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A bill to amend the Older Americans Act of 1965 to provide financial planning services related to the needs of family caregivers, and for other purposes.

7/24/2024, 10:56 AM

Summary of Bill S 4735

Bill 118 s 4735, also known as the "Financial Planning Services for Family Caregivers Act," aims to amend the Older Americans Act of 1965 to address the financial needs of family caregivers. The bill proposes to provide financial planning services specifically tailored to the needs of family caregivers who are often faced with significant financial burdens while caring for their elderly loved ones.

The main goal of this legislation is to support family caregivers by offering them access to financial planning services that can help them navigate the complex financial challenges that come with caregiving responsibilities. By providing these services, the bill aims to alleviate some of the financial stress that family caregivers often experience and help them better manage their finances while caring for their elderly family members.

In addition to providing financial planning services, the bill also includes provisions for other purposes related to supporting family caregivers. These may include additional resources, support services, and programs aimed at assisting family caregivers in their important role of caring for older Americans. Overall, Bill 118 s 4735 seeks to address the financial needs of family caregivers and provide them with the necessary support and resources to effectively care for their elderly loved ones. By offering financial planning services and other forms of assistance, this legislation aims to improve the overall well-being of family caregivers and the older Americans they care for.

Current Status of Bill S 4735

Bill S 4735 is currently in the status of Bill Introduced since July 23, 2024. Bill S 4735 was introduced during Congress 118 and was introduced to the Senate on July 23, 2024.  Bill S 4735's most recent activity was Read twice and referred to the Committee on Health, Education, Labor, and Pensions. as of July 23, 2024

Bipartisan Support of Bill S 4735

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
2
Democrat Cosponsors
2
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4735

Primary Policy Focus

Alternate Title(s) of Bill S 4735

A bill to amend the Older Americans Act of 1965 to provide financial planning services related to the needs of family caregivers, and for other purposes.
A bill to amend the Older Americans Act of 1965 to provide financial planning services related to the needs of family caregivers, and for other purposes.

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