HB 754 North Carolina House · 2025-2026 Session

Financial Exploitation Prevention/Savings Bank Updates.

House Bill 754 aims to protect disabled and older adults from financial exploitation. It empowers financial institutions to take action when they reasonably suspect such exploitation by updating relevant laws. Financial institutions are required to report suspected cases to law enforcement and social services, and they can contact designated "trusted contacts." The bill also allows these institutions to temporarily delay or refuse suspicious transactions for up to 30 days and grants them immunity from liability for these good-faith actions.

Bill status passed 3 of 5 stages cleared

Introduction

Apr 2025

Committee Review

May 2025

House Passage

May 2025

Senate Passage

Governor

Introduced Apr 2, 2025 Last action May 8, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Filed → Edition 1 · 4 edits

MODERATE

This bill update primarily adds new sponsors to the legislation and includes minor formatting corrections to the definitions section. The substantive policy content regarding financial exploitation protections for disabled and older adults remains unchanged from the filed version.

TECHNICAL

Added three new co-sponsors (Representatives Howard, N. Jackson, and Crawford) to the bill's sponsor list, expanding the coalition supporting the legislation.

Added a reference to the North Carolina General Assembly website for a complete list of sponsors, improving transparency for the public.

Corrected a typo in the referral section by adding 'and Operations of the House' to the list of committees receiving the bill.

Fixed minor formatting inconsistencies in the definitions section, including correcting a duplicate word ('this State and') and adjusting line breaks for readability.

Floor votes · House May 7, 2025

How they voted

112–0

Passed · 9 other

Total votes 121

May 7, 2025

D Democratic46

42 Yea 4

91% Yea

I Independent2

1 Yea 1

50% Yea

R Republican73

69 Yea 4

94% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 8, 2025

Committee

Ref To Com On Rules and Operations of the Senate

upper

May 7, 2025

Lower · Passed

Passed 3rd Reading

lower

May 7, 2025

Lower · Passed

Reptd Fav

lower

May 6, 2025

Committee

Re-ref Com On Rules, Calendar, and Operations of the House

lower

May 6, 2025

Lower · Passed

Reptd Fav

lower

Apr 15, 2025

Committee

Re-ref Com On Finance

lower

Apr 15, 2025

Lower · Passed

Reptd Fav

lower

Apr 7, 2025

Committee

Ref to the Com on Commerce and Economic Development, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House

lower

Apr 2, 2025

Introduced

Filed

lower

3 primary · 10 co-sponsors