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H.R. 3758, Senior Safe Act of 2017 (CBO Report for Congress)

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Congress 115th
Date Requested Oct. 12, 2017
Requested By House Committee on Financial Services
Date Sent Oct. 30, 2017
Description:

H.R. 3758 would exempt financial institutions and some of their employees from liability in any civil or administrative proceeding in situations where those employees make a report about the potential exploitation of a senior citizen to a governmental agency. Based on information from the federal banking regulators, CBO concludes that the bill would not change their policies towards such reporting. Accordingly, CBO estimates that enacting the bill would have no effect on the federal budget.

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