Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to aging |
May 21, 2013 |
reported and committed to finance |
Jan 14, 2013 |
referred to aging |
Senate Bill S2171
2013-2014 Legislative Session
Sponsored By
(D, IP) Senate District
Archive: Last Bill Status - In Senate Committee Aging Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2013-S2171 (ACTIVE) - Details
- Current Committee:
- Senate Aging
- Law Section:
- Elder Law
- Laws Affected:
- Amd ยง219, Eld L
- Versions Introduced in 2011-2012 Legislative Session:
-
S6051
2013-S2171 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2171 TITLE OF BILL: An act to amend the elder law, in relation to the elder- ly abuse education and outreach program PURPOSE: To ensure that the existing elderly abuse education and outreach program within the state Office for the Aging includes educa- tion and outreach devoted to the prevention of financial exploitation. SUMMARY OF PROVISIONS: Section 1 amends the elder law by adding a definition of "financial institution and the definition of "financial exploitation currently defined in the social services law. In addition, this section requires the director to include within the program a financial outreach, educa- tion, and training program for CPAs, attorneys, tax preparers, and financial institutions, so that such entities can spot and possibly Prevent instances of financial exploitation against the elderly. JUSTIFICATION: Financial exploitation and abuse among older adults is a serious and growing problem. While anyone can become a victim of finan- cial exploitation, older adults are especially vulnerable. Nationwide, it is estimated that $40 billion is lost annually through scams, theft and stolen property. unfortunately, age and disability often require that relatives, friends and others are solicited to help manage finances and thus are given easy access to their assets. Perceptions of physical
2013-S2171 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2171 2013-2014 Regular Sessions I N S E N A T E January 14, 2013 ___________ Introduced by Sen. VALESKY -- read twice and ordered printed, and when printed to be committed to the Committee on Aging AN ACT to amend the elder law, in relation to the elderly abuse educa- tion and outreach program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 1 and 2 of section 219 of the elder law are amended to read as follows: 1. Definitions. For the purposes of this section, (A) the terms "designated agency" and "elderly person" shall have the same meaning as ascribed to them in section two hundred fourteen of this title; (B) THE TERM "FINANCIAL INSTITUTION" SHALL MEAN ANY OF THE FOLLOWING: (1) A DEPOSITORY INSTITUTION, AS DEFINED IN SECTION 3(C) OF THE FEDER- AL DEPOSIT INSURANCE ACT (12 U.S.C. SEC. 1813(C)); (2) AN INSTITUTION-AFFILIATED PARTY, AS DEFINED IN SECTION 3(U) OF THE FEDERAL DEPOSIT INSURANCE ACT (12 U.S.C. SEC. 1813(U)); (3) A FEDERAL CREDIT UNION OR STATE CREDIT UNION, AS DEFINED IN SECTION 101 OF THE FEDERAL CREDIT UNION ACT (12 U.S.C. SEC. 1752), INCLUDING, BUT NOT LIMITED TO, AN INSTITUTION-AFFILIATED PARTY OF A CREDIT UNION, AS DEFINED IN SECTION 206(R) OF THE FEDERAL CREDIT UNION ACT (12 U.S.C. SEC. 1752(R)); AND (C) THE TERM "FINANCIAL EXPLOITATION" SHALL MEAN THE IMPROPER USE OF AN ELDERLY PERSON'S FUNDS, PROPERTY, OR RESOURCES BY ANOTHER INDIVIDUAL, INCLUDING BUT NOT LIMITED TO, FRAUD, FALSE PRETENSES, EMBEZZLEMENT, CONSPIRACY, FORGERY, FALSIFYING RECORDS, COERCED PROPERTY TRANSFERS OR DENIAL OF ACCESS TO ASSETS. 2. The director, within the amounts appropriated therefor, shall, in conjunction with the office of children and family services, establish an elderly abuse education and outreach program HEREINAFTER REFERRED TO IN THIS SECTION AS THE "PROGRAM," for the purpose of providing education and outreach to the general public, including elderly persons and their EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04740-01-3
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