Creates new offense of theft by financial exploitation of a vulnerable person.
S 1550 creates a new criminal offense for stealing from vulnerable adults - senior citizens or people with disabilities - when someone in a trusted position (like a caregiver or financial advisor) commits theft against them. It specifically targets financial exploitation in relationships of trust, amending existing laws to define this new charge separately from the underlying theft. The bill requires courts to impose separate sentences for both the financial exploitation offense and the original theft, rather than merging the charges. This law directly affects vulnerable individuals and those in fiduciary roles who exploit them financially.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Judiciary Committee
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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