,,ii  #aai? ,,congress  #a/ ,session    
,s4 #cjag  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,octob] #bj1 #bjbe ,mr4
 ,k5n$y 7= himself1 ,mr4 ,scott ( ,s\?  
,c>ol9a1 ,mr4 ,r\nds1 ,mrs4 ,britt1 ,ms4
 ,lummis1 ,mr4 ,hag]ty1 ,mr4 ,crapo1    
,mr4 ,mor5o1 & ,mr4 ,ricketts7 introduc$
 ! foll[+ bill2 :i* 0 read twice &      
ref]r$ to ! ,committee on ,bank+1 ,h\s+1
 & ,urban ,affairs  ,a ,,bill  ,to      
require updates to ! ?re%old am\nts     
applicable to c]ta9 curr5cy transaction 
reports1 & = o!r purposes4  #a4  ,%ort  
title  ,?is ,act may be cit$ z !        
,/reaml9+ ,transaction ,report+ &       
,ensur+ ,anti-,money ,laund]+           
,improvem5ts = a ,new ,era ,act or !    
,,/reaml9e ,act4  #b4  ,treasury reports
  7a7  ,?re%olds = curr5cy transaction  
reports  7#a7  ,curr5cy transaction     
reports  7,a7  ,initial updat$ ?re%old  
,n lat] ?an #ahj days aft] ! date (     
enactm5t ( ?is ,act1 ! ,secret>y ( !    
,treasury %all issue regulations        
pursuant to sections #ecac & #ecae (    

title #ca1 ,unit$ ,/ates ,code1 to      
update ea* ?re%old am\nt "u su*         
regulations t is #aj1jjj to be #cj1jjj4 
7,b7  ,inflation adju/m5t  7i7  ,9 g5]al
  ,n lat] t #e ye>s aft] ! date on :i* !
 ,secret>y ( ! ,treasury updates        
regulations "u subp>agraph 7,a71 & e #e 
ye>s !reaft]1 ! ,secret>y ( ! ,treasury 
%all issue regulations pursuant to      
sections #ecac & #ecae ( title #ca1     
,unit$ ,/ates ,code1 to update ea*      
?re%old am\nt "u su* regulations requir$
 to be updat$ "u subp>agraph 7,a7 to    
reflect ! *ange dur+ ! applicable #e-ye>
 p]iod 9 ! ,consum] ,price ,index = ,all
 ,urban ,consum]s publi%$ by ! ,bureau (
 ,labor ,/ati/ics ( ! ,dep>tm5t (       
,labor1 :i* %all be r\nd$ to ! ne>e/    
multiple ( #a1jjj4  7ii7  ,effective    
date  ,ea* adju/m5t "u clause 7i7 %all  
take effect on ! fir/ ,janu>y #a occurr+
 aft] ! date on :i* ! ,secret>y ( !     
,treasury publi%es ! adju/m5t4  7#b7    
,reports relat+ to co9s & curr5cy       
receiv$ 9 nonf9ancial trade or bus9ess  

,section #ecca ( title #ca1 ,unit$      
,/ates ,code1 is am5d$-- 7,a7 by /rik+  
#aj1jjj ea* place x appe>s 9 a head+ or 
! text & ins]t+ #cj1jjj2 &  7,b7 by add+
 at ! end ! foll[+3  7e7 ,updates =     
inflation  7#a7 ,9 g5]al ,n lat] ?an #e 
ye>s aft] ! date ( enactm5t ( ?is       
subsection1 & e #e ye>s !reaft]1 !      
,secret>y ( ! ,treasury %all update ea* 
doll> figure "u ?is section to reflect !
 *ange dur+ ! applicable #e-ye> p]iod 9 
! ,consum] ,price ,index = ,all ,urban  
,consum]s publi%$ by ! ,bureau ( ,labor 
,/ati/ics ( ! ,dep>tm5t ( ,labor1 :i*   
%all be r\nd$ to ! ne>e/ multiple (     
#a1jjj4  7#b7  ,effective date  ,ea*    
adju/m5t "u p>agraph 7#a7 %all take     
effect on ! fir/ ,janu>y #a occurr+ aft]
 ! date on :i* ! ,secret>y ( ! ,treasury
 publi%es ! adju/m5t4  4  7b7  ,?re%olds
 = suspici\s activity reports  ,n lat]  
?an #ahj days aft] ! date ( enactm5t (  
?is ,act1 ! head ( ea* ,f$]al ag5cy t   
issues regulations ) respect to reports 
on suspici\s transactions describ$ "u   

section #ecah7;g7 ( title #ca1 ,unit$   
,/ates ,code1 %all update ea* ?re%old   
am\nt "u su* regulations t is #b1jjj to 
be #c1jjj & ea* ?re%old am\nt "u su*    
regulations t is #e1jjj to be #aj1jjj4  
7c7  ,review & report  ,n lat] ?an #cfj 
days aft] ! date ( enactm5t ( ?is ,act1 
! ,secret>y ( ! ,treasury %all--  7#a7  
review ! =ms & report+ & recordkeep+    
requirem5ts issu$ pursuant to sections  
#ecac1 #ecae1 & #ecah ( title #ca1      
,unit$ ,/ates ,code1 :i* %all include an
 analysis on ! aggregation1             
prioritization1 & automation ( ^? =ms & 
requirem5ts1 to ensure t su* =ms &      
report+ requirem5ts are effective &     
effici5t 9 id5tify+ illicit f9ance      
activity2  7#b7 update ! =ms &          
requirem5ts describ$ 9 p>agraph 7#a7 z !
 ,secret>y ( ! ,treasury det]m9es       
necess>y & consi/5t ) section           
#ecah7;g77#e7 ( title #ca1 ,unit$ ,/ates
 ,code2  7#c7 conduct ! reviews & submit
 ! reports requir$ "u sections #fbjd1   
#fbje1 & #fbaf ( ! ,anti-,money ,laund]+

 ,act ( #bjbj 7division ,f ( ! ,william 
,m4 7,mac7 ,?ornb]ry ,national ,def5se  
,au?orization ,act = ,fiscal ,ye> #bjba2
 #acd ,/at4 #defi2 #ca ,u4,s4,c4 #ecac  
note1 #ca ,u4,s4,c4 #ecaa note72 &  7#d7
 submit to ! ,committee on ,bank+1      
,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! 
,committee on ,f9ancial ,s]vices ( !    
,h\se ( ,repres5tatives a report t--    
7,a7 summ>izes ! results ( ! review     
conduct$ "u p>agraph 7#a72 &  7,b7      
includes recomm5dations = updat+ ! =ms &
 requirem5ts describ$ 9 p>agraph 7#a74  
7d7  ,rule ( con/ruction  ,no?+ 9 ?is   
section %all be con/ru$ to-- 7#a7 alt] !
 ability ( ! ,secret>y ( ! ,treasury to 
issue geographic t>get+ ord]s pursuant  
to section #ecbf ( title #ca1 ,unit$    
,/ates ,code2  7#b7 alt] any legal      
gr\nds = any geographic t>get+ ord]     
issu$ on or be=e ! date ( enactm5t ( ?is
 ,act2 or  7#c7 alt] ! ability ( !      
,secret>y ( ! ,treasury to r$uce report+
 ?re%olds :5 consi/5t ) all applicable  
law4