State Rep. Joe Hogan | Pennsylvania 142nd Legislative District
State Rep. Joe Hogan | Pennsylvania 142nd Legislative District
On July 2, 2024, Rep. Joe Hogan (Bucks) announced that his legislation aimed at increasing protections for seniors from financial exploitation has passed the House with strong bipartisan support.
House Bill 2064 authorizes mandatory reporting and disclosure of essential records to state investigators. Additionally, it allows financial institutions and fiduciaries to temporarily delay transactions linked to suspected financial exploitation and engage in judicial proceedings to protect older adults.
The bill also permits the sharing of information and records between financial institutions, fiduciaries, and area agencies on aging. Financial institutions and fiduciaries would be immune from civil or criminal liability when exercising their discretion to report, share records, provide information to area agencies on aging, and temporarily delay financial transactions.
“This is great news for older Pennsylvanians,” said Hogan. “When I held a hearing on the increase of scams and fraud in March of this year, we learned tens of thousands of dollars are lost every week in Bucks County to these types of criminal acts. This kind of legislation has been discussed for over a decade in Harrisburg but with no movement. I’m glad we were able to get this done and hopefully to the governor’s desk. Seniors' hard-earned money is at stake.”
House Bill 2064 now heads to the Senate for concurrence.
Representative Joe Hogan
142nd Legislative District
Pennsylvania House of Representatives
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