HR 6029 Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.
To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.
To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.
Summary
This bill amends the Bank Secrecy Act to create an exemption from currency transaction reporting requirements for certain transactions involving crime stopper organizations. Under current law, depository institutions must report large cash transactions to the Treasury Department. The bill exempts banks from this reporting requirement when transactions involve a nonprofit organization providing cash rewards to individuals who provide information about crimes. The exemption applies only to transactions between the bank and the nonprofit crime stopper organization related to reward payments.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Guest, Michael [R-MS-3] (R-MS)
2 cosponsors
- Rep. Ezell, Mike [R-MS-4] (R-MS)
- Rep. Kelly, Trent [R-MS-1] (R-MS)
Actions (2)
- Nov 12, 2025 Referred to the House Committee on Financial Services. · house
- Nov 12, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
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>
Comments