Fabio
8.2 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 | |||||
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| Bill | Financial institutions; reporting financial exploitation of elderly or vulnerable adults. | Financial institutions; reporting financial exploitation of elderly or vulnerable adults. Permits a financial institution to allow an elderly or vulnerable adult, as defined in the bill, to submit and periodically update a list of trusted persons whom such financial institution or financial institution staff, as defined in the bill, may contact in the case of the suspected financial exploitation of such adult. The bill also permits a financial institution to conduct a training to instruct its staff on how to identify and report the suspected financial exploitation of an elderly or vulnerable adult internally at such financial institution, to a designated trusted contact, and to various other authorities. The bill directs the Bureau of Financial Institutions of the State Corporation Commission to develop and publish guidelines for such training by January 1, 2026. The bill provides that no financial institution staff that have received such training shall be liable in any civil or administrative proceeding for disclosing the suspected financial exploitation of an elderly or vulnerable adult pursuant to the bill's provisions if such disclosure was made in good faith and with reasonable care. The bill provides that no financial institution that has provided such training shall be liable for any such disclosure by financial institution staff. This bill is identical to HB 692. | us/states/va | Virginia General Assembly | 2024 | SB 174 | Virginia SB 174 (2024) |
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enacted |
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5 | 40 | 6 | 2024-01-08 | 2024-04-05 | openstates | ocd-bill/31c2eb21-2732-4092-b2ad-6cbe25364534 | https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB174 | b4bc40f883e8131a3b1415e201ac2b550947f826e62a02f9bff54d118a039868 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Virginia SB 174 (2024) — Financial institutions; reporting financial exploitation of elderly or vulnerable adults.
Financial institutions; reporting financial exploitation of elderly or vulnerable adults. Permits a financial institution to allow an elderly or vulnerable adult, as defined in the bill, to submit and periodically update a list of trusted persons whom such financial institution or financial institution staff, as defined in the bill, may contact in the case of the suspected financial exploitation of such adult. The bill also permits a financial institution to conduct a training to instruct its staff on how to identify and report the suspected financial exploitation of an elderly or vulnerable adult internally at such financial institution, to a designated trusted contact, and to various other authorities. The bill directs the Bureau of Financial Institutions of the State Corporation Commission to develop and publish guidelines for such training by January 1, 2026. The bill provides that no financial institution staff that have received such training shall be liable in any civil or administrative proceeding for disclosing the suspected financial exploitation of an elderly or vulnerable adult pursuant to the bill's provisions if such disclosure was made in good faith and with reasonable care. The bill provides that no financial institution that has provided such training shall be liable for any such disclosure by financial institution staff. This bill is identical to HB 692.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- CHAP0578 (committee substitute) — source
- Committee substitute printed 24106027D-S1 (committee substitute) — source
- Committee substitute printed 24107880D-H1 (committee substitute) — source
- Prefiled and ordered printed; offered 01/10/24 24101504D (committee substitute) — source
- SB174ER (committee substitute) — source
Votes
- Reported from Labor and Commerce with substitute (22-Y 0-N) — 22–0 (pass) · lower
- VOTE: Passage (96-Y 0-N) — 95–0 (pass) · lower
- Reported from Commerce and Labor with substitute (15-Y 0-N) — 15–0 (pass) · upper
- Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper
- Read third time and passed Senate (38-Y 0-N) — 38–0 (pass) · upper
- House substitute with amendment agreed to by Senate (39-Y 0-N) — 39–0 (pass) · upper
Sponsors
- Barbara A. Favola — primary (person)
- Angelia Williams Graves — cosponsor (person)
- Michelle Lopes Maldonado — cosponsor (person)
- Scott A. Surovell — cosponsor (person)
- Tara A. Durant — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2024-01-08 Prefiled and ordered printed; offered 01/10/24 24101504D
filing, introduction - 2024-01-08 Referred to Committee on Commerce and Labor
referral-committee - 2024-01-15 Impact statement from SCC (SB174)
- 2024-01-22 Senate committee, floor amendments and substitutes offered
- 2024-01-22 Reported from Commerce and Labor with substitute (15-Y 0-N)
committee-passage - 2024-01-22 Committee substitute printed 24106027D-S1
substitution - 2024-01-23 Senate committee, floor amendments and substitutes offered
- 2024-01-24 Constitutional reading dispensed (40-Y 0-N)
- 2024-01-25 Read second time
reading-2 - 2024-01-25 Reading of substitute waived
- 2024-01-25 Committee substitute agreed to 24106027D-S1
substitution - 2024-01-25 Engrossed by Senate - committee substitute SB174S1
substitution - 2024-01-26 Read third time and passed Senate (38-Y 0-N)
passage, reading-3 - 2024-02-13 Placed on Calendar
- 2024-02-13 Read first time
reading-1 - 2024-02-13 Referred to Committee on Labor and Commerce
referral-committee - 2024-02-16 Impact statement from SCC (SB174S1)
- 2024-02-20 House committee, floor amendments and substitutes offered
- 2024-02-20 Reported from Labor and Commerce with substitute (22-Y 0-N)
committee-passage - 2024-02-20 Committee substitute printed 24107880D-H1
substitution - 2024-02-22 Read second time
reading-2 - 2024-02-23 House committee, floor amendments and substitutes offered
- 2024-02-23 Read third time
reading-3 - 2024-02-23 Committee substitute agreed to 24107880D-H1
substitution - 2024-02-23 Amendment by Delegate Maldonado agreed to
amendment-passage - 2024-02-23 Engrossed by House - committee substitute with amendment SB174H1
substitution - 2024-02-23 Passed House with substitute with amendment (96-Y 0-N)
passage - 2024-02-23 VOTE: Passage (96-Y 0-N)
passage - 2024-02-27 House substitute with amendment agreed to by Senate (39-Y 0-N)
amendment-passage, substitution - 2024-02-27 Title replaced 24107880D-H1
- 2024-03-04 Enrolled
enrolled - 2024-03-04 Bill text as passed Senate and House (SB174ER)
passage - 2024-03-04 Signed by Speaker
passage - 2024-03-05 Impact statement from SCC (SB174H1)
- 2024-03-07 Signed by President
passage - 2024-03-08 Impact statement from SCC (SB174ER)
- 2024-03-11 Enrolled Bill Communicated to Governor on March 11, 2024
enrolled - 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024
executive-receipt - 2024-04-05 Approved by Governor-Chapter 578 (effective 7/1/24)
executive-signature - 2024-04-05 Acts of Assembly Chapter text (CHAP0578)
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/31c2eb21-2732-4092-b2ad-6cbe25364534. Confidence: reported (aggregated from official Virginia legislature records).