[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1184 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 1184

    To amend title 31, United States Code, to provide for lessened 
  penalties for certain violations of the anti-structuring laws when 
violations are with respect to certain domestic financial institutions 
   and are not taken in connection with another crime, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 14, 2013

  Mr. Harris introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
    To amend title 31, United States Code, to provide for lessened 
  penalties for certain violations of the anti-structuring laws when 
violations are with respect to certain domestic financial institutions 
   and are not taken in connection with another crime, 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. SHORT TITLE.

    This Act may be cited as the ``Small Business Deposit Relief Act of 
2013''.

SEC. 2. LIMITATION ON PENALTIES FOR CERTAIN STRUCTURING NOT INVOLVING 
              ANOTHER CRIME.

    Section 5324 of title 31, United States Code, is amended--
            (1) in subsection (d)--
                    (A) by redesignating paragraph (2) as paragraph 
                (3); and
                    (B) by inserting after paragraph (1) the following:
            ``(2) Limitation on criminal penalties for certain non-
        aggravated cases.--
                    ``(A) In general.--Notwithstanding paragraph (1), 
                but subject to paragraph (3), whoever violates this 
                section shall be fined in accordance with title 18, 
                United States Code, imprisoned for not more than 1 
                year, or both, where such violation--
                            ``(i) was of section 5324(a);
                            ``(ii) was not made while also violating 
                        another law of the United States; and
                            ``(iii) was made with respect to a 
                        transaction involving a domestic financial 
                        institution described under subparagraphs (A) 
                        through (F) of section 5312(a)(2).
                    ``(B) No imprisonment for first offense.--
                Notwithstanding subparagraph (A), a person committing a 
                violation described under that subparagraph shall not 
                be subject to imprisonment for such violation if the 
                person has not previously been convicted of a violation 
                described under such subparagraph.''; and
            (2) by adding at the end the following:
    ``(e) Limitation on Property Forfeiture and Monetary Penalties for 
Certain Structuring Not Involving Another Crime.--With respect to a 
violation, the aggregate amount of property forfeited under section 
5317(c)(1), property seized and forfeited under section 5317(c)(2), any 
money penalty imposed under section 5321(a)(4)(A), and any fine imposed 
under subsection (d) may not exceed 10 percent of the amount of coins 
and currency (or such other monetary instruments as the Secretary may 
prescribe) involved in the transaction with respect to which the 
violation occurred, if the violation--
            ``(1) was of section 5324(a);
            ``(2) was not made while also violating another law of the 
        United States; and
            ``(3) was made with respect to a transaction involving a 
        domestic financial institution described under subparagraphs 
        (A) through (F) of section 5312(a)(2).''.
                                 <all>