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MD HB604

MD HB604
Criminal Law - Financial Exploitation of Vulnerable and Senior Adults


summary

Introduced
01/23/2025
In Committee
03/31/2025
Crossed Over
03/06/2025
Passed
Dead
04/08/2025

Introduced Session

Potential new amendment
2025 Regular Session

Bill Summary

Prohibiting a person who is a caregiver to or a family member or household member of an individual from knowingly and willfully obtaining the property of the individual with the intent to deprive the individual of the individual's property if the individual is a vulnerable adult or an individual of at least 68 years of age and the person knows or reasonably should know the individual is a vulnerable adult of at least 68 years of age; and providing certain penalties for a violation of the Act.

AI Summary

This bill strengthens legal protections against financial exploitation of vulnerable and senior adults by creating a comprehensive criminal offense that prohibits obtaining property from vulnerable adults or individuals 68 years or older through deception, intimidation, or undue influence. The bill specifically targets caregivers, family members, and household members who knowingly and willfully obtain property from vulnerable individuals with the intent to deprive them of that property. The penalties are graduated based on the value of the property stolen, ranging from misdemeanors for theft under $1,500 to felonies for theft of $100,000 or more, with potential imprisonment of up to 20 years and fines up to $25,000. Additionally, if a person is convicted of such theft, they can be disqualified from inheriting from or benefiting from the victim's estate to the extent of the property they failed to restore. The bill also classifies such actions as unfair, abusive, or deceptive trade practices, making them subject to additional enforcement and penalty provisions under Maryland's Consumer Protection Act. The legislation aims to provide legal recourse and protection for vulnerable populations who are at higher risk of financial exploitation by those closest to them.

Committee Categories

Justice

Sponsors (7)

Last Action

Third Reading Passed (45-0) (on 04/03/2025)

bill text


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