1HOUSE · JUN 25, 2026
Passed the House
414–2PASSED
R 206–2 D 207–0 I 1–0
On Motion to Suspend the Rules and Pass, as Amended · roll 227 · 14 not voting
House bill · 119th Congress · Latest step: Passed House
Financial Exploitation Prevention Act of 2025
Official title: To amend the Investment Company Act of 1940 to postpone the date of payment or satisfaction upon redemption of certain securities in the case of the financial exploitation of specified adults, and for other purposes.
Sponsor: Rep. Ann Wagner R-MOWhere it went
- IntroducedMar 27, 2025
- Committee actionSep 16, 2025
- Passed HouseJun 25, 2026 · 414–2
- Passed Senate—
- To the President—
- Became law—
Latest action: Jul 13, 2026 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Cost and committee reports
Official records Congress.gov attaches to H.R. 2478.
- CBO cost estimateThe Congressional Budget Office published “H.R. 2478, Financial Exploitation Prevention Act of 2025” on April 8, 2026. CBO’s description reads “As reported by the House Committee on Financial Services on November 4, 2025”.Read the CBO estimate ↗Source: Congressional Budget Office, April 8, 2026 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/62311
- CBO publication date
- April 8, 2026
- Congress.gov bill record
- H.R. 2478, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2478
- Record last updated by Congress.gov
- July 15, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
c39d7a11a6fa941d4fe08fc655f3c1fd8094e7a733f4d4cf5e85d52abb9e288f
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportCongress.gov lists 1 committee report for this bill: H. Rept. 119-361 ↗. The Congress.gov committee record lists a “Reported By” entry for the Financial Services Committee on November 4, 2025.Source: Congress.gov, reported November 4, 2025 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/119/HRPT/361
- Congress.gov bill record
- H.R. 2478, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2478
- Record last updated by Congress.gov
- July 15, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
c39d7a11a6fa941d4fe08fc655f3c1fd8094e7a733f4d4cf5e85d52abb9e288f
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mrs. WAGNER, as printed in the Congressional Record (Vol. 171, No. 56, March 27, 2025, Pages H1339-H1340):Article 1, Section 8, Clause 18Source: Congress.gov, Congressional Record March 27, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 31 characters
- Congress.gov bill record
- H.R. 2478, 119th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/119/hr/2478
- Record last updated by Congress.gov
- July 15, 2026
- PORKER copy retrieved
- September 13, 2026
- Stored copy, SHA-256 of the file
c39d7a11a6fa941d4fe08fc655f3c1fd8094e7a733f4d4cf5e85d52abb9e288f
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
Sent to: Financial Services Committee, Banking, Housing, and Urban Affairs CommitteeBills with a CBO estimateBills with a committee reportSee it in the Data Web
From the Congress.gov bill record for H.R. 2478, last updated July 15, 2026. PORKER’s copy was retrieved September 13, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
1 recorded roll-call vote on H.R. 2478. The vote that moved the bill is first.
Yea–nay by party (R = Republicans, D = Democrats, I = independents). Counts for present and not-voting members are shown where there were any. Showing all 1 of 1 recorded votes. Sorted by date; within a chamber by roll-call number.
Cosponsors
11 cosponsors — 7 Republicans, 4 Democrats
4 of 11 cosponsors (36%) are from the other party.
Cleo Fields (D-LA), Andrew Garbarino (R-NY), Josh Gottheimer (D-NJ), Bill Huizenga (R-MI), Young Kim (R-CA), Michael Lawler (R-NY), Zachary Nunn (R-IA), Marie Perez (D-WA), Pete Sessions (R-TX), Bryan Steil (R-WI), Eugene Vindman (D-VA).
More from the sponsor
Other 119th Congress bills sponsored by Rep. Ann Wagner.
- H.R. 1512 (119th) Taiwan Assurance Implementation Act
- H.R. 3382 (119th) Small Entity Update Act
- H.R. 3383 (119th) Incentivizing New Ventures and Economic Strength Through Capital Formation Act of 2025
- H.R. 3381 (119th) Encouraging Public Offerings Act of 2025
- H.R. 4429 (119th) Developing and Empowering our Aspiring Leaders Act of 2025
- H.R. 909 (119th) Crime Victims Fund Stabilization Act of 2025
Related bills
Relationships as recorded by Congress.gov.
Sponsor’s state and district
Data as of Sep 25, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.