,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #ecc  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #af1 #bjbe,mr4
 ,rose 7= himself & ,mr4 ,ogles7        
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to make re=ms to ! ,bank       
,secrecy ,act1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,bank ,privacy ,re=m ,act4  #b4 ,bank   
,secrecy ,act re=ms  7a7 ,"r to         
,f9ancial ,privacy ,act ( #aigh ,! ,"r  
to ,f9ancial ,privacy ,act ( #aigh 7#ab 
,u4,s4,c4 #cdja et seq47 is am5d$-- 7#a7
 by am5d+ section #aajb to read z       
foll[s3  #aajb4 ,confid5tiality (       
records--,gov]nm5t au?orities ,except z 
provid$ by subsection 7c7 or 7d7 (      
section #aajc or section #aaac1 no      
,gov]nm5t au?ority may h access to or   
obta9 copies (1 or ! in=mation conta9$ 9
 ! f9ancial records ( any cu/om] f a    
f9ancial in/itution unless ! f9ancial   
records are reasonably describ$ & su*   
f9ancial records are disclos$ 9 response

 to a se>* w>rant :i* meets !           
requirem5ts ( section #aajf4  2  7#b7 by
 /rik+ sections #aajd1 #aaje1 #aajg1    
#aajh1 & #aaad2  7#c7 9 section         
#aaji7;a71 by /rik+ section #aajd7;c71  
#aaje7b71 #aajf7;c71 #aajg7b71 #aajh7d71
 & ins]t+ section #aajf7;c72 &  7#d7 9  
section #aaac1 by /rik+ subsections 7c7 
?r\gh 7r74  7b7 ,title #ca ,*apt] #ec ( 
title #ca1 ,unit$ ,/ates ,code1 is      
am5d$-- 7#a7 by am5d+ section #ecaa to  
read z foll[s3  #ecaa4 ,decl>ation (    
purpose ,x is ! purpose ( ?is sub*apt]  
to require f9ancial in/itutions to reta9
 transaction records t include in=mation
 id5tifi$ ) or id5tifiable z be+ d]iv$ f
 ! f9ancial records ( p>ticul> cu/om]s4 
2  7#b7 9 section #ecab7;a7-- 7,a7 9    
p>agraph 7#c7-- 7i7 9 subp>agraph 7,b71 
by add+ & at ! end2  7ii7 by /rik+      
subp>agraph 7,c72 &  7iii7 by r$esignat+
 subp>agraph 7,d7 z subp>agraph 7,c72 & 
7,b7 by am5d+ p>agraph 7#d7 to read z   
foll[s3  7#d7 nonf9ancial trade or      
bus9ess means any entity engag$ 9 trade 

or bus9ess o!r ?an a f9ancial           
in/itution4  2  7#c7 by /rik+ sections  
#ecac1 #ecad1 #ecae1 #ecaf1 #ecag1      
#ecah;,a1 #ecbd1 #ecbf1 #ecca1 #eccb1 & 
#eccf2  7#d7 9 section #ecah-- 7,a7 9   
subsection 7a7-- 7i7 by /rik+ 7except "u
 section #ecae ( ?is title & regulations
 prescrib$ "u section #ecae72  7ii7 by  
/rik+ p>agraph 7#b72 &  7iii7 by        
r$esignat+ p>agraphs 7#c7 ?r\gh 7#g7 z  
p>agraphs 7#b7 ?r\gh 7#f71 respectively2
 &  7,b7 9 subsection 7k7-- 7i7 9       
p>agraph 7#a77;,c71 by /rik+ has ! same 
mean+ z 9 section #ecah;,a7e77#a77;,b7 &
 ins]t+ means an acc\nt e/abli%$ to     
receive deposits f1 make paym5ts on     
behalf ( a =eign f9ancial in/itution1 or
 h&le o!r f9ancial transactions relat$  
to su* in/itution2 &  7ii7 9 p>agraph   
7#c77;,a77i7-- 7,i7 9 subclause 7,,ii71 
by add+ or at ! end2  7,,ii7 9 subclause
 7,,iii71 by /rik+ 2 or & ins]t+ a      
p]iod2 &  7,,iii7 by /rik+ subclause    
7,,iv72  7#e7 9 section #ecba-- 7,a7 9  
subsection 7a7-- 7i7 9 p>agraph 7#a71 by

 /rik+ 7except sections #ecad1 #ecae1 & 
#eccf ( ?is title or a regulation       
prescrib$ "u sections #ecad1 #ecae1 &   
#eccf72  7ii7 by /rik+ p>agraphs 7#b71  
7#c71 7#d71 & 7#e72  7iii7 9 p>agraph   
7#f71 by /rik+ 7except section #eccf7   
ea* place su* t]m appe>s2  7iv7 9       
p>agraph 7#g71 by /rik+ or any special  
measures impos$ "u section #ecah;,a2 &  
7v7 by r$esignat+ p>agraphs 7#f7 & 7#g7 
z p>agraphs 7#b7 & 7#c71 respectively2  
7,b7 by /rik+ subsection 7c72 &  7,c7 by
 r$esignat+ subsections 7d7 ?r\gh 7g7 z 
subsection 7c7 ?r\gh 7f71 respectively2 
7#f7 9 section #ecbb-- 7,a7 by /rik+    
7except section #ecae1 #ecbd1 or #eccf (
 ?is title or a regulation prescrib$ "u 
section #ecae1 #ecbd1 or #eccf7 ea*     
place su* t]m appe>s2 &  7,b7 9         
subsection 7d7-- 7i7 by /rik+ 1 or any  
special measures impos$ "u section      
#ecah;,a12 &  7ii7 by /rik+ or section  
#ecah;,a2  7#g7 9 section #ecbe7;a71 by 
ins]t+ aft] #c1jjj ! foll[+3 7z su*     
am\nt is annually adju/$ by ! ,secret>y 

to reflect ! p]c5tage *ange 9 ! ,consum]
 ,price ,index = ,all ,urban ,consum]s  
publi%$ by ! ,bureau ( ,labor ,/ati/ics 
( ! ,dep>tm5t ( ,labor72  7#h7 9 section
 #eccj7;d77#a7-- 7,a7 9 subp>agraph     
7,a71 by add+ & at ! end2  7,b7 by /rik+
 subp>agraph 7,b72 &  7,c7 by r$esignat+
 subp>agraph 7,c7 z subp>agraph 7,b72   
7#i7 9 section #ecce-- 7,a7 by /rik+    
subsection 7c72 &  7,b7 by r$esignat+   
subsections 7d7 & 7e7 z subsections 7c7 
& 7d71 respectively2  7#aj7 by /rik+    
sub*apt] ,,iii2 &  7#aa7 9 ! table (    
cont5ts 9 *apt] #ec1 by /rik+ ! items   
relat+ to-- 7,a7 sections #ecac1 #ecad1 
#ecae1 #ecaf1 #ecag1 #ecah;,a1 #ecbd1   
#ecbf1 #ecca1 #eccb1 & #eccf2 &  7,b7   
sub*apt] ,,iii4