Pipeline · Bill → Law
Step 1
Introduced
Mar 27, 2025
Step 2
Referred
Mar 27, 2025
Financial Services · Banking, Housing, and Urban Affairs
Step 3
Committee
Sep 16, 2025
Reported out
Step 4
House floor
Jun 25, 2026
Passed House
Step 5
Senate
Jul 13, 2026
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill establishes procedures for delaying the redemption of certain securities if an investment company or agent believes that an older individual or an individual with certain impairments has been financially exploited. Specifically, the bill allows for the delay of the redemption of a security issued by an open-end investment management company and serviced by a transfer agent if the company or agent reasonably believes the redemption involves the financial exploitation of an individual (1) age 65 or older, or (2) age 18 or older who is unable to protect his or her own interests due to a mental or physical impairment. (Open-end investment management companies offer securities in poole...
Roll Call Votes · 1
Timeline · 15 actions
Jul 13, 2026
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 25, 2026
Motion to reconsider laid on the table Agreed to without objection.
Jun 25, 2026
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).ROLL CALLPassed
Jun 25, 2026
Passed/agreed to in 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).ROLL CALLPassed
Jun 25, 2026
Considered as unfinished business. (consideration: CR H4251-4252)
Jun 24, 2026
At the conclusion of debate, the chair put the question on the motion to suspend the rules. Mr. Hill (AR) objected to the vote on the grounds that a quorum was not present. Further proceedings on the motion were postponed. The point of no quorum was considered as withdrawn.
Jun 24, 2026
DEBATE - The House proceeded with forty minutes of debate on H.R. 2478.
Jun 24, 2026
Considered under suspension of the rules. (consideration: CR H4222-4226; text: CR H4222-4223)
Jun 24, 2026
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Nov 4, 2025
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-361.
Nov 4, 2025
Placed on the Union Calendar, Calendar No. 313.
Sep 16, 2025
Committee Consideration and Mark-up Session Held
Sep 16, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
Mar 27, 2025
Introduced in House
Mar 27, 2025
Referred to the House Committee on Financial Services.