S490-119

Introduced

To provide that unauthorized access to the central payment systems of the Bureau of the Fiscal Service is unlawful.

119th Congress Introduced Feb 6, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To provide that unauthorized access to the central payment systems of the Bureau of the Fiscal Service is unlawful., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Social Welfare, Government Operations.

Who Benefits and How

financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section id0ba8ca47b6fa45449cd86c269c6e6b15: 1. Short title This Act may be cited as the Protecting Americans’ Privacy Act of 2025.
  • Section idde7ae2b480af44fe9eb2d2d1edeb4df9: 2. Unauthorized access to the central payment systems of the Bureau of the Fiscal Service It shall be unlawful for an individual to knowingly access or...
  • Section id2a47e313e14a4f8db5cb86e8a9234ea0: 3. Confidentiality of returns and return information under Internal Revenue Code of 1986 Section 6103 of the Internal Revenue Code of 1986 is amended by...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To provide that unauthorized access to the central payment systems of the Bureau of the Fiscal Service is unlawful., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Social Welfare, Government Operations

Primary Purpose

This bill, To provide that unauthorized access to the central payment systems of the Bureau of the Fiscal Service is unlawful., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Social Welfare Government Operations

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
financial institutions, investors, and borrowers: ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies: ,
financial institutions, investors, and borrowers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Feb 6, 2025

Mr. Schumer (for himself, Mr. Wyden, Ms. Warren, Mr. Peters, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance Social Welfare Government Operations
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology