,,ii  #aag? ,,congress  #b;d ,session   
,s4 #dhfi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,septemb] #ae1         
#bjbb,mr4 ,lee 7= himself1 ,ms4 ,lummis1
 & ,mr4 ,braun7 introduc$ ! foll[+ bill2
 :i* 0 read twice & ref]r$ to !         
,committee on ,f9ance  ,a ,,bill  ,to   
index c]ta9 ?re%olds = inflation4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,sav+ ,privacy ,act4  #b4 ,f9d+s        
,congress f9ds ! foll[+3 7#a7 ,public   
,law #ia-ejh 7ref]r$ to 9 ?is section z 
! ,bank ,secrecy ,act7 au?oriz$ !       
,secret>y ( ! ,treasury to e/abli%      
record+ & report+ requirem5ts = f9ancial
 in/itutions1 includ+ ! prescription (  
?re%olds = su* requirem5ts4  7#b7 ,9    
#aigb1 ! ,dep>tm5t ( ! ,treasury publi%$
 ! f9al rule implem5t+ ! ,bank ,secrecy 
,act1 :i* requir$ fil+ a report on ea*  
transaction 9 curr5cy ( m ?an #aj1jjj4  
7#c7 ,:ile ! ,supreme ,c\rt ( ! ,unit$  
,/ates issu$ a rul+ 9 ,cali=nia ,bank]s 
,association v4 ,%ultz1 #daf ,u4,s4 #ba 
7#aigd7 t ! ,bank ,secrecy ,act did n   

violate ! ,f\r? ,am5dm5t to !           
,con/itution ( ! ,unit$ ,/ates1 !       
controll+ op9ion caution$ t a           
significant ext5sion ( ! regulations'   
report+ requirem5ts 4 4 4 w\ld pose     
sub/antial & difficult con/itutional    
que/ions4  7#d7 ,inflation has ris5 to  
almo/ #fjj p]c5t s9ce ! #aigd decision  
describ$ 9 p>agraph 7#c7 & ! ?re%old has
 n be5 adju/$ accord+ly4  7#e7 ,:ile    
#aj1jjj 0 suffici5t to buy a mode/      
multi-b$room home 9 ! #aigjs1 today t   
am\nt _c ev5 cov] ! pur*ase ( _m lightly
 us$ c>s4  7#f7 ,?is developm5t         
repres5ts a significant ext5sion ( !    
report+ requirem5ts "u ! applicable     
regulations & c\ld r5d] ! ,bank ,secrecy
 ,act report+ requirem5t uncon/itutional
 unless r$ress$4  #c4 ,records & reports
 on monet>y in/rum5t transactions ,title
 #ca1 ,unit$ ,/ates ,code1 is am5d$--   
7#a7 9 section #ecac7;a71 9 ! fir/      
s5t5ce1 by /rik+ 1 or "u circum/ances ! 
,secret>y prescribes by regulation &    
ins]t+ n less ?an #aj1jjj 7z adju/$ =   

ea* fiscal ye> beg9n+ aft] ,septemb]    
#cj1 #bjbb to reflect ! p]c5tage *ange 9
 ! ,consum] ,price ,index = su* fiscal  
ye> comp>$ to ! ,consum] ,price ,index =
 ! ye> end+ ,septemb] #cj1 #aigd72  7#b7
 9 section #ecaf7;a71 by /rik+ m ?an    
#aj1jjj ea* place ! t]m appe>s & ins]t+ 
n less ?an #aj1jjj 7z adju/$ = ea*      
fiscal ye> beg9n+ aft] ,septemb] #cj1   
#bjbb to reflect ! p]c5tage *ange 9 !   
,consum] ,price ,index = su* fiscal ye> 
comp>$ to ! ,consum] ,price ,index = !  
ye> end+ ,septemb] #cj1 #aigd72  7#c7 9 
section #ecah-- 7,a7 9 subsection       
7a77#b71 by /rik+ z ! ,secret>y may     
prescribe by regulation & ins]t+ relat+ 
to transactions ( n less ?an #aj1jjj 7z 
adju/$ = ea* fiscal ye> beg9n+ aft]     
,septemb] #cj1 #bjbb to reflect !       
p]c5tage *ange 9 ! ,consum] ,price      
,index = su* fiscal ye> comp>$ to !     
,consum] ,price ,index = ! ye> end+     
,septemb] #cj1 #aigd72 &  7,b7 9        
subsection 7g7-- 7i7 9 p>agraph 7#a71 by
 ins]t+ ( n less ?an #aj1jjj 7z adju/$ =

 ea* fiscal ye> beg9n+ aft] ,septemb]   
#cj1 #bjbb to reflect ! p]c5tage *ange 9
 ! ,consum] ,price ,index = su* fiscal  
ye> comp>$ to ! ,consum] ,price ,index =
 ! ye> end+ ,septemb] #cj1 #aigd7 aft]  
report any suspici\s transaction2 &     
7ii7 9 p>agraph 7#e77;,d77ii77,,ii71 by 
ins]t+ ( n less ?an #aj1jjj 7z adju/$ = 
ea* fiscal ye> beg9n+ aft] ,septemb]    
#cj1 #bjbb to reflect ! p]c5tage *ange 9
 ! ,consum] ,price ,index = su* fiscal  
ye> comp>$ to ! ,consum] ,price ,index =
 ! ye> end+ ,septemb] #cj1 #aigd7 aft]  
any o!r transaction2  7#d7 9 section    
#ecca1 9 subsections 7a77#a77;,b7 &     
7d77#a77;,b71 by /rik+ #aj1jjj ea* place
 ! t]m appe>s & ins]t+ #aj1jjj 7z adju/$
 = ea* fiscal ye> beg9n+ aft] ,septemb] 
#cj1 #bjbb to reflect ! p]c5tage *ange 9
 ! ,consum] ,price ,index = su* fiscal  
ye> comp>$ to ! ,consum] ,price ,index =
 ! ye> end+ ,septemb] #cj1 #aigd72 &    
7#e7 9 section #eccb7;a77#a71 by /rik+  
#aj1jjj & ins]t+ #aj1jjj 7z adju/$ = ea*
 fiscal ye> beg9n+ aft] ,septemb] #cj1  

#bjbb to reflect ! p]c5tage *ange 9 !   
,consum] ,price ,index = su* fiscal ye> 
comp>$ to ! ,consum] ,price ,index = !  
ye> end+ ,septemb] #cj1 #aigd74  #d4    
,returns relat+ to ca% receiv$ 9 trade  
or bus9ess ,section #fjej;,i ( !        
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7a7 9 subsections 7a77#b71      
7d77#b71 & 7g77#a71 by /rik+ #aj1jjj ea*
 place ! t]m appe>s & ins]t+ #aj1jjj 7z 
adju/$ = ea* fiscal ye> beg9n+ aft]     
,septemb] #cj1 #bjbb to reflect !       
p]c5tage *ange 9 ! ,consum] ,price      
,index = su* fiscal ye> comp>$ to !     
,consum] ,price ,index = ! ye> end+     
,septemb] #cj1 #aigd72 &  7b7 9         
subsection 7d77#a71 by ins]t+ ( n m ?an 
#aj1jjj 7z adju/$ = ea* fiscal ye>      
beg9n+ aft] ,septemb] #cj1 #bjbb to     
reflect ! p]c5tage *ange 9 ! ,consum]   
,price ,index = su* fiscal ye> comp>$ to
 ! ,consum] ,price ,index = ! ye> end+  
,septemb] #cj1 #aigd7 aft] curr5cy4  #e4
 ,recordkeep+ regulations = insur$      
depository in/itutions ,section #ba7;b7 

( ! ,f$]al ,deposit ,insurance ,act 7#ab
 ,u4,s4,c4 #ahbi;b7b77 is am5d$ by add+ 
at ! end ! foll[+3  7#d7 ,?re%olds ,!   
regulations prescrib$ "u ?is subsection 
%all apply to transactions ( n less ?an 
#aj1jjj 7z adju/$ = ea* fiscal ye>      
beg9n+ aft] ,septemb] #cj1 #bjbb to     
reflect ! p]c5tage *ange 9 ! ,consum]   
,price ,index = su* fiscal ye> comp>$ to
 ! ,consum] ,price ,index = ! ye> end+  
,septemb] #cj1 #aigd74  4