Search Results for keywords:"financial penalties"

Search Results: keywords:"financial penalties"

H. R. 7759 — To prohibit the purchase of certain securities from covered entities, and for other purposes.
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March 20, 2024
Status:Introduced in House
Congress:118
Words:1,297
H. R. 7759, known as the “PRC Military and Human Rights Capital Markets Sanctions Act of 2024”, seeks to ban U.S. individuals and entities from buying, selling, or holding securities linked to certain Chinese entities, referred to as covered entities. These covered entities are specified as...
Simple Explanation
H.R. 7759 is a rule that wants to stop people in the U.S. from buying or selling things like stocks from certain Chinese companies, especially if they are believed to do bad things like using forced labor. If someone breaks this rule, they might have to pay a lot of money or even go to jail, and this could make people worry about losing money quickly.
H. R. 8061 — To temporarily provide additional deposits into the Crime Victims Fund.
April 18, 2024
Status:Introduced in House
Congress:118
Words:220
H.R. 8061, known as the "Crime Victims Fund Stabilization Act of 2024," aims to increase deposits into the Crime Victims Fund temporarily. The bill modifies the Victims of Crime Act of 1984 to allow certain financial penalties collected by the government from false claims...
Simple Explanation
H.R. 8061 is a plan that helps add more money to a special pot called the Crime Victims Fund by taking some of the penalties from people who make false claims. This plan is like using extra coins from a piggy bank to make sure there's enough money to help people who have been hurt by crimes, but it still keeps some money aside to pay helpers and fix things.
S. 4977 — To hold accountable operators of social media platforms that intentionally or knowingly host false election administration information.
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August 01, 2024
Status:Introduced in Senate
Congress:118
Words:1,798
The Digital Integrity in Democracy Act seeks to hold social media platforms accountable if they knowingly or intentionally host false information about how elections are run, such as incorrect details about voting times or voter eligibility. The bill proposes changes to...
Simple Explanation
The Digital Integrity in Democracy Act wants social media platforms to quickly remove lies about how elections work, like wrong voting times, or else face big fines. If they don't, they could be in trouble with the law and have to pay a lot of money.
S. 474 — An Act To amend title 18, United States Code, to strengthen reporting to the CyberTipline related to online sexual exploitation of children, to modernize liabilities for such reports, to preserve the contents of such reports for 1 year, and for other purposes.
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May 01, 2024
Status:Enrolled Bill
Congress:118
Words:1,728
The REPORT Act aims to improve how reports related to online child sexual exploitation are handled in the U.S. It updates legal protections for those reporting or storing evidence of child exploitation and requires vendors to meet cybersecurity standards when dealing with...
Simple Explanation
The REPORT Act is a law that helps keep kids safe online by making sure people tell a special help line when they see bad things happening to kids on the internet. It makes rules for companies to protect kids better and punishes those who don't follow these rules with big fines.
H. R. 9457 — To amend the Employee Retirement Income Security Act of 1974 to prohibit increased payments under a group health plan or group health insurance coverage for telehealth services furnished by a provider located at a facility.
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December 19, 2024
Status:Reported in House
Congress:118
Words:1,384
H. R. 9457 aims to change the Employee Retirement Income Security Act of 1974 to stop higher payments for telehealth services provided by healthcare professionals at facilities. The bill states that payments should not be more than what would be given if the provider was not...
Simple Explanation
H. R. 9457 is a rule that says doctors shouldn't get paid extra for giving video call check-ups from a fancy place. If a doctor tries to charge too much, they might have to pay a fine, starting January 2026.
S. 4503 — To prevent exploitative private equity practices, and for other purposes.
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June 11, 2024
Status:Introduced in Senate
Congress:118
Words:6,414
The proposed bill, titled the "Corporate Crimes Against Health Care Act," aims to address exploitative practices by private equity firms in the healthcare sector. It establishes criminal and civil penalties for actions by certain parties that lead to negative events such as patient harm or...
Simple Explanation
The bill is like a big rulebook that wants to stop companies from being unfair and greedy when they take care of people who are sick. It says these companies have to give money back if they cheat or hurt people, and they can't get money from the government if they do bad things, making sure everyone plays fair and tells the truth.
H. R. 6789 — To amend the Consumer Financial Protection Act of 2010 to clarify standards for UDAAP enforcement actions brought by the Bureau of Consumer Financial Protection, and for other purposes.
December 14, 2023
Status:Introduced in House
Congress:118
Words:1,829
H.R. 6789, also known as the "Rectifying UDAAP Act," aims to amend the Consumer Financial Protection Act of 2010 by refining the Bureau of Consumer Financial Protection's (CFPB) standards for enforcing rules against unfair, deceptive, or abusive acts or practices (UDAAP). The bill mandates...
Simple Explanation
This bill wants to make the rules easier to understand for when companies treat people unfairly or trick them with money matters, and it asks them to fix problems before getting into trouble.
S. 4586 — To prevent the funding of malign activities of the Chinese Communist Party though the sale of A-Shares on certain securities exchanges controlled by the Chinese Communist Party by prohibiting the purchase, sale, and ownership of such securities by United States investors, and for other purposes.
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June 18, 2024
Status:Introduced in Senate
Congress:118
Words:4,424
S. 4586 aims to restrict U.S. investments that might indirectly fund activities by the Chinese Communist Party through securities known as "A-Shares" on Chinese stock exchanges. The bill prohibits U.S. investors from owning or trading these securities and mandates divestment...
Simple Explanation
The bill wants to stop people in the U.S. from buying or owning certain Chinese stocks because they might be used for bad actions by the Chinese government. It is like saying, "Hey, don’t buy these toys from a store because we think the store manager might be doing naughty things with the money!"
H. R. 7831 — To impose a financial penalty on certain institutions of higher education with high percentages of students who default or make insufficient payments on Federal student loans, and for other purposes.
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March 26, 2024
Status:Introduced in House
Congress:118
Words:2,840
H.R. 7831, titled the "Preventing Financial Exploitation in Higher Education Act," proposes financial penalties for certain large educational institutions with high student loan defaults, delinquencies, or underpayments. If these rates exceed specified levels, the institutions must pay a...
Simple Explanation
The "Preventing Financial Exploitation in Higher Education Act" is like a rule that says if big colleges have too many students who can't pay back their school loans, the colleges have to give some money back. It also says if those colleges make their tuition much more expensive, they have to pay more taxes.
H. R. 7129 — To amend the Small Business Act to establish the Office of Whistleblower Awards, and for other purposes.
January 30, 2024
Status:Introduced in House
Congress:118
Words:3,463
H.R. 7129 seeks to amend the Small Business Act to create an Office of Whistleblower Awards. This office would be responsible for managing and awarding monetary prizes to whistleblowers who provide valuable information related to financial misconduct or fraudulent activities...
Simple Explanation
H.R. 7129 is about making sure people who tell the truth about bad money problems in small businesses get rewarded and are protected from getting in trouble for doing so. It plans to give money to those who help, keep them safe from unfair treatment, and make rules about how this all works.
H. R. 8292 — An Act To amend the Internal Revenue Code of 1986 to increase penalties for unauthorized disclosure of taxpayer information.
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September 18, 2024
Status:Received in Senate
Congress:118
Words:308
H.R. 8292, titled the “Taxpayer Data Protection Act,” aims to amend the Internal Revenue Code of 1986 to increase the penalties for unauthorized disclosure of taxpayer information. The bill proposes raising the fine from $5,000 to $250,000 and increasing the maximum prison...
Simple Explanation
H.R. 8292 is a bill that wants to make the punishment much bigger for people who share private taxpayer information without permission. If someone does this, they could now pay a really big fine and spend more time in jail.
H. R. 7979 — To amend section 321 of the Tariff Act of 1930 to modify the administrative exemptions under that Act.
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December 24, 2024
Status:Reported in House
Congress:118
Words:907
H.R. 7979, titled the "End China’s De Minimis Abuse Act," aims to amend section 321 of the Tariff Act of 1930. It focuses on modifying the rules related to administrative exemptions for imports, specifically limiting situations where merchandise is split into separate shipments to bypass...
Simple Explanation
H.R. 7979 is a bill that wants to stop people from sneaking in goods while avoiding paying certain taxes, especially from countries that have special rules. If someone breaks the rules, they have to pay a lot of money as a penalty.
H. R. 7366 — To require timely publication of CBP border encounters, and for other purposes.
February 15, 2024
Status:Introduced in House
Congress:118
Words:340
H.R. 7366 aims to ensure the timely release of data about border encounters by U.S. Customs and Border Protection (CBP) every month. The bill mandates that this information must be published on the CBP Public Data Portal by the seventh day of each month, covering the...
Simple Explanation
H.R. 7366 is a rule that says border patrol has to share how many people they catch at the border each month by the seventh day. If they don't do this on time, the people in charge of them might get less money to do their jobs.

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