U.S. Congress legislation · 119th Congress
HB10242: Janie Wynn Protecting Elders from Financial Exploitation Act
Status: In committee, September 3, 2026
To require the Director of the Bureau of Consumer Financial Protection to issue a final rule requiring any card issuer that issues a pre-approved credit card to a senior citizen to provide fraud alerts to certain individuals, and for other purposes.
What the bill says
To require the Director of the Bureau of Consumer Financial Protection to issue a final rule requiring any card issuer that issues a pre-approved credit card to a senior citizen to provide fraud alerts to certain individuals, and for other purposes.
From the introduced text, September 3, 2026:
A BILL To require the Director of the Bureau of Consumer Financial Protection to issue a final rule requiring any card issuer that issues a pre-approved credit card to a senior citizen to provide fraud alerts to certain individuals, and for other purposes. SECTION 1. Short title This Act may be cited as the Janie Wynn Protecting Elders from Financial Exploitation Act . SECTION 2. Prevention of senior citizen financial exploitation (a) In general Not later than 180 days after the date of the enactment of this Act, the Director of the Bureau of Consumer Financial Protection, in consultation with the Secretary of the Treasury and the Director of the Financial Crimes Enforcement Network, shall issue a final rule requiring-- (1) any card issuer that issues a pre-approved credit card to a senior citizen to provide fraud alerts for such credit card upon activation to-- (A) the cardholder; and (B) except as provided in subsection (b), an individual selected by the cardholder who is at least 25 years old and-- (i) is a relative or spouse of the cardholder; or (ii) has provided a description to the card issuer of the nature of their relationship with the cardholder; and (2) each depository institution and credit union to provide training to employees who perform fraud detection services on how to identify …
Sponsors
- Clay Higgins (R, HD-003) · primary sponsor
Latest actions
- : Referred to the House Committee on Financial Services.
- : Introduced in House
Subjects: Finance and Financial Sector
Common questions
- What is HB10242?
- HB10242 is a bill in Congress (119th Congress): Janie Wynn Protecting Elders from Financial Exploitation Act.
- What does HB10242 do?
- In its own words: To require the Director of the Bureau of Consumer Financial Protection to issue a final rule requiring any card issuer that issues a pre-approved credit card to a senior citizen to provide fraud alerts to certain individuals, and for other purposes.
- What is the status of HB10242?
- In committee as of September 3, 2026. Latest action: Referred to the House Committee on Financial Services. (September 3, 2026).
- Who sponsored HB10242?
- Clay Higgins (R, HD-003).
- Where is the official record for HB10242?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10242
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.