H.B. 2220 Summary

• Creates new offense of financial exploitation of an elder in Hawaii Revised Statutes Chapter 708, with penalties ranging from misdemeanor (value ≤$750) to Class A felony (value ≥$10,000)

• Establishes mandatory minimum prison sentences for crimes against elders, including 1 year 8 months for Class C felony convictions of financial exploitation of an elder

• Requires financial institutions to report suspected financial abuse of elders directly to county police departments, with option to also report to Department of Human Services

• Amends mandatory reporting statute (HRS §412:3-114.5) to require Department of Human Services to share financial abuse case information with law enforcement and prosecuting attorneys upon request

• Provides civil and criminal immunity for financial institution employees and others reporting suspected financial abuse in good faith; effective December 31, 2059