119th Congress

H.R.2478

Financial Exploitation Prevention Act of 2025

Introduced·3/27/25

Prefiled

Introduced3/27/25

Chamber Passed

Final Passage

Complete

Financial Exploitation Prevention Act of 2025 allows postponement of security redemptions to prevent exploitation of specified adults.

The Financial Exploitation Prevention Act of 2025 amends the Investment Company Act of 1940 to allow registered open-end investment companies and transfer agents to postpone the redemption of securities for up to 15 business days if they reasonably believe financial exploitation of a specified adult is involved. A specified adult is defined as an individual age 65 or older, or an adult with a mental or physical impairment that prevents them from protecting their own interests.

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Overview
Core Provisions
Implementation
Impact
Legal Framework
Critical Issues

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Where it stands

Current: In committee
Next: Committee decision

Roll Call Votes

On Motion to Suspend the Rules and Pass, as Amended RC# 227

414 Yea

R R D R D D R D D D DDD D R R R D R D R R R D R R D R D D D R R D R R D DRD R R R R R D R R R R R R R R D R DDDDR R R R R D R RRR R R R R D R R D D R R R R R R D D D D R D R D R D D D R D D R D R D R R D R D D D R R D R D R D D D R D R D R R D D D R D R D D D R D D R R R D DDR R D D D D D R D D R R D RDD D D D D D D D D D D R R R R R R R D D D D D R D D R D R D R R D R R D D R R D R R D D D D D D D R D D D R D R D D R D R R I D D D D D R D DDR R D D R D R D D D D D D D D D R D D R R R D R R D D R D RRD D R D D R R R R R R R R R R R R R R R R R D D D R R R D D D R D R R R R D D D R R D R D D R R D D R R R R D D R R D R DRD R R D R DRD R D R D R R D R R R R R D R D D D D D R R R R D D D D R D D D D R D D D R R D D D D D D D D D D R D R R R R R R R R R R R R D R R D D R D D R R R R D R D D R D R D

2 Nay

R R

14 Absent

D R R D R R R R R D D R D R

History

Jun 25

House

Considered as unfinished business. (consideration: CR H4251-4252)

Jun 25

House

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 414 - 2 (Roll no. 227).

Jun 25

House

Motion to reconsider laid on the table Agreed to without objection.

H.R.2478

Where it stands

Sponsors

Roll Call Votes

History