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BillHR 6029 · 119

To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.

Introduced
Nov 12, 2025
Cosponsors
1
Traction
0
Last Action
Nov 12, 2025

Bill Summary

Exempts crime stopper organizations from reporting certain cash transactions related to reward payments. This means they won't have to file special reports for these payments.

Sponsored By

Michael Guest
Republican · Mississippi · House

Bill Journey

  1. Nov 12, 2025
  2. Nov 12, 2025You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  3. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  4. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  5. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill affects crime stopper organizations, allowing them to make cash reward payments without the burden of extra reporting requirements. It also impacts the recipients of these reward payments, who will not have their transactions reported in the same way as other large cash transactions.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
2backers
  • Republican2
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Cosponsors (1)

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
IntroducedNov 12, 2025
Last UpdatedNov 12, 2025
Latest ActionReferred to the House Committee on Financial Services.
Subjects
  • Economy
  • Safety

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.