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Enhanced Senior Protection Against Scams: New Plans and Reports

This act aims to better protect seniors from scams. It requires the Federal Trade Commission (FTC) to annually plan anti-scam activities and report on actions taken. This ensures citizens, especially seniors, can expect more coordinated and transparent efforts in combating financial crime.
Key points
The FTC will annually publish an action plan, including priorities and initiatives, with a specific focus on combating fraud against individuals aged 65 and older.
The FTC will annually report on its enforcement actions regarding scams targeting seniors, including case descriptions and outcomes.
The act aims to increase transparency and effectiveness of government efforts in protecting the finances and safety of older individuals.
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Additional Information
FTC REPORTS Act
Print number: HR 2672
Sponsor: Rep. Bilirakis, Gus M. [R-FL-12]
Process start date: 2021-04-20