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H.R. 6155

9-1-1 Emergency Service Protection Act

9-1-1 Emergency Service Protection Act

This bill amends the Investment Advisers Act of 1940 to require a registered investment adviser who advises a private fund that owns a controlling interest in an emergency services company to disclose to the Securities and Exchange Commission, at least annually:

  • the change in the average response time of emergency vehicles since the private fund acquired a controlling interest in the company,
  • the percentage of response times that failed to meet a response time required by contract or local ordinance, and
  • a description of the impact of any such failure on the value of the company to the private fund.

    Referred to the House Committee on Financial Services.

    Rep. Torres, Norma J. [D-CA-35](D-CA)Sponsor
    1committees3actions5subjects
    1. IntroReferralH11100

      Referred to the House Committee on Financial Services.

      Financial Services Committee
    2. IntroReferralIntro-H

      Introduced in House

    3. IntroReferral1000

      Introduced in House

    9-1-1 Emergency Service Protection Act — Informed