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NY S00262
Bill
Status
6/14/2016
Primary Sponsor
Ruben Diaz
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AI Summary
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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.
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Establishes voluntary education and training program targeting financial institutions, certified public accountants, tax preparers, and attorneys licensed in New York.
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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.
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Requires program to include educational materials, public service announcements, media campaigns, workshops, and instructions for reporting suspected financial exploitation of elderly persons.
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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