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Subcommittee unanimously advances substitute to let seized assets be returned to exploited adults during prosecutions
Summary
The Courts of Justice subcommittee voted 7-0 to report a substitute for HB 2120 that clarifies seizure and forfeiture procedures for cases of financial exploitation of vulnerable adults and allows certain seized property to be returned to victims upon a guilty plea or finding of fact sufficient.
The Courts of Justice subcommittee on [date not specified] voted 7-0 to report a substitute for House Bill 2120, a measure aimed at protecting assets of elderly and other vulnerable adults who are victims of financial exploitation.
The substitute, reported to members by committee counsel, aligns seizure and forfeiture procedures for this offense with existing statutes used for money-laundering cases and includes two departures from current law: it allows service of process to be satisfied by certified mail, and it requires that “any money, equipment, motor vehicles, and other personal or real property that was seized in the course of the prosecution for…
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