# 119-hr-9717: Customer Property Protection Act

119-hr-9717, Customer Property Protection Act, is a 119th Congress bill sponsored by Rep. Thanedar, Shri [D-MI-13] (D-MI); status introduced; PRIA reads it as touching household money (as of 2026-08-01).

- Canonical: https://policyrisk.com/legislation/119-hr-9717
- As of: 2026-08-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9717
- Congress: 119
- Title: Customer Property Protection Act
- Status: introduced
- Introduced: 2026-07-15
- Sponsor: Rep. Thanedar, Shri [D-MI-13] (D-MI)
- Cosponsors: 1
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-08-01

## Summary

**Expands what counts as customer property in commodity broker bankruptcies.** This bill would let certain estate assets like cash, securities, trading and operating accounts, and inventory be treated as customer property to satisfy public customers' net equity claims when ordinary customer property is insufficient. - Public customers: They could claim against more estate assets to cover net equity shortfalls, increasing chances they get paid when customer property falls short. - Creditors and clearing organizations: Unavoidable security interests, contractual offsets, and netting rights, including rights under a derivatives clearing organization or a clearing agency, remain preserved. - Commodity brokers and estates: The bill would add specific estate assets to the customer property definition and directs the Commission to define "net equity claims" by rule.

## Cosponsors (1)

- Rep. Cammack, Kat [R-FL-3] (R-FL), 2026-07-15T00:00:00.000Z

## Provisions PRIA read

- More protection for commodity customers: benefit, low. If enacted, cash, securities, trading and operating accounts, and commodities a commodity broker holds would be treated as customer property in a broker bankruptcy. That extra property would be available only to the extent ordinary customer property is not enough to cover public customers' net equi…

## Related bills

- 119-hr-9877: Health Equity and Accountability Act of 2026
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-6900: American Affordability Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7973: Momnibus Act
- 119-hr-2945: Housing for All Act of 2025

## Sources
- [119-hr-9717 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9717)

## Related
- [119-hr-9877: Health Equity and Accountability Act of 2026](https://policyrisk.com/legislation/119-hr-9877)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-6900: American Affordability Act of 2025](https://policyrisk.com/legislation/119-hr-6900)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-2945: Housing for All Act of 2025](https://policyrisk.com/legislation/119-hr-2945)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9717 (as of 2026-08-01).