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H.R. 1010 · 118th Congress · 2023–2024

Prohibiting IRS Financial Surveillance Act

H.R. 1010 in the 118th Congress (2023–2024) was introduced on Feb 14, 2023, sponsored by A. Drew Ferguson IV with 55 co-sponsors.

During the 118th Congress (2023–2024), Joe Biden was president, and Republicans held the House majority and Democrats the Senate majority.

Status
Introduced
Introduced
Feb 14, 2023
Co-sponsors
55
Policy area
Finance and Financial Sector

What it does

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.

Summary by the nonpartisan Congressional Research Service.

Sponsor

A. Drew Ferguson IV (R-GA). Co-sponsors: 55 Republicans.

Where it stands

  • IntroducedFeb 14, 2023
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Financial Services. (Feb 14, 2023)

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Committees

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 1010 (118th Congress): Prohibiting IRS Financial Surveillance Act,” https://www.capitolreceipts.com/bill/118-hr-1010/prohibiting-irs-financial-surveillance-act (accessed 2026-10-17).