S. 2953 · 117th Congress · Senate

Protecting Financial Privacy Act of 2021

Active· Read twice and referred to the Committee on Finance.
Introduced
Oct 7, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Protecting Financial Privacy Act of 2021

This bill prohibits the Internal Revenue Service from creating or implementing any new financial account reporting program that would require financial institutions to report data on financial accounts in an information return listing balances, transactions, transfers, or inflows or outflows of any kind, and that was not in effect as of October 1, 2021.

Action Timeline

2
  1. OCT 07, 2021IntroReferral

    Introduced in Senate

  2. OCT 07, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Oct 7, 2021

Active