SF 1387

as introduced - 90th Legislature (2017 - 2018) Posted on 02/24/2017 09:20am

A bill for an act
relating to commerce; requiring the implementation of a statewide education and
outreach program to protect vulnerable adults, seniors, and caregivers from financial
exploitation; appropriating money.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin FINANCIAL EXPLOITATION OF SENIORS AND VULNERABLE
ADULTS EDUCATION AND OUTREACH; APPROPRIATION.
new text end

new text begin (a) $500,000 in fiscal year 2018 is appropriated from the general fund to the commissioner
of commerce to create and execute a statewide education and outreach campaign to protect
seniors, meaning those aged 60 or more years, vulnerable adults, as defined in Minnesota
Statutes, section 626.5572, subdivision 21, and their caregivers from financial fraud and
exploitation. This is a onetime appropriation.
new text end

new text begin (b) The education and outreach campaign must be statewide, and must include, but is
not limited to, the dissemination of information through television, print, or other media,
training and outreach to senior living facilities, and the creation of a senior fraud toolkit.
new text end

new text begin (c) The commissioner of commerce shall report by January 15, 2018, to the chairs and
ranking minority members of the standing committees of the house of representatives and
senate having jurisdiction over commerce issues regarding the results of the statewide
education and outreach campaign, and recommendations for supporting ongoing efforts to
prevent financial fraud from occurring to, and the financial exploitation of, seniors, vulnerable
adults, and their caregivers.
new text end