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TN SB0756

TN SB0756
AN ACT to amend Tennessee Code Annotated, Title 8; Title 38; Title 39; Title 45; Title 68 and Title 71, relative to abuse of elders and vulnerable adults.


summary

Introduced
01/30/2023
In Committee
Crossed Over
Passed
05/28/2024
Dead
Signed/Enacted/Adopted
05/28/2024

Introduced Session

113th General Assembly

Bill Summary

As enacted, authorizes a financial service provider, or an officer or employee of the provider, that has reasonable cause to suspect that an elderly or vulnerable adult is the victim or target of financial exploitation, to convey the suspicion to the TBI's elder financial reporting mechanism; requires the TBI to create an elder financial exploitation reporting mechanism that accepts reports from financial institutions. - Amends TCA Title 8; Title 38; Title 39; Title 45; Title 68 and Title 71.

AI Summary

This bill authorizes financial service providers to report suspected financial exploitation of elderly or vulnerable adults to the Tennessee Bureau of Investigation's (TBI) elder financial reporting mechanism. The TBI is required to create this reporting mechanism by October 1, 2024, and to coordinate with district attorneys, law enforcement, and adult protective services to investigate the reported exploitation. The bill also allows financial institutions to provide relevant records to the TBI to aid in the investigation of suspected financial exploitation.

Committee Categories

Budget and Finance, Justice

Sponsors (8)

Last Action

Comp. became Pub. Ch. 972 (on 05/28/2024)

bill text


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