Fraud and Scam Reduction Act
3/8/2023, 7:58 PMSummary of Bill HR 1215
Bill 117 HR 1215, also known as the Fraud and Scam Reduction Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to address the issue of fraud and scams that target individuals, businesses, and government agencies.The bill includes several key provisions aimed at reducing fraud and scams. One of the main provisions is the establishment of a task force dedicated to investigating and prosecuting individuals and organizations engaged in fraudulent activities. This task force would work closely with law enforcement agencies and other relevant entities to identify and combat fraud.
Additionally, the bill includes measures to increase penalties for individuals convicted of fraud and scams. This includes harsher fines and longer prison sentences for those found guilty of engaging in fraudulent activities. The bill also includes provisions to enhance consumer protection measures and increase awareness of common scams. Overall, the Fraud and Scam Reduction Act aims to strengthen efforts to combat fraud and scams in the United States. By establishing a task force, increasing penalties, and enhancing consumer protection measures, this bill seeks to protect individuals, businesses, and government agencies from falling victim to fraudulent activities.
Congressional Summary of HR 1215
Fraud and Scam Reduction Act
This bill expands activities to address mail, telephone, and internet fraud, particularly such scams targeting older adults.
The bill establishes a Senior Scams Prevention Advisory Group, which must create model educational materials to educate employees of retailers, financial-services companies, and wire-transfer companies on how to identify and prevent scams that affect older adults.
Further, the Federal Trade Commission (FTC) must establish an advisory office in the Bureau of Consumer Protection to assist the FTC in monitoring scams targeting older adults, educating consumers, and receiving complaints.
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Current Status of Bill HR 1215
Bill HR 1215 is currently in the status of Bill Introduced since February 23, 2021. Bill HR 1215 was introduced during Congress 117 and was introduced to the House on February 23, 2021. Bill HR 1215's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of May 24, 2022Bipartisan Support of Bill HR 1215
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
42Democrat Cosponsors
28Republican Cosponsors
14Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1215
Primary Policy Focus
CommercePotential Impact Areas
Advisory bodiesAgingCongressional oversightConsumer affairsCrime preventionExecutive agency funding and structureFederal Trade Commission (FTC)Financial services and investmentsFraud offenses and financial crimesGovernment information and archivesInternet and video servicesInternet, web applications, social mediaMarketing and advertisingPostal serviceRetail and wholesale tradesState and local government operationsTelephone and wireless communicationTelevision and filmAlternate Title(s) of Bill HR 1215
Fraud and Scam Reduction ActFraud and Scam Reduction ActStop Senior Scams ActSeniors Fraud Prevention Act of 2021To establish an office within the Federal Trade Commission and an outside advisory group to prevent fraud targeting seniors and to direct the Commission to include additional information in an annual report to Congress on fraud targeting seniors, and for other purposes.Fraud and Scam Reduction ActSeniors Fraud Prevention Act of 2021Stop Senior Scams ActFraud and Scam Reduction ActStop Senior Scams ActSeniors Fraud Prevention Act of 2021Comments
Most relevant
Sponsors and Cosponsors of HR 1215
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