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Prohibiting IRS Financial Surveillance Act

USA117th CongressS-3056| Senate 
| Updated: 10/21/2021
Tim Scott

Tim Scott

Republican Senator

South Carolina

Cosponsors (49)
Joni Ernst (Republican)Tommy Tuberville (Republican)Rick Scott (Republican)Bill Cassidy (Republican)Mike Braun (Republican)Roger Marshall (Republican)Dan Sullivan (Republican)Mitch McConnell (Republican)Thomas Tillis (Republican)Cindy Hyde-Smith (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Cynthia M. Lummis (Republican)Ron Johnson (Republican)Marsha Blackburn (Republican)Todd Young (Republican)Tom Cotton (Republican)James M. Inhofe (Republican)Lindsey Graham (Republican)Roger F. Wicker (Republican)Rand Paul (Republican)Mitt Romney (Republican)John Boozman (Republican)Roy Blunt (Republican)John Thune (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Ben Sasse (Republican)Kevin Cramer (Republican)James Lankford (Republican)John Kennedy (Republican)Deb Fischer (Republican)Bill Hagerty (Republican)John Barrasso (Republican)Richard C. Shelby (Republican)Josh Hawley (Republican)John Cornyn (Republican)Susan M. Collins (Republican)Chuck Grassley (Republican)Marco Rubio (Republican)Patrick Toomey (Republican)Rob Portman (Republican)Steve Daines (Republican)John Hoeven (Republican)Mike Crapo (Republican)Lisa Murkowski (Republican)Richard Burr (Republican)Shelley Moore Capito (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Oct 15, 2021

Latest Companion Bill Action

HR 117-5586
Introduced in House
Oct 21, 2021
Introduced in Senate
Oct 21, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • October 15, 2021

    Latest Companion Bill Action

    HR 117-5586
    Introduced in House


  • October 21, 2021
    Introduced in Senate


  • October 21, 2021
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 117-5586: Prohibiting IRS Financial Surveillance Act
  • S 117-3455: Prohibiting IRS Financial Surveillance Act

Prohibiting IRS Financial Surveillance Act

USA117th CongressS-3056| Senate 
| Updated: 10/21/2021
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 15, 2021

Latest Companion Bill Action

HR 117-5586
Introduced in House
Oct 21, 2021
Introduced in Senate
Oct 21, 2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • October 15, 2021

    Latest Companion Bill Action

    HR 117-5586
    Introduced in House


  • October 21, 2021
    Introduced in Senate


  • October 21, 2021
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Tim Scott

Tim Scott

Republican Senator

South Carolina

Cosponsors (49)
Joni Ernst (Republican)Tommy Tuberville (Republican)Rick Scott (Republican)Bill Cassidy (Republican)Mike Braun (Republican)Roger Marshall (Republican)Dan Sullivan (Republican)Mitch McConnell (Republican)Thomas Tillis (Republican)Cindy Hyde-Smith (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Cynthia M. Lummis (Republican)Ron Johnson (Republican)Marsha Blackburn (Republican)Todd Young (Republican)Tom Cotton (Republican)James M. Inhofe (Republican)Lindsey Graham (Republican)Roger F. Wicker (Republican)Rand Paul (Republican)Mitt Romney (Republican)John Boozman (Republican)Roy Blunt (Republican)John Thune (Republican)Mike Rounds (Republican)Ted Cruz (Republican)Ben Sasse (Republican)Kevin Cramer (Republican)James Lankford (Republican)John Kennedy (Republican)Deb Fischer (Republican)Bill Hagerty (Republican)John Barrasso (Republican)Richard C. Shelby (Republican)Josh Hawley (Republican)John Cornyn (Republican)Susan M. Collins (Republican)Chuck Grassley (Republican)Marco Rubio (Republican)Patrick Toomey (Republican)Rob Portman (Republican)Steve Daines (Republican)John Hoeven (Republican)Mike Crapo (Republican)Lisa Murkowski (Republican)Richard Burr (Republican)Shelley Moore Capito (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 117-5586: Prohibiting IRS Financial Surveillance Act
  • S 117-3455: Prohibiting IRS Financial Surveillance Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted