H.R. 1010: Prohibiting IRS Financial Surveillance Act

118th Congress · introduced 2023-02-14 · Finance and Financial Sector · Latest: Referred to the House Committee on Financial Services.

federal

Follow this bill, step by step

Where it came from: introduced 2023-02-14 · official record
Who proposed it: Rep. Ferguson, A. Drew, IV [R-GA-3] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Financial Services. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Prohibiting IRS Financial Surveillance Act

Plain summary

Prohibiting IRS Financial Surveillance Act This bill prohibits the Department of the Treasury from requiring a financial institution to report the transfers into and out of a financial account. This prohibition does not apply to laws or regulations in effect on January 1, 2023.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Prohibiting IRS Financial Surveillance Act

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

No AI explanation yet. It takes up to a minute to write and is then saved for everyone.

Limited to a few requests an hour per person.

The strongest published arguments

Arguments for (supporters)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Arguments against (opponents)

Needs sources: no published arguments on this side yet. We only show items backed by a published source. Suggest one.

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Ferguson, A. Drew, IV [R-GA-3] · 55 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Vern Buchanan (R-FL), Adrian Smith (R-NE), Mike Kelly (R-PA), David Schweikert (R-AZ), Darin LaHood (R-IL), Jodey C. Arrington (R-TX), Ron Estes (R-KS), Carol D. Miller (R-WV), Gregory F. Murphy (R-NC), David Kustoff (R-TN), Brian K. Fitzpatrick (R-PA), Claudia Tenney (R-NY), Blake D. Moore (R-UT), Beth Van Duyne (R-TX), Randy Feenstra (R-IA), Nicole Malliotakis (R-NY), Mike Carey (R-OH), Lloyd Smucker (R-PA), Brad Finstad (R-MN), Brian Babin (R-TX), Dan Crenshaw (R-TX), Scott DesJarlais (R-TN), Eric A. "Rick" Crawford (R-AR), Byron Donalds (R-FL), August Pfluger (R-TX), Kat Cammack (R-FL), Don Bacon (R-NE), Mario Diaz-Balart (R-FL), Tom McClintock (R-CA), John R. Moolenaar (R-MI), Guy Reschenthaler (R-PA), Michelle Fischbach (R-MN), W. Gregory Steube (R-FL), Troy Balderson (R-OH), Tim Burchett (R-TN), Stephanie I. Bice (R-OK), Scott Fitzgerald (R-WI), Daniel Meuser (R-PA), Earl L. "Buddy" Carter (R-GA), Jake Ellzey (R-TX), Chip Roy (R-TX), Andy Biggs (R-AZ), Glenn Grothman (R-WI), Mike Johnson (R-LA), Russ Fulcher (R-ID), Diana Harshbarger (R-TN)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Rulemaking: The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-118hr1010.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/118/hr>

Record fed-us-cong118-hr1010 · catalog fed-us-congress-bills-cong118 · updated 2026-11-15 by psicol fed-bills-cong118