To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 3
- Latest action
- Nov 12, 2025
What it does
The bill would amend the Bank Secrecy Act to exempt depository institutions from filing certain currency transaction reports for cash reward payments made by crime stopper organizations to individuals who provide information about crimes. Specifically, it would add a provision to Section 5313(d) of title 31, United States Code, requiring the Secretary of the Treasury to exempt such transactions when a nonprofit crime stopper organization provides a cash reward in exchange for crime-related information. This change aims to reduce regulatory burden on banks processing these payments while maintaining oversight of other financial transactions. The bill applies to depository institutions and…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.