Senate Bill 856
117th Congress(2021-2022)
Senior Security Act of 2021
Introduced
Introduced in Senate on Mar 18, 2021
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
856
Congress
117
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
National Senior Investor Initiative Act of 2021 or the Senior Security Act of 2021
This bill establishes the Senior Investor Taskforce within the Securities and Exchange Commission. The taskforce must report on topics relating to investors over the age of 65, including industry trends and serious issues impacting such investors, and make recommendations for legislative or regulatory actions to address problems encountered by senior investors.
The Government Accountability Office must report on the financial exploitation of senior citizens.
March 18, 2021
03/18/2021
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
03/18/2021
Introduced in Senate
Public Record
Record Updated
Mar 8, 2023 8:12:35 PM