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H.R. 6029

U.S. HouseIn House Committee

Summary

H.R. 6029, to amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports, was introduced in the House on Nov 12, 2025 by Rep. Michael Guest (R) with 2 co-sponsors. It was referred to Financial Services, and last saw action on Nov 12, 2025: Referred to the House Committee on Financial Services.


Record

Text

H.R. 6029 has 2 co-sponsors.

hr6029/introduced-in-house.txt
119 HR 6029 IH: To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.
U.S. House of Representatives
2025-11-12
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.
I 119th CONGRESS 1st Session H. R. 6029 IN THE HOUSE OF REPRESENTATIVES November 12, 2025 Mr. Guest introduced the following bill; which was referred to the Committee on Financial Services A BILL
To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.
1.
Crime stopper organizations
Section 5313(d) of title 31, United States Code, is amended by adding at the end the following:
(3)
Crime stopper organizations
The Secretary of the Treasury shall exempt a depository institution from the reporting requirements of subsection (a) with respect to a transaction between the depository institution and a nonprofit organization if the transaction is in connection with the nonprofit organization providing a cash reward in exchange for information about a crime.
.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-11-12
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

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

Sponsors

Rep. Michael Guest (R) sponsors H.R. 6029, and 2 members have co-sponsored it.

Committees

H.R. 6029 went before 1 committee: Financial Services.

Financial Services
Financial Services
Referred To · Nov 12, 2025 · 559 Bills

Actions

H.R. 6029 has taken 2 actions since Nov 12, 2025.

ChamberAction
Nov 12, 2025
House
Introduced in House
Nov 12, 2025
House
Referred to the House Committee on Financial Services.Financial Services Committee

Votes

H.R. 6029 has not gone to a roll call.

Titles

H.R. 6029 goes by 2 titles.

  • To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports. — Official Title as Introduced
  • To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports. — Display Title

Classification

The Congressional Research Service files H.R. 6029 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 6029’s is Finance and Financial Sector.

hr6029/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 6029, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 191 (Wednesday, November 12, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GUEST:H.R. 6029.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8[Page H4667]

Source: congress.gov · legiscan.com