Bill Text: IA SF2327 | 2013-2014 | 85th General Assembly | Introduced
Bill Title: A bill for an act relating to consumer fraud perpetrated upon an older person, and providing a penalty.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-02-26 - Subcommittee, Hogg, Courtney, and Schneider. S.J. 411. [SF2327 Detail]
Download: Iowa-2013-SF2327-Introduced.html
Senate
File
2327
-
Introduced
SENATE
FILE
2327
BY
SMITH
A
BILL
FOR
An
Act
relating
to
consumer
fraud
perpetrated
upon
an
older
1
person,
and
providing
a
penalty.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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S.F.
2327
Section
1.
Section
714.16A,
subsection
1,
paragraph
a,
Code
1
2014,
is
amended
to
read
as
follows:
2
a.
If
a
person
violates
section
714.16
,
and
the
violation
is
3
committed
against
an
older
person,
in
an
action
brought
by
the
4
attorney
general,
in
addition
to
any
other
civil
penalty,
the
5
court
may
impose
an
additional
civil
penalty
not
to
exceed
five
6
ten
thousand
dollars
for
each
such
violation.
Additionally,
7
the
attorney
general
may
accept
a
civil
penalty
as
determined
8
by
the
attorney
general
in
settlement
of
an
investigation
of
a
9
violation
of
section
714.16
,
regardless
of
whether
an
action
10
has
been
filed
pursuant
to
section
714.16
.
11
EXPLANATION
12
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
13
the
explanation’s
substance
by
the
members
of
the
general
assembly.
14
This
bill
relates
to
consumer
fraud
perpetrated
upon
an
15
older
person.
16
Under
the
bill,
if
a
person
commits
a
violation
of
Code
17
section
714.16
(consumer
fraud),
in
addition
to
any
other
civil
18
penalty
imposed,
the
court
may
impose
a
civil
penalty
not
to
19
exceed
$10,000
if
the
victim
of
the
consumer
fraud
is
65
years
20
of
age
or
older.
21
A
civil
penalty
imposed
by
a
court
pursuant
to
the
bill
22
is
deposited
in
the
elderly
victim
fund
established
in
Code
23
section
714.16A,
a
separate
fund
created
in
the
state
treasury
24
and
administered
by
the
attorney
general
for
the
investigation
25
and
prosecution
of
frauds
against
the
elderly.
26
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