VA HB373 | 2025 | Regular Session

Note: Carry Over of previous HB373

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 6 2024 - 25% progression
Action: 2024-02-01 - Continued to 2025 in Labor and Commerce by voice vote
Pending: House Labor and Commerce Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Financial institutions; reporting financial exploitation of elderly or vulnerable adults. Permits a financial institution, as defined in the bill, to allow an elderly or vulnerable adult, as defined in the bill, to submit and periodically update a list of trusted persons whom such financial institution or financial institution staff, as defined in the bill, may contact in the case of suspected financial exploitation of such adult. In such a case, the bill also allows a financial institution or financial institution staff to convey such suspicion to one or more certain individuals, provided that the recipient of such conveyance is not the suspected perpetrator of financial exploitation. The bill provides that a financial institution or financial institution staff shall be immune from any criminal, civil, or administrative liability for any act taken or omission made in accordance with the bill's provisions.

Tracking Information

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Title

Financial institutions; reporting financial exploitation of elderly or vulnerable adults.

Sponsors


History

DateChamberAction
2024-02-01HouseContinued to 2025 in Labor and Commerce by voice vote
2024-01-30HouseSubcommittee recommends continuing to 2025 by voice vote
2024-01-15HouseAssigned L & C sub: Subcommittee #1
2024-01-06HouseReferred to Committee on Labor and Commerce
2024-01-06HousePrefiled and ordered printed; offered 01/10/24 24101336D

Same As/Similar To

HB373 (Carry Over) 2024-02-01 - Continued to 2025 in Labor and Commerce by voice vote

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
62103.2(n/a)See Bill Text

Virginia State Sources


Bill Comments

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