,,ii  #aagth ,,congress  #ast ,session  
,s4 #bheg  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,september #bg1
 #bjba,mr4 ,tuberville introduced the   
following bill2 which was read twice and
 referred to the ,committee on ,banking1
 ,housing1 and ,urban ,affairs  ,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 ,notwithstanding the ,bank      
,secrecy ,act or any regulations        
promulgated under such ,act 7as in      
effect on ,september #a1 #bjba71 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 ,bank ,secrecy ,act ,the    
term ,bank ,secrecy ,act means-- 7#a7   
section #ba of the ,federal ,deposit    
,insurance ,act 7#ab ,u4,s4,c4 #ahbi;b71
  7#b7 chapter #b of title ,i of ,public
 ,law #ia-ejh 7#ab ,u4,s4,c4 #aiea et   
seq471 and  7#c7 subchapter ,,ii of     
chapter #ec of title #ca1 ,united       
,states ,code4