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Bill

S 8072

Establishes an elder financial exploitation public awareness campaign

2025 Regular Session Introduced by Cordell Cleare

Creates a state public awareness campaign on elder financial exploitation to educate seniors, families, and professionals about signs and how to report and seek help.

PRINT NUMBER 8072A
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Bill Summary · S 8072

Summary of S 8072A — Establishes an elder financial exploitation public awareness campaign

Basic bill information

  • Bill number: S 8072A
  • Title: Establishes an elder financial exploitation public awareness campaign
  • Status: PRINT NUMBER 8072A (as of May 28, 2025)
  • Introduced: May 15, 2025
  • Sponsor: Cordell Cleare (primary)
  • Related bill: A 8447 (companion in the Assembly)
  • Legislative actions to date:
    • May 15, 2025: Referred to the Senate Aging Committee
    • May 28, 2025: Amendments (T) and Recommit to Aging; Print 8072A (additional actions recorded on the same date)

Purpose and intent

  • The bill aims to establish a state-level public awareness campaign focused on elder financial exploitation.
  • Intent suggested by the bill title: educate the public—particularly seniors, families, caregivers, and professionals—about the signs of financial exploitation and appropriate reporting and protective actions.
  • The measure likely seeks to coordinate outreach across relevant state agencies and stakeholders to deter exploitation and improve awareness and reporting, though detailed mechanisms would be specified in the bill text.

Key provisions (high-level, based on the bill’s purpose)

  • Creates or authorizes a public awareness campaign addressing elder financial exploitation.
  • Likely components (to be specified in the final text) may include:
    • Development and dissemination of educational materials (signs of exploitation, reporting steps, where to seek help).
    • Collaboration with state agencies, community organizations, financial institutions, and professional groups.
    • Outreach strategies (media, community events, trainings, and digital resources).
    • Metrics or reporting requirements to assess campaign reach and impact.
  • Specific funding, administrative structure, duration, and reporting requirements would be defined in the enacted text.

Who would be affected

  • Elderly individuals and their families/caregivers, who would receive information and resources.
  • Financial institutions and professionals who interact with older adults (to recognize warning signs and respond appropriately).
  • State and local agencies involved in aging, social services, consumer protection, and law enforcement.
  • Community organizations, non-profits, and advocates working on elder protection and financial literacy.

Procedural and timeline aspects

  • Referred to Senate Aging Committee on May 15, 2025.
  • On May 28, 2025, the measure underwent amendments and was printed as 8072A, with additional committee actions recorded the same day (amendments and recommitments to Aging).
  • The companion Assembly bill is A 8447, indicating parallel consideration in the other chamber.
  • Status indicates the bill is in committee and has not yet become law; further action would include passage by the Senate, consideration by the Assembly, and ultimately signature or veto override, along with any budgetary provisions.

Additional notes

  • The final, detailed provisions (funding levels, administrative structure, reporting requirements, and implementation timelines) would be found in the text of S 8072A. The accompanying Assembly companion, A 8447, may contain parallel or complementary language.

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

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