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- S.3353
S.3353: RESPECT Act
About This Bill
- Introduced Sept. 20, 2016
- Latest Major Action Sept. 20, 2016
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Republican)
Bill Summary
Restraining Excessive Seizure of Property through the Exploitation of Civil Asset Forfeiture Tools Act or the RESPECT Act This bill revises the authority and procedures that the Internal Revenue Service (IRS) uses to seize property that has been structured to avoid Bank Secrecy Act (BSA) reporting requirements. The IRS may only seize property it suspects has been structured to avoid BSA reporting requirements if the property was derived from...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Sept. 20, 2016 |
Read twice and referred to the Committee on Finance.
|
| Sept. 20, 2016 |
Introduced in the Senate by Tim Scott (R-S.C.) |