Elder Abuse - As enacted, authorizes a financial service provider, or an officer or employee of the provider, that has reasonable cause to suspect that an elderly or vulnerable adult is the victim or target of financial exploitation, to convey the suspicion to the TBI's elder financial reporting mechanism; requires the TBI to create an elder financial exploitation reporting mechanism that accepts reports from financial institutions. - Amends TCA Title 8; Title 38; Title 39; Title 45; Title 68 and Title 71.

This law requires financial service providers and their employees to report suspected financial exploitation of elderly or vulnerable adults to the Tennessee Bureau of Investigation. It also mandates that the Bureau create a specific reporting mechanism to receive these reports and prominently advertise a toll-free hotline on its website. By updating several state codes, the bill establishes a formal process for financial institutions to notify authorities when they suspect abuse, aiming to protect at-risk populations.