Legislation - HB1008

Title: Fiduciary Institutions - Exploitation of Seniors and Vulnerable Adults - Protections and Required Referral (Vulnerable Adult Banking Protection Act)
Sponsored by: Delegates Queen and Spiegel
Status: In the House - Hearing 3/10 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Authorizing a fiduciary institution, under certain circumstances, to delay or deny a disbursement from the account of a certain individual or the account on which a certain individual is a beneficiary; requiring a fiduciary institution, under certain circumstances, to provide certain financial records to certain entities; authorizing a fiduciary institution, under certain circumstances, to contact certain individuals; and providing certain fiduciary institutions immunity from certain liability.

Committees

Original:: Economic Matters

Details

Cross-filed with: SB0753

Bill File Type: Regular

Effective Date(s): October 1, 2026

History

Legislation History
Chamber House Calendar Date 2/06/2026 Legislative Date 2/06/2026 Action First Reading Judiciary Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Fiduciary Institutions - Exploitation of Seniors and Vulnerable Adults - Protections and Required Referral (Vulnerable Adult Banking Protection Act) Proceedings
Chamber House Calendar Date 2/11/2026 Legislative Date 2/11/2026 Action Reassigned to Economic Matters Proceedings 20 Click to view Recorded Media
Chamber House Calendar Date 2/18/2026 Legislative Date 2/18/2026 Action Hearing 3/10 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/06/2026	2/06/2026	First Reading Judiciary
			Text - First - Fiduciary Institutions - Exploitation of Seniors and Vulnerable Adults - Protections and Required Referral (Vulnerable Adult Banking Protection Act)
House	2/11/2026	2/11/2026	Reassigned to Economic Matters	20 Click to view Recorded Media
House	2/18/2026	2/18/2026	Hearing 3/10 at 1:00 p.m.

File Code

Subjects

Statutes