Policy Impact Analysis - 117/HR/9621

Bill Overview

Title: Justice for Armored Car Crew Members Act of 2022

Description: This bill makes the robbery of an armored car or armored car company building an offense under the federal bank robbery statute.

Sponsors: Rep. Gohmert, Louie [R-TX-1]

Target Audience

Population: Armored car crew members and their direct associates (including employers and families) impacted by increased legal protections against robbery

Estimated Size: 50000

Reasoning

Simulated Interviews

Armored Car Driver (Houston, TX)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 6/20

Statement of Opinion:

  • The new law gives me peace of mind knowing that there is now more deterrence against robbers.
  • I appreciate the federal support in protecting our profession.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 8 6
Year 20 8 6

Armored Car Security Technician (Los Angeles, CA)

Age: 32 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 5/20

Statement of Opinion:

  • This policy might make our job safer, which is a big relief because last year's incident was terrifying.
  • Glad to see the federal government taking this seriously. It makes me feel valued.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 5
Year 10 7 5
Year 20 6 5

Armored Car Company Manager (Chicago, IL)

Age: 55 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 4/20

Statement of Opinion:

  • Enhanced federal penalties are likely to deter would-be robbers, reducing my stress levels.
  • A drop in robberies can improve our company's bottom line by reducing insurance costs.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 9 7
Year 10 9 7
Year 20 8 7

Financial Institution Security Analyst (New York, NY)

Age: 41 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • Seeing the increased legal protections reassures customers of the safe handling of their assets.
  • Banks heavily rely on these services, so anything that shields them from robbery reduces our risk assessments.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 8 6
Year 10 8 6
Year 20 7 6

Customer - Store Manager (Phoenix, AZ)

Age: 24 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • I hope this new law will make transporting large cash deposits safer.
  • This could save us from potential losses and gives us peace of mind.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 6 5

Retired (Miami, FL)

Age: 63 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 7/20

Statement of Opinion:

  • At my age, I'm glad to see such changes aimed at keeping my family member's jobs safe.
  • These cars are essential, and any legislative protection is good.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 6 6

Armored Car Crew Member (Seattle, WA)

Age: 29 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 20.0 years

Commonness: 4/20

Statement of Opinion:

  • It's crucial for my safety that these legal protections are in place.
  • I'm glad to see societal recognition of our dangerous roles.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 7 5
Year 10 7 5
Year 20 8 5

Insurance Specialist (Atlanta, GA)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 10/20

Statement of Opinion:

  • Any increase in security can reduce claims and losses, which is great for my clients.
  • This law might lead to better risk assessments and lower premiums over time.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Armored Car Driver (Baltimore, MD)

Age: 37 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 15.0 years

Commonness: 5/20

Statement of Opinion:

  • Knowing there are federal laws protecting us makes me feel safer at work.
  • Reduces my anxiety about potential dangers, especially during night shifts.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 8 5
Year 10 8 6
Year 20 8 5

Armored Car Operations Director (San Francisco, CA)

Age: 52 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 4/20

Statement of Opinion:

  • The enhanced legal framework should improve employee trust and efficiency.
  • Such laws help in recruitment and retaining talent by ensuring worker safety.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 9 8
Year 10 9 8
Year 20 9 8

Cost Estimates

Year 1: $2500000 (Low: $1500000, High: $4000000)

Year 2: $2500000 (Low: $1500000, High: $4000000)

Year 3: $2500000 (Low: $1500000, High: $4000000)

Year 5: $2500000 (Low: $1500000, High: $4000000)

Year 10: $2500000 (Low: $1500000, High: $4000000)

Year 100: $2500000 (Low: $1500000, High: $4000000)

Key Considerations