Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee advances 'SAFER Arkansas' bill to help banks, APS and AG curb elder financial exploitation
Summary
The committee passed House Bill 13-91 (SAFER Arkansas Act) to add a statutory reporting and temporary-hold mechanism so banks, APS and the Attorney General can respond faster to suspected financial exploitation of older adults.
The Senate Insurance & Commerce Committee voted to advance House Bill 13-91, the SAFER Arkansas Act, which creates a statutory scheme within the Arkansas Deceptive Trade Practices Act to better detect and respond to financial exploitation of retirees.
Representative Wing, sponsor, said the measure responds to growing scams that victimized retirees and described the bill as addressing two problems: out‑of‑state scammers and exploitation by caregivers. He told the committee he became involved through personal experience…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
