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Bills/119th Congress · House

H.R. 6029

Introduced

To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.

Sponsor
RMichael Guest· Mississippi
Introduced
November 12, 2025
Policy area
Finance and Financial Sector
Latest action
Referred to the House Committee on Financial Services.November 12, 2025
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6029 Introduced in House (IH)]

<DOC>

119th CONGRESS
1st Session
H. R. 6029

To amend the Bank Secrecy Act to exempt transactions with respect to 
cash reward payments by crime stopper organizations from certain 
currency transaction reports.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

November 12, 2025

Mr. Guest introduced the following bill; which was referred to the 
Committee on Financial Services

_______________________________________________________________________

A BILL

To amend the Bank Secrecy Act to exempt transactions with respect to 
cash reward payments by crime stopper organizations from certain 
currency transaction reports.

Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CRIME STOPPER ORGANIZATIONS.

Section 5313(d) of title 31, United States Code, is amended by 
adding at the end the following:
``(3) Crime stopper organizations.--The Secretary of the 
Treasury shall exempt a depository institution from the 
reporting requirements of subsection (a) with respect to a 
transaction between the depository institution and a nonprofit 
organization if the transaction is in connection with the 
nonprofit organization providing a cash reward in exchange for 
information about a crime.''.
<all>

Plain-language analysis

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