S 1071

112th CONGRESS
1st Session

S. 1071

To limit suspicious activity reporting requirements to requests from law enforcement agencies, and for other purposes.

IN THE SENATE OF THE UNITED STATES

May 25, 2011

Mr. PAUL introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


A BILL

To limit suspicious activity reporting requirements to requests from law enforcement agencies, and for other purposes.

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

SECTION 1. SUSPICIOUS ACTIVITY REPORTS.

    Section 5318(g)(1) of title 31, United States Code, is amended by inserting before the period at the end the following: `, but only upon request of an appropriate law enforcement agency to such institution or person for such report'.

END