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HR 4538 114th Congress House Finance and Financial Sector Aging Banking and financial institutions regulation Civil actions and liability Employment discrimination and employee rights Financial services and investments Fraud offenses and financial crimes

Senior$afe Act of 2016

Introduced: June 28, 2016 See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 6, 2016
Received in the Senate.
Jul 5, 2016
Motion to reconsider laid on the table Agreed to without objection.
Jul 5, 2016
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4249)
Jul 5, 2016
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H4249)
Jul 5, 2016
DEBATE - The House proceeded with forty minutes of debate on H.R. 4538.
Jul 5, 2016
Considered under suspension of the rules. (consideration: CR H4248-4251)
Jul 5, 2016
Mr. Garrett moved to suspend the rules and pass the bill, as amended.
Jul 5, 2016
Placed on the Union Calendar, Calendar No. 510.
Jul 5, 2016
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-659.
Jun 16, 2016
Ordered to be Reported (Amended) by the Yeas and Nays: 59 - 0.
Jun 16, 2016
Committee Consideration and Mark-up Session Held.
Jun 15, 2016
Committee Consideration and Mark-up Session Held.
Feb 11, 2016
Referred to the House Committee on Financial Services.
Feb 11, 2016
Introduced in House
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 Plain-English summary Congressional Research Service

Senior Safe Act of 2016

This bill provides immunity from liability of: (1) a supervisor, compliance officer (including a Bank Secrecy Act Officer), or registered representative for a covered financial institution who has received training in the identification and reporting of suspected exploitation of a senior citizen (at least 65 years old) and the protection of customer privacy that is appropriate to job responsibilities for disclosing such exploitation to a covered agency if the individual made the disclosure with reasonable care, including reasonable efforts to avoid disclosure other than to a covered agency; and (2) the financial institution for such a disclosure if the individual was employed by or, in the case of a registered representative, affiliated or associated with, the institution at the time of the disclosure and the institution had provided such training.

A "covered financial institution" is a credit union, depository institution, investment advisor, broker-dealer, insurance company, or state attorney general. A "covered agency" is a state financial regulatory agency, each of the federal financial institutions regulatory agencies, the Securities and Exchange Commission, a law enforcement agency, a state or local agency responsible for administering adult protective service laws, or a state attorney general.

A covered financial institution may provide such training to each of its supervisors, compliance officers (including a Bank Secrecy Act Officer), or registered representatives who: (1) may come into contact with a senior citizen as a regular part of duties; or (2) may review or approve the financial documents, records, or transactions of a senior citizen in connection with providing financial services.

What's happening now July 6, 2016

Received in the Senate.

 Related & companion bills 2
  • HR 5983 Related bill Financial CHOICE Act of 2016
  • S 2216 Related bill Senior$afe Act of 2015
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 9
All 9 Democratic 3 Republican 1
D
Wasserman Schultz, Debbie
Florida · Jul 5, 2016
Renacci, James
· Jun 28, 2016
Young, David
· Jun 28, 2016
 R
Wagner, Ann
Missouri · Jun 14, 2016
Curbelo, Carlos
· Jun 10, 2016
 D
Beyer, Donald S.
Virginia · Apr 13, 2016
 D
Pingree, Chellie
Maine · Mar 23, 2016
McSally, Martha
· Mar 22, 2016
Poliquin, Bruce
· Feb 11, 2016
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4538: Senior Safe Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-4538/
MLA
"H.R. 4538: Senior Safe Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-4538/.
Bluebook (legal)
H.R. 4538, 114th Cong. (2026), https://openamerica.io/bill/114-HR-4538/.
Markdown link
[H.R. 4538: Senior Safe Act of 2016](https://openamerica.io/bill/114-HR-4538/)
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