HR 5961 · 96th Congress · Finance and Financial Sector
Currency and Foreign Transactions Reporting Act Amendments of 1980
Bill Progress
✓
Introduced✓
Committee3
House Vote4
Senate5
EnactedLatest: Measure failed of passage in House, under suspension of rules, roll call #433 (135-248).(1980-07-28)
Recorded Votes
FailedHouse · 1980-07-28
Yea 135Nay 248
PassedHouse · 1980-07-28
Yea 135Nay 248
Plain Language Summary
[AI summary unavailable — showing source text]
Title I: - Amends the Currency and Foreign Transactions Reporting Act to extend the current reporting requirement to include persons "attempting" to transport monetary instruments into or from the United States. Title II: Authorizes any customs officer who has reasonable cause to suspect that monetary instruments are being transported for which a report is required to search, without a search warrant, any vehicle, vessel, aircraft, envelope or other container, or person entering or departing from the United States. Title III: - Authorizes the Secretary of the Treasury to pay a reward to any individual providing original information which leads to a recovery of at least $50,000 by way of a criminal fine, civil penalty, or forfeiture for a violation of such Act. Makes ineligible for such payment any Federal, State, or local employee who furnishes information in the performance of official duties.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
12 Democrats7 Republicans1 Independent