BOSS and SWIFT ACT of 2023

Hozzl · 2023-12-15T16:09:15Z

Explore the details of Senate Bill 2957 BOSS and SWIFT ACT of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Commerce. Stay informed on legislative developments.

12/15/2023, 4:09 PM

Summary of Bill S 2957

Bill 118 s 2957, also known as the BOSS and SWIFT ACT of 2023, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to address issues related to cybersecurity and financial transactions within the federal government.

The BOSS and SWIFT ACT of 2023 aims to enhance the security of government systems by requiring the implementation of the latest cybersecurity measures and protocols. This includes regular assessments of vulnerabilities, the establishment of a cybersecurity incident response plan, and the development of a comprehensive cybersecurity training program for government employees.

Additionally, the bill seeks to improve the efficiency and transparency of financial transactions within the federal government by mandating the use of the SWIFT network for all international transactions. This network is known for its secure and reliable messaging system, which will help prevent fraud and ensure the integrity of financial transactions. Overall, the BOSS and SWIFT ACT of 2023 is a comprehensive piece of legislation that aims to strengthen cybersecurity measures and improve financial transactions within the federal government. If passed, this bill has the potential to enhance the security and efficiency of government operations.

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Current Status of Bill S 2957

Bill S 2957 is currently in the status of Bill Introduced since September 27, 2023. Bill S 2957 was introduced during Congress 118 and was introduced to the Senate on September 27, 2023. Bill S 2957's most recent activity was Read twice and referred to the Committee on Commerce, Science, and Transportation. as of September 27, 2023

Bipartisan Support of Bill S 2957

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 2957

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 2957

BOSS and SWIFT ACT of 2023

Better Oversight of Stub Sales and Strengthening Well Informed and Fair Transactions for Audiences of Concert Ticketing Act of 2023

A bill to protect consumers from unfair and deceptive acts and practices in connection with primary and secondary ticket sales, and for other purposes.