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NY S00262

Bill

Status

Engrossed

6/14/2016

Primary Sponsor

Ruben Diaz

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Origin

Senate

2015-2016 General Assembly

AI Summary

  • Adds financial exploitation outreach, education and training program authority to the Office for the Aging in conjunction with the Office of Children and Family Services and Department of Financial Services.

  • Establishes voluntary education and training program targeting financial institutions, certified public accountants, tax preparers, and attorneys licensed in New York.

  • Authorizes the director to award grants to qualified designated agencies to establish local elderly exploitation outreach and education programs that coordinate with banking, human services, law enforcement, and public agencies.

  • Requires program to include educational materials, public service announcements, media campaigns, workshops, and instructions for reporting suspected financial exploitation of elderly persons.

  • Creates a special revenue fund (Financial Exploitation, Outreach, Education and Training Fund) under joint custody of the Comptroller and Superintendent of Financial Services to support program operations.

Legislative Description

Provides for a financial exploitation prevention outreach, education and training program and fund; authorizes the director of the office of the aging to award grants to qualified agencies to establish local elderly exploitation, outreach, education and training programs; outlines elements of such program.

Last Action

referred to aging

6/14/2016

Committee Referrals

Aging6/14/2016
Rules6/7/2016
Aging1/7/2015

Full Bill Text

No bill text available