DC B23-0186 | 2019-2020 | 23rd Council

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 5 2019 - 25% progression
Action: 2019-03-19 - Referred to Committee on Business and Economic Development
Pending: Council Business and Economic Development Committee
Text: Latest bill text (Introduced) [PDF]

Summary

As introduced it establishes mandatory reporting of suspected instances of financial exploitation of seniors and vulnerable adults applicable to banks, credit unions, and other depository and non-depository institutions, insurers, broker dealers and investment advisors. Among other things it makes regulated entities eligible for immunity from civil and administrative liability for reporting, disclosure, and disbursement delays.

Tracking Information

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Title

Protection Of Seniors And Vulnerable Adults From Financial Exploitation Act Of 2019

Sponsors


History

DateChamberAction
2019-03-19CouncilReferred to Committee on Business and Economic Development
2019-03-15CouncilNotice of Intent to Act on B23-0186 Published in the DC Register
2019-03-05CouncilIntroduced in Office of the Secretary

Washington D.C. State Sources


Bill Comments

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