Spending

The home version of the Must-Pass Spending Package includes a lab provision on the retirement plan

2. Senior Fraud Prevention Act of 2022

This section, page 1919 of the Rules Committee PDF, would create a senior fraud advisory office at the Federal Trade Commission.

The office would help seniors and their caregivers deal with “mail, television, internet, telemarketing and robocall fraud targeting seniors, including descriptions of the most common fraud schemes.”

Another related section, the “Fraud and Scam Reduction Act,” would create a “high-level scam prevention advisory group” that could include any government official, consumer advocate, or industry representative approved by the FTC.

3. Extension of Medicare COVID-19 Emergency Telehealth Rules

The Medicare program has always been hostile to many types of telehealth providers.

Congressional and program officials have relaxed the rules in response to the COVID-19 pandemic.

The Telehealth Flexibility Extensions, on page 1861 of the House Rules PDF, would extend the emergency telehealth rules until 151 days after the end of the COVID-19 emergency period.

Congress put in place major programs and tax breaks by passing a short-term measure and then voting to keep the temporary measure in place over and over again, for years.

The telehealth rule expansion provision in the new House spending package suggests that Congress may end up using this approach to keep Medicare’s current, looser telehealth approach in place.

4. Money laundering in the US housing market

The provision of the Financial Crimes Network, on page 5 of the Division E PDF on the main Internal Invoices site, could affect financial professionals with clients who invest in real estate.

The section requires FinCEN “to provide regular updates on its efforts to address money laundering vulnerabilities that exist in the U.S. real estate market, including regulations relating to new record-keeping and reporting requirements for unfunded real estate transactions”.

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