The GAP Act
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Table of Contents
A member of the House of Representatives has introduced the GAP Act. The bill has been referred to the Committee on Financial Services, along with several other committees including Foreign Affairs, Energy and Commerce, Transportation and Infrastructure, Oversight and Government Reform, and Small Business.
Why it matters: The practical significance of this bill is currently unclear because the text provided does not detail specific policy changes or mandates. Its impact will depend on what the various committees decide to include in their review.
Who it affects
- Financial services industry
This information comes from Congress.gov regarding a House bill; readers should consult the full text of the legislation before relying on it for any purpose.
Agency: House
Source: Congress.gov — read the official document