US Congress Senate Bill 1077 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 25 2011 - 25% progression, died in committee
Action: 2011-05-25 - Read twice and referred to the Committee on the Judiciary.
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Prohibits the Secretary of the Treasury from requiring any financial institution or any other entity subject to regulation or oversight by the Secretary or pursuant to federal securities laws specified in the Securities Exchange Act of 1934 to report suspicious transactions relevant to a possible violation of law or regulation, unless the appropriate U.S. district court issues an order finding that a warrant could be issued under the search and seizure provisions of the Federal Rules of Criminal Procedure.

A bill to require judicial review of Suspicious Activity Reports.

Sen. Rand Paul [R-KY]

Date	Chamber	Action
2011-05-25	Senate	Read twice and referred to the Committee on the Judiciary.

SB1050 (Related) 2011-05-24 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 66.
SB1070 (Related) 2011-05-25 - Read twice and referred to the Committee on the Judiciary.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/1077/all-info
Text	https://www.congress.gov/112/bills/s1077/BILLS-112s1077is.pdf