[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7734 Reported in House (RH)]

<DOC>





                                                 Union Calendar No. 331
117th CONGRESS
  2d Session
                                H. R. 7734

                          [Report No. 117-425]

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.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 12, 2022

  Ms. Waters introduced the following bill; which was referred to the 
                    Committee on Financial Services

                             July 20, 2022

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]
[For text of introduced bill, see copy of bill as introduced on May 12, 
                                 2022]


_______________________________________________________________________

                                 A BILL


 
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.


 


    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 ``Timely Delivery of Bank Secrecy Act 
Reports Act''.

SEC. 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.''.
                                                 Union Calendar No. 331

117th CONGRESS

  2d Session

                               H. R. 7734

                          [Report No. 117-425]

_______________________________________________________________________

                                 A BILL

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.

_______________________________________________________________________

                             July 20, 2022

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed