Aged or incapacitated adults; financial exploitation, authority to refuse transactions. (HB1987)

Introduced By

Del. David Toscano (D-Charlottesville) with support from co-patrons Del. Rob Bell (R-Charlottesville), and Del. Steve Landes (R-Weyers Cave)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Financial exploitation of aged or incapacitated adults; authority to refuse transactions or disbursements. Allows financial institution staff, pursuant to an internal policy, to refuse to execute a transaction, delay a transaction, or refuse to disburse funds if the financial institution staff (i) believes in good faith that the transaction or disbursement may involve, facilitate, result in, or contribute to the financial exploitation of an adult or (ii) has actual knowledge that a report was made by any person to the local department of social services or adult protective services hotline stating a good faith belief that the transaction or disbursement may involve, facilitate, result in, or contribute to the financial exploitation of an adult. The measure authorizes financial institution staff, upon request and to the extent permitted by state and federal law, to report any information or records relevant to the report or investigation. The measure provides that a financial institution and its staff are immune from civil or criminal liability for refusing to execute a transaction, delaying a transaction, refusing to disburse funds, or making a report to the local department of social services or the adult protective services hotline in good faith. Amends § 63.2-1606, of the Code of Virginia. Read the Bill »

Status

03/09/2019: Passed the General Assembly

History

DateAction
01/07/2019Committee
01/07/2019Prefiled and ordered printed; offered 01/09/19 19102607D
01/07/2019Referred to Committee on Commerce and Labor
01/10/2019Assigned C & L sub: Subcommittee #2
01/11/2019Impact statement from DPB (HB1987)
01/15/2019House subcommittee amendments and substitutes offered
01/15/2019Subcommittee recommends reporting with substitute (8-Y 0-N)
01/17/2019Reported from Commerce and Labor with substitute (22-Y 0-N) (see vote tally)
01/17/2019Committee substitute printed 19104608D-H1
01/21/2019Read first time
01/22/2019Read second time
01/22/2019Committee substitute agreed to 19104608D-H1
01/22/2019Engrossed by House - committee substitute HB1987H1
01/23/2019Read third time and passed House BLOCK VOTE (96-Y 0-N)
01/23/2019VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (see vote tally)
01/24/2019Constitutional reading dispensed
01/24/2019Referred to Committee on Commerce and Labor
01/24/2019Impact statement from DPB (HB1987H1)
02/11/2019Rereferred from Commerce and Labor (15-Y 0-N) (see vote tally)
02/11/2019Rereferred to Rehabilitation and Social Services
02/15/2019Reported from Rehabilitation and Social Services with substitute (15-Y 0-N) (see vote tally)
02/15/2019Committee substitute printed 19106848D-S1
02/18/2019Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/19/2019Read third time
02/19/2019Reading of substitute waived
02/19/2019Committee substitute agreed to 19106848D-S1
02/19/2019Engrossed by Senate - committee substitute HB1987S1
02/19/2019Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/20/2019Impact statement from DPB (HB1987S1)
02/20/2019Senate substitute rejected by House 19106848D-S1 (0-Y 99-N)
02/20/2019VOTE: REJECTED (0-Y 99-N) (see vote tally)
02/21/2019Senators: Stanley, Cosgrove, Saslaw
02/21/2019Senate insisted on substitute (40-Y 0-N) (see vote tally)
02/21/2019Senate requested conference committee
02/21/2019House acceded to request
02/21/2019Conferees appointed by House
02/21/2019Delegates: Toscano, Ware, Hugo
02/21/2019Conferees appointed by Senate
02/21/2019Senators: Obenshain, McDougle, Spruill
02/22/2019Conferees reappointed by Senate
02/22/2019Senators: Obenshain, McDougle, Spruill
02/22/2019Conference report agreed to by Senate (40-Y 0-N) (see vote tally)
02/22/2019C Amended by conference committee
02/22/2019Conference substitute printed 19107620D-H2
02/22/2019Conference report agreed to by House (97-Y 1-N)
02/22/2019VOTE: ADOPTION (97-Y 1-N) (see vote tally)
02/26/2019Impact statement from DPB (HB1987H2)
03/07/2019Enrolled
03/07/2019Bill text as passed House and Senate (HB1987ER)
03/07/2019Impact statement from DPB (HB1987ER)
03/07/2019Signed by Speaker
03/09/2019Signed by President
03/11/2019Enrolled Bill communicated to Governor on March 11, 2019
03/11/2019G Governor's Action Deadline Midnight, March 26, 2019
03/18/2019G Approved by Governor-Chapter 420 (effective 7/1/19)
03/18/2019G Acts of Assembly Chapter text (CHAP0420)

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