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![handle is hein.congrecreports/crptxaejh0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION .
117TH CONGRESS REPORT
2d Session HOUSE OF REPRESENTATIVES 117-315
EMPOWERING STATES TO PROTECT SENIORS FROM BAD
ACTORS ACT
MAY 10, 2022.-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Ms. WATERS, from the Committee on Financial Services,
submitted the following
R E P O R T
[To accompany H.R. 5914]
The Committee on Financial Services, to whom was referred the
bill (H.R. 5914) to amend the Investor Protection and Securities
Reform Act of 2010 to provide grants to States for enhanced protec-
tion of senior investors and senior policyholders, and for other pur-
poses, having considered the same, reports favorably thereon with
an amendment and recommends that the bill as amended do pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 3
Background and Need for Legislation ................................................................... 4
Section-by-Section Analysis of the Legislation ..................................................... 4
H e a rin g s ................................................................................................................... 5
Com m ittee Consideration ........................................................................................ 5
C om m ittee V otes ...................................................................................................... 5
Com m ittee Oversight Findings ............................................................................... 7
Statement of Performance Goals and Objectives .................................................. 7
New Budget Authority and C.B.O. Cost Estimate ............................................... 7
Com m ittee Cost E stim ate ....................................................................................... 7
Federal M andates Statem ent ................................................................................. 7
A dvisory Com m ittee Statem ent ............................................................................. 7
Applicability to Legislative Branch ....................................................................... 8
Congressional Earmarks, Limited Tax Benefits, and Limited Tariff Benefits ... 8
D uplicative Federal Program s ............................................................................... 8
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the Empowering States to Protect Seniors from Bad Ac-
tors Act.
29-006](ViewImageLocal?handle=hein.congrecreports/crptxaejh0001&div=1&collection=&method=preview&ext=.png&size=3)