,i  #aagth ,,congress  #ast ,session    
,h4 ,r4 #edea  ,,in ,,the ,,house ,,of  
,,representatives  ,september #cj1      
#bjba,mrs4 ,hinson introduced the       
following bill2 which was referred to   
the ,committee on ,financial ,services  
,a ,,bill  ,to prohibit any ,federal    
agency from requiring financial         
institutions to report on the financial 
transactions of their customers4  #a4   
,short title ,this ,act may be cited as 
the ,protecting ,financial ,privacy ,act
 of #bjba4  #b4 ,prohibiting ,federal   
agencies from requiring financial       
institutions to report on financial     
transactions of customers  7a7 ,in      
general ,no ,federal agency 7including  
the ,department of the ,treasury7 shall 
be permitted to create1 implement1 or   
administer any financial account        
information reporting program that would
 require financial institutions or      
individuals to report data on financial 
accounts in an information return       
listing balances1 transactions1         

transfers1 or inflows or outflows of any
 kind4  7b7 ,exceptions ,subsection 7a7 
shall not apply to-- 7#a7 any law or    
regulation in effect on ,september #a1  
#bjba2 or  7#b7 the ,bank ,secrecy ,act1
 except that subsection 7a7 shall apply 
to any regulations issued pursuant to   
the ,bank ,secrecy ,act after ,september
 #a1 #bjba4  7c7 ,bank ,secrecy ,act    
defined ,in this section1 the term ,bank
 ,secrecy ,act means-- 7#a7 section #ba 
of the ,federal ,deposit ,insurance ,act
 7#ab ,u4,s4,c4 #ahbi;b72  7#b7 chapter 
#b of title ,i of ,public ,law #ia-ejh  
7#ab ,u4,s4,c4 #aiea et seq472 and  7#c7
 subchapter ,,ii of chapter #ec of title
 #ca1 ,united ,states ,code4