VirginiaHB3732025 Regular SessionHouse

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

Sponsored By: Michael B. Feggans (Democratic)

Failed

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.

Labor and Commerce

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Michael B. Feggans

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 0 • No: 0

House vote • 2/1/2024

Continued to 2025 in Labor and Commerce (Voice Vote)

Yes: 0 • No: 0

House vote • 1/30/2024

Subcommittee recommends continuing to 2025 (Voice Vote)

Yes: 0 • No: 0

Actions Timeline

  1. Left in Labor and Commerce

    11/18/2024House
  2. Continued to 2025 in Labor and Commerce (Voice Vote)

    2/1/2024House
  3. Subcommittee recommends continuing to 2025 (Voice Vote)

    1/30/2024House
  4. Impact statement from SCC (HB373)

    1/15/2024House
  5. Assigned L & C sub: Subcommittee #1

    1/15/2024House
  6. Referred to Committee on Labor and Commerce

    1/6/2024House
  7. Prefiled and ordered printed; offered 01/10/24 24101336D

    1/6/2024House

Bill Text

  • Introduced

    3/19/2024

Related Bills

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