Sec. 6504. GAO CTR study and report
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/bill/116/hr/6395/enr/section-6504·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Comptroller General of the United States shall— not later than January 1, 2025, commence a study of currency transaction reports, which shall include— a review, carried out in consultation with the Secretary, FinCEN, the Attorney General, the State attorneys general, and State, Tribal, and local law enforcement, of the effectiveness of the currency transaction reporting regime in effect as of the date of the study; an analysis of the importance of currency transaction reports to law enforcement; and an analysis of the effects of raising the currency transaction report threshold; and not later than December 31, 2025, submit to the Secretary and Congress a report that includes— all findings and determinations made in carrying out the study required under paragraph (1); and recommendations for improving the currency transaction reporting regime.