S-3045 : Still Just a Bill

Cooperate with Law Enforcement Agencies and Watch Act of 2018

This bill limits a financial institution's liability for maintaining a customer account in compliance with a written request by a federal, state, tribal, or local law enforcement agency. A federal or state agency may not take an adverse supervisory action against a financial institution with respect to maintaining an account consistent with such a request.

Action Timeline

Action DateTypeTextSource
2018-06-11IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2018-06-11IntroReferralIntroduced in SenateLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Bank accounts, deposits, capital
  • Banking and financial institutions regulation
  • Business records
  • Civil actions and liability
  • Criminal investigation, prosecution, interrogation
  • Fraud offenses and financial crimes

Related Bills

See Related Bills