S 4055 · 119th Congress 2025โ€“2027

Senior Security Act of 2026

Latest action · Mar 11, 2026 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMar 11, 2026
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

National Senior Investor Initiative Act of 2026 or the Senior Security Act of 2026

This bill establishes the Senior Investor Taskforce within the Securities and Exchange Commission. The taskforce must report on topics relating to investors over the age of 65, including industry trends and serious issues impacting such investors, and make recommendations for legislative or regulatory actions to address problems encountered by senior investors.

The Government Accountability Office must report on the financial exploitation of senior citizens.

Cosponsors 3

Members who signed on, in the order they did. All signed on Mar 11, 2026.

SeatCosponsorSigned on
R-PADavid McCormickOriginalMar 11, 2026
D-NYKirsten E. GillibrandOriginalMar 11, 2026
R-MESusan M. CollinsOriginalMar 11, 2026

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateBanking, Housing, and Urban Affairs Committee
Referred Mar 11, 2026

Actions 2

Everything that happened, newest first.

  1. Mar 11, 2026Introduced in Senate
  2. Mar 11, 2026Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Printed hearings 1

Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.

NumberHearingCommitteeHeld
S. Hrg. 119-446EMPOWERING SENIORS THROUGH FINANCIAL LITERACY: TOOLS TO PROTECT SAVINGS, PREVENT FRAUD, AND PROMOTE INDEPENDENCE94 pagesAging (Special) CommitteeApr 15, 2026

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 1469Senior Security Act of 2025Related billJul 22, 2025

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to create an interdivisional taskforce at the Securities and Exchange Commission for senior investors.
Short Title(s) as Introduced
Senior Security Act of 2026
National Senior Investor Initiative Act of 2026

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Mar 11, 2026Introduced in Senate

Support LegiList

This page is free, carries no paywall, and is built and maintained by one person. If the record here is useful to you, a few dollars keeps it going.

Processed by Stripe in a separate window. LegiList never sees card details.

Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.