VA HB612 | 2016 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 11 2016 - 25% progression, died in committee
Action: 2016-02-16 - Left in Health, Welfare and Institutions
Pending: House Health, Welfare and Institutions Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Letters of diminished financial capacity. Provides a procedure by which adults capable of making informed decisions may execute a revocable letter of diminished financial capacity, defined as a witnessed written document authorizing a financial institution to notify a trusted individual, as defined in the bill, when the declarant is exhibiting signs of diminished financial capacity. The bill provides that declarants may file a letter of diminished financial capacity with the Advance Health Care Directive Registry and the declarant's financial institution and requires financial institutions to keep letters of diminished financial capacity with their customer's financial records.

Tracking Information

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Title

Diminished financial capacity; execution of revocable letter.

Sponsors


History

DateChamberAction
2016-02-16HouseLeft in Health, Welfare and Institutions
2016-01-26HouseSubcommittee recommends laying on the table by voice vote
2016-01-14HouseAssigned HWI sub: Subcommittee #2
2016-01-11HouseReferred to Committee on Health, Welfare and Institutions
2016-01-11HousePrefiled and ordered printed; offered 01/13/16 16101975D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
5412982(n/a)See Bill Text
5412983.01(n/a)See Bill Text
5412985(n/a)See Bill Text
5412994(n/a)See Bill Text
5412995(n/a)See Bill Text

Virginia State Sources


Bill Comments

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