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MA H772
Bill
Status
2/27/2025
Primary Sponsor
Hannah Kane
Click for details
AI Summary
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Establishes a special commission to study and draft policies combating financial abuse of elders in Massachusetts
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Commission membership includes 3 House members, 3 Senate members, 2 elder/estate law attorneys, an elder advocacy representative, 2 Council on Aging representatives, a real estate industry representative, and a financial services representative
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Study areas include economic impact of financial abuse on those over 60, predatory lending practices targeting seniors, exploitative property transfers below market value, and telemarketing/internet fraud schemes
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Commission must file a report with policy recommendations to the Joint Committee on Elder Affairs and Joint Committee on Financial Services by December 31, 2026
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Similar legislation (House No. 632) was filed in the 2023-2024 session
Legislative Description
Establishing a commission to study the financial abuse of elders
Last Action
Accompanied a new draft, see H4749
11/20/2025