H.R. 5475 — Introduced in House

I 117th CONGRESS 1st Session H. R. 5475 IN THE HOUSE OF REPRESENTATIVES September 30, 2021Mr. Van Drew introduced the following bill; which was referred to the Committee on Financial Services A BILL To prohibit the Secretary of the Treasury from implementing new information reporting requirements relating to inflows or outflows from individual and business bank and financial accounts. 1. Short title This Act may be cited as the Banking Privacy Act of 2021. 2. Prohibition on new reporting requirements The Secretary of the Treasury may not implement any new information reporting requirements on inflows or outflows of deposits or withdrawals in individual and business banking and other financial accounts.