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HR 6063 114th Congress House Finance and Financial Sector Emergency medical services and trauma care Financial services and investments First responders and emergency personnel Performance measurement Securities

911 Emergency Service Protection Act

Introduced: September 15, 2016 Introduced by: Torres, Norma J. Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 15, 2016
Referred to the House Committee on Financial Services.
Sep 15, 2016
Introduced in House
 Plain-English summary Congressional Research Service

911 Emergency Service Protection Act

This bill amends the Investment Advisers Act of 1940 to require each investment adviser who is required to file annual or other reports under such Act and who advises a private fund that owns a controlling interest in an emergency services company to disclose to the Securities and Exchange Commission, at least annually:

  • the change in the average response time of emergency vehicles since the private fund acquired a controlling interest in the company,
  • the percentage of response times of emergency vehicles deployed by the company to a unit of local government that do not meet a required response time established by a contract for emergency services between the company and such local government, and
  • a description of the impact of any such response time failure on the value of the company to the private fund.
    What's happening now September 15, 2016

    Referred to the House Committee on Financial Services.

     Committees of jurisdiction 1