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Senior Safe Act of 2017

USA115th CongressHR-3758| House 
| Updated: 11/28/2017
Kyrsten Sinema

Kyrsten Sinema

Independent Representative

Arizona

Cosponsors (15)
Randy Hultgren (Republican)Bill Foster (Democratic)David Scott (Democratic)Carol Shea-Porter (Democratic)Bruce Poliquin (Republican)Carlos Curbelo (Republican)James B. Renacci (Republican)Luke Messer (Republican)James A. Himes (Democratic)Trey Hollingsworth (Republican)Denny Heck (Democratic)Dennis A. Ross (Republican)Bill Posey (Republican)Josh Gottheimer (Democratic)Ted Budd (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Senior Safe Act of 2017 (Sec. 2) This bill extends immunity from liability to certain individuals who, in good faith and with reasonable care, disclose the suspected exploitation of a senior citizen to a regulatory or law-enforcement agency. Specifically, this immunity shall apply to certain credit-union, depository-institution, investment-adviser, broker-dealer, transfer-agency, insurance-company, and insurance-agency employees who have received specified training related to identifying and reporting the suspected exploitation of a senior citizen. Similarly, the employing financial institution shall not be liable with respect to disclosures made by such employees. (Sec. 3) The bill allows financial institutions and third-party entities to offer training related to the suspected financial exploitation of a senior citizen to specified employees. The bill provides guidance regarding the content, timing, and record-maintenance requirements of such training.

Bill Text Versions

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2 versions available

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Timeline
Sep 13, 2017
Introduced in House
Sep 13, 2017
Referred to the House Committee on Financial Services.
Oct 11, 2017
Committee Consideration and Mark-up Session Held.
Oct 12, 2017
Committee Consideration and Mark-up Session Held.
Oct 12, 2017
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Nov 28, 2017
Placed on the Union Calendar, Calendar No. 314.
Nov 28, 2017
Reported by the Committee on Financial Services. H. Rept. 115-424.
  • September 13, 2017
    Introduced in House


  • September 13, 2017
    Referred to the House Committee on Financial Services.


  • October 11, 2017
    Committee Consideration and Mark-up Session Held.


  • October 12, 2017
    Committee Consideration and Mark-up Session Held.


  • October 12, 2017
    Ordered to be Reported by the Yeas and Nays: 60 - 0.


  • November 28, 2017
    Placed on the Union Calendar, Calendar No. 314.


  • November 28, 2017
    Reported by the Committee on Financial Services. H. Rept. 115-424.

Finance and Financial Sector

Related Bills

  • HR 115-2255: To clarify that nonprofit organizations may accept donated mortgage appraisals, and for other purposes.
  • S 115-223: A bill to provide immunity from suit for certain individuals who disclose potential examples of financial exploitation of senior citizens, and for other purposes.
  • S 115-2155: Economic Growth, Regulatory Relief, and Consumer Protection Act
AgingBanking and financial institutions regulationCivil actions and liabilityEmployment discrimination and employee rightsFinancial services and investmentsFraud offenses and financial crimesInsurance industry and regulation

Senior Safe Act of 2017

USA115th CongressHR-3758| House 
| Updated: 11/28/2017
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Senior Safe Act of 2017 (Sec. 2) This bill extends immunity from liability to certain individuals who, in good faith and with reasonable care, disclose the suspected exploitation of a senior citizen to a regulatory or law-enforcement agency. Specifically, this immunity shall apply to certain credit-union, depository-institution, investment-adviser, broker-dealer, transfer-agency, insurance-company, and insurance-agency employees who have received specified training related to identifying and reporting the suspected exploitation of a senior citizen. Similarly, the employing financial institution shall not be liable with respect to disclosures made by such employees. (Sec. 3) The bill allows financial institutions and third-party entities to offer training related to the suspected financial exploitation of a senior citizen to specified employees. The bill provides guidance regarding the content, timing, and record-maintenance requirements of such training.

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 13, 2017
Introduced in House
Sep 13, 2017
Referred to the House Committee on Financial Services.
Oct 11, 2017
Committee Consideration and Mark-up Session Held.
Oct 12, 2017
Committee Consideration and Mark-up Session Held.
Oct 12, 2017
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Nov 28, 2017
Placed on the Union Calendar, Calendar No. 314.
Nov 28, 2017
Reported by the Committee on Financial Services. H. Rept. 115-424.
  • September 13, 2017
    Introduced in House


  • September 13, 2017
    Referred to the House Committee on Financial Services.


  • October 11, 2017
    Committee Consideration and Mark-up Session Held.


  • October 12, 2017
    Committee Consideration and Mark-up Session Held.


  • October 12, 2017
    Ordered to be Reported by the Yeas and Nays: 60 - 0.


  • November 28, 2017
    Placed on the Union Calendar, Calendar No. 314.


  • November 28, 2017
    Reported by the Committee on Financial Services. H. Rept. 115-424.
Kyrsten Sinema

Kyrsten Sinema

Independent Representative

Arizona

Cosponsors (15)
Randy Hultgren (Republican)Bill Foster (Democratic)David Scott (Democratic)Carol Shea-Porter (Democratic)Bruce Poliquin (Republican)Carlos Curbelo (Republican)James B. Renacci (Republican)Luke Messer (Republican)James A. Himes (Democratic)Trey Hollingsworth (Republican)Denny Heck (Democratic)Dennis A. Ross (Republican)Bill Posey (Republican)Josh Gottheimer (Democratic)Ted Budd (Republican)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HR 115-2255: To clarify that nonprofit organizations may accept donated mortgage appraisals, and for other purposes.
  • S 115-223: A bill to provide immunity from suit for certain individuals who disclose potential examples of financial exploitation of senior citizens, and for other purposes.
  • S 115-2155: Economic Growth, Regulatory Relief, and Consumer Protection Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AgingBanking and financial institutions regulationCivil actions and liabilityEmployment discrimination and employee rightsFinancial services and investmentsFraud offenses and financial crimesInsurance industry and regulation