Fabio
11 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bill | Vulnerable Adult Financial Exploitation Banking | The act creates the 'Adults' Security and Safeguards from Exploitation in Transactions Act' or the 'ASSET Act'. The act requires or authorizes a qualified individual at a bank or credit union (financial institution) to do the following when the individual reasonably and in good faith suspects that a vulnerable adult is the victim of financial exploitation:The qualified individual must notify appropriate local law enforcement or the county agency handling adult protective services; andThe qualified individual may notify a third party previously designated by or reasonably associated with the vulnerable adult. A financial institution or qualified individual may delay a disbursement from an account if the financial institution or qualified individual:Reasonably believes that the vulnerable adult is subject to financial exploitation;Provides written notification of the delay and the reason for the delay to all parties authorized to transact business on the account within 2 business days after the requested disbursement; except that a party who is reasonably believed to have engaged in financial exploitation of the vulnerable adult need not be notified; andContinues its internal review of the suspected or attempted financial exploitation. The delay may continue until:The financial institution or qualified individual reasonably believes that the vulnerable adult is not subject to financial exploitation;Local law enforcement or the county agency handling adult protective services concludes its investigation; orA court orders that the delay be removed. A financial institution or qualified individual must make a determination within 90 days after beginning the delay of a disbursement or, if waiting on the investigation of local law enforcement or a county agency handling adult protective services, within 180 days. The disbursement must be made or refused based on the conclusions of the investigation or the expiration of the time. A financial institution and qualified individual are immune from liability arising from the actions or from failing to take the actions authorized in the act if the act or failure to act was made in good faith and exercising reasonable care. A financial institution must provide access to or copies of records that are relevant to the suspected or attempted financial exploitation of an vulnerable adult to agencies charged with administering state adult protective services laws and to law enforcement. The records made available to agencies are not public records, as defined in the 'Colorado Open Records Act'.(Note: This summary applies to this bill as enacted.) | us/states/co | Colorado General Assembly | 2026A | HB 1110 | Colorado HB 1110 (2026A) |
|
|
enacted |
|
7 | 15 | 9 | 2026-02-03 | 2026-05-26 | openstates | ocd-bill/2c8bb0f3-5b55-4a93-ad8e-467bcd4f0236 | https://leg.colorado.gov/bills/HB26-1110 | c81cfd624c19dcc496b7bc0fa8032e534e24064b0e2fe1f47435cc857867d6d3 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
|
Colorado HB 1110 (2026A) — Vulnerable Adult Financial Exploitation Banking
The act creates the 'Adults' Security and Safeguards from Exploitation in Transactions Act' or the 'ASSET Act'. The act requires or authorizes a qualified individual at a bank or credit union (financial institution) to do the following when the individual reasonably and in good faith suspects that a vulnerable adult is the victim of financial exploitation:The qualified individual must notify appropriate local law enforcement or the county agency handling adult protective services; andThe qualified individual may notify a third party previously designated by or reasonably associated with the vulnerable adult. A financial institution or qualified individual may delay a disbursement from an account if the financial institution or qualified individual:Reasonably believes that the vulnerable adult is subject to financial exploitation;Provides written notification of the delay and the reason for the delay to all parties authorized to transact business on the account within 2 business days after the requested disbursement; except that a party who is reasonably believed to have engaged in financial exploitation of the vulnerable adult need not be notified; andContinues its internal review of the suspected or attempted financial exploitation. The delay may continue until:The financial institution or qualified individual reasonably believes that the vulnerable adult is not subject to financial exploitation;Local law enforcement or the county agency handling adult protective services concludes its investigation; orA court orders that the delay be removed. A financial institution or qualified individual must make a determination within 90 days after beginning the delay of a disbursement or, if waiting on the investigation of local law enforcement or a county agency handling adult protective services, within 180 days. The disbursement must be made or refused based on the conclusions of the investigation or the expiration of the time. A financial institution and qualified individual are immune from liability arising from the actions or from failing to take the actions authorized in the act if the act or failure to act was made in good faith and exercising reasonable care. A financial institution must provide access to or copies of records that are relevant to the suspected or attempted financial exploitation of an vulnerable adult to agencies charged with administering state adult protective services laws and to law enforcement. The records made available to agencies are not public records, as defined in the 'Colorado Open Records Act'.(Note: This summary applies to this bill as enacted.)
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Introduced (filed) — source
- Engrossed (committee substitute) — source
- Final Act (committee substitute) — source
- Reengrossed (committee substitute) — source
- Rerevised (committee substitute) — source
- Revised (committee substitute) — source
- Signed Act (committee substitute) — source
Votes
- REPASS — pass (pass) · upper
- BILL — pass (pass) · lower
- CONCUR — pass (pass) · upper
- Refer House Bill 26-1110, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. — pass (pass) · upper
- Adopt amendment L.002 — pass (pass) · lower
- Refer House Bill 26-1110, as amended, to the Committee of the Whole. — pass (pass) · lower
- REREFER (2nd) — fail (fail) · lower
- Adopt amendment L.022 — pass (pass) · upper
- AMD (H.001) — fail (fail) · lower
Sponsors
- C. Simpson — primary (person)
- J. Danielson — primary (person)
- J. Jackson — primary (person)
- M. Catlin — primary (person)
- S. Camacho — primary (person)
- A. Boesenecker — cosponsor (person)
- A. Flanell — cosponsor (person)
- A. Paschal — cosponsor (person)
- B. Marshall — cosponsor (person)
- C. Clifford — cosponsor (person)
- C. Espenoza — cosponsor (person)
- C. Kipp — cosponsor (person)
- C. Kolker — cosponsor (person)
- E. Hamrick — cosponsor (person)
- E. Sirota — cosponsor (person)
- I. Jodeh — cosponsor (person)
- J. Bridges — cosponsor (person)
- J. Caldwell — cosponsor (person)
- J. Carson — cosponsor (person)
- J. Coleman — cosponsor (person)
- J. Joseph — cosponsor (person)
- J. Mabrey — cosponsor (person)
- J. Marchman — cosponsor (person)
- J. McCluskie — cosponsor (person)
- K. Brown — cosponsor (person)
- K. McCormick — cosponsor (person)
- K. Nguyen — cosponsor (person)
- K. Stewart — cosponsor (person)
- K. Wallace — cosponsor (person)
- L. Cutter — cosponsor (person)
- L. Smith — cosponsor (person)
- M. Ball — cosponsor (person)
- M. Duran — cosponsor (person)
- M. Froelich — cosponsor (person)
- M. Rutinel — cosponsor (person)
- M. Snyder — cosponsor (person)
- N. Hinrichsen — cosponsor (person)
- N. Ricks — cosponsor (person)
- R. Gonzalez — cosponsor (person)
- R. Rodriguez — cosponsor (person)
- R. Stewart — cosponsor (person)
- S. Lieder — cosponsor (person)
- T. Exum — cosponsor (person)
- T. Story — cosponsor (person)
- T. Sullivan — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2026-05-26 Governor Signed
executive-signature - 2026-05-20 Sent to the Governor
executive-receipt - 2026-05-20 Signed by the President of the Senate
passage - 2026-05-20 Signed by the Speaker of the House
passage - 2026-04-21 House Considered Senate Amendments - Result was to Concur - Repass
- 2026-04-20 Senate Third Reading Passed - No Amendments
passage, reading-3 - 2026-04-17 Senate Second Reading Special Order - Passed with Amendments - Committee
- 2026-04-14 Senate Committee on Business, Labor, & Technology Refer Amended - Consent Calendar to Senate Committee of the Whole
committee-passage - 2026-04-06 Introduced In Senate - Assigned to Business, Labor, & Technology
introduction - 2026-03-09 House Third Reading Passed - No Amendments
passage, reading-3 - 2026-03-06 House Second Reading Special Order - Passed with Amendments - Committee, Floor
- 2026-03-04 House Second Reading Laid Over Daily with Amendments - Committee
- 2026-03-03 House Second Reading Special Order - Laid Over Daily with Amendments - Committee
- 2026-02-26 House Committee on Finance Refer Amended to House Committee of the Whole
committee-passage, referral-committee - 2026-02-03 Introduced In House - Assigned to Finance
introduction
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/2c8bb0f3-5b55-4a93-ad8e-467bcd4f0236. Confidence: reported (aggregated from official Colorado legislature records).