DE HB17 | 2015-2016 | 148th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 3-0)
Status: Passed on June 4 2015 - 100% progression
Action: 2015-06-04 - Signed by Governor
Text: Latest bill text (Draft #1) [HTML]

Summary

Chapter 438, Volume 79 of the Laws of Delaware (House Bill 417 from the 147th General Assembly) provides a mechanism for financial institutions to freeze transactions that they suspect are financial exploitation of an elderly person and requires them to report suspected financial exploitation to the proper state or federal agency. Chapter 438, Volume 79 of the Laws of Delaware defined “financial institution” for the first time in Chapter 39 of Title 31. When introduced, House Bill 417 included “broker-dealer”, “investment adviser”, and “federal covered adviser” within the definition of “financial institution”; however, these terms were removed by an amendment due to concerns expressed by some of these entities. This Act restores “broker-dealer”, “investment adviser”, and “federal covered adviser” to the definition of “financial institution” following successful discussions with these entities regarding the intent and scope of Chapter 438, Volume 79 of the Laws of Delaware. The changes on lines 6 to 7 and line 10 are made to correct punctuation, in keeping with the Delaware Legislative Drafting Manual.

Tracking Information

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Title

An Act To Amend Title 31 Of The Delaware Code Relating To Adult Protective Services.

Sponsors


Roll Calls

2015-03-26 - Senate - Senate Third Reading (Y: 18 N: 0 NV: 0 Abs: 3) [PASS]
2015-01-27 - House - House Third Reading (Y: 38 N: 0 NV: 2 Abs: 1) [PASS]

History

DateChamberAction
2015-06-04HouseSigned by Governor
2015-03-26SenatePassed by Senate. Votes: Passed 18 YES 0 NO 0 NOT VOTING 3 ABSENT 0 VACANT
2015-03-25SenateReported Out of Committee (HEALTH & SOCIAL SERVICES) in Senate with 5 On Its Merits
2015-01-27SenateAssigned to Health & Social Services Committee in Senate
2015-01-27HousePassed by House of Representatives. Votes: Passed 38 YES 0 NO 2 NOT VOTING 1 ABSENT 0 VACANT
2015-01-21HouseReported Out of Committee (HEALTH & HUMAN DEVELOPMENT) in House with 1 Favorable, 8 On Its Merits
2015-01-07HouseIntroduced and Assigned to Health & Human Development Committee in House

Delaware State Sources


Bill Comments

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