Illinois General Assembly - Bill Status for HB6176
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 Bill Status of HB6176  99th General Assembly


Short Description:  AGING-FINANCIAL EXPLOITATION

House Sponsors
Rep. Ron Sandack

Last Action
DateChamber Action
  1/10/2017HouseSession Sine Die

Statutes Amended In Order of Appearance
320 ILCS 20/4.3 new


Synopsis As Introduced
Amends the Adult Protective Services Act. Provides that pending an investigation by the financial institution, the Department on Aging, or law enforcement, if a financial institution reasonably believes that financial exploitation of an eligible adult may have occurred, may have been attempted, or is being attempted, the financial institution may, but is not required to, refuse a transaction requiring the disbursement of funds contained in the account: (i) of the eligible adult; (ii) on which the eligible adult is a beneficiary, including a trust or guardianship account; or (iii) of a person suspected of perpetrating financial exploitation of an eligible adult. Requires a financial institution that refuses to disburse funds to report the incident to the Adult Protective Services Program, local law enforcement, and other specified persons. Provides that a financial institution's refusal to disburse funds shall expire within certain timeframes under certain conditions; and that a court of competent jurisdiction may enter an order extending the refusal by the financial institution to disburse funds. Exempts a financial institution and its employees from criminal, civil, and administrative liability for refusing to disburse funds or disbursing funds if the determination of whether or not to disburse funds was made in good faith.

Actions 
DateChamber Action
  2/11/2016HouseFiled with the Clerk by Rep. Ron Sandack
  2/11/2016HouseFirst Reading
  2/11/2016HouseReferred to Rules Committee
  1/10/2017HouseSession Sine Die

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