117 HR 7734 EH: Timely Delivery of Bank Secrecy Act Reports Act U.S. House of Representatives text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

IB 117th CONGRESS2d Session H. R. 7734 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend title 31, United States Code, to require the timely production of reports to Congress under the Bank Secrecy Act, and for other purposes.

1.

Short title

This Act may be cited as the Timely Delivery of Bank Secrecy Act Reports Act.

2.

Timely production of Bank Secrecy Act reports to Congress

Section 5319 of title 31, United States Code, is amended— (1)by striking The Secretary of the Treasury and inserting the following: (a)

In general

The Secretary of the Treasury; and (2)by adding at the end the following: (b)

Timely production of reports to Congress

(1)

Production by the Secretary

Upon the request of the congressional committees or subcommittees of appropriate jurisdiction for any report filed under this subchapter, the Secretary of the Treasury shall deliver the requested report to the committee or subcommittee not later than 30 days after such request is made. (2)

Production by a financial institution pursuant to a subpoena

Upon subpoena by the congressional committees or subcommittees of appropriate jurisdiction, a financial institution shall deliver a report filed under this subchapter by the financial institution, and any information on which such report is based, to the committee or subcommittee not later than the return date specified for such report in the subpoena..

Passed the House of Representatives July 26, 2022.Cheryl L. Johnson,Clerk.