119th CongressH. R. 6029
Introduced in House
To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.
SEC. 1. CRIME STOPPER ORGANIZATIONSTrack this section →
Section 5313(d) of title 31, United States Code, is amended by adding at the end the following: (3) Crime stopper organizations The Secretary of the Treasury shall exempt a depository institution from the reporting requirements of subsection (a) with respect to a transaction between the depository institution and a nonprofit organization if the transaction is in connection with the nonprofit organization providing a cash reward in exchange for information about a crime..
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