Bill Text: IL HB3752 | 2015-2016 | 99th General Assembly | Introduced

---

Bill Title: Creates the Financial Institutions Elder Abuse Reporting Act. Provides that a financial institution shall make an abuse report if an employee of the financial institution (i) has direct contact with an elder adult or reviews or approves an elder adult's financial documents, records, or transactions in connection with financial services provided by the financial institution to or for the elder adult, and (ii) observes or obtains knowledge of behavior, unusual circumstances, or transactions that leads the employee to know or have reasonable cause to suspect that the elder adult is the victim of financial abuse. Provides that an abuse report made under the Act is confidential. Provides that a financial institution shall establish and implement a training program to (i) assist employees in recognizing signs of potential financial abuse of an elder adult and (ii) inform employees about the requirement to file abuse reports provided by the Act. Provides for civil penalties for failure to file an abuse report.

Spectrum: Moderate Partisan Bill (Democrat 7-1)

Status: (Introduced - Dead) 2016-04-13 - Added Co-Sponsor Rep. Martin J. Moylan [HB3752 Detail]

Download: Illinois-2015-HB3752-Introduced.html

---

99TH GENERAL ASSEMBLY State of Illinois 2015 and 2016 HB3752 Introduced , by Rep. Christine Winger SYNOPSIS AS INTRODUCED:
New Act
Creates the Financial Institutions Elder Abuse Reporting Act. Provides that a financial institution shall make an abuse report if an employee of the financial institution (i) has direct contact with an elder adult or reviews or approves an elder adult's financial documents, records, or transactions in connection with financial services provided by the financial institution to or for the elder adult, and (ii) observes or obtains knowledge of behavior, unusual circumstances, or transactions that leads the employee to know or have reasonable cause to suspect that the elder adult is the victim of financial abuse. Provides that an abuse report made under the Act is confidential. Provides that a financial institution shall establish and implement a training program to (i) assist employees in recognizing signs of potential financial abuse of an elder adult and (ii) inform employees about the requirement to file abuse reports provided by the Act. Provides for civil penalties for failure to file an abuse report.
LRB099 07299 MGM 27406 b
CORRECTIONAL BUDGET AND IMPACT NOTE ACT MAY APPLY FISCAL NOTE ACT MAY APPLY
A BILL FOR
HB3752 LRB099 07299 MGM 27406 b
AN ACT concerning regulation.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 1. Short title. This Act may be cited as the
Financial Institutions Elder Abuse Reporting Act.
Section 5. Definitions. As used in this Act:
"Abuse report" means the report required under Section 10.
"Elder adult" means an individual who is believed to be at
least 65 years old and residing in the State.
"Financial abuse" means to take, appropriate, obtain, or
retain, or assist in taking, appropriating, obtaining, or
retaining, real or personal property of an elder adult by any
means, including undue influence, for a wrongful purpose or
with intent to defraud the elder adult.
"Financial institution" means a bank, as defined in the
Illinois Banking Act, a savings and loan association, as
defined in the Illinois Savings and Loan Act of 1985, a savings
bank, as defined in the Savings Bank Act, or a credit union, as
defined in the Illinois Credit Union Act.
Section 10. Abuse report.
(a) A financial institution shall make an abuse report as
provided in this Section if an employee of the financial

HB3752 - 2 - LRB099 07299 MGM 27406 b
institution, while acting within the scope of the employee's
employment:
(1) has direct contact with an elder adult or reviews
or approves an elder adult's financial documents, records,
or transactions in connection with financial services
provided by the financial institution to or for the elder
adult; and
(2) observes or obtains knowledge of behavior, unusual
circumstances, or transactions that leads the employee to
know or have reasonable cause to suspect that the elder
adult is the victim of financial abuse.
(b) The abuse report required under subsection (a) of this
Section shall be made to the local law enforcement agency, a
State's attorney, the Department on Aging, or an agency
designated to receive such reports under the Elder Abuse and
Neglect Act:
(1) by telephone notification within 24 hours after the
employee knows or has reasonable cause to suspect that the
elder adult is the victim of financial abuse; and
(2) in writing sent within 3 business days after the
employee knows or has reasonable cause to suspect that the
elder adult is the victim of financial abuse.
(c) A financial institution is not required to:
(1) investigate an allegation by an elder adult that
financial abuse of the elder adult has occurred; or
(2) make an abuse report under this Section if the same

HB3752 - 3 - LRB099 07299 MGM 27406 b
matter already has been reported as required under this
Section.
Section 15. Confidentiality and disclosure.
(a) Except as provided in subsection (b) of this Section,
an abuse report made under Section 10 is confidential and the
information contained in the abuse report may be disclosed
only:
(1) in connection with an investigation of the
suspected financial abuse, to:
(A) the Department on Aging;
(B) an agency designated to receive such reports
under the Elder Abuse and Neglect Act;
(C) a law enforcement agency; and
(D) the office of the Attorney General or of a
State's attorney; or
(2) as authorized by the elder adult or the legal
guardian of the elder adult.
(b) Subsection (a) of this Section may not be construed to:
(1) allow the disclosure of an abuse report made under
Section 10 or a record relevant to the abuse report if the
disclosure would be prohibited by any other provision of
State or federal law; or
(2) prohibit the disclosure by a financial institution
or an officer, employee, agent, or director of a financial
institution of an abuse report made under Section 10 or a

HB3752 - 4 - LRB099 07299 MGM 27406 b
record relevant to the abuse report if the disclosure would
be required by another State law, federal law, or court
order.
(c) A financial institution or an officer, employee, agent,
or director of a financial institution may not decline to
provide information requested by a person identified in
paragraph (1) of subsection (a) of this Section in connection
with an investigation of suspected financial abuse.
(d) This Section does not prohibit or limit the disclosure
of financial records otherwise permitted under this Act.
Section 20. Training program. A financial institution
shall establish and implement a training program to:
(1) assist employees in recognizing signs of potential
financial abuse of an elder adult, including, but not
limited to, unusual activity in an elder adult's deposit
accounts, automated teller machine (ATM) withdrawals by an
elder adult who previously never used an ATM or debit card,
and suspicious signatures on checks; and
(2) inform employees about the requirement to file
abuse reports as provided under Section 10.
Section 25. Penalties.
(a) A financial institution that fails to file an abuse
report concerning an elder adult as required under Section 10
of this Act is subject to:

HB3752 - 5 - LRB099 07299 MGM 27406 b
(1) a civil penalty not exceeding $1,000; or
(2) if the failure to report is willful, a civil
penalty not exceeding $5,000.
(b) The civil penalties provided under subsection (a) of
this Section:
(1) may be recovered only in a civil action brought by
the Attorney General against the financial institution;
and
(2) shall be paid by the financial institution.
(c) A person who discloses information contained in an
abuse report in violation of Section 15 is guilty of a
misdemeanor and, on conviction, is subject to a fine not
exceeding $500.