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2017 Regular Session
Overview
At the request of: (at the request of House Interim Committee on Judiciary)
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to abuse prevention; and declaring an emergency.
Catchline/Summary: Authorizes financial institution to refuse certain financial transactions when financial institution reasonably believes financial exploitation of vulnerable person may have occurred, may have been attempted or is being attempted.
Requires financial institution to provide notice of action or refusal to act to parties authorized to transact business on account of vulnerable person. Provides that authority of financial institution is in addition to and not in lieu of right of financial institution under deposit or other contract with customer. Becomes operative October 1, 2017. Declares emergency, effective on passage.
Chapter Number: Chapter 290
Fiscal Impact: No Fiscal Impact
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: Chapter Number Assigned
Current Committee:
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events