FINANCIAL INST-ELDER ABUSE House SponsorsRep. Jerry F. Costello, II-Sue Scherer-Stephanie A. Kifowit-Kathleen Willis 12/3/2014HouseSession Sine Die New Act Creates the Financial Institutions Elder Abuse Reporting Act. Provides that a financial institution shall make an abuse report if an employee of the financial institution (i) has direct contact with an elder adult or reviews or approves an elder adult's financial documents, records, or transactions in connection with financial services provided by the financial institution to or for the elder adult, and (ii) observes or obtains knowledge of behavior, unusual circumstances, or transactions that leads the employee to know or have reasonable cause to suspect that the elder adult is the victim of financial abuse. Provides that an abuse report made under the Act is confidential. Provides that a financial institution shall establish and implement a training program to (i) assist employees in recognizing signs of potential financial abuse of an elder adult and (ii) inform employees about the requirement to file abuse reports provided by the Act. Provides for civil penalties for failure to file an abuse report. 2/25/2013HouseFiled with the Clerk by Rep. Jerry F. Costello, II 2/26/2013HouseFirst Reading 2/26/2013HouseReferred to Rules Committee 2/28/2013HouseAdded Co-Sponsor Rep. Stephanie A. Kifowit 3/4/2013HouseAssigned to Human Services Committee 3/8/2013HouseAdded Co-Sponsor Rep. Sue Scherer 3/15/2013HouseAdded Chief Co-Sponsor Rep. Sue Scherer 3/15/2013HouseRemoved Co-Sponsor Rep. Sue Scherer 3/15/2013HouseRemoved Co-Sponsor Rep. Stephanie A. Kifowit 3/15/2013HouseAdded Chief Co-Sponsor Rep. Stephanie A. Kifowit 3/22/2013HouseAdded Chief Co-Sponsor Rep. Kathleen Willis 3/22/2013HouseRule 19(a) / Re-referred to Rules Committee 12/3/2014HouseSession Sine Die