Bill

Bill > H744


MA H744

Establishing a commission to study the financial abuse of elders


summary

Introduced
03/29/2021
In Committee
01/20/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to establish a special commission (including members of the General Court) to study the financial abuse of elders. Elder Affairs.

AI Summary

This bill establishes a special commission to study the financial abuse of elders in the Commonwealth of Massachusetts. The commission will include members of the state legislature, attorneys who specialize in elder and estate law, representatives from elder advocacy groups and Councils on Aging, and representatives from the real estate and financial services industries. The commission will specifically study the economic impact of financial abuse on elders over 60, lending and refinancing practices that target elderly customers, exploitative property transfers, and other forms of financial abuse. The commission will then provide policy recommendations to prevent or better protect elders from financial abuse, and submit their report to the legislature by December 31, 2021.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (22)

Last Action

No further action taken (on 01/03/2023)

bill text


bill summary

Loading...

bill summary

Loading...

bill summary

Loading...