# 119-hr-533: Bank Privacy Reform Act

119-hr-533, Bank Privacy Reform Act, is a 119th Congress bill sponsored by Rep. Rose, John W. [R-TN-6] (R-TN); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-hr-533
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-533
- Congress: 119
- Title: Bank Privacy Reform Act
- Status: introduced
- Introduced: 2025-01-16
- Sponsor: Rep. Rose, John W. [R-TN-6] (R-TN)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Shifts most government access to bank records to a warrant.** The bill would replace many Bank Secrecy Act reporting rules with a tighter, warrant-based standard and narrow what financial data agencies can obtain without court approval. - Customers and households: It would make most bank records obtainable only with a search warrant, boosting consumer financial privacy in routine investigations. - Law enforcement and regulators: It would remove or limit many existing Bank Secrecy Act authorities and reporting pathways, leaving only narrow exceptions for access and investigation. - Banks and businesses: It would cut or consolidate many reporting duties, strike several reporting sections, end some beneficial ownership reports for certain corporate entities, and add an inflation-adjusted threshold to an existing $3,000 reporting trigger for certain requirements.

## Cosponsors (1)

- Rep. Ogles, Andrew [R-TN-5] (R-TN), 2025-01-16T00:00:00.000Z

## Provisions PRIA read

- Warrant needed to see your bank records: mixed, high. If enacted, the government would generally need a search warrant that describes your bank records to get them from a financial institution. Limited exceptions in sections 1103(c), 1103(d), and 1113 would still apply. The bill would repeal sections 1104, 1105, 1107, 1108, and 1114 of the Right to Fi…
- Fewer reporting rules, more bank recordkeeping: mixed, high. If enacted, the bill would remove many Bank Secrecy Act sections, including 5313, 5314, 5315, 5316, 5317, 5318A, 5324, 5326, 5331, 5332, 5336, and Subchapter III. It would restate the law’s purpose to require banks and other financial firms to keep transaction records tied to specific customers. Th…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-6955: Main Street Capital Access Act
- 119-hr-624: RIFLE Act of 2025
- 119-hr-3132: CHOICE for Veterans Act of 2025
- 119-hr-2395: SHORT Act

## Sources
- [119-hr-533 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/533)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-6955: Main Street Capital Access Act](https://policyrisk.com/legislation/119-hr-6955)
- [119-hr-624: RIFLE Act of 2025](https://policyrisk.com/legislation/119-hr-624)
- [119-hr-3132: CHOICE for Veterans Act of 2025](https://policyrisk.com/legislation/119-hr-3132)
- [119-hr-2395: SHORT Act](https://policyrisk.com/legislation/119-hr-2395)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-533 (as of 2025-12-21).