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H. Rept. 119-124 1 (2025-06-03)

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US. GOVERNMENT
INFORMATION
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                     119TH CONGRESS                                          REPORT
                        1st Session    HOUSE   OF  REPRESENTATIVES           119-124







                        NATIONAL SENIOR INVESTOR INITIATIVE ACT OF 2025




                      JUNE 3, 2025.-Committed to the Committee of the Whole House on the State of
                                        the Union and ordered to be printed




                      Mr. HILL  of Arkansas, from the Committee   on Financial Services,
                                           submitted  the following



                                              REPORT


                                            [To accompany H.R. 1469]

                       The  Committee  on  Financial Services, to whom  was  referred the
                     bill (H.R. 1469) to create an interdivisional taskforce at the Securi-
                     ties and Exchange  Commission   for senior investors, having consid-
                     ered the same,  reports favorably thereon  with an  amendment and
                     recommends   that the bill as amended  do pass.

                                                  CONTENTS

                                                                                      Page
                     Purpose and Sum m ary  ............................................................................................  4
                     Background and Need for  Legislation  ....................................................................  4
                     Com m ittee  Consideration  ........................................................................................  4
                     119th C ongress .......................................................................................................  5
                     R elated  H earings  .....................................................................................................  5
                     C om m ittee  V otes  .....................................................................................................  6
                     Com m ittee  Oversight Findings  ...............................................................................  8
                     Perform ance  Goals  and  Objectives  .........................................................................  8
                     Com m ittee  Cost  Estim ate  .......................................................................................  8
                     New Budget Authority and CBO Cost Estimate ...................................................  8
                     Unfunded M andates Statem ent  ..............................................................................  8
                     E arm ark Statem ent  .................................................................................................  8
                     Federal Advisory Committee Act Statement .........................................................  8
                     Applicability  to  the  Legislative  Branch  .................................................................  9
                     Duplication of Federal Program s  ............................................................................  9
                     Section-by-Section  Analysis of the  Legislation  ......................................................  9
                     Changes in Existing Law Made by the Bill, as Reported .................             9

                       The amendment is   as follows:
                       Strike all after the enacting clause and insert the following:

                     SECTION 1. SHORT TITLE.
                     This  Act may be cited as the National Senior Investor Initiative Act of 2025 or
                     the Senior Security Act of 2025.


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