The record

LegislationLegislation· Sep 2026
HR 2978 Passed House — in Senate

Sponsored by Zachary Nunn (R)

GUARD Act

Lets law enforcement use federal grant funds to investigate elder fraud and cryptocurrency scams.

Tradeoff

Expands use of existing law enforcement grant programs to target financial fraud and elder exploitation. Requires agencies to report results and FinCEN to study fraud trends.

What's in it

See official bill text

Costs $128 million over 2026-2031 in federal grants to state and local law enforcement for fraud investigation.

The $128 million funds grants to approximately 210 law enforcement agencies over six years, with each agency receiving an average of $225,000 to support financial fraud investigation staffing and tools.

H.R. 2978, GUARD Act of 2026 · Jun 2026

Passed the House 414-7 on September 15, 2026 — sitting in the Senate.

  1. House

    Introduced

    (Apr 21, 2025)

  2. House

    Committee on the Judiciary(Apr 21, 2025)

    The bill went to more than one committee at the same time.

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 52 - 0(May 13, 2026)

    Committee report H. Rept. 119-709, Part I.

  4. House

    On Motion to and Pass, as Amended

    Passed(Roll #301 · Sep 15, 2026)

    414 yeanay 7
  5. Senate

    Received from the House

    Received(Sep 16, 2026)

Passage votes so far· Sep 15, 2026· 119th Congress · 2025–2027