S. 3056 · 117th Congress

Prohibiting IRS Financial Surveillance Act

Stage
In committee
Sponsor
Tim Scott
Introduced
2021-10-21
Latest action
2021-10-21 · Introduced in Senate

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.