House Bill 1039
116th Congress(2019-2020)
To streamline requirements for currency transaction reports and suspicious activity reports, and for other purposes.
Introduced
Introduced in House on Feb 7, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1039
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
This bill directs the Department of Treasury to review requirements regarding currency-transaction reports and suspicious-activity reports, including their usefulness to law enforcement and ways to reduce regulatory burdens on financial institutions.
February 7, 2019
02/07/2019
Referred to the House Committee on Financial Services.
02/07/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 3:47:47 PM