118th Congress · HOUSE BILLBILL

H.R. 1010 — Prohibiting IRS Financial Surveillance Act

“To prohibit the implementation of new requirements to report bank account deposits and withdrawals.”

Finance and financial sector

Introduced Feb 14, 2023

Last action Feb 14, 2023

Pipeline · Bill → Law

Step 1

Introduced

Feb 14, 2023

Step 2

Referred

Feb 14, 2023

Financial Services

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill prohibits the Department of the Treasury from requiring a financial institution to report the transfers into and out of a financial account. This prohibition does not apply to laws or regulations in effect on January 1, 2023.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Feb 14, 2023

Introduced in House

Feb 14, 2023

Referred to the House Committee on Financial Services.