,,ii #aahth ,,congress #b;d ,session ,s4 #chce ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #bi1 #bjbd,ms4 ,smith introduced the following bill2 which was read twice and referred to the ,committee on ,banking1 ,housing1 and ,urban ,affairs ,a ,,bill ,to establish an interagency ,working ,group to study financial safety and inclusion for survivors1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,survivor ,financial ,safety and ,inclusion ,working ,group ,act4 #b4 ,working ,group for ,financial ,safety and ,inclusion for ,survivors 7a7 ,definitions ,in this section3 7#a7 ,covered agency ,the term covered agencies means the following3 7,a7 ,the ,department of the ,treasury4 7,b7 ,the ,board of ,governors of the ,federal ,reserve ,system4 7,c7 ,the ,bureau of ,consumer ,financial ,protection4 7,d7 ,the ,federal ,deposit ,insurance ,corporation4 7,e7 ,the ,office of the ,comptroller of the ,currency4 7,f7 ,the ,national ,credit ,union ,administration4 7,g7 ,the ,securities and ,exchange ,commission4 7,h7 ,the ,state insurance regulators4 7#b7 ,domestic violence ,the term domestic violence means the use or attempted use of physical abuse or sexual abuse1 or a pattern of any other coercive behavior committed1 enabled1 or solicited to gain or maintain power and control over a survivor1 including verbal1 psychological1 economic1 or technological abuse that may or may not constitute criminal behavior1 by a person who-- 7,a7 is a current or former spouse or intimate partner of the survivor1 or person similarly situated to a spouse of the survivor2 7,b7 is cohabitating1 or has cohabitated1 with the survivor as a spouse or intimate partner2 7,c7 shares a child in common with the survivor2 or 7,d7 commits acts against a youth or adult survivor who is protected from those acts under the family or domestic violence laws of the jurisdiction4 7#c7 ,economic abuse ,the term economic abuse means behavior that is coercive1 deceptive1 or unreasonably controls or restrains the ability of a person to acquire1 use1 or maintain economic resources to which they are entitled1 including using coercion1 fraud1 or manipulation1 to-- 7,a7 restrict access of a person to money1 assets1 credit1 or financial information2 7,b7 unfairly use the personal economic resources of another person1 including money1 assets1 and credit1 for the advantage of the person2 7,c7 exert undue influence over the financial and economic behavior or decisions of another person1 including forcing default on joint or other financial obligations2 7,d7 exploit powers of attorney1 guardianship1 or conservatorship2 or 7,e7 fail or neglect to act in the best interest of another person to whom one has a fiduciary duty4 7#d7 ,indian tribe ,the term ,indian tribe means an ,indian tribe included on the list published by the ,secretary of the ,interior under section #ajd of the ,federally ,recognized ,indian ,tribe ,list ,act of #aiid 7#be ,u4,s4,c4 #eaca74 7#e7 ,low- or moderate-income community ,the term low- or moderate-income community means a census tract designated as low-income or moderate-income by the ,financial ,institutions ,examinations ,council on a public website of the ,council4 7#f7 ,regulated financial institution ,the term regulated financial institution means-- 7,a7 a depository institution1 as defined in section #c of the ,federal ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahac72 7,b7 a ,federal credit union or a ,state credit union1 as those terms are defined in section #aja of the ,federal ,credit ,union ,act 7#ab ,u4,s4,c4 #ageb72 7,c7 an investment adviser1 as defined in section #bjb7;a7 of the ,investment ,advisers ,act of #aidj 7#ae ,u4,s4,c4 #hj;b-#b7;a772 7,d7 a broker or dealer1 as defined in section #c7;a7 of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #gh;c7a772 7,e7 an insurance company1 as defined in section #b7;a7 of the ,investment ,company ,act of #aidj 7#ae ,u4,s4,c4 #hj;a-#b7;a772 7,f7 any business entity that sells1 solicits1 or negotiates insurance coverage2 7,g7 a transfer agent1 as defined in section #c7;a7 of the ,securities ,exchange ,act of #aicd 7#ae ,u4,s4,c4 #gh;c7a772 7,h7 an individual who is required under ,state law to be licensed to sell1 solicit1 or negotiate insurance coverage2 and 7,i7 an individual who-- 7i7 is employed by1 or associated with1 an investment adviser2 and 7ii7 does not perform solely clerical or ministerial acts4 7#g7 ,rural area ,the term rural area means any county that is mostly rural or completely rural in the latest available decennial census4 7#h7 ,state ,the term ,state means each of the several ,states of the ,united ,states and the ,district of ,columbia4 7#i7 ,survivor ,the term survivor means an individual who is or has previously been subjected to domestic violence1 including economic abuse4 7#aj7 ,territory of the ,united ,states ,the term territory of the ,united ,states means-- 7,a7 the ,commonwealth of ,puerto ,rico2 7,b7 ,guam2 7,c7 ,american ,samoa2 7,d7 the ,commonwealth of the ,northern ,mariana ,islands2 and 7,e7 the ,united ,states ,virgin ,islands4 7#aa7 ,working ,group ,the term ,working ,group means the interagency working group established under subsection 7b74 7b7 ,establishment ,there is established an interagency working group to study the following3 7#a7 ,how ,congress and covered agencies can support regulated financial institutions in safely and confidentially collecting data on-- 7,a7 the types and prevalence of economic abuse tactics that are being carried out through regulated financial institutions2 and 7,b7 the impacts of economic abuse tactics on consumers and regulated financial institutions4 7#b7 ,data from regulated financial institutions on the statistics1 trends1 and impacts of economic abuse carried out through regulated financial institutions4 7#c7 ,how regulated financial institutions can improve existing financial products and services and design and offer new financial products and services specially tailored to meet the financial and safety needs of survivors4 7#d7 ,how the recommendations and guidance provided by the ,working ,group account for any additional financial or safety needs of historically underbanked and underserved communities1 including rural communities1 low- or moderate-income communities1 ,indian tribes1 and territories of the ,united ,states4 7#e7 ,any legislative or regulatory authority necessary to implement any recommendations or guidance provided by the ,working ,group4 7c7 ,membership ,the ,working ,group shall be comprised of the following3 7#a7 ,the head of each of the following1 or the head's designee3 7,a7 ,the ,department of the ,treasury4 7,b7 ,the ,board of ,governors of the ,federal ,reserve ,system4 7,c7 ,the ,bureau of ,consumer ,financial ,protection4 7,d7 ,the ,federal ,deposit ,insurance ,corporation4 7,e7 ,the ,office of the ,comptroller of the ,currency4 7,f7 ,the ,national ,credit ,union ,administration4 7,g7 ,the ,securities and ,exchange ,commission4 7#b7 ,a ,state insurance commissioner selected by the ,state insurance commissioners 7through the ,national ,association of ,insurance ,commissioners74 7#c7 ,one individual with expertise in economic abuse and experience working with and advocating on behalf of survivors of domestic violence1 appointed by the ,secretary of the ,treasury4 7#d7 ,one individual with expertise in consumer protection and experience working with and advocating on behalf of consumers1 appointed by the ,secretary of the ,treasury4 7#e7 ,one individual who is a member of1 and has experience working with and advocating on behalf of1 communities that have been historically underbanked and unbanked1 including rural communities1 low- or moderate-income households1 ,indian tribes1 and territories of the ,united ,states1 appointed by the ,secretary of the ,treasury4 7#f7 ,any other individuals1 but no more than #d1 appointed by the ,secretary of the ,treasury1 as the ,secretary determines appropriate4 7d7 ,chairperson ,the ,secretary of the ,treasury 7or the ,secretary's designee1 as applicable7 shall serve as the chairperson of the ,working ,group4 7e7 ,terms 7#a7 ,in general ,a member of the ,working ,group shall serve a term of #b years4 7#b7 ,limitation ,each individual appointed under paragraphs 7#c7 through 7#f7 of subsection 7c7 may only serve #a term4 7#c7 ,first term ,the first term of the ,working ,group shall begin on ,january #ast of the first calendar year that begins after the date of enactment of this ,act4 7f7 ,meetings ,the ,working ,group shall convene not later than #fj days after the beginning of the first term of the ,working ,group and shall meet not less frequently than twice a year thereafter4 7g7 ,compensation ,members of the ,working ,group shall receive no additional compensation by reason of their service on the ,working ,group4 7h7 ,travel expenses ,members of the ,working ,group shall be allowed travel expenses1 including per diem in lieu of subsistence1 at rates authorized for employees of agencies under subchapter ,i of chapter #eg of title #e1 ,united ,states ,code1 while away from home or regular places of business in performance of service for the ,working ,group4 7i7 ,annual reports 7#a7 ,in general ,the ,working ,group shall submit to the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives an annual report regarding-- 7,a7 the activities of the ,working ,group2 and 7,b7 the study required under subsection 7b74 7#b7 ,public availability ,the report under paragraph 7#a7 shall be made publicly available online and in accessible format that complies with section #d7;b7 of the ,plain ,writing ,act of #bjaj 7#e ,u4,s4,c4 #cja note7 and ,executive ,order #acaff 7#db ,u4,s4,c4 #bjjj;d-#a note2 relating to access to services for persons with limited ,english proficiency74 7j7 ,congressional testimony ,the head of an agency described under subparagraphs 7,a7 through 7,g7 of subsection 7c77#a7 shall1 when providing the semiannual written testimony and appearing before the ,committee on ,banking1 ,housing1 and ,urban ,affairs of the ,senate and the ,committee on ,financial ,services of the ,house of ,representatives1 include information on the activities of the agency as part of the ,working ,group4 7k7 ,transparency ,to the greatest extent practicable1 the ,working ,group shall operate in a transparent manner that adheres to the requirements of chapter #aj of title #e1 ,united ,states ,code1 with the exception that the ,working ,group shall be permitted to freely communicate both during and between meetings in a confidential manner to discuss non-public information and other sensitive and nonpublic issues4