PROTECTING VULNERABLE ADULTS FROM FINANCIAL EXPOLITATION (H 5300)

By Bob Katzen

The House, on a voice vote without a roll call, gave initial approval to a bill that would create a law to address the financial exploitation of persons with disabilities and adults 60 years of age or older.

The bill defines “financial exploitation” as: “the wrongful or unauthorized taking, withholding, or use of money, assets or property of an eligible adult.

“In a state like Massachusetts, where our aging population is growing rapidly, safeguarding vulnerable adults isn’t optional, it’s a responsibility,” said sponsor Rep. Paul McMurtry (D-Dedham). “This bill strikes the right balance between protection, privacy and professional judgment.”

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