Union Calendar No. 331
117th CONGRESS 2d Session |
[Report No. 117–425]
To amend title 31, United States Code, to require the timely production of reports to Congress under the Bank Secrecy Act, and for other purposes.
May 12, 2022
Ms. Waters introduced the following bill; which was referred to the Committee on Financial Services
July 20, 2022
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
[Strike out all after the enacting clause and insert the part printed in italic]
[For text of introduced bill, see copy of bill as introduced on May 12, 2022]
To amend title 31, United States Code, to require the timely production of reports to Congress under the Bank Secrecy Act, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Timely Delivery of Bank Secrecy Act Reports Act”.
SEC. 2. Timely production of Bank Secrecy Act reports to Congress.
Section 5319 of title 31, United States Code, is amended—
(2) by adding at the end the following:
“(b) Timely production of reports to Congress.—
“(1) PRODUCTION BY THE SECRETARY.—Upon the request of the congressional committees or subcommittees of appropriate jurisdiction for any report filed under this subchapter, the Secretary of the Treasury shall deliver the requested report to the committee or subcommittee not later than 30 days after such request is made.
“(2) PRODUCTION BY A FINANCIAL INSTITUTION PURSUANT TO A SUBPOENA.—Upon subpoena by the congressional committees or subcommittees of appropriate jurisdiction, a financial institution shall deliver a report filed under this subchapter by the financial institution, and any information on which such report is based, to the committee or subcommittee not later than the return date specified for such report in the subpoena.”.
Union Calendar No. 331 | |||||
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[Report No. 117–425] | |||||
A BILL | |||||
To amend title 31, United States Code, to require the timely production of reports to Congress under the Bank Secrecy Act, and for other purposes. | |||||
July 20, 2022 | |||||
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed |