US Codex
Bill
Notes

S. 149 — what changed

Stop Senior Scams Act

From Reported in Senate to Engrossed in Senate. 1 section amended between Reported in Senate and Engrossed in Senate.

Sec. 2 Senior Scams Prevention Advisory Group

(a)
changed Establishment— There is established a Senior Scams Prevention Advisory Council Group (referred to in this Act as the Advisory Council).Group).
(b)
changed Members— The Advisory Council Group shall be composed of stakeholders such as the following members individuals or the designees of those members:individuals:
(1)
The Chairman of the Federal Trade Commission.
(2)
The Secretary of the Treasury.
(3)
The Attorney General.
(4)
The Director of the Bureau of Consumer Financial Protection.
(5)
changed Not more than 2 representatives Representatives from each of the following sectors, including trade associations, to be selected by the Chairman of the Federal Trade Commission:
(A)
Retail.
(B)
changed Gift card.cards.
(C)
Telecommunications.
(D)
Wire-transfer services.
(E)
Senior peer advocates.
(F)
changed Consumer advocacy organization organizations with efforts focused on preventing seniors from becoming the victims of scams.
(G)
changed Financial services, including institutions who that engage in digital currency.
(H)
Prepaid cards.
(6)
A member of the Board of Governors of the Federal Reserve System.
(7)
A prudential regulator, as defined in section 1002 of the Consumer Financial Protection Act of 2010 (12 U.S.C. 5481).
(8)
The Director of the Financial Crimes Enforcement Network.
(9)
changed Any other Federal, State, or local agency, industry representative, consumer advocate, or entity, as determined by the Chairman of the Federal Trade Commission.
(c)
added No compensation for members— A member of the Advisory Group shall serve without compensation in addition to any compensation received for the service of the member as an officer or employee of the United States, if applicable.
(d)
added Duties—
(1)
added In general— The Advisory Group shall—
(A)
added collect information on the existence, use, and success of educational materials and programs for retailers, financial services, and wire-transfer companies, which—
(c)
removed Duties—
(1)
removed In general— The Advisory Council shall, while considering public comment—
(A)
removed collect information on the existence, use, and success of model educational materials and programs for retailers, financial services and wire-transfer companies, which—
(i)
renumbered was (4)(2)(3)(2) may be used as a guide to educate employees on how to identify and prevent scams that affect seniors; and
(ii)
renumbered was (4)(2)(3)(3) include—
(I)
renumbered was (4)(2)(3)(3)(2) useful information for retailers, financial services, and wire transfer companies for the purpose described in clause (i);
(II)
renumbered was (4)(2)(3)(3)(3) training for employees on ways to identify and prevent senior scams;
(III)
added best practices for keeping employees up to date on current scams;
(IV)
added the most effective signage and placement in retail locations to warn seniors about scammers’ use of gift cards, prepaid cards, and wire transfer services;
(III)
removed the best methods for keeping employees up to date on current scams;
(IV)
removed the most effective signage and best placement for signage in retail locations to warn seniors about scammers’ use of gift cards, prepaid cards, and wire transfer services;
(V)
renumbered was (4)(2)(3)(3)(6) suggestions on effective collaborative community education campaigns;
(VI)
renumbered was (4)(2)(3)(3)(7) available technology to assist in identifying possible scams at the point of sale; and
(VII)
renumbered was (4)(2)(3)(3)(8) other information that would be helpful to retailers, wire transfer companies, financial institutions, and their employees as they work to prevent fraud affecting seniors; and
(B)
renumbered was (4)(2)(4) based on the findings in subparagraph (A)—
(i)
renumbered was (4)(2)(4)(2) identify inadequacies, omissions, or deficiencies in those educational materials and programs for the categories listed in subparagraph (A) and their execution in reaching employees to protect older adults; and
(ii)
added create model materials, best practices guidance, or recommendations to fill those inadequacies, omissions, or deficiencies that may be used by industry and others to help protect older adults from scams.
(2)
added Encouraged use— The Chairman of the Federal Trade Commission shall—
(A)
added make the materials or guidance created by the Federal Trade Commission described in paragraph (1) publicly available; and
(ii)
removed create model materials to fill those inadequacies, omissions, or deficiencies.
(2)
removed Encouraged use— The Chairman of the Federal Trade Commission shall, after the public comment period is complete—
(A)
removed make the model educational materials and programs and information about execution of the programs described in paragraph (1) publicly available; and
(B)
renumbered was (4)(3)(4) encourage the use and distribution of the materials created under this subsection to prevent scams affecting seniors by governmental agencies and the private sector.
(e)
added Reports— Section 101(c)(2) of the Elder Abuse Prevention and Prosecution Act (34 U.S.C. 21711(c)(2)) is amended—
(d)
removed Reports— Section 101(c) of the Elder Abuse Prevention and Prosecution Act (34 U.S.C. 21711(c)) is amended—
(1)
renumbered was (5)(3) in subparagraph (C), by striking “and” at the end;
(2)
renumbered was (5)(4) in subparagraph (D), by striking the period at the end and inserting “; and”; and
(3)
renumbered was (5)(5) by adding at the end the following:

added “(E) for the Federal Trade Commission, in relevant years, information on—

added “(i) the newly created materials, guidance, or recommendations of the Senior Scams Prevention Advisory Group established under section 2 of the Stop Senior Scams Act, and any relevant views or considerations made by members of the Advisory Group that were not included in the Advisory Group’s model materials or considered an official recommendation by the Advisory Group;

added “(ii) the Senior Scams Prevention Advisory Group’s findings about senior scams and industry educational materials and programs; and

removed “(E) for the Federal Trade Commission, include information on—

removed “(i) the Senior Scams Prevention Advisory Council's newly created model materials, any recommendations of the Advisory Council, and any views or considerations made by members of the Advisory Council or by public comment that were not included in the Advisory Council’s model materials or considered an official recommendation by the Advisory Council;

removed “(ii) the Senior Scams Prevention Advisory Council’s findings about senior scams (including information about the ways scams affect seniors, including the negative effects on their well-being); and

“(iii) any recommendations on ways stakeholders can continue to work together to reduce scams affecting seniors.”

(f)
renumbered was (6) Termination— This Act, and the amendments made by this Act, ceases to be effective on the date that is 5 years after the date of enactment of this Act.