Governor Comes to Cheshire to Sign Bill Protecting Seniors from Financial Exploitation

August 4, 2023

Yesterday, I was proud to bring Governor Lamont and the Commissioners of Banking and Aging to Cheshire for a historic bill signing! In front of 150 of my constituents at Elim Park, Governor Lamont signed PA 23-161, AN ACT CONCERNING FINANCIAL EXPLOITATION OF SENIOR CITIZENS, into law, to resounding applause and great excitement. 

Starting July 1, 2024, banks and credit unions will have the power to temporarily suspend or hold transactions involving an account of an adult over the age of 60 if there is a reasonable suspicion of financial exploitation for up to 45 days.

 

 

Below are some highlights of the aging bills we passed this year: 

  • Established a new coordinator of state services for people with dementia
  • Strengthened patient's involvement in their homemaker care plans and streamlined the process for filing complaints
  • Expanded eligibility for seniors to participate in adult day services (serving those with early onset dementia)
  • Increased funding for senior nutrition and Meals on Wheels
  • Required homemaker companion companies to provide notice to their clients before they abruptly close and prohibited any increases in rates without at least 60-day notice

Seniors deserve to live comfortably and unburdened. The legislation that we passed will help make this possible.