relevant to a possible violation of law or regulation only upon request of an appropriate law enforcement agency.