FINANCIAL INST-ELDER ABUSE House SponsorsRep. Christine Winger, Jerry Costello, II, Laura Fine, Daniel V. Beiser, Arthur Turner, Sue Scherer, Emanuel Chris Welch and Martin J. Moylan 1/10/2017HouseSession 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. 2/26/2015HouseFiled with the Clerk by Rep. Christine Winger 2/27/2015HouseFirst Reading 2/27/2015HouseReferred to Rules Committee 3/12/2015HouseAssigned to Consumer Protection Committee 3/25/2015HouseAdded Co-Sponsor Rep. Jerry Costello, II 3/27/2015HouseRule 19(a) / Re-referred to Rules Committee 3/31/2015HouseAdded Co-Sponsor Rep. Laura Fine 3/31/2015HouseAdded Co-Sponsor Rep. Daniel V. Beiser 4/14/2015HouseAdded Co-Sponsor Rep. Arthur Turner 5/22/2015HouseAdded Co-Sponsor Rep. Sue Scherer 3/9/2016HouseAdded Co-Sponsor Rep. Emanuel Chris Welch 4/13/2016HouseAdded Co-Sponsor Rep. Martin J. Moylan 1/10/2017HouseSession Sine Die