Official record
Measure details
- Jurisdiction
- Kentucky
- Session
- 2026RS
- Chamber
- lower
- Classification
- bill
- Subjects
- Attorney General, Banks And Financial Institutions, Corrections Impact, Crimes And Punishments, Criminal Procedure, Occupations And Professions
- Introduced / first action
- 2026-03-02 05:00:00
Source-supplied abstracts
Amend KRS 209.990 to add persons age 65 and older to who can be a victim of exploitation; increase the amount of money lost to a person who knowingly exploits a victim from more than $300 to more than $500 and increase the penalty from a Class C felony to a Class B felony; increase the amount of money lost to a person who wantonly or recklessly exploits a victim from more than $300 to more than $500 and increase the penalty from a Class D felony to a Class C felony; increase the amount of money lost to a person who knowingly, wantonly, or recklessly exploits a victim from $300 or less to $500 or less and increase the penalty from a Class A misdemeanor to a Class D felony; allow the Attorney General to demand the Governor of another state to surrender a person found in another state who is charged in Kentucky with exploitation; amend KRS 292.338 to require registered investment advisor representatives to complete at least 3 hours of continuing education covering financial exploitation each reporting period; amend KRS 365.245 to require a qualified person to create and maintain a record of a temporary hold, develop training policies and programs and conduct training on issues regarding financial exploitation, and develop, maintain, and enforce procedures regarding internal review before placing a temporary hold a specified adult's account.
Sponsors
- M. Lockett (primary), primary
- M. Pollock (primary), primary
- C. Aull (primary), primary
- G. Brown Jr. (primary), primary
- B. Chester-Burton (primary), primary
- D. Grossberg (primary), primary
- K. Moser (primary), primary