Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Assembly approves AB 871 to bolster reporting and training on financial elder abuse
California State Assembly · January 22, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
AB 871, presented as legislation to strengthen protections against financial elder abuse by requiring financial institutions to improve reporting and employee training and enabling aggregation of small-dollar scams across jurisdictions, passed the Assembly by a recorded vote of 56-0.
Assemblymember Stephanie presented AB 871 during third-reading consideration as a measure aimed at addressing financial elder abuse. On the floor she framed AB 871 as strengthening protections by ensuring "financial institutions have appropriate reporting processes and…
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
30-day money-back on paid plans
