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H 182

An Act to create cannabis career pathways to incarcerated individuals

194th Legislature (2025-2026) Introduced by Chynah Tyler

Protects specified adults from financial exploitation by enabling holds on transactions and interagency reporting to intervene when exploitation is suspected.

Accompanied a new draft, see H4160
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Bill Summary · H 182

Idaho H 182 — Summary

Aimed at protecting vulnerable adults from financial exploitation, this bill adds a new section to the Uniform Securities Act to empower financial institutions and designated state agencies to intervene when exploitation is suspected.

Purpose and scope

  • Establishes protections for specified adults (65+ or adults 18+ with impairments) against financial exploitation.
  • Creates a framework for reporting, temporary transaction holds, and interagency cooperation among financial institutions and state agencies (Idaho Commission on Aging and Department of Finance).

Key definitions

  • Authorized agencies: Idaho Commission on Aging and Department of Finance.
  • Financial exploitation: Wrongful/unlawful taking or use of a specified adult’s funds/assets, or acts designed to control or convert their money/assets via deception, intimidation, undue influence, or other authority (including powers of attorney or guardianship).
  • Financial institution: Broad category including banks, credit unions, lenders, collection agencies, mortgage entities, money transmitters, escrow agents, and broker-dealers/investment advisers (or those doing business in Idaho under applicable law).
  • Reporting person: A broker-dealer, an investment adviser, or a financial institution.
  • Specified adult: A person aged 65+ or a person 18+ who a reporting person reasonably believes has a mental/physical impairment preventing self-protection.

How reporting works

  • If a reporting person reasonably believes exploitation has occurred or may occur, they may notify:
    • Either authorized agency, and
    • Any third party reasonably associated with the adult or permitted by law.
  • Reports to authorized agencies are confidential and protected by confidentiality rules; the reporting person’s name cannot be disclosed outside authorized agencies without permission.

Temporary holds on transactions

  • A reporting person may place a temporary hold on a transaction or disbursement from the specified adult’s account (or a beneficiary account) if:
    • They have reporting duties under law/regulation,
    • They reasonably believe exploitation has occurred, is occurring, or will be attempted.
    • They notify within 2 business days all parties authorized to transact on the account and any adult or legal representative age 18+ authorized to be contacted about the account.
  • Hold duration (default): expires at the earlier of
    • A determination that the disbursement/transaction will not result in exploitation, or
    • 15 business days after placement; may extend to 30 business days if internal review supports continued risk.
  • Agencies may terminate or extend the hold.
  • Notification cannot be sent to individuals reasonably suspected of exploitation.

Records, disclosure, and immunity

  • Reporting persons must provide access to or copies of records relevant to suspected exploitation to authorized agencies and to law enforcement or adult protective services as appropriate.
  • Agencies may share general status or final disposition of related investigations with the reporting person.
  • Good-faith disclosures, holds, and record access provide immunity from administrative or civil liability, unless clear and convincing evidence shows bad faith or intent to harm.

Effective date and emergency

  • Effective July 1, 2025, with an emergency declaration component.

Fiscal impact

  • The fiscal note states no additional state or local expenditures or revenue impact; the bill is asserted to have no fiscal impact.

Who is affected

  • Specified adults (65+ or impaired 18+), reporting persons (broker-dealers, investment advisers, financial institutions), authorized agencies (Idaho Commission on Aging and Department of Finance), and potentially other investigative/law enforcement entities involved in adult protective services.

Compiled from official sources — confirm details with the bill’s official record.

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