Lets crime stopper groups give cash rewards without extra bank paperwork.
This bill would make it simpler for non-profit crime stopper organizations to pay cash rewards to people who provide information about crimes. Currently, banks must report large cash transactions to the government. This change would mean banks would not have to file these reports for cash rewards paid by crime stopper groups. This aims to streamline their operations.
Today, banks must report all cash transactions over $10,000 to the government, including those made by crime stopper organizations for rewards. If this bill becomes law, banks would no longer have to report cash reward payments made by non-profit crime stopper groups. This would make the process simpler for these organizations.
HR 6029 · 119th Congress · November 12, 2025 · AI Summary by gemini-2.5-flash · 10/10
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