HI SB531

Creates a new class A felony offense for caregivers who commit financial exploitation of vulnerable adults in Hawaii Revised Statutes Chapter 708, Part IV.

Defines financial exploitation as intentionally or knowingly taking, withholding, misappropriating, or using a vulnerable adult's money, property, or assets without authorization, including through coercion, manipulation, threats, or undue influence.

Requires the total value of money, assets, or property taken or used to exceed $50,000 for the offense to apply.

Defines "caregiver" as any person who has assumed part-time or full-time care, supervision, or physical control of a vulnerable adult or has a legal or contractual duty to care for their health, safety, and welfare.

Becomes effective September 1, 2020, and does not affect rights, duties, penalties, or proceedings that existed before the effective date.