H.R. 500 · 118th Congress

Financial Exploitation Prevention Act of 2023

Introduced on Jan 25, 2023 by Ann Wagner (R-MO-2). 13 cosponsors, 4 of them from another party. Latest action (Jan 31, 2023): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Stage
Passed one chamber
Introduced
Jan 25, 2023
Cosponsors
13
4 from the other party
Policy area
Finance and Financial Sector
Open in the Congress explorerCongress.govAlert me

Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. Passed one chamber
  4. 4Passed both chambers
  5. 5Sent to the President
  6. 6Became law

Official title

To amend the Investment Company Act of 1940 to postpone the date of payment or satisfaction upon redemption of certain securities in the case of the financial exploitation of specified adults, and for other purposes.

Subjects

  • Administrative law and regulatory procedures
  • Congressional oversight
  • Crime victims
  • Fraud offenses and financial crimes
  • Government information and archives
  • Government studies and investigations
  • Securities
  • Securities and Exchange Commission (SEC)

Summary

The Congressional Research Service has not summarized this measure yet.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Ann WagnerR-MO-2Sponsor

Democrats · 4

Republicans · 9

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

  1. On Motion to Suspend the Rules and Pass
    Jan 30, 2023· House· Passage· Passed 419–0

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Jan 25, 2023Introduced in House
  2. Jan 25, 2023Introduced in House
  3. Jan 25, 2023 · HouseReferred to the House Committee on Financial Services.
  4. Jan 30, 2023 · HouseMr. McHenry moved to suspend the rules and pass the bill.
  5. Jan 30, 2023 · HouseConsidered under suspension of the rules. (consideration: CR H498-501)
  6. Jan 30, 2023 · HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 500.
  7. Jan 30, 2023 · HouseAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  8. Jan 30, 2023 · HouseConsidered as unfinished business. (consideration: CR H505)
  9. Jan 30, 2023Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 94). (text: CR H498-499)House · Roll call 94
  10. Jan 30, 2023 · HouseOn motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 419 - 0 (Roll no. 94). (text: CR H498-499)House · Roll call 94
  11. Jan 30, 2023 · HouseMotion to reconsider laid on the table Agreed to without objection.
  12. Jan 31, 2023 · SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. CMFG LIFE INSURANCE COMPANY5 reports
    $580K reported (all issues)
  2. DISCOVER FINANCIAL SERVICES5 reports
    $2.6M reported (all issues)
  3. Financial Services Institute5 reports
    $1.2M reported (all issues)
  4. INVESTMENT COMPANY INSTITUTE5 reports
    $6.9M reported (all issues)
  5. NATIONWIDE MUTUAL INSURANCE COMPANY5 reports
    $3M reported (all issues)
  6. AARP1 report
    $5.6M reported (all issues)
  7. INSURED RETIREMENT INSTITUTE1 report
    $200K reported (all issues)

Reports filed in 2023, 2024.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 6, 2026 · loaded Oct 6, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.