ReportScams.gov Act

What happened: On June 15, 2026, Senator Hassan (D-NH) introduced S.4782, the ReportScams.gov Act, which was read twice and referred to the Committee on Homeland Security and Governmental Affairs. The bill is in an early legislative stage (introduced/referred). It aims to create a Federal priority goal to reduce scams, establish a Scams Steering Committee, develop a Federal Scams Action Plan, and launch a central website (ReportScams.gov) for scam information and prevention. The money trail: The bill does not specify any authorized or appropriated funding amount. It requires the Director of OMB to establish the priority goal within 90 days of enactment, but no dollar figures are attached. Authorization bills like this set policy direction; actual funding would require separate appropriations, which are absent. Convergence: There are no related signals, procurements, or presidential actions provided in the candidate context. The bill is an isolated legislative proposal with no identifiable convergence with other government activities. Structural winners and losers: The bill is administrative and informational in nature — it creates a website and steering committee. It does not mandate spending, tax incentives, or regulatory changes that would materially affect any public company. No direct winners or losers can be identified from the text. Timeline: The bill is at step one — introduced and referred to committee. It must pass the Senate Homeland Security and Governmental Affairs Committee, then the full Senate, then the House (or a companion bill), then be signed by the President. Given the early stage and lack of explicit funding or penalties, passage odds are low, and any eventual impact would be years away.