To amend the Bank Secrecy Act to exempt transactions with respect to cash reward payments by crime stopper organizations from certain currency transaction reports.

HR 6029 amends the Bank Secrecy Act to exempt cash reward payments by nonprofit crime stopper organizations from currency transaction reporting requirements. Specifically, it directs the Treasury Secretary to exempt transactions between a bank and a crime stopper organization when the payment is for a cash reward offered for crime information. This change would eliminate the need for banks to file currency transaction reports for these specific payments. The exemption applies only to nonprofit organizations operating as crime stopper programs that provide cash rewards for crime tips.