Diminished financial capacity; execution of revocable letter. (HB612)
Introduced By
Del. Rob Bell (R-Charlottesville) with support from co-patron Del. Paul Krizek (D-Alexandria)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Letters of diminished financial capacity. Provides a procedure by which adults capable of making informed decisions may execute a revocable letter of diminished financial capacity, defined as a witnessed written document authorizing a financial institution to notify a trusted individual, as defined in the bill, when the declarant is exhibiting signs of diminished financial capacity. The bill provides that declarants may file a letter of diminished financial capacity with the Advance Health Care Directive Registry and the declarant's financial institution and requires financial institutions to keep letters of diminished financial capacity with their customer's financial records. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/11/2016 | Committee |
01/11/2016 | Prefiled and ordered printed; offered 01/13/16 16101975D |
01/11/2016 | Referred to Committee on Health, Welfare and Institutions |
01/14/2016 | Assigned to sub: Subcommittee Subcommittee #2 |
01/14/2016 | Assigned to sub: Subcommittee #2 |
01/14/2016 | Assigned HWI sub: Subcommittee #2 |
01/15/2016 | Impact statement from VDH (HB612) |
01/26/2016 | Subcommittee recommends laying on the table |
02/16/2016 | Left in Health, Welfare and Institutions |