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United States · Bill · HR

H.R. 5960 (96th)

A bill to amend the Currency and Foreign Transactions Reporting Act to allow for the payment of compensation to informers.

referredUnited States· United States Congress· EN

Introduced

27 November 1979

Last action

Status

Referred to House Committee on Banking, Finance and Urban Affairs.

Sponsors

Subjects

Discovery layer

Source updated

6 February 2024

Summary

Amends the Currency and Foreign Transactions Reporting Act to authorize the Secretary of the Treasury to pay a reward to any individual providing original information which leads to recovery of at least $50,000 by way of a criminal fine, civil penalty, or forfeiture for a violation of such Act. Makes ineligible for such payment any Federal, State, or local employee who furnishes information in the performance of official duties.

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Documents

1 official file

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Sources

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