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Military Consumer Protection Task Force Act of 2025

Bill Number
H.R. 5683
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Armed Forces and National Security
Status
Introduced
Latest Action
2025-10-03: Referred to the Committee on Armed Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Last Updated
2025-11-25T18:46:49Z

AI-Generated Summary

Purpose of the Legislation

The Military Consumer Protection Task Force Act of 2025 aims to create a coordinated federal effort to address the growing problem of financial fraud targeting members of the U.S. Armed Forces, veterans, and their families. It recognizes the increasing financial losses from scams like imposter schemes and investment fraud, which reached an estimated $584 million in 2024, and seeks to improve prevention through data collection, analysis, and recommendations.

Key Provisions

Significant Changes to Existing Law

This bill introduces a new interagency task force, which does not exist under current law. It builds on existing anti-fraud efforts by mandating coordination among agencies and requiring regular assessments and reports, but it does not amend or repeal prior statutes like the Military Lending Act or Servicemembers Civil Relief Act—instead, it evaluates their effectiveness.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Lynch, Stephen F. [D-MA-8]

Cosponsors (3)

Rep. McBride, Sarah [D-DE-At Large], Rep. Gottheimer, Josh [D-NJ-5], Rep. Tlaib, Rashida [D-MI-12]

Recent Actions

Bill Versions