# 119-hr-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.

119-hr-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., is a 119th Congress bill sponsored by Rep. Guest, Michael [R-MS-3] (R-MS); status introduced; PRIA reads it as touching household money (as of 2026-10-17).

- Canonical: https://policyrisk.com/legislation/119-hr-6029
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-6029
- Congress: 119
- Title: To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.
- Status: introduced
- Introduced: 2025-11-12
- Sponsor: Rep. Guest, Michael [R-MS-3] (R-MS)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-10-17

## Summary

**This bill would exempt transactions between depository institutions and nonprofit "crime stopper" organizations that pay cash rewards for information about crimes from the Bank Secrecy Act's currency transaction reporting.** It would require the Treasury Secretary to exempt such bank transactions from the reporting rule in 31 U.S.C. 5313(a). The exemption applies only to that reporting requirement and leaves all other Bank Secrecy Act reporting and recordkeeping obligations unchanged.

## Cosponsors (3)

- Del. Moylan, James C. [R-GU-At Large] (R-GU), 2026-10-15T00:00:00.000Z
- Rep. Ezell, Mike [R-MS-4] (R-MS), 2026-02-04T00:00:00.000Z
- Rep. Kelly, Trent [R-MS-1] (R-MS), 2026-07-14T00:00:00.000Z

## Provisions PRIA read

- Less bank reporting for crime-tip rewards: benefit, low. This bill would require Treasury to exempt banks from certain cash transaction reports when dealing with a nonprofit that pays cash rewards for crime tips. The exemption would apply only to transactions between the bank and the nonprofit tied to those rewards. It would not change other anti–money-l…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4275: Coast Guard Authorization Act of 2025
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-5401: Pay Our Troops Act of 2026
- 119-hr-2102: Major Richard Star Act
- 119-hr-1151: Freedom to Invest in Tomorrow’s Workforce Act

## Sources
- [119-hr-6029 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/6029)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4275: Coast Guard Authorization Act of 2025](https://policyrisk.com/legislation/119-hr-4275)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-5401: Pay Our Troops Act of 2026](https://policyrisk.com/legislation/119-hr-5401)
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-1151: Freedom to Invest in Tomorrow’s Workforce Act](https://policyrisk.com/legislation/119-hr-1151)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-6029 (as of 2026-10-17).