ID H0404

Establishes financial exploitation of an elder as a distinct crime, with penalties as a misdemeanor or felony depending on monetary damage exceeding $1,000.

Defines "financial exploitation" as unauthorized taking, withholding, misappropriation, or use of an elder's money or property through coercion, manipulation, threats, intimidation, misrepresentation, or undue influence.

Adds definition of "caregiver" as any person with temporary or permanent care, custody, or supervision of an elder, or with legal or contractual duty to care for an elder's health, safety, and welfare.

Defines "elder" as a person 60 years of age or older.

Provides immunity for employers and supervisors from prosecution unless there is direct evidence they violated the statute.