Bill Text: TX HB1156 | 2021-2022 | 87th Legislature | Enrolled


Bill Title: Relating to creating the criminal offense of financial abuse of an elderly individual.

Spectrum: Slight Partisan Bill (Democrat 7-3)

Status: (Passed) 2021-06-09 - Effective on 9/1/21 [HB1156 Detail]

Download: Texas-2021-HB1156-Enrolled.html
 
 
  H.B. No. 1156
 
 
 
 
AN ACT
  relating to creating the criminal offense of financial abuse of an
  elderly individual.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter D, Chapter 32, Penal Code, is amended
  by adding Section 32.55 to read as follows:
         Sec. 32.55.  FINANCIAL ABUSE OF ELDERLY INDIVIDUAL. (a) In
  this section:
               (1)  "Elderly individual" has the meaning assigned by
  Section 22.04.
               (2)  "Financial abuse" means the wrongful taking,
  appropriation, obtaining, retention, or use of, or assisting in the
  wrongful taking, appropriation, obtaining, retention, or use of,
  money or other property of another person by any means, including by
  exerting undue influence. The term includes financial
  exploitation.
               (3)  "Financial exploitation" means the wrongful
  taking, appropriation, obtaining, retention, or use of money or
  other property of another person by a person who has a relationship
  of confidence or trust with the other person. Financial
  exploitation may involve coercion, manipulation, threats,
  intimidation, misrepresentation, or the exerting of undue
  influence. The term includes:
                     (A)  the breach of a fiduciary relationship,
  including the misuse of a durable power of attorney or the abuse of
  guardianship powers, that results in the unauthorized
  appropriation, sale, or transfer of another person's property;
                     (B)  the unauthorized taking of personal assets;
                     (C)  the misappropriation, misuse, or
  unauthorized transfer of another person's money from a personal or
  a joint account; and
                     (D)  the knowing or intentional failure to
  effectively use another person's income and assets for the
  necessities required for the person's support and maintenance.
         (b)  For purposes of Subsection (a)(3), a person has a
  relationship of confidence or trust with another person if the
  person:
               (1)  is a parent, spouse, adult child, or other
  relative by blood or marriage of the other person;
               (2)  is a joint tenant or tenant in common with the
  other person;
               (3)  has a legal or fiduciary relationship with the
  other person;
               (4)  is a financial planner or investment professional
  who provides services to the other person; or
               (5)  is a paid or unpaid caregiver of the other person.
         (c)  A person commits an offense if the person knowingly
  engages in the financial abuse of an elderly individual.
         (d)  An offense under this section is:
               (1)  a Class B misdemeanor if the value of the property
  taken, appropriated, obtained, retained, or used is less than $100;
               (2)  a Class A misdemeanor if the value of the property
  taken, appropriated, obtained, retained, or used is $100 or more
  but less than $750;
               (3)  a state jail felony if the value of the property
  taken, appropriated, obtained, retained, or used is $750 or more
  but less than $2,500;
               (4)  a felony of the third degree if the value of the
  property taken, appropriated, obtained, retained, or used is $2,500
  or more but less than $30,000;
               (5)  a felony of the second degree if the value of the
  property taken, appropriated, obtained, retained, or used is
  $30,000 or more but less than $150,000; and
               (6)  a felony of the first degree if the value of the
  property taken, appropriated, obtained, retained, or used is
  $150,000 or more.
         (e)  A person who is subject to prosecution under both this
  section and another section of this code may be prosecuted under
  either section or both sections.
         SECTION 2.  This Act takes effect September 1, 2021.
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
 
         I certify that H.B. No. 1156 was passed by the House on May
  13, 2021, by the following vote:  Yeas 144, Nays 0, 2 present, not
  voting.
 
  ______________________________
  Chief Clerk of the House   
 
 
         I certify that H.B. No. 1156 was passed by the Senate on May
  22, 2021, by the following vote:  Yeas 30, Nays 0.
 
  ______________________________
  Secretary of the Senate    
  APPROVED:  _____________________
                     Date          
   
            _____________________
                   Governor       
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