The Senate passed a bill on Tuesday that attempts to address the growing concern of financial abuse targeting vulnerable populations, particularly the elderly.
Senate Bill 848 includes several key provisions designed to empower banks and financial institutions to take proactive measures when they suspect financial exploitation. These tools include the ability to delay transactions and report suspicious activities to the appropriate authorities.
The bill now heads to the House of Delegates for consideration.
The Senate is adjourned until tomorrow, March 2, at 11 a.m.
Afternoon Meetings:
Transportation and Infrastructure at 1:15 p.m. in 451M
Pensions at 2:15 p.m. in 451M
Energy at 2:15 p.m. in 208W
Finance a 3:15 p.m. in 451M
Judiciary at 3:15 p.m. in 208W
Morning Meetings for April 2:
Natural Resources at 9:30 a.m. in 208W