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HR 3758 115th 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 Insurance industry and regulation

Senior Safe Act of 2017

Introduced: September 13, 2017 See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
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.
Oct 12, 2017
Ordered to be Reported by the Yeas and Nays: 60 - 0.
Oct 12, 2017
Committee Consideration and Mark-up Session Held.
Oct 11, 2017
Committee Consideration and Mark-up Session Held.
Sep 13, 2017
Referred to the House Committee on Financial Services.
Sep 13, 2017
Introduced in House
 Plain-English summary Congressional Research Service

(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.

What's happening now November 28, 2017

Placed on the Union Calendar, Calendar No. 314.

 Committees of jurisdiction 1