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HR 6155 115th Congress House Finance and Financial Sector Emergency medical services and trauma care Financial services and investments First responders and emergency personnel Performance measurement Securities

9-1-1 Emergency Service Protection Act

Introduced: June 19, 2018 Introduced by: Torres, Norma J. Democratic · California See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 19, 2018
Referred to the House Committee on Financial Services.
Jun 19, 2018
Introduced in House
 Plain-English summary Congressional Research Service

9-1-1 Emergency Service Protection Act

This bill amends the Investment Advisers Act of 1940 to require a registered investment adviser 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 that failed to meet a response time required by contract or local ordinance, and
  • a description of the impact of any such failure on the value of the company to the private fund.
    What's happening now June 19, 2018

    Referred to the House Committee on Financial Services.

     Committees of jurisdiction 1