Creates offense of financial exploitation of the elderly.
This bill creates a new criminal offense specifically targeting financial exploitation of elderly individuals in New Jersey. It directly affects vulnerable seniors who may be victimized by family members, caregivers, or financial professionals (like trustees or agents) who misuse their trust. The law defines key terms such as "deprive" and "fiduciary" to clarify what constitutes exploitation, including unauthorized use of an elderly person's assets or property. This amendment adds a specific criminal penalty for such acts to New Jersey’s existing statutes, strengthening legal protections for seniors against financial abuse.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2024
Committee Review
Oct 2024
Senate Passage
Oct 2024
General Assembly Passage
Governor
Introduced Jan 9, 2024
Last action Oct 28, 2024
Floor votes · Senate Oct 28, 2024
How they voted
40–0
Passed
Total votes 40
Oct 28, 2024
D
Democratic25
100% Yea
R
Republican15
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
4
Key actions
2
Committee
2
Oct 28, 2024
Committee
Received in the Assembly, Referred to Assembly Aging and Human Services Committee
lower
Oct 28, 2024
Upper · Passed
Passed Senate (40-0)
upper
Jun 13, 2024
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Judiciary Committee
upper
2 primary · 7 co-sponsors
Sponsors
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