Supporting and Treating Officers In Crisis Act of 2019
Summary
The Supporting and Treating Officers In Crisis Act of 2019 (S.998) became law on July 25, 2019, reauthorizing $7.5 million annually through FY2024 for DOJ grants to law enforcement for family support, stress reduction, and suicide prevention. The funding is too small to materially affect any publicly traded company, and the grants flow to state and local agencies, not corporate entities.
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Key Takeaways
- 1.The bill authorizes only $7.5M/year, a trivial amount for public markets.
- 2.Grants go to government agencies, not corporate contractors.
- 3.No publicly traded company is directly or materially affected.
Market Implications
No market implications. The bill is small, already enacted, and does not create revenue streams for any publicly traded company. Investors should ignore this legislation for trading decisions.
Full Analysis
The bill, signed into law in 2019, amended the Omnibus Crime Control and Safe Streets Act to expand grant eligibility for law enforcement mental health and family support services. It authorizes $7.5 million per year for FY2020–2024, but this is an authorization ceiling, not an appropriation. Actual funding requires separate appropriations bills. The policy area is crime and law enforcement, not military defense. The primary beneficiaries are state and local law enforcement agencies, not publicly traded companies. No public company derives a material revenue stream from these grants. The bill has been law for seven years, so any market impact has already been absorbed. Retail investors should not expect any new trading opportunities from this legislation.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
Melanie's Law
Law Enforcement De-Escalation Training Act of 2022
National Law Enforcement Officers Remembrance, Support, and Community Outreach Act.
Law Enforcement Suicide Data Collection Act
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