HR 2040 · 117th Congress · Finance and Financial Sector

Financial Reporting Threshold Modernization Act

Introduced 2021-03-18· Sponsored by Rep. Loudermilk, Barry [R-GA-11]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2021-03-18)

Plain Language Summary

[AI summary unavailable — showing source text] Financial Reporting Threshold Modernization Act This bill increases the threshold dollar amounts above which financial institutions are required to file currency-transaction and suspicious-activity reports with the Financial Crimes Enforcement Network.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Republicans