US HR3758

Bill

Senior Safe Act of 2017

Introduced
09/13/2017

In Committee
10/12/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

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.

AI Summary

This bill, the Senior Safe Act of 2017, provides immunity from liability to certain employees of financial institutions, such as credit unions, banks, investment advisors, and insurance companies, who in good faith and with reasonable care disclose suspected financial exploitation of senior citizens to regulatory or law enforcement agencies. The bill also allows financial institutions and third-party entities to offer training to their employees on identifying and reporting suspected financial exploitation of senior citizens. Additionally, the bill establishes requirements for the content, timing, and record-keeping of such training.

Committee Categories

Business and Industry

Sponsors (16)

Kyrsten Sinema (I)*, Ted Budd (R), Carlos Curbelo (R), Bill Foster (D), Josh Gottheimer (D), Denny Heck (D), Jim Himes (D), Trey Hollingsworth (R), Randy Hultgren (R), Luke Messer (R), Bruce Poliquin (R), Bill Posey (R), James Renacci (R), Dennis Ross (R), David Scott (D), Carol Shea-Porter (D),

Last Action

Placed on the Union Calendar, Calendar No. 314. (on 11/28/2017)

Official Document

https://www.congress.gov/bill/115th-congress/house-bill/3758/all-info

(4 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/115th-congress/house-bill/3758/all-info
BillText	https://www.congress.gov/115/bills/hr3758/BILLS-115hr3758rh.pdf
Bill	https://www.congress.gov/115/bills/hr3758/BILLS-115hr3758rh.pdf.pdf
BillText	https://www.congress.gov/115/bills/hr3758/BILLS-115hr3758ih.pdf
Bill	https://www.congress.gov/115/bills/hr3758/BILLS-115hr3758ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR2255	HOME Act Housing Opportunities Made Easier Act	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.	Related
HRes905	Providing for consideration of the bill (H.B. 5515) to authorize appropriations for fiscal year 2019 for military activities of the Department of Defense and for military construction, to prescribe military personnel strengths for such fiscal year, and for other purposes; providing for consideration of the bill (S. 204) to authorize the use of unapproved medical products by patients diagnosed with a terminal illness in accordance with State law, and for other purposes; and providing for consider	Motion to reconsider laid on the table Agreed to without objection.	Similar To
S2155	Economic Growth, Regulatory Relief, and Consumer Protection Act	Became Public Law No: 115-174.	Related
S223	Senior$afe Act of 2017	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S449-450)	Related

Bill > HR3758

US HR3758

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (16)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary