Financial Empowerment and Protection Act
The Financial Empowerment and Protection Act requires companies like utilities, internet providers, landlords, and mortgage lenders to allow adults living together who agree to share a household to open joint accounts for managing services and bills. These accounts must be in both adults' names, and companies must provide access to account details, online portals, and billing information upon request. Companies must also notify cohabitating adults about shared information and comply with privacy notices, with individuals able to sue for up to $1,000 per violation for non-compliance. The law takes effect 180 days after enactment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Oct 2024
Committee Review
Floor Vote
President
Introduced Oct 22, 2024
Last action Oct 22, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Oct 22, 2024
Committee
Referred to the Committee on Energy and Commerce, and in addition to the Committees on Transportation and Infrastructure, Financial Services, and Education and the Workforce, 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.
lower
Oct 22, 2024
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HR 10021
Scope: US
Hi! I can help you understand HR 10021. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline